Clinton urges Internet freedom, condemns cyber attacks
U.S. Secretary of State Hillary Clinton on Thursday called for an unfettered worldwide Internet and urged global condemnation of those who conduct cyber attacks, as China sought to contain tension with the United States over the hacking and censorship of Google.
Daily Forecast - 22/1/2010
The Aussie dollar bounced back from sub 91 cents to a 0.9135 in Asia yesterday with the release of Chinese economic data which signalled a strong performance in Q4 2009 and indeed throughout the calendar year.
Cruising on the Carnival Pride Resort Ship
Once you board the majestic Carnival Pride resort ship, you are in the world of pleasure. For the next seven days, there is nothing to worry about. You are pampered and well fed. Exotic destinations wait for you to explore. And, most of all, you will not be bored.
Boosted by Intel, AMD posts surprise profit
Advanced Micro Devices posted a fourth quarter profit on Thursday after the close, boosted by a settlement payment from rival Intel.
What kind of trading Obama is looking to reduce
President Barack Obama is looking to reduce proprietary trading at the biggest financial firms to help stabilize the financial system.
Market sinks as Obama takes aim at banks
Stocks suffered their worst one-day percentage drop since October on Thursday as U.S. President Barack Obama proposed tough restrictions on banks that would squeeze profits.
Jobless claims up, regional manufacturing dips
The number of U.S. workers newly applying for unemployment benefits unexpectedly rose last week and regional manufacturing slipped in January, hinting at some slowing in the pace of economic recovery.
Google posts strong Q4 profits
Google on posted big profit and sales gains for the fourth quarter as it continued to see an increase in the number of users clicking its online advertisements.
Google boosts fourth-quarter revenue
Google Inc's fourth-quarter revenue grew 17 percent, beating Wall Street expectations, as advertisers and Web surfers turned to the Internet search engine during the holiday shopping season.
Stocks close lower on Obama proposal, despite strong earnings
The S&P 500 index fell on Wednesday as stocks declined following President Barack Obama's announcement of his proposal for new bank regulations.
Skype outage leaves site down in US and Europe
Skype users worldwide were unable to log in to their accounts on Thursday.
Blockbuster shares, bonds down on forecast
Shares of Blockbuster Inc tumbled 32 percent on Thursday, a day after the U.S. video rental chain announced a disappointing forecast and as concerns grew about its future viability.
ICANN approves first four international domain names
Since the internet's creation in the 1980's, web domains have always been written with the Latin alphabet, until now.
Obama's bank overhaul statement (full text)
President Barack Obama proposed on Thursday new limits on financial risk-taking.
Motorola to tap Baidu, others for China search
Motorola Inc is letting consumers in China use Baidu Inc or others as default Web search services instead of Google Inc's service, even on phones using Google's Android software.
Motorola moves to push Android in China without Google
Google's spat with China could affect Motorola as it vies to crawl back into the mobile market, but recent partnerships will allow it to peruse the China's mobile market alone.
Oil falls over 2 percent
Oil prices fell more than 2 percent to a 2010 low around $76 a barrel on Thursday, after government data showed a sharp drop in U.S. refining activity to nearly its lowest level in 25 years, indicating weak demand for fuels.
Goldman trims pay, posts profit as shares fall
Goldman Sachs Group Inc , under fire for gold-plated pay packages, cut average pay per employee by about a quarter from record 2007 levels, helping boost its profit to a record.
Blockbuster shares tumble 32 percent on forecast
Shares of Blockbuster Inc tumbled 32 percent on Thursday, a day after the U.S. video rental chain announced a disappointing forecast and as concerns grew about its future viability.
Stocks fall as Obama takes aim at banks
U.S. stocks dropped on Thursday as President Barack Obama took a tough stance on financial institutions, proposing rules to make the system safer by preventing the biggest banks from taking excessive risks.
Shareholder sues to block Cedar Fair-Apollo deal
A shareholder sued the management of Cedar Fair LP, a theme park operator, for agreeing to sell the company too cheaply to Apollo Management and asked a judge to block the deal, according to court documents.
Technology spending expected to rise in 2010
The IT industry should see moderate growth of nearly 5 percent according to a new report.
Stock market fall as Obama takes aim at banks
U.S. stocks dropped on Thursday as President Barack Obama took a tough stance on financial institutions, proposing rules to make the system safer by preventing the biggest banks from taking excessive risks.
YouTube turns to pay-per-view model for movies
YouTube, the world's most popular free video website announced it is now venturing into the pay-per-view market online.
US Supreme Court allows corporations to fund political campaign freely
The U.S. Supreme Court ruled on Thursday that corporations can spend freely to support or oppose for presidential and congressional elections.
Supreme Court ruling a landmark for corporate political cash
Corporations can spend freely to support or oppose candidates for president and Congress, the Supreme Court ruled on Thursday in a landmark decision that allows massive sums to be spent to influence future elections.
U.S. airlines beat Wall Street but investors eye outlook
Continental Airlines Inc and Southwest Airlines Co results topped Wall Street estimates as more people booked flights and ticket prices rose, but the airlines said Thursday the path to recovery would be rough.
Pelosi says Senate health bill cannot pass House
House Speaker Nancy Pelosi said on Thursday she did not think the Senate's version of healthcare reform had enough support to pass the House of Representatives without changes.
EA tees off on Tiger Woods console game in June
Video game publisher Electronic Arts Inc said on Thursday it will introduce the next version of its Tiger Woods console video game in June despite the star golfer's public relations nightmare and decline in popularity following his adultery scandal.
Clinton condemns Internet censorship
Hillary Clinton made unrestricted Internet access a US foreign policy priority, and urged China to investigate alleged cyber-attacks originating from its borders.