On Monday, Intel submitted a formal, written response to the Statement of Objections that the European Commission sent to the company this past July. The contents of Intel’s response have yet to leak out, but the company has confirmed that it has also requested a hearing before the EC in order to orally refute the charges of anticompetitive behavior leveled against it by the EU.
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Microsoft has offered to buy the Norwegian search software firm Fast Search & Transfer in a deal that values it at about $1.2bn (£607m).

The price is 42% above Fast’s closing share price on 4 January and the shares have risen close to the offer level.

Fast’s board of directors have recommended that shareholders accept the offer and says that holders of 37% of its stock have already done so.

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