BUSINESS

Asian stock markets declined Monday after election results from Greece and France fueled concerns about Europe reviving the debt crisis.

Instagram, which is now available in Android devices too, has somewhere around 50 million users, and is on its way to hit the 100 million mark, thereby joining the biggies like LinkedIn, Tumblr, Twitter and Facebook. Here's an infographic, explaining Instagram's growth since its launch.

Indonesia's economic growth slowed down in the first quarter compared to the last quarter as exports and investment remained weak due to soft global demand.

In an effort to expand beyond cell phones, the second largest U.S. mobile operator, AT&T, is all set to enter the home security and automation business.

Asian stock markets plunged Monday as weaker-than-expected US employment report and election results from Europe weighed on investor sentiment.

Oil prices fell Monday to add to the sharp decline in the previous session as French and Greek election results raised doubts about those countries' commitment to the austerity measures to sort out Eurozone debt crisis.

Ballots continue to be counted in France and Greece -- where the architects of the austerity solution to Europe's sovereign-debt problem have been advised to turn over their drafting supplies -- but investors are still voting, with their feet, as they appear to be moving out of higher-risk asset classes into lower-risk ones.

Highlighting the economic data this week -- May 7-11 -- are the March trade-balance figures to be released Thursday. Economists expect the U.S. trade deficit to widen after its sharp narrowing in February.

Francois Hollande will be the first Socialist president of France since Francois Mitterrand's last term ended in 1995.

Since the 1990s, Turkey?s fertility rate has steadily declined, due to, among other factors, rising household incomes, expanded access to higher education for women and increased birth control practices.

Sarkozy is convinced that the polls are wrong and he can win a second term.

The two leading mainstream parties will likely have to form an uneasy coalition in order to form a new government.

Warren Buffett and his 88-year-old associate Charlie Munger are sitting out the Facebook IPO.

Two weeks from now, management at Facebook (Nasdaq: FB), the No. 1 social network, will likely be partying. CFO Dave Ebersman probably will be tallying up at least $6.3 billion in cash from its initial public offering.

Secretary of State Hillary Rodham Clinton Saturday asked Bangladesh to exploit its strategic geo-location and said that its location between India and China, the two aggressively developing economies, gave it tremendous opportunity for development.

The successor to Galaxy S2 has come with impressive features. While the tech enthusiasts of the industry are really excited about the new smartphone, there are many others who are somewhat disappointed with the Galaxy S3's features and specs. Many reports claim that the industry expert are not so satisfied with the design and build of the device. They had expected better specifications and features.

Mazda announced Friday that several dozens of its US employees had agreed to the voluntary buyouts as a part of the automaker's effort to make profits.

The in-laws of Sahar Gul, a 15-year-old Afghan girl, were Tuesday sentenced to 10 years in prison for the unsavory and barbaric treatment they inflicted on her after she had refused to enter prostitution.

Polling began in Greece Sunday in an early general election that could push the debt struck country to further turmoil and uncertainty.

Warren Buffett attempted to assure Berkshire Hathaway Inc. shareholders at their annual meeting Saturday that the company will be in good hands whenever he steps down, in an effort to counter fears surrounding its succession plan following the news that the legendary businessman has prostate cancer.

Layoffs, store closures, massive loss of earnings, and the departure of its CEO -- nothing is going right with the world's largest consumer-electronics specialty retailer.

Khalid Sheikh Mohammed and four co-defendants were uncooperative while being arraigned Saturday on charges associated with the Sept. 11, 2001, terrorist attacks on America that were leveled at them in a U.S. military court at the U.S. Naval Station Guantanamo Bay in Cuba.

In accordance with global May Day celebrations, the Southeast Asian nation of Malaysia has introduced a minimum wage for the first time, following a decade of pressure by labor unions.

If you are a Samsung tablet fan, then your long wait is over, as the much delayed Galaxy Tab 2 (10.1) is finally up for preorder and the tablet will hit the retail shelves in the US as soon as by May 13.

Microsoft has announced its decision to remove the Windows Media Center from its Windows 8 version. The company, however, maintained that even though the feature would not be pre-installed on Windows 8, users could still purchase and install the WMC.

Despite rapid growth in adoption of social applications by sales, marketing and customer service departments, only 50 percent of Fortune 1000 companies will receive a worthwhile return on investment (ROI) from their social customer relationship management (CRM) initiatives by the end of 2012, according to a recent report by technology research firm Gartner.

AT&T CEO Randall Stephenson has said that the company's decision to offer an unlimited data plan for the original iPhones was a mistake, according to the Los Angeles Times.

The Royal Canadian Mint's manufacturing facility in Winnipeg Friday produced Canada's last penny, marking the end of the era of one cent coins.

The Federal Trade Commission (FTC) is apparently ready to fine search engine giant Google millions of dollars for using an invasive advertising cookie on Apple's Safari browser, according to Consumer Watchdog, who filed a complaint in February with the FTC after Stanford Researcher Jonathan Mayer identified the breach.