Category: Uncategorized

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Are we out of the woods?..Not quite

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)For people who have already started blaming Europe for the ongoing economic worries being felt around the world, here is a reality check. The fractional reserve system of the US will ensure probably for a considerable period of time that the world would still not come out of the [...]

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Zynga May withdraw ‘Farmville’ From Facebook

VN:F [1.6.1_878]please wait…Rating: 5.0/5 (2 votes cast)The game developer Zynga can withdraw their game “Farmville” from Facebook.
The reason was a disagreement between the owner of the game and social network executives because of the introduction of the currency Credits Facebook.
Virtual money is proposing the creation of a currency that can be used in all [...]

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Al Fayed decides to part with a piece of history-Harrods to be sold

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)Billionaire Mohamed al Fayed lost his son Dodi al Fayed in a car crash that killed him and Princess Diana over a decade back. This weekend however, the businessman sold the iconic department store Harrods-a name which had come to symbolize class and heritage for over a century. The [...]

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Farmville developer worth $ 4 billion

VN:F [1.6.1_878]please wait…Rating: 5.0/5 (1 vote cast)The company Zynga, a developer of game Farmville is issuing shares at prices that put the total value of their company at about $ 4 billion, according to the site Business Insider.
A Zynga hosts several games on the internet through Facebook, including Farmville, Mafia Wars, FishVille, Treasure Island, Friends [...]

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Palm Shares On a Rise: HTC Ready to BID

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)According to a  Taiwanese publication, may be only a rumor stated  ”HTC has started assessment of work, from the legal, financial, brand marketing and research and development at all levels to assess the feasibility of the acquisition strategy for Palm.”

Palm’s shares are already seeing a upside trend  in the light [...]

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Zynga Could Be Worth $5 Billion

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)Zynga maker of Facebook games is now  worth $5Billion , as estimated by SecondShares.com, which is run by a group of former equity analysts who evaluate the value of private companies and what they would be worth if they were actually public.
Zynga has 241 million monthly active users for [...]

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Everybody wants a change

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)In this highly irregular world and in our highly unpredictable lives there is only one constant-CHANGE. I know this sounds like a cliché coming from a failed journalist who is seventy years old but believe me its is not. It is probably the ultimate truth just as death is. [...]

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Stock Market [Cartoon of the Day]

VN:F [1.6.1_878]please wait…Rating: 3.8/5 (4 votes cast)Most of us have burnt our fingers in the stock market. Its only recently that the markets have started improving but I have still not found the courage to invest in the market again. Investing in stock market is actually a game very few have mastered and few of [...]

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Data center provider Telx files for $100M IPO Returns

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)A recent post in NYTimes, The Telx Group, a New York City-based data center operator, has filed for an initial public offering that could see it raise as much as $100 million from the public markets. The last major data center operator to go public was RackSpace, and that was back [...]

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Vivendi revenues up 6.9 percent to EUR 27.13 billion in 2009

VN:F [1.6.1_878]please wait…Rating: 0.0/5 (0 votes cast)French entertainment and communications group Vivendi reported revenues up 6.9 percent to EUR 27.13 billion in 2009, up from EUR 25.39 billion a year earlier. Group chairman Jean-Bernard Levy said the main growth engines were acquisitions made in 2008.
Activision Blizzard and SFR have met their targets due the success [...]

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