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Facebook to hold press event, stock passes $30

Shares of Facebook are pushing above $30 for the first time since July after it sent out invitations to "come and see what we're building" Tuesday at its headquarters in Menlo Park, Calif.

Jan 09, 2013
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Megaupload New Zealand extradition case delayed again

A US bid to extradite Megaupload boss Kim Dotcom from New Zealand for alleged online piracy has been delayed for a second time and will not be heard until August next year, his lawyers said Thursday.

Dec 20, 2012
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Kodak to receive $525M from patent sale (Update)

Eastman Kodak is selling its digital imaging patents for about $525 million, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year.

Dec 19, 2012
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HSBC to pay $1.9B to settle money-laundering case

(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering ...

Dec 11, 2012
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Kodak reaches deal to borrow $793M

(AP)—Kodak says it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.

Nov 12, 2012
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Gabon to suspend new Megaupload site

Gabon's government said Tuesday it was suspending the website www.me.ga, which Internet tycoon Kim Dotcom had planned to use to launch a new version of his defunct Megaupload file-sharing site.

Nov 06, 2012
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Megaupload boss aims to lie low

Flamboyant Megaupload boss Kim Dotcom has vowed to lie low as he awaits a US attempt to extradite him from New Zealand, fearing a backlash after making a series of high-profile announcements.

Nov 06, 2012
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