Microsoft Corp.
In a rapidly unfolding drama, Microsoft has filed a lawsuit against Google and Dr. Kai-Fu Lee, a high-profile Microsoft executive, alleging that Lee has breached his non-compete agreement with the company. The lawsuit claims that Lee, who was hired by Google just hours after the announcement, had access to sensitive
Microsoft Corp.
Microsoft filed a lawsuit against Google and former executive Kai-Fu Lee, alleging that Lee breached his contract by joining a direct competitor. The software maker also accused Google of intentionally assisting Lee, who was hired to head Google's first research-and-development center in China. Meanwhile, Lockheed Martin won a
Microsoft Corp.
Google, Yahoo, and Microsoft are joining forces to develop online mapping services, enabling users to create customized maps and embed interactive maps on their websites. This collaborative effort marks a significant shift towards "Web 2.0," characterized by seamless integration of services, facilitating innovative applications and location-based advertising
Information technology services industry
Stock prices fluctuated significantly on Wednesday, as leading companies in the industry made announcements that affected market sentiment. Sirius Satellite Radio Incorporated (SIRI) introduced an exclusive music channel featuring Jimmy Buffett's music, while rival XM Satellite Radio Holdings Inc. secured a $650 million agreement with Major League Baseball.
Information technology services industry
Yahoo Inc.'s entry into the online music subscription market has caused a significant stir in the industry, with shares of rival companies Napster Inc. and RealNetworks Inc. plummeting after the announcement. The steep discounts offered by Yahoo on its music subscription service, priced as low as $4.99
Information services
The Mexican government has introduced subsidies for agricultural diesel, a move that will benefit over 42,000 farmers in Jalisco state. The program is designed to support producers who have already received their electronic cards, which entitle them to discounts on diesel prices at service stations. The subsidy is aimed
Information services
Mexican industrial firms, led by the National Manufacturing Industry Chamber (Canacintra) and the Industrial Chambers Confederation (Concamin), are urging financial institutions to provide small and medium-sized enterprises (SMEs) with access to loans under more favorable conditions. Despite growth in consumer loans, mortgages, and credit for automobiles, SMEs are struggling to
Information services
The Winnipeg Commodity Exchange experienced a downturn in grain and oilseed futures on Tuesday, with contract lows set in canola and feed grains. Moderate activity was reported, with hedge selling accelerating in these markets. Canola futures saw a range of trade in the Mar-May spread, from C$1.00 to
Information services
The Winnipeg Commodity Exchange saw mixed trade in grain and oilseed futures on Monday, with feed grains lower and canola modestly higher due to strength in Chicago Board of Trade soyoil futures. Canola traded actively, with an estimated 5,512 contracts changing hands, down from Friday's 8,193
Information services
At midday on January 19, 2005, grain and oilseed futures on the Winnipeg Commodity Exchange (WCE) showed a mixed trend, with some contracts trading higher while others remained steady. Key Takeaways: * Canola futures were higher at midday due to commercial buying, which was reportedly stimulated by advances in CBOT soybean
Information services
Futures contracts for grain and oilseeds at the Winnipeg Commodity Exchange are expected to start the week on a steady note due to lower calls for CBOT grain and soybean values. Despite gains on Monday, traders anticipate selling on the open to be tempered, with canola futures seen opening steady
Information services
The Canadian dollar recorded significant strength on Wednesday, as a record large US trade deficit, coupled with a stronger-than-expected Canadian trade surplus in November, contributed to its rise. The Canadian dollar traded at a high of 83.37 US cents (C$1.1995) at the close of the North American
