IBT Staff Reporter

The famed music festival starts today in Tennessee; check out these bands that are part of this year's lineup.

VISA Inc said it will acquire South African firm Fundamo for $110 million, and announced a five-year agreement with UK-based Monitise Plc, as it looks to grow its new technology-enabled payments business.

Vietnam has accused Chinese ships of harassing another Vietnamese vessel in the South China Sea.

A hacking attack of around 210,000 customers in Citibank accounts happened in May, but a belated alert finally reached customers Wednesday, when Citigroup admitted the breach.

Apple's loss seems to be Android's gains as reports from U.S. wireless carriers emerged that the iPhone slayer Samsung Galaxy S II is due to hit the shelves in July.

U.S. chipmaker Intel announced multi-million investments in two Russian online firms on Thursday, in a fresh sign of investor confidence in growth prospects of internet businesses.

The New York Times is reporting, two days after Weinder admitted to sending an inappropriate photo of himself and engaging in online conversations, that his wife is pregnant with their first child.

Pimco cut its holdings of Japanese and U.S. government debt in the past six months due to their diminishing investment appeal, although Japan's political turmoil is unlikely to trigger a spike in yields in the near term, the top bond fund's head of Japan portfolio management said.

U.S. stock index futures pointed to a higher open on Thursday after six days of losses as a narrowed U.S. trade deficit was seen as one positive point in a recent avalanche of weak economic data.

India's first legendary artist dies in London Hospital

The International Criminal Court's chief prosecutor has accused embattled Libyan leader Moammar Gaddafi of ordering the mass rape of Libyan women.

Weiner's wife reported pregnant the same day more scandalous photos come out.

The Securities and Exchange Commission is examining whether Goldman Sachs Group Inc and some other financial companies violated bribery laws in dealings with Libya's sovereign-wealth fund, the Wall Street Journal reported, citing people familiar with the matter.

The search engine honors the legendary musician on his birthday.

Technology giant Apple’s much awaited iCloud, which was presented by none other than Steve Jobs himself to the world as part of keynote address on the first day of Worldwide Developers Conference (WWDC) 2011, is expected to help iPhone 5 beat Google Android and breeze past Google’s own cloud-based Music Beta digital locker.

The European Central Bank is in strong vigilance mode over inflation pressures, ECB President Jean-Claude Trichet said on Thursday, using code words to indicate an interest rate increase is probably only a month away.

Nokia said its technology chief was on indefinite leave after a media report of strategy disagreements, and a second credit agency cut its rating in another blow for the stricken phone maker.

Economics, rather than politics was behind the collapse of this week's OPEC talks and the group as a whole would act if it grew worried about oil supplies running short, a top OPEC official said on Thursday.

Famous painter M.F Hussain died after years of living in self-exile, driven by political restrictions on his freedom of expression.

The massive wildfires raging in Arizona since May 29 have swelled to 389,000 acres by Wednesday, and are heading toward New Mexico, now covering an area larger than the city of Phoenix.

U.S. stock index futures edged higher on Thursday after six days of losses, but the mood remained fragile with many analysts expecting the S&P 500 to retest recent lows.

Visa Inc said it would buy Fundamo, a South African mobile financial services firm, for $110 million in cash, as the world's largest credit and debit card processing network looks to grow its mobile payments business.

Israeli settlers, still at large, rolled burning tires into a mosque in the West Bank village of Maghayer in the early morning and scrawled Hebrew-language graffiti across the building's exterior.

Col. Muammar Gaddafi the man who uses a battalion of virgin-only female bodyguards for his protection is now under investigation by the International Criminal Court (ICC) for using rape as a means to quell rebellion among women.

General Motors is considering putting European arm Opel up for sale again, two German magazines reported.

China said it hoped the United States will take effective steps to improve its fiscal position, in Beijing's latest expression of concern about the possibility that Washington could briefly default on debt.

Defaced Rep. Anthony Weiner who is in the middle of the crotch-gate scandal came close to stealing thunder from Apple's mega launch of iCloud and iOS 5 on Twitter sphere as the Congressman racked in similar number of tweets as Apple's WWDC.

Nokia said its chief technology officer had taken a leave of absence and a Finnish newspaper said he was unlikely to return due to disagreements on strategy, a fresh blow for the struggling mobile phone company.

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.43 percent and Nasdaq 100 futures up 0.41 percent at 0930 GMT (5:30 a.m. ET).