NEW YORK, May 18 (Reuters) - Clear Channel Communications Inc. (CCU.N: Quote, Profile, Research said on Friday its board approved an increased buyout proposal of $39.20 a share, or $19.6 billion, which includes an option that allows current shareholders to take about a 30 percent stake in the restructured company. 

PARIS (Reuters) - Customers are not yet ready to pay extra for green products in spite of growing concern for the environment, technology, media and telecoms executives told an industry summit this week.

ROME (Reuters) - Italy's leading Roman Catholic newspaper lashed out at bloggers on Saturday for spreading "slander" by posting a BBC documentary that alleged a Church cover-up of child sexual abuse.

EL ZACATON, Mexico (Reuters) - NASA is testing an underwater robot in one of Earth's deepest sinkholes in a first step toward searching for life on Jupiter's icy moon, Europa.

Censorship of internet content is growing across the world. A survey by the Open Net Initiative (ONI) across 41 countries found that 25 applied content filtering to block access to particular websites.

Public scepticism over the reliability of broadband and the internet could sink IPTV - unless European service providers can develop hybrid or blended services that deliver more than "just TV", and unless they wean themselves off competing solely on price and speed.

Computer dealers in Gujarat, India held a one-day strike to protest ongoing anti-piracy raids from Microsoft.

Microsoft today opened a new front in its war with Google for online advertising dollars, with a $6bn cash offer for the Seattle-based online advertising group aQuantive.

The government's chief information officer has called for the IT profession to present a united front to combat a growing IT skills shortage.

SAN FRANCISCO (Reuters) - Hewlett-Packard Co. (HPQ.N: Quote, Profile, Research reported underlying quarterly profit growth of 27 percent on Wednesday, lifted by broad cost cutting and strength in its personal computer and printer businesses.

MOUNTAIN VIEW, California (Reuters) - Google Inc. said on Wednesday it was combining its different Web search services into one Universal Search service that would present Web sites, news, video and other results on one page.

NEW YORK (Reuters) - Microsoft Corp. (MSFT.O: Quote, Profile, Research said on Wednesday the growth opportunity for its Office software division is better than it was seven years ago, because the company is positioned to expand into new business areas.

SEOUL (Reuters) - Flat screen maker LG.Philips LCD Co. Ltd. (034220.KS: Quote, Profile, Research expects prices of its television panels to fall at a much slower pace this year on stronger demand and limited output growth, a company executive said on Thursday.

WASHINGTON (Reuters) - An odd planet the size of Neptune, made mostly of hot, solid water, has been discovered orbiting a nearby star and offers evidence that other planets may be covered with oceans, European astronomers reported on Wednesday.

WASHINGTON (Reuters) - Mice with deep skin wounds can grow new hair, scientists said on Wednesday in a finding that offers hope for a baldness remedy for humans.

LOS ANGELES (Reuters) - A type of chromium highlighted in the film "Erin Brockovich" causes cancer in lab animals when they drink it in water, and it could be harmful to people, the U.S. National Institutes of Health said on Wednesday.

Sun Microsystems will appease investors with a whopping $3bn share buyback.

IBM is souping up its grid storage system aimed at healthcare service providers struggling to store a veritable data deluge of medical imagery.

It's once again easy to consume porn online after a US court ruled in favor of search juggernaut Google's right to display tiny pictures of naked people.

MySpace has refused to act on demands from eight US states that it hand over user data which they say will help catch predatory paedophiles.