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    VC fund for iPhone app developers doubles to $200 million (Reuters)

    Reuters – Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers is doubling the size of its fund for iPhone application developers, as it eyes new opportunities with the forthcoming launch of Apple’s iPad.

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    Meru Networks shares soar in IPO debut (AP)

    AP – Shares of wireless network provider Meru Networks are soaring after the initial public offering priced at the top of its expected range, raising .8 million.
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    YouTube video playback pages get a new look (AP)

    AP – One of the most popular sites on the Web — YouTube — is getting a new look.
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    Sorry Xbox 360, No Star Wars: The Old Republic For You (PC World)

    PC World – A rumor circulated by game site VG247 that BioWare’s upcoming PC-based Star Wars online role-playing game is on the way for the Xbox 360 has been halfheartedly quashed. Calling its not-an-April-Fool’s-story a “super rumor,” VG247
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    Publishers bet future on iPad they haven’t yet seen (Reuters)

    Reuters – Publishers are placing big bets that Apple Inc’s iPad will kick-start a commercially viable transition to digital magazines and newspapers — even though few executives have laid hands on the tablet ahead of launch.
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    Microsoft, Ford Team on Electric Car Software (PC World)

    PC World – Microsoft will expand its Hohm consumer energy management software to work with Ford Motor Company electric cars, the two companies announced Wednesday.
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    Before Fire, Ukrainian Hosting Company Was Improving (PC World)

    PC World – A Ukrainian hosting provider struck by fire last weekend had been taking steps in recent months to cleanse its network of servers used by cybercriminals, according to a security expert.
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    NJ court: Employee-attorney e-mails are private (AP)

    AP – In a decision that could set new ground rules for Internet privacy in the workplace, New Jersey’s Supreme Court has ruled an employer was wrong in retrieving e-mails between a former employee and her attorney, even though they were sent from a company computer.
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    Jury Rules Novell Owns Open-Source Copyrights for Unix (NewsFactor)

    NewsFactor – The legal battle by Novell and The SCO Group over Unix may have reached its conclusion. On Tuesday, a federal jury said the rights to the widely used open-source operating system do not belong to SCO.
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    Has AT&T’s network improvement plan helped enough? (Macworld.com)

    Macworld.com – The Wall Street Journal reports that senior executives at AT&T established a 100-day plan last December, with a singular goal: to improve its cellular network’s capabilities, particularly in major cities.
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    Square Feet: Job Hopes Pinned on a Hulking Brooklyn Warehouse

    New York is trying to sell the former Federal Building No. 2 in Brooklyn, a 1.1-million-square-foot structure.

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    Square Feet: A Visionary Makes an Artsy Bet in Miami

    A developer who invested in neighborhood comebacks in New York and Philadelphia is trying to do the same in an industrial area of Miami.

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    Swiss Closer to Releasing Names in UBS Tax Case

    The Swiss cabinet said Wednesday that it no longer supported rulings by two Swiss courts that a planned handover of more than 4,000 names of UBS clients suspected of tax evasion was illegal and could not take place.
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    Germany Readies Bank Tax for Future Bailouts

    The German cabinet agreed in principle on Wednesday to impose a tax on banks to help finance any future bailouts, but it left details of the plan to be worked out in legislation that would be forthcoming in a few months.
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    Hartford Repays $3.4 Billion in Bailout Money

    The Hartford Financial Services Group said Wednesday that it had paid back the .4 billion that the insurance company received in the government’s banking bailout.
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    E.C.B. Chief Sees Greece Gaining Market Confidence

    The European Central Bank on Wednesday joined Greece in putting a brave face on the country’s financial prospects, even as Moody’s downgraded its ratings on five Greek banks.
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    Credit Suisse Chief to Get $67.6 Million in Stock

    Brady W. Dougan, the chief executive of Credit Suisse, will receive company shares valued at 71 million Swiss francs, or about .6 million, under an incentive program at the Zurich-based bank.
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    Senator Seeks to Limit Banks’ Role in Derivatives

    Senator Sherrod Brown, Democrat of Ohio, is seeking to restrict the Wall Street banks’ ownership of clearinghouses for over-the-counter derivatives.
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    MGM Wins More Time to Pay Back Debt

    Metro-Goldwyn-Mayer said on Wednesday that it has secured another extension of a debt forbearance agreement with its lenders, as it considers ways to pay off its hefty financial burden.
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    Icahn Trims His Stake in Troubled Blockbuster

    The billionaire investor Carl C. Icahn has reduced his stake in Blockbuster, selling more than 13 million shares of the troubled video rental chain, which possibly faces bankruptcy.
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    EMI Licensing Talks With Rivals Collapse

    EMI abandoned talks with Sony and Universal over licensing rights in North America as the music firm is faced with a looming debt default, a person familiar with the matter told DealBook.
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    Why Palm Is Headed for a Buyout, by RIM

    Can Palm turn itself around by raising more cash and tweaking its strategy? VentureBeat says no. The only promise for Palm’s future is a buyout. And the only buyer that makes sense is BlackBerry maker Research In Motion.
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    Madison Dearborn Signs Deal for BWAY

    Madison Dearborn is coughing up almost 5 million in cash to buy out BWAY Holding, a maker of plastic and steel containers, The Associated Press reported.
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    Close Bloomberg Aide Takes Citi Job

    One of Mayor Michael R. Bloomberg’s closest advisers, Deputy Mayor Edward Skyler, is bidding farewell to City Hall to take take a job at Citigroup, The New York Times reported.
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    Australia Approves, in Principle, 2nd Stock Exchange

    Australia is ending its stock exchange’s monopoly and has given approval in principle to a unit of Nomura, the Japanese brokerage, to open a second exchange in a move to spur development of the industry, the financial services minister said Wednesday.
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    Economist Urges Breakup of Big U.S. Banks

    America’s big banks must be broken up and their risk-taking curtailed or the world’s richest economy will face another massive financial crisis, the chief economist at the International Monetary Fund, Simon Johnson, says in a new book.
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    Europe Approves Irish Bank Aid, But Opens Inquiry

    The European Commission said Wednesday that, while it was approving the latest aid package for Anglo Irish Bank and Irish Nationwide Building Society, it would open an investigation into the total aid the lenders had received as well as the restructuring measures taken to address their weaknesses.
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    Property Values: What You Get for … $675,000

    A duplex co-op in Chicago, a three-bedroom house in Coupeville, Wash., and a cottage in Titusville, N.J.

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