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Yahoo to Reject Microsoft Bid Yahoo's board plans to reject Microsoft's unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says. |
| Yahoo+to+Reject+Microsoft+Bid |
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Dell Takes a Step Back From AMD Dell will stop selling most consumer PCs powered by AMD chips through its popular Web site. The move is a setback for AMD, which spent years convincing Dell to modify its longtime strategy of using only Intel chips. |
| Dell+Takes+a+Step+Back+From+AMD |
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Nasdaq Gains; Buyback Plan Boosts Amazon Amazon shares rose Friday on news of the online retailer's largest-ever buyback plan. The Nasdaq edged higher as investors looked for bargains, but the index still finished 4.5% lower for the week. |
| Nasdaq+Gains;+Buyback+Plan+Boosts+Amazon |
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FCC Vote on News Corp. Deal Soon The FCC will vote soon on a deal between News Corp. and Liberty Media to swap assets. The transaction has been awaiting approval from the FCC and Department of Justice for more than a year. |
| FCC+Vote+on+News+Corp.+Deal+Soon |
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Polaroid to Close U.S. Film Plants Polaroid is closing its remaining U.S. film plants next month and will stop making film for its venerable instant-picture cameras by the end of the year. |
| Polaroid+to+Close+U.S.+Film+Plants |
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Alcatel Woes Deepen on Wireless Alcatel's $3.65 billion write-down on what was supposed to be one of its key wireless technologies raises concerns that the company overpaid for Lucent. |
| Alcatel+Woes+Deepen+on+Wireless |
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Corning Results Projected to Rise Corning reaffirmed expectations of strong first-quarter demand for its liquid-crystal-display glass used in flat-screen televisions and computers. |
| Corning+Results+Projected+to+Rise |
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Microsoft's Office Push Scrutinized Microsoft is under EU scrutiny over its push to get the Office file format ratified as an international standard. |
| Microsoft's+Office+Push+Scrutinized |
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Anchor Cut Mideast Internet Cable A ship's anchor was behind one of the two cuts last week in undersea Internet cables around the Middle East that caused dramatic outages across the region. |
| Anchor+Cut+Mideast+Internet+Cable |
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Probe May Derail Music Venture The Justice Department has begun an inquiry into Universal Music's proposal to its three main competitors that they develop a service to compete with Apple's iTunes. |
| Probe+May+Derail+Music+Venture |