Hackers with the online collective Anonymous have broken the websites for the FBI, Department of Justice, Universal Music Group, RIAA, Motion Picture Association of America and Warner Music Group. Anonymous Group is…
LoveFilm streaming comes to LG Smart TVs in UK
Amazon’s LOVEFiLM today announced it is working with global electronics company LG to bring LOVEFiLM’s video streaming service, LOVEFiLM Instant, to LG’s award winning Smart TV platform. This deal will give UK…
Facebook Launches 60 Apps for share on Timeline
Facebook is adding a series of new applications to your time line to express who you are – a runner,foodie,traveler,music fan,movie buff and more. The idea is to display your activity with…
Kodak files Chapter 11 bankruptcy
The 130-year-old photographic film pioneer, Kodak filed for Chapter 11 bankruptcy protection in New York early Thursday morning. It had also obtained a $950 million, 18-month credit facility from Citigroup to keep…
World Bank downgrades its global growth forecasts for 2012 to 2.5%.
World Bank’s latest Global Economic Prospects (GEP) 2012 reports that the world economy in 2012 is set to grow by just 2.5 percent, weighed down by ripple effects from the 2008 financial…