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RBS Dampens Hopes of Recovery
Royal Bank of Scotland Group said earnings may not recover substantially until 2011 and that loan losses will remain high as the lender posted a wider first-half net loss.
Wall Street Journal

Warnings Issued About Alleged Bangkok Airport Scam
Attention Airport Shoppers: Duty-free Stores In Thailand Can Be Pricier Than Planned
CBS News

Troubled lender Taylor Bean big in Colo. - Denver Post
Troubled mortgage-lending giant Taylor, Bean & Whitaker Mortgage Corp., raided by federal agents this week, was a major supplier of government-backed loans at risk of foreclosure in Colorado. The...
Big News Network

Google brings tragedies of Darfur to Google Earth
Evolution, that's what Google is all about and the way it has sprung past everyone in the Websphere. While not all things that result from its evolution are great but some are more than useful , like the update for Google Earth which bolsters its coverage of Darfur. In collaboration with U.S Departments Humanitarian Information Unit along with U.S Holocaust Museum Memorial, it now showcases more than 3,300 villages that have suffered mass genocide. The idea is to provide a clearer image on what actually it is like to have villages after villages being eliminated. one can see images of those villages before and after the devastation. This is where Google Earth makes itself more than just a tool to view the Earth in 3D and with this it's keeping spotlight on the issue which has sort of vanished in recent times. Tags: google, google earth Related posts Wonder Wheel comes to YouTube as well (0) Upgrade your IE6 to a newer browser if you need to watch YouTube videos (2) T-3 and co
Startup Meme

RBS Posts Wider First-half Net Loss
Royal Bank Of Scotland Posts Wider First-half Net Loss; Makes Progress On Restructure
CBS News

Buyout Business Sees Signs of Rebound
Blackstone posted strong earnings and a KKR-owned firm enjoyed a strong IPO, some of the most encouraging signs for private equity in more than two years.
Wall Street Journal

Richrelevance grabs $12.5 Million in funding, wont give details
Online shopping assistant Richrelevance that helps shoppers with recommendations for products has raised $12.5 Million in funding. We aren't sure if this is a new round of funding or a continuation of a previous round and the funds come in after it had secured $9 Million in its third round last year. Along with the round of funding, the firm has also increased its workforce and plans to make more improvements as well as expansion in business. Tags: funding, richrelevance Related posts YuMe grabs raises another $2.9 Million in funding for its Video Ad network (0) Wonga raised $22.5 Million for its short term loan service (0) VoIP startup Ooma raises $14 Million (0) Vindicia raises $7.5 Million for its Payment management software (0) Twitter’s desktop client, Tweetdeck raises $3.2 Million in funds (0)
Startup Meme

Mounting Write-Downs Hurt RBS
Royal Bank of Scotland posted a net loss of £1.04 billion in the first half of the year, as the bank had to set aside more money to cover bad loans.
Wall Street Journal

DDOS played its role in Twitter/Facebook downtime
Twitter had a terrible day and it wasn't just Twitter, but other social services including Facebook suffered the same. Though the downtime that Facebook went through wasn't as prolonged it did affect quite a lot. Reports held a massive DDOS attack responsible for the downtime and both Facebook and Twitter are trying to figure out the real cause behind this. I guess the outage was quite sporadic at Facebook unlike Twitter where it was much widespread (as usual). Tags: DDOS, facebook, outage, Twitter Related posts Phishing scam now rampant on Twitter. Facebook you are not alone! (2) Facebook continues to nibble Twitter like features, introduces its own ‘Follow’ feature (0) VideoUp lets you record videos from iPhone 3GS and upload them to Facebook (0) TwitVid.io: Share Videos on Twitter the easy way (0) Twittospheric: Your Twitter in in Real Time (2)
Startup Meme

Japan Airlines books $1 billion loss in 1Q
Japan Airlines passenger planes park on the tarmac of Tokyo's Haneda Airport, Friday, Aug. 7, 2009. Asia's biggest airline said Friday it posted a $1 billion loss in the April-May quarter, larger than...
India Gazette

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