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Gates Pushes Auto Industry on Technology (AP)
AP - Microsoft Corp. mogul Bill Gates and the leader of Ford Motor Co. outlined a future Friday in which software enables cars to fix themselves and avoid accidents.

Apple's "Tiger" aims to take a bite out of Microsoft, "Longhorn" (AFP)
AFP - Apple Computer sharpened its focus on the personal computer market with the release of a new operating system called "Tiger" that aims to take a bigger bite out of the market dominated by Microsoft.

Microsoft shares up after third-quarter profit nearly doubles (Canadian Press)
Canadian Press - SEATTLE (AP) - Shares of Microsoft Corp. rose Friday after the world's largest software maker reported a third-quarter profit that nearly doubled from a year ago, despite sales that fell short of Wall Street forecasts due to leaner licensing business and a sharp drop in the U.S. dollar's value.

Stocks Rise as Oil Falls, Microsoft Helps (Reuters)
Reuters - U.S. stocks rallied on Friday as oil tumbled below $50 a barrel to a 10-week low, while an upbeat outlook from Microsoft Corp. boosted confidence about earnings.

Microsoft: The Cash Machine (The Motley Fool)
The Motley Fool - Software giant Microsoft (Nasdaq: MSFT - News) is a classic cash machine (or, if you're from the Midwest, a cash cow). Go back 15 years (you can go back further, but I didn't) and you'll see that revenue and earnings increased every year.

Microsoft Wants More Standard Users (PC World)
PC World - Fewer Longhorn users should require administrative privileges, which should make the software more secure, company says.

Microsoft Third-Quarter Profits Double (NewsFactor)
NewsFactor - Microsoft (Nasdaq: MSFT) has reported its financial results for the quarter, noting that in the period, profit has nearly doubled.

Stock markets surge as crude oil prices fall more than $2.00 US a barrel (Canadian Press)
Canadian Press - TORONTO (CP) - Stock markets rallied as the price of oil fell again Friday and ended the day below $50 US a barrel, the lowest close since mid-February, easing concerns about the potential impact on the global economy. "I think it's well recognized that oil is one of the risk factors in the economic picture, and this drop is helping the market," said Richard Rippe, chief economist for the Prudential Equity Group in New York.

Dow Ends Up 122 Points As Oil Prices Skid (AP)
AP - Wall Street ended a volatile week with a big advance Friday as oil prices tumbled below $50 per barrel and jittery investors took solace in a pair of economic reports that eased their inflation concerns. The Dow Jones industrial average gained 122 points for the session, but the major indexes finished the week mixed.

Microsoft Reaches Out to Open-Source Community (Ziff Davis)
Ziff Davis - Microsoft General Counsel Brad Smith calls for bridge building between Microsoft, its competitors and the open-source community.

Gates Pushes Auto Industry on Technology (AP)
AP - Microsoft Corp. mogul Bill Gates and the leader of Ford Motor Co. outlined a future Friday in which software enables cars to fix themselves and avoid accidents.

New Design Could Transform 1st Bike Ride (AP)
AP - Who can forget the thrill — and terror — of that first solo bicycle ride: Mom or Dad letting go, the magic of two-wheeled freedom and, inevitably, toppling over in a knee-scraping crash?

Spitzer Sues Intermix Over 'Spyware' (AP)
AP - New York Attorney General Eliot Spitzer sued a major Internet marketer Thursday, blaming it for secretly installing software that delivers nuisance pop-up advertisements and can slow and crash personal computers.

Verizon Pulling Plug on Free NYC Wi-Fi (AP)
AP - Verizon Communications Inc. is turning off the free wireless Internet access it beams from New York City telephone booths for DSL subscribers who use laptops away from home or the office.

Cinema Owners Seek to Curb Phone Rage (AP)
AP - New Zealand cinema owners may use mobile phone jamming technology to stop mid-movie calls, text messaging — and cell phone rage among patrons, they said Friday.

Coalition Forms To Protect Cookies (AdWeek.com)
AdWeek.com - A coalition of agencies, publishers and measurement firms hopes to head off a consumer revolt against Internet tracking cookies.

Apple's "Tiger" aims to take a bite out of Microsoft, "Longhorn" (AFP)
AFP - Apple Computer sharpened its focus on the personal computer market with the release of a new operating system called "Tiger" that aims to take a bigger bite out of the market dominated by Microsoft.

Australian study uses mobile phones to monitor teen angst (AFP)
AFP - Australian researchers are planning to use teenagers' love of mobile phones to help monitor adolescent depression and pick up warning signs of potentially suicidal behaviour.

SCO, IBM and Outcomes-Based Circular Reasoning (NewsFactor)
NewsFactor - SCO's basic claim against IBM (NYSE: IBM) is simple. According to SCO, it is the legal successor to AT&T (NYSE: T) with respect to licensing of the AT&T Unix source code and its derivatives. IBM, SCO said, violated the contractual terms under which it has access to AT&T and related code by passing protected knowledge into the Linux development effort.

Microsoft Shares Up on Strong 3Q Profit (AP)
AP - Shares of Microsoft Corp. rose Friday after the world's largest software maker reported a third-quarter profit that nearly doubled from a year ago, despite sales that fell short of Wall Street forecasts due to leaner licensing business and a sharp drop in the dollar's value.

Spitzer Sues Intermix Over 'Spyware' (AP)
AP - New York Attorney General Eliot Spitzer sued a major Internet marketer Thursday, blaming it for secretly installing software that delivers nuisance pop-up advertisements and can slow and crash personal computers.

Coalition Forms To Protect Cookies (AdWeek.com)
AdWeek.com - A coalition of agencies, publishers and measurement firms hopes to head off a consumer revolt against Internet tracking cookies.

Hushmail DNS Attack Blamed on Network Solutions (Ziff Davis)
Ziff Davis - Network Solutions confirms that a weakness in its customer-service authentication causes the temporary hijack of a customer's Web site. Hushmail isn't impressed with the company's response.

Hong Kong man pleads innocent to copyright charge by sharing movies online (AFP)
AFP - A Hong Kong man pleaded innocent in court for allegedly violating copyright laws by sharing movies on the Internet, a judicial spokeswoman said.

AOL Rebuilds Messaging Client from the Ground Up (NewsFactor)
NewsFactor - Internet portal AOL (NYSE: AOL) has initiated a major makeover of its instant-messaging client with an early-stage beta test of a new architecture and code base dubbed Triton.

Yahoo Updates Personal Search Tools (NewsFactor)
NewsFactor - Yahoo (Nasdaq: YHOO) on Wednesday introduced the beta release of My Web from Yahoo Search. Yahoo has positioned My Web as a "personal search engine" designed to provide users a way to save, recall and share online information with friends and colleagues.

Italians Seek to Close Website Showing Pope as Nazi (Reuters)
Reuters - Rome judicial authorities sought a temporary injunction on Friday against an Internet site which carried doctored photographs of Pope Benedict dressed in a Nazi uniform.

EBay officers agree to pay $3 million (SiliconValley.com)
SiliconValley.com - Three current and former eBay executives, including Chief Executive Meg Whitman, have agreed to pay $3 million to settle a lawsuit that they inappropriately accepted shares in scores of lucrative IPOs from investment-banking firm Goldman Sachs Group.

Verizon Pulling Plug on Free NYC Wi-Fi (AP)
AP - Verizon Communications Inc. is turning off the free wireless Internet access it beams from New York City telephone booths for DSL subscribers who use laptops away from home or the office.

Will Longhorn Try to Rival Google? (PC World)
PC World - Upcoming OS is less focused on search, more focused on helping users locate files, exec says.

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