Verizon raises bid for MCI and retains favor of board   02 May 2005 00:00 GMT
A new month, a new bid for acquisition target MCI. This time around Verizon has won the approval of MCI's board of directors with a revised cash-and-stock offer of at least $26 per MCI share, the companies said Monday.
Source: InfoWorld

News briefs: Gates wants end to overseas hiring limits   02 May 2005 00:00 GMT
Also: Verizon to shut off free NYC hot spots; IBM, Cisco to link voice products; NY Attorney General goes after spyware; China's biggest bank plans to deploy Linux
Source: InfoWorld