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Post from May 2008

Roger Clemens had an affair with Paulette Dean Daly

May 1st, 2008 by Kiyani

According to the New York Daily News Roger Clemens former Major League Baseball player had an affair with Paulette Dean Daly. His life story is turning out to be a lot like a juicy soap opera as previously he had an affair with country singer Mindy McCready. Paulette is ex-wife of golfer John Daly, and [...]

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T-Mobile launching 3G network in New York today

May 1st, 2008 by Kiyani

T-Mobile is planning to launch its 3G wireless network today in New York City, according to documents leaked to a T-Mobile news blog. According to the company memo obtained by the blog TimoNews reveals that:

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BBC hacks Facebook – exposes flaw

May 1st, 2008 by Kiyani

British Broadcasting Corporation (BBC) has made an application called “The Miner” that scrapes personal information from the profile it is added to – and from the profiles of all the friends of that person. According to their technology program “Click” has exposed a security flaw in the social networking site Facebook which could compromise privacy.

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Federal court orders AOL, RealNetworks and Yahoo to pay ASCAP

May 1st, 2008 by Kiyani

NEW YORK: A federal district court in New York ruled Thursday that online media service providers AOL, RealNetworks and Yahoo must pay a reasonable fees to the American Society of Composers, Authors and Publishers (ASCAP) for the music streamed and distributed on their sites. Currently these companies don’t pay any dividends to ASCAP which will [...]

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Microsoft to raise Yahoo bid to $46.2 billion

May 1st, 2008 by Kiyani

Microsoft, the world’s largest software maker, is said to have agreed to raise its offer for Yahoo! in an attempt to appease Yahoo! shareholders and break the stalemate between the companies. Microsoft is reportedly considering raising its cash and share offer, currently valued at $29.06 a share, to either $32 or $33 to win over [...]

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Exxon Mobil disappointed at $10 billion profit

May 1st, 2008 by Kiyani

Exxon Mobil posted a profit of $10.9 billion in the first quarter which is a 17 percent increase. It is the world’s largest publicly traded oil company. But even this second-most profitable quarter in its history couldn’t prevent investors from disappointment because of a drop in oil production.

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Indian IT industry revenue to be more than doubled by 2012

May 1st, 2008 by Kiyani

BANGALORE: Market research firm IDC India in a recent study has said that India’s information technology and IT-enabled services industry will more than double in size by 2012 thanks to fast expanding domestic market. Last year the revenues from IT industry were $61 billion which will reach to $132 billion in the year 2012.

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Three Chinese banks in world’s top four

May 1st, 2008 by Kiyani

According to a study by Boston Consulting Group three Chinese institutions were among the world’s top four banks at the end of 2007. This happened at a time when the market capitalization of western banks was suffering from a global financial crisis. Here is the list of top 6 banks according to that study.

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