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Technology News
MySpace tells AP it has won $234M spam judgment (AP)
AP - The popular online hangout MySpace has won a $234 million judgment over junk messages sent to its members in what is believed to be the largest anti-spam award ever, The Associated Press has learned.
Tue, 13 May 2008 23:15:19 GMT
HP taking aim on IBM with risky $13.2B acquisition of EDS (AP)

An exterior view of Hewlett-Packard Co. in Palo Alto, Calif., is seen on March 8, 2008. Hewlett-Packard Co. is negotiating to buy information technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker win more consulting contracts with large companies and government agencies. Palo Alto-based HP and Plano, Texas-based EDS confirmed the talks Monday, May 12, 2008, shortly after The Wall Street Journal reported a deal could be reached as early as Tuesday. Citing unnamed people familiar with the matter, the Journal said HP will pay $12 billion to $13 billion. (AP Photo/Paul Sakuma)AP - Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.



Tue, 13 May 2008 22:37:41 GMT
Sale to HP will end EDS independence (AP)
AP - Eight months into his tenure as CEO of Electronic Data Systems Corp., Ronald Rittenmeyer is overseeing the sale of the company, something he says he never planned.
Tue, 13 May 2008 20:29:00 GMT
Reports: Carl Icahn considering attempt to oust Yahoo board (AP)

In this Oct. 11, 2007 file photo, private equity investor Carl Icahn speaks at the World Business Forum in New York.  Circuit City on Friday, May 9, 2008 revealed that it has received a letter from Blockbuster indicating that Icahn, the company's largest shareholder, is prepared to buy Circuit City on his own if Blockbuster can't get financing or can't get shareholder approval. (AP Photo/Mark Lennihan, file)AP - Billionaire investor Carl Icahn is reportedly loading up on Yahoo Inc.'s stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft Corp., back to the bargaining table.



Tue, 13 May 2008 23:37:01 GMT
Craigslist countersues eBay, saying it broke antitrust laws (AP)

In this April 14, 2005 file photo, Craigslist.org CEO Jim Buckmaster, left, and founder Craig Newmark, center, are photographed outside of their office in San Francisco. Craigslist countersued its minority owner, eBay Inc., on Tuesday, alleging the online auctioneer is competing illegally with the classified advertising Web site. Craigslist's complaint, filed in Superior Court in San Francisco, claims eBay broke laws in a series of actions relating to its own classifieds site Kijiji, which launched last year in the U.S. (AP Photo/Jeff Chiu, file)AP - Online classifieds giant Craigslist countersued its minority owner, eBay Inc., on Tuesday, alleging the online auctioneer is violating federal and state antitrust laws.



Tue, 13 May 2008 23:53:07 GMT
Craigslist sues eBay, alleges corporate spy plan (Reuters)
Reuters - Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay Inc, alleging eBay used its minority stake in Craigslist to steal its corporate trade secrets.
Tue, 13 May 2008 23:53:27 GMT
Office for Mac Sales Soar, VBA Support To Return (NewsFactor)
NewsFactor - Apple is selling more Macintosh computers than ever before -- and that's having unexpected benefits for Microsoft. Sales of Microsoft Office 2008 for Mac are triple the volume for the previous 2004 version of the productivity software and are the highest in the product's history, Microsoft announced Tuesday.
Tue, 13 May 2008 20:40:23 GMT
Sprint Nextel CEO asks shareholders' patience in turnaround (AP)
AP - Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers.
Tue, 13 May 2008 20:44:35 GMT
Fedora 9 Released (PC World)
PC World - The latest version of the community-supported branch of Red Hat Linux offers new features and an improved UI.
Tue, 13 May 2008 21:14:00 GMT
Nintendo Launches WiiWare for Game Downloads (NewsFactor)
NewsFactor - Building on the success of its Wii game console, Nintendo has launched WiiWare, a software service for games. Wii owners who have their machines hooked up to an Internet connection will be able to download games from both large developers and small shops. As a game service, WiiWare competes with services on other consoles, such as Microsoft's Xbox Live Arcade and Sony's PlayStation Store.
Tue, 13 May 2008 20:39:01 GMT
HP To Challenge IBM with $13.9 Billion EDS Acquisition (NewsFactor)
NewsFactor - Two king-pins in the technology industry announced Tuesday a merger agreement valued at $13.9 billion, with Hewlett-Packard Co. (NYSE: HPQ) set to acquire computer consulting firm Electronic Data Systems Corp. (NYSE: EDS) in an effort to compete more aggressively with rival IBM in the technology services business.
Tue, 13 May 2008 23:45:06 GMT
Trends & Innovations - Tuesday (Investor's Business Daily)
Investor's Business Daily - A new camera system that will allow video game enthusiasts to use their bodies as virtual game controllers is slated to go on sale by year's end. The ZCam, made by the firm 3DV Systems, allows users to wave their hands to play virtual drums or to throw actual punches to strike a character in a video game. The system projects near-infrared light that is then reflected by the user and detected by the ZCam. Nintendo's Wii console and Activision's "Guitar Hero" game have spurred a number of companies to explore new ways to allow players to interact with games.
Tue, 13 May 2008 22:42:19 GMT

 

 
 
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