IBT Staff Reporter

Google, looking to make a greater impact in the display ad industry, bought Admeld for $400 miliion.

Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than $100 billion, financial news channel CNBC reported on Monday.

The San Francisco are keeping hope alive by winning close games amidst turmoil on the injury front. Buster Posey is out for the season and Freddy Sanchez's season status is still unknown.

Katy Perry's much anticipated new music video for Last Friday Night (T.G.I.F.) was finally released.

Stocks drifted sideways on Monday, in what is likely a temporary pause in a sell-off brought on by growing fears of another economic downturn.

Catherine, the Duchess of Cambridge, once again steals the spotlight with her on-point fashion sense.

Lebron James openly pouted at a press conference following the Miami Heats' loss to the Dallas Mavericks in Game 6 of the NBA Finals.

Should the Heat leave third-year coach Erik Spoelstra on the bench next year, or should GM Pat Riley replace him?

Miami Heat star Lebron James choked when it counted the most in the NBA Finals. His Heat team lost the series 4-2 to the Dallas Mavericks after a crushing defeat on their home court 105-95 in Game 6.

Liz Henry a blogging veteran who says she has uncovered several sockpuppets like Tom MacMaster's in her career, was instrumental in uncovering the Amina hoax and quite possibly pushing MacMaster to post an apology to the people Amina's words effected.

We're certainly living in the new abnormal when Jeff Immelt, head of GE, is speaking like the President in a time of heightened political importance and awareness.

The First Lady is in Southern California today, and she kicked off the morning with a panel discussion on how to improve integration of military family stories into film and TV. The event was hosted at the Writers Guild Theater in Bevery Hills,

New York's top legal officer is seeking information from Deutsche Bank AG and Bank of New York Mellon about their role as trustees for mortgage-backed securities, an expansion of his probe of mortgage practices, said a person familiar with the matter.

Greece became the lowest-rated country in the world in the rankings of Standard & Poor's on Monday, putting it below Ecuador, Jamaica, Pakistan and Grenada.

The Dallas Mavericks beat the Heat 105-95 in Game 6 of the NBA finals, but only Chris Bosh played a solid game in the Heat's most important game of the season and not Lebron James or Dwyane Wade.

Nobody saw this coming. Nobody expected the Dallas Mavericks to win the NBA championships in 2011.

Sure, they're currently under .500. But most people projected them to be worse. Here's why they're overperforming.

Janus Capital Group Inc and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled on Monday.

AUCKLAND -- Neither formal business text nor magazine, it is actually a joyous combination of both, Jonathan Rice writes of Nicholas Beames' new book, which he says contains genuinely useful advice.

The Miami Heat including their stars Lebron James and Dwyane Wade simply fell apart at the end.

Theron has signed up as the fresh face of the Dior VIII watch collection.

A Canadian consortium of banks and pension funds has taken its $3.8 billion (C$3.7 billion) takeover offer directly to TMX Group shareholders, touting the proposal as the best way to keep the country's exchanges out of foreign hands.

Cleveland Cavaliers owner Dan Gilbert took a shot at Lebron James after James lost the NBA finals to the Dallas Mavericks.

Players for the Miami Heat appeared emotionally drained after their crushing loss to the Dallas Mavericks in the NBA Finals.

Greece on Monday became the country with the lowest credit rating in the world after Standard & Poor's downgraded it by three notches, saying the agency would consider a likely debt restructuring as a default.

Host Neil Patrick Harris and former host Hugh Jackman took the stage at the 65th Annual Tony Awards and performed a musical dual.

U.S. stocks edged higher on Monday, bouncing back as investors sought bargains after six weeks of declines and the market found technical support.

Following the Miami Heat's loss in the NBA finals to the Dallas Mavericks, Heat star Lebron James ripped into critics who were happy to see James fall short of the title.

Three days of royal fashion