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Author Archives: Tommy

Three Major Companies Facing Bankruptcy

Each year, 24/7 Wall St. identifies 10 important American brands that we predict are going to disappear within a year. This year’s list reflects the brutally competitive nature of certain industries and the reason why companies cannot afford to fall behind in efficiency, innovation or financing. American Airlines will disappear in 2013 because of its inefficiency. It was the premier ... Read More »

Oracle CEO to Buy 98% Of Hawaiian Island Lanai

Oracle CEO Larry Ellison has agreed to buy 98 percent of the Hawaiian island of Lanai. We guess buying up-coming tech companies is not really satisfying Larry Ellison’s greed these days. This information has been confirmed by the Governor of Lanai. “It is my understanding that Mr. Ellison has had a long standing interest in Lanai,” Governor Neil Abercrombie said ... Read More »

Julian Assange Seeks Asylum In Ecuador

Julian Assange, WikiLeaks chief is trying to escape London. He took refuge in Ecuador‘s embassy in London and is seeking political asylum in Ecuador. This has been confirmed by his organization. Ecuadorean Foreign Minister Ricardo Patino said the leftist government of President Rafael Correa was weighing the request. He did not indicate when a decision might be made. The move ... Read More »

Microsoft Embraces Tablet with Microsoft Surface

Microsoft‘s big announcement has come out of hiding. Microsoft has finally accepted and tablet PC era and debuted it’s very own tablet, Microsoft Surface. Naturally, these tablets will be running on Windows OS. Microsoft has not revealed any details on the price. But they have informed us that it will be released as the launch date approaches. A press release ... Read More »

Facebook Gobbles Face.com

Facebook acquisition spree is still on. Facebook’s latest victim is Face.com, which is an Israeli based facial recognition technology company. The acquisition has been confirmed by multiple sources as well as Face.com itself, where Facebook has proudly bragged about the takeover. The price Facebook paid for Face.com is expected to be somewhere around $80m-$100m. There are no official information on ... Read More »