Reuters - Financier Carl Icahn launched a proxy
battle on Thursday to force Yahoo Inc to reopen buyout
talks with Microsoft Corp , saying the Yahoo board had
acted "irrationally" in refusing its $47.5 billion offer.
Reuters - Stocks rose in light trading on
Thursday, pushing the S&P 500 to its highest close since
January, as a pullback in oil prices eased concerns about
inflation and a battle to control Yahoo Inc helped the
tech sector.
CBS to buy web publisher CNET for $1.8 billion
(Reuters)
Reuters - CBS Corp said on Thursday it
would buy web media company CNET Networks Inc for
about $1.8 billion to boost the television broadcaster's reach
across the Internet.
Reuters - Berkshire Hathaway Inc (BRKa.N),
billionaire Warren Buffett's investment company, no longer held
any Ameriprise Financial Inc stock as of March 31,
according to a U.S. regulatory filing on Thursday.
Reuters - Leaders of the U.S. Senate Banking
Committee have reached a deal on a broad housing rescue plan in
which Fannie Mae and Freddie Mac would provide
funds to support a federal mortgage insurance fund, two
industry sources said on Thursday.
AP - Luxury retailer Nordstrom Inc. said Thursday its profit fell 24 percent in the first quarter, as recession rumblings in the U.S. crimped even wealthier consumers' shopping habits.
A free, Open Source drawing program for young children (ages 3 and up). It has an easy to use and fun interface. Along with standard drawing tools, like brush, lines, shapes and eraser, Tux Paint also has multiple levels of undo and redo, a collection of "Magic" special effect tools, a "Rubber Stamp" (a.k.a. "Sticker-Book") tool for placing pre-drawn shapes and photographic objects into a picture, and "Starter" images that provide coloring book imagery and scenery to paint on.
Tux Paint has been translated to over 60 languages, including Spanish, French, German, Italian, Greek, Hebrew, Chinese, Japanese and Korean. It is available for Windows, Linux, Mac OS X and BeOS and other Unixes.
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AP - Yahoo Inc. Chief Executive Jerry Yang spent months fending off Microsoft Corp.'s unsolicited takeover bid. Now he may only have a few weeks to persuade the software maker to revive its last offer of $47.5 billion, or risk being fired in a shareholder mutiny led by activist investor Carl Icahn.
PurchasePro founder convicted in stock fraud scheme
(AP)
AP - A one-time dot-com billionaire was convicted Thursday of stock fraud and obstruction of justice after a court finding that he deceived investors in his Las Vegas software company.
AP - Rex Jameson bikes and swims regularly, and plays tennis and skis when time allows. But the 5-foot-11, 180-pound software engineer is lucky if he presses 200 pounds — that is, until he steps into an "exoskeleton" of aluminum and electronics that multiplies his strength and endurance as many as 20 times.
Reuters - Yahoo Inc has introduced a
software development tool that lets outside parties create
customized views of Yahoo Web search results, the company said
on Thursday.
Designer Miyamoto makes video games pulse with life
(USATODAY.com)
USATODAY.com - NEW YORK - Shigeru Miyamoto, the father of iconic Nintendo mascot Mario, among many others, doesn't just bring characters to life in his video games. He injects his life into his creations. That's why his latest project, Wii Fit, which arrives in stores Wednesday, is not really a game at all. It's a $90 software-and-gadget fitness package for Nintendo's revolutionary Wii, reflecting Miyamoto's interest in his own physical health. Wii Fit, which comes with a balance board, has a built-in virtual trainer that helps players with yoga, aerobics and muscle toning.