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Ex-Olympus CEO says in contact with FBI

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The former chief executive of Olympus Corp said on Tuesday he was in contact with the U.S. Federal Bureau of Investigation , which is probing massive advisory fees linked to the Japanese company's takeover of a British company.
Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Newsmaker: The 'Emperor' of Olympus, Protector No Longer

When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an umbrella, a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.
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Strong licensing helps ARM beat expectations

Britain's ARM Holdings reported strong licensing of its chip designs in the third quarter, helping it beat market expectations and offset current weak demand in consumer electronic markets ahead of the holiday season.
Olympus Corp President Kikukawa speaks during a news conference in Tokyo

The 'Emperor' of Olympus, Protector no Longer

When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an umbrella, a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.
IBTimes Logo

The emperor of Olympus, protector no longer

When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an umbrella, a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.

Islamic Party Claims Victory in Tunisia

Moderate Islamists claimed victory Monday in Tunisia's first democratic election, sending a message to other states in the region that long-sidelined Muslim parties are challenging for power after the Arab Spring.
Victoria Beckham

Victoria Beckham's Fashion Label set to Earn over $96 Million

Victoria Beckham's eponymous label has generated sales in excess of $24 million during the first quarter of 2011. It is further believed that if this trend continues, the designer could very well generate over $96 million from her fashion line.
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Netflix warns of Q1 loss, Q4 drop in DVD customers

Netflix Inc warned of continued steep declines in DVD subscribers this quarter and said a costly expansion into Britain and Ireland would push it into the red in the first quarter, walloping its shares.
A screen grab shows the access to Netflix online as displayed on a television screen in Encinitas

Netflix Warns of More Cancellations, Shares Drop

Netflix Inc lost more customers than it anticipated in the third quarter and warned of still more defections to come, pushing its shares down almost 20 percent as the one-time Wall Street star grapples with the fallout from a price hike and other unpopular moves.
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WikiLeaks says blockade threatens its existence

WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial blockade by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said on Monday.
Stuart Walker

Stuart Walker's Brutal Murder in Cumnock: Will Gay Hate Crimes Ever End?

Stuart Walker, a young gay hotel manager and barman, was found tied, beaten and burned alive in Cumnock, Scotland this weekend. Though police will not confirm that Walker was the victim of a hate crime, his death, evoking as it does the legacy of Matthew Shepard and the rash of gay teen suicides in North America, is a testament to how far the LGBT movement still has to go, and how stark a reality dying for who you love can still be for gay teens and adults.
News Corp Faces Two-Front Piracy Accusations in Australia, UK

James Murdoch to Reappear Before Parliament

James Murdoch will appear before the British parliament once again on Nov. 10 to discuss the News of the World phone-hacking scandal, the Media, Culture and Sport Committee announced Monday.

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