IBT Staff Reporter

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Hulu starts sales talks

Online video site Hulu has begun preliminary sales talks with about a dozen potential buyers, including Google Inc, Microsoft Corp and Yahoo Inc, according to a source familiar with the situation.

Manufacturing rises but consumers remain wary

The pace of growth in U.S. manufacturing picked up for the first time in four months in June, surprising investors and fueling optimism the recent economic slowdown will be temporary.

Zynga Officially Files For An IPO; Looks To Raise $1 Billion

The company behind Farmville, Mafia Wars, Words With Friends, Empires and Allies and many other social games has officially filed for an IPO. In doing so, it follows in the footsteps of fellow social comapny, LinkedIn, which had an impressive IPO of its own last month.

Investors revel as housing looks for bottom

Tony Alvarez recalls his doubts as he contemplated the wrecked, two-bedroom foreclosed house up for sale 30 years ago with his real estate agent's reassuring hand on his shoulder.

Strauss-Kahn released without bail

Former IMF chief Dominique Strauss-Kahn was released without bail on Friday after a dramatic court hearing where the sexual assault case against him appeared to shift in his favor.

GM's U.S. June sales below forecasts

General Motors Co on Friday reported a weaker-than-expected gain in June U.S. sales and tempered its full-year forecast for the industry as some consumers were still holding back on buying cars.

Germany's kitchen robots learn to be more human

For your average robot, chess may be easy compared to simple everyday activities like frying a sausage, but that may be about to change thanks to software being developed by scientists in Germany.

Euro zone finmins to hold call on Greece Saturday

Eurogroup President Jean-Claude Juncker moved forward a meeting of euro zone finance ministers scheduled for Sunday in Brussels and changed it to a conference call on Saturday, his spokesman said on Friday.

Lehman says new bankruptcy plan gets wider support

Lehman Brothers Holdings Inc said its second amended $65 billion bankruptcy liquidation plan won support from thirty institutions and affiliates, possibly setting the stage for the end of the biggest bankruptcy in U.S. history.

Strauss-Kahn arrives at NY court for hearing

The sexual assault case against former IMF chief Dominique Strauss-Kahn was close to collapse on Friday, sources close to the case said, in a dramatic turnabout that could upend French politics again.

Google+ Threatens Facebook, China and Google: True or False?

Google+, Google's ambitious project to redefine the future of social media, has created a huge buzz. Google+ has posed threat to different groups in numerous ways - it has attacked boldly on the present social network king Facebook, while China allegedly blocked the access to Google+ with its great firewall, and Google's unpreparedness to face the massive influx of traffic has forced the beta version of Google+ to close its invitation door.

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