Markets

Apple Turns World’s Most Valuable Company As Shares Rally Above $500

Tim Cook has been proved the most suitable heir of Steve Jobs for Apple Inc. as the Company’s shares reach an all time high above $500 on Monday.

North Korean Team Leaves To Negotiate With US

North Korean nuclear envoy headed by the vice-foreign minister has left for United States to discuss its nuclear programme and a possible resumption of six-nation talks.

Iran Halts crude oil supply to France and Britain

Tension between Iran and western countries has intensified after the former stopped crude oil supply to France and Britain against the tightened EU sanctions.

Sony launches new brand, buys Ericsson’s shares

Sony has acquired Ericsson’s shares for US $ 1.47 billion to launch its new brand Sony Mobile Communications which replaces a well established brand Sony Ericsson in the market.

Anonymous breach sensitive federal information

Hacking group Anonymous gained access to the conference call between FBI and Scotland Yard and published recording to raise serious security concerns.

Motorola Mobility revenue dips in fourth quarter

Motorola Mobility registered dip in revenue in the fourth quarter due to the increased competition in Smartphone market.

Google changed privacy policy to track users

Internet giant Google has changed its privacy policy to track users for giving more relevant ads and search result on its services.

Facebook launches new apps for timeline users

Facebook unveiled 60 new apps for the timeline users to share stuffs like photos, fashion and travel.

Google joins protest against anti-piracy policy

Google joined Wikipedia against United States anti-piracy bill and will display message about it on the home page which is famous for delivering messages to the public.

Wikipedia to go offline for 24 hours in protest

Students do your homework early as Wikipedia is going offline for 24 hour in protest of anti-piracy laws in the US on Wednesday.

Sears to shut down more than 100 US stores

Sears Holding Co., parent company of Sears and Kmart, has announced the closure of its more than 100 stores in United States next year.

US auto sales rise in November

Despite, a sluggish economy and a weak employment sector, car sales in United States surged in November, their fastest pace in two years, reflecting a lot of pent-up demand.