Softbank in takeover talks with DreamWorks
Softbank Corp. and DreamWorks Animation SKG are talking about an acquisition deal said to be worth about $3.4 billion. Softbank, a major Alibaba shareholder,...
London FTSE fell 2.76 percent in one week
London’s FTSE fell 2.76% in just one week, its sharpest decline since June 2013, including the 9.68-point marginal gain to 6,649.39 at the end...
PEOPLExpress suspends flights until October 16
PEOPLExpress announced that it was suspending its service temporarily until ‘about’ October 16th. The low-cost airline said problems with maintenance, crew availability, an airplane...
Data breaches reach record levels in 2014
In 2014 so far, there have been 568 data breaches involving more than 75 million records, of which 56 million occurred at Home Depot...
Oil found in the Arctic by Exxon and Rosneft
A potentially large Russian Arctic oil well has been found by Exxon and Russia’s state-owned energy company Rosneft, the two firms announced on Saturday....
Man in Ohio raised $55,000 in a joking crowdfunding appeal to help him make...
Perhaps this is crowdfunding at a new level. A man in Ohio raised a staggering $55,000 in a joking crowdfunding appeal to help him...
US economy grew at an impressive 4.6 percent annual rate in Q2 2014
The US economy has rebounded, with the economy growing at a 4.6 percent annual rate in Q2, according to the Commerce Department.
Second quarter...
BlackBerry CEO Chen says company had a “solid quarter”
BlackBerry Ltd has had smaller than expected second quarter loss. John Chen, CEO of BlackBerry, said that the company had a “solid quarter” and...
UKIP gains another Tory, the second in four weeks
The UK’s anti-EU party, UKIP, gains another Conservative as Mark Reckless, Member of Parliament (MP) for Rochester and Strood, announces his decision to abandon...
IMF cannot lend Zimbabwe any more money
Zimbabwe has run up arrears on repayments on previous debts with the IMF (International Monetary Fund), which said on Saturday that it cannot lend...