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Apple makes way to Samsung as richest cell phone maker

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Samsung has overtaken Apple as the most profitable cell phone maker in the world. While Samsung’s share of the global handset market rose to...
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US economy improving at “tepid” rate, says IMF

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The United States economy is improving, says the IMF, describing the country’s recovery as “tepid”. It noted gains in house prices and stock markets,...
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Activision goes independent

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The biggest U.S. video-game publisher Activision has just gone independent after the company and a consortium led by Chief Executive Officer Bobby Kotick bought...
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Oil company ‘Halliburton’ admits destroying gulf spill evidence

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The U.S. Justice Department has just announced that the oil company Halliburton will plead guilty to criminal charges after admitting that they destroyed evidence...

Hedge fund SAC Capital indicted by feds

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Steven A. Cohen's $10 billion dollar group of hedge funds "SAC Capital" has just been indicted by the Manhattan federal court on charges of four counts of securities...
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Facebook seems to be doing something right as shares shoot up

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Mark Zuckerberg is tickled pink at the moment as his net worth jumped up $3.7 billion dollars after Facebook's second quarter earnings report. Facebook share prices...