IBT Staff Reporter

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IBM passes Microsoft's market cap after 15 years

International Business Machines edged past old rival Microsoft Corp in market value for the first time since April 1996, marking the latest twist in the fluctuating fortunes of two of the world's most storied technology companies.

Next Bachelorette to Surprise People

People will be surprised with what they see, Ashley Hebert said to People magazine. She said that viewers will see her different sides through ABC's The Bachelorette premieres on Monday night.

Joplin, Missouri Tornado 'The Beast' kills 116, 7 rescued so far

The EF-4 category(second strongest classification) tornado that ripped across Joplin, Missouri yesterday Sunday May 22, claimed the lives of 116 people so far and has become the deadliest to hit US terrain since 1953 when another tornado struck Flint, Michigan where 116 were killed as well.

Yandex lifts IPO price in Internet frenzy

Russian Internet company Yandex on Monday raised the price guidance for its Nasdaq initial public offering, responding to strong investor demand after LinkedIn Corp's blowout debut last week.

Dominique Strauss-Kahn Was Trying to Torpedo the Dollar

Aren't you at all curious about who's behind this lynching by media scam? This is an all-out, no-holds-barred, steel-cage, take-down. The big boys save that kind of action for the worst offenders, that is, for the insiders who have broken Omerta or wandered off the reservation. Even Bernie Madoff was allowed to stay in his $7 million Park Avenue penthouse.

Online poker payment processor admits U.S. charges

An Illinois man admitted in federal court on Monday to helping large online poker websites dodge U.S. gambling laws by processing millions of dollars in payments from his home in Costa Rica and lying to banks about the nature of the transactions.

Toshiba to invest $8.5 billion over next three years: report

Japanese electronics products manufacturer Toshiba Corp <6502.T> said it will invest 700 billion yen ($8.57 billion) in environment and energy sectors over the next three years to meet demand from infrastructure projects, business daily Nikkei said.

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