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South Korean Police Raids Google Office
Google Inc, the multinational Internet search leader again faces charges of illegally collecting data on users. This time, the corporation’s Seoul office is in trouble. South Korean police raided Google’s… Read more
Social Networking Sites Costing Billions To The UK Economy
According to statistics based on a survey, British online job network, MyJobGroup.co.uk has come to the conclusion that social media activities are costing almost 14 billion pounds to the UK… Read more
Adding To A String Of Recalls, Toyota To Recall 412,000 Cars In US
Japan’s automobile giant, Toyota Motor Corporation today announced that it would recall 412,000 cars in the United States. These high-end passenger cars have some steering problems that need to be… Read more
Spanish telecom firm Telefonica agrees to buy Brazil’s Vivo
Telefonica has agreed to buy Portugal Telecom’s stake in Brazilian operator Vivo in a deal worth 7.5 billion euros ($ 9.75 billion). Portugal Telecom (PT) can initially rejected the Spanish… Read more
Two Competition Probes On IBM On Charges Of Market Abuse
The European Commission has accused the information technology giant, IBM of market abuse and has launched two competition inquiries to study this matter. The company faces two charges. One from… Read more
Chief Executive Tony Hayward To Quit BP
BP Chief Executive, Tony Hayward is likely to quit the company within the next two days. The decision has been taken in lieu of criticism and public outrage against Hayward… Read more
SSL International To Be Bought By Reckitt Benckiser
In order to amplify its presence in the health and personal care market, Reckitt Benckiser has decided to buy SSL, the maker of Durex condoms. Both the parties have agreed… Read more
Conrad Black’s Bail Granted
The former newspaper magnet, Conrad Black has been granted bail by the US appeals court. The former owner of Daily Telegraph had been found guilty of fraud and obstruction of… Read more
