Microsoft Approved for $40 Billion Share Repurchase

Microsoft’s board of directors has approved a share buyback for Microsoft to the tune of $40 billion, with an expiration date of September 30, 2013.The board also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter’s dividend. Said dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.

Comcast Unveils Online Management Plan

Comcast has released details to U.S. regulators about how it will manage traffic on its high speed Internet network."As we previously announced in March, we are changing the way we manage network congestion by the end of this year.  The new technique does not manage congestion based on the protocol or application a consumer uses," Comcast said in a statement. 

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