Tech News

Reuters - The Internet has the potential to save the book trade instead of dealing it the near-fatal blow it dealt the music industry, the more optimistic participants at this year's Frankfurt Book Fair believe.No tag for this post.

Irvine-based Epicor Software, a developer of enterprise business software, said Monday afternoon that it has turned down an offer from Elliott Associates, L.P., to acquire the firm. According to Epicor, after thoroughly reviewing the proposal, it determined not to pursue the unsolicited proposal. Elliott Associates had approached Epicor with a buyout offer worth $9.50 per share on October 1st. Elliott is a major shareholder in Epicor, which closed at $6.61 per share on Monday. The offer was worth approximately $556M. No tag for this post.

AP - When David Teater's 12-year-old son, Joe, was killed in 2004 by a driver who was talking on a cell phone, he tried to cut back on his own habit of driving and talking. It turned out to be very difficult.No tag for this post.