IBT Staff Reporter

As the counting for Kerala assembly elections are underway, the Congress-led UDF is having a slight edge over the ruling LDF in the state after the first hour of counting of votes of the April 13 Assembly polls.

Sony PlayStation Network (PSN) online gamers could not withstand three weeks of downtime and has decided to give Microsoft Xbox 360 a try.

Facebook admitted on Thursday it had hired a public relations firm to highlight supposed flaws in Google Inc's privacy practices but denied it had intended a smear campaign against the search giant.

Nordstrom Inc forecast 2011 profit below analysts' view on charges related to its HauteLook acquisition, the first wrinkle in an otherwise smooth string of profit reports from department stores, which have been buoyed by consumers' willingness to spend.

Chip designer Rambus has agreed to buy privately-held Cryptography Research, a security technology company, in a deal worth $342.5 million, adding to its portfolio of technology available for licensing.

iPad 2 and iPhone 4 may not be available in time to meet the demand of Apple’s customer in the second quarter of the year, due to a shortage of part and labor.

Nvidia Corp forecast quarterly revenue above expectations, lifted by sales of its mobile chips as it fights off growing competition in the personal computer graphics chip market.

The operators of LimeWire agreed to pay record companies $105 million, ending a federal trial over damages after the once-popular file-sharing service had been found liable for copyright infringement.

Eastman Kodak Co did not infringe Apple Inc's patented technology for digital cameras, a judge at the International Trade Commission ruled in the most recent round of the companies' patent war.

San Francisco public defender’s office has released a series of surveillance videos which shows illegal arrest and brutality committed by the San Francisco Police.

The San Francisco Giants swept the Arizona Diamondbacks on Thursday with a 3-2 victory, earning their sixth straight win, and taking sole possession of first place in the National League West.

Nvidia Corp forecast quarterly revenue above expectations, lifted by sales of its mobile chips as it fights off growing competition in the personal computer graphics chip market.

The White House on Thursday pressed Congress to pass strong cybersecurity measures to protect consumers' personal information and safeguard the nation's financial system and electric power grid from potentially devastating attacks.

John Demjanjuk has been convicted of helping Nazi in massacring 28,000 Jews at Sobibor camp during Holocaust, to five years in prison by a German court on Thursday.

A former WikiLeaks spokesman has condemned Julian Assange for demanding workers for the website sign confidentiality agreements threatening penalties of up to 12 million British pounds ($19.5 million).

Prosecutors are seeking about $1 billion to resolve a long-standing probe into Johnson & Johnson's marketing of its Risperdal anti-psychotic medicine, the Wall Street Journal said on Thursday, citing sources familiar with the matter.

To the producers of the film Too Big To Fail, the story plays like a horror movie.

Nvidia posted better-than-expected first-quarter revenue of $962 million, down 3.97 percent as it faces pressure in the personal computer graphics chip market and races to build its mobile business.

Nvidia posted better-than-expected first-quarter revenue of $962 million, down 3.97 percent as it faces pressure in the personal computer graphics chip market and races to build its mobile business.

Defensive shares led a rebound in stocks on Thursday as investors weighed mixed economic signals and recent volatility in commodities as they searched for direction.

When Raj Rajaratnam is sentenced on July 29, he could join a small club of fallen financiers and executives who've spent years behind bars.

Dow Chemical Co shareholders overwhelmingly approved a $21.3 million pay package for Chief Executive Andrew Liveris at the annual meeting on Thursday.

Newlywed royal couple William and Kate are currently spending intimate moments in the Seychelles, a string of 115 islands in the west of the Indian Ocean, northeast of Madagascar and about 1000 miles off the east coast of Kenya, according to the British media. Of the 115 islands, only 30 of them are inhabited.

Japanese telecom company NTT DoCoMo Inc and U.S. social networking service provider Twitter Inc will jointly develop a location-based alerting service for smartphone users based on tweets, the Nikkei business daily said.

Mitt Romney said he would respect each state's rights if elected President, defending the Massachusetts healthcare law he supported as governor while blasting the Obama Administration's power grab to require all states to adopt the health same policy, vowing to repeal the federal government's 2010 healthcare overhaul.

Upscale retailer Nordstrom Inc cut its full-year earnings forecast due to the dilutive effect of its HauteLook acquisition, sending shares down 1.7 percent.

Zynga teams up with Lady Gaga for a new neighborhood in Farmville

Oil rose slightly in volatile trading on Thursday, rebounding from a 5 percent plunge in the previous session as a weaker dollar prompted investors to buy riskier assets.

Defensive shares led a rebound in stocks on Thursday as investors weighed mixed economic signals and recent volatility in commodities in search of direction.