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Facebook will purchase Instagram for $1bn

Facebook Buys Photo-Sharing Service Instagram for $1bn

Social networking site will pay $1bn in cash and Facebook shares to take over photo-sharing service.

'Mass Effect 3' Gay Sex Controversy: EA Defends Itself Against Anti-Gay Campaign

The gay sex controversy surrounding the recent Mass Effect 3 game has led EA to defend itself from those claiming the inclusion of such content should be banned.

Xbox 720 Vs PlayStation 4: Battle of Heavyweight Game Consoles [PHOTOS]

Over the last few days, internet is abuzz with rumours about the most-anticipated release of the two upcoming heavyweight game consoles - Xbox 720 and PlayStation 4 (PS4). Microsoft's upcoming game console is expected to debut sometime in Christmas 2013, while Sony's PS4 is also scheduled for a 2013 holiday season release, setting the stage for an exciting battle ahead.

Top Five Xbox 360 Games in 2012 [PHOTOS]

The advent of 2012 brings another bunch of exciting games like Halo 4, Mass Effect 3, Bioshock Infinite, Max Payne 3, Resident Evil 6 and Grand Theft Auto 5 to the Xbox 360 platform.

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Max Payne Coming to iOS and Android in April

Max Payne has carved a niche among PC gamers with its matrix-style bullet time and slow-motion effects stealing the spotlight from ordinary FPS (first-person shooter) games. The classic FPS is poised to make its debut on two most popular mobile platforms - iOS and Android - come 12 April.

Sony's PlayStation 4 Processing Specification Revealed: Report

Sony's next home console PlayStation 4 may have chips that are based on AMD's A8-3850 APU and Radeon HD 7670 GPU.

AT&T to Unlock Off-Contract iPhones from 8 April

In Tatas' Footsteps: India's Sahara Group to Snap Up NY's Iconic Plaza Hotel

India-based Sahara Group is reported to be in advanced talks to acquire the New York property.

Apple's iOS Vs Google's Android: Which Is more Profitable and Why?

Latest reports from Guardian suggest that the earnings of a proposed settlement in an ongoing patent dispute with Oracle, allows Google to make four times as much from an iOS device than it does from devices running its own Android OS.

Tobacco Display Ban Comes Into Force

The ban is aimed at reducing the temptation for children and young people to smoke..

Is Matthew Fox The Ideal Commander Shepherd? Mock-Up Movie Posters Show Olivia Wilde as Lara Croft And More

'Mass Effect 3' Ending Controversy: DLC to Fix Ending this Summer

The franchise owner EA has finally responded to fans clamouring for a meaningful ending, with the release of DLC or rather Extended Cut, which promises to fix ending details this Summer.

Tonnes of Fuel Being Removed from Stricken Cargo Vessel

According to reports, 7,000 litres of fuel leaked from the ship's total cargo of 24,000 litres.

Volex Group Aims for Transformation; Added to Brokers' Buy List

Volex Group says its trading will be in line with current market expectations for the twelve months to April 1, 2012 despite increased global economic uncertainty, which resulted slow growth in Q3 FY 2012.

'Mass Effect 3' Single-Player DLC Will Focus on Shepard, Says Gamble

'Mass Effect 3' Ending Controversy: DLC Will Not Affect Finale Says EA, 58% 'Hate' Game's Conclusion Asserts Survey

"Mass Effect 3" fans have been left puzzled and annoyed with the popular video game's ending.

JJB Shares Rise as Dick’s Sporting Goods Makes £20 Million Punt on Troubled Retailer

Wigan-based sports group hails “turnaround” as former CEO faces £1m fraud charges.

Yahoo Inc. To Lay Off 2,000 People, Scott Thompson Rings in the Changes

Yahoo Inc To Lay Off 2000 People!

Halfords Group Shares Plunge on Weak Trading, Expects Dismal Outlook

Halfords Group's shares dropped as much as 3.3 percent after disappointing trading update ahead of its full-year earnings.

New Yorker Denied Permission to Quiz Mark Zuckerberg Over Facebook Claims

Paul Celiga claimed in his 2010 lawsuit that he had signed a deal with Zuckerberg for half ownership of the company.

Foxconn Hiring 18,000 Workers to Build iPhone 5

The iPhone 5 which was earlier rumoured for an October launch, could now see the light of day in June.

Intertek Group Acquires Automation Technology to Deepen Service Portfolio

Intertek Group has acquired Automation Technology Inc (ATI), a provider of asset integrity support services in the US power sector, for a total consideration of $16 million (£10 million).

Robert Walters Profits Rise, But Group Cautious on Costs

International Head-Hunter says it will invest in regions with “long term” potential

easyJet Reports Passenger Rise of 4.4% in March

Budget carrier says paid seats increased to 4.6 million

Halfords Group Expects Dip in Full-Year Gross Margins But Secures 'Outperform' Rating

Halfords Group expects its full-year gross margins to decline by 130 to 150 basis points. It says the expected decline is in line with market expectations although it is worse than the forecast at least 100 basis points given in November.The group is scheduled to release its pre-close trading update on Thursday.

Robert Walters to Deliver Satisfactory Full-Year Performance, Optimistic on Future Growth

Robert Walters says it is well positioned to exploit opportunities through long-term investment and cost management and is committed to expand in markets which offer the best prospects for growth, its future investment plans may reflect this.

UK Grocery Market to Outgrow Germany's; China Overtakes US as Largest in the World - IGD

Research from the Institute of Grocery Distribution shows that the UK will become the eight largest grocery market in the world, pushing Germany down to ninth place.

Robust Trading Helps BTG to Raise Full-Year Revenue Guidance

BTG Plc has raised its revenue estimate for the year ended 31 March 2012 to £190 - £195 million from the previous guidance of £160 - £165 million due to the robust trading in the Licensing & Biotechnology business, which was significantly ahead of expectations and higher than anticipated royalties from BeneFIX and Zytiga.

WPP to Acquire Carnation Internet, Strengthens Digital Capabilities

WPP Plc through its wholly-owned global interactive marketing agency, Possible Worldwide, has agreed to acquire Carnation Internet Tanacsado Zrt in Hungary through a share purchase.

Shanks Group Reports Robust Trading for Full-Year

Waster management group strikes deal with three UK councils to cap solid full year performance

World's First Flying Car is Ready; Priced $279,000

If you've always wanted to own a flying car, stick around, it's about to become a reality.

BlackBerry Mobile Fusion Server Software Update

RIM Updates Servers to Support iOS and Android

Following a tough week, RIM has announced an update to its BlackBerry Mobile Fusion server software which will support Android and iOS devices.

Motorola Droid Razr Maxx vs Samsung Galaxy Nexus: Intense Battle of Android Smartphones

Check out the features of these two smartphones...

James Murdoch Confirms Resignation from BSkyB Board

James Murdoch wants to avoid becoming 'lightning rod' for cable broadcaster linked to scandal-hit News Corp.

Shanks Group Upbeat on Full-Year Growth Potential, Bags Major Contract

With the continued emphasis on cost control and PFI margin improvements coupled with its distinct strategy, Shanks Group, the provider of recycling and energy recovery solutions and technologies is scheduled to release its pre-close trading statement on Wednesday.

Molson Coors Brewing Co Buys StarBev For €2.65bn

Canadian and American brewer moves to capitalise on “attractive” Eastern European beer market.

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