Who hasn't Microsoft signed a patent deal with?
Posted by 8Lights   -   15th May 2008
It seems nearly every tech company has a patent licensing deal with Microsoft. News.com's Ina Fried digs up a few names that haven't reached such agreements.

Amazon Funds Animoto Music Video Creator
Posted by 8Lights   -   15th May 2008
Amazon has taken a special interest in one of its web service customers: Animoto, the machine-driven music video creator that launched last August and now has over 160,000 users. The online retail giant has decided to fund the startup with an undisclosed

EU says Google map images could be a problem
Posted by 8Lights   -   15th May 2008
BRUSSELS (Reuters) - The ability of Google Inc's map service to put detailed street-level images on the Internet could raise concerns in Europe if it was introduced there, the EU's data protection agency said on Thursday.

Apple's largest U.S. store highlights growth plan
Posted by 8Lights   -   15th May 2008
BOSTON (Reuters) - Apple Inc unveiled its largest U.S. store on Wednesday, a glass-facade building sheathed in steel that a senior company official said reflects Apple's plans to expand retail ventures at home and abroad.

Friedman says Freddie Mac earnings under pressure until 2012
Posted by 8Lights   -   15th May 2008
(Reuters) - Friedman Billings Ramsey said Freddie Mac will not realize meaningful earnings growth until 2012, at the earliest, and that the $5.5 billion capital raise it announced Wednesday will not be enough.

Blockbuster posts profit for first quarter
Posted by 8Lights   -   15th May 2008
NEW YORK (Reuters) - Blockbuster Inc , the No. 1 U.S. movie rental chain, on Thursday posted a profit for the first quarter as cost cuts and restructuring helped boost its bottom line.

Rough economy cuts into pay for U.S. CEOs: study
Posted by 8Lights   -   15th May 2008
NEW YORK (Reuters) - CEO compensation at the biggest U.S. corporations dropped sharply last year, reflecting in part the rough business conditions at top-tier banks and other large financial firms, a study has found.

T. Boone Pickens orders 667 GE wind turbines: report
Posted by 8Lights   -   15th May 2008
NEW YORK (Reuters) - T. Boone Pickens' Mesa Power LLP placed a $2 billion order for 667 wind turbines with General Electric to build the world's largest wind farm in the Texas Panhandle, the Dallas Morning News reported Thursday.

JC Penney quarterly profit down 50 percent
Posted by 8Lights   -   15th May 2008
NEW YORK (Reuters) - Retailer J.C. Penney Co Inc reported a 50 percent drop in quarterly profit on Thursday as its middle-income shoppers pulled back on spending amid the U.S. economic downturn.

Icahn to run board slate for Yahoo: sources
Posted by 8Lights   -   15th May 2008
NEW YORK (Reuters) - Billionaire investor Carl Icahn is moving ahead with plans to run a dissident board slate at Yahoo Inc in a bid to force the Internet company to sell itself Microsoft Corp, sources familiar with the matter told Reuters on Wednesday.