IBT Staff Reporter

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Could Skype Gain as Much as Microsoft from Deal?

With the $8.5 billion acquisition of Skype having been confirmed, it remains to be seen if Microsoft Corp., with access to Skype's desktop and mobile apps, can use the technology to upgrade its line of existing services.
Oct 15, 2011

G20 maintains pressure on euro zone over debt crisis

The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.
Oct 15, 2011

G-20 Maintains Pressure on Eurozone Over Debt Crisis

The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
Oct 15, 2011

Energy Conversion bond holders hire advisors-source

Debt holders of Energy Conversion Devices have formed an ad-hoc committee and hired legal and restructuring advisors, as the company faces the same pressures that led to the high-profile bankruptcy of Solyndra, said a source familiar with the matter.
Oct 15, 2011

Computer great Dennis Ritchie dies at 70

The world has lost another computer pioneer. Dennis Ritchie, the computer scientist who invented the C programing language and co-developed the Unix operating system, has died at the age of 70.
Oct 15, 2011

Opening Day for the iPhone 4S Starts Early

It was 68 degrees by 8:00 in the morning Friday, but the loyal fans who had lined up outside the Apple Store at 1 Stockton Street in San Francisco had already braved (slightly) less hospitable temperatures.
Oct 15, 2011

Ford UAW contract gains support in ongoing vote

Union leaders lobbying to win ratification for a proposed four-year contract with Ford Motor Co won new support in a close vote with five days remaining, a union online update showed on Friday.
Oct 14, 2011

Leave me be, says Lohan, I am working hard

Actress Lindsay Lohan on Friday struck back at suggestions she was shirking tasks assigned to her under a court-ordered probation, saying the media speculation to that effect has no truth to it.
Oct 14, 2011

Film looks at life of ex-spymaster William Colby

When the body of former CIA director William Colby was found underwater near his vacation home in Rockpoint, Maryland 15 years ago, no one suspected murder, but his son Carl Colby has never ruled it out.
Oct 14, 2011

Pentagon turns to Silicon Valley for leads

When the Department of Defense decided it needed a device that could detect heartbeats from hundreds of feet away, it didn't know where to look. So it turned to some tech-savvy friends: venture capitalists.
Oct 14, 2011

AMR management, pilots move ahead on contract talks

American Airlines, a unit of AMR Corp , and its pilots planned weekend contract talks amid fresh signs the two could be nearing a deal after five years of mostly bitter bargaining, chiefly over wages and job protection.
Oct 14, 2011

U.S. delays China currency manipulator report

The U.S. Treasury Department said it would delay until later this year a ruling due on Saturday on whether China was manipulating its currency to gain an unfair trade advantage.
Oct 14, 2011

Apple's iPhone draws hordes again, powers shares

Apple Inc's new iPhone debuted with a splash across the globe, spurring thousands to queue around city blocks and snap up the final gadget unveiled during co-founder Steve Jobs' life.
Oct 14, 2011

Wall Street racks up second week of gains

Stocks scored their first back-to-back weekly gains since early July on Friday, on strong Google earnings and as investors kept riding the optimism for a solution to the euro zone's debt crisis.
Oct 14, 2011

U.S. budget gap widens, tops $1 trillion for third year

The U.S. budget gap widened slightly in fiscal 2011, staying above $1 trillion for a third straight year and providing fodder for a political battle over taxes and spending ahead of next year's presidential election.
Oct 14, 2011

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