One of World's Largest Diamonds Sold for $12M
One of the world's largest diamonds, the 603-carat “Lesotho Promise Diamond,†was sold on Monday for $12.36 million, announced Gem Diamonds, the former owners of the diamond.
Remote Workers Engage in Risky Online Behavior
Most employees working away from the office say they are aware of security risks surrounding them and their data, however a new report released on Monday indicates they still engage in risky online behavior.
Airbus CEO Resigns, Successor Named
Following more than 3 months at the helm of the embattled Airbus jet-making division of parent company EADS, the division's CEO, Christian Streiff resigned on Monday. The EADS board announced that his replacement would be Louis Gallois, the current Co-CEO of the company.
UN Nominee Hopes to Help Resolve N. Korean Nuclear Crisis
The South Korean UN Secretary-General nominee said on Monday he would work towards resolving the North Korea's nuclear bomb test crisis.
Microsoft Vista, Office on Track: Analyst
The world's largest software maker, Microsoft Corp., released a more matured version the pre-release version to its Windows Vista operating system on Friday, prompting some experts to restate their confidence that the anticipated software will not face further delays.
YouTube Acquisition May Be Positive: Analyst
The Wall Street Journal reported this Friday that search leader Google is in active talks to acquire online video site, YouTube, for $1.6 billion; a move some analyst believe is in Google's best interests.
WTO Urges Further Reforms in Kyrgyzstan
The Kyrgyz Republic has made impressive progress since its economic and political transition to a market-based economy, but some continued reform remains important, the WTO Secretariat reported on Monday.
Google Partners with Warner, Sony for Music Videos
Google announced a number of partnerships on Monday in an effort to expand its Google Video service, adding music videos from two major record labels through an ad-supported model.
Sony Introduces HD Surgery Equipment
Sony Electronics introduced high-definition technology for medical surgery on Monday, rolling out equipment allowing practitioners to see details of patients at never-before resolutions.
Different Online Social Networks Draw Different Age Groups: Report
Not all online social networks are the same, according to new research released this week. Internet research firm, comScore Networks, said on Thursday that significant age differences exist between the user bases of these websites.
Czech Disk Storage Market Soars
Revenue from disk storage in the Czech Republic is expected to surge in 2006 according to market research firm, IDC.
Microsoft Releases Final Test Version of Vista
The world's largest software maker released what is to be the final test version of its next-generation operating system, quelling fears that the new product may face further delays.
Autodesk Discovers Backdated Stock Option Grants
Software firm Autodesk announced late Friday afternoon that an ongoing internal review of the company's stock-options grants has uncovered issues with backdating.
Google Search to Help Software Engineers
Google is introducing a new search service designed to assist software engineers.
Starbucks Aligns Music Catalog With iTunes Music Store
Starbucks favorites are now available on iTunes, part of an alliance announced Thursday.
India PM Suggests Flexible Labor Laws
Indian Prime Minister Manmohan Singh said on Friday his government is focusing on boosting economic growth by creating a broad consensus with trade unions and political parties.
Cisco Systems, DHB Networks Bring Wi-Fi to Dublin
Cisco Systems announced on Friday that it has completed an outdoor wireless network together with DHB Networks, improving public safety and driving economic development in Dublin, Ohio.
Dell to Hire Customer Support Employees
Dell announced that it is looking to hire more employees for its Ottawa customer service center on Friday, as well as create additional training programs for its existing employees.
Air Canada Traffic Drops in Sept.
Air Canada flew 0.4 percent fewer revenue passenger miles in September this year compared to the same period last year. Revenue passenger miles are defined as the number of available seats sold.
EIB Offers $38M in Loans to Bulgarian Private Sector
Small and medium businesses in Bulgaria will receive a $38 million (€30 million) loan from the European Investment Bank, the EU institution said on Thursday.
Starbucks Sets New Goal of 40,000 Stores Worldwide
Coffee Retailer Starbucks Corp. raised its target for total number of stores worldwide from the previous goal of 30,000 to 40,000 on Thursday.
Wal-Mart Drug Rollout Four Months Early
Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.
IMF Cautions Denmark on Economic Growth
The International Monetary Fund urged Denmark on Thursday to slow its economic growth for next year by issuing higher interest rates.
UN: Globalization Should Include Developing Countries
Developing countries lacking in infrastructure and skills will not benefit from economic globalization regardless of open market access, a United Nations trade official said Wednesday.
Target Sales up 13.4 Pct. in September
Retailer Target Corp. reported its net sales for the five-week period prior to September 30, were up 13.4 percent.
UK Prepares for Wireless Transmitter iPods
U.K. telecoms regulator Ofcom has published draft regulations that will legalize the use of wireless transmitters for iPods and other MP3 players.
Myspace Website Draws Older Crowds: Report
Significant age differences exist within the user bases of different social networks a new study finds, noting more than half of Myspace.com users are 35 or older.
Intel Unlikely to Acquire Nvidia Corp.
Nvidia Corp. shares surged more than 8 percent on Wednesday amid speculation that the graphics firm may be acquired by Intel Corp, however experts said on Thursday that a sale would be irrational.
Nintendo Wii Production Ahead of Schedule
Nintendo is ramping up production of its next-generation Wii game-console, indicating that the firm should meet its expected shipment dates for this year.
No Further Windows Vista Delay Likely
Microsoft may be on track to deliver its highly anticipated next-generation operating system, one expert contends.