Tech Round Up: Microsoft earnings down, Motorola Droid debut date, Icahn resigns from Yahoo board
Investor Carl Icahn said late Friday he has resigned from the board of directors at Yahoo Inc., saying that there was not a need at this time for an activist investor at the internet company. Icahn said in a statement that there were a number of other companies on which he is currently focused, and praised the company's recent search and advertising partnership with Microsoft Corp.
Activist investor Carl Icahn resigns from Yahoo board
Investor Carl Icahn said late Friday he has resigned from the board of directors at Yahoo Inc., saying that there was not a need at this time for an activist investor at the internet company.
CIT says restructuring plan protects value of assets
CIT Group Inc warned bond holders that if they failed to exchange their debt or approve a prepackaged bankruptcy, the commercial finance company -- and its debt investors' returns -- could suffer mightily.
Facebook tweaks user experience with new Live Feed
Facebook rolled out on Friday two new ways that users can see their live feed of their homepage. When users sign into their accounts, they can select to view either the News feed tab or the Live Feed tab. The news feed will feature items Facebook believes are of most value to you, while the live feed will list everything that is going on with your friends.
What I Hate taking makeovers to new level
The Style Network is about to embark on an adventure in constructive self-loathing as the Comcast-owned cable channel gets ready to launch What I Hate About Me.
Fox network adopts movie casting method
Fox is changing the way it selects actors for pilots.
Them Crooked Vultures sets album release date
After much speculation, rock supergroup Them Crooked Vultures has announced November 17 as the release date for its debut album.
Robbie Williams to receive career award at BRITs
British singer Robbie Williams will receive a career prize at the 30th BRIT music awards in London next year, organizers said on Thursday.
Wall St falls on weak industrials; transports drag
U.S. stocks fell on Friday, with the major indexes slipping for the first week in three, as industrial companies' weak results overshadowed robust earnings from tech and retail heavy-weights.
Jay Sean recaptures top slot on singles chart
British R&B singer Jay Sean's single Down returned to the top of the Billboard Hot 100 on Thursday, just a week after Britney Spears' No. 1 debut bumped him to runner-up status.
Obama sees consensus growing on climate change bill
President Barack Obama said on Friday he saw consensus building in the U.S. Congress on climate change and energy legislation that is considered critical to international talks on a new global warming pact.
Ray Winstone makes a trek for Tracker
British actor Ray Winstone is traveling to New Zealand to star in manhunt thriller Tracker.
Justin Theroux in tune with Air Guitar
Justin Theroux is jamming.
IFC Films nabs rights to Cairo Time
IFC Films has acquired U.S. rights to writer-director Ruba Nadda's Cairo Time, starring Patricia Clarkson and Alexander Siddig.
Jon Gosselin puts money back into bank account
Jon Gosselin has returned money to the joint bank account he has with Jon & Kate Plus Eight co-star and soon to be ex-wife Kate.
Air France tells pilots to heed safety rules-paper
Air France managers have sent a letter to the airline's pilots calling for stricter observance of safety procedures, following a fatal crash in June, French newspaper La Tribune reported.
Pay czar emphasizes wide clawback power
Pay czar Kenneth Feinberg emphasized on Friday his ability to claw back pay at any company receiving a taxpayer bailout, but said such an extreme action will be rare and far between.
Five Ford UAW plants back contract; vote continues
Workers at five Ford Motor Co U.S. plants represented by the United Auto Workers have backed a contract aimed at bringing the automaker's labor costs in line with rivals General Motors Co and Chrysler.
Ford Canada plant idled due to India labor unrest
Ford Motor Co said on Friday it will idle one of its Canadian plants next week due to a shortage of transmission parts that stems from a labor dispute in India.
Home sales scale 2-year high in September
Sales of previously-owned U.S. homes jumped to a two-year high last month, according to data on Friday, though the looming expiry of a tax incentive for first-time home buyers was a major factor spurring sales.
Belgacom, RBS sign mobile money transfer deal
Belgian phone operator Belgacom's international carrier business said on Thursday it had signed a preliminary deal with Royal Bank of Scotland (RBS) to enhance its system which enables mobile phone customers to transfer money from one mobile phone to another.
Las Vegas Sands loan faces bumps, may pressure IPO
Las Vegas Sands Corp may struggle to secure up to $2 billion in financing for mothballed projects and dent already-lowered valuations for the planned Hong Kong initial public offering of its Macau operations, bankers and analysts said.
Home sales scale 2 year high in September
Sales of previously owned U.S. homes jumped to a two-year high last month, according to data on Friday, though the looming expiry of a tax incentive for first-time home buyers was a major factor spurring sales.
AT&T may lose Apple iPhone's exclusivity, CEO says
AT&T may lose its exclusive deal with Apple for iPhone, which lifted its third-quarter profit with 3.2 million activations over the period, AT&T Mobility CEO intimated on Thursday during a conference call with analysts.
US gold ends lower as dollar up vs major currencies
New York gold futures ended lower in choppy trade on Friday, reversing gains from earlier in the session as the dollar rebounded against a basket of
major currencies after an optimistic U.S. housing report and bleak U.K. economic data.
Teen in New York doesn't know her name, home (Photo)
A female teen that does not know her identity was found in New York City two weeks ago and a search for her family in underway.
Rise in sterling Libor pauses after GDP shock
Benchmark sterling interbank lending rates paused at 5-week highs on Friday after news that Britain's economy unexpectedly contracted again, while abundant amounts of liquidity kept euro and dollar rates pinned at record lows.
Ivanka Trump to wed this weekend
Ivanka Trump is getting ready to say I do to her beau Jared Kushner on Sunday.
IMM speculators increase short bets on US dollar - CFTC
Currency speculators increased bets against the U.S. dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position rose to $18.65 billion in the week ending Oct 20 from a $17.99 billion net short the prior week.
Statin drugs might slightly boost diabetes risk
Cholesterol-lowering statin drugs do not reduce the risk of diabetes and might modestly elevate the chances of developing the condition, researchers found in a pooled analysis of trial data.
