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SF Gate
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Yahoo Inc.'s board formally rejected Microsoft's $44.6 billion takeover today, saying that it "substantially undervalues" the Web portal, but at the same time, left the door open for a counter offer.
After evaluating the proposal, the board unanimously..
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CNN
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Software giant Microsoft said Friday it had made an unsolicited offer to buy Internet search engine operator Yahoo with a cash and stock bid worth $44.6 billion. The $31-a-share offer represents a 62 percent premium for shareholders above the closing pric..
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The Register
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Google is flirting with yet another effort to offer unfettered internet access over American airwaves, and as usual, it's facing endless back-and-forth with the FCC.
Last Thursday, the world's largest search engine sent a note to the good ol' Federal C..
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Ars Technica
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Amazon dropped the bomb today by announcing its DRM-free music store. The previously-rumored store will be launched sometime "later this year" and offer unprotected MP3 files for purchase. The Amazon music store, which does not appear to have a name yet,..
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BBC News
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Barclays is to drop its bid for Dutch bank ABN Amro, clearing the way for a group led by the Royal Bank of Scotland to buy it.
The bank confirmed it would withdraw from the bid battle after it failed to win the backing of shareholders controlling 80% o..
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BBC News
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Computer enthusiasts in the developed world will soon be able to get their hands on the so-called "$100 laptop".
The organisation behind the project has launched the "give one, get one" scheme that will allow US residents to purchase two laptops for $3..
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Los Angeles Times
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Satellite television provider DirecTV Group Inc. said Wednesday that it reached a deal to offer subscribers high-speed Internet and voice services carried by Current Group over electric power lines.
DirecTV will be able to offer its customers the servi..
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Los Angeles Times
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Northrop Grumman Corp. has joined with Israel Aerospace Industries Ltd. to offer Israeli-built spy satellites to U.S. military and intelligence agencies.
Each satellite would cost less than $200 million, said Bob Bishop, a spokesman for Century City-ba..
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Guardian Unlimited
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EMI is to offer all its digital music without copyright protection on iTunes, allowing music fans to download tracks to any digital music player and not just iPods.
iTunes will offer digital rights management-free versions of the EMI catalogue with bet..
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Los Angeles Times
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Yahoo Inc. said Tuesday that it planned to offer unlimited e-mail storage to its roughly quarter of a billion users, starting in May.
The world's biggest e-mail service is scrapping its free e-mail storage limit of 1 gigabyte, or about a billion bytes..
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Washington Post
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Tuesday's midterm elections will play out not only in the voting booth and on TV but also on the Web, which will be offering the most coverage ever for an election...
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