Spending falls, raises concerns about growth
U.S. consumer spending fell in September after four months of gains as a government program to boost auto purchases ended, adding to fears that economic growth could stumble without government support. Read Full Article Here.
Facebook gets $711 million damages in anti-spam case
Social networking website Facebook was awarded $711.2 million in damages relating to an anti-spam case against Internet marketer Sanford Wallace, court documents show. Read Full Article Here.
Latin to lose its domain over Internet addresses
The body in charge of assigning the world's Internet users their online addresses on Friday said it had agreed to allow the use of any of the world's scripts, no longer just the Latin alphabet. Read Full Article Here.
Sony, Panasonic outlooks suggest sector recovery
Sony Corp and Panasonic Corp signaled the worst may be over for the world's two largest consumer electronics makers as they raised their full year outlooks, helped by cost cuts. Read Full Article Here.
A look at Windows 7 after its first week
A week after Microsoft launched Windows 7, users are familiarizing themselves with the more intuitive interface while some have faced problems installing the software. Despite these difficulties, analysts still predict PC sales will rise worldwide in the fourth quarter of this year. Read Full Article Here.
Soros-China to be big winner from world crisis
Billionaire investor and philanthropist George Soros said on Friday China will be the biggest winner of the global financial crisis while the United States stands to lose the most. Read Full Article Here.
Chevron Q3 profit hit by oil, refinery weakness
Chevron Corp posted a 51 percent drop in quarterly profit on Friday, the latest oil giant to be hit by the steep decline in oil and natural gas prices and the anemic margins for refineries. Read Full Article Here.
JP Morgan raised concerns about Galleon in 2001: report
JP Morgan Chase & Co raised concerns about Galleon hedge fund founder Raj Rajaratnam and his associates as far back as 2001, the Financial Times reported, citing an internal company document seen by the newspaper. Read Full Article Here.