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Quattrone's Appeal Will Focus on Judge's Rulings (Update1)
May 4, 2004 08:51 EDT -- Frank Quattrone, the highest-ranking securities executive to face prison since junk-bond pioneer Michael Milken was sentenced, will try to overturn his obstruction-of-justice conviction by attacking evidence rulings by the presiding judge, his lawyer said.

Sasser Worm Spread Slowing After Infecting Computers Worldwide
May 4, 2004 05:49 EDT -- The spread of the Sasser computer worm, which has infected at least a million computers since Friday, is slowing, with the U.K. most likely to be affected by new cases today, a virus researcher said.

Microsoft to Add Wireless Home Networking Software to Windows
May 4, 2004 03:01 EDT -- Microsoft Corp., the world's biggest software maker, will add a program to its Windows operating system that lets customers easily set up a network of computers and other devices that can wirelessly share information.

Microsoft, Yahoo to Compete With Google Search Engine, WSJ Says
May 4, 2004 01:00 EDT -- Yahoo Inc. and Microsoft Corp. are developing search-engine services similar to Google Inc.'s in order to tap billions of dollars in potential advertising revenue, the Wall Street Journal said, citing industry analysts.

Quattrone Appeal Will Focus on Judge's Rulings, Lawyer Says
May 4, 2004 00:00 EDT -- Frank Quattrone, the highest-ranking securities executive to face prison since junk-bond pioneer Michael Milken was sentenced, will try to overturn his obstruction-of-justice conviction by attacking evidence rulings by the presiding judge, his lawyer said.

[homemdoswarrants]

Microsoft MSN unit back in black
May 03, 2004 6:37:00 PM ET



SEATTLE, May 3 (Reuters) - Microsoft Corp. (MSFT) on Monday said its MSN Internet unit turned a $107 million operating profit in its latest quarter, reversing a loss a year ago, while five of its six other units lost money or saw profits decline.

MSN has now posted a profit in two of the last three quarters, its first in eight years in business, with revenue growing to $591 million in the fiscal third quarter ending March 31, the Redmond, Washington, company disclosed in a Securities and Exchange Commission filing.

Microsoft's Information Worker unit, which produces the No. 1 software maker's Office applications like Word and Excel, saw operating income rise 14 percent to $1.93 billion in the quarter.

In Microsoft's Client unit, which makes its flagship Windows operating system, operating income fell 16 percent to $1.61 billion, hurt by $700 million in expenses from settling a lawsuit brought by Sun Microsystems Inc. (SUNW).

Client revenue rose 16 percent to $2.92 billion during the quarter.

The company posted a total profit of $1.32 billion in the quarter, down $820 million from a year earlier.

The Sun settlement also triggered $1.2 billion in expenses in Microsoft's Server and Tools unit, which posted a $635 million loss versus a $305 million profit a year ago.

Microsoft also posted losses, albeit smaller than a year earlier, in units making software for small and medium-sized businesses, cell phone and device software and home and entertainment products, including the Xbox video game machine. REUTERS

© 2004 Reuters