Lawyer: Probation recommended in MySpace hoax case LOS ANGELES — A defense lawyer says officials have recommended probation and a $5,000 fine for a Missouri woman involved in a MySpace hoax on a 13-year-old girl who committed suicide. Attorney Dean Steward said Monday that the punishment for Lori Drew was outlined in a presentencing report filed by probation officials. The length of the recommended probation wasn't specified.

Emulex board rejects Broadcom takeover bid COSTA MESA, Calif. — Computer network gear maker Emulex Corp. said Monday it has rejected an unsolicited $764 million takeover bid from rival chipmaker Broadcom Corp. The board of Costa Mesa-based Emulex unanimously determined Monday that the April 21 Broadcom proposal to acquire Emulex for $9.25 a share significantly undervalues the company and is not in the best interest of stockholders.

America's Cup champ seek challenger's boat details America's Cup champion Alinghi of Switzerland is asking a New York court to disqualify American syndicate BMW Oracle Racing as Challenger of Record if it doesn't provide details about its 90-foot trimaran within 30 days. San Francisco's Golden Gate Yacht Club, which backs BMW Oracle Racing, has been ordered to tell the Supreme Court of the State of New York at a hearing on May 14 why it hasn't provided Alinghi with a Custom House registry.

Sears looks to Web for future growthHOFFMAN ESTATES, Ill. — The chairman of Sears Holdings Corp. said Monday that the retailer is working to change how customers interact with it in stores and online.

NEW DELHI - Over 2.5 crore owners of cheap handsets, that stood to be banned in India as these did not have the regulatory unique 15-digit identity code, can breathe a sigh of relief -- help is on the way. The Cellular Operators Association of India (COAI), the organisation representing GSM service operators, Monday said it has developed a software that can embed the code - known as International Mobile Equipment Identity (IMEI) - in these handsets.