Novell

Microsoft's Windows 95 rollout presented the most challenges in the company's history, leading to several last-minute changes to technical features that would no longer support a rival software maker's word processor, Bill Gates testified Monday in a $1 billion antitrust lawsuit filed by the creator of WordPerfect.

Software and computing services company Novell will sell itself to Attachmate for about $2.2 billion. The $6.10 per share price represents a premium of 28% to Novell's closing price on March 2, a day prior to the public disclosure of Elliott Associates' proposal to acquire Novell for $5.75 per share.

Here's news from the business world and other money matters to watch out for Monday (last updated at 8:00 a.m. Eastern time): More Americans Tapping Retirement Savings: Mutual-fund giant Fidelity Investments reports the number of Americans seeking to withdraw money from savings set aside for...

Enterprise software giant Novell has opened the door for a potential sale of itself while turning away a $2 billion bid offered by its largest shareholder, Elliott Associates. But the possibility of a white knight making a better offer remains shaky.

A $2 billion buyout offer from hedge fund operator Elliott Associates has boosted networking pioneer Novell's stock price. But don't expect the first bid to be the last: Novell is likely to reject it, and better offers from tech heavyweights could be forthcoming.

Los Angeles has moved a step closer to replacing the city's crash-prone email system with a Google (GOOG) enterprise platform that would store data from America's second largest city on Google's servers. The switch is expected to save the city millions over the long term, but recent Gmail outages...