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New Xbox may keep Microsoft in the game

Posted by Forexsq 3 days ago (http://www.marketwatch.com)
img Microsoft Corp. is expected to unveil a new Xbox videogame console on Tuesday, nearly eight years since the company launched its last gaming device into a market that was far more certain than it is today.

Yahoo Deal Shows Power Shift

Posted by Forexsq 4 days ago (http://online.wsj.com)
img The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades.

After inflation, 10-year U.S. notes yielded 0.91 percent last week, or 1.77 percentage points more than real yields on U.K. gilts, the widest spread in 25 months. Versus Germany, the

Yahoo to buy Tumblr for $1.1 billion: Report

Posted by Forexsq 4 days ago (http://money.cnn.com)
img The Yahoo board has reportedly approved a deal to pay $1.1 billion in cash for the blogging site Tumblr.

Rumors had been swirling late last week that Yahoo (YHOO, Fortune 500) CEO Marissa Mayer was in talks with Tumblr CEO David Karp.

White House Counsel Told of IRS Audit Weeks Ago

Posted by Forexsq 4 days ago (http://online.wsj.com)
img The White House's chief lawyer learned weeks ago that an audit of the Internal Revenue Service likely would show that agency employees inappropriately targeted conservative groups, a senior White House official said Sunday.

That disclosure has prompted a debate over whether the president should have been notified at that time.

In the week of April 22, the Office of the White House Counsel a

White House springs into damage control

Posted by Forexsq 8 days ago (http://www.reuters.com)
img With no sign of an end to three mushrooming scandals, the White House acknowledged the rising political dangers on Wednesday by launching a concerted effort at damage control.

In a whirlwind few hours, the administration moved forcefully to counter criticism of its handling of the deadly attacks in Benghazi, Libya, the seizure of reporters' phone records in a Justice Department leak investigat

Facebook in Talks to Buy Driving App Waze

Posted by Forexsq 14 days ago (http://online.wsj.com)
img Facebook is in talks to acquire Waze, a navigation app for mobile devices, in a deal that could be worth as much as $1 billion.

While these people characterized the discussions as serious, they cautioned that a deal may still fall apart.

Waze, which has close to 50 million users, offers driving directions based on input from other members, such as tips on traffic jams or car accidents. It

China rejects Pentagon charges of military espionage

Posted by Forexsq 17 days ago (http://www.reuters.com)
img China is using espionage to acquire technology to fuel its military modernization, the Pentagon said on Monday, for the first time accusing the Chinese of trying to break into U.S. defense computer networks and prompting a firm denial from Beijing.

In its 83-page annual report to Congress on Chinese military developments, the Pentagon also cited progress in Beijing's effort to develop advanced

Italy's Letta government begins life in climate of crisis

Posted by Forexsq 25 days ago (http://www.reuters.com)
img New Italian Prime Minister Enrico Letta will seek the backing of parliament in a confidence vote on Monday, facing severe political and economic problems that will test the solidity of his coalition government in the months ahead.

The vote takes place under the shadow of the gun attack on Sunday in which an unemployed man shot two police officers and a passerby outside the prime minister's off

U.S. suspects Syria used chemical weapons, wants proof

Posted by Forexsq 28 days ago (http://www.reuters.com)
img The White House said on Thursday the Syrian government of President Bashar al-Assad had probably used chemical weapons on a small scale in the country's civil war, but insisted that President Barack Obama needed definitive proof before he would take action.

The disclosure created a quandary for Obama, who has set the use of chemical weapons as a "red line" that Assad must not cross. It trigger

Bangladesh building collapse kills at least 76 garment workers

Posted by Forexsq 30 days ago (http://www.guardian.co.uk)
img At least 76 garment workers have been confirmed dead in Bangladesh after an eight-storey building containing clothing manufacturing units collapsed.

Mohammed Neazuddin, the health secretary, confirmed the death toll and police said hundreds of people remain trapped under the rubble.

The building in Savar, about 12 miles (20km) north of Dhaka, the capital, collapsed at 9am on Wednesday after

Security officials face questions over Boston Marathon bombings

Posted by Forexsq 31 days ago (http://www.reuters.com)
img Top security officials face a grilling from lawmakers on Tuesday over whether authorities who have charged one man with the Boston Marathon bombings may have overlooked warning signs two years ago flagging the other suspect.

Dzhokhar Tsarnaev, 19, was formally charged with using a weapon of mass destruction and malicious destruction of property resulting in death at a bedside hearing on Monday

Twitter trading influence laid bare by fake tweet

Posted by Forexsq 30 days ago (http://www.marketwatch.com)
img It was the tweet heard around the markets, and for about four minutes it sent everything crashing.

Shortly after 1 p.m. Eastern on Tuesday, a breaking-news tweet surfaced on the Associated Press’s main account, @AP, reporting that two explosions had gone off at the White House and that U.S. President Barack Obama had been injured.

Apple Wins Case Brought by Google’s Motorola Over IPhones

Posted by Forexsq 31 days ago (http://mobile.bloomberg.com)
img Apple Inc. averted an order that could have hindered imports of the iPhone 4 into the U.S. after persuading a U.S. trade agency to invalidate a patent owned by Google Inc. ’s Motorola Mobility unit over a phone sensor,

The U.S. International Trade Commission in Washington yesterday upheld a judge’s findings that the Motorola Mobility patent is invalid, though for different reasons. The patent

Boston bomb suspect killed, massive manhunt ensues for younger brother

Posted by Forexsq 35 days ago (http://live.reuters.com)
img About five hours after the FBI released the pictures of the bombing suspects, a police officer was shot and killed on the campus of Massachusetts Institute of Technology, the Middlesex County District Attorney said in a statement.

A short time later, police received reports of a carjacking by two men who kept their victim inside the car for about half an hour, the statement said.

Police pur

1 Boston bombing suspect dead, the other still at large

Posted by Forexsq 35 days ago (http://www.marketwatch.com)
img A Boston Marathon bombing suspect was killed in a confrontation with police and a manhunt was on for the second suspect — both of whom were believed to be involved in the fatal shooting of an MIT campus police officer during a chaotic series of events Thursday night.
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