BUSINESS

LulzSec's Hacking Continues, Who is next?

LulzSec has an ancient Greek sailboat mimicking the Odyssey, with a distinctive sail "LOL" on its webpage. Recently, it has indeed rammed through firewalls of companies including Sony Corp. and has even threatened the United States government websites.

Apple to pay Nokia for every iPhone sold

Nokia Oyj won a patent fight with Apple Inc., in a settlement that awards a one-time payment and royalties to Finnish handset maker.Nokia did not disclose financial terms of the settlement but said the agreement would have a "positive financial impact" on Nokia's second-quarter results.

Tech giants fighting over Nortel's patents

Among the assets of Nortel remaining are its patents and patent applications. Search giant Google Inc. has inked a deal to lead an auction for the patents with its $900 million offer to buy the patents. The Google-led auction supervised by a bankruptcy court in the United States will be held on June 20 at the offices of law firm Cleary Gottlieb Steen & Hamilton LLP in New York. The bankruptcy court will evaluate the auction results at the end of the month.
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Google adds new search offerings for desktop users

Amidst the industry's focus on growing popularity of smartphones and tablets, Google, Inc., operator of the world's most popular search engine, said at an event in San Francisco California, it has made improvements for conducting Web searches in desktops, the device still used for the bulk of queries in Google.

Rio Tinto speeds up Pilbara Region project

Driven to take advantage of current ore prices and be ahead of its peers, Rio Tinto Ltd (ASX: RIO) and its partners have decided to hasten the development in its project in the Pilbara Region in Western Australia by earmarking some US$676 million of funding for early works and procurement.

Equities Not Doomed As Yet

FNArena has added another video to its Investors Education section on the website. In this educational video, ATW's Jerry Simmons explains weakness at the opening of the month was "strategic" as it led to the S&P500 weakening into and below the 1290-1295 zone.

Updates: IAG Goes For Asia, Again

Not the best way to start an investor day briefing for Insurance Australia management with news of another round of earthquakes and damage from Christchurch headlining news broadcasts and at the forefront of investor's thinking.

Moonlight serenade

For many employers, discovering that an employee has earned extra income from some form of 'moonlighting' is a dismissible offence.

World Market Overview 06/14/2011

Buyout activity helped U.S. blue chip stocks eke out a slim gain Monday, though the economic worries that have driven six straight weeks of losses kept traders cautious and weighed on the technology sector.

Australian Stock Market Report 06/14/2011

Ratings agency Standard and Poor´s has slashed the credit rating of Greece by three notches from B to CCC and retained a negative outlook on the rating. S&P has also warned that it would view a debt restructuring as a default.

Business confidence slips further--NAB survey

For a third straight month, business owners in Australia have been down by pessimism as the Australian dollar reached new highs, an indicative report by the National Australia Bank (NAB) said.

Number of overweight Australian men increasing, alarming

Australian men are overweight, have a higher risk of cancer, prone to illicit drug use, injury, and smoking and have a shorter life expectancy that women but don't expect them to see a doctor about it, at least according to a recent study by the Australian Institute of Health and Welfare.

Woolworth’s expansion plans hits land block

The retail giant's $1.4 billion plan to dominate its competitors in the home improvement market hit a giant block in limited land space in key sites. Bunnings, the leading hardware retail store and the one Woolworths is gunning for has already gobbled up land during the global economic crisis.

10 Reasons: Why You Should Upgrade to Apple’s New OSX Lion

Last week at the Worldwide Developers Conference (WWDC) 2011, technology giant Apple took the wraps off OS X Lion, saying it has 250 new features. Aside from the price tag set for this new OS – an electrifying $29 or $100 dollars less than the previous $129 Apple operating systems – here are 10 reasons why Apple fans should consider upgrading:

Uncertainty Dogs Uranium

By Greg PeelLast week saw the annual World Nuclear Fuel Conference held in Seville which distracted the usual market suspects and ensured a mere 150,000 pounds of U308 equivalent was traded in the spot uranium market, industry consultant TradeTech notes.

Markets: The Gloom To Continue

Judging by the market outlook commentaries over the weekend and last night, it's going to be a seventh negative week for global markets this week.

China 1: Exports Boom, Surplus Up

Once again markets have looked at China's monthly trade figures and fretted and fussed about a slowdown or a bust in 2013 (why?) or suggested that the economy is heading into no man's land.

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