Blu-ray/HD DVD war to run another 18 months: report
Sales of next-generation DVD players are not seen as likely to take off for another 18 months as consumers are still waiting for prices to fall and for the battle over two competing technologies to be resolved.
Google eyes Canada rollout of discreet Street View
Google Inc is considering a Canadian launch of its Street View map feature, which offers street-level close-ups of city centers, but would blur people's faces and vehicle license plates to respect tougher Canadian privacy laws, the Web search firm said on Monday.
Gold up on Weak Dollar
New York gold futures ended firmer near 28-year highs on Monday after the dollar fell to an all-time low against the euro.
NY subpoenas Facebook over safety from predators
New York State Attorney General Andrew Cuomo said on Monday his office has subpoenaed Facebook, accusing the social networking site of not keeping young users safe from sexual predators and not responding to user complaints.
Global web privacy rules needed in 5 years: Google
National regulators need to agree on a basic set of global privacy protections for the Internet within the next five years, a senior official with web searcher Google said on Monday.
Unathorized Software can Damage iPhone: Apple
Apple said on Monday that unauthorized programs, or hacks, available though the internet that allow the phone to be used with unauthorized service providers could irreparably damage the device.
Iranian leader to visit Bolivia, sign energy deals
Iranian President Mahmoud Ahmadinejad is set to visit Bolivia on Thursday, the first time an Iranian leader has visited the impoverished South American country, to solidify diplomatic ties and sign aid agreements.
UAW strikes GM as talks fail to produce a deal
More than 73,000 General Motors Corp workers walked off the job on Monday after marathon contract talks between the United Auto Workers union and GM stalled and the union called the first national strike since 1970 against the top U.S. automaker.
Argentine Sept tax rev to rise over 30 pct -source
Argentina's September tax revenue is on track to rise more than 30 percent from the same month a year ago, an Economy Ministry source said on Monday. With a week remaining in September, monthly tax collection is set to exceed 17 billion pesos ($5.32
Morgan Stanley accused of mortgage discrimination
An advocacy group for low-income housing on Monday accused Morgan Stanley of discriminating against minority borrowers seeking mortgages.
Stocks Retreat after Previous Week's Gains
Stocks shifted on Monday with gains in the technology sector unable to sustain a broader declining market, which began to rally last week amid the Fed's bold rate cut.
Vivendi calls Apple iTunes contract terms indecent
Vivendi condemned as indecent the contract terms between its Universal Music Group (UMG) unit and Apple Inc, the computer maker whose iTunes online store dominates the digital music market.
Abu Dhabi firm bids for Primewest
Abu Dhabi National Energy Co will buy Canada's Primewest Energy Trust for C$5 billion in cash, Primewest said on Monday, as the state-controlled firm makes good on plans to turn its new Canadian unit into a major oil producer.
Financials weigh on stocks
Stocks slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
Africa to Benefit from Free Trade, Financial Aid Still Important
Developing and industrialized countries are continously working hard through negotiations, in Doha, to reach a new International Trade Agreement (ITA). However, there is increasing recognition that even if there was free trade between nations, many countries
Deutsche Bank debt hit may be $2.4 bln
Deutsche Bank's profit could be hit by up to 1.7 billion euros ($2.4 billion) due to loans that have dwindled in value as a result of the credit market crisis, sources familiar with the situation said.
Wal-Mart to look at suppliers' energy efficiency
Wal-Mart Stores Inc has formed a partnership with the Carbon Disclosure Project to look for ways for its suppliers to better manage their energy efficiency, as part of its environmental push, the company said on Monday.
Crude Oil Retreats Towards $81
Crude oil fell for a second day towards $81 a barrel, retreating from record highs hit last week as producers in the Gulf of Mexico returned workers to oil rigs evacuated last week.
House bill would let courts alter mortgages
Bankruptcy courts would be allowed to alter mortgages written by predatory lenders in moves that could save 600,000 Americans from foreclosure, according to the author of a bill introduced in the U.S. Representatives on Friday.
Investor confidence at 13-month low
Investors' confidence in the U.S. economy fell in September for a fourth straight month to its lowest level in 13 months on continued concerns about the housing market and elevated energy costs, a survey showed on Monday.
Dollar Slides for Third Straight Session; All Time Low
The U.S dollar hit an all-time low against the euro on Monday over concerns that the ailing housing sector could trigger the Fed to cut the interest rate even further.
Revenue Science offers behavioral ads in Japan
Privately held Revenue Science will offer behaviorally targeted advertising services on Internet-browsing cell phones in Japan, entering a new field for sending commercials based on a consumer's Web habits.
News Corp's Fox to launch free MySpace mobile
News Corp's Fox Interactive Media said on Monday it plans to launch advertising-supported versions of its popular Internet social network MySpace and other properties for free on cell phones.
Japan's Fukuda picks allies amid calls for election
Japan's prime minister-to-be, Yasuo Fukuda, named his party lieutenants on Monday as he braced for a showdown with a combative opposition amid calls for early elections after a disastrous year for the ruling coalition.
India kicks off Incredible India@60 campaign in the Big Apple
Incredible India@60, a four-day celebration commemorating the 60th anniversary of Independence of the world's largest democracy, kicked off in New York, US, Sunday, September 23.
Policy to Quell Inflation: Brown
This morning, the British Prime Minister, Gordon Brown gave his assurances that stable economic policies would keep inflation down in the medium to long term.
UAW strikes GM as talks fail to produce deal
General Motors Corp workers at plants in Michigan, Ohio and Kansas began walking off the job and organizing pickets as a national strike against the automaker began on Monday.
Sanoma unit gets early Web access to Disney shows
Walt Disney's international television arm said on Monday it would let viewers of Finnish commercial broadcaster Nelonen pay to watch hit shows on the Internet four days after their U.S. release.
Ford CEO says can still hit '09 profitability goal
Ford Motor Co. Chief Executive Alan Mulally said on Monday that the No. 2 U.S. automaker was keeping its target to return to the black by 2009, although the world economy might be hurt by the U.S. mortgage crisis.
Dell ties up with GOME to sell PCs in China
Dell Inc, the world's No.2 personal computer maker, said it would sell its latest range through China's largest electronics retailer, GOME Group, aiming to improve on its single-digit mainland market share.