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Visitors watch a presentation about cloud computing at an IBM booth

Nearly 28 pct American firms using cloud computing

Illinois based computer hardware and software supplier, in a poll conducted last month, confirmed that nearly 28 percent of all US organizations are using cloud computing and another 73 percent reported that their first access to cloud was through a single cloud application
A visitor plays with a tablet PC at the Intel booth during the Computex 2011 computer fair at the TWTC Nangang exhibition hall in Taipei

Who doesn't want to own a tablet?

A new study by technology giant Samsung has revealed that more than 85 percent of US consumers, aged 18 and above, either own a tablet or are planning to purchase one.
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Apple Inc. CEO Steve Jobs gives a wave at the conclusion of the launch of the iPad 2 on stage during an Apple event in San Francisco, California March 2, 2011.

What Does iCloud Mean to Apple?

Technology giant Apple is expected to unveil iCloud, the company's upcoming cloud services offering, at its annual Worldwide Developers Conference (WWDC).
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Sputtering U.S. Economy, Look Out Below!

The slowdown has begun. The economy has started to sputter and unemployment claims have tipped 400,000 for the last seven weeks. Manufacturing is cooling, the housing market is struggling and consumers are keeping a close eye on spending, meaning the U.S. economy might be on a slower path to full health than expected.

Apple iOS 5-powered iPhone 5 – playing catch up or beating Android?

Apple iOS 5 powered iPhone 5 may not be debuting after all at Apple Worldwide Developers Conference (WWDC) next week, leading people to wonder whether the next generation smart phone will be playing a catch up game or whether it is prowling for the right opportunity to reveal itself and blast its rivals into oblivion.
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Brent oil, below $115, set for worst month in a year

Brent crude oil fell below $115 a barrel on Monday, heading for its first monthly decline this year, as investors weighed the prospect that Europe's debt crisis and a sputtering U.S. economy may slow demand.
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The Fed Is NOT Printing Money With QE2

We're in no danger of hyperinflation because the Fed is not printing money. That's not what the program is all about. Instead it was a gamble meant to lift the prices of stocks and commodities, which it did - but which could now colapse very quickly when QE2 ends.
Syria's President Bashar al-Assad

Will Assad stay in power or leave?

More than two months ago on March 21, demonstrators in Daraa set fire to the ruling Baath Party’s headquarters and government buildings. Police officials started gunning down the crowd reportedly killing hundreds by March 24. The total may have exceeded 5,000 now, reports say.
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Apple eyes adultery in Samsung marriage

Apple and Samsung have a love-hate relationship as they both rely on each other for business, but also compete across a number verticals. Recently however, that relationship has gotten more tense.

Microsoft aims for post-PC ubiquity with Windows 8

Microsoft is making progress in prepping the next version of its ubiquitous Windows operating system, with new architecture promising a departure from its PC centric roots, and positiong the company to capitalize on new emerging form factors.
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Crude oil futures up in Asia trade

Crude oil futures advanced in Asian trade on Friday amid weak U.S. dollar, which made commodities including oil more affordable for investors holding other currencies.
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Do Higher Interest Rates Always Hurt The Gold Price?

The evidence from China, for example, suggests that while higher rates certainly have the potential to dent gold demand, far more important drivers are inflation and growth. China's experience may not be typical, but it's certainly worth examining. China is the world's second biggest gold market after India.
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Gold prices likely to stay high in coming months

Gold prices may continue to stay at high levels in the coming months as investors seek the metal as a safe haven investment on concerns about faster inflation, slowing global economic recovery and geopolitical crisis, according to China National Gold Group Corporation (CNGGC).
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Crude oil trades near $99 a barrel

Crude oil prices declined in Europe trade as strengthening U.S. dollar and weaker-than-expected decline in U.S. crude stockpiles weighed.
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Why Twitter Bought TweetDeck

Microblogging site Twitter is said to have acquired popular Twitter application TweetDeck by paying more than $40 million.

Was the hint of launching Windows 8 too early?

The coming of the next version of Windows in 2012, as announced by Microsoft CEO Steve Ballmer during a speech at a developer conference in Tokyo might just be a speculation as the company is yet to confirm on its date and OS features, reports PC World.
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Oil jumps $2 after high Goldman Sachs forecast

Oil rose more than $2 per barrel on Tuesday, taking Brent crude futures to almost $113, after Goldman Sachs increased its forecasts for the North Sea benchmark, citing strong fuel demand growth.

Why Israel refuses 1967 borders?

United States President Barack Obama, as part of the Middle East peace speech on Thursday, called for two-state solution to the Israel-Palestinian conflict, which would be based on the 1967 accords.
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Princess's toilet seat hat sells for $131,000

LONDON (Reuters Life!) - The much-mocked hat worn by Princess Beatrice to Britain's royal wedding last month -- widely described as looking like a toilet seat -- sold for 81,100 pounds ($131,000) on eBay, charities which will benefit from the sale said.
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U.S. crude oil falls below $97 as dollar jumps

Oil fell sharply on Friday with U.S. light crude tumbling more than $2 toward $96 per barrel as the dollar rose and investors worried about the outlook for global growth and about the health of the euro zone.

LinkedIn IPO May Spark Another Tech Bubble

Shares of LinkedIn soared as high as $122 on its first day of trading on New York Stock Exchange, bringing back memories of tech bubble in late 1990s when investors lapped up internet firms.

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