So do you need to install the .net 3.5 framework to run .net 3.5 assemblies, or will these assemblies work with .net 2.0?

Quoted: Yesterday I had a discussion on an internal Microsoft Developers meeting about the status of .NET 3.5. We had presented that .NET 3.0 is an extension of .NET 2.0, and not a new version. My statement that the status of .NET 3.5 is the same, it is basically .NET 2.0 with extra features, was received sceptically.
Just to prove I'm right, here my observations.

Quoted: Yahoo’s Jerry Yang has sent out an email to Yahoo shareholders disclosing that the company is willing to sell itself to Microsoft for $33 per share or more.

Microsoft is down 6% in after hours. I'm a little surprised since the results look reasonably good.

Quoted: Microsoft's revenue rose 18 percent for both its fiscal 2008 fourth quarter and year, but the company's Online Services Business (OSB), under scrutiny due to heated negotiations to purchase Yahoo's search business, continues to falter.

Quoted: Microsoft’s video game and entertainment business was profitable for the first time in its history for the fiscal year ended June 30, the company said today. The Entertainment & Devices Division reported an operating profit of $426 million for the fiscal year, compared to a loss of $1.9 billion a year earlier. The year ago results included a $1.1

Nice early look at Dell's Linux-based $299 mini-notebook. Great selection of images that appear to be cribbed PPT slides. These indicate that the use of Linux is core to this product's raison d'etre.

Live Search Blog.

Quoted: We're excited to announce that we've reached an agreement to acquire Powerset , a San Francisco-based search and natural language company. Powerset will join our core Search Relevance team, remaining intact in San Francisco. Powerset brings with it natural

Sweet!

Quoted: Yes, the rumors were true. Microsoft and Netflix are teaming up to bring its “Watch Instantly” feature to the Xbox 360 gaming device this fall.

Quoted: Yahoo said Saturday night that it had rejected a renewed proposal by Microsoft, together with the activist investor Carl C. Icahn, to buy the Internet ...