IBT Staff Reporter

The continuing Web rumor about Facebook starting to charge users began with a hoax message rolling out and spreading virally, shortly after the site introduced the Timeline and Ticker, claiming that the users will have to pay for the new profile changes.

China is moving to choke off funding avenues to developers across the country, tightening or eliminating credit options in a bid to slow the rampant property market and bring down prices without sending the broader economy into a crash.

European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.

European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.

Lenovo Group Ltd, the world's No.3 PC brand, has entered into a $300 million venture with contract laptop PC maker Compal Electronics Inc in eastern China, the companies said, pushing their shares up sharply.

Samsung is all set to ship Galaxy Tab 8.9 on October 2 and the company offered a glimpse of its new tablet on Monday.

Asian shares rebounded and the euro clung to gains on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis.

Mobile operating systems developed by Asia's top technology firms will at best only chip away market share from dominant leaders Google's Android and Apple's iOS.

G20 labor ministers meeting on Monday and Tuesday in Paris face the tricky task of trying to boost job creation in the face of a fast-deteriorating economic outlook without undermining already strained public finances.

The business model of the big four accounting firms of Deloitte , PwC , Ernst & Young and KPMG is under attack from the European Commission, the Financial Times reported on Tuesday.

Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.

Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.

European Central Bank officials said on Monday they were keeping their options for a rate cut open, lifting markets, even as Luxembourg's Yves Mersch warned speculation of a sharp move next month was wild.

When somebody who has been played by Justin Timberlake in a Hollywood movie decides to throw a party, the expectations are pretty high.

Apple Inc shares slipped on Monday following an analyst report that said the company was cutting orders from suppliers of parts for its iPad tablet.

New York State Senator Jeffrey Klein introduced a new cyber-bullying bill on Monday, saying outdated pre-digital harassment laws fail to punish bullies who use the Internet and smartphones to torment others.

JPMorgan Chase & Co is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman's estate in the days leading up to its record bankruptcy.

Boeing Co workers presented the company's first 787 Dreamliner in the pouring rain to All Nippon Airways <9202.T> on Monday, capping nearly a decade of development of the world's most advanced jetliner.

Online video rental company Netflix Inc said it won pay TV rights to Dreamworks Animation movies starting in 2013, the first time a major Hollywood studio has chosen an Internet streaming player over a traditional cable channel.

Preemptively acting would reduce the pressure needed to get euro zone politicians to tackle the region's debt crisis, European Central Bank Governing Council member Jens Weidmann said on Monday.

The Greek government began a race for parliamentary approval of a stepped-up austerity package vital to keep the debt-laden euro zone state afloat and buy time for Europe to approve new rescue measures.

Top heavyweights from the $1.3 trillion exchange-traded fund industry are bracing themselves for a shift in how their fast-growing but relatively opaque products are marketed, distributed and regulated.

Warren Buffett's conglomerate Berkshire Hathaway will launch a share buyback program, an unprecedented move from Buffett that comes after months of investor complaints that the stock is undervalued.

Three hedge funds run by New York financier and philanthropist Ezra Merkin won dismissal of civil lawsuits accusing them of being part of swindler Bernard Madoff's massive fraud.

Stocks rose on Monday as sentiment swung toward hope that European officials would find a way to cut Greece's debt and shore up European banks.

U.S. stocks have had a such a miserable quarter that investors might just have to buy a whole load of them this week.

A host of cases have come to the National Labor Relations Board over whether employers fairly terminate employees for Facebook, Twitter and other social media posts.

Two top Federal Reserve officials on Monday defended the central bank's most recent effort to boost growth, and one suggested further steps may be justified.

The Dow and S&P 500 rose on Monday on optimism euro zone officials would develop plans to slash Greece's debt and shore up European banks, but tech stocks fell on a report Apple Inc was cutting back on some key orders.