COMPANIES

LimeWire, a major peer-to-peer (P2P) company that was accused by the Recording Industry Association of America (RIAA) of being a platform for illegal music transfers, has been let off lightly as it settled the dispute at $105 million, far short of $1.4 billion that was first sought by the plaintiffs.

Following a 5 year legal standoff between peer-to-peer (P2P) boss LimeWire and the Recording Industry Association of America (R.I.A.A.), the two sides have agreed to settle the music piracy dispute for $105 million.

Facebook became the world's fastest growing brand in the Brandz Top 100 ranking, published by Millward Brown. With its brand valued at $19.1 billion, Facebook also entered in to the top 100 most valuable global brands in 2011 at number 35. It is also the first time the Facebook has appeared at all in Milward Brown's ranking, now in its sixth year.

Magnificent Hawaii private residence will have an opening bid of $9.5 million

There is a full blown bed bug epidemic happening all across America and it just seems to get worse with each passing year. For cities such as New York and Philadelphia which are at the epicenter of the outbreak, bed bugs have become an important political issue.

The Sony PlayStation Network (PSN) outage has angered and frustrated Sony fans into rushing to retail stores and trading in their PlayStation3 (PS3) consoles for rival Microsoft Xbox 360 systems. Reports from retail stores indicated that more customers have been trading in their entire PlayStation3 set including both console and games for the Xbox 360, mostly for Call of Duty online gamers.

According to the reports, Jennifer Aniston has finally sealed her first deal on New York real estatea – a West Village penthouse formerly owned by celebrity stylist Sally Hershberger.

Jennifer Aniston has reportedly closed on a penthouse in Manhattan for $4.95 million in the name of her beloved pet dog.

The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.

Search engine behemoth Google's self drive car is likely to hit street in Nevada if a pair of legislation get through the state legislature.

Here is a list of the country’s 10 best cities for bachelors, according to a recent survey by Rent.com.

Will Smith has parked his two luxury trailers on the street of lower Manhattan where he is currently filming his upcoming movie “Men in Black III,” with his $25k per month rental only a few blocks away.

Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.

Audi of America announced Tuesday that it will release a new Audi Roadside App for iPhone users, as well as for Android and some BlackBerry devices.

GM has announced that it will invest $2 billion in two years from now, creating or retaining 4,000 jobs.

Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...

Shut down after attack from hacker, Sony said Tuesday it will restore its PlayStation Network by the end of May.

After three weeks of the PlayStation Network outage, which was caused by hackers last month, Sony has announced that it will take a few more days until the service is restored. The company plans to test the system's strength fully before restoring the online network which offers gaming, streaming movies, and other services.

Architect Gary Chang in Hong Kong, where apartments are small and expensive due to lack of space, has turned his 330-square-foot apartment into 24 ‘rooms’ via a unique sliding wall system.

General Motors (NYSE: GM) is planning to add or preserve about 4,200 jobs in eight states (including 2,000 in the Detroit area alone), according to a report in the Detroit Free Press newspaper.

A new app is able to diagnose a stroke with the same accuracy as a medical computer workstation.

Software giant Microsoft is close to buying leading Internet phone company Skype Technologies SA for a deal valued at over $7 billion, according to sources close to the development.

BrandZ has published its list of the most valuable global brands in 2011.

The US housing market has continued its process of double-dipping in 2011.

After a month of delays, Endeavour will launch into space for the final time in Mid-May says NASA.

The final hideout where the terrorism chief Osama bin Laden was found and killed last week was not some desolate cave but a large house in the military garrison town of Abbottabad, Pakistan, just an hour from the capital Islamabad.

City Center Las Vegas boasts 18 million square feet and a $9 billion construction bill

The original architectural plans for the house in Abbottabad, Pakistan where Osama Bin Laden was found and killed have been revealed by The Independent.

George Speranza, the operator of a marketing company that created and published Internet websites, has pleaded guilty to a perjury charge and admitted that he gave false testimony before the U.S. Securities and Exchange Commission (SEC) in connection with the SEC's investigation of Spongetech Delivery Systems, Inc.