Sectors

China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.

Wendy's planned to cut down the total number of company-operated stores by selling 425 restaurant units to well-capitalized franchisees.

Google asked the help of student filmmakers to explore Google Glass. Google enlisted the help of film students to explore how Google Glass can be used to make documentary films, character development, location-based storytelling as well as "other things" the company has not yet considered.

Video Semantics will provide rich tags for YouTube users through its tagging engine. Video Semantics, through its mediaTag tagging engine, will allow content producers to automatically insert rich metadata into their YouTube hosted videos.

Latest News

Today, NPC International announced completing its purchase deal of 13 Wendy's restaurants priced at US$11 million.

JPMorgan reissued overweight rating for Facebook shares as per a research report released Thursday. JPMorgan Chase & Co. reissued an overweight rating for Facebook shares, according to a research report released Thursday.

Dan Morris of Facebook will discuss mobile gaming at the Casual Connect conference. A Casual Connect conference will be held in San Francisco this week.

Agios Pharmaceuticals Inc. announced today the completion of its initial public offering valued at US$18 per piece of its shares of common stock.

Facebook can make more money by offering to remove Newsfeed ads for a monthly fee, according to Greenlight.

According to analysts, the future of Barnes & Noble is bleak due to plunging sales and market shares including higher expenses than earnings.

IBM's effort to modernize and remain competitive would offer a lot of room for growth to its investors.

IBM issued US$2.15 billion worth of bonds with two ten-year offerings. The biggest computer services provider, International Business Machine Corp. , was able to raise US$2.

Manu Rekhi of Inventus Capital Partners wrote that there is a shift in Indian companies and venture class returns.

Sources said that Mongolian businessman Bold Baatar is most likely to be appointed as the head of Oyu Tolgoi when Cameron McRae exits this October.