Here's the latest action:
1. Yahoo sued for saying no to Microsoft 2. iPhone SDK may be running late 3. IBM launches climate change video game 4. Researchers find way to steal encrypted data 5. Identity theft company LifeLock gets sued 6. AB Biofuels building cellulosic ethanol demo plant 7. New lamp powered by weightlifting 8. Familybuilder raises $1.5M 9. Chinese ad company raises $10M
Yahoo sued for saying no to Microsoft -- Two Detroit pension funds are suing Yahoo and its board of directors for their efforts to stop Microsoft's $44.6 billion takeover bid, according to the Associated Press. The suit was filed by attorneys representing a retirement fund for Detroit's police officers and firefighters, as well as the city's general retirement fund. The groups are claiming that Yahoo "cannot 'just say no' indefinitely to legitimate acquisition offers."
iPhone SDK may be running late -- BusinessWeek says the iPhone Software Developers kit, scheduled for release in a week, will be pushed back by one to three weeks. The magazine's unnamed source doesn't offer a reason for the delay.
IBM launches climate change video game -- It's called PowerUp, is available for free and will educate teens about climate change and alternative energy sources, according to Information Week. It's sure to be a hit -- kids love science, right?
Researchers find way to steal encrypted data -- Apparently, your encrypted data isn't secure, if you blast the computer with cold air. Looks like your office's cans of dust remover are more useful than you think.
Identity theft company LifeLock gets sued -- DowJones reports that LifeLock is being sued by Experian Information Solutions, a consumer credit bureau. Both companies offer to help consumers manage their credit score, but Experian claims LifeLock is committing fraud by charging for services that are available to everyone for free. LifeLock's co-founder Robert Maynard has been accused of fraud himself. (This is our latest coverage of the LifeLock saga.)
AB Biofuels building cellulosic ethanol demo plant -- The plant will use fuel sources such as switch grass and grass seed straw, and will be based in Butte, Montana.
New lamp powered by weightlifting -- In order to turn on the Gravia, you lift a 50 pound brass weight. Then, as the weight slowly falls, it creates a four hours of illumination. This is a cool idea, especially if it doubles as an exercise machine. Update: Sadly, this idea seems to have suffered from a mathematical error. Trust Slashdot readers to catch such things.
Familybuilder raises $1.5M -- The latest family tree company has raised $1.5 million in a first round of funding from DN Capital, according to VentureWire. Familybuilder says it has more than 2 million installations on Facebook.
Chinese ad company raises $10M -- eMar, a four-year old Chinese online advertising company, has raised $10 million in a second round funding, according to PaidContent. Backers include CDH Investments and Walden China. Last year, eMar launched a series of websites to help its clients to market services ranging from online shopping to various education programs.