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(Reuters) - Yahoo Inc said it is to sell up to half of its stake in Internet entrepreneur Jack Ma's Alibaba Group back to the Chinese company for $7.1 billion, and hand most of the sale proceeds to its shareholders. Read More »
Samsung today lost almost $10 billion in market value as unverified reports trickled in about Apple giving a major order for memory chips to a rival. Taiwan’s DigiTimes, which has more misses than hits in its reporting, ran an article that Apple had placed a huge order with Japan’s Elpida for mobile DRAM chips, buying almost half of its production capacity. Samsung, which is the world Read More »
VLC media player is a piece of software most of us use on a daily basis. Apart from its simplistic user interface, it is one video player that supports each and every conceivable video codec. Today, VideoLan has announced that their popular software has reached one billion downloads. However, there are some caveats to this news as the download numbers don’t include Linux and only Windows and Mac Read More »
BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying. Read More »
NEW YORK (Reuters) - Blackstone Group LP has raised more than $6 billion for a real estate opportunity fund, which eventually could match its current $11 billion fund, a source familiar with the matter said on Tuesday. Read More »
MILAN (Reuters) - JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday. Read More »
(Reuters) - Oil major BP is seeking at least $20 billion from its contractor Halliburton in costs and damages in relation to the 2010 Gulf of Mexico oil spill, Bloomberg reported on Monday, citing a court filing by BP's lead trial attorney. Read More »
NEW YORK (Reuters) - European Goldfields Ltd said on Sunday that it had agreed to be bought by Eldorado Gold Corp for about C$2.5 billion ($2.4 billion). Read More »
NASA launches its next Mars rover, kicking off a long-awaited mission to see whether the Red Planet could have hosted microbial life. Read More »
NUSA DUA, Indonesia (Reuters) - The United States announced a massive order for Boeing jets from Indonesia's largest domestic airline, Lion Air, to be showcased as U.S. President Barack Obama winds up an Asia-Pacific tour.Presented By:Strengthen Customer Relationships Ads by Pheedo Read More »

Danica Camacho is cuddled by her mother Camille as they are wheeled out of the delivery room of the Government's Fabella Hospital moments after she was born Monday Oct.31, 2011 in Manila, Philippines. The Philippines, ranked 12th as the most populated country in the world, joins the rest of the world as it welcomes its symbolic 7 billionth baby. Read More »
The maiden promo of action thriller "Players" is out and Bipasha Basu is seen in a red bikini that bowls one over. Her look has become the talk of the town.Filmmaker Ram Gopal Varma seems to be in awe of Bipasha's new avatar"Just saw 'Players' first look...Bipasha is looking like a billion dollar bill aaaaahhhhhhhh!," Varma posted on his Twitter account Friday.The action-thriller is a remake of t Read More »

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