COMPANIES

IBTimes Logo

Diamond Foods Fires CEO; Stock Crashes

Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading.

Bankers Air Fears over Scope of Swaps Rules

IBTimes Logo
Foreign and U.S. banks warned lawmakers on Wednesday that broad application of U.S. swaps rules could undermine U.S. competitiveness abroad, increase the cost of hedging and even provoke brinkmanship among international regulators.
American Airlines planes sit at their gates while others taxi for arrival and departure at O'Hare International airport in Chicago

Creditors Prod American Airlines to Consider Merger

Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.
More news
The Cisco logo is displayed at the technology company's campus in San Jose

Cisco Q2 Results Beat Estimates

Network equipment maker Systems Inc said second quarter earnings and revenue beat average estimates, leading it to increase its dividend.
Google Screenwise

Google Screenwise: Is Your Internet Privacy Worth $5 or $100?

What is the value of your web usage data--everything you browse, search, click, view late at night, stumble upon or otherwise see on the internet--during the course of one month? If you ask Google, they'd say between $5 and $100, depending on exactly who that user is.
IBTimes Logo

Why LinkedIn Needs Rapportive

Business networking site LinkedIn will reportedly acquire Rapportive, a Gmail add-on that provides information about your social contacts as you e-mail them. Sources close to the situation say LinkedIn offered the browser plug-in a figure in the low teens in millions of dollars.
Silicon Graphics International Corp. (SGI)

Silicon Graphics shares dive on margin worries

Concerns about shrinking profit margins at Silicon Graphics International sparked a sell-off in the company's stock that wiped away a quarter of its value, a day after it posted weak quarterly results and slashed its full-year earnings outlook.
Amazon, Viacom Hash Deal amidst Video Streaming Deal Circuit

Amazon, Viacom Hash Out Deal Amid Video Streaming Ballyhoo

There's been a lot of news coming from streaming video services recently. Earlier this week, Redbox, the movie rental service, announced a new joint venture with Verizon through which the companies will offer a streaming video service. Not to be outdone, Amazon has announced a deal with Viacom, Inc. that will allow Amazon Prime members to stream TV shows from Viacom-owned television stations such as Comedy Central, Nickelodeon, TV Land, Spike, VH1, BET, CMT, MTV and others.
iPad 2

iPad 3 Launch Imminent? Roundup of Features

Rumors about the launch of iPad 3 have gained momentum over the last few months. The latest is that the tablet is expected this spring. With a host of new features, the tablet could be Apple's biggest release this year if the rumored specs are true. Here's a look at what is known so far.
The logo of Renesas Electronics is seen at its headquarters in Tokyo

Japan firms talk on system chip tie in reform drive: sources

Renesas Electronics and two other big Japanese chip makers are in talks to combine their struggling system chip operations in a government-backed deal, sources said, as pressure mounts for drastic reforms to confront stiff global competition.
A dish of organic baby carrots

Low Calories Food is Baby Carrots: 'Eat 'Em Like Junk Food'

Jeff Dunn, CEO of Bolthouse Farms, has created an ad for baby carrots with the tagline, Eat 'em like junk food. The ad campaign has been created on behalf of Bolthouse Farms to raise the awareness towards a healthy diet and sell their new range.
Mark Zuckerberg

Facebook's Zuckerberg Could Owe $2B in Taxes After IPO

Facebook founder Mark Zuckerberg may have set the record for being the youngest billionaire, but the company’s IPO might also put him in the books for paying the highest taxes. Since the 27- year- old entrepreneur plans to exercise stock options worth billions, his tax bill could reach as high as $2 billion.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.