IBT Staff Reporter

Russia's Yandex is set to complete the biggest internet IPO since Google, as investors wary of much-hyped social networks look instead for exposure to the fast-growing online advertising market.

Technology giant Apple Inc. has let down millions of Apple fans by not celebrating the 10th anniversary of its retail stores today.

Commodities trader Glencore made a lukewarm market debut on Thursday that handed it currency for future acquisitions, with its shares struggling to break much above its widely expected launch price of 530 pence.

U.S. stocks barely budged on Thursday after a mixed bag of economic data kept confidence in the economic recovery on shaky ground, but LinkedIn's shares surged in their Wall Street debut.

Apple has already signed a seven-year lease for extra data space with a new Silicon Valley data center built by DuPont Fabros Technology (DFT). It is Rumored that the purpose is preparing to launch a new set of online services under the name iCloud.

According to a number of reports, Danish director Lars Von Trier was banned from the Cannes Film Festival after he made comments during a press conference about how he sympathizes with Adolf Hitler and he is a Nazi.

Verizon Wireless will offer family plans for data services supporting multiple devices including smartphones and tablet computers, according to a top executive of parent company Verizon Communications.

Gartner says the smartphone industry continues to grow while Android and Apple are emerging as the front runners, others are sinking fast.

Stocks rose slightly on Thursday as signs of recovery in the jobs market were partly offset by weak data on housing and regional business conditions.

Cornel West, the Princeton Professor who strongly supported President Barack Obama on the campaign trail in 2008, has already previously expressed his disillusionment with what he says is the Obama administration's neglect of the poor and working class people in the United States while supporting the leaders of the nation's financial system.

New claims for unemployment benefits fell more than expected last week, but a rise in the four-week moving average to a six-month high indicated the labor market recovery will remain painfully slow.

Though Team RadioShack's legendary star Lance Armstrong went into retirement earlier this year, the team has still been a strong presence halfway through the 2011 Amgen Tour of California. Team co-leaders Chris Horner and Levi Leipheimer, a Bay Area resident, are 1-2 in the general classification standings.

Though Team RadioShack's legendary star Lance Armstrong went into retirement earlier this year, the team has still been a strong presence halfway through the 2011 Amgen Tour of California. Team co-leaders Chris Horner and Levi Leipheimer, a Bay Area resident, are 1-2 in the general classification standings.

Last night on American Idol Beyoncé debuted her much anticipated music video for her single Run the World (Girls). The track is off her latest album titled 4.

Adriana Lima and Alessandra Ambrosio are hot in the new Victoria's Secret swim collection.

Shares of LinkedIn Corp surged nearly 90 percent in their public trading debut on Thursday, a jump reminiscent of the heyday of investors' love affair with Internet stocks in the late 1990s.

Chief Executive Ben Verwaayen is preparing the next stage of telecom equipment maker Alcatel-Lucent's development armed with a refreshed product portfolio and a slimmer cost structure.

There have been new developments surrounding the ongoing extra-marital scandal which broke out earlier this week involving Arnold Schwarzenegger and former housekeeper Mildred Patricia Baena.

Arnold seeks Maria's attention.

Across the U.S. and in places around the world, signs and newspaper ads have been warning that judgment day is coming on May 21, 2011.

Arnold Schwarzenegger has admitted that he impregnated a member of his household staff 10 years ago, while married to Maria Shriver and before running for California governor.

Mikael Hed is unrepentant about the 200 million minutes per day that people around the world fritter away playing Angry Birds, the iPhone game created by the company he heads.

Amazon.com now sells more Kindle books than print books, the company announced today. Since April 1, Amazon has sold 105 Kindle books for every 100 print books. The company does not release total sales figures for Kindle books or e-readers.

The A's could have saved a few of last night's runs for tonight. One night after putting up 14 run against the Angels, Oakland's offensive woes continued, managing only one earned run over and losing to the Twins 4-3 in 10 innings.

After the resignation of Dominique Strauss Khan following an arrest for sexual assault, the next question is who will be the next person to lead the International Monetary Fund, responsible for reducing poverty and promoting stability and sustainable economic growth around the world?

LinkedIn chief executive Jeff Weiner promises his company's high IPO doesn't mean another tech bubble is on the horizon.

Battling all objections from Iraq, the first film adaptation of controversial author Salman Rushdie's “Booker of Bookers novel Midnight's Children has finished shooting in Sri Lanka.

The Big Three couldn't do it alone. Thanks to the reemergence of Udonis Haslem, they didn't have to. The Heat got what they hoped for in the first two games in Chicago: a split. Miami got a 13-point performance from Haslem, as the Miami pulled off the 85-75 win at United Center.

Euro zone governments are considering a plan to prevent a Greek default under which private investors would be asked to maintain their exposure to its debt and Athens would receive a new package of EU/IMF aid, euro zone sources said.