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Class action lawsuit over instagram furor -FB

A lawsuit was filed in California (San Francisco) Federal Court by Lucy Funes an individual user, of Instagram in joinder with several other users, demanding Instagram to stop changing the terms of service. Instagram; a social networking site which allows users to edit the pictures for free and post them readily on the internet, has […]

Stake buy by chevron in Kitimat liquefied natural gas terminal- ECA & EOG

Chevron Corporation (NYSE:CVX) , one of the world’s leading energy companies is involved in production and distribution of all forms of energy products viz. Transportation fuel, generating power, natural gas, petrochemical products, and also in refining and transportation of crude oil. It has its existence in the United States, Australia, South America and Asia. Recently […]

HTC to launch windows tablet- MSFT, INTC, AAPL, and GOOG

Taiwanese Smartphone manufacturer HTC Corp is on the look for expanding in the Smartphone and tablet devices market to measure up against rival Samsung Electronics. The company is developing Widows OS based tablet devices to leverage its share in the saturated niche. The new product will be marketed in 12-inch and 7-inch versions and will […]

IntercontinentalExchange to buy NYSE- ICE, NYX

The bourse of energy and commodity futures, IntercontinentalExchange Inc. (NYSE:ICE) is about twelve years old. It has agreed to buy NYSE Euronext (NYSE:NYX) for cash and stock with a value of $8.2 billion.  This is a step by IntercontinentalExchange Inc. (NYSE:ICE) towards taking being in charge of the biggest equities market of the world. Atlanta […]

Clearwire Corporation (NASDAQ:CLWR) board gives nod to new offer from Sprint Nextel Corporation (NYSE:S)

The takeover bid from Sprint Nextel Corporation (NYSE:S) at per share price of $2.97 has been agreed by the board of the Clearwire Corporation (NASDAQ:CLWR). Sprint Nextel Corporation (NYSE:S), which is the wireless partner of Clearwire Corporation (NASDAQ:CLWR), is currently looking forward to obtain the segment of the company which is not owned by it […]

The Truth of UBS AG (USA) (NYSE: UBS) Libor Pact Unveiled – BCS and C

According to a source with knowledge about the matter revealed that the U.S. prosecutors are their way to file charges against several bankers associated with UBS AG (USA) (NYSE: UBS) to support Tokyo interbank rates. The charges would be alleged by the United States Department of Justice against all the individuals involved in the manipulation […]

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