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  • Industry News

    Dell debuts first U.S. smartphone at $100

    Posted on August 24, 2010

    (Reuters) – Dell Inc on Tuesday released its first U.S. smartphone, entering the increasingly crowded market with a 3.5-inch Android device called the Aero that costs about $100 on AT&T network.

    SABMiller, Asahi eye Foster’s beer unit: sources

    Posted on August 23, 2010

    (Reuters) – Brewing groups SABMiller (SAB.L) and Asahi Breweries (2502.T) are looking at Foster’s Group’s (FGL.AX) beer operations, valued at more than $10 billion, but have not yet made any formal offers, sources said.

    Stocks at 1-month low as euro dips on growth fears

    Posted on August 22, 2010

    (Reuters) – Lingering fears about economic growth drove world stocks to a one-month low on Friday, while boosting the safe-haven appeal of U.S. government bonds and the U.S. dollar.

    Google to hire 200 in Ireland

    Posted on August 21, 2010

    (Reuters) – Google Inc plans to hire 200 people in a new operations center in Dublin.

    Google already employs 1,500 in the Irish capital where its European headquarters are based and the new center will work on the group’s location-based products such as Google Local and Google Maps.

    Dell and HP shake off slowdown fears

    Posted on

    (Reuters) – Dell Inc and Hewlett-Packard Co dismissed worries about weakening technology demand, reporting broad-based strength from corporate customers and only hints of weakness from consumers.

    Lady Gaga to steal Britney Spears’ Twitter crown

    Posted on August 20, 2010

    NEW YORK (Billboard) – In a symbolic exchanging of the pop princess crown, Lady Gaga will soon become the world’s top Twitter user by overtaking current champ Britney Spears’ number of followers.

    Cameron Diaz ranked most dangerous Web celeb: study

    Posted on August 19, 2010

    (Reuters) – She may be known for her playful giggles and killer looks, but now movie star Cameron Diaz has become the most dangerous celebrity on the Internet.

    More than 1 million South Africa state workers strike

    Posted on August 18, 2010

    (Reuters) – More than one million South African state workers went on strike for more pay on Wednesday, threatening a prolonged action they say will bring the government in Africa’s largest economy to a halt.

    Dana in talks to buy more Suncor assets – sources

    Posted on August 17, 2010

    (Reuters) – Oil explorer Dana Petroleum, which received a $2.6 billion bid approach from Korea National Oil Corp (KNOC) in June, is in advanced talks to buy UK North Sea fields from Canada’s Suncor Energy, sources close to the matter said Tuesday.

    Strategic defaults: Why older Americans walk away from mortgages

    Posted on August 16, 2010

    When Ken Carpenter bought his two-bedroom Florida condominium in 2004, the investment looked like a no-brainer.

    The 68-year-old retired General Motors quality engineer, who lives in Michigan, paid a little under $200,000 for the West Palm Beach apartment in a complex with a swimming pool, tennis courts and fitness facilities. His adult daughter, who lived there and had been renting, would move into the unit and pay rent. The apartment would also serve as a vacation property for Carpenter and his wife.