Thousands Sue Apple over 'Clearly Illegal' Location Tracking
A group of consumers in South Korea has launched a class-action suit against Apple, claiming that iPhones and other devices were invading their privacy.
Global Stocks Rise on U.S. Earnings, Oil Gains
World equities rose on Wednesday, lifted by strong outlooks and results from U.S. retailers, while crude oil gained on a larger-than-expected decline in U.S. gasoline supplies.
Private Equity Wiz Could Be the Next TV Reality Star
The founder of OpenGate Capital, Andrew Nikou, is in talks for his own reality show.
Google-Motorola Deal: Implications for Apple, RIM, Microsoft
Google Inc. has agreed to buy Motorola Mobility Holdings Inc. for $12.5 billion or $40 a share in cash, valuing each essential patent at about $20 million, to defend its Android ecosystem. RBC Capital Markets said the deal value of $12.5 billion equates to 0.7 times trailing twelve months (TTM) of equity value-to-sales.
More news
Should Bernanke Be Put On Trial For Treason?
Rick Perry?s comments on the reckless printing of paper are calling into question the constitutionality of certain economic policies and actions of the Obama administration.
Ford Unveils Facebook Mileage Challenge
Ford is at it again in social media-- this time unveiling a new Facebook-based countrywide mileage challenge.
HP WebOS Wants to Enter Your Home Appliances and Cars: Wise Move Or Not?
As a step to expand WebOS market beyond smartphones and tablets, HP is working to bring its WebOS mobile operating system to major appliances and cars.
Egypt Using Islamic Finance to Rebuild Economy
In a sensational bid to finance its vast economic reforms, Egypt has rekindled its interest in Islamic finance amid growing pressure to rebuild the country using internal financing.
London Riots 2011: Facebook Users Jailed 4 Years Over Riot Plans
Two men were sentenced to four years in prison for allegedly using Facebook to incite disorder, even though nothing came of their plans.
Mobile Payments 101: 'Just the Basics'
A mobile payment is "any payment" for goods and services that is initiated from a smartphone or similar device. Mobile payments can be broken down into two main types: remote payments or proximity payments.
S&P Turns Thumbs Down on Google-Motorola Marriage
S&P also reduced Google?s 12-month price target to $500 from $700.
Sony?s PS3 Price Cut: Desperate, or Savvy Move?
What caused Sony to make a price cut to its PS3 gaming console?
OuchPad: HP's Big TouchPad Problem: It Isn't an Apple iPad
The new TouchPad tablet has become the "OuchPad" for HP. The product isn't selling because consumers have shown they prefer the iPad.
UK Men Who Encouraged Rioting on Facebook Get 4 Years in Prison
"These [Facebook] posts caused significant panic and revulsion in local communities as rumors of anticipated violence spread."
Dell Shares Take Beating After Dismal Sales Outlook
Dell shares get pounded before the markets even opened
Verizon Strike Update: Union Plans School Protest
A faction of the 45,000 Verizon employees on strike is planning on protesting a New York Department of Education meeting on Wednesday.
Silver Prices Rise in Early Trading, Miners Up Too
Silver rose in early U.S. trading Wednesday and shares of several large silver mining companies also gained in premarket trading.
Will Moody?s Downgrade US ?AAA? Rating?
Following Fitch?s affirmation of ?AAA? rating to U.S. debt, which was in sharp contrast to S&P?s downgrade, the focus now turns to whether Moody?s will retain top rating for the US.
Amoeba Parasite Causes Second Death in US
Amoeba Parasite has caused second death in a month's time. The victim is a nine-year-old boy from Virginia, who got infected with a dangerous freshwater amoeba, a Richmond Times-Dispatch report said.
Gold Prices Higher in Early U.S. Trading
Gold rose Wednesday but shares of gold mining companies were mixed in premarket trading, indicating that optimism about the yellow metal is doesn't automatically transfer to companies that mine the precious commodity.
Google-Motorola Deal: Implications on Smartphone Sector
Google Inc. has agreed to buy Motorola Mobility Holdings Inc. for $12.5 billion or $40 a share in cash to defend its Android ecosystem. Rising IP threats to Android from Microsoft Corp. and Apple Inc. were the primary driver of the acquisition, RBC Capital Markets said.
Spanish Police Arrest Student Who Planned Gas Attack on Anti-Pope Protesters
The suspect?s name was not released by police.
Consumers Aren't Touching HP's TouchPad; Best Buy Sits on 200,000
Consumers aren't touching HP's TouchPad tablet. Best Buy is sitting on 200,000 unsold TouchPads and wants to send them back to the company.
South Africa to Charge Unit of AngloAmerican
South Africa's government will lay criminal charges against Kumba Iron Ore over its application for a mining right over the company's Sishen mine it did not yet own, a lawyer for the minerals department said Wednesday.
U.A.E. Slaps Severe Limits on Social Networking
The United Arab Emirates is enforcing a law that can slap a 10-year prison sentence on anyone it thinks is spreading rumors through social media outlets.
Venezuela Mulls Moving Gold Bullion out of U.S., Europe
Venezuelan President Hugo Chavez may transfer billions of international reserves from Europe and the United States into banks in nations like China, Russia and Brazil, an opposition lawmaker said on Tuesday.
Gold Mining Companies in Peru Agree to Higher Royalties
Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, sources on both sides of negotiations between companies and leftist President Ollanta Humala's government said on Tuesday.
Verizon Strike Update: Company Threatens Workers With Imminent Loss of Health Care Coverage
Strikers will also lose pension benefits, life insurance and other benefits.
American Student Found Dead in Australian University
Emily Spickler, a 19-year-old American student and a part-time model, was found dead in her dorm at the University of Southern Queensland in Toowoomba, police officials said.
European Trading Nudges Gold Higher
Gold edged higher for a third day on Wednesday, propelled by investor unease over the fate of the euro zone after a Franco-German summit yielded no lasting solution to the regional debt crisis and riskier assets such as stocks eased.
Gold Hovering Near Record Level
Gold held steady near a record high on Wednesday after a Franco-German summit failed to convince investors that the euro zone debt crisis would be solved effectively, supporting safe-haven demand for bullion.
Verizon Strike Update: Struggling Landline Business Pressuring Unions
According to Verizon spokesman Lee Gierczynski, the company?s base of landline telephone customers declined from 45 million to about 25 million in just the past five years.
Obama to Give Major Jobs Speech in Early September: Source
President Barack Obama will give a major jobs speech in early September, according to a source.
Man Claims to be 500-year-old Vampire, Bites Woman for Blood
In a bizarre incident, a teenager claimed to be a 500-year-old vampire and said he had a "need-to-feed" on blood.
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