Gamers Spending More Time and Money on Free-to-Play MMOs
In 2011, U.S. gamers have spent an estimated $1.2 billion on F2P games, which have taken up to 47 percent of all MMO expenditures. It has grown 24 percent in the last year, now seriously contending with pay-to-play MMOs like World of Warcraft for players' attention. The report says gamers spend about 26 million hours every day playing MMOs in the U.S.
Joan Baez to sing for Occupy Wall Street on Veteran's Day
Despite the coldness on Veteran's Day of 2011, Occupy Wall Street is heated up for a rally and concert featuring folk singer Joan Baez, who has been impressed by the movement as a human rights activist and protest singer.
Internet scam targets state securities regulators
An organization of state securities regulators, whose goal is to protect investors from fraud, says it has been the victim of an attempted Internet scam.
BSkyB board unanimous in support of James Murdoch
BSkyB's independent directors unanimously backed James Murdoch as chairman on Friday in a letter addressing shareholders' concerns about his suitability following the phone-hacking scandal at the News of the World.
Wall Street Soars 2 Percent on Italy Vote
Stocks rose about 2 percent on Friday, with major indexes on track to end the week higher as Italy's Senate approved economic reforms, easing investor concerns about the euro zone's debt crisis.
Olympus used inflated deposits to mask losses: Nikkei
Investigations into scandal-hit Olympus Corp revealed an elaborate scheme for concealing losses on risky bets behind a facade of inflated bank deposits and securities holdings, The Nikkei reported.
Wall St soars 2 percent on Italy vote
Stocks rose about 2 percent on Friday, with major indexes on track to end the week higher as Italy's Senate approved economic reforms, easing investor concerns about the euro zone's debt crisis.
Senate defeats effort to block Internet rules
New U.S. Internet traffic rules cleared a hurdle on Thursday, surviving an attempt by the Senate to block them from taking effect later in the month.
Chipmaker Nvidia's quarterly results beats Street
Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.
Telecom Italia confirms targets as 9-month core earnings rise
Telecom Italia stuck to its guidance on Friday after nine-month core earnings rose as Italy's biggest telecoms operator slightly improved its position in the fiercely competitive domestic market.
Penn State Scandal: Mother of 'Victim 1' Speaks Out About Jerry Sandusky
The mother of Victim 1 in the Jerry Sandusky scandal gave an exclusive interview to ABC's Good Morning America on Thursday about the abuse her son suffered at the hands of the former Penn State assistant football coach.
APEC CEOs to world leaders: boost trade and growth
Asia-Pacific CEOs will press world leaders on Friday to boost growth and seal a regional trade deal, goals made more urgent by the European debt crisis that has darkened global economic growth prospects.
Justin Bieber 'Love Child:' Mama Mariah Yeater is Confident Singer is Daddy (PHOTOS)
After the pop sensation Justin Bieber fought back against Mariah Yeater's claim that he's the father of her 3-months old baby, by saying he had never met her and it's absolute bulls**t lies, the San Diego-based mother spoke out confidently in an interview with CBS' The Insider, saying that she has sufficient evidence to prove her claims in court.
Justin Bieber 'Love Child:' Mama Mariah Yeater is Confident Singer is Daddy (PHOTOS)
After the pop sensation Justin Bieber fought back against Mariah Yeater's claim that he's the father of her 3-months old baby, by saying he had never met her and it's absolute bulls**t lies, the San Diego-based mother spoke out confidently in an interview with CBS' The Insider, saying that she has sufficient evidence to prove her claims in court.
Vivendi's Universal unit closing on EMI: source
Vivendi's Universal Music unit is closing in on a deal to buy EMI's recorded music business and is expected to announce it imminently, a source familiar with the situation said on Friday.
AT&T, U.S. argue over witnesses in antitrust trial
AT&T Inc complained on Wednesday that the Justice Department was too slow in telling who its witnesses would be as the government seeks to block the telecommunications giant's acquisition of rival T-Mobile USA.
Vivendi buying EMI from Citigroup for $1.9 billion
Vivendi's Universal Music unit said on Friday it was buying British rival EMI Group's recorded music business from Citigroup in a 1.2 billion-pound ($1.9 billion) deal that will give it control over EMI's artists.
Adobe throws in towel to Apple in Web software war
Adobe Systems Inc halted development of its Flash Player for mobile browsers, surrendering to Apple Inc in a war over Web standards as the company surprised investors with a restructuring plan.
New Jersey teacher could be fired for comments on Facebook
A first-grade teacher in New Jersey who described her students as future criminals on Facebook could be fired under a judge's decision issued this week after parents complained her remarks were offensive.
WiLAN's 759 Patent validated in U.S.
Canadian patent licensing firm WiLAN Inc said the U.S. Patent and Trademark Office validated most of the claims in one of its key patents, bringing a re-examination process that began in January closer to completion.
Modern Warfare 3 Sets Sales Record, CEO Says [VIDEO]
Modern Warfare 3 had what is being called the biggest entertainment launch of all time, according to computerandvideogames.com.
Wall Street Opens Higher on Eurozone Progress
Stocks rose at the open on Friday as debt-laden Italy moved to implement tough austerity measures crucial to avoid a Eurozone meltdown.
Lenders to grill Japan's Olympus as delisting looms: source
Lenders will confront Japan's Olympus Corp next week to demand an explanation for an accounting scandal engulfing the firm, a banking source said on Friday, though he denied reports they would seek more security over their loans.
Herman Cain Poll - Cain Still Leads, but Gingrich Surges: CBS
Despite the sexual harassment allegations swirling around him, Herman Cain held on to the top spot in the latest CBS News poll, 3 percentage points ahead of Mitt Romney and Newt Gingrich, who is making a serious run for Cain's anti-Romney spot.
Wall St open higher on euro zone progress
Stocks rose at the open on Friday as debt-laden Italy moved to implement tough austerity measures crucial to avoid a euro zone meltdown.
China October bank loans rebound, more policy easing expected
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of selective policy easing by the government to keep the world's second-largest economy on an even keel.
China's Suning signs deal with IBM for e-commerce
China's Suning Appliance Co Ltd, the country's biggest electronics retailer has signed an agreement with IBM to build a multi-billion e-commerce platform, both companies said in a statement on Friday.
Wall St set to open higher on euro zone progress
Stocks were poised for a higher open on Friday as debt-laden Italy moved to implement tough austerity measures crucial to avoid a euro zone meltdown.
Arsenal Transfer Rumours - Which Midfielder is Wenger Planning to Buy?
Arsenal will be hoping to sign two Rennes midfielders in the January transfer market, according to the latest rumours.
Japan wants to join talks on US-led trade pact: PM Noda
Prime Minister Yoshihiko Noda on Friday declared Japan's readiness to join talks on a U.S.-led free trade pact that could radically transform the nation's economy and challenge its political status quo.