Anonymous Hackers down government, music industry sites as FBI Shuts down MegaUpload.com

Hackers with the online collective Anonymous have broken the websites for the FBI, Department of Justice, Universal Music Group, RIAA, Motion Picture Association of America and Warner Music Group. Anonymous Group is taking down the the Government sites as the file sharing site Megaupload.com was shut down by the U.S. Justice Department on January 19, … Continue reading “Anonymous Hackers down government, music industry sites as FBI Shuts down MegaUpload.com”

LoveFilm streaming comes to LG Smart TVs in UK

Amazon’s LOVEFiLM today announced it is working with global electronics company LG to bring LOVEFiLM’s video streaming service, LOVEFiLM Instant, to LG’s award winning Smart TV platform. This deal will give UK film fans yet another option to watch LOVEFiLM’s vast range of films and TV episodes instantly on their big screen. The LG Smart … Continue reading “LoveFilm streaming comes to LG Smart TVs in UK”

Facebook Launches 60 Apps for share on Timeline

Facebook is adding a series of new applications to your time line to express who you are – a runner,foodie,traveler,music fan,movie buff and more. The idea is to display your activity with the apps directly on the new Facebook Timeline for your friends to see. Facebook’s Carl Sjogreen said “New timeline apps are now available … Continue reading “Facebook Launches 60 Apps for share on Timeline”

Kodak files Chapter 11 bankruptcy

The 130-year-old photographic film pioneer, Kodak filed for Chapter 11 bankruptcy protection in New York early Thursday morning. It had also obtained a $950 million, 18-month credit facility from Citigroup to keep it going. Kodak press release says that Eastman Kodak Company and Its U.S. Subsidiaries Commence Voluntary Chapter 11 Business Reorganization. And, it informed … Continue reading “Kodak files Chapter 11 bankruptcy”

World Bank downgrades its global growth forecasts for 2012 to 2.5%.

World Bank’s latest Global Economic Prospects (GEP) 2012 reports that the world economy in 2012 is set to grow by just 2.5 percent, weighed down by ripple effects from the 2008 financial crisis. The sovereign debt crisis in Europe, which took a turn for the worse in August 2011, coincides with slowing growth in several … Continue reading “World Bank downgrades its global growth forecasts for 2012 to 2.5%.”