IBT Staff Reporter

The US Army has released the video of futuristic XM-25, smart gun being fired in trials.

Portuguese bank stocks rallied on Thursday after the caretaker government requested European financial aid and analysts saying a deal could be negotiated quickly despite a political vacuum during an election campaign.

Theoretical astrophysicist Martin J Rees has received the 2011 Templeton Prize for inspiring questions that reshape crucial philosophical and theological considerations that strike at the core of life.

Sales of cameraphones will grow to more than 1 billion handsets this year, helped by fast growth at the high end of the market, research firm Strategy Analytics said on Thursday.

Sales of cameraphones will grow to more than 1 billion handsets this year, helped by fast growth at the high end of the market, research firm Strategy Analytics said on Thursday.

Rooting out one dishonest investment banker amongst the hundreds who sign confidentiality agreements for a merger is virtually impossible despite the checks and balances banks put in place.

Barcelona planted one foot into the semis of the Champions League with a huge 5-1 first leg win over Shakhtar Donetsk at the Nou Camp on Wednesday, setting up a probable El Classico clash with Real Madrid in the semi finals.

Manchester United has the advantage going into the second leg of the quarter finals after a Wayne Rooney first half goal gave them a 1-0 win at Stamford Bridge.

Stock index futures pointed to a flat open on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 trading little changed.

The U.S. Food and Drug Administration (FDA) cleared a new device, manufactured by California-based ev3, to treat brain aneurysms without performing open surgery.

With Google gearing up to infuse massive amount of money to turn YouTube into a competition for TV, the popular video sharing website, which has grown into its role in the world of internet as a social platform for the users, stands a risk of losing its charm.

Growing demand for smartphones running on Google's Android platform will help the smartphone market grow 58 percent this year and 35 percent next year, research firm Gartner said on Thursday.

A pair of white dwarf stars whirling around each other once every 39 minutes will merge and reignite as a helium-burning star in about 37 million years, astronomers said.

The European Central Bank is poised to raise interest rates from a record low 1.0 percent on Thursday and more is likely to follow but, fearful of heaping more pain on the euro zone's stragglers, it will give few clues about when the next move will come.

Motorola Xoom is not yet ready to supersede iPad2. After its launch on February 24, Deutsche Bank released a sales estimate of 100,000 units of Motorola Xoom compared to a huge number of 300,000 units of iPad2 sold on day one. The number is growing exponentially for iPad2.

Under the program, postgraduates enrolled in and qualified to complete a PhD program under a university can be employed with a partnering private enterprise during the project period.

Rooting out one dishonest investment banker amongst the hundreds who sign confidentiality agreements for a merger is virtually impossible despite the checks and balances banks put in place.

Singer and the first ever American Idol, Kelly Clarkson, has succeeded in garnering a much-needed popularity boost ahead of her new album release in September - all thanks to her impressive performance on The Ellen DeGeneres Show.

Brent crude dipped on Thursday in Asian trade after five straight days of gains, slipping below $122 a barrel on concern that rising prices will hurt demand from the world's top oil consumers the United States and China.

Profits at Samsung Electronics are set to rebound on a recovery in the memory chip market after operating profit fell to its lowest level in almost two years in the first quarter on tumbling flat screen and TV prices.

British pharmaceutical giant AstraZeneca Plc said the U.S. Food and Drug Administration (FDA) cleared its orphan drug vandetanib to treat advanced cases of a thyroid cancer.

UN atomic watchdog International Atomic Energy Agency has released the following update on the status of the earthquake-crippled Fukushima Daiichi nuclear plant in Japan:

Technology giant Google has announced that the registrations for the annual Google Code Jam 2011 are open from Wednesday.

Britain's largest retail chain Mark and Spencer customers email addresses have been hacked and the company has sent warning messages to many online customers who have supplied the store with email addresses, various media outlet reported.

Toyota Motor USA Wednesday announced the one-millionth sale of the Toyota Prius, the world's first mass-produced hybrid gas-electric vehicle, in the United States.

Gold is the world's most stable asset and the best gauge of inflation. The National Inflation Association (NIA) says this brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June.

President Barack Obama and top lawmakers said progress was made in urgent budget talks late Wednesday and that negotiators would work through the night to try to avert a government shutdown.

Dish Network Corp won Blockbuster Inc in a bankruptcy auction for $320 million, further broadening its business beyond satellite TV and setting up a possible showdown with Netflix.

President Barack Obama and top lawmakers said progress was made in urgent budget talks on Wednesday night and that negotiators would work through the night to try to avert a government shutdown.