August 11, 2009 | mauthor | Business, all | No Comments
Today, Facebook bought Friendfeed for $50 million. The reason behind facebook buying friendfeed is, facebook wants to confound google, as google cannot index facebook pages properly. They want to make facebook the largest web space. Frienfeed has 12 members in their team, in that 3 are ex goog
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August 10, 2009 | mauthor | Business, all | No Comments
General Motors after its bankruptcy, planned to sell car through ebay.com, GM aims to introduce a new platform for the buyers. On Aug 10 Tuesday, GM will launch a pilot program with EBay to sell the cars. Through this program buyers can place a bid for GM cars from GM dealers. And it has lot
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August 7, 2009 | mauthor | Business, all | No Comments
Apple might release a mini computer in the early 2010, which looks like a Ipod touch but slightly bigger than IPod touch. The Apple mini computer or tablet will be priced between $500 to $700. This is in competition to the other Netbooks or mini laptops manufactured by Dell, Acer, Toshiba and
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The unemployment rate in the United States rose to 8.9% in the month of April, the highest rate since 1993, with 13.7 million people out of work.The total number of people receiving jobless benefits climbed to 6.35 million. The US has lost more than five million jobs since the recession started i
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Toyota Motor, the world's largest vehicle manufacturer, has reported a loss of $7.7bn for the first three months of this year, its worst result ever.The Japanese company's latest fiscal results are a dramatic turnaround after it made a record profit of 2.27 trillion yen last year.It warned on Friday
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The aim of the 'stress tests' was to find out if the banks had enough money to tide them over if the recession continues to deepen. Some of the United States biggest banks failed the 'stress tests' it was revealed today. In total, ten of them are looking for a $74.6 billion cash injection to help
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Michael Jackson is being sued for $44 million by his former spokeswoman Raymone Bain, who claims the singer breached an employment contract. Lawyers for Bain, who represented Jackson during his 2005 child abuse trial, filed a breach of contract civil lawsuit in Washington, D.C. Bain herself said in
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Jet Airways introduces a new all Economy service, Jet Airways Konnect starting May 08, 2009, on select routes in India.Jet Airways Konnect is a new economy class service designed to meet the needs of the low fare segment. It will complement Jet Airways’ full service product, by providing a serv
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General Motors posts a $6 billion loss during the first quarter, in its last earnings report before a government-imposed restructuring deadline. The company also says that it burned through $10.2 billion of cash as revenue plummeted by $20 billion.
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