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Endo Pharma to buy American Medical Systems for $30/shr

Endo Pharmaceuticals (Nasdaq: ENDP) announced an agreement to acquire American Medical Systems (AMS) (Nasdaq: AMMD), a maker of medical devices to treat pelvic conditions, for $30 per share or $2.9 billion in cash, to boost its core urology franchise.

US Businessman Kroenke to takeover Arsenal

Arsenal stakeholder Stan Kroenke is set to takeover the club after it was confirmed that he had increased his stake to 62.89% and will make the mandatory offer in an attempt to acquire the remaining shares in the club.

Cepheid's bacteria infection test gets FDA OK

The U.S. Food and Drug Administration (FDA) has approved molecular diagnostics company Cepheid (NASDAQ: CPHD)'s test designed to detect the toxin associated with a common bacterial infection that can cause diarrhea and other serious intestinal conditions and death in severe cases.
 Toyota Motors India to resume normal production

Toyota, Microsoft to build platform for Telematics

Japanese auto major Toyota Motor Corp and technology giant Microsoft Corp plan to build a global platform for TMC's next-generation telematics services using the Windows Azure platform, the carmaker said in a statement.
Google

Google clears Justice Dept. hurdle in ITA buy; FTC antitrust action in focus

The U.S. Justice Department approved Google's planned acquisition of online travel software firm ITA, but it made the technology giant agree to several conditions and concessions. Even as the Justice Department concluded its months-long review of Google's purchase of Massachusetts-based ITA, the focus now has turned to the possibility of the Federal Trade Commission (FTC) initiating an expansive antitrust investigation into Google to see if the company is stifling competition and getting i...

Audi reveals all-electric A3 e-tron concept (PHOTOS)

German luxury carmaker Audi has released the details of all all-electric Audi A3 e-tron concept, a vehicle that will hit the market sometime in the near future. The electric car is based on the 2011 Audi A3 Sportback.
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Deschert advising Norma group AG on IPO

International law firm Dechert LLP is serving as co-counsel to NORMA Group AG, a German-headquartered global industrial manufacturer and portfolio company of global private equity house 3i Group plc, on its initial public offering on the Frankfurt Stock Exchange.

Philadelphia Zoo to be powered by green energy

In yet another example of eco-tourism initiatives driving the tourism industry worldwide, Philadelphia Zoo, America's first zoo, will begin with 25 Percent of electricity usage offset by Renewable Energy Certificates.

Thomson vows for sustainable tourism measures

The commitments include major steps towards the continuing reduction of TUI's carbon footprint in the air and on the ground, both in its UK operations and holiday destinations worldwide.
The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland

FDA OK's device to treat brain aneurysms

The U.S. Food and Drug Administration (FDA) cleared a new device, manufactured by California-based ev3, to treat brain aneurysms without performing open surgery.
 YouTube

As Google aims to compete with TV, will YouTube lose its charm?

With Google gearing up to infuse massive amount of money to turn YouTube into a competition for TV, the popular video sharing website, which has grown into its role in the world of internet as a social platform for the users, stands a risk of losing its charm.
Stakes Are High for Microsoft on Windows 8

What are the leaked features of upcoming Microsoft Windows 8?

The tech world is awash with speculation over what will be the new, groundbreaking features in Microsoft Windows 8, which could likely see light of the day in 2012. Here is a glimpse into the fancied features of the Windows 8, according to various leaks and tech world ruminations:
Netflix

Netflix gets 'Mad Men' streaming rights

Netflix Inc. (NASDAQ: NFLX) announced a multiyear syndication deal under which Lionsgate (NYSE: LGF) has licensed the first four seasons of its Emmy Award-winning series Mad Men to be watched instantly by Netflix members starting July 27.

Ten major routes a malicious code takes in targeted attack

The year 2010 witnessed significant targeted attacks like Hydraq (a.k.a. Aurora) and Stuxnet. While Stuxnet is a very complex threat, not all malicious code requires this level of complexity to breach an isolated network, Symantec said. It has listed out 10 propagation mechanisms of the malicious code employed in a targeted cyber attack.

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