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Powerset Deal Latest Example Of Microsoft`s `Not Invented Here` Strategy
Microsoft is increasingly bypassing the work of its own R&D labs and turning to acquisitions to buy its way into the tech industry's hottest growth markets.
InformationWeek

MacBook Air takes laurels in three-way usability competition
Of three ultrathin portables - MacBook Air, Toshiba Portege, and Lenovo ThinkPad - which is the most usable? To find out, Computerworld turned to usability experts and 20 impartial testers. Those testers, David Haskin relates, found MacBook Air the most usable, the most fun, and the best value of the three. In fact, they made MacBook Air 'the clear winner when asked which laptop they'd purchase.'
apple.com

European Bank Shares Gain on Subprime Hopes
FRANKFURT (dpa) -- Shares in Deutsche Bank AG and UBS AG jumped Wednesday after the two giant European banks ruled out moves for additional capital injections in the wake of the financial market crisis....
Hispanic Business

Audio: In these times, turn to growth-and-income and balanced funds
Steven McKee, editor of the No-Load Mutual Fund Selections & Timing newsletter, said that in times when the market gets nervous, the top-performing mutual funds tend to come from the more vanilla parts of the fund world. As such, McKee said in a radio interview that investors should be gravitating towards growth-and-income and balanced funds, which give management some flexibility to keep powder dry in cash or bonds, allowing for some protection at times when being fully invested can actually drag down performance.
MarketWatch.com

Judge Clears U.S. Request for UBS Clients` Names
A federal judge on Tuesday cleared the way for prosecutors to force the Swiss bank UBS to turn over the names of clients as part of an investigation of its offshore private banking practices.
The New York Times

US wins order for UBS tax records
A FEDERAL judge in Miami has authorized US officials to seek information from UBS AG about US taxpayers suspected of using Swiss bank accounts to evade income taxes, part of a probe that could crack open Switzerland's tradition of bank secrecy.
News.com

US demands names of UBS customers
The US Government moved a step closer yesterday to ripping off the veil of secrecy that for centuries has protected the identity of UBS clients as a federal court took the unprecedented step of demanding that the Swiss bank hand over the names of as many as 20,000 of its customers.
Times Online

Microsoft deal steps up rivalry with Google
Microsoft turned up the heat in its technological rivalry with Google as it announced the purchase of Powerset, a company that has developed one of the most promising, and controversial, new internet search tools of recent years
FT.com

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