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More traffic for Twitter than MySpace

Twitter managed to lead MySpace being third among social networking sites ranking #50 in the top 50 properties overall, according to marketing research firm comScore. The lead was marginal with…

Spending on Capital Equipment in the US Revives

Orders and spending for capital equipment in the US revived in August 2010, and was not as severely hit as predicted by economists. Though total orders declined by 1.3 percent,…

Resurgence of Global Mergers and Acquisitions

After two slow years, banks are gradually opening up their lending capacity to finance large acquisitions worldwide. Also cheaper lending rates are creating more opportunities for potential buyers. With banks…

Forbes 2010 List of Richest US Billionaires

In the Forbes February 12, 2010 ranking of richest billionaires of the U.S., Bill Gates of Microsoft once again emerged on top. For 17 years in a row, Gates has…

BHP sued by Potash Corp

BHP Billiton was sued on Wednesday by Potash Corp, which wants to block BHP’s hostile bid amounting $39bn to take over the fertilizer company from Canada. The basis of the…

IBM to Buy Netezza for $1.7 bn

International Business Machines Corp (IMB) has made an offer amounting $1.7 billion to purchase Netezza Corporation, a data analytics company. IMB’s intention is to enlarge its technology services business and…

iPhone 4 Launch in China

The launch of China Unicom’s latest Apple iPhone is taking place in China on Saturday to retrieve the market share with the crush of U.S. Company’s smart phones. According to…

UK BAE Systems Could Takeover L-1 Identity Solutions through a $300m Transaction

Transaction rumors have it that BAE Systems intends to purchase L-1 Identity Solutions for $300 million. If this transaction will take place, then it would make SAFRAN, the French state-controlled…

Annual Conference on Clean Energy featuring New Companies and Leading Speakers

This year, the biggest clean energy conference in New England entitled ‘The Sixth Annual Conference on Clean Energy’, will take place at the Hynes Convention Center, in Boston.  The conference…

Nissan Part of Joint Company to Promote ‘4R Energy’ Business

Nissan Motors and Sumitomo Corporation have announced the establishment of a new joint-venture research company. The new joint company was established on September 14 and will conduct research regarding the…