Microsoft to appeal against EU ruling
Brussels: Microsoft plans to appeal to a European court to suspend parts of the European Commission's landmark decision that ordered it to stop business practices that violate antitrust law. Microsoft will also ask the Court of First Instance to suspend the decision that Microsoft should Media Player software from its Windows operating system and share information so that rival computer manufacturers of servers can more easily compete.

The Commission issued a sweeping 302-page ruling against Microsoft on March 24, finding the company abused its dominance, and ordered that it change its business practices and pay a ?497 million ($606.4 million) fine. The commission gave Microsoft 90 days to separate its Windows Media Player, which plays music and videos over the Internet, from its Windows operating system.
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Green to raise bid amount for M&S by £1 bn
London: Philip Green, the retailing tycoon, raising his bid for Marks & Spencer by at least £1 billion ($1.84 billion). M&S is believed to have rejected Green's multi-billion-pound takeover proposal. A renewed attempt by Green to get his hands on Marks & Spencer, the UK 's top clothing retailer and biggest high street name, could result in a bid worth up to £10 billion, or 425 pence per share. The investors said the earlier deal was worth as little as 330p, and significantly undervalued the group. Marks & Spencer's new chief executive Stuart Rose, a turnaround expert credited with turning around the British retailer, is expecting a higher bid from Green, according to reports in the UK media.
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