IBT Staff Reporter

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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).

May 12, 2011

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.

May 12, 2011

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

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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.

May 12, 2011

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

May 12, 2011

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.

May 12, 2011

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

May 12, 2011

Raj Rajaratnam could face huge criminal fines and penalties as part of his insider trading conviction, but the hedge fund founder could remain a rich man even if he is sent to prison for a long time.

May 12, 2011

Goldman Sachs Group Inc shares were down 3.2 percent on Thursday afternoon after two analysts downgraded the stock and press reports questioned whether a Senate investigation will threaten the bank's reputation.

May 12, 2011

Part of the FiveMYles Space Program and The American Laboratory, Stand (*an autumn play) is an experiential artistic event unfolding the story of two young lovers lost in time.

May 12, 2011

Microsoft's $8.5 billion acquisition of Skype is likely to boost videoconferencing from workers' desktops, posing further risks to video technology providers like Polycom and Logitech.

May 12, 2011

NASA scientists discover new information indicating Jupiter's moon Io has a volcanic sub-surface.

May 12, 2011

Take a look at Kate over the years.

May 12, 2011

The White House issued a proposal on Thursday to secure critical U.S. infrastructure and federal computer networks that aims to fend off attackers while assuring the privacy of Internet users.

May 12, 2011