Global business: Microsoft prepares U-turn on Windows 8, Facebook set...


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Financial Times
Global Business
Tuesday May 07 2013

Companies news and analysis - FT.com
 
Microsoft prepares U-turn on Windows 8
'Key aspects' of how the software is used will be changed when Microsoft releases an updated version of the operating system this year
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/MJ29ZC/6C/h?a1=2013&a2=5&a3=7
 
Facebook set to introduce video ads
Move by the social networking site is a bid to tap into the vast budgets that marketers spend on television that tower over online ad spending
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/MJ297D/6C/h?a1=2013&a2=5&a3=7
 
Setback for online retailers in US sales tax battle
Ebay said that it would fight the legislation to protect 'small businesses' with less than $10m in sales and fewer than 50 employees
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/LSVQZ1/6C/h?a1=2013&a2=5&a3=7
 
Rio to proceed with $5bn iron ore expansion
World's second-biggest miner to press ahead with plans to boost Pilbara output barring any big changes to supply-demand balance
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/NRASM3/6C/h?a1=2013&a2=5&a3=7
 
BofA in $1.7bn lifeline settlement with MBIA
The settlement comes as UBS agrees to pay $358m to Assured Guaranty to settle claims that it underwrote faulty residential mortgage-backed securities
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/EKBW8K/6C/h?a1=2013&a2=5&a3=7
 
IMG owners eye auction to top $2bn bid
Opening salvo in a sale expected to draw high-profile bidders for agency representing stars such as singer Taylor Swift and model Heidi Klum
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/CWT5BZ/6C/h?a1=2013&a2=5&a3=7
 
Hess and Elliott Management fight hots up
Five nominees put forward by Hess board take unusual step of issuing an open letter, accusing rivals of having failed to 'do their homework'
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/OFZJ43/6C/h?a1=2013&a2=5&a3=7
 
California jeweller to plead guilty over trading tip-offs
Shaw and prosecutors agreed to prison sentence ranging from 37 to 46 months, but given his co-operation he is likely to face a shorter prison term
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/9MUZLS/6C/h?a1=2013&a2=5&a3=7
 
Protests mount on use of BP Gulf spill funds
The controversy is a foretaste of even fiercer disagreements that are likely over the much larger sums expected to flow into the region
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/VTK1YE/6C/h?a1=2013&a2=5&a3=7
 
Brussels charges Google unit over patent
Brussels serves 'statement of objections' over an injunction against Apple in Germany concerning a wireless patent that is part of an industry standard
http://link.ft.com/r/9ULF66/52IDUN/PRAK1O/L9DBUA/Z8EBS9/6C/h?a1=2013&a2=5&a3=7
 
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