Microsoft to hire at least 400 Yahoo workers

SAN FRANCISCO — Microsoft Corp. will hire at least 400 workers from Yahoo Inc. if government regulators approve the companies' proposed Internet search partnership, and Yahoo will receive $150 million to cover any unexpected costs during the switch to new technology.

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PayPal outage frustrates merchants, consumers

SAN JOSE, Calif. — PayPal suffered periodic breakdowns that crimped Internet sales for more than four hours Monday.

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Prosecutors won't seek death in office killings

SAN JOSE, Calif. — Prosecutors won't seek the death penalty in the case of a Silicon Valley engineer charged with fatally shooting three people at a Santa Clara high-tech firm.

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McAfee 2Q profit slides 40 pct, tops analyst views

SANTA CLARA, Calif. — McAfee Inc.'s second-quarter financial performance exceeded analyst expectations amid rising demand for the software maker's computer security products.

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Microsoft, Yahoo agree on long-sought search deal

SAN FRANCISCO — Microsoft Corp. has finally roped Yahoo Inc. into an Internet search partnership, capping a convoluted pursuit that dragged on for years and finally setting the stage for them to make a joint assault against the dominance of Google Inc.

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Check Point 2Q profit down slightly; tops forecast

REDWOOD CITY, Calif. — Check Point Software Technologies Ltd., which makes Internet security products, said Tuesday its second-quarter profit slipped nearly 5 percent on one-time charges.

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SoCal man held in estranged wife's machete death

FONTANA, Calif. — A man is under arrest for allegedly hacking his estranged wife to death with a machete outside the Fontana beauty shop where she worked.

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Knife in hand, Schwarzenegger tweets about budget

SACRAMENTO, Calif. — Ever the entertainer, Gov. Arnold Schwarzenegger has posted a Twitter video in which he picks up an oversized knife and jokes about selling state vehicles to raise cash.

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Apple fiscal 3Q profit jumps 15 percent

SEATTLE — Apple Inc., the closest thing the tech industry has to a luxury brand, said Tuesday its profit jumped 15 percent in the most recent quarter despite the recession. Sales of Mac computers grew while the rest of the personal-computer industry shrank.

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Yahoo 2Q profit rises 8 pct despite weak ad sales

SAN FRANCISCO — Yahoo Inc. eked out a slightly higher profit in the second quarter as its new, no-nonsense chief executive cut enough expenses to shake off the Internet company's sharpest drop in ad revenue since the dot-com bust.

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