Dominique Strauss-Kahn, chief of IMF, is feared to be contemplating suicide after the pressure for him to resign from his office grows and the hotel maid he allegedly raped said that she did not have any idea who he was when she reported him. Strauss-Kahn is now under suicide watch said the police on Tuesday. […]

Chief Executive Howard Stringer, CEO of Sony Corporation, was not a least bit apologetic regarding Sony’s delay in informing their at least 100 million customers in the hacker breach they faced a few weeks ago. The information of the customers in the company’s PlayStation Network were stolen by a hacker or several hackers April this […]

Three French publishers on Wednesday said that they were taking legal actions against Google, an American multinational corporation for Internet-based services and products, for illegally scanning thousands of their books for its online library. The lawsuit was lodged by publishers Albin Michel, Flammarion and Gallimard at a court in Paris. A source from Gallimard’s legal […]

The world’s largest producer of computer networking devices, Cisco Systems Incorporated, announced on Wednesday that they are planning to remove thousands of jobs in line with their cost-cutting measures in order to increase their profits again. Cisco’s sales have improved since the recession but started to decline again during third to fourth quarter of 2010. […]

The parent company of Absolute Poker and Ultimate Bet – websites offering online poker games – said on Monday that they have laid off a total of 11 sponsored poker professionals as two of the company’s executives face charges of processing illegal payments. Blanca Games, an Antigua-based company, said that it has cut off ties […]

Huge mobile companies such as Google and Apple are hoping that the tracks they set-up in millions of mobile device users will generate billions of dollars for them. However, lawmakers think they have crossed the line. Last month’s revelation that Apple iPhones collect location data and store it for as long as 12 months has […]

Reports say that the much anticipated release of the celebrated iPhone 5 will be pushed back. Apple’s regular schedule of releasing new gadgets at the beginning of summer may be upset by the release of iPhone 4 under Verizon Wireless February of this year. The company is facing a possible production problem due to shortages […]

As two of the biggest networks battle to gain collaboration with Skype, Facebook is more aggressive than Google. Analysts, however, say that the world’s biggest social network may actually be a better fit. On Wednesday, Reuters reported that both Google and Facebook are trying to win partnership with Skype separately. Skype is currently the leading […]

A new report says The Wall Street Journal is the largest daily newspaper in the United States. The Journal, which is owned by News Corporation, has an average daily circulation of more than 2.1 million published in New York City. The national American newspaper, USA Today, ranks second with a total of 1.8 million average […]

A lawsuit that was filed on Tuesday alleges that huge furniture rental company holds software in their computers that will allow them to track keystrokes, screenshots and webcam images of their clients while they use the rented furniture at home. The lawsuit was filed for a couple from Wyoming. The couple said that they found […]