IBT Staff Reporter

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EBay beats Street view, shares rise

EBay Inc beat Wall Street expectations on earnings and revenue on Wednesday thanks to cost cuts and solid growth at its Skype telephone and PayPal payments divisions, sending its stock higher.

Yum's profit beats view on overseas strength

Yum Brands Inc , parent of the Taco Bell, Pizza Hut and KFC chains, posted a quarterly profit on Wednesday that topped analysts' expectations as global sales at established restaurants rose 1 percent, sending shares up 3 percent.

AMD introduced 45nm Quad-Core EE

On Wednesday, AMD Inc. introduced the 45nm Quad-Core AMD Opteron EE processor with the company's lowest x86 quad-core server power band.

What does it cost to build Amazon's Kindle 2?

Amazon has always been very secretive on anything related to cost and sales figures surrounding its Kindle 2 e-reader, however, a new report by market research firm iSuppli may answer speculation.

Pension fund takes over Macklowe skyscraper in NY

Manhattan office tower bought by property investor Harry Macklowe for $498 million nearly three years ago was taken over on Wednesday by one of its lenders, which made the only bid at an auction -- for $100,000.

3D Scenes now in Friendster

A social experiment started seven years ago by an entrepreneur Jonathan Abrams in Mountain View, Calif. is now packed with a 3D scenes allowing user to express creativity in multidimensional environments.

Apple shares up and down on Q2 result

Apple Inc. said Tuesday its second quarter results beats consensus forecasts but shares fell after it gave a conservative outlook for the current quarter.

Geithner urges global effort to tamp crisis

The United States bears substantial blame for the woes besetting the world economy but it will take a global effort to ease those strains, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

World economy in severe recession, IMF says

The International Monetary Fund on Wednesday slashed growth forecasts for every major country and urged governments to take forceful action to ensure the world economy's recovery from a severe recession.

Apple beats expectations, shares up

Apple Inc posted stronger-than-expected quarterly results on strong iPhone sales, and gave a typically conservative outlook for the current quarter, which failed to dampen enthusiasm from investors.

Age Discrimination Isn't About Age

If you’re over 40, it’s natural to worry about age discrimination - after all, that’s the age at which you start to be protected against discrimination by Federal law and even if you don’t look your age, you might be starting to feel it now and then. (Maybe you’ve noticed you can’t stay up as late as you used to, or maybe you caught yourself making that noise your dad makes when he up from the c...

Get SMS-ing, U.S. tech execs urge Web-starved Iraq

Rather than wait for decent broadband and Internet access to arrive in their war-battered nation, Iraqis can use an abundance of cellphones to exploit the Web, a group of U.S. technology executives urged on Wednesday.

Apple results beat expectations, shares up

Apple Inc posted stronger-than-expected quarterly results on strong iPhone sales, and gave a typically conservative outlook for the current quarter, which failed to dampen enthusiasm from investors.

7 Ways to Spice up Your Resume

With unemployment rising, increasing numbers of applicants for each job, and recruiters struggling to keep up, it can sometimes feel as though you’re sending your resume into a black hole. You send hundreds of applications and never hear back - and what makes it worse is that you know you are qualified for the jobs.

Obama triggers firestorm in CIA tactics case

President Barack Obama was criticized harshly on Wednesday for leaving the door open to the prosecution of former Bush administration officials who authorized severe CIA interrogation procedures.

SEC charges Hennessee on Bayou hedge fund miss

U.S. securities regulators charged a prominent hedge fund industry executive on Wednesday with failing to properly review collapsed hedge fund Bayou Group before recommending that their clients invest.

T-Mobile to offer one-payment BlackBerry contract

Operator T-Mobile UK is to offer a BlackBerry phone with a year's unlimited email and Internet access and pay-as-you-go calls in exchange for a one-off fee in its bid to lure more small business and young customers.

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