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07/24/2008
Microsoft defends search investments to analysts (AP)
Microsoft Chief Executive Officer Steve Ballmer speaks during the launch ceremony of Microsoft's new research and development centre in Herzliya near Tel Aviv May 21, 2008. Ballmer on Thursday defended the company's need to make steep investments in its Internet business in order to compete with Google Inc and said such moves could boost its value in time. (Gil Cohen Magen/Reuters)AP - Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed minimal light Thursday on specific steps it will take to challenge Google in the wake of the failed bid to buy Yahoo.



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07/24/2008
Major shareholder advisory firm backs Yahoo board (AP)
People walk past Yahoo! offices in Santa Monica, California, May 19, 2008. (Lucy Nicholson/Reuters)AP - An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring.



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07/24/2008
Creators of Scrabble knockoff on Facebook sued (AP)
Toy-makers Hasbro and Mattel have demanded that social networking website Facebook remove the online game Scrabulous due to alleged copyright infringement(AFP/File/Leon Neal)AP - T-R-O-U-B-L-E could loom for a Scrabble knockoff that has become one of the most popular activities on Facebook.



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07/24/2008
Facebook to help some programmers, punish others (AP)
Mark Zuckerberg, founder and CEO of Facebook, gestures while delivering the keynote address during the annual Facebook f8 developer conference in San Francisco, Wednesday, July 23, 2008.  Facebook announced that 24 Web sites and applications have joined its efforts to make the Web more open and connected through Facebook Connect. (AP Photo/Eric Risberg)AP - Facebook Inc. is introducing more tools to help the software applications fueling the online hangout's popularity and is promising to intensify its efforts to weed out programs that violate its rules for protecting users' privacy.



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07/24/2008
Microsoft CFO: Yahoo a "declining asset" (CNET)
CNET - REDMOND, Wash.--Microsoft CFO Christopher Liddell said that Yahoo was a "declining asset" and said the chances of a full-on acquisition were now "negligible."
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07/24/2008
Microsoft CEO backs Web spending, "done" with Yahoo (Reuters)
Microsoft Chief Executive Officer Steve Ballmer speaks during the launch ceremony of Microsoft's new research and development centre in Herzliya near Tel Aviv May 21, 2008. Ballmer on Thursday defended the company's need to make steep investments in its Internet business in order to compete with Google Inc and said such moves could boost its value in time. (Gil Cohen Magen/Reuters)Reuters - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc.



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07/24/2008
MS Plots iPhone Rival, Vista PR, as MobileMe Draws Flak (NewsFactor)
NewsFactor - Apple has been boosting sales of Macs with its Mac OS X operating system -- seemingly at Microsoft's expense, as more PC users turn up their noses at Microsoft's Windows Vista. Apple also has had great success with its iPhone, but now that Apple is taking flak because of problems with its MobileMe service, an admiring Microsoft appears ready to go after some of Apple's revenue.
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07/24/2008
Open-network Chief Sees Verizon Following His Lead (PC World)
PC World - The head of the new open-network initiative at Verizon Wireless sees the carrier's traditional business following the open...
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