IBT Staff Reporter

Shawn Levy has signed up to direct Fantastic Voyage, a James Cameron produced 3D project, though he has till date dealt with light and fluffy stuff.

New Chelsea striker Fernando Torres spoke about the diamond formation, how he had outgrown Liverpool and that his move to Chelsea was purely for sporting reasons.

Sara Lee's quarterly profit missed Wall Street estimates by a penny, hurt by lower sales volume and higher commodity costs, and the company's shares fell 1.6 percent on Tuesday.

This is a world obsessed with demand...[and] many central banks' policy settings are very, very loose...making for serious inflationary pressures, UBS said. The outlook for food prices is that they could rise exponentially from here if we were to see another shock. There's no buffer right now.

U.S. stocks were little changed on Tuesday after an interest rate hike by China raised worries about global demand and weighed on energy shares.

Toyota Motor Corp lifted its annual forecasts beyond market expectations as cost cuts and sales exceeded its plans, but a heavy reliance on exports will keep it a laggard as long as the yen stays strong.

Accused of some of the highly stigmatized felonies, will Assange or WikiLeaks still be considered for Nobel Prize? However, Al Gore, who won the 2007 Peace award, did have a similar sexual assualt taint.

For 15 million years, an icebound lake has remained sealed deep beneath Antarctica's frozen crust, possibly hiding prehistoric or unknown life. Now Russian scientists are on the brink of piercing through to its secrets.

The latest buzz is that creator Michael Patrick King is thinking about slipping 'Gossip Girl' star Blake Lively into the shoes of the young Carrie Bradshaw in a Sex and the City prequel.

Newmont Mining Corporation (NEM.N) expects to more than double its African gold production to 1.2 million ounces by 2015, driven by its projects in Ghana, a senior executive said on Tuesday.

With increasing number of government and other high-profile websites being targeted almost everyday, 'hacktivism' seems to have reached its peak. The recent targets of 'hacktivists' are listed here.

A possible management shake-up in the Microsoft camp is due to throw up senior product executives with engineering muscle at the top to tackle the might of Apple and Google in the smartphone, tablets and cloud domains.

They are naming almost all the behind the scenes hackers in their bid to stop further damage to PS3

He wants to turn it into a film later

U.S. stocks were set to open little changed at 2-1/2 year highs on Tuesday, with investors focused on corporate earnings and the impact of an interest rate hike by China on economic demand.

Gold inched higher on Tuesday as equities fell, the euro picked up and flows of metal out of exchange-traded funds stabilized, although a rise in Chinese benchmark rates limited gains.

WikiLeaks founder Julian Assange asked a British judge on Monday to block his extradition to Sweden on sex crime allegations, arguing he would not get a fair trial and could end up facing execution in the United States.

Expectations are high when Nokia's new Chief Executive Stephen Elop takes stage on Friday at an investor event in London.

McDonald's Corp posted stronger-than-expected global sales at established restaurants as demand in Europe came in far above Wall Street estimates.

French telecoms carrier Orange has ditched Google's Internet advertising-serving company DoubleClick in favor of independent OpenX, in a sign of the smaller company's growing challenge to the major players.

AOL Inc will buy Arianna Huffington's influential website for $315 million, looking to the high-profile liberal pundit to rescue it from the dustbin of Internet history.

China's central bank raised interest rates by a quarter-point to 6.06 percent on Tuesday, its second increase in just over a month, intensifying its fight against stubbornly high inflation.

McDonald's Corp on Tuesday said global sales at established restaurants rose more than expected in every region except the United States.

U.S. stock index futures were little changed on Tuesday, with investors focused on corporate earnings and the impact an interest rate hike in China will have on global economic demand.

Renault's Formula One driver Robert Kubica will require more surgery despite a seven-hour operation following an accident in Ronde di Andora rally on Sunday.

Former MSNBC anchor Keith Olbermann will announce his new job during a media conference call on Tuesday.

Cellphone security threats rose sharply last year as a proliferation of Internet-enabled mobile devices like smartphones and tablets provided new opportunities for cybercriminals, security software maker McAfee said.

With unrest and chaos apparently having taken Egypt's rulers and Western states by surprise, governments and spies are increasingly looking to social media like Twitter to detect political threats in advance.

Alcatel-Lucent has developed lightRadio, a cube-shaped antenna that would fit in the palm of a hand, signaling an end to the current form of basestations and cell towers. lightRadio promises greener, simpler, lighter networks that the company says will radically shrink and simplify base stations and cell towers.....