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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After 100 days in office, U.S. president Barack Obama gave a speech Wednesday. He spoke about the swine influenza outbreak and the struggling economy, both described by the Los Angles Times as "two wars." He used the prime time television slot to showcase his message throughout the United States.
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Minnesota officials have sent a list of gambling web sites to internet service providers doing business in the state, including AT&T, Comcast, and Sprint. The list is supposed to act as a blacklist, and the state is asking ISPs to prohibit customers from visiting those sites. The idea is that
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China, wary of the troubled US economy, has 'canceled America's credit card' by cutting down purchases of debt, a US congressman says. China has the world's largest foreign reserves, believed to be mostly in dollars, along with around 800 billion dollars in US Treasury bonds, more than any other
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Silverton Bank, was a "bankers' bank," offering a wide variety of services, such as foreign wire transfers, as well as clearing and cash management, to other banks.At the time of its closing, Silverton Bank had approximately $4.1 billion in assets and $3.3 billion in deposits, all of which are ex
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Arizona is receiving $82 million in federal stimulus money through the U.S. Environmental Protection Agency to develop water projects across the state. The Drinking Water State Revolving Fund, which provides low-interest loans for drinking water systems and emphasizes small and disadvantaged comm
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Macquarie Group annual profit falls 52%, its profit for the year ended in March falls by 52%. Profit for the year after tax was 871 million Australian dollars ($635 million). In the second half, there was continued market declines particularly in November 2008 and February 2009,Macquarie Chief Ex
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