IBT Staff Reporter

News Corp is set to win European Union regulatory clearance to acquire full control of dominant British pay-TV group BSkyB without the need for concessions, a source familiar with the case said on Friday.

U.S. state and local governments faced the realization on Friday that in just 14 days they will no longer be able to sell taxable Build America Bonds, the federally subsidized debt created in the economic stimulus plan to fund infrastructure projects and create jobs.

The U.S. Department of Commerce has unveiled its recommendations for improving online privacy practices, and has called for a privacy bill of rights that would help regulate the way personal data is used.

Classified US diplomatic cables leaked by whistle-blower site Wikileaks revealed that the International Committee for Red Cross (ICRC) briefed US officials over the continued ill-treatment of detainees in Kashmir by the armed forces and the police. Some cables stated that the government-nurtured militia committed brutal human rights abuses including extra-judicial killings, rapes and extortion of Kashmiri civilians suspected of harboring extremists in the Valley.

In 2011, journal Science's editors will be watching a smaller detector at the Large Hadron Collider called LHCb; new techniques that should lead to the discovery of many more genes; an ignited fusion burn; the first plug-in hybrid electric cars whose batteries are charged from a wall socket go on the market; and and results from a late-stage trial of a malaria vaccine in Africa.

Big-name technology firms will compete to acquire niche software groups in 2011 as part of a growth plan they hope will cater to recession-hit clients clamoring for a wider range of services.

Arsenal will renew their Champions League rivalry with Barcelona while Real Madrid faces Lyon, Manchester United face Marseille, Chelsea fight Copenhagen, and Bayern play Inter.

The Class of 2010 at London Business School's (LBS) Masters in Management program turn up impressive placement statistics

The U.S. economy is gathering steam as the year draws to a close, according to a private industry group's index of economic indicators published on Friday.

Bank of Montreal will buy Wisconsin's Marshall & Ilsley Corp bank for about $4.1 billion in an all-stock deal, the biggest in a series of Canadian financial sector deals to snap up weakened rivals.

The S&P 500 and Dow were slightly lower on Friday amid renewed concerns over euro zone debt, but strong results in the tech sector helped keep the Nasdaq in positive territory.

Employment conditions in more than half of U.S. states improved in November from a year earlier, the government reported on Friday, with unemployment rates dropping in 28 states and the District of Columbia.

Shares of Take Two Interactive Software Inc surged 8.8 percent on Friday after posting stronger-than-expected earnings that pleased investors.

A recent report from Nielsen says gaming consoles are taking over the living room as people use them for a wide range of tasks.

Big-name technology firms will compete to acquire niche software groups in 2011 as part of a growth plan they hope will cater to recession-hit clients clamoring for a wider range of services.

The U.S. Nuclear Regulatory Commission has approved a proposed rule that says advanced boiling water reactors must be built to withstand aircraft impacts similar to the one that brought down the World Trade Center.

Congress passed a compromise deal late Thursday to keep alive Bush era tax cuts for all Americans and continue to provide unemployment benefits for millions of workers, with President Barack Obama set to sign the bill into law.

S&P 500 index futures dipped on Friday on renewed concerns about the euro zone debt crisis after Ireland's credit rating was slashed.

Research In Motion's growing reliance on sales outside the United States left many analysts wondering about the BlackBerry maker's competitive edge, even as the company reported decent quarterly results.

A real-time translating app that magically turns billboard signs and menus, otherwise incomprehensible in a foreign land, into text that you can understand is now available for iPhones.

The S&P 500 and Dow were slightly lower on Friday on renewed concerns over euro zone debt, but the Nasdaq stayed in positive territory on some positive corporate results in the tech space.

U.S. authorities have been conducting a probe to find whether current and former employees of Hewlett-Packard Co paid kickbacks in certain transactions spanning several European countries, HP said in a filing.

Employment conditions in more than half of U.S. states improved in November from a year earlier, the government reported on Friday, with unemployment rates dropping in 28 states and the District of Columbia.

Which Redmond, Washington-based technology company, its name staring with Micro, is looking to make waves in the world of smartphones?

The world's first 'quantum machine', a device that jiggled in ways explicable only by the weird rules of quantum mechanics, has been recognized as the 2010 breakthrough of the year, Science journal said. Constructing a synthetic genome, sequencing of the Neanderthal genome and unequivocal success of two HIV prevention trials were among the other nine groundbreaking achievements of the year, the magazine said.

North Korea on Friday warned of 'deadlier attacks' if the South decides to go ahead with live-fire drills on Yeonpyeong Island in the Yellow Sea. Officials of the communist state maintained that the attacks this time would be more lethal than that of last month's artillery shelling that killed two South Korean soldiers and two civilians.

The three companies are starting a joint venture, Isis, in order to build a national commerce network that will utilize mobile phones to make point-of-sale purchases.

An international team of scientists studying remnants of an asteroid that crashed into the Nubian Desert found it had some of the same chemicals that are the building blocks of life on earth.

The bad loans ratio for Spanish banks rose to its highest level in almost 15 years in October, the Bank of Spain said on Friday, as a stagnant economy and high unemployment weighed on debt repayments.