Steve Jobs "may never be equaled"
Passionate, prickly, and deemed irreplaceable by many Apple fans and investors, Steve Jobs made a life defying conventions and expectations.
And despite years of poor health, his death on Wednesday at the age of 56 prompted a global gasp as many people remembered how much he had done to transform the worlds of computing, music and mobile phones, changing the way people communicate and access information and entertainment.
"The world rarely sees someone who has had the profound impact Steve has had, the effects of which will be felt for many generations to come," said Microsoft co-founder and long-time rival Bill Gates.
"For those of us lucky… Category: Global Business
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Apple iPad 2 sales seen clearing 1 million unitsMarch 15, 2011
Apple Inc sold close to 1 million units of its next-generation tablet computer during its debut weekend, analysts estimated.
By comparison, the original version of the iPad, which launched in April of 2010, crossed the one-million mark 28 days after its launch.
Apple shares rose 0.6 percent to $354.20… |
Sony launches first branded British TV channelMarch 15, 2011
Sony Pictures Television announced the lineup on Monday for its inaugural Sony-branded TV channel in Britain which launches on April 7.
The channel, carried on Sky and accessible to regular Sky customers, kicks off with hospital drama "Hawthorne," starring Jada Pinkett Smith, who also executive produces. … |
UK gov't criticised over News Corp-BSkyB dealMarch 14, 2011
An alliance of media groups opposed to News Corp's (NWSA.O) proposed buyout of satellite broadcaster BSkyB (BSY.L) have criticised proposals by the UK government to ease competition concerns about the deal.
In a letter due to be sent to all British MP's on Monday five media companies said that the decision by Jeremy Hunt,… |
SPORTS NEWS
Players case against NFL to be heard on April 6March 15, 2011
The antitrust suit filed by NFL players against the league will be heard on April 6 in a federal court in Minnesota, according to court documents released on Monday.
The hearing is to be heard by Judge Susan Nelson with the players asking for an injunction against the lockout declared by the NFL on Saturday. … |
MLB puts restrictions on team debtMarch 15, 2011
Major League Baseball has placed restrictions on the resale of debt issued by its teams in a bid to protect the New York Mets from being squeezed by investors, the Wall Street Journal reported on Monday.
Citing people familiar with the league, the paper said the restrictions keep banks that hold $375 million in team debt… |
London to bid to stage 2017 world championshipsMarch 14, 2011
London will bid to host the world athletics championships in 2017, UK Athletics announced.
"The World Athletics Championships is the greatest sporting event never staged in the UK and we're committed to changing that," UKA Chairman Ed Warner said in a statement.
"Athletics is a hugely popular sport in… |
BUSINESS NEWS
Steve Jobs "may never be equaled"October 05, 2011 
Passionate, prickly, and deemed irreplaceable by many Apple fans and investors, Steve Jobs made a life defying conventions and expectations. And despite years of poor health, his death on Wednesday at the age of 56 prompted a global gasp as many people remembered how much he had done to transform the worlds of… |
GE tops Wall Street estimates on overseas demandJuly 22, 2011 
General Electric Co reported a 21.6 percent rise in profit, topping estimates, boosted by strong demand outside the United States for its heavy equipment including jet engines and electric turbines.
The largest U.S. conglomerate said on Friday second-quarter profit attributable to common shareholders… |
Nasdaq nears rival bid for NYSEMarch 15, 2011
Nasdaq OMX Group Inc (NDAQ.O) is closer to making a counter-bid for NYSE Euronext (NYX.N), a source familiar with the situation said, a move that would challenge the Big Board's blockbuster deal with Deutsche Boerse (DB1Gn.DE) by merging two of Wall Street's fiercest rivals.
Under the offer being contemplated, the Nasdaq… |
