Ebay buys local shopping site Milo
EBay Inc has acquired shopping engine Milo.com, underscoring the growing allure of local services even as fellow Internet giant Google ponders buying discount coupon site Groupon.
New Oklahama law puts control of deceased's social media accounts in estate executors
Estate executors or administrators in Oklahama have the power to access, administer or terminate the online social media accounts of the deceased, according to a new state law.
Deficit-cutting plan advances in uphill climb
Two more lawmakers pledged on Thursday to support a plan to slash the U.S. budget deficit drawn up by the co-chairmen of a presidential commission, but the plan still faced long odds of moving to Congress.
Lawyers exempt from FTC's Red Flags Rule, votes U.S. Senate
The U.S. Senate has unanimously voted for lawyers to be exempted from the Federal Trade Commission's (FTC) Red Flags Rule, which seeks to curb identity theft among credit and financial regulatory agencies through costly and burdensome prevention and detection programs.
Uncle Sam wants you healthy
To promote health and prevent disease, the federal Department of Health and Human Services today unveiled its Healthy People 2020 website, setting out a national health agenda for the next ten years.
RIM buys Swedish firm to improve screen design
Research In Motion has bought Swedish design company The Astonishing Tribe as the BlackBerry maker seeks to enhance the look and functionality of its screens ahead of the launch of its PlayBook tablet.
Clearwire plans to sell over $1.1 billion in debt
Clearwire Corp plans to sell more than $1.1 billion in debt after months of negotiations to stave off a looming funding gap as it spends billions on building a new wireless network.
Pending home sales rise in Oct against expectations
Pending home sales in the U.S. rose in October, contrary to expectations of a drop, according to a report by the National Association of Realtors.
Shareholders open attack on WaMu's bankruptcy plan
Washington Mutual Inc defended on Thursday its plan to repay creditors, while an attorney for disgruntled shareholders attacked the proposal because it leaves them with nothing.
DirecTV to add more than 200,000 U.S. subs in Q4
DirecTV Group expects to add significantly in excess of 200,000 net new subscribers in the United States in the current quarter, Chief Executive Mike White said on Thursday.
RIM acquires Swedish User Interface maker TAT to spruce up PlayBook
BlackBerry maker Research In Motion (RIM) has announced that it has acquired Swedish UI design company The Astonishing Tribe (TAT) to spruce up its PlayBook UI.
ECB extends liquidity program into 2011; interest rates unchanged
The European Central Bank (ECB) left the benchmark rates unchanged for the 19th straight month, and said it would extend its longer-term liquidity tenders into the first quarter of 2011
Merck to buy insulin developer SmartCells
Merck & Co. Inc. said it agreed to acquire privately-held diabetes treatment developer SmartCells Inc. in a deal that could exceed $500 million.
Cloud computing in India to grow 40 pct by 2014: IDC
The cloud computing market in India is expected to grow at a ccompounded annual growth rate of 40 per cent by 2014, IT research firm IDC on Thursday said.
Australia drop Mitchell Johnson for second Ashes test
Australian skipper Ricky Ponting confirmed that his struggling fast bowler, Mitchell Johnson, had been dropped the team to face England in the second Ashes test at Adelaide, on Friday.
Banks, homebuilders lift Wall Street
Financial stocks led Wall Street higher on Thursday after the European Central Bank left in place a liquidity safety net for vulnerable banks.
Engines of dotcoms, dotnets, domain names mark global 'decade of Internet'
Internet is now world’s single biggest source of information on every known and unknown subject and world’s largest mail order catalog with more than a billion people using it as of 2005 driven by growth of engine of dotcoms, dotnets and the legions of domain names becoming household words.
Motorola to unveil a streaming gadget for smartphones
Motorola Mobility plans to launch a video streaming device next year to enable streaming of digital content to smartphones and tablets in their homes.
Barry Diller steps down as IAC CEO, buys out Malone
Barry Diller is stepping down as chief executive of IAC/InterActiveCorp, the company said, adding it had bought out one of its largest shareholders, John Malone's Liberty Media Corp.
BBC iPlayer service to be available on iPad
The global version of its iPlayer service will be on a subscription-only basis and will only be available on the iPad, said BBC.
IMF has resources to help in crisis: IMF official
The International Monetary Fund said on Thursday it is in a strong financial position and has the resources to help member countries in need, amid an escalating euro zone debt crisis.
U.S. manufacturers could face slower 2011 growth
After racking up strong earnings growth in 2010, major U.S. manufacturers are expect to set the stage for a slower-paced 2011 when they meet with analysts and investors to lay out their expectations for the coming year.
Blackberry 6 Kernel gets 140-2 certification as Apple’s iPhone, iPad still in process
The cryptographic kernel of its BlackBerry 6 mobile operating system has earned the FIPS 140-2 security certification, said Research In Motion.
Coastal wetlands may disappear in 21st century
The disappearance of coastal wetlands around the world by the end of the 21st century is a distinct possibility, a new study finds.
FCC Backs Net Neutrality, Enforcement Issues Remain
The Federal Communications Commission has committed to the concept of net neutrality, but the spat between Level 3 and Comcast highlights some difficult enforcement issues.
Wall St gains as banks, home builders rally
Wall Street rose on Thursday, led by banks and home builders after European lenders decided to continue a liquidity safety net for vulnerable banks and pending home sales data showed an unexpected jump in October.
IBM Unveils New Chip; Heats Up Supercomputer Battle
IBM unveiled a technology that uses pulses of light instead of electrical signals to transfer data between chips, advancing its plans to create a supercomputer capable of one million trillion calculations per second.
GM injects $4 billion cash into pension funds
General Motors Co said on Thursday that it made a $4 billion cash contribution to pension plans for its U.S.-based hourly and salaried workers.
October pending home sales show surprise climb
Pending sales of existing U.S. homes unexpectedly surged in October, data from a real estate trade group showed on Thursday, despite concerns that problems in the foreclosure process might curtail activity.
Google Gets GSA Contract For Email, Applications
The U.S. General Services Administration (GSA) goes Google. GSA will move 17,000 employees and contractors to Google apps for Government.