HP taking aim on IBM with risky $13.2B acquisition of EDS (AP)
<p><a href="http://us.rd.yahoo.com/dailynews/rss/tech/*http://news.yahoo.com/s/ap/20080513/ap_on_hi_te/hp_eds"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080512/capt.a46bc4db34ac4b6d82d5e62c5ba12adc.hp_eds_caps107.jpg?x=91&y=130&q=85&sig=b9fUozBk2eQ4pv_EUKVPcg--" align="left" height="130" width="91" alt="An exterior view of Hewlett-Packard Co. in Palo Alto, Calif., is seen on March 8, 2008. Hewlett-Packard Co. is negotiating to buy information technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker win more consulting contracts with large companies and government agencies. Palo Alto-based HP and Plano, Texas-based EDS confirmed the talks Monday, May 12, 2008, shortly after The Wall Street Journal reported a deal could be reached as early as Tuesday. Citing unnamed people familiar with the matter, the Journal said HP will pay $12 billion to $13 billion. (AP Photo/Paul Sakuma)" border="0" /></a>AP - Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.</p><br clear="all"/>

Sale to HP will end EDS independence (AP)
AP - Eight months into his tenure as CEO of Electronic Data Systems Corp., Ronald Rittenmeyer is overseeing the sale of the company, something he says he never planned.

Reports: Carl Icahn considering attempt to oust Yahoo board (AP)
<p><a href="http://us.rd.yahoo.com/dailynews/rss/tech/*http://news.yahoo.com/s/ap/20080513/ap_on_hi_te/yahoo_icahn"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080509/capt.06bf250da1f34c0eb2d047a8bfc206ad.circuit_city_icahn_nybz199.jpg?x=130&y=91&q=85&sig=BROg7AOzeVPYM2Sd6HDUOA--" align="left" height="91" width="130" alt="In this Oct. 11, 2007 file photo, private equity investor Carl Icahn speaks at the World Business Forum in New York. Circuit City on Friday, May 9, 2008 revealed that it has received a letter from Blockbuster indicating that Icahn, the company's largest shareholder, is prepared to buy Circuit City on his own if Blockbuster can't get financing or can't get shareholder approval. (AP Photo/Mark Lennihan, file)" border="0" /></a>AP - Billionaire investor Carl Icahn reportedly is snapping up Yahoo stock in preparation for a possible attempt to replace the Internet company's board after the directors turned down Microsoft's $47.5 billion takeover offer.</p><br clear="all"/>

Craigslist countersues eBay, saying it's competing illegally (AP)
AP - Craigslist countersued its minority owner, eBay Inc., on Tuesday, alleging the online auctioneer is competing illegally with the classified advertising Web site.

EarthLink to pull the plug on Wi-Fi in Philadelphia (AP)
AP - EarthLink Inc. is pulling the plug on its troubled wireless high-speed Internet network in Philadelphia, once touted as a national model.

MySpace tells AP it has won $234M spam judgment (AP)
AP - The popular online hangout MySpace has won a $234 million judgment in Los Angeles over junk messages sent to its members.

Office for Mac Sales Soar, VBA Support To Return (NewsFactor)
NewsFactor - Apple is selling more Macintosh computers than ever before -- and that's having unexpected benefits for Microsoft. Sales of Microsoft Office 2008 for Mac are triple the volume for the previous 2004 version of the productivity software and are the highest in the product's history, Microsoft announced Tuesday.

Sprint Nextel CEO asks shareholders' patience in turnaround (AP)
AP - Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers.

Fedora 9 Released (PC World)
PC World - The latest version of the community-supported branch of Red Hat Linux offers new features and an improved UI.

Nintendo Launches WiiWare for Game Downloads (NewsFactor)
NewsFactor - Building on the success of its Wii game console, Nintendo has launched WiiWare, a software service for games. Wii owners who have their machines hooked up to an Internet connection will be able to download games from both large developers and small shops. As a game service, WiiWare competes with services on other consoles, such as Microsoft's Xbox Live Arcade and Sony's PlayStation Store.

HP to buy EDS for 13.9 bln dlrs, to expand services (AFP)
<p><a href="http://us.rd.yahoo.com/dailynews/rss/tech/*http://news.yahoo.com/s/afp/20080513/bs_afp/uscomputercompanytakeoverhpeds"><img src="http://d.yimg.com/us.yimg.com/p/afp/20080513/capt.cps.nea47.130508223014.photo00.photo.default-512x322.jpg?x=130&y=81&q=85&sig=RbB4_QNEgOam3UjtJhw3XA--" align="left" height="81" width="130" alt="Hewlett-Packard Co. (HP) announced plans to buy Electronic Data Systems Corporation in a tie-up that creates "a global force" in computer services.(AFP/HP/File/Ho)" border="0" /></a>AFP - Hewlett-Packard Co. on Tuesday revealed a 13.9-billion-dollar deal to buy Electronic Data Systems in a tie-up that creates a global powerhouse in computer services to compete against IBM.</p><br clear="all"/>

Electronic Arts top expectations, eyes share gains (Reuters)
<p><a href="http://us.rd.yahoo.com/dailynews/rss/tech/*http://news.yahoo.com/s/nm/20080513/bs_nm/electronicarts_results_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080513/2008_05_13t161613_450x285_us_electronicarts_results.jpg?x=130&y=82&q=85&sig=4tZlYSS_JN4nuuhZ8YQfbg--" align="left" height="82" width="130" alt="The EA Sports studio which is used in the production of many video games released by the company is seen here in Burnaby, British Columbia May 7, 2008. (Andy Clark/Reuters)" border="0" /></a>Reuters - Top video game publisher Electronic Arts Inc on Tuesday posted a quarterly profit that beat Wall Street expectations and said it expects to gain market share on the strength of upcoming titles like "Spore" and "The Sims 3."</p><br clear="all"/>