IBT Staff Reporter

After a series of recent hacks against corporate and federal websites, the US government has spun out a plan to protect internet sites from online attacks.

Google’s first Ice Cream Sandwich smartphone dubbed ‘Nexus Prime’ will be manufactured by Samsung.

France offered a radical solution Monday for banks to roll over some Greek debt for 30 years as the Greek government fought for political support of its five-year austerity plan to avert bankruptcy.

Staff cuts coupled with growth in Hong Kong and other key Asian markets have put Standard Chartered Plc <2888.HK> on track for record profits in the first half of this year, up over 10 percent on a year earlier.

Sony Corp believes it was targeted by hackers because it tried to protect its intellectual property, CEO Howard Stringer told a shareholders' meeting at which he sidestepped a call for him to step down over the incident.

Japan's infamous nuclear power plant Fukushima leaked tons of radioactive water into the ground on Tuesday, while its operator is still unsure, what could have cause the leak.

Pino and Giddish to play the star roles in the coming season of Law & Order; SVU

The squashing of California's video game law by the Supreme Court has come as a ray of hope for entertainment industry at large.

Ford Motors Co spent $1.67 million lobbying tax breaks for electric cars, incentives for spending on research, manufacturing and other issues during the first quarter.

The sudden price cut of Samsumg Galaxy SII by £70 hinted at the nearing arrival of the new iPhone 5 rival smartphone, Samsung Galaxy S II Plus.

Apple, according to analysts, has enough cash in its war chest to buy out many of its rival mobile phone companies.

Reggie Brown, whose prominence as a President Obama impersonator got a boost after a performance at a prominent GOP conference recently, got a chance to finish what he started after his performance was cut short by an official.

Vince Desi, publisher of the Postal video game series, praises the Supreme Court for their decision against a 2005 California State Law that prohibited the sale of violent games to minors.

G4 has decided to continue airing 'Proving Ground,' Ryan Dunn's reality series.

The red and black leather jacket that Michael Jackson wore while dancing in the classic Thriller video has sold for $1.8 million in a online auction.

Massive transforming robots in 3D are one of the key selling points in Transformers: Dark of the Moon, which is set for release on Tuesday.

One analyst predicts Apple will go after the mid-market with a second new iPhone to be introduced in September of this year.

Broker-dealers won additional time from federal regulators to comply with new rules banning naked access, where brokers rent their IDs to unlicensed high-speed traders.

Lulzsec says it is no more; hands hacking duties to Anonymous.

TerreStar Networks Inc did not receive any competing bids for its assets Monday, clearing the way for Dish Network Corp to acquire the company for about $1.38 billion, according to sources with direct knowledge of the situation.

Amanda Knox, Raffaele Sollecito, and Rudy Hermann Guede all appeared in court in Perugia, Italy on Monday for the seventh hearing of their appeal for the murder of British student Meredith Kerchner.

Nike Inc reported stronger-than-expected quarterly earnings on Monday as a 14 percent increase in revenue helped offset higher costs, and orders showed surprising strength for the future.

Trade talks between the Philadelphia 76ers and Los Angeles Lakers for a swap between Andre Iguodala and Lamar Odom may have died because of Odom himself.

The Apple iPhone that is equipped with high-speed 4G LTE may be too early to be released this September.

The more Mexican authorities try to stamp out violent drug ballads celebrating the joys of narcotics trafficking, the more their fame spreads like wildfire, fanned by the Internet.

The World Bank's political risk guarantee agency said on Monday it would mobilize about $1 billion for insurance coverage for countries in the Middle East and North Africa to encourage foreign direct investment.

New regulations announced over the weekend will likely benefit PNC Financial Services Group Inc, US Bancorp and smaller U.S. banks at the expense of bigger competitors including Bank of America Corp and JPMorgan Chase & Co.

A former Citigroup Inc vice president charged with embezzling $19 million from the bank's accounts -- an alleged fraud that went undiscovered for more than a year and a half -- pleaded not guilty in Brooklyn federal court on Monday.

Gary Foster, a former vice president at Citigroup's treasury finance department, has been arrested for his alleged involvement in a $19 million fraud.