JUL
24
2012

Facebook efforts on advertising face a day of judgment

In the race for digital advertising dollars, Google has been the clear winner, with its ability to customize advertisements based on what you search for. But Facebook, which customizes ads based on who you and your friends are, hopes to be a contender.

JUL
24
2012

Google facing force of aggressive E.U. regulators

Europe may be a financial disaster and a faded military force, but in at least one arena it has emerged as champ: Regulators here are challenging the power of America´s technology titans. And they are winning.

JUL
24
2012

James Holmes, suspect in Colorado massacre, appears in court

James Holmes made his first public appearance as an alleged killer on Monday, shambling into a Colorado courtroom with a bearing more like that of a teenage delinquent than the comic-book supervillain he reportedly fancied himself to be.

JUL
24
2012

Putin will not testify at Pussy Riot trial: court

A court on Monday rejected a request to call President Vladimir Putin and the head of the Russian Orthodox Church to testify in the trial of three female punk rockers who derided Putin in a protest in the country´s main cathedral, their lawyer said.

JUL
23
2012

Tax havens: Super-rich ´hiding´ at least $21tn

A global super-rich elite had at least $21 trillion (£13tn) hidden in secret tax havens by the end of 2010, according to a major study.

JUL
23
2012

China artist Ai Weiwei´s tax evasion appeal rejected

A court in China has rejected an appeal by Chinese artist and dissident Ai Weiwei against a tax evasion fine, his lawyer says.

JUL
23
2012

Brazil may act on cotton subsidies in October, O Globo says

Brazil may retaliate against the U.S. in October if it determines that the U.S. isn´t honoring an agreement over cotton subsidies to American farmers.

JUL
23
2012

Feminist band Pussy Riot jailed for six more months

Putin crackdown on Russian dissent highlighted by case of feminist band arrested in March for performing ´punk prayer´ in church.

JUL
23
2012

J&J penalty may total $2.2 bn

Johnson & Johnson and federal prosecutors have reached a deal that would settle investigations into the company´s marketing practices for as much as $2.2 billion, including a roughly $400 million criminal fine for the illegal promotion of the antipsychotic Risperdal, according to people familiar with the matter.

JUL
23
2012

Kodak loses patent case vs. Apple, RIM; plans appeal

Eastman Kodak Co has lost an appeal of a patent dispute over digital image preview technology with Apple Inc and Research In Motion Ltd, which could set back the onetime photography giant´s efforts to raise money in bankruptcy by selling patents.

JUL
23
2012

Austrian judge ban cowbells for Alpine cattle herd after noise disturbs villagers

An Austrian court has banned the most traditional Alpine feature after Lederhosen and yodeling after neighbours complained that a cowherd´s bells were so loud they couldn´t sleep.

JUL
20
2012

Microsoft´s first-ever loss doesn´t faze Wall Street

Microsoft chose a good time to tell the world it had screwed up. When it announced at the beginning of the month that its $6.3 billion purchase of online advertising company AQuantive Inc. five years ago had been a near-total loss, the company was riding a wave of good will induced by its announcement of its new Surface tablet.

JUL
20
2012

Mayer gets $70 million pay package to lead Yahoo

New Yahoo Chief Executive Marissa Mayer´s compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday.

JUL
20
2012

J&J will pay $2.2bn in Risperdal settlement

Johnson & Johnson has agreed to pay as much as $2.2 billion to resolve an investigation into its marketing of the anti-psychotic drug Risperdal, according to a published report.

JUL
20
2012

Mayer Brown sues Pacific Seafood Group for $5M in fees

Mayer Brown filed a breach of contract lawsuit yesterday in District of Columbia Superior Court against former client Pacific Seafood Group, claiming unpaid fees in excess of $5 million.

JUL
20
2012

DSK lawyers refute maid´s ´gender-motivated violence´ civil claim

A new claim in a former hotel maid´s civil suit against Dominique Strauss-Kahn based on what his lawyers say is "an obscure, never-before-interpreted New York City law" should be dismissed as unconstitutionally vague, they argue in court papers.

JUL
20
2012

Proposed settlement with Dewey partners on hold

Citing widely held concerns voiced by former Dewey & LeBoeuf partners, the bankrupt law firm´s chief restructuring officer said in an e-mail sent to partners Thursday that the deadline for agreeing to a proposed $103.6 million settlement has been bumped back two weeks and that revisions to the original plan will be announced next week.

JUL
20
2012

Relatives sue officials over U.S. citizens killed by drone strikes in Yemen

Relatives of three American citizens killed in drone strikes in Yemen last year filed a wrongful-death lawsuit against four senior national security officials on Wednesday.

JUL
20
2012

Euribor rate-rigging investigation widens to four more banks

Regulators are scrutinising relationships that banks such as HSBC, Deutsche Bank, Société Générale and Crédit Agricole may have had with a former Barclays trader.

JUL
20
2012

Ben Ali sentenced to life in prison over protesters´ killing

A Tunisian military court sentenced ex-president Zine El Abidine Ben Ali in absentia to life in prison today for complicity in the deaths of protesters during the popular uprising which led to his ouster last year, the country´s official news agency reported.

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