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GM signs 5-year deal to sponsor Manchester United
General Motors is still working out how it will spend the money it is saving by scrapping ads on Facebook and pulling out of the Super Bowl.But it has decided that at least some will go toward a five-year deal to make Chevrolet the official automotive sponsor of the popular British soccer club Manchester United.GM formally announced the partnership on Thursday, saying that it's part of the plan to

Facebook selects Kerala IT firm for programme
Kreata Global, an IT company headquartered at Kerala's Kochi Infopark campus, has been selected as a Facebook preferred marketing developer (PMD), said an infopark official.

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Malaysia seeks $3.3 billion in palm oil IPO

Malaysian palm oil giant Felda said Thursday its initial public offering in June could raise up to 10.5 billion ringgit ($3.3 billion), making it the world's second-biggest IPO this year after

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Morgan Stanley's Facebook analyst: sober man in world of hype

Scott Devitt has long stood out for being cautious in a world of Internet bulls. In the more than 12 years that he has covered Internet companies as a Wall Street analyst, Devitt has developed a

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'Sliding' Facebook stock price could hurt California's budget
California's budget could take a hit if Facebook's stock price keeps sliding following the social networking giant's disastrous Initial Public Offering performance, according to a report.

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Harrowing time for Delhi as shutdown hits traffic
It was a harrowing morning for Delhiites Thursday as the shutdown against the fuel price hike hit vehicular movement in many parts of the national capital. Fewer autos and packed metro trains added to the woes of commuters.

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