IBT Staff Reporter

Software firm Autodesk announced late Friday afternoon that an ongoing internal review of the company's stock-options grants has uncovered issues with backdating.

Google is introducing a new search service designed to assist software engineers.

Starbucks favorites are now available on iTunes, part of an alliance announced Thursday.

Indian Prime Minister Manmohan Singh said on Friday his government is focusing on boosting economic growth by creating a broad consensus with trade unions and political parties.

Cisco Systems announced on Friday that it has completed an outdoor wireless network together with DHB Networks, improving public safety and driving economic development in Dublin, Ohio.

Dell announced that it is looking to hire more employees for its Ottawa customer service center on Friday, as well as create additional training programs for its existing employees.

Air Canada flew 0.4 percent fewer revenue passenger miles in September this year compared to the same period last year. Revenue passenger miles are defined as the number of available seats sold.

Small and medium businesses in Bulgaria will receive a $38 million (€30 million) loan from the European Investment Bank, the EU institution said on Thursday.

Coffee Retailer Starbucks Corp. raised its target for total number of stores worldwide from the previous goal of 30,000 to 40,000 on Thursday.

Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.

The International Monetary Fund urged Denmark on Thursday to slow its economic growth for next year by issuing higher interest rates.

Developing countries lacking in infrastructure and skills will not benefit from economic globalization regardless of open market access, a United Nations trade official said Wednesday.

Retailer Target Corp. reported its net sales for the five-week period prior to September 30, were up 13.4 percent.

U.K. telecoms regulator Ofcom has published draft regulations that will legalize the use of wireless transmitters for iPods and other MP3 players.

Significant age differences exist within the user bases of different social networks a new study finds, noting more than half of Myspace.com users are 35 or older.

Nvidia Corp. shares surged more than 8 percent on Wednesday amid speculation that the graphics firm may be acquired by Intel Corp, however experts said on Thursday that a sale would be irrational.

Nintendo is ramping up production of its next-generation Wii game-console, indicating that the firm should meet its expected shipment dates for this year.

Microsoft may be on track to deliver its highly anticipated next-generation operating system, one expert contends.

Brad Greenspan, founder of myspace.com, claimed on Thursday that Intermix Media Inc.'s sale of Myspace intentionally defrauded shareholders out of tens of billions of dollars.

Technologically advanced games from some of the largest game developers draw widespread attention, however a new research report indicates that mobile gaming will drive the gaming industry, led by casual and female gamers.

Europeans are visiting more photo and real-estate websites a study released on Thursday reveals.

Google launched a new program to promote literacy by harnessing the power of the internet, aggregating books maps, blogs and video together to assist teachers and educators.

Apple Computer announced the results of its internal stock options investigation on Wednesday, finding 15 instances option-backdating leading to the resignation of the firms CFO, however experts believe Steve Jobs should not be affected.

Kenya Airways will not launch scheduled flights to Congo Brazzaville tomorrow as earlier announced.Unresolved issues in negotiations on air traffic rights forced the last-minute cancellation.

Striking workers of Barclays Bank Ghana yesterday resumed work following a resolution of grievances of workers at a meeting between the workers' representatives, the Management in the presence of National Labour Commission (NLC) and the Trades Union Congress (TUC).

The South African airline industry is far from saturated and there is still room for new blood, particularly in the underserved low-cost airline market, analysts say.

The debate on whether or not Rwanda and Burundi should be included in the East African Community (EAC) has existed since the concept of re-igniting the regional union several years ago. Internally, the will to federate in East Africa has always seemed crippled by instincts of self preservation arising out fear of domination by a 'superior state' over 'weaker' ones.

Ethiopian Airlines has won the African Airline of the Year 2006 Award, the company's management announced last Wednesday.

MTN is spending $348,9m to bump up its shareholding in MTN Nigeria by buying out some of the minority investors. It will pay $287,8m in cash and issue 6-million shares in the parent company to take an extra 6,98% in the Nigerian subsidiary, giving it an 81,87% share.