Facebook filed for its initial public offering (IPO) on Wednesday, a monumental step in the short history of the company that has helped change the face of the Internet in just eight years. With 845 million users, Facebook is a global phenomenon. But which countries use it most?
Audi, the premium car brand of the Volkswagen Group , will launch seven new models in India and expand its dealers' network this year, as it looks to increase sales and market share in the luxury car segment.
Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.
As soon as news broke that Facebook was filing for its IPO, rumors spread that the public offering would create 1,000 overnight millionaires.
Spirit Airlines added a $2 unintended consequences fee to all tickets this week in response to the Department of Transportation's (DOT) new set of passenger protections.
Photos of Sheryl Sandberg's $8 million home in Atherton, Calif.
Drugmakers Pfizer Inc. (NYSE:PFE) and Eli Lilly & Co. (NYSE:LLY) have seen profits squeezed as lucrative blockbuster drugs came off patent and face competition from low-cost generic drugs. Merck & Co. Inc. (NYSE:MRK) is set to feel the hit in the second half of 2012.
Zynga shares jumped as much as 22 percent on Thursday in the first trading session after Facebook revealed it made 12 percent of its revenue last year from the video game publisher.
In celebration of Super Bowl weekend, Burger King will give away its new onion rings for free to any customers who want to taste the new fried item on Feb. 4 and 5.
James Cameron just might be looking for a more simple life.
The case against Imam was brought by an attorney named Asran Mansour who is affiliated with Islamist political groups.
Macy's (NYSE: M) increased its profit outlook as it reported $26.404 billion in sales for fiscal 2011, a 5.6 percent increase year-on, boosted by its strongest fiscal fourth quarter in years and continued growth in online sales.
Apple is expected to reveal the iPhone 5 at the Worldwide Developer's Conference (WWDC) 2012, which will take place in San Francisco from June 6 to June 10. The new phone is said to feature a bigger screen and 4G LTE.
At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
AT&T, America's second largest provider of mobile telephony, is expected to release an array of new 4G LTE phones this year of which Nokia Lumia, Samsung Galaxy Note, Samsung Galaxy S2 Skyrocket HD, HTC Titan II and Sony Xperia Ion are the most promising ones.
Merck & Co (MRK.N) on Thursday reported better-than-expected fourth-quarterearnings, helped by a decrease in research spending, and predicted relatively flat 2012 results as the No. 2 U.S. drugmaker girds for cheaper generic forms of its biggest product, asthma drug Singulair.
The job cuts, if they go through, would be part of thousands of other cuts which financial institutions plan to make in the near future.
Actress Cynthia Nixon has snapped up some prime real estate.
McDonald's recent announcement about not using pink slime - a mix of meat treated with ammonium hydroxide and used in fast food burger patties - has called termed as a victory for Naked Chef and food activist Jamie Oliver.
VeriSign Inc., the company in charge of delivering people safely to more than half the world's Web sites, has been hacked repeatedly by outsiders who stole undisclosed information from the leading Internet infrastructure company.
Pfizer Inc is reaching out directly to women consumers to warn them about its U.S. recall of one million packets of birth control pills as concerns mounted that a manufacturing error could raise the risk of unplanned pregnancies.
Facebook filed for an initial public offering with the U.S. Securities and Exchange Commission Wednesday, for the first time doing a public financial strip tease.
The risk to public health from a severe nuclear power plant accident in the United States is very small because reactor operators should have time to prevent core damage and reduce the release of radioactive materials, U.S. nuclear regulators said in a study on Wednesday.
Facebook's 27-year-old founder and CEO Mark Zuckerberg shared some insights into his philosophy and approach to business in an open letter to the company's potential shareholders.
After a series of rumors about the launch of the iPhone 5, Apple is finally set to release the much-hyped fifth generation smartphone at Apple Worldwide Developers Conference (WWDC), to be held in June at the Moscone Center, CA, indicated the Chinese-language Commercial Times, quoting Daiwa Securities.
The iPad 3 release date is getting closer.
China Telecom subsidiary Beijing Telecom announced in a local news release and as reported by various media outlets that the CDMA version of Apple Inc.'s iPhone 4S would likely become available in late February or early March.
Royal Dutch Shell, Europe's largest oil and natural gas company, posted fourth quarter earnings that despite less than favorable market conditions, exceeded analyst expectations thanks to increased natural gas sales.
Mining group Xstrata and commodities trader Glencore are in talks about an all-share deal that could create a combined group worth more than 50 billion pounds ($79 billion).
