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was up 1.1% in preopen


trading. An appeals court today is due to begin hearing arguments in the software giant's efforts to overturn a federal court ruling that the company should be split in two because it violated antirust laws. Many analysts believe the new


administration is more likely to seek a settlement.

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The Wall Street Journal

reported that Microsoft is facing deceptive advertising charges for the second time in less than a year. The charges focus on a campaign targeting



. Microsoft is in talks with the

Federal Trade Commission

to settle the case, the paper said.