Jeff Bezos is one of the few chief executives in corporate America who refuse to bow to Wall Street's quarterly profit demands.
"Executives at both Facebook and Google, among other companies, have held low-level talks with those at Twitter Inc in recent months to explore the prospect of an acquisition of the messaging service," The Wall Street Journal reported, citing a person familiar with the matter.
Brazilian soccer player Neymar hit back at sportswear maker Nike Inc on Friday, saying the company's statement that it terminated an endorsement deal because he refused to cooperate with an investigation into the alleged sexual assault of a Nike employee was "an absurd lie".
The cuts represent roughly 6% of its institutional securities unit - which includes sales, trading and investment banking, sources say.
Apparently Human Resources and Development Minister Kapil Sibal -- the Harvard-educated, erstwhile Wall Street lawyer -- still occasionally pines for the United States, going by his waxing nostalgic for the opportunities America afforded him during the time he spent in Cambridge, Massachusetts and the Big Apple.
Rich are increasingly accumulating a greater share of the national wealth.
So you weren't rooting for Cate Blanchett and Leonardi DiCaprio? Vote for the actors/ films YOU preferred!
As the lead underwriter responsible for Facebook's IPO, Morgan Stanley, would receive the largest chunk of those profits arising from stabilising Facebook's stock price, the report said citing a person familiar with the matter.
The vote came at Citi's annual shareholder meeting held in Dallas on Tuesday.
California-based physician Ami Bera, the third Indian American to get elected to the United States House of Representatives, has termed India as an important strategic partner of the US. Bera asserted that New Delhi should continue with its strategic partnership with Washington and the country should remain a market destination for US goods and services.
China's intriguing scandal relating to Bo Xilai took a new turn with revelations that Briton Neil Heywood murdered by the expelled Communist Party leader's wife was a spy working for British secret service - MI6.
"Operation Global Blackout 2012 looks to shut down the internet for a whole day on Saturday by disabling its core DNS servers, making websites inaccessible," Noble said in New Delhi.
US authorities are investigating J P Morgan's hiring practices in China as part of a wider bribery probe
Nawaz Sharif, poised for a record third term as Pakistan Prime Minister after his party's emphatic win in the landmark general elections, has vowed to pursue better relations with the US while seeking "warmer ties" with India.
The salary is however lower than Pandit's, whose base pay touched $1.75 million in 2011.
On Thursday, the UN pegged the calender 2013 growth at 6.4 per cent, while the ADB last projected that the domestic economy would reach 6 per cent in the current fiscal.
Yahoo Inc's first quarter revenue fell short of Wall Street targets, as the Internet company continued to feel the effects of declining traffic to its Web properties and of falling display advertising sales.
Market benchmark BSE Sensex rallied 635 points to 59,942 in the opening trade of the special Muhurat session on Monday to mark the beginning of Hindu Samvat year 2079. The 30-share index was trading higher by 635.12 points, or 1.07 per cent, at 59,942.27 in the first few minutes of trade. Similarly, the broader NSE Nifty surged 192.20 points or 1.09 per cent to 17,768.50.
Revamped at a cost of Rs 10 crore, Ouni village in Uttarakhand is being touted as a 'modern village' now. Nearly 40 solar street lights, two new transformers, and as many washrooms have been set up in the village, which didn't have street lights till a few months ago, reports Sarthak Choudhury.
The younger brother of jailed hedgefund manager Raj Rajaratnam Monday pleaded not guilty at a US court to charges of conspiring in an insider trading scheme to cheat on Wall Street and earn nearly $1.2 million illegally.
Kodak is prepairing to file for bankruptcy.
Monika Halan is editor of Mint Money, India's second-largest business newspaper, which has an exclusive partnership with the Wall Street Journal.
After Vodafone and Shell, it seems to be the turn of Cadbury.
These are the television shows that will crackle and pop a lot longer than anything you'll get your paws on.
The Budget will be keenly watched (to see) whether there is a credible plan for reducing the fiscal deficit and whether populist measures can be avoided before the 2014 general elections," the Wall Street firm said in a note.
Did the Pakistani officials mistakenly sanction the deadly NATO strike on their own border outposts killing 24 soldiers? According to a Wall Street Journal report, that is what happened on the fateful Saturday.
Facebook, which has about 800 million users worldwide, is currently in 'internal discussions' with US regulator Securities and Exchange Commission regarding the timing of its initial public offering, the Wall Street Journal quoted people familiar with the matter as saying.
The North Atlantic Treaty Organisation and Afghanistan forces came under fire from across the Pakistan border before they called in a deadly air strike on two Pakistani military posts that left 24 soldiers dead, media reports quoted Afghan and western officials as saying.
Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and Microsoft Corp to try to turn around the struggling computer company without Wall Street scrutiny.
Democratic presidential candidate Hillary Clinton holds a slim lead over her Republican rival Donald Trump, a new poll shows just over a week before the epic United States presidential election.
Stepping down as the top American diplomat at the height of popularity, Hillary Clinton could announce her 2016 presidency bid by 2014, a media report said on Friday.
Despite recent enthusiasm for RIM's new BB10 devices, we see limited scope for traction in the hyper-competitive smartphone market.
BSE market breadth was positive. Out of 2,972 stocks traded, 1,203 shares advanced while 986 shared declined in trades.
In secret concessions to Pakistan, the US has tightened rules on drone strikes inside the country, apparently making them more selective as part of efforts to shore up its fragile relationship with Islamabad.
US federal investigators are probing whether investment banking major Morgan Stanley misled investors about mortgage-derivative deals, says a media report.
It went up 51 per cent in third quarter compared to last year.
Rajat Gupta, one of the most successful Indian Americans on the Wall Street, was on Friday found guilty of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam, in one of America's biggest insider trading cases.
He might have presided over assets worth billions of dollars, but Raj Rajaratnam will have to work for 12 to 17 cents an hour cleaning the kitchen or the toilet in prison.
