IBT Staff Reporter

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Adele to Grace the VMA Stage For The First Time Ever

It was recently announced that Grammy winning artist, Adele, will be gracing the VMA stage for the very first time this August. The English singer-songwriter has definitely risen as one of this years superstars with her hit album "21." "The British chanteuse is up for seven nods for her emotional "Rolling in the Deep" video, including Best Female Artist, Best Pop Video, Best Art Direction, Best Cinematography, Best Direction, Best Editing and the night's big prize, Video of the...
Jul 28, 2011

Android Devices Being Returned En Masse?

During Google's earnings call on July 14, it was revealed that 550,000 android devices were being activated every day. However, the article states that 30-40% of all activated android devices are being returned.
Jul 28, 2011

Sprint results disappoint, shares off 16 percent

Sprint Nextel lost more subscribers than expected in the second quarter and warned that the rate of customer defections would increase in the current quarter, sending shares tumbling 17 percent.
Jul 28, 2011

2007 Arctic Fire Released Reflected Rapid Warming: Study

A 2007 wildfire in northern Alaska released as much carbon as the entire Arctic tundra absorbs in one year, scientists said. The Anaktuvuk River fire spanned 400 sq miles and doubled the amount of Alaskan tundra affected by fire since 1950.
Jul 28, 2011

Trial of Egypt's Mubarak to be held in Cairo

The trial of Hosni Mubarak and others over their involvement in killing protesters will be held in Cairo next week, a senior official said on Thursday, ending talk it could be moved to a resort where the former president is hospitalised.
Jul 28, 2011

Trojan Asteroid Discovered in Earth's Orbit

Astronomers discovered earth's first Trojan asteroid dubbed "2010 TK7" rotating the sun in earth's orbit. It is 300 meters wide and about 48 million miles from earth.
Jul 28, 2011

S&P: U.S. deficit cuts of $4 trillion a good downpayment

A U.S. deficit reduction plan that promises $4 trillion in savings over time would be a good downpayment on getting the country's strained public finances under control, said John Chambers, chairman of S&P's sovereign ratings committee.
Jul 28, 2011

'World Hepatitis Day': Singers Join in Fight Against Soaring Hepatitis Rates

In support of rock legend Gregg Allman and R&B artist Natalie Cole's battle with Hepatitis C, the Allman Brothers Band put on a star-studded benefit show at New York's Beacon Theatre. Roughly 130 million injection drug users worldwide suffer from hepatitis C, according to a study published online by World Health Organization said on Tuesday, "World Hepatitis Day."
Jul 28, 2011

Analysis: Rick Perry run would test Romney's mettle

Republican presidential front-runner Mitt Romney has been on a glide path toward the 2012 primary elections, serving up a steady diet of soundbites and campaign material attacking President Barack Obama on jobs and the economy.
Jul 28, 2011

Sprint results disappoint, shares fall 16 percent

Sprint Nextel posted second-quarter profit margins well below Wall Street estimates, sending its shares down 16 percent as the No. 3 U.S. mobile provider still lost more subscribers than expected despite spending heavily to fight off rivals.
Jul 28, 2011

Polanski, Le Carre lead Venice film lineup

Roman Polanski's "Carnage" and Tomas Alfredson's adaptation of John Le Carre's Cold War thriller "Tinker, Tailor, Soldier, Spy" will be among highlights at the 2011 Venice film festival, organizers said Thursday.
Jul 28, 2011

Google+ Usage and Traffic Drops, Games Could Revive Momentum

The newest social network from Google came out of the gates red hot after reporting a 238% increase in visitors for the week of July 16. Google+ racked up 20 million users during its trial run and even courted desperate users to bid for invitations on Ebay. But as traffic and usage time begins to decline, the search giant may need to look towards other options in retaining its users.
Jul 28, 2011

James Murdoch to stay on as BSkyB chairman: sources

James Murdoch is to stay on as chairman of BSkyB after the British satellite broadcaster's board voted unanimously in his favor, two sources with knowledge of the situation told Reuters on Thursday.
Jul 28, 2011

Wall Street gains as debt vote nears

Wall Street gained momentum on Thursday, with the Nasdaq up about 1 percent before a key vote in Congress on a plan to prevent a U.S. default.
Jul 28, 2011

Jobless claims, housing data offer economic hope

The number of Americans claiming new jobless benefits hit a three-month low last week and contracts to buy existing homes rose in June, hopeful signs for an economy that has struggled to regain momentum.
Jul 28, 2011

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