COMPANIES

Saudi Prince Alwaleed speaks at a news conference in Riyadh

Prince Alwaleed buys $300 million Twitter stake

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, has bought a stake in Twitter for $300 million, gaining another foothold in the global media industry.

Automaker Saab Files for Bankruptcy

Saab
GM operates in a partnership in China with state-run SAIC Motor Corp. Ltd and contends that providing parts and technology to Saab's new owners had the China investor deal gone through would have run counter to the interest of its own shareholders.
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Gay Couple

Gay Couples Happier and Healthier if Legally Accepted [EXCLUSIVE]

In an effort to continue busting myths that surround homosexual and bisexual lifestyles, researchers at Columbia University's Mailman School of Public Health suggesting that same-sex marriages could cut the number of mental and physical illnesses experienced by those in these relationships.
Knicks

Time Warner NYC, MSG Network Battle Heats Up as Deadline Looms

MSG Network, which airs games of the NBA's Knicks, and hockey games of three New York teams including the Rangers, Islanders and Devils, has a contract with Time Warner NYC that expires on December 31. The parties have been negotiating a new deal for a couple of years but haven't reached a new agreement, and MSG Network which airs games of the New York teams could be off Time Warner cable Jan. 1.
View of the entrance of the new headquarters of Google France before its official inauguration in Paris

Google Inc. CEO's Inner Circle: Meet the 'L Team'

The most powerful group at Google Inc. used to be known simply as The OC, short for operating committee. Now, it goes by a more telling name: L Team, short for Larry's Team. The change is more than a mere rebranding after Google co-founder Larry Page returned to the CEO spot nine months ago.
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Barefoot Bandit to Spend 7 Years in Prison

Colton Harris Moore, better known perhaps as the Barefoot Bandit (so named after a famous crime spree that he committed barefoot), has been sentenced to 7-and-a-half years in prison, after he pleaded guilty on Friday in a Washington state court, on all 33 charges against him.
A months-long delay in Research in Motion's new BlackBerrys and a dreary quarterly report sent RIM shares tumbling again on Friday and pushed some analysts to sound the death knell for the mobile device that once defined the industry.

Americans Getting over Their Addiction to RIM's 'CrackBerries'

To understand what ails BlackBerry maker Research In Motion Ltd. in the U.S. market, just ask eBay Inc. CEO John Donahoe. Recently, his company had a hundred engineers working on apps for Apple's iPhone, another hundred on apps for Google's Android, and only one or two on apps for RIM's BlackBerry.
Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo

Olympus Corp. Tells Lenders Cash Crunch Looms: Report

Japan's disgraced Olympus Corp, whose balance sheet took a massive hit after it admitted to a long-running accounting cover-up, told lenders its cash and deposits could run out in 2015, a newspaper reported on Saturday.
The Yahoo! offices are pictured in Santa Monica - April 18, 2011.

Microsoft, Silver Lake Working on New Yahoo Stake Offer: Source

A consortium of software giant Microsoft Corp., private-equity group Silver Lake, and venture-capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc., a source familiar with the matter said on Friday.
A motorist fills up her tank with gas at an Exxon gas station in Arlington

National Energy Board keeps Arctic drilling provisions

Canada's National Energy Board said on Thursday that any company that wants to drill for oil and gas in Arctic waters will need to demonstrate it has the capacity to sink a relief well in the same drilling season to cope with possible well blowouts
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MPAA anti-piracy legislation point-man blames Google

The fierce debate over anti-piracy legislation currently rocking Capitol Hill is pitting Hollywood against Silicon Valley, and has left some wondering if the latest effort to crack down on illegal downloads will be shot down over free speech concerns.

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