IBT Staff Reporter

Many of the U.S. economic indicators, including the unemployment data on Friday, over the past few weeks have given rise to the false belief that the economy is finally improving.

Twitter's fight to make public the fact that it has been subpoenaed by the U.S. government seeking details about all WikiLeaks-related accounts has now put the light on other internet majors such as Google Inc and Facebook.

Genzyme Corp shares rose more than 3 percent on Monday after French drugmaker Sanofi-Aventis confirmed the companies were in direct talks about a takeover deal.

Astronomers have discovered a supermassive black hole in a dwarf galaxy, giving new clues about a very early phase of galaxy evolution that has not been observed before.

U.S. stock index futures pointed to a lower open on Monday as renewed concerns about the euro zone sovereign debt crisis overshadowed the lift from several large acquisitions.

Meet the hard drive that is almost battle worthy, capable enough to survive the ravages of Iraq or Afghanistan - the IoSafe Rugged Portable, showcased at CES 2011.

Electronics makers are covering all bases as they rush headlong into a smart TV market deemed the next stage of evolution, trying to figure out just what will catch on with consumers using increasingly sophisticated displays in living rooms.

Playboy Enterprises Inc has agreed to be taken private by founder Hugh Hefner, after he raised his bid by 12 percent, ending months of negotiations.

A group of Israeli university lecturers sign a petition boycotting the University Center of Samaria situated in the large West Bank settlement of Ariel.

Research In Motion said on Monday it will filter pornographic internet content for its Blackberry smartphone users in Indonesia, following government pressure to stop access to porn sites or face its browsing service being shut down.

UK department store chain Debenhams Plc said bad weather in December impacted like-for-like sales by 2.5 percent to 3.0 percent for the 19 weeks to January 8.

UK recruitment consultancy Michael Page International Plc reported a 32 percent rise in fourth-quarter gross profit, as most of the growth came from permanent recruitment and said it was optimistic about its 2011 prospects.

Stock index futures were lower on Monday as concerns about the euro zone pressured sentiment and overshadowed news of several big acquisitions.

General Motors unveiled the all-new 2012 Chevrolet Sonic at the North American International Auto Show on Monday.

Sanofi-Aventis shares fell 2 percent on Monday after the French drugmaker said it was in direct talks with bid target Genzyme but that significant differences remained over the price of its offer.

Portugal does not need to apply for EU aid, Spain's Economy Minister said on Monday, as pressure mounted on Lisbon to seek outside help in managing its finances and risk premiums on both countries' debt widened.

Liverpool were dumped out of the FA Cup after a 1-0 loss to Manchester United at Old Trafford in the third round, in Kenny Dalglish's first game in charge.

England soccer star David Beckham and his wife, former Spice Girl singer Victoria Beckham, are expecting their fourth child in summer.

Air France-KLM saw a 2 percent increase in passenger traffic in December after heavy snowfall across Europe and the U.S. that will shave an estimated 70 million euros ($90.36 million) off revenues, the airline group said on Monday.

French drugmaker Sanofi Aventis SA said on Sunday it was in discussions with U.S. bid target Genzyme Corp over ways to value a key Genzyme drug, in a sign the two sides are moving closer to a deal.

The United States and UK have settled a jurisdictional dispute that will allow U.S. inspectors to examine whether the British auditors of Lehman Brothers Holdings improperly cleared questionable accounting, Bloomberg said on Monday.

Nintendo Co plans to ship about 1.5 million units of the 3D-capable handheld game players in Japan in the first month after its launch on February 26, President Satoru Iwata said in an interview with the Nikkei business daily published on Monday.

U.S. stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.44 percent and Nasdaq 100 futures down 0.35 percent at 4:05 a.m. EST.

Walt Disney Co is in discussions on allowing content from some of its television networks to be available on sets embedded with Yahoo Inc's Internet-TV software, the Wall Street Journal said, citing people familiar with the matter.

Credit Suisse , Switzerland's second-largest bank, is taking a tougher stance on bonuses as regulators clamp down on these payouts which came under fire during the economic crisis.

No TV network is ready to fund a project based on Wonder Woman

With the initial curiosity over, Oprah's channel is seeing a decline in viewers, hopefully it will settle at this point and give her good future run

Mozilla's Firefox has replaced Microsoft's Internet Explorer as the most popular web browser in Europe, according to StatCounter, a market-research firm.

U.S. chemicals group DuPont said on Sunday it will buy Danish food ingredients and enzymes firm Danisco for $5.8 billion to boost its position in the fast-growing food sector.