IBT Staff Reporter

Gold futures dived sharply on Friday, losing the most in two weeks, as the dollar rebounded against the euro and traders moved in to cash in on their gains. Silver fell from the highest it's been since 28 years.

Actor Heath Ledger's former partner Michelle Williams spoke publicly on Friday for the first time since the star's death saying: My heart is broken and asked for privacy for her and daughter Matilda.

Almost two-thirds of TiVo users time-shifted throughout the Super Bowl live game last year which was broadcasted on CBS, according to media agency Starcom, dismissing notions that live sports are TiVo-proof.

Ericsson (ERICb.ST: Quote, Profile, Research) Chief Executive Carl-Henric Svanberg said on Friday the Swedish firm would eye any assets put up for sale by U.S. rival Motorola Inc (MOT.N: Quote, Profile, Research), but would be very cautious about any deal.

Record gold prices have scared buyers in many parts of the world and left them to watch helplessly the blistering rally that shows no signs of abating.

Below is the text of the letter that Microsoft sent to Yahoo!'s Board of Directors as it made an unsolicited offer for portal and search engine Yahoo, Inc. worth $31 per share, or $44.6 billion:

Microsoft CEO Steve Ballmer believes Yahoo has not improved its competitiveness in the year since it proposed a merger and now believes the only alternative is to combine the companies in a deal worth $45 billion.

India has put 26 people in isolation with bird flu symptoms and hundreds more people are being monitored, officials said on Friday as Pakistan and Thailand reported outbreaks of bird flu in poultry.

The New England Patriots will beat the New York Giants by a score of 38-30 in the Super Bowl, at least according to the popular Madden NFL 08 football videogame.

The marketplace for bad poetry, purple prose and the occasional artistic treasure has never been so vibrant, thanks to Web sites that let budding Hemingways, Plaths and Steichens reach their tiny yet adoring publics.

Portable media players such as iPods are unlikely to interfere with heart pacemakers, a U.S. Food and Drug Administration researcher reported on Thursday.

The outlook for the economy dipped on Friday as employers cut 17,000 jobs non-farm jobs in January, the first drop in 4 and a half years, which overturned analyst estimates that 69,000 new jobs would be added to the economy.

Microsoft Corp. made a move on Friday to bolster its Web operations against Internet search leader Google by making an unsolicited offer for Internet portal and search engine Yahoo, Inc. worth $31 per share, or $44.6 billion.

Yahoo, Inc's non-executive Chairman Terry Semel is stepping down from its Board of Directors, the company said Thursday, ending ties with the Internet firm after running it as CEO from 2001 to 2007.

Google, Inc shares fell 7 percent on Thursday after Internet search leader reported profit and sales that came in below Wall Street expectations due in part to lower paid ad clicks, and struggles to monetize social networking ad inventories.

Motorola, which has struggled to come up with a profitable successor to its well received Razr line of cell phones, said Thursday it was considering the possibility of selling its mobile devices unit in an effort to strengthen the company.

Recent RealNetwork's RealPlayer media software has been labeled badware or spyware by Stopbadware.org, an industry-academia group which raise awareness over software that violates privacy terms and fair information.

Copper gained on Thursday as markets recovered and winter storms in China disturbed production.

Entertainment Tonight ditched plans to air a video that showed the late Heath Ledger partying at an alleged Hollywood drug party, after a lobby from fellow actors.

Starbucks Corp. said Wednesday that it plans to stop providing warm breakfast and sandwiches at its stores to concentrate on healthy breakfast options and high quality baked goods.

Apple announced on Wednesday that it postponed the release of its Apple TV software update by a week or two, saying it required more time to finish the upgrade that would let people rent movies directly from their televisions.

Dell will close about 140 retail kiosks in the U.S., in an effort to adjust its evolving product distribution strategy.

Natural gas futures fell on Thursday amid concerns that demand will decline as the U.S. economy slows.

Cocoa posted the highest gain in more than five years on Thursday amid dry weather in the commodity's biggest producer and a rise in the U.K pound against the dollar.

Crude oil fell on Thursday as traders worried that an economic slowdown could weaken oil and gasoline demand in the U.S.

An appeals court upheld a lower court's ruling that EchoStar Communications Corp and Dish Network Corp. infringed a DVRs software patent held by TiVo and will have to pay nearly $74 million in damages, the court ruled on Thursday.

Treasuries rose on Thursday as investors looked to safer investments as reports released today showed signs of a weakening economy, boosting the chance that the Fed will lower borrowing costs.

Amazon.com said Thursday it will buy Audible, a digital audio books provider, for $11.50 a share as in move to expand the online retailer's audio downloads available to users.

The dollar fell against the yen on Thursday after government reports showed softness in employment and personal spending ahead of a jobs report tomorrow.