Business

This has been the biggest since Google. LinkedIn IPO was listed today and its price instantly skyrocketed, it increased by 96%.  Starting at $45 it exploded to $88 within a few hours. But all this has started raising concerns, is this is the start of a new tech bubble ?? At 12:32 pm EDT, LinkedIn shares are up 141% to ... Read More »

Looks like the jail time Dominique Strauss-Kahn faced has made him make some serious decisions. Dominique Strauss-Kahn resigned from his post as manager of the International Monetary Fund — saying he felt compelled to focus his energy on the sexual assault charges he faces — the French politician will try to get out of one of America’s most notorious jails. ... Read More »

Narayana Murthy, the man credited for revolutionizing the IT industry and contributing to the growth of Indian economy, is all set to retire on August 2011. KV Kamath is to succeed him. Calling the new structure ‘a dream team’, the outgoing chairman Murthy told CNBC-TV18 in an exclusive interview, “I never considered to continue being on the board till the ... Read More »

The Montgomery, Ala.-based law firm that filed a class-action lawsuit filed against Taco Bell has withdrawn the suit. The suit had accused the chain — a division of Yum! Brands Inc. (NYSE: YUM) — of falsely calling its taco filling beef. In a statement from Beasley, Allen, Crow, Methvin, Portis & Miles PC, the firm said it had resolved the ... Read More »

WorldBlu, a U.S. based company, specializing in organizational democracy and freedom-centered leadership, has announced their fifth annual WorldBlu list of most democratic workplaces 2011. They made the announcement as the part of the fifth annual “Democracy in the Workplace Day” for organizations from across the U.S., Canada, Mexico, the U.K, India, the Netherlands, Denmark, Haiti and Malaysia. The WorldBlu List ... Read More »

Google’s stock is exactly where it was in September 2007, and it has fallen 9% since Eric Schmidt announced in January that he’d be stepping down as CEO. The problem, investors say, is that for every reason to believe in Google (GOOG, Fortune 500), there seems to be a counterbalancing reason for concern. The company is growing rapidly, but antitrust ... Read More »

Looks like Google’s new CEO Larry Page is feeling the heat. He has promoted at least seven executives to head key parts of the company. The management reshuffle is an attempt at streamlining a bureaucracy that’s sometimes bogged down Google even as it became the world’s most valuable Internet company. Page, Google’s 38-year-old co-founder, took over from Eric Schmidt, who ... Read More »