HP files suit against former CEO over Oracle job (AFP)
AFP – US computer titan Hewlett-Packard filed suit against former chief executive Mark Hurd on Tuesday after he was named a co-president at US business software giant Oracle.
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Eye-Fi Adds Software Development Program (PC Magazine)
PC Magazine – The makers of the Eye-Fi Wi-Fi card for digital cameras and other portable devices announced a new developer program on Tuesday that will allow application developers to add support for the cards.
Digital River buys Journey Education Marketing (AP)
AP – Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.
Former HP boss joins Oracle (AFP)
AFP – Former Hewlett-Packard chief executive Mark Hurd, who resigned last month following a sex scandal, has joined US software giant Oracle as its new co-president, The New York Times said.
Former HP boss may move to Oracle (AFP)
AFP – Former Hewlett-Packard chief executive Mark Hurd, who resigned last month following a sex scandal, is in talks to join US software giant Oracle, the Wall Street Journal said on its website.
Microsoft seeks China internet search partner: report (Reuters)
Reuters – Software giant Microsoft Corp is looking for a partner in China to help the company play a major role in China’s internet search market, Wall Street Journal said.
Summary Box: Underwater mortgages in US fell in 2Q (AP)
AP – SLIGHT DECLINE: Real estate data provider CoreLogic says the number of U.S. homes with mortgages that exceed what the properties are worth fell slightly between the second quarter and the first three months of this year. It’s the second consecutive quarterly decline.
Number of underwater mortgages in US fell in 2Q (AP)
AP – Foreclosures are helping to thin the ranks of U.S. homes with mortgages that exceed what the properties are worth, new data shows.
Intel to buy McAfee as it eyes wireless market (AFP)
AFP – Intel is buying Internet security firm McAfee for 7.68 billion dollars, as the computer chip giant seeks to expand its reach to mobile and wireless devices.
Intel looks to expand beyond PCs with McAfee buy (Reuters)
Reuters – Intel Corp will pay $7.7 billion for security software maker McAfee Inc , making its largest-ever acquisition to bolster the appeal of its chips as it tries to expand from PCs into the burgeoning market for Web-connected gadgets.