• Gateway rejects an offer to sell its retail outlet from the former owner of eMachines, who also offered to buy the whole company. [MarketWatch]
• Intel declines to comment on the rumors that CEO Paul Otellini will announce 10-20k layoffs (!) on Tuesday. By the way, if they wanted to stay quiet about this, why not bury the news today, on the quietest Friday of the year? [Boston Globe]
• Oracle promises to be careful with its political contributions this year, unlike the year it dumped $25 thousand on ex-governor Gray Davis's reelection bid, later winning a $95-million contract. Now that is a productive investment! [The Register]
• Google CEO Eric Schmidt declines the stock option offer that all new Apple board members get. No one knows why — maybe someone poorly explained the options backdating scandal to him. [MarketWatch]

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