Twitter has been in takeover talks: report

A Twitter page is displayed on a laptop computer in Los Angeles
Executives at microblogging company Twitter Inc. have held low level talks with executives at Facebook Inc and Google Inc in recent months, about a possible takeover of Twitter, the Wall Street Journal reported on Wednesday.
Bernard Madoff walks back to his apartment in New York

JPMorgan fires back in $6.4 billion Madoff lawsuit

JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of doing an end run around the law in pursuing his case, and said it has a right to a jury trial.
More news
IBTimes Logo

Lawmakers say troubled by Nasdaq hack attacks

Two senior congressional Republicans said on Tuesday they were troubled by reports of computer hacking attacks on trading systems run by Nasdaq OMX Group Inc and asked for some answers.
IBTimes Logo

Regulators set to curb bank bonuses, part of global move

Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
India's former telecommunications minister Andimuthu Raja (C) leaves India's Central Bureau of Investigation (CBI) headquarters in New Delhi February 3, 2011

Former Indian telecom minister arrested over $40 bln graft scam

India's former Telecom Minister Andimuthu Raja, his personal secretary RK Chandolia and former telecom secretary Siddharth Behura have been arrested by India's Central Bureau of Investigation (CBI) over his alleged manipulation while allocating the second-generation telecom (2G) spectrum licenses in 2007 and 2008.
A pedestrian walks past the NASDAQ building in New York City

Hackers penetrate Nasdaq computers: report

Computer hackers repeatedly entered the network of the company that runs the Nasdaq stock market in the past year, but the trading platform was not compromised, the Wall Street Journal reported on Friday.
IBTimes Logo

BofA creates foreclosure unit

Bank of America Corp appointed on Friday a new foreclosure and loan modifications czar, and created a new unit to oversee problem home loans in a bid to sort out its on-going foreclosure issues, becoming the first large U.S. bank to do so.
IBTimes Logo

Outgunned by Wall Street, SEC warns of fraud

Tighter budgets at the U.S. Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.
A Blockbuster movie rental store is seen in Golden

Twilight studio to Blockbuster: Pay or liquidate

The independent studio behind the hit Twilight films wants a judge to force bankrupt movie rental chain Blockbuster Inc to pay its bills or force it to into liquidation, according to court documents.
China overtakes Japan as world’s second largest economy

Nippon-Sumitomo merger stirs hope for steel shakeup

Plans by Nippon Steel Corp and Sumitomo Metal Industries to create the world's No. 2 steelmaker fanned expectations of further consolidation in the fragmented industry, sending Japanese steelmakers shares surging on Friday.
IBTimes Logo

JPMorgan ignored suspicions about Madoff: lawsuit

JPMorgan Chase & Co executives stood by silently as their client Bernard Madoff ran his epic Ponzi scheme, hoping to protect the bank's investments and continue doing business with him, a newly released $6.4 billion lawsuit claims.
Bernard Madoff walks back to his apartment in New York

Top JPMorgan execs were warned about Madoff: trustee

JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said.
IBTimes Logo

BJ's may put itself up for sale

BJ's Wholesale Club Inc said it may put itself up for sale, under pressure from a private equity firm that may make a hostile bid.


IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.