Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site, a media report said.
The Wall Street Journal is working towards aligning its India strategy to the practices it follows globally, that is, to increase focus on digital distribution.
Time Warner Inc's popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.
The US drone strike that killed Al Qaeda chief Ayman al-Zawahiri on the balcony of a safe house in downtown Kabul points to the use of secret Hellfire missiles by the CIA as there was no explosion and, according to American President Joe Biden, "no civilian casualties" either.
Apple's nascent interest comes as Hulu's owners look to sell the popular property. Hulu's owners include Comcast Corp, News Corp and Providence Equity Partners.
Attributing to people familiar with the situation, the Wall Street Journal said that some officials at the agency have expressed doubts about the rigour of the report, which was based partly on interviews of Citi executives who were asked to rate the effectiveness of their colleagues.
Goldman Sachs is seeking to avoid a fraud charge as part of its settlement with the United States market regulator SEC, which had charged the investment banking major with defrauding investors by misrepresenting facts, a media report said.
Berkshire has reduced its stake as various regulatory inquiries and a slowdown in the business of rating lucrative structured bonds has taken a toll.
Global software major International Business Machines' chief executive Samuel Palmisano believes the government's $30-billion information technology investments may create over 900,000 jobs.
Google Inc has asked some television-set makers to delay the launch of TV sets based on the internet company's software, says a media report.
New York prosecutors are poised to file civil fraud charges against Ernst & Young.
India's Permanent Representative to the UN Hardeep Puri invited over two dozen journalists from the mainstream American media, including the New York Times, the Wall Street Journal and the Washington Post, at a working luncheon to get its point of view on the UN reform process across.
According to the publication, in July, McGraw-Hill Cos, owner of BusinessWeek, said it was putting the magazine on the block. Since then, McGraw-Hill and its investment bank, Evercore Partners Inc, have had discussions with several parties.
Lawyers of embattled Goldman Sachs met with representatives of the US market regulator SEC this week, a move seen as an attempt to settle the lawsuit against the banking major, according to reports.
The conviction of Pakistani national Ajmal Kasab by a Mumbai court in 26/11 terror attack case has been widely carried in the US media on Tuesday, the day on which it was itself grappling with trying to find out who was behind the failed Times Square car bombing.
Floyd Cardoz, the chef behind the New York restaurant Tabla, has taken home the top prize in the third season of Top Chef Masters.
A record 15 million people around the world this year entered America's green-card lottery, an immigration scheme offering a quick path to legal and permanent United States residency for 50,000 people annually, a media report said on Monday.
AIG Rail Services Inc, a Chicago business that is part of AIG's financial-services division, was set up around five years ago and provides rail-car leases and equipment financing to shipping companies, railroads and others.
The US government is examining the possible role of Goldman Sachs and well-known investment banker Rajat Gupta in the Galleon hedge fund insider trading scam, says a media report.
The US Federal Trade Commission is understood to be preparing for an antitrust challenge against Internet giant Google's proposed purchase of mobile advertising firm AdMob, a media report says.
The US-hosted Nuclear Security Summit, to be attended by leaders of 40 countries including Prime Minister Manmohan Singh, is expected to issue a communique endorsing a global crackdown on illicit trade of nuclear material. A draft communique also calls for securing all vulnerable nuclear materials within 4 four years, The Wall Street Journal reported on Wednesday.
As per the study of CEOs of 200 major US companies, the median compensation fell marginally by 0.9 per cent to $6.95 million in 2009, the Wall Street Journal said, citing an analysis by Hay Group management consultancy.
United States President Barack Obama is expected to "try his level best to avoid the K-word -- Kashmir" during his three-day trip to India that starts next week, a newspaper has reported.
Although now free, Mangal's ordeal may be far from over.
The US had lost communication with nearly 50 intercontinental ballistic nuclear missiles, one-ninth of its arsenal for 45 minutes over the weekend, even as defence officials said that there were no chance of an accidental launch or foul play, a media report said on Wednesday.
A few weeks ago, contrary to speculations among the Chinese, Zhao Baige, deputy director of the National Population and Family Planning Commission of China, announced that the country would be continuing with its one-child policy for another five-year term starting 2011.
Internet search engine giant Google is testing a new TV-programming search service with satellite television operator Dish Network Corp, a move that would allow users to find content from television and the web.
According to the Wall Street Journal, Pakistan will again raise their demand for a deal -- similar to one the US has with India -- during US Secretary of State Hillary Clinton and Pakistan Foreign Minister Shah Mahmood Qureshi's meeting in Washington on October 22.
In the coming week, the United States and Pakistan will hold their third strategic dialogue since March this year and Pakistan is all set to renew its attempt to push for a civilian nuclear deal with Washington.
Media giant AOL, along with some private equity firms, is 'exploring' making an offer to buy Yahoo Inc, as the Internet company deals with poor financial performance and an exodus of senior executives, a media report said.
US will supply sophisticated laser-guided-bomb kits, 12 American-made surveillance drones and 18 late-model F-16 fighters to boost Pakistani forces capability to strike in remote tribal areas, a development which could spark unease in New Delhi.
In an apparent bid to strengthen ties both with India and Pakistan, and create new opportunities for the country's defence firms, the United States is considerably increasing arms sales to the two nuclear powered South Asian nations, a report in the Wall Street Journal (WSJ) said.
In an interview to The Wall Street Journal, Motorola co-chief executive Sanjay Jha said he is willing to look at using Microsoft's operating system if the software company gets it right.
Asserting that the Pune's German Bakery blast should not derail the upcoming foreign secretary-level talks between India and Pakistan, one of the key aides of President Barack Obama, Senator John Kerry has said that Washington is ready to assist both countries, and that the long-pending Kashmir issue should not be a 'prerequisite' in the initial conversation.
Market data service provider Capital IQ is buying smaller rival TheMarkets.com for $300 million, says a media report.
Attributing to people familiar with the matter, The Wall Street Journal reported that HP's board met for nearly three days through September 17 for discussions that included an update on the CEO search.
Certain publications like the Wall Street Journal and Newsday already charge for online articles, and New York Times will be doing so shortly. Now, the NY Times reports that other newspapers are following suit. "With advertising plummeting, many other publishers eager for a new source of revenue are considering making the switch, despite the risk of losing audience and advertising,"the Times wrote.
Indian household helps are among the lowest paid workers.
Hewlett-Packard Co sued its former chief executive Mark Hurd to block him from joining rival Oracle Corp as a senior executive, alleging the hiring breaches his exit agreement and will lead to a transfer of technology giant's trade secrets to a competitor.
Publishing giant HarperCollins is in talks with Apple Inc to make electronic books available for the IT major's new tablet PC - expected to be launched later this month, a media report says.
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