Wells Fargo seeks cash injection for Wachovia takeover
Submitted by Marina Dimova on Thu, 11/06/2008 - 09:06.Wells Fargo, the biggest bank on the US west coast, said Wednesday it would issue 10 billion dollars in stock to help pay for the takeover of Wachovia Corp.
Cisco profits down - issues revenue warning
Submitted by Marina Dimova on Thu, 11/06/2008 - 08:59.Networking giant Cisco Systems held quarterly profits stable at 2.2 billion, it said Wednesday.
Microsoft says malware threats rise 43 per cent
Submitted by William Kaelin on Mon, 11/03/2008 - 23:00.Worldwide threats from malicious software that cripple computers with spy programs, viruses and worms have increased 43 per cent over the past year, Microsoft said Monday in its Security Intelligence
Google and Yahoo said to be dropping deal
Submitted by William Kaelin on Fri, 10/31/2008 - 22:22.Google and Yahoo are set to drop their proposed ad alliance possibly as early as next week because of antitrust objections by the Justice Department, the Wall Street Journal reported Friday.
Microsoft first-quarter profits more than 4 billion dollars
Submitted by Marina Dimova on Fri, 10/24/2008 - 08:32.Microsoft on Thursday reported first-quarter results that exceeded analysts' expectations, with profits up 2 per cent to 4.37 billion dollars.
Sales rose 9.4 percent to 15.1 billion dollars in the quarter that ended September 30, the company said in a statement, spurred by the demand for Office programmes and the Xbox video game console.
Yahoo expected to announce at least 1,000 job cuts
Submitted by Marina Dimova on Tue, 10/21/2008 - 08:37.Yahoo Inc was to announce at least 1,000 job cuts, possibly as early as Tuesday when it releases its quarterly earnings report, two newspapers reported.
Technology brings families closer
Submitted by William Kaelin on Mon, 10/20/2008 - 22:08.Undermining widely held views about the divisive effects of the internet and cell phones, a new study claims that the use of modern communications devices is bringing families closer together by effectively turning them into online social networks.
Golden Gate Bridge to get 50-million-dollar suicide net
Submitted by William Kaelin on Sat, 10/11/2008 - 03:34.San Francisco -
The world famous Golden Gate Bridge is to get a 50-million-dollar suicide net after bridge bosses ruled that it was more important to save lives than preserve the structure'


London - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic "uncertainties."
Washington - Buying a new computer usually involves comparing models. Comparisons are more difficult than they used to be, as the number of choices has grown and manufacturers have started marketing computers with specific uses in mind.
Indian authorities have issued a birth certificate to a Japanese baby born to an Indian surrogate mother, easing the way for her Japanese father to take her home, news reports said Saturday.