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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| June 03, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TECHNOLOGY

Apple proposes iPod settlement

Apple Computer will give iPod owners a $50 credit if they had battery problems with portable music players bought before May '04, under a proposed settlement. Apple's the target of a class-action suit alleging the iPod's rechargeable battery failed to live up to promotional claims and often failed after only 18 months. The refund would be a voucher applicable to any Apple purchase, excluding iTunes music. Shares fell 0.5% to 40.04.

Cisco, Yahoo in anti-spam pact

The network equipment maker and the Internet search giant are unveiling DomainKeys Identified Mail. The technology combines Cisco's cryptography-based Internet Identified Mail with Yahoo's DomainKeys, and determines if an e-mail sender is spoofing, or falsifying, his address. Cisco rose 1% to 19.88. Yahoo edged up 8 cents to 38.50.

Intel upbeat on mobile Q2 sales

VP Sean Maloney says laptop chip demand's "at the high end of expectations. Also, Intel's Manitoba chip, released over 2 years ago, finally secured a major customer and will be used in a music cell phone offered by mmO2. ...

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