Facebook lets its 750 million users video chat

2011-07-07 07:27:23

Facebook is striking back at Google Inc, which last week introduced a social networking service dubbed Google+, launched a video-calling feature with Skype for its 750 million users. Google+ challenges Facebook in new battle

Boeing ponders big dream to outfox Airbus

2011-06-22 07:53:48

Boeing Co is leaning toward a bigger version of the 787 Dreamliner as the US company seeks to out-maneuver Airbus SAS in a widebody jetliner market.

IMF cuts US growth forecast, warns of crisis

2011-06-18 10:42:47

US, Europe are "playing with fire" unless they take immediate steps to reduce budget deficits.

Saudi, US debated oil reserve swap

2011-06-16 09:53:06

It was to be a swap felt around the world - a plan privately discussed by the world's largest oil exporter and the globe's biggest consumer to take the heat out of $120-plus oil prices.

Samsung to end Nokia's smartphone reign

2011-06-14 09:40:52

Samsung Electronics Co Ltd will become the world's largest smartphone maker this quarter, overtaking struggling Nokia Oyj which has lead the market since 1996, Nomura said on Monday.

Asian currencies end rally on poor US data

2011-06-13 08:51:12

Asian currencies halted a three-week rally as signs the world's biggest economy is slowing tempered demand for emerging-market assets and raised concern about the outlook for exports.

IMF becomes latest known target of major cyber attack

2011-06-12 13:28:19

The IMF, the intergovernmental group that oversees the global financial system and brings together 187 member nations, has become the latest known target of a significant cyber attack.

US jobless claims rise, trade gap narrows

2011-06-09 22:47:21

The number of Americans filing new claims for unemployment aid unexpectedly edged higher last week, stoking fears of a stalled economic recovery even as a separate report showed record US exports in April.

IMF: US slowdown likely temporary

2011-06-08 15:52:07

The Federal Reserve does not need to consider additional monetary policy stimulus as the world's largest economy is likely to pick up in coming quarters due to growth in exports and disposable incomes.

US debt default unimaginable, creditors say

2011-06-08 16:45:13

Allowing a brief US debt default to force government spending cuts is a "horrible idea" that could destabilize the world economy and sour already tense relations with big creditors,

Nintendo lifts lid on Wii U, seeks hardcore gamers

2011-06-08 09:03:32

While the first new gaming console in five years fell short of being the game-changer the original was -- luring millions of new casual users with its simplicity and motion-control -- industry executives and analysts gave the Wii U's touchscreen controller the thumbs-up.

Plane makers promote biofuels

2011-06-07 08:05:00

Boeing and Airbus in negotiations to increase supplies of cleaner fuel