LATEST NEWS | Goldman, Digital Sky invest in Facebook: source | (Reuters) - Facebook, the world's No. 1 Internet social networking firm, was valued at $50 billion in a recent investment by Goldman Sachs and Russian investment firm Digital Sky Technologies, according to a person close to the matter. | Full Article | | Intel woos Hollywood studios with new microchip | January 03, 2011 11:02 AM ET | SAN FRANCISCO (Reuters) - Intel Corp's new microchips, touted as its biggest-ever leap in processing power, include built-in content protection to make it safer for Hollywood studios to offer premium movies to consumers over their personal computers. | Full Article | Microsoft restores Hotmail service after glitch | January 03, 2011 02:45 PM ET | SEATTLE (Reuters) - Microsoft Corp's Hotmail service, the world's most-used online e-mail system, is back to normal operations on Monday after some users over the weekend lost access to emails or found them transferred to a deleted mail folder. | Full Article | No ongoing talks for MySpace sale: source | January 03, 2011 04:33 PM ET | NEW YORK (Reuters) - News Corp is still considering a sale of its social networking site MySpace but a person familiar with the matter told Reuters there are no talks currently with potential buyers. | Full Article | | | BUSINESS NEWS | Wall Street climbs in first session of 2011 | January 03, 2011 04:35 PM ET | NEW YORK (Reuters) - Stocks greeted the new year with a rally on Monday as encouraging signs about the outlook for manufacturing around the world prompted investors to inject new money into the market. | Full Article | Manufacturing grows, bolsters 2011 outlook | January 03, 2011 01:51 PM ET | NEW YORK (Reuters) - U.S. manufacturing grew at its fastest pace in seven months in December, extending a recent run of encouraging economic data and suggesting that expansion of the world's biggest economy will accelerate in 2011. | Full Article | BofA settles sour mortgages with Fannie Mae, Freddie | January 03, 2011 04:29 PM ET | CHARLOTTE, North Carolina (Reuters) - Bank of America Corp agreed to pay $2.8 billion to mortgage finance giants Fannie Mae and Freddie Mac to settle claims over soured mortgages, signaling the bank may be closer to containing its out-sized housing losses. | Full Article | | | US TOP NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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