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The Week in Review: April 24 to 30 Magma Design Automation Inc. has granted stock options to 14 employees who joined the company through April 25, the company said. Alliance Semiconductor's quarterly loss jumps 134% Alliance Semiconductor Corp. reported a fiscal fourth quarter net loss of $23.2 million, or 65 cents per diluted share, on sales of $5.6 million. Vishay settles Delaware class action suit over Siliconix offer Vishay Intertechnology has executed a memorandum of understanding with plaintiffs in a consolidated class action litigation Delaware Chancery Court pertaining to Vishay's pending exchange offer for the outstanding shares of Siliconix Inc. Despite features, Longhorn unlikely to boost PC industry Microsoft Corp. released the schedule and sketched out some of the main features of Longhorn, its next major version of Windows. WiMedia Alliance to support UWB regulatory effort In a turnabout, Intel and the WiMedia Alliance have agreed to sponsor and attend a meeting in San Diego later this month in an effort to accelerate the move toward international rules for ultrawideband signaling. Dell to expand India outsourcing, says report Dell Computer plans to add 2,000 people in India by the year's end as the PC maker seeks to make the country a hub for software development and back-office work, an Associated Press report said Friday (April 29). E-passport makers hail U.S. retreat Global electronic passports suppliers hailed a decision by the U.S. State Department to add a requirement for additional security measures in next-generation U.S. passports. Microsoft unveils new auto industry drive Through its new Microsoft Peak Performance Initiative, the company will use open industry standards and Internet services to generate products and services for the auto industry. IMEC raised contract revenues 12% in 2004 Research organization IMEC vzw (Leuven, Belgium) achieved revenues of 125 million euro (about $160 million) in 2004