International Business News - MOT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The tech sector's attention was captured by two major deals this week, as Hewlett-Packard Co. said it will buy Electronic Data Systems Corp. for $13.2 billion and CBS Corp. agreed to acquire CNET Networks Inc. for $1.8 billion. http://www.ibtimes.com/articles/20080516/tech-roundup-hp-nabs-eds-cbs-grabs-cnet.htm Fri, 16 May 2008 16:29:55 EDT 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. http://www.ibtimes.com/data/articleimgs/46733-yahoo-icahn.jpg http://www.ibtimes.com/articles/20080516/icahn-to-yahoo-board-sell-to-microsoft-or-leave.htm http://www.ibtimes.com/articles/20080516/icahn-to-yahoo-board-sell-to-microsoft-or-leave.htm Fri, 16 May 2008 05:27:16 EDT Billionaire investor Carl Icahn reported a new stake in Amylin Pharmaceuticals Inc. as of March 31, but no longer owned shares of department store chain Macy's Inc. and railroad operator CSX Corp., according to a quarterly regulatory filing Thursday. http://www.ibtimes.com/articles/20080515/icahn-holds-stake-in-amylin-cut-macys-and-csx.htm Thu, 15 May 2008 17:33:56 EDT 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. http://www.ibtimes.com/data/articleimgs/46632-yahoo-icahn.jpg http://www.ibtimes.com/articles/20080515/icahn-vows-to-oust-yahoo-directors-in-shareholder-revolt.htm http://www.ibtimes.com/articles/20080515/icahn-vows-to-oust-yahoo-directors-in-shareholder-revolt.htm Thu, 15 May 2008 16:50:12 EDT Billionaire investor Carl Icahn is setting out to oust Yahoo Inc.'s board of directors for "irresponsible" and "unconscionable" actions that led Microsoft Corp. to withdraw a $47.5 billion offer to buy the slumping Internet pioneer. http://www.ibtimes.com/data/articleimgs/46534-yahoo-icahn.jpg http://www.ibtimes.com/articles/20080515/investor-carl-icahn-moves-to-oust-yahoo-directors.htm http://www.ibtimes.com/articles/20080515/investor-carl-icahn-moves-to-oust-yahoo-directors.htm Thu, 15 May 2008 14:51:13 EDT Billionaire investor Carl Icahn is setting out to oust Yahoo Inc.'s board of directors for "irresponsible" and "unconscionable" actions that led Microsoft Corp. to withdraw a $47.5 billion offer to buy the slumping Internet pioneer. http://www.ibtimes.com/data/articleimgs/46504-yahoo-icahn.jpg http://www.ibtimes.com/articles/20080515/icahn-vows-to-oust-yahoo-directors-in-shareholder-revolt.htm http://www.ibtimes.com/articles/20080515/icahn-vows-to-oust-yahoo-directors-in-shareholder-revolt.htm Thu, 15 May 2008 11:52:19 EDT Verizon Wireless is backing a free operating system that competes with programs from Microsoft Corp., Google Inc. and Qualcomm Inc. and expects it to become the "preferred" software on its network. http://www.ibtimes.com/articles/20080514/verizon-wireless-to-introduce-linux-phones.htm Wed, 14 May 2008 10:51:23 EDT U.S.-traded shares of Alcatel-Lucent rose Tuesday, but analysts were cautious on the telecommunications equipment maker's prospects. The French company reported its first-quarter results April 30, taking a loss and saying it expects revenue to decline in 2008 because of lower spending by key customers and weakness in the U.S. dollar. http://www.ibtimes.com/articles/20080513/adrs-in-focus-alcatel-lucent-rises.htm Tue, 13 May 2008 15:25:45 EDT Most handset makers' shares declined Tuesday, with Research In Motion Ltd.'s stock dipping despite some price target increases from analysts on the day after it unveiled a new BlackBerry model and hit an all-time high. http://www.ibtimes.com/articles/20080513/sector-snap-handset-stocks-mostly-decline.htm Tue, 13 May 2008 13:26:38 EDT The earthquake that ripped through central China's Sichuan province, killing more than 12,000 people, crumpling roads and factories and disrupting power and communication, will be only a transitory jolt for the booming economy, analysts say. http://www.ibtimes.com/data/articleimgs/45843-aptopix-china-earthquake.jpg http://www.ibtimes.com/articles/20080513/economic-jolt-from-chinas-quake-seen-as-limited.htm http://www.ibtimes.com/articles/20080513/economic-jolt-from-chinas-quake-seen-as-limited.htm Tue, 13 May 2008 10:10:45 EDT Handset makers' shares mostly rose Monday, with Research In Motion Ltd. leading the sector after the company unveiled the Bold _ its first major new BlackBerry model in over a year. http://www.ibtimes.com/articles/20080512/sector-snap-most-handset-stocks-rise-rim-jumps.htm Mon, 12 May 2008 13:35:30 EDT The revolving door between former members of Congress and lucrative lobbying firms usually leads one way. But Jim Slattery is trying to make a U-turn. http://www.ibtimes.com/articles/20080512/lobbyist-defends-work-in-run-for-senate.htm Mon, 12 May 2008 03:29:04 EDT Stocks that are moving substantially or trading heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080507/walt-disney-cisco-systems-among-big-market-movers.htm Wed, 07 May 2008 14:58:39 EDT Most handset stocks dipped Wednesday, with Motorola Inc.'s shares declining even as an analyst indicated the struggling cell phone maker is likely to benefit from the combination of Clearwire and Sprint Nextel Corp.'s wireless broadband units. http://www.ibtimes.com/articles/20080507/sector-snap-most-handset-stocks-decline.htm Wed, 07 May 2008 13:33:33 EDT Shares of Multi-Fineline Electronix Inc. surged in Wednesday morning trading after the electronics components maker's fiscal second-quarter results exceeded analyst expectations. http://www.ibtimes.com/articles/20080507/out-of-the-gate-multi-fineline-electronix-climbs.htm Wed, 07 May 2008 10:35:20 EDT Malaysia's government promised Monday not to deter foreign investments in the five states it lost to an opposition alliance in recent elections. Opposition lawmakers have feared that after March's landmark polls the National Front ruling coalition might divert investments away from the five states, which include the northern manufacturing hub of Penang and wealthy central Selangor state near Kuala Lumpur. http://www.ibtimes.com/articles/20080505/malaysia-to-draw-investment-to-all-areas.htm Mon, 05 May 2008 05:06:29 EDT The technology sector's week kicked off with solid first-quarter earnings from Verizon and ended with the Microsoft-Yahoo takeover saga intensifying amid reports that the two were in active talks and the software giant has raised its bid for the Internet icon. http://www.ibtimes.com/articles/20080502/tech-roundup-microsoft-yahoo-saga-heats-up-sun-disappoints.htm Fri, 02 May 2008 16:41:03 EDT Adobe Systems Inc. says it will license its video-enabling Flash software for free for mobile devices to help developers make mobile Internet experiences more closely resemble the experience on computers. http://www.ibtimes.com/articles/20080501/adobe-plans-to-give-away-flash-for-mobile-devices.htm Thu, 01 May 2008 00:02:03 EDT Motorola shares' performance will remain weak, a Thomas Weisel analyst said, as the company divides itself and struggles with weak handset sales. Analyst Matthew Sheerin downgraded the stock to "Market Weight" from "Overweight" Monday and reduced his price target to $11 per share from $18. The Chicago company reported first-quarter results Thursday, taking a larger-than-expected loss and posting lower revenue, as cell phone sales continued to be weak. http://www.ibtimes.com/articles/20080428/ahead-of-the-bell-motorola-downgraded-to-market-weight.htm Mon, 28 Apr 2008 08:40:27 EDT What a difference six weeks makes. Right before the last Federal Reserve meeting, investors were worried about the global banking system imploding. Now, investors are betting the credit markets are on the mend and Wall Street is looking forward to an economic recovery. http://www.ibtimes.com/data/articleimgs/42508-wall-street.jpg http://www.ibtimes.com/articles/20080427/wall-street-looks-for-cues-from-federal-reserve-meeting.htm http://www.ibtimes.com/articles/20080427/wall-street-looks-for-cues-from-federal-reserve-meeting.htm Sun, 27 Apr 2008 14:33:45 EDT