Renowned Wall Street analyst Meredith Whitney has warned that the U.S. may witness between 50 to 200 “sizeable defaults” amounting to “hundreds of billions of dollars” among municipal and state governments next year, which could derail the recovery.
Facebook went out of service for a brief period Thursday after an accidental leakage of some upcoming features of the social networking website.
After a San Francisco Bay Area resident became the first in the United States to receive the delivery of all electric Leaf, Nissan Motors on Saturday carried out its first Leaf delivery in the Seattle region.
Work hard and play by the rules and you'll get ahead. That's been an article of faith, since at least the birth of this nation, in what has come to be called the American dream..
Intel Corp 's $7.68 billion deal to buy security-software specialist McAfee Inc is running into close scrutiny from European officials that could delay the transaction, the Wall Street Journal reported on Friday.
Four men were arrested for taking part in an insider trading scheme in which details of Apple's iPhone and iPad were leaked to hedge fund managers.
The new Kobe Bryant controversy relating to his contract with Turkish Airlines is a bizarre, unexpected and fascinating juxtaposition of fame, media, wealth, sports, ancient history and multi-culturalism that could only happen in Hollywood.
In 2011, journal Science's editors will be watching a smaller detector at the Large Hadron Collider called LHCb; new techniques that should lead to the discovery of many more genes; an ignited fusion burn; the first plug-in hybrid electric cars whose batteries are charged from a wall socket go on the market; and and results from a late-stage trial of a malaria vaccine in Africa.
Yahoo is planning to shut several of its web properties, including Delicious, Yahoo Buzz, MyBlogLog, AltaVista, AllTheWeb.com and Yahoo Picks, as part of its restructuring efforts to save costs and exit unprofitable ventures.
The social media giant adds facial recognition technology to its photo sharing services.
The company gets $200 million from Kleiner Perkins Caufield & Byers to raise its total valuation to $3.7 billion
Nokia has filed fresh patent infringement claims against Apple in the UK, Germany and the Netherlands, alleging that Apple infringed its patents in many of its products sold in these countries, including iPhone, iPad and iPod Touch.
Charles Manson, who is serving a life sentence for his conspiracy role in the killing of seven people in the Tate-LaBianca murders in Los Angeles, 1969, has been handed down an extra 30 days on his life term after being found in possession of a contraband cellphone within jail premises.
Oracle Corp., one of the world's biggest enterprise software makers, is expected to report better-than-expected numbers, when it reports second quarter results today after the market closes.
Year-long survey conducted by Glassdoors.com puts social networking giant Facebook at the top of preferred employers' list
European tech start-ups are eyeing an early move to the U.S. West Coast, lured by the deeper pockets and stronger track record of venture capitalists in Silicon Valley.
The company introduces speech recognition to Android 2.2 phones, which can recognize the user's phone and understand their specific dialect.
A class action suit against AT&T for back wages and damages, filed on behalf of some of its information technology workers, has picked up more plaintiffs.
Facebook founder Mark Zuckerberg becomes the youngest member of the California Hall of Fame on Tuesday when the state museum in Sacramento also honors singer Barbra Streisand, Titanic filmmaker James Cameron and others.
Benchmark Capital raised its profit estimates and price target on Google Inc., citing the company's strong operating momentum in search business.
Investigators into the violent and deadly natural gas line explosion in San Bruno, California on Sept. 9, 2010, have discovered that certain pipe segments were welded only from the outside, not from both inside and outside the pipe, the National Transportation Safety Board said today.
Viacom has attracted some high-profile support in its legal battle with YouTube, including software giant Microsoft and artists such as Garth Brooks and Sting.