Swiss Bank Drops Controversial Wikileaks Suit

Amid ongoing controversy, Swiss bank Julius Baer has dropped its lawsuit against whistle-blower Web site Wikileaks.org. In a filing Wednesday in U.S. District Court in San Francisco, Julius Baer dismissed the lawsuit against Wikileaks and the site’s registrar, Dynadot. The bank offered no explanation and officials were not immediately available for further comment.

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Add comment March 6th, 2008

Enterprise Hardware Dell’s Ruggedized Laptop Features Simplicity

Road warriors who are tough on notebooks have reason to rejoice. On Tuesday, Dell unveiled its first fully ruggedized laptop , the Latitude XFR D630. Selling for $3,899, the system promises extreme durability without compromising performance. The target audience is government and commercial users.”The Latitude XFR D630 represents a tectonic shift toward simplicity in the ruggedized laptop space,” said Brett McAnally, director of the Dell Product Group. “We are taking a multidimensional approach that focuses on simplified deployment, service and durability without sacrificing performance. Major competitors focus their efforts on ‘rugged’ only.”

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Add comment March 6th, 2008

Yahoo Extends Deadline To Nominate Board Members

Yahoo has amended its bylaws to extend the deadline for nominating directors to its board from March 14 to 10 days after the public announcement of the date for its annual meeting of stockholders.The amendment gives stockholders who want to nominate one or more directors, including Microsoft , more time. The extension also lets Yahoo pursue alternatives to a Microsoft takeover.

“Yahoo’s board of directors remains committed to pursuing initiatives that maximize value for Yahoo’s stockholders,” the company said. “To the extent that the extension of the nomination deadline has the effect of postponing the nomination of one or more directors by any party, it will allow Yahoo’s board to continue to explore all of its strategic alternatives for maximizing value for stockholders without the distraction of a proxy contest.”

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Add comment March 6th, 2008