Business

Reports are merging online that Reince Priebus has been elected as the new RNC Chairman. According to multiple media reports, the Republican National Committee now has a new chairman with Priebus eventually getting the nod after Steele bowed out of the running. It took seven rounds of voting for Priebus, the party’s leader in Wisconsin, to get the nod, the ... Read More »

The Securities and Exchange Board of India (Sebi) chairman CB Bhave on Friday said regulating bigger entities is a greater challenge for regulators worldwide. While addressing a function in Mumbai, Sebi chief said bigger entities have more ‘persuasive power’ making it difficult to keep a check on them. Against the backdrop of the 2008 financial crisis when the bankruptcy of ... Read More »

Time magazine has named Facebook co-founder and CEO Mark Zuckerberg Person of the Year. Zuckerberg’s accomplishments in 2010 are truly outstanding: he cemented Facebook’s status as the biggest social network and one of the hottest Internet companies, surging past 500 million users. He’s one of the world’s youngest billionaires, and recently he pledged to give the majority of his wealth ... Read More »

BlackBerry OS overtook Apple’s iOS for the first time in the US in November in terms of mobile internet usage according to web analytics company, StatCounter. The company’s research arm, StatCounter Global Stats finds that for the first time in the US BlackBerry OS at 34.3% overtook Apple’s iOS which recorded 33% in November. Google’s Android is rapidly gaining and ... Read More »

Looks like after big G is in talks to buy Groupon after ‘rumored’ talks with Yahoo failed early this year. It also seems Google interest in Groupon will kindle others like Microsoft, Amazon, or eBay to have a look at it. Is Google adding online deals to its arsenal of acquisitions this year? According to a site called VatorNews, Google ... Read More »

The US economy grew at a faster pace than initially thought, figures show. The economy grew at an annualised rate of 2.5% in the July-to-September period, up from an earlier estimate of 2%, the Commerce Department said. Earlier this month, the US Federal Reserve said it would pump $600bn (£373bn) into the economy to try to boost the economic recovery. ... Read More »

Today has seen General Motors – also known as GM – start trading on the NY Stock exchange on IPO day, you should be able to see the GM stock price today on Market Watch. The initial public offering has set records, which analysts expect GM to raise around $23 billion that could be marked as the largest IPO in ... Read More »