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Nokia looks to sell its luxury subsidiary: FT

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Nokia is to sell its luxury subsidiary Vertu, as the Finnish handset manufacturer overhauls its business in an effort to compete with other smartphone makers, the Financial Times reported on Thursday.

British Financiers Getting Socked By UK Politicians, Central Bankers, Regulators

King
In the past few months, but particularly in the last few days, the British Chancellor of the Exchequer and the Governor of the Bank of England, roughly British equivalents to the American Treasury Secretary and Fed Chairman, have become the bane of the English banking system's existence. Other British government officials have also joined the fray.
Heineken

Heineken links with Facebook in digital drive

Brewing giant Heineken is linking with social networking website Facebook to boost its global digital marketing, with the first fruits of the partnership being an online campaign aimed at making responsible drinking cool.
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Raj Rajaratnam at sentencing

Hedge Funds Getting It From All Sides... Or Not

To hear it from one side, private equity and hedge fund managers are under a veritable siege: under attack from politicians, regulators, an ornery market and uneasy clients. But the hedge fund managers themselves seem to be saying all is good in Greenwich.
People work at a cafe in Taipei in this July 31, 2009 file photo.

Newer Economies Allow more High Tech Freedom at Work

Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
US Navy test flies new drone stealth bomber

U.S. Officials Believe Malfunction, Not Iranians, Downed Drone

The unmanned U.S. drone Iran said Sunday it had captured was programmed to automatically return to base even if its data link was lost, one key reason that U.S. officials tell Reuters the drone likely malfunctioned and was not downed by Iranian electronic warfare.
venice

Finding Love Online: Will Controversial Regulation Prevent Dating Abuse?

There is nothing more unromantic than performing background checks on a potential date, but tales of dating abuse continue to horrify us, prompting governments across the world to introduce controversial regulations which mandates criminal background checks for every user signing up with dating agencies. The potential for abuse in state regulation of dating agencies is huge, as people could demand confidential information of others without proper justification.
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Europe probes publishers, Apple on e-book pricing

The European Commission is investigating whether e-book publishers owned by Lagardere, Pearson Plc, News Corp and two other firms fixed prices with Apple Inc, blocking rivals and hurting consumers.
Alan Brown

Schroders Plc Prefers Cash and Gold, Not Equities

Schroders holds the lowest position possible in equities and has extremely high levels of gold and cash, reflecting its concern about recession in the developed world and a failure to resolve the euro zone debt crisis, its chief investment officer said on Tuesday.
People walk past a board displaying exchange rates in a money exchange house at Times Square in New York

A Culture of Debt

At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.
Ryan Gosling

Bradley Cooper Agrees: Ryan Gosling is 'Sexiest Man Alive' [VIDEO]

Ryan Gosling fans, rejoice: even Bradley Cooper, this year's winner of People's Sexiest Man Alive award, feels pal Gosling is prettier than him. Watch Bradley Cooper proclaim Ryan Gosling the true Sexiest Man Alive of 2011, and relive the rabid reaction by Twitter fans and Buzzfeed editors alike when Gosling was first passed over for the title.
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India urges social media sites to block offensive content

India has asked operators of social media networks, including Facebook and Google, to screen user content and remove any offensive material, the information and telecoms minister said on Tuesday, but denied the move was censorship.

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