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IBM partners with Brazil billionaire Batista's EBX

US computer giant IBM has signed a deal to purchase 20 percent of a subsidiary of Brazilian billionaire Eike Batista's EBX group in exchange for a $1 billion contract, the companies announced.

Richard Branson headed to 'center of Earth'

British tycoon Richard Branson may have lost his race to the bottom of the ocean, but not his sense of humor, declaring Friday a faux plan to top his rivals by voyaging to the center of the Earth.

Zuckerberg's China trip sparks Facebook frenzy

The sight of a vacationing Mark Zuckerberg in Shanghai has sparked a frenzy of online speculation over the possibility Facebook might return to China, even though the site remains firmly blocked.

Branson congratulates 'incredible' Cameron dive

British billionaire and adventurer Richard Branson may have lost his unwritten race to the bottom of the ocean with James Cameron, but he told AFP Monday he wants to team up with the Hollywood director.

Four Canadians indicted on US gambling charges

US authorities seized the gambling website Bodog on Tuesday and announced the indictment of four Canadians on charges of illegal sports betting and money laundering, including founder Calvin Ayre.

For Facebook 'Hacker Way' is way of life

(AP) -- Facebook's billionaire CEO Mark Zuckerberg calls himself a hacker. For most people, that word means something malicious - shady criminals who listen in on private voicemails, or anonymous villains who cripple websites ...

Will Facebook deliver an IPO surprise?

Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. "Cocky" is the word used to describe him most often, after "billionaire." He was Time's person of the year at 26.

Berkshire buys 5 pct of IBM, takes other stakes

(AP) -- Warren Buffett said Monday that his company has spent $10.7 billion to buy more than 5 percent of IBM's stock this year, a surprising move by the billionaire investor who has long shied away from investing in high ...

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