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Syrian Electronic Army claims credit for hacking social media accounts of Skype

The hacker group who called themselves the Syrian Electronic Army said they were the ones that attacked the social media accounts of Microsofit-owned Internet calling service Skype, Reuters reported.


Buffet's Berkshire Hathaway to likely miss target for the first time- report

Billionaire Warren Buffet is most likely going to fail in achieving his target for the first time since he took over Berkshire Hathaway in 1965, Bloomberg reported.

Gulf stocks soars this year - analysts

Majority of the stocks in Gulf markets recorded impressive gains this year, proving that the region has been recovering from the effects of the worldwide financial crisis in 2008 and 2009, Arabian Business said in its report.

Apple CEO Tim Cook receives $4.25 million in salary and bonus for fiscal year 2013

Tim Cook, incumbent chief executive of Apple Inc, has received $4.25 million in salary and bonus for the fiscal year 2013. A proxy filing by Apple also revealed that the tech giant's chief executive did not receive stock-based compensation for the last two fiscal years.


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A recent rating by New York-based Macquarie analyst Ben Schachter urges investors that the time to sell shares in Twitter Inc is now despite its positive performance after debuting on the New York Stock Exchange last month.
Should everything goes as planned, online discount retailer Overstock.com will be the first prominent retailer to accept Bitcoins as payment, The New York Times Bits reported.
Dogecoin, which grew from a satirical meme to Bitcoin to a pseudo-legitimate currency, experienced a big hack today after virtual wallet Dogewallet announced its shutdown of services due to hackers who stole around $12,000 worth of Dogecoins from the site.
A total of 11 companies, including a subsidiary of online retail giant Alibaba obtained approval from Chinese authorities to be able to purchase mobile services from major providers and repackage them to offer to end users, the Ministry of Industry and Information Technology (MIIT) said on Thursday.
The number of internet cafés in China has decreased, a collateral damage to China's bid to go online as smartphones and tablet devices grow in popularity, a Financial Times report said.
Gift cards and shipping refunds were offered by Amazon.com Inc to appease its customers after UPS said it would not be able to deliver some packages by Christmas, Bloomberg reported.
The corporate buses of Apple Inc and Google Inc were delayed from their morning commute due to protesters in San Francisco and Oakland blocking them, Reuters reported.
An report published on The Financial Times detailed how private equity moves in markets to ensure that quantitative easing of the US Federal Reserve will not be further reduced.
As investors await for the decision of the US Federal Reserve to the timeline when it will begin with its tapering of its monthly bond purchases, prices of gold and other minerals saw increases in the financial markets.
Despite getting clearance from accounting firm PricewaterhouseCoopers LLP regarding its fiscal statements for the last three years, activist investor Bill Ackman appeared to be not convinced that Herbalife Ltd is not operating a pyramid scheme.