At Yahoo, Icahn places a bet he hopes to lose
Carl Icahn does not want to win the proxy contest he has started at Yahoo - not if winning means joining the board and running the company.
- Details emerge in Microsoft-Yahoo proposal

Hopes for political change in India's Silicon Valley
With a new electoral map giving urbanites more influence, Bangalore executives hope this week's state election will bring in politicians who can help clear red tape and infrastructure bottlenecks.

Fidelity Ventures develops niche in Net start-ups
The venture capital firm, investing funds raised from affiliates of Fidelity Investments, has bankrolled start-ups that match buyers and sellers of everything from loans to receivables to airp*** parts.

Google offers online personal health records
Google Health is the latest entrant in a growing field.

Ex-AOL executives sued for inflating earnings
The SEC filed fraud charges against eight former AOL executives over an accounting procedure that caused the company to overstate its advertising revenue by more than $1 billion.

Hollywood dreams face cold financial reality
A would-be filmmaker who published a corporate thriller with an Indian twist is left in the lurch by nervous lenders, and his tale is becoming a common one as private money has become harder to obtain in Hollywood.
- Global economic slowdown is least of worries at Cannes

38 arrested in international phishing scam
Prosecutors say phishers based in Romania snagged information about thousands of credit and debit card accounts and other personal data from people who answered spam.

BabyTV and BabyFirstTV target the diaper set
The two networks reach the United States, Europe, Asia, Africa and Latin America. They have also fueled the debate over whether television so early is harmful.

Thomson Reuters to shed 835 jobs
The cuts are the result of overlap after Thomson bought Reuters for $15.9 billion, and are part of an effort to achieve annual cost savings of $1 billion by the end of 2010.

Ikea and EA strike real deal in virtual world
The partnership shows how, in the digital media, the traditional lines between paid-for content and marketing material increasingly are being blurred.
- Schibsted and Metro International strike advertising deal