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Dollar Trims Gains After Fed Hikes Rates NEW YORK (Reuters) - The dollar pared gains on Tuesday after the Federal Reserve raised interest rates for the fifth time this year, as expected, but quashed hopes for more aggressive rate tightening.
2
Veritas Rises on Symantec Merger Report SAN FRANCISCO (Reuters) - Veritas Software Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=VRTS.O target=/stocks/quickinfo/fullquote">VRTS.O</A> shares jumped 9 percent on Tuesday on a report that security software company Symantec Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=SYMC.O target=/stocks/quickinfo/fullquote">SYMC.O</A> would acquire it for \$13 billion.
2
Microsoft launches desktop search tool US software company Microsoft has launched a beta version of its MSN Toolbar Suite, with desktop search functionality that can help users find documents, media files or e-mail messages on their PCs.
3
Hollywood Steps Up Fight Against Online Piracy The major Hollywood studios today said they are escalating their fight against online piracy by pursuing civil and criminal legal actions against the operators of computer servers that help
3
Cuts in Carbon Dioxide Emissions Urged The world #39;s chief climate scientist on Tuesday disputed the US government contention that cutbacks in carbon dioxide emissions are not yet warranted to check global warming.
0
Stocks Rise, Dollar Slips After Fed Move NEW YORK (Reuters) - U.S. stocks rallied, bonds erased losses and the dollar pared gains on Tuesday after the Federal Reserve raised U.S. interest rates for the fifth time this year and left its policy and inflation stance unchanged.
2
Verizon Unlikely to Bid Now for Sprint PHILADELPHIA (Reuters) - Verizon Communications Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=VZ.N target=/stocks/quickinfo/fullquote">VZ.N</A> has no imminent plans to bid for Sprint Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FON.N target=/stocks/quickinfo/fullquote">FON.N</A>, people familiar with the situation said on Tuesday, lifting a potential obstacle to Sprint's bid for Nextel Communications Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=NXTL.O target=/stocks/quickinfo/fullquote">NXTL.O</A>.
2
Trade Gap Widens to Record \$55.5 Billion WASHINGTON (Reuters) - The U.S. trade gap widened nearly 9 percent in October to a record \$55.5 billion as sky-high oil prices helped propel imports into new territory, the government said on Tuesday, while a second report showed industrial output rose in November, as expected.
2
GE Sees 2005 EPS Growth of 10-15 Percent BOSTON (Reuters) - Diversified manufacturer General Electric Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GE.N target=/stocks/quickinfo/fullquote">GE.N</A> said on Tuesday it expects earnings to grow between 10 percent and 15 percent in 2005, boosted by strong growth from its financial and energy units.
2
BlackBerry Maker's Patent Suit Upheld TORONTO/WASHINGTON (Reuters) - A U.S. appeals court upheld a patent infringement finding against BlackBerry e-mail device maker Research In Motion Ltd. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=RIM.TO target=/stocks/quickinfo/fullquote">RIM.TO</A> on Tuesday, but struck down part of the ruling and sent it back to a lower court for further proceedings.
2
Verizon Considering Bid For Sprint The Wall Street Journal is reporting that Vodafone has given Verizon Wireless the green-light to make a bid to buy Sprint. quot;Verizon Communications Inc.
2
Appeals court: RIM violated patents update A federal appeals court affirmed that Research In Motion has infringed on holding company NTP #39;s patents but can continue selling its products in the United States pending a district court #39;s decision.
2
Veritas Shares Jump on Report of Talks With Symantec (Update5) Veritas Software Corp. shares rose as much as 13 percent after the New York Times said Symantec Corp. is in talks to buy the company for more than \$13 billion, in what would be the second-biggest deal ever in the software industry.
2
MPAA taking aim at server operators in war on piracy The major motion picture studios launched an international offensive against online piracy on Tuesday as the MPAA announced scores of lawsuits on four continents and criminal
3
Fujifilm FinePix F450 Attracts Praise from Outside Camera Circle The Fujifilm FinePix F450 attracted the attention of some popular magazines this month. Fortune named the digital camera one of the Top 25 Best Products of the Year
3
US has no contact with Hamas, spokesman says The United States on Tuesday rejected the saying that it had held contacts with Hamas as a leader of the radical Palestinian group has claimed.
0
London court backs probe into Iraqi civilian death A London court on Tuesday backed anindependent inquiry into an Iraqi civilian allegedly killed by British soldiers but ruled out judicial reviews into five other civilian deaths in southern Iraq.
0
P.E.I. nudist resort gets nod to add campground in Green Gables country (Canadian Press) Canadian Press - CAVENDISH, P.E.I. (CP) - A stark transformation is underway in the land of pinafores and gingham, thanks to Prince Edward Island's only nudist resort.
0
AP: Air Pollution a Top Priority for Bush (AP) AP - President Bush will make air pollution a top priority in Congress early next year, starting with "an aggressive push" to build support for his pollution-cutting plan, senior administration officials said Saturday.
0
Ex-Nazi's Fate Uncertain After Ruling (AP) AP - A former Nazi concentration camp guard whose appeal of a deportation order was turned down by the U.S. Supreme Court is not in good health and doesn't fully comprehend the legal issues, his lawyer said Tuesday.
0
BlackBerry Maker #39;s Patent Suit Upheld A US appeals court upheld a patent infringement finding against BlackBerry e-mail device maker Research In Motion Ltd. on Tuesday, but struck down part of the ruling and
2
Stocks End Higher After Fed Rate Hike NEW YORK (Reuters) - U.S. stocks ended higher on Tuesday, after the Federal Reserve raised interest rates as expected and said inflation was in check and the economy is growing at a moderate pace despite a rise in energy prices.
2
RIM Patent Suit Partly Upheld TORONTO/WASHINGTON (Reuters) - A U.S. appeals court upheld a patent infringement finding against BlackBerry e-mail device maker Research In Motion Ltd. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=RIM.TO target=/stocks/quickinfo/fullquote">RIM.TO</A> on Tuesday, but said part of an earlier court ruling was flawed and sent the case back to a lower court.
2
CORRECTED: Veritas Capital to Buy DynCorp Units PHILADELPHIA (Reuters) - Private equity firm Veritas said on Sunday it agreed to acquired DynCorp International LLC, which provides aviation maintenance, personal security and training for law enforcement agencies and the U.S. government, for \$850 million.
2
US Fed boosts key interest rate to 2.25 percent US Federal Reserve decided Tuesday to raise the federal funds rate, which commercial banks charge each other on overnight loans, by one-quarter percentage point to 2.25 percent from 2 percent.
2
Sprint-Nextel Deal Could Impact Kirkland, Wash.-Based Nextel <b>...</b> Dec. 11--A marriage of Nextel Communications and Sprint could mean significant change for Kirkland-based Nextel Partners as well. Sprint and Nextel Communications are reportedly close to a deal that would create the third-largest US wireless carrier.
2
Zafi worm purports to be Christmas greeting com December 14, 2004, 12:26 PM PT. A new variant of the so-called Zafi worm surfaced Tuesday, disguised to appear as a Christmas greeting.
3
Saudi Beheaded for Shooting Countryman (AP) AP - A Saudi man was beheaded Tuesday for fatally shooting a countryman, the Interior Ministry said.
0
Mashal to BBC: US, EU in touch with Hamas Hamas representatives are in touch with leaders from the United States and the European Union, even though Hamas appears on the countries #39; lists of terror organization, according to Hamas political leader Khaled Mashal.
0
Alberta says no to public inquiry into Calgary voting scandal (Canadian Press) Canadian Press - EDMONTON (CP) - Alberta will not hold a public inquiry into allegations that voting fraud took place during Calgary's civic election in October.
0
Diamondbacks Sign Shortstop Clayton PHOENIX (Sports Network) - The Arizona Diamondbacks signed free agent shortstop Royce Clayton to a one-year contract on Tuesday. Financial terms were not released.
1
Blue Jays Sign Third Baseman Koskie TORONTO (Sports Network) - The Toronto Blue Jays signed free agent third baseman Corey Koskie to a three-year contract on Tuesday with an option for 2008.
1
Abbas Calls on Palestinians to Drop Armed Struggle GAZA (Reuters) - Palestinian leader Mahmoud Abbas called on Tuesday for his people to pursue negotiations instead of violence in the struggle for a state, marking out a change of strategy for peace with Israel after Yasser Arafat's death.
0
GE Sees 2005 EPS Growth of 10-15 Percent BOSTON (Reuters) - General Electric Co. expects earnings per share to grow between 10 percent and 15 percent in 2005, boosted by strong energy and financial businesses, the diversified manufacturing and services company said on Tuesday.
2
Googles library project makes books available online Google Inc., a web-search services leader, will offer books and documents online from four universities and the New York Public Library.
3
Sony and Samsung to share basic technology patents Sony Corp. and Samsung Electronics have announced that the companies have agreed to share patents on basic technologies to speed up product development and avoid adding to a growing number of cross-border patent disputes.
3
Bonds Stroll Higher as Fed Stays Measured NEW YORK (Reuters) - U.S. Treasury prices climbed on Tuesday after the Federal Reserve raised interest rates by a quarter percentage point as expected and its post-meeting statement offered few surprises.
2
Female Suicide Bombers: Dying to Kill As a spate of suicide bombings around the world in recent years has shown, the face of terror is increasingly female.
3
Blockbuster Cancels Late Fees You have to give Blockbuster (NYSE: BBI) credit for trying. The company has not sat idly by while a changing competitive landscape slowly chips away at its core movie rental business.
2
Merck plans further cost cuts By Christopher Bowe and Andrew Jack in Whitehouse Station, New Jersey. Merck has quickened the pace of its restructuring with plans to cut a further 700 jobs, targeting about \$3bn in savings by the end of 2008
2
Google plans giant online library stack Well, boot up, bibliophile. That vision took a big step toward becoming reality this week, as Internet search-engine firm Google and five big libraries announced plans to create a giant online reading room.
3
MSN vs. Apple #39;Spotlight #39; For purposes of comparison, many people are sizing up MSN #39;s new desktop search program and toolbar suite against Google #39;s previously released desktop search program.
3
Bills Place Euhus on Injured Reserve (AP) AP - The Buffalo Bills placed rookie Tim Euhus on injured reserve with a right knee injury Tuesday, the second tight end the team has lost this season.
1
World's Tallest Bridge Inaugurated (AP) AP - Thundering fighter jets streamed the blue, white and red of the French tricolor as President Jacques Chirac on Tuesday dedicated the world's tallest bridge, a skyway span dwarfing the Eiffel Tower by more than 50 feet.
0
Hawks Waive McCoy; Activate Ivey (Reuters) Reuters - The Atlanta Hawks waived center\Jelani McCoy Tuesday and activated guard Royal Ivey from the\injured list.
1
Iran May Negotiate With U.S. Over Nukes (AP) AP - Iran is willing to talk with the United States about a nuclear program that Washington alleges is aimed at secretly acquiring the bomb, Foreign Minister Kamal Kharrazi said Monday. The White House, however, rejected the idea.
0
Syria: Bomb shows Israel does not want peace DAMASCUS: Syrian Information Minister Mehdi Dakhlallah said Tuesday that the bombing of a car belonging to a member of the Palestinian movement Hamas in Damascus showed Israel continued to reject peace.
0
Cognos launches financial consolidation applications In response to the latest external reporting requirements from the Feds, Cognos announced this week three additions to its suite of financial applications targeted at the enterprise office of finance.
2
Hawks Waive McCoy; Activate Ivey ATLANTA (Sports Network) - The Atlanta Hawks waived center Jelani McCoy Tuesday and activated guard Royal Ivey from the injured list.
1
Group seeks calendar, scheduling app interoperability The new Calendaring and Scheduling Consortium has unveiled plans to create standards to make it easier for computer users to share calendars and related information with people outside their companies.
3
Toshiba to use perpendicular recording in new drives Toshiba said today that it is close to commercializing a new data storage technology, called perpendicular recording, that could significantly increase the capacity of hard-disk drives.
3
Gaudi's cathedral gets help from Dassault, IBM The Sagrada Familia Foundation, which has been working on the cathedral since Gaudi's death in 1926, is using software to make virtual replicas of the models and plan the work needed to finish the structure.
3
Zafi worm variant hides behind Christmas cheer Zafi.D, a new version of the Zafi e-mail worm, is spreading Christmas wishes along with its malicious code, and has been rated a medium threat by antivirus software companies.
3
Report: Symantec eyes \$13B Veritas acquisition Symantec's reported interest in purchasing Veritas for \$13 billion is in keeping with the company's expansion plans, analysts say.
3
Oracle faces daunting challenges integrating PeopleSoft As Oracle embarks on one of the software industry's largest acquisitions in history with its \$10.3 billion purchase of PeopleSoft, it needs to show it can chew what it has bitten off.
3
Europe uses grid to create new megacomputer If the new grid computer were considered a single supercomputer, it would rank behind supercomputers BlueGene/L and Columbia in the U.S. and the Earth Simulator in Japan.
3
ICANN enters negotiations on .mobi, .jobs domains ICANN has begun commercial and technical negotiations with the applicant registries, bringing the number of domains in this second stage of evaluations to four. The other two are the .post and .travel domains.
3
Ask a Premier 100 IT Leader: Shelley McIntyre Shelley McIntyre, vice president of business technology services, IT at The Guardian Life Insurance Company of America, answers readers' questions about developing new skills and leveraging legacy experience in today's job market.
3
Court lifts RIM injunction, but finds infringement A U.S. appeals court issued a mixed ruling Tuesday in a patent dispute between Research in Motion(RIM) and NTP, upholding a decision that RIM infringed upon patents held by NTP, but vacating an injunction ordered by a lower court and sending the case back for further deliberations.
3
Oracle user group to welcome PeopleSoft users OAUG (Oracle Applications Users Group) president Patricia Dues said today that the organization is in the midst of plans to support PeopleSoft users and the PeopleSoft user group.
3
Microsoft testing new e-mail subscription service Microsoftis testing a new subscription Hotmail service that includes 2GB of e-mail storage and a copy of Outlook 2003 to access the service from the desktop.
3
Ask Jeeves to unveil desktop search tool Ask Jeeveswill launch a test version of its desktop search tool on Wednesday, following the launch of similar tools by rivals Microsofton Monday and Google in October, and ahead of expected entries from America Online(AOL) and Yahoo.
3
Zafi variant hides behind Christmas cheer A new version of the Zafi e-mail worm is spreading Christmas wishes along with its malicious code, according to antivirus software companies.
3
Cisco branches out with WAF services Cisco Systems on Tuesday introduced the Cisco File Engine Series, a line of appliance-based solutions utilizing WAFS (wide area file services) technology designed for branch office consolidation.
3
Zafi Worm Hides Behind Christmas Cheer New variant offers holiday greetings before infecting your PC with a virus.
3
Ask Jeeves Previews Desktop Search Tool Company joins heavyweights Google, MSN, and others in desktop search fray.
3
US trade gap widens further in October WASHINGTON: The US trade gap widened nearly 9 per cent in October to a record \$US55.5 billion (\$NZ79.13b) as sky-high oil prices helped propel imports into new territory, while industrial output rose as expected in November.
2
Toshiba to use perpendicular recording in new drives DECEMBER 14, 2004 (IDG NEWS SERVICE) - Toshiba Corp. said today that it is close to commercializing a new data storage technology that could significantly increase the capacity of hard disk drives.
3
Intel Still Straining To judge by the shift in the headlines, the processor war is nearly over. Who #39;s in? Advanced Micro Devices (NYSE: AMD). Out? Intel (Nasdaq: INTC).
3
ICANN Gives the Nod to Two New Domains One domain, quot;.mobi, quot; will be set up for websites trying to work with the restrictions of Internet surfing on cell phones.
3
Grid Pioneers To Launch Company The creators of the widely-used Globus Toolkit have formed a company to provide commercial software, services and support for the open source software that has become the de facto standard for grid computing.
3
Microsoft, Fujifilm team on digital prints Fujifilm #39;s Get The Picture Online service will be available starting this week through Windows XP #39;s updated Online Print Wizard, MSN Photos and Microsoft Digital Image Suite.
3
Iraqi PM says trials of Saddam #39;s top lieutenants to begin next <b>...</b> The trials of top figures in Saddam Hussein #39;s ousted administration will begin next week, interim Prime Minister Ayad Allawi said Tuesday, but Saddam will not be among them.
0
Vikings' Tice on Bubble After Latest Loss (AP) AP - The Minnesota Vikings were convinced they wouldn't end this season like they did the last, when a 6-0 start was wiped out by a 3-7 finish. Well, they could be right #151; this season might be worse.
1
IRAQ: 2nd Car Bomb in 2 Days Kills 7, Elections in Jeopardy BAGHDAD, Iraq - For the second time in two days, a suicide bomber attacked Baghdad #39;s Green Zone early this morning killing seven Iraqis.
0
Philippine movie legend who ran for President, dies DEADLY floods, a bomb blast - reports on these were no match for news of this movie legend #39;s illness and death in the Philippines.
0
Pinochet stalls arrest with request to drop charges SANTIAGO (AFP) - Lawyers for Augusto Pinochet stepped up efforts to stop the former Chilean dictator from appearing in court to face charges of murder and kidnapping during his 1973-90 rule.
0
Fed Raises Interest Rate to 2.25 Percent WASHINGTON (Reuters) - The Federal Reserve pushed U.S. interest rates up by a modest quarter-percentage point on Tuesday and expressed confidence that inflation could be kept at bay by slowly lifting credit costs from rock-bottom levels.
2
Trade Gap Widens, Industrial Output Up WASHINGTON (Reuters) - The U.S. trade gap widened nearly 9 percent in October to a record \$55.5 billion as sky-high oil prices helped propel imports into new territory, the government said on Tuesday, while a second report showed industrial output rose in November, as expected.
2
Verizon Unlikely to Bid Now for Sprint PHILADELPHIA (Reuters) - Verizon Communications Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=VZ.N target=/stocks/quickinfo/fullquote">VZ.N</A> has no imminent plans to bid for Sprint Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FON.N target=/stocks/quickinfo/fullquote">FON.N</A>, people familiar with the situation said on Tuesday, toppling a potential obstacle to Sprint's \$37.8 billion bid for Nextel Communications Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=NXTL.O target=/stocks/quickinfo/fullquote">NXTL.O</A>.
2
Court Rules RIM Infringed on NTP Patent TORONTO - A US appeals court ruled Tuesday that Research In Motion, maker of the BlackBerry e-mail device, infringed on another company #39;s patent - but sent the case back to a lower court for some of the claims to be reconsidered.
2
Report: Symantec in talks to acquire Veritas Software Symantec Corp. #39;s reported interest in acquiring Veritas Software Corp. for more than \$13 billion would represent the computer security giant #39;s biggest step yet beyond its core
2
Akron Odd Team Out As Bowl Season Begins (AP) AP - There's the GMAC Bowl, the Emerald Bowl and the Champs Sports Bowl. And there's the Continental Tire Bowl and the Insight Bowl and the MPC Computers Bowl.
1
Companies step up monitoring of internal networks (USATODAY.com) USATODAY.com - Companies that have spent billions on cyberdefenses to thwart intruders are now addressing an even bigger threat: employees. Many are investing in software that monitors sensitive content inside corporate networks, say security analysts and venture capitalists.
3
Google borrows books from leading libraries Books from some of the world #39;s largest academic libraries are to be scanned and made instantly searchable by Google. The internet search engine has revealed plans to scan the whole of Michigan and Stanford
3
New Internet worm disguised e-Christmas card Internet security experts have warned of a new virulent email worm particularly successful in infecting computers as it is disguised as a multilingual electronic Christmas card.
3
Microsoft patches spell happy holidays com December 14, 2004, 2:32 PM PT. Microsoft managed to give a small holiday gift to network administrators this month: No critical patches.
3
Study: Linux the Safest Out There Linux is more secure than most commercial software, which confirms what its proponents already knew. A four-year study released today by Coverity, reports Linux has a low bug count, making the code more stable and secure.
3
Google, Others Strive to Enrich Web with Books (Reuters) Reuters - Google Inc. wants to save you a trip\to the library. The search engine that revolutionized how\people use the Internet has teamed up with some of the world's\greatest libraries to put their books in your living room.
3
Senor Moment? The Mets are close to signing Red Sox free agent Pedro Martinez to a long-term deal. All that #39;s left for Pedro is passing the physical and being fitted for a batting helmet that can cover his entire body.
1
Compiled by Page 3 With real life news reading funnier than made-up comedy bits, the Late Night kings are loving every minute of it. Page 3 #39;s top shelf team (OK, it #39;s one dude out on the west coast, but he #39;s still top shelf) compiled
1
Blue Jays sign third baseman Koskie Toronto, ON (Sports Network) - The Toronto Blue Jays signed free agent third baseman Corey Koskie to a three-year contract on Tuesday with an option for 2008.
1
Farrior gets Steelers #39; vote as top defensive player James Farrior has already gotten one teammate #39;s vote as the NFL #39;s top defensive player this season. Make that a lot of votes.
1
Roda will not extend Vloet Amsterdam, the Netherlands (Sports Network) - Dutch club Roda JC announced Tuesday that coach Wiljan Vloet will not be back next season.
1
Case of Fumbles Afflicts Giants' Barber (AP) AP - Not only are the New York Giants in a tailspin that mirrors last season, Tiki Barber once again is finding it tough holding onto the football.
1
Desktop Search Tool Ups the Ante, Says Microsoft (NewsFactor) NewsFactor - Microsoft (Nasdaq: MSFT) launched its beta version of a new tool that allows users to search from many places on the desktop -- such as Windows, Outlook and Explorer. The MSN Toolbar Suite takes advantage of Microsoft's dominant Windows operating system to provide an ever present search tool to mine for data on a computer's hard drive or information from the Web.
3
Nokia's Back on Top (The Motley Fool) The Motley Fool - After a dismal start to 2004, Nokia (NYSE: NOK - News) is finally reasserting its dominance in the cell-phone market, proving, once again, why it's good to be the top dog in your industry.
3
Iraq War Crime Trials Could Begin Next Week Iraq #39;s interim government says war crime trials of members of the former regime of Saddam Hussein could begin as early as next week.
0
Iraq War Crimes Trials to Begin Next Week Iraq will bring top figures of Saddam Hussein #39;s ousted regime to court next week for the first time since they appeared before a judge five months
0
Turkey Movie Theater Fire Injures Dozens ISTANBUL, Turkey - A fire broke out at a movie theater during a gala premiere Tuesday night, injuring dozens of people - none seriously, officials said.
0