IBT Staff Reporter

Elpida Memory Inc <6665.T>, the world's No.3 maker of DRAM memory, plans to raise 80 billion yen ($992 million) by issuing new shares and convertible bonds, three sources close to the matter told Reuters.

Google+ (or Google Plus) has faced the first major glitch yesterday during the beta version testing period, spamming its users with multiple notification emails, but a quick recovery and public apology were well received by its fans.

Asia's emerging market central banks will need to keep ratcheting up interest rates well after inflation peaks to prevent higher prices from seeping into corners of the economy where they are much harder to dislodge.

Funny took a back seat to explosions and robotic mayhem in the latest weekend North American box office results, according to studio estimates.

Google+ (or Google Plus), the beta version of Google’s new ambitious social networking service is off to a flying start with 4.5 million people reportedly using the service, having signed up via the current invite-only basis, but is Google+ good enough to beat the king of social networking sites - Facebook?

Jaycee Dugard, who was kidnapped as a child and forced to give birth to two children during her 18 years in captivity, told ABC New's Diane Sawyer that she did what she had to do to survive. Dugard, now 31, was eleven years old when she was kidnapped in 1991 in front of her South Lake Tahoe, California home.

Two Indian passenger trains were derailed today in unrelated incidents Sunday, leaving at least 31 dead and 200 injured. One of the trains was the Kalka Mail train; the train jumped the track on its way to New Delhi this afternoon. Rescuers are searching for survivors in its debris.

British government lawyers are drawing up a plan to block Rupert Murdoch's bid for the pay-TV operator BSkyB, the Independent newspaper reported on Monday.

Circumcision will be banned in San Francisco if a November ballot initiative passes, prompting many to charge that the initiative is anti-Semitic. Jewish people are furious, saying that circumcision, the removal of foreskin eight days after a male baby is born, is part of their religion and that this is yet another example of Anti-Semitism akin to Mel Gibson's consistent hostility towards Jews.

Prince William and Catherine of Cambridge concluded their three-day visit in Southern California on Sunday, and departed for London.

President Obama said today that a debt deal with Congress needs to be devised within the next 10 days and will meet with top lawmakers at the White House tonight. Aides aid that the president will make one last push for major deficit reduction deals.

Construction is ongoing at just a few blocks north of Columbia University's main campus in Manhattan, where the school is erecting a massive multi-story science center that will house about 1000 scientists from multiple academic fields to advance brain science.

Wichita, Kansas native Dr. Mila Means, a physician trying to open an abortion clinic in Wichita, received a letter kindly advising her to check under her car every morning recently. The letter went on to say, because maybe today is the day someone places an explosive under it.

Microsoft and Oracle are threatening Android-based phone makers, who had been enjoying the free OS from Google, with patent infringement and requesting to make a large payment, giving Apple an opportunity to widen the gap in the rivalry mobile OS competition.

The Center for Disease Control and Prevention and the Arizona Department of Health said Friday that a man who recently traveled to Germany was infected by the German E. coli outbreak. The man died from kidney complications.

BSkyB shares will be under pressure again in the coming week after a weekend in which politicians ramped up their rhetoric to derail a proposed $14 billion takeover by U.S. media conglomerate News Corp .

An Apple iPhone is much cheaper to build than a HTC Thunderbolt, according to a recent smartphone teardown report by iSuppli.

Android-based phone makers are at a stake of paying a large sum of money to Microsoft and Oracle for patent infringement, giving a chance for Apple’s iOS and iPhone to widen the gap between the rivalry mobile OS match.

Alarmed by widening accounting debacles at U.S.-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago.

Alarmed by widening accounting debacles at U.S.-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago.

Italy's government scrambled to present a united front and defend the embattled economy minister on Sunday, hoping to soothe market fears that triggered a sell-off in Italian stocks and bonds last week.

A dismal U.S. jobs report. A European debt crisis for which there is no quick fix. Slowing growth in China.

Media baron Rupert Murdoch flew into London on Sunday to tackle a phone-hacking scandal that has sent tremors through the British political establishment and may cost him a multi-billion dollar broadcasting deal.

Don't be fooled into thinking there's really a video of Casey Anthony confessing to the murder of her daughter on Facebook.

The existing European rescue fund now in place is not large enough to protect Italy as it was never designed to do that, an unnamed European Central Bank source was quoted telling Die Welt newspaper on Sunday.

Reports suggest that Manchester United are continuing their pursuit of Inter Milan midfielder Wesley Sneijder as they look to sign a fourth player in this season's transfer market.

Movie could get topped by Harry Potter and the Deathly Shallows Part 2 next week.

David Beckham was in red-hot form for LA Galaxy as Los Angeles moved five points clear at the top of the Western Conference after a 2-1 win over Chicago Fire.

Popular 80s TV show is coming back thanks to TNT.