Google buys 2 more startups: Apture, Katango
SAN FRANCISCO (AP) — Google has acquired two more startups to help the Internet search leader upgrade some of its services.
The latest catches announced Thursday are Katango, which helps people manage their online social networks, and Apture, which makes tools that conduct searches about the topics within a Web page.
Financial terms weren’t disclosed.
Katango is a natural fit for Google’s Plus service, a 4-month-old social network that allows users to sort their friendships into different subsets that the company calls “Circles.”
Google believes Katango will make it easier for Plus’ more than 40 million users to organize their circles, based on a post by company executive Bradley Horowitz.
“Are you ready for some magic in your Circles?” Horowitz wrote about the Katango acquisition on his Google Plus account. “
Walmart Pepper Spray Suspect Surrenders
A woman who may have pepper-sprayed Walmart shoppers over an Xbox yesterday turned herself in last night but refused to discuss the details, the AP reports. Hours after a woman sprayed several customers in a “competitive shopping” incident, an unidentified woman showed up at an LA-area police station—and refused to talk, invoking her right against self-incrimination. The cops have let her go pending further inquiry.
In another Black Friday incident, a 61-year-old man collapsed while shopping at a Target in South Charleston, West Virginia—and lay there while shoppers ignored him. An ER nurse eventually noticed Walter Vance, and he was rushed to hospital, where he later died, possibly from heart problems that have dogged him for years, WSAZ reports. “Wh
Tampa firm to buy data center in ex-Macy’s building
An affiliate of Carter Validus Mission Critical REIT, a private real estate investment trust, has agreed to buy the interest in a 338,000-square-foot leased data center at 180 Peachtree, according to documents filed Nov. 18 with the U.S. Securities and Exchange Commission. Carter Validus is run by John Carter, vice chairman of Atlanta-based Carter & Associates, a commercial real estate firm.
Carter/Validus Operating Partnership has agreed to pay Peachtree Carnegie roughly $94.8 million, plus closing costs, for the data center and the parking deck, the documents said. Carter/Validus recently bought a data center near Dallas.
Peachtree Carnegie owns the top five floors of the building.
U.S. stocks rise on strong economic report, positive signs on Europe
U.S. stock indexes mostly rose early Friday on a strong report on future economic activity and signals that fiscal pressure on some European countries is easing.
The Conference Board said its index of leading economic indicators rose 0.9 percent last month, better than Wall Street estimates and the 0.1 percent increase it had in September.
Borrowing costs for Italy and Spain declined, a signal that bond investors are less fearful of a default by those countries.
The Dow Jones industrial average rose 29 points, or 0.3 percent, to 11,800 in the first half-hour of trading. The Standard & Poor’s 500 index rose 2, or 0.1 percent, to 1,218. The Nasdaq composite index fell 6, or 0.2 percent, to 2,582.
Spain and Italy have had to pay high interest rates because bondholders fear that that they will default.
MF Global UK administrators mulls interim payments (Reuters)
“Final distributions to clients will not be made until all client risk positions have been liquidated or transferred and all claims against have been validated. However, we are likely to make interim distributions along the way,” KPMG said on Friday.
The pledge of early repayment offered some comfort to MF Global clients who have become increasingly frustrated with KPMG since MF Global collapsed on October31.
Commodities traders in Europe and the United States have complained that different exchanges and clearing houses charged with unraveling client positions have taken different approaches, with some closing positions while others have sought to transfer open positions to other brokers.
Still unclear is the whereabouts of about 600 million of customer funds unaccounted for since MF Global’s Chapter 11 filing, and whether MF Global might have improperly mixed customer funds with its own.
These matters are among those being investigated by federal prosecutors, the Securities and Exchange Commission and Commodity Futures Trading Commission.
Tips to Secure Mobile Banking Services
Mobile banking allows customers to perform a variety of banking transactions through their mobiles, smartphones, and even PDAs. With so much financial information being passed over wireless networks, security is of utmost concern in mobile banking.
The use of mobile phones nowadays is not limited to making calls and texting. People use their phones to check e-mails, browse the Internet, and to carry out banking functions like account transactions, balance checking, account activity (withdrawals, deposits, etc.) alerts, changing PINs, just to name a few. Read all post…
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