SAN FRANCISCO/NEW YORK (Reuters) – Microsoft Corp (MSFT.O) offered to buy Yahoo Inc (YHOO.O) for $44.6 billion, in a bold bid to transform two ailing Internet businesses into a worthy competitor for market leader Google Inc (GOOG.O).
In what would be the biggest Internet deal since the ill-fated Time Warner-AOL merger, Microsoft Chief Executive Steve Ballmer [...]

OCALA, Fla. – Action star Wesley Snipes was found not guilty of federal tax-fraud and conspiracy charges Friday, but was convicted on three misdemeanor counts of failing to file a tax return.
Snipes and two co-defendants, a delicensed accountant and a tax protest leader, were indicted in 2006.
Snipes was also indicted on six counts of wilful [...]