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ATK to carry on Liberty rocket

ATK to carry on Liberty rocketAs a response to a request from NASA for commercial rocket system on hiring basis to carry its astronauts and cargo to its International Space Station, Alliant Techsystems (ATK) has unveiled its Liberty program. The move came as NASA said it prefers hiring rocket systems than buying rockets from contractors for its space mission(s).

China openly defends its currency policy

China openly defends its currency policyBeijing after being persuaded by US Federal Reserve Chairman Ben Bernanke for an increase in its currency value, China openly defended that its foreign currency policy on Thursday.

Ma Zhaoxu, Foreign ministry spokesman asserted that Beijing’s controls on its currency are in long term interests of the country.

Possibility of NYSE Euronext And Deutsche Börse Merger

Possibility of NYSE Euronext And Deutsche Börse MergerAccording the analysts, the NYSE Euronext and Deutsche Börse merger has the potential of creating the global equities monster with an excellent pan-European franchise.

Curtains Down for 'Guitar Hero': Activision Blizzard

 Activision BlizzardThe Southern California-based company Activision Blizzard, Inc. has decided to end its music videogame franchise for "Guitar Hero" and "True Crime: Hong Kong". The game Guitar Hero allows the player to pretend as rock stars, while True Crime: Hong Kong is a shooter videogame.

Gartner: Nokia’s Market Share Goes Down

 Nokia’s Market Share Goes DownNokia Corp.'s (NOK) share of the global handset market saw a decline last year as estimated by research firm Gartner. Google Inc.'s (GOOG) the company’s overall handset sales to end users saw an increasing 1.6 billion unit sales with 32% more in 2010 said Gartner.

LG accuses Sony of patent infringements

LG accuses Sony of patent infringementsKorean electronics giant LG has asked the US International Trade Commission to bar the imports of Sony’s Bravia TVs and PlayStation 3 games consoles, claiming the Sony products infringe its patents.

According to the complaint filed on 4th of February in Washington, Sony’s products, Bravia TV and PlayStation 3 games console, a total of eight patents.

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