IBT Staff Reporter

Zynga Inc is acquiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel, and Tap Zoo, in a move that will help the social games company boost its presence on smartphone and tablets.

The final hideout where the terrorism chief Osama bin Laden was found and killed last week was not some desolate cave but a large house in the military garrison town of Abbottabad, Pakistan, just an hour from the capital Islamabad.

Brent crude oil surged more than $6 a barrel on Monday, the second-largest gain on record, snapping back from last week's record sell-off on a wave of bargain-hunting and a jump in gasoline prices.

Nvidia Corp plans to buy Icera, a privately held cellphone chipmaker, for $367 million in cash, pitting it against Qualcomm Inc and Intel Corp in the booming smartphone chip market.

Sony has not given a definitive restoration date for the PlayStation Network, which has led to confusion and false reports.

The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.

Sears Holdings Corp is looking at whether to move its corporate headquarters after the state and local incentives that brought it to Hoffman Estates, Illinois, a northwest Chicago suburb, expire in 2012.

After two decades of punctilious work and € 30 million in bills, the Leaning Tower of Pisa has finally returned to its original splendour.

McDonald's Corp posted a better-than-expected 6 percent global rise in April sales at established restaurants as higher menu prices helped offset rising costs for beef and other ingredients.

Shares of Nuance Communications Inc jumped to their highest in more than 15 years after an influential technology blog said Apple Inc might expand its licensing deal with the speech-recognition technology provider.

Stocks rose on Monday as commodity-related shares rebounded, but worries remained over how much further the recent rally may continue.

In the recent years go green ideas have skyrocketed. The latest additions to this environmentally conscious trend are the innovative Fire Hose Accessories by designers Elvis & Kresse.

Mother Monster recently released her second single off Born This Way titled Judas. Last week Lady Gaga gave her fans a glimpse of the music video for Judas.

Shelby County Sherrif Bill Oldham said on Monday that law enforcement is keeping close watch and will arrest anyone breaking laws amid a difficult time in Memphis, Tennessee as it copes with a flood of historic proportions along the Mississippi river.

LinkedIn Corp, the social site for business professionals, is hoping to cash in with investors eager to gobble up shares in social networking companies such as Facebook, with a public debut valuing the company at more than $3 billion.

U.S. stocks moved higher on Monday as a bounce back in commodities lifted energy and materials shares, offsetting concerns about European debt.

Oil rallied more than 4 percent on Monday, rebounding as last week's record double-digit losses attracted bargain hunters and as equities markets remained stabilized after last week's strong U.S. April jobs report.

Ireland warned on Monday it would need more favorable terms to rid itself of its debt troubles and said it was confident of securing a cut in the interest it pays for its EU aid without conceding ground on tax rates.

Top online group buying site Groupon tied up with Live Nation Inc to launch a new online ticketing deals website that will allow customers to buy tickets to concerts, theatres and other live events at discounted prices.

Nvidia looking to stay up to par with Intel and Qualcomm on mobility, acquires Icera for $367 million.

LinkedIn Corp said it would offer 7.84 million shares in its initial public offering, which could value the company at over $3 billion at the high end of its offering price range.

Hertz Global Holdings Inc fired the latest salvo in a 13-month-long battle for Dollar Thrifty Automotive Group Inc , offering nearly $2.1 billion as it looks to form the No. 2 U.S. car rental firm and bump a stalled bid from Avis Budget Group Inc .

Oil rallied more than 4 percent on Monday as bargain hunting investors rushed in following a nearly $17 a barrel drop last week.

Stocks edged up on Monday as a bounce back in commodities lifted energy and materials shares.

Food distributor Sysco Corp reported a higher quarterly profit and revenue, helped mainly by strong demand for its products, sending its shares up 4 percent.

Shares in bailed-out insurer American International Group fell to their lowest levels in nearly eight months on Monday, potentially moving them into loss-making territory for the U.S. Treasury.

It was announced Monday morning that Meredith Vieira will be leaving her job as co-host of the Today show in June.

Inside Secure, a chipmaker hoping to benefit from technology that allows shoppers to buy goods with the wave of a smartphone, has hired two banks for a Paris flotation, people familiar with the matter said.

U.S. meat producer Tyson Foods Inc's second-quarter revenue rose more than expected on higher prices and the company forecast full year sales that would top Wall Street expectations.