IBT Staff Reporter

eBay brings aboard GSI for $2.4 billion.

BRUSSELS (Reuters Life!) - Few topics are more sensitive for Web users, or more likely to raise concerns in the corridors of Facebook or Google, than how to regulate privacy.

The move would leverage Google's advertising business, giving the company greater insight into how users view targeting advertising.

Nokia may have moved to Windows, but it is still trying to woo the developers working on its old platform, Symbian.

U.S. consumer spending rose for an eighth straight month in February, but much of the gain went to cover rising food and energy prices, providing little lift to the economy.

Mail-order food company Harry & David Holdings Inc filed for bankruptcy in a Delaware court under a pre-arranged deal with creditors that includes swapping $198 million of senior notes into equity.

Google is joining Citigroup and Mastercard to set up a mobile payment system that will turn Android phones into a kind of electronic wallet, the Wall Street Journal said, citing people familiar with the matter.

EBay Inc plans to buy e-commerce company GSI Commerce for $1.96 billion in cash in a bid to draw more buyers and sellers to its online marketplaces.

American Apparel Inc Chief Executive Dov Charney bought 1.8 million shares in the struggling clothing chain, raising his stake in the company to about 54 percent.

Google is in the throes of crafting a Nexus Android 3.0 or Honeycomb-based tablet with LG according to reports.

Five new titles will join Warner Bros. The Dark Knight

Apple announced it will hold its annual Worldwide Developer’s Conference this June in San Francisco.

U.S. stocks edged higher on Monday as an upgrade of telecom shares and a rise in February consumer spending lifted sentiment, though overseas concerns could add to volatile trading.

Comedy Central hosted its first ever Comedy Awards Saturday night and David Letterman and Tina Fey won big.

Japan's Nuclear and Industrial Safety Agency said it detected several kinds of radioactive material in the water on the floor of reactor buildings at the Fukushima Daiichi nuclear power plant.

U.S. consumer spending rose slightly more than expected in February for the eighth straight month of gains as households tapped their savings, government data showed on Monday, while inflation accelerated at its fastest pace since June 2009.

Pending sales of previously owned U.S. homes unexpectedly rose in February, a trade group said on Monday, pointing to a modest pick-up in home sales.

Oil retreated on Monday, with both U.S. and Brent crude futures slipping over a dollar, after Libyan rebels regained control of key oil towns and the dollar firmed on hawkish comments from a U.S. central banker.

According to producers of the upcoming Superman film, actress Amy Adams has been cast as Lois Lane.

Consumer goods giants Procter & Gamble and Unilever will both raise detergent and soap prices in China by up to 15 percent next month, local media reported, underscoring the battle the government faces with inflation.

Muammar Gaddafi's daughter Aisha Gaddafi described as the Claudia Schiffer of North Africa by the Arabic press could have easily graced the pages of Vogue magazine but she opted for a role to further her father's cause.

U.S. Secretary of State Hillary Clinton said on Sunday that the U.S. will not be entering the conflict in Syria the way it has entered the conflict in Libya.

US stocks opened higher in early trade on Monday, with the S&P 500 Index gaining 2.49 points, or 0.19 percent, to trade at 1,315.76. The Dow Jones Industrial Average is up 18.31 points, or 0.15 percent, to trade at 12,238.90. The Nasdaq Composite Index advanced 0.28 percent.

U.S. stock index futures pointed to a flat open following three days of gains on Monday, though developments in Japan, Libya and the Middle East kept alive the potential for volatile trading.

After more than two and a half decades on air, television talk-show mogul, Oprah Winfrey, announced the date of her last show.

Brazil's friendly victory over Scotland was marred by a racism row over Brazil striker Neymar after a banana was thrown on to the field while he was lining-up a penalty at the Emirates Stadium, London.

Egypt's first parliamentary election since the fall of president Hosni Mubarak will be conducted in September, a member of the Supreme Council of the Armed Forces (SCAF) confirmed on Monday.

Ruling out laymen speculation on a connection between the earthquakes that have stuck nations across the world including the powerful Christchurch and Japan ones, a new study has found that large quakes do not cause temblors in far away lands.

U.S. stock index futures rose on Monday, building on three sessions of gains, though developments in Japan and Libya remained in view, suggesting further volatility ahead.