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Rising Twitter valued at $8 bn: report

The US micro-blogging website Twitter is gaining value and is now worth an estimated $8 billion, the New York Times reported Friday.

Southeastern takes 12 pct stake in News Corp.

Southeastern Asset Management Inc., the investment firm that along with activist investor Carl Icahn opposed the proposed buyout of Dell Inc., disclosed that it has taken a nearly 12 percent stake in News Corp.

Samsung Group to invest record $41.56 bln this year

South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.

Fairfax ups investment in troubled BlackBerry

Fairfax Financial Holdings is buying another $250 million of convertible debt in troubled Blackberry in what Fairfax's president says is a sign of confidence in the company's new management.

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