Dell Computers (DELL) announced that it will start using AMD's processors, breaking its long-standing, single-source relationship with Intel (INTC) and giving AMD yet another victory over Intel.

Sun Microsystems (SUNW) is hosting Grid CoolApps Developer Challenge - a contest to develop applications for Sun Grid Compute Utility and the 'coolest' applications win! There are two ways to compete - the best application that runs on Sun Grid Compute Utility, and the best application built with the Compute Server Plugin for NetBeans.

Mittal Steel (MT.N) raised its offer by a third and dropped a key demand for family control over the combined global steel giant.