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Tech Industry News Archives for August 18, 2006

Level 3 signs agreement with MySpace.com
Aug 18 2006 8:28PM (CT)
BROOMFIELD, Colo. (AP) - Fiber network operator Level 3 Communications Inc. has signed a multi-year agreement to transmit Internet content, including video, for the popular social networking site MySpace.com, Level 3 announced Friday.
 
Court blocks order to turn off Dish DVRs
Aug 18 2006 8:22PM (CT)
DALLAS (AP) - EchoStar Communications Corp. rushed to a federal appeals court Friday in a successful bid to avoid shutting down more than 3 million digital video recorders used by customers of its Dish satellite-TV service.
 
Dell stock drop caps week of bad news
Aug 18 2006 6:10PM (CT)
DALLAS (AP) - Dell Inc. shares tumbled 2.8 percent Friday, capping off a week of bad news that included a record-setting recall of notebook batteries, the disclosure of a federal accounting probe and a 51 percent decline in second-quarter profit.
 
Math institute plans castle in Calif.
Aug 18 2006 2:16PM (CT)
MORGAN HILL, Calif. (AP) - Think of it as the ultimate ivory tower for academics: a castle inspired by Spain's Alhambra, lavished with sun-dappled courtyards, artisan-crafted frescoes, grottos, fountains and a patio with 12 marble lions that spit water every hour on the hour.
 
India software icon to step down
Aug 18 2006 1:11PM (CT)
BANGALORE, India (AP) - Throughout his career, Infosys Technologies co-founder N.R. Narayana Murthy has defied the customs of his native land.
 
India software icon to step down
Aug 18 2006 1:11PM (CT)
BANGALORE, India (AP) - Throughout his career, Infosys Technologies co-founder N.R. Narayana Murthy has defied the customs of his native land.
 
Microsoft changes tactic in $40B buyback
Aug 18 2006 12:32PM (CT)
REDMOND, Wash. (AP) - Microsoft Corp. is switching tactics in its $40 billion stock buyback program after only about $3.8 billion worth of shares were tendered in a "Dutch auction" offer that expired Thursday, well below the $20 billion it had been prepared to spend in the auction.
 
Dell shares plunge after earnings report
Aug 18 2006 11:04AM (CT)
DALLAS (AP) - Shares of Dell Inc. plunged more than 7.1 percent Friday after a week of bad news that included a 51 percent decline in second-quarter profit, the disclosure of a federal accounting probe and an unprecedented recall of notebook PC batteries.
 
Apple: No forced labor at iPod plant
Aug 18 2006 9:27AM (CT)
SHANGHAI, China (AP) - Apple Computer Inc.'s investigation into claims of poor conditions at a Chinese iPod factory found no forced labor but revealed that workers were exceeding the company's limits on hours and days to be worked per week, the company said Friday.
 
Dell: Sony to keep supplying batteries
Aug 18 2006 5:47AM (CT)
HONG KONG (AP) - Dell Inc. Chairman Michael Dell said Sony Corp. will continue to supply batteries to the computer maker, despite a massive recent recall.
 
Dell: Sony to keep supplying batteries
Aug 18 2006 5:47AM (CT)
HONG KONG (AP) - Dell Inc. Chairman Michael Dell said Sony Corp. will continue to supply batteries to the computer maker, despite a massive recent recall.
 
   

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