UNITED STATES

Facebook Founder & Chief Executive Officer Mark Zuckerberg

ComScore says Facebook gained 3.2 million visitors in May

A recent report from comScore showed that Facebook had reached its all-time high in audience size in the US in May, in contrast to other reports which said the social networking site lost a significant number of users in the month.
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White House's first chief information officer to leave

Vivek Kundra , who is the White House's first chief information officer and was the key leader in his administration's effort to streamline the federal government's massive IT infrastructure is leaving in August for a fellowship at Harvard.

Are you a hacker? You better stick with mischief

U.S. authorities often prosecute computer hacks that cause more mischief than money losses, but long prison sentences are very rare in such cases. But the hacker will have to face prosecution under the Computer Fraud and Abuse Act, if the victim shows that he or she has suffered a considerable amount of financial damage in a certain period of time.
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Connecticut wants Facebook meeting over privacy

Connecticut's Attorney General is concerned over Facebook's use of facial recognition technology to identify users and has requested a meeting with Facebook officials to discuss ways to alleviate those concerns.

RIM succumbs to Apple onslaught

Research in Motion announced another dismal quarter on Thursday, slashing guidance and jobs as it recoils in the wake of a product onslaught from Apple.
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Hacktivists make noise on government websites

A breed of cyber pranksters known as hacktivists appears to be on a campaign to embarrass the U.S. government, but such types of attack are unlikely to breach the computer firewalls that protect important official secrets, independent analysts say.
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Just Who Are Facebook Users?

Facebook boasts of 150 million US accounts. It’s the most popular social networking site in the country and the second most popular website for Americans (after Google).
U.S. General David Petraeus

Petraeus Presents Obama with Afghanistan Options

Several options were presented to President Barack Obama by a top U.S. commander to reduce the number of troops in Afghanistan, the White House said on Thursday, an indication that a plan would be announced soon.
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RIM slashes forecast again, shares tumble

Research In Motion said on Thursday its quarterly profit dropped and revenue missed its lowered forecast, forcing the BlackBerry maker to slash its outlook and sending its shares sharply lower.
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Huawei rejects Eximbank chief's China aid claim

Chinese telecoms equipment manufacturer Huawei Technologies on Thursday rejected a U.S. government official's suggestion that its rapid growth was due to Chinese government financial aid.
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Dow, S&P rise in volatile session; Nasdaq slips

Stocks rose in volatile trading on Thursday, thanks only to technical factors and options expirations. But raging uncertainty about Greece prevented investors from committing money to the market.
Traders work on the floor of the New York Stock Exchange, June 7, 2011.

Depression? No. Depressed? Yes!

Yesterday, a highly valued client of ours posed this question to us: ”Do you think that we are headed towards a depression?” It is not clear to me what event triggered the question, but my answer was a resounding “No”.

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