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  Apple objects to Microsoft settlement
Time: 00:00 EST/05:00 GMT | News Source: CNET | Posted By: Todd Richardson

Apple Computer on Monday objected to a tentative antitrust settlement between California and Microsoft, saying the agreement will actually benefit the software giant. Apple's complaint largely revolves around the destiny of funds that are not claimed by individuals and businesses who qualify for rebate vouchers under the $1.1 billion settlement.

Under the settlement terms, one-third of any unclaimed rebates will revert to Microsoft. The remaining amount will go to California public schools in a mix of cash and donated Microsoft software.

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