Dec
23

TSX ends flat as RIM buckles, gold miners bounce

Canada's main stock index ended little changed on Friday as gold miners gained on safe-haven buying amid U.S. budget uncertainty, while BlackBerry maker Research In Motion Ltd plunged more than 20 percent.The index's materials sector, which includes miners, rose 0.4 percent. Even though the price of gold was near its lowest level in four months, the gold-mining sub-sector added 0.9 percent as investors...
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Google working on "X Phone", "X" tablet to take on rivals - WSJ

Google Inc is working with recently acquired Motorola on a handset codenamed "X-phone", aimed at grabbing market share from Apple Inc and Samsung Electronics Co Ltd, the Wall Street Journal said, citing people familiar with the matter.Google acquired Motorola in May for $12.5 billion to bolster its patent portfolio as its Android mobile operating system competes with rivals such as Apple and Samsung.The...
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Instagram diverts attention from botched policy change with another new filter

Instagram messed up big time this week when it freaked everyone out with changes to its privacy policy related to licensing user photos for advertisements. After days of backlash, Instagram reverted back to its old terms of service. While the damage has already been done, Instagram is hoping a new update to its iOS and Android app will silence everyone. Instagram 3.4.0 adds a new filter called “Mayfair”...
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Suicide bombers attack mobile phone firms in Nigeria

Two suicide car bombers attacked the offices of mobile phone operators India's Airtel and South Africa's MTN on Saturday in Nigeria's northern city of Kano, killing themselves but no civilians, police said.Islamist sect Boko Haram has previously targeted phone firms, blowing up telephone masts and offices, saying the companies help the security forces catch its members."The one who hit the Airtel...
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2 bombers target mobile phone firms in Nigeria

Authorities blame a radical Islamist sect for twin suicide car bombings targeting two major mobile phone companies, an official said Saturday, blacking out a top operator's network in most of Nigeria's northern commercial hub.A suicide bomber drove an explosive-laden car into the facilities of the Nigerian subsidiary of Bharti Airtel Ltd. of India at about 8 a.m. in the city of Kano, said Capt. Iweha...
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FBI question Benghazi consulate attack suspect

TUNIS, Tunisia (AP) — After months of asking, agents from the FBI questioned the only known suspect in the Sept. 11 attack on the U.S. consulate in Benghazi that killed four diplomats, the suspect's Tunisian lawyer told The Associated Press Saturday.Ali Harzi, a Tunisian, was detained in Turkey and extradited to Tunisia in October where authorities have said he is "strongly suspected" of being involved...
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Rebels threaten to storm 2 Syrian Christian towns

BEIRUT (AP) — Rebels have threated to storm two predominantly Christian towns in central Syria if residents do not "evict" government troops they say are using the towns as a base to attack nearby areas.A video released by rebels showed Rashid Abul-Fidaa, who identified himself as the commander of the Ansar Brigade for Hama province, calling on locals in Mahrada and Sqailbiyeh to rise up against President...
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Egypt's vice president quits

CAIRO (AP) — Egypt's state TV says Vice President Mahmoud Mekki has resigned.Mekki's Saturday resignation was announced with more than five hours to go of voting in the second and final phase of a referendum on a disputed, Islamist-backed constitution. Mekki, a career judge, has said he intends to quit once the charter is adopted. The new constitution eliminates the post of vice president.However,...
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Ex-Tunisian dictator's property goes under hammer

TUNIS, Tunisia (AP) — Tunisian authorities are putting property confiscated from ousted Tunisian dictator Zine El Abidine Ben Ali up for auction. That includes a pair of miniature gold sphinxes, a diamond-encrusted pen and a staggering 39 luxury cars.Officials hope the sale, which was inaugurated by Tunisia's Prime Minister Hamadi Jebali in Tunis Saturday, will fetch some 20 million dinar ($12.9 million)...
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Egypt's central bank governor quits

CAIRO (AP) — State television says Egypt's central bank governor has resigned.Farouq el-Oqdah's resignation is the second such high profile move on Saturday. Earlier on the day, Vice President Mahmoud Mekki resigned, saying he realized that politics did not suit his professional background as a judge.The brief TV report did not say why el-Oqdah quit, but it ends days of media speculations about his...
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