Early this week, stock market investors were emboldened by news of several potential corporate deals in the works. However, one of those potential deals is still very uncertain - Yahoo (YHOO) again rejected Microsoft's (MSFT) $44.6 billion bid to purchase the company. Microsoft has give Yahoo a three week deadline to agree to a takeover or face a proxy fight and has entered into talks with News Corp. (NWS) about a making a joint offer to purchase the company
"Scientists in Switzerland have developed a lightning-fast replacement to the internet that would allow feature films and music catalogues to be downloaded within seconds." The so-called "grid" system is 10,000 times faster than current broadband connections and is "[t]he latest spin-off from Cern, the particle physics centre that created the internet. "[T]he grid could also provide the power needed to send sophisticated images; allow instant online gaming with hundreds of thousands of players; and offer high-definition video telephony for the price of a local call."
Virginia is the first state to require public schools to offer Internet safety courses for students of all grade levels.
E-Commerce Law Briefs is a weekly feature appearing each Friday afternoon on E-Commerce Law. Each week, E-Commerce Law Briefs will provide a brief summary and commentary on recent legal news affecting e-commerce businesses.