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A Matter of Opinion?
Floyd Abrams, the most famous First Amendment lawyer in the country, might surprise his admirers with his representation of a company regarded as Part of the Problem in the economic meltdown.
New York Times

CIC buys 40% stake in Citic Capital
State-owned China Investment Corp., the nation's sovereign wealth fund, had agreed to buy 40% of Citic Capital Holdings Ltd., Caijing reported on Friday, citing a company letter addressed to investors.
IB Times

From $17,000 On Credit Cards, To Debt-Free
A few months ago, when the Credit Card Bill of Rights was before Congress, we visited Rachel Wilson: She'd had more than 18 credit cards since college, and had $17,000 in debt. But this past Wednesday, she finally paid off her 'statement balance' and owes nothing to the credit card companies. Now she has to start saving.
NPR

Apple, MS, LG being sued for touchpad infringement
Apple, Microsoft, LG, and 20 other companies are being sued for patent infringement by Tsera, who claims to have invented the touch pad used in devices such as the iPod classic, the Zune, and the Chocolate VX8500. The patent was first filed in 1999 by Chuang Li and was granted in 2003, following the release of the second generation iPod classic. The patent's wording could lead to the case being th...
macnn.com

Two contractors killed in Iraq chopper crash
Two employees of an American security company have been killed in a helicopter accident in Iraq
iol.co.za

LG GW620 Eve to be the company`s first Android phone?
LG is known to be working on a few Android handsets, and we’re pretty excited to learn that the GW620 Eve may be the first LG device to run Android. The official announcement is closing fast, and we can't wait for it to happen. Details are still scarce for now, but we do know the handset will have the Android browser, HVGA touchscreen display, full-QWERTY keypad, Wi-Fi and UMTS/HSDPA support... [These are short news! Click for details]
Cellaz

Microsoft`s Big Week: Showing Off Office 2010, Windows 7 at Worldwide Partner Conference
Microsoft used its Worldwide Partner conference in New Orleans to show off its newest products and assume a more aggressive public stance against Apple, Google and other rivals. In addition to the upcoming Windows 7, its new operating system, Microsoft also demonstrated Microsoft Office 2010, Windows Server 2008, Windows Mobile 6.5 and its public cloud-computing platform, Azure. - Microsofts Worldwide Partner conference, running in New Orleans from July 13-16, saw the company demonstrating a wide swath of its upcoming products, including Office 2010, Windows 7, Silverlight 3, Windows Server 2008 and Windows Mobile 6.5, as the company seeks to regain and retain market sha...
eWEEK

CIT talks to bondholders; bankruptcy still feared
NEW YORK (Reuters) - CIT Group Inc is in talks with a group of bondholders for $2 billion to $3 billion in rescue financing as it tries hard to avoid bankruptcy, a source close to the company said late on Friday.
Reuters

Pa.`s Blues to undergo unfair-trade inquiry
The Pennsylvania Insurance Department announced yesterday that it planned to investigate whether any of the state's four Blue Cross & Blue Shield insurance companies have engaged in "anticompetitive or unfair trade practices" that violate the law.
The Philadelphia Inquirer

Microsoft and Yahoo near ad deal: Report
Yahoo is likely to take the lead on selling display advertising for the companies, says AllThingsDigital''s blogger Kara Swisher
Cyber India Online Limited

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