Business

Google Pays Mozilla $300 Million a Year in 3 Years

December 23, 2011
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Mozilla verified already the speculations that Google and Mozilla agreed on a $300 Million a year which will extend to 3 years. The deal allows the Google Search Box to be placed on the Mozilla browser. Thus sending search queries to Google from the Mozilla’s browser. It is also noted that Google and Mozilla...
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Gaisano Capital in Cebu, Turned to Ash Before Christmas

December 23, 2011
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In the June 2011, if I was not mistaken, Gaisano Capital successfully opened its branch in Sogod town of Southern Leyte. It was not that big but it’s better compared to the Maasin Hi-Per, a branch of Gaisano Metro in Maasin City. Early as 12 midnight on Friday, the Gaisano Capital in Cebu, it’s...
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Olympus in Japan, Under Investigation

December 23, 2011
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After the CEO of the Olympus company had been kicked off in October, Michael Woodford revealed the scandal that the company has engaged. This resulted to the raid on Wednesday, of the offices of Olympus. The raiding team was composed of the investigating team from the prosecutor’s office, Tokyo Metropolitan Police and Japanese Securities...
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$10m Paid by Toyota to Victims

December 28, 2010
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In August 2009, a  California Highway Patrol Officer Mark Saylor 45 along with his his wife, their daughter and brother-in-law were killed in accident which was caused by a faulty floormat of the Toyota Lexus they lent from a Toyota dealership. The accident had led to the recall of the Lexus for floormat repair...
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P1.4 Million SSS Checks Lost

December 26, 2010
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Social Security System President and CEO Emilio De Quiros Jr revealed Sunday in a press statement that P1.4 million worth of SSS checks were lost after the delivery van of the Philippine Postal Corp had been hijacked by armed men on December 13, 2010 at the Cainta Post office. The armed men seized the van while...
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Steve Jobs, Financial Times Person of the Year

December 25, 2010
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Financial Times has finally give the crown for Person of the Year to Apple’s CEO Steve Jobs. The Person of the Year has been held for a long time by Microsoft’s co-founder Bill Gates. The Financial Times noted that Bill Gates is richer but then he left his Microsoft to devout to his own...
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Bank of America Stops Processing Payments to WikiLeaks

December 19, 2010
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The Bank of America in a statement Friday revealed that it stops processing payments to the Wikileaks just like what Paypal and the Credit Card companies did. Its decision is based on their belief that WikiLeaks is engaged with the activities that violates the bank policies.
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Money Earned by Madoff Investor Be Returned

December 19, 2010
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Jeffrey M. Picower earned more than $7 billion from the fraud made by the financial manager, Bernard Madoff, as the long time investor of this Ponzi scheme that was being caught on December 2008. After his death, his wife vowed to return the money to the victims. Mr. Picower died by drowning at their...
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NAB Technical Problems Affected Major Australia Banks

November 26, 2010
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Technical problem encountered by National Australia Bank that occurred Wednesday has affected other major banks in Australia. It was reported and confirmed by the affected banks such as Commonwealth Bank, ANZ, Westpac, HSBC and Citi that transactions like payroll deposits and direct debits that needs clearance from the National Australia Bank encountered errors in data processing....
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Leonardo DiCaprio Donated $1 Million to WWF

November 24, 2010
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The Star of the movie Titanic Leonardo DiCaprio donated $1 Million to the WWF. WWF is not World Wrestling Federation but World Wildlife Fund of which DiCaprio is a board member. The fund will be used to save tigers from extinction caused by poaching. According to DiCaprio’s spokesman, “Illegal poaching of tigers for their...
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