The U.S. Congress has decided to put Stop Online Piracy Act (SOPA) and Protect IP Act (PIPA or SOPA's counterpart in the Senate) on indefinite hold, following a flood of protest against the two controversial anti-piracy bills. The Web giants have won the first round in this Hollywood vs. Silicon Valley battle. But will the Hollywood giants keep quiet or will it stage a comeback?
CIC did not disclose the purchase price.
Iran's Revolutionary Guard Corps said on Saturday it considered the likely return of U.S. warships to the Persian Gulf more or less routine activity, backing away from previous warnings to Washington not to re-enter the area.
As the United States seeks to mobilize international support for a tough new set of sanctions on Iran, some experts are warning that tightening the economic vise could backfire and embolden the ruling regime.
Amazon.com Inc is setting up its first fulfillment center in India as the world's largest Internet retailer tries to break into the world's second most-populous nation.
Plans to launch a European ratings agency to compete with Standard & Poor's, Moody's Investors Service, and Fitch Ratings are at an advanced stage, and a new private institution could start business as soon as the first half of this year, German businessman Roland Berger told an Italian newspaper.
No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier heads to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd., his offshore bank on the Caribbean island of Antigua.
The winner of South Carolina's Republican presidential primary has gone on to secure the party's nomination in every election since 1980. Mitt Romney must overcome Newt Gingrich in the South Carolina primary on Saturday to retain his aura of inevitability as the GOP's eventual nominee.
The U.S. Congress has the constitutional right to legislate permits for cross-border oil pipelines such as the TransCanada Corp.'s Keystone XL, according to a new legal analysis released late on Friday.
There are already as many as 15 U.S. states that allow patients the use of marijuana, as a legal substitute, to manage their pain and advocates fighting to legalize, regulate and tax cannabis claim they are now near victory.
Yemen's parliament approved a law on Saturday granting outgoing President Ali Abdullah Saleh immunity from prosecution over the killing of protesters, in a bid to push ahead with a plan to ease him out of power and end nearly a year of unrest.
As tough as it may be for Android enthusiasts to choose between two highly acclaimed devices, a roundup of specifications can probably help...
Researchers studying a potentially more lethal, airborne version of the bird-flu virus have suspended their studies because of concerns the mutant virus they have created could be used as a devastating form of bioterrorism or accidentally escape the lab.
Disney Fantasy, the fourth cruise ship of U.S. shipping company Disney Cruise Line, is all geared up first sailing in March, as the ship left its shipyard in Germany on Friday.
New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of cars, artwork and other goods.
Energy conglomerate Reliance Industries reported its first quarterly profit drop in more than two years, and moved to bolster its underperforming shares by announcing a share buyback of up to 104.4 billion rupees.
Major powers signaled on Friday their willingness to reopen talks about curbing Iran's suspected pursuit of nuclear weapons but said Tehran must show it is serious about any negotiations.
The Dodgers are expected to be sold by April 30.
Oil prices fell on Friday, pressured by economic uncertainty ahead of a possible debt deal in Greece, concerns about China's sluggish manufacturing sector, and weak U.S. petroleum demand.
With the crucial Republican presidential primary in South Carolina just hours away, longtime front-runner Mitt Romney is acknowledging what some opinion polls are suggesting: He could lose Saturday.
Digital storage services like Megaupload, which was accused of criminal copyright violations on Thursday, play a small but growing role in a broader piracy problem that continues to evolve and dog the entertainment industry.
Voting on much debated SOPA and PIPA bills could be delayed in the light of recent events.
