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Reuters - Tuesday, May 5
EU urges Internet governance revamp
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STRASBOURG, France is a not-for-profit organization set up in 1998 but operates under the aegis of the U.S. Department of Commerce, a set-up that raises concerns for some as the Internet is seen as belonging to a wider constituency.
Disney joins Hulu video site
NEW YORK - Walt Disney Co <DIS.N> will buy a 30 percent stake in Hulu.com, bringing popular TV shows such as "Lost" and "Grey's Anatomy" to the video website founded by NBC Universal and News Corp <NWSA.O>. Disney's entrance, which comes after months of negotiations, means that three of the four major U.S. broadcast networks now have stakes in Hulu: NBC, News Corp's Fox and Disney's ABC. Only CBS Corp <CBS.N> is absent.
Cyber chief needs to be in White House: experts
WASHINGTON - The cybersecurity chief named to battle Internet viruses and larger challenges facing the information technology networks used by U.S. companies and national defense should be based in the White House, experts told a congressional panel on Friday. Cybersecurity is important enough to warrant a White House staffer with real authority and a real budget, said Larry Clinton, president of the Internet Security Alliance and one of those who made recommendations to the Obama team.
Oracle to expand Web-based software offerings: source
BOSTON - Oracle Corp <ORCL.O>, the world's No. 2 business software maker, plans to expand its small line of programs that companies access via the Web, said a person familiar with the strategy. The person, who was not authorized to publicly discuss the plan, said that Oracle is developing Internet-based programs to help businesses manage human resources functions including employee recruitment.
Not scared of flu yet? Online exhibit may help
WASHINGTON - Staying inside to avoid the flu? Or perhaps you are not convinced yet that a pandemic would be scary. Either way, the U.S. National Archives has a solution. It has posted an online exhibit about the 1918 pandemic of influenza, the "Spanish flu" that took the lives of anywhere between 40 million and 100 million people, depending on the estimate.
Buffett offers bleak outlook for U.S. newspapers
OMAHA, Nebraska - Warren Buffett is fond of newspapers -- he reads five a day -- but the billionaire investor warned shareholders of his Berkshire Hathaway Inc <BRKa.N> <BRKb.N> that the reeling industry may never recover because it lacks a sustainable business model. At Saturday's annual meeting of Berkshire, which owns the Buffalo News and has a big stake in Washington Post Co <WPO.N>, Buffett said that as readership falls, so does the attraction of newspapers for advertisers, and for investors in the companies that publish them.
U.S. health data czar sees role for government hand
WASHINGTON ... when left exclusively to the private sector so there is a public role," said Dr. David Blumenthal, head of the Department of Health and Human Services' Office of the National Coordinator for Health Information Technology.
Apple building chip design capability: report
SAN FRANCISCO - Apple Inc <AAPL.O> is hiring new employees from the semiconductor industry and is building the capability to design its own chips, the Wall Street Journal reported on Wednesday. The iPhone and iPod maker hopes its efforts will lead to new features for its devices and enable it to share fewer details about it plans with outside chip vendors, the report said, citing people familiar with Apple's plans.
Facebook eyes additional funding: report
- Social-networking website Facebook has held meetings with private equity firms to explore raising another round of funding, the New York Post reported on Thursday, citing sources. Facebook could not be immediately reached for comment.
Palm Pre costs $170 to make: iSuppli
SAN FRANCISCO - Palm Inc's <PALM.O> highly anticipated Pre smartphone costs around $170 to make, according to analysis by research group iSuppli released on Wednesday. Although the Pre has not yet shipped and Palm has yet to announce a release date, iSuppli said it generated the estimate of the device's hardware and manufacturing costs based on second-quarter component and assembly pricing.
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Other News on Monday, 4 May 2009 Nepal government wobbles over army chief's sacking
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Iraq rules out extension of U.S. withdrawal dates
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France captures 11 suspected Somali pirates
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Pentagon chief to reassure Saudis on Iran outreach
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Iraq rules out extension of U.S. withdrawal dates
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Former Israeli premier faces prostate cancer
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Fiat boss unveils plans for European car giant: FT
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China quake survivors face intimidation, detention: Amnesty
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NY Times Co. threatens Boston Globe shutdown
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Attacks kill 20 in southern Afghanistan
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European economy to shrink four percent
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Spanish judge to probe deadly Israeli raid on Gaza
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