NORWALK, Conn., April 10, 2008  – Xerox Corporation (NYSE: XRX) and representatives of a class of current and former African-American sales representatives have settled a class action lawsuit brought in May 2001. The plaintiffs alleged race discrimination with respect to sales territory assignments, quotas and compensation. U.S. District Judge John Gleeson gave preliminary approval to the proposed settlement.Xerox adamantly denies that it engaged in any policy or practice of unlawful discrimination or retaliation, or any other unlawful conduct. However, Xerox believes it is in the best interest of its shareholders and …

April 5, 2008
Board of Directors
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089
Dear Members of the Board:
It has now been more than two months since we made our proposal to acquire Yahoo! at a 62% premium to its closing price on January 31, 2008, the day prior to our announcement. Our goal in making such a generous offer was to create the basis for a speedy and ultimately friendly transaction. Despite this, the pace of the last two months has been anything but speedy.
While there has been some limited interaction between management of …

Maybank is pleased to announce that it has today entered into a conditional sale and purchase agreement (“SPA”) to acquire up to 100% of Sorak Financial Holdings Pte Ltd (“Sorak”) for a cash consideration of approximately USD1.5 billion (RM4.8 billion) paving the way for Malaysia’s largest financial services group to be the controlling shareholder of Bank Internasional Indonesia (“BII”). The transaction price was agreed on a willing-buyer and willing-seller basis.
Sorak is 75%-owned by Financial Fullerton Financial Holdings Pte. Ltd., a wholly owned subsidiary of Temasek Holdings (Private) Limited, and 25%-owned …

Appointment of Dato’ Sri Abdul Wahid Omar As Successor
Maybank Group wishes to announce the retirement of its President and Chief Executive Officer, Datuk Amirsham A. Aziz, aged 57, effective …

Two U.S. pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft Corp. The lawsuit was filed in Delaware Chancery Court on Thursday by lawyers representing Detroit’s police and fire retirement system and general retirement system, as well as “all…
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DOVER, Del. - Two Detroit pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft …

SCO Group, best known for suing IBM and claiming it deserved royalties from companies using the popular Linux operating system, said Thursday that a private investment firm has agreed to put up the money to take SCO out of bankruptcy court.Stephen Norris Capital Partners and its partners from the Middle East, which SCO did not identify, have agreed to provide up to $100 million to reorganize SCO and take it private. As part of the plan, SNCP would take control of SCO.
Because of the investment, SCO is poised …

It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies. Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties.
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REDMOND, Wash. — Feb. 11, 2008 — Microsoft Corp. (NASDAQ:MSFT) today issued the following statement in response to the announcement by Yahoo! Inc. (NASDAQ:YHOO) that its Board of Directors has rejected Microsoft’s previously announced proposal to acquire Yahoo!:
It is unfortunate that Yahoo! has …

SCOTTS VALLEY, Calif.-February 4, 2008-Seagate Technology (NYSE: STX) today announced that its Board of Directors has approved an increase in its quarterly dividend from $0.10 to $0.12 per share, effective with the dividend expected to be paid to shareholders after the conclusion of the company’s third fiscal quarter of 2008. Additionally, the Board of Directors has authorized the company to repurchase up to an additional $2.5 billion of its outstanding common shares over the next 24 months. This new share repurchase authorization continues our commitment to enhancing shareholder value.
Seagate expects …

Yahoo Chief Executive Jerry Yang has told employees that the struggling internet pioneer is still examining ways to avoid a takeover by rival Microsoft.
“Our board is thoughtfully evaluating a wide range of potential strategic alternatives in what is a complex and evolving landscape,” Yang wrote in an email.
“What’s become clear in the past few days is how much people care about this company. I’ve heard from many of you, and from other friends and colleagues from around Silicon Valley and across the globe, that we need to do what’s best …

Even with the bid by Microsoft to buy Yahoo, the combined company would be unable to knock Google off its web search and web advertising throne, industry watchers say.
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Early history of google
Google began in January 1996 as a research project by Larry Page, a Ph.D. student at Stanford. In search for a dissertation theme, Page decided to explore the mathematical properties of the World Wide Web, understanding its link structure as a huge graph.His supervisor Terry Winograd agreed and Page focused on the problem of finding …