Reuters - Hewlett-Packard Co
is in talks to buy technology outsourcing company
Electronic Data Systems Corp for $12 billion to $13
billion in a deal which would vault it to a close second to IBM
in technology services.
Reuters - Maurice "Hank" Greenberg, former chief
executive of American International Group , has said the
insurer is in "crisis" and urged a delay in its annual general
meeting scheduled for Wednesday, according to a letter he sent
to the board.
Reuters - Westpac Banking Corp Ltd
launched a $17.6 billion all-share bid for smaller rival St
George Bank Ltd in a tie-up that would create
Australia's biggest bank by market value.
Reuters - Nissan Motor Co (7201.T) reported a 13.7
percent drop in fourth quarter operating profit on Tuesday and
forecast a sharp fall in annual profits this year due to a
weaker dollar, rising commodities prices and sinking U.S.
demand.
Reuters - Societe Generale , the French
bank hit by the world's worst rogue trader scandal, reported a
23.4 percent fall in first quarter net profit although earnings
came in above the average market forecast.
Survey: 1 in 10 boomers borrowing for everyday expenses
(AP)
AP - The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.
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Reuters - Any Star Trek fan knows that space
travel is not always easy, but Microsoft Corp wants to make
traveling the "final frontier" as simple as turning on your
computer.
SOA Software buys LogicLibrary
(InfoWorld)
InfoWorld - Matching up critical components in the SOA space, SOA Software, which provides SOA governance automation, said Monday it has acquired SOA repository and governance vendor LogicLibrary.
Microsoft readies service packs for dev tools
(InfoWorld)
InfoWorld - Microsoft released Monday beta versions of separate service packs for the Visual Studio 2008 software development platform and the accompanying .Net Framework 3.5, a Microsoft official said in a blog.
Windows XP SP3 Woes Especially Affect AMD Systems
(NewsFactor)
NewsFactor - Users who thought the Windows XP operating system would be more reliable than its younger sibling Vista are being buffeted by reports that the latest update for XP, Service Pack 3, has its own problems.