17 December 2012 Last updated at 15:35 ETThe collapse of electrical chain Comet will cost the government £49.4m in redundancy payments and tax revenues, administrators Deloitte have revealed.The redundancy money owed to thousands of former Comet workers totals £23.2m, and will be paid by the government’s Redundancy Payments Service (RPS).Meanwhile, £26.2m is owed in taxes to HM Revenue & Customs...
N. Korea displays Kim Jong Il a year after death
Label: WorldPYONGYANG, North Korea (AP) — North Korea unveiled the embalmed body of Kim Jong Il, still in his trademark khaki jumpsuit, on the anniversary of his death Monday as mourning mixed with pride over a recent satellite launch that was a long-held goal of the late authoritarian leader.Kim lies in state a few floors below his father, national founder Kim Il Sung, in the Kumsusan mausoleum, the cavernous...
Amazon smartphone reportedly set for 2013 launch
Label: TechnologyTitle Post: Amazon smartphone reportedly set for 2013 launchRating: 100%based on 99998 ratings.5 user reviews.Author: Fluser SeoLinkThanks for visiting the blog, If any criticism and suggestions please leave a comm...
Amazon adds episodes of alt-comedy show “UnCabaret”
Label: LifestyleLOS ANGELES (TheWrap.com) – Amazon Instant Video has added four exclusive episodes of “UnCabaret,” an alt-comedy showcase for the likes of Margaret Cho and Andy Dick, to its Prime Instant Video service.The show was created and hosted by comedian and entertainer Beth Lapides and features performances by such comedy stars as Sandra Bernhard, Garfunkle and Oates, Greg Fitzsimmons and Rob Delaney. Instead...
Amgen to plead guilty in criminal case: prosecutors
Label: HealthNEW YORK (Reuters) – Biotech company Amgen Inc is scheduled to plead guilty on Tuesday in a criminal case in federal court in Brooklyn, New York, prosecutors said.A brief statement from the U.S. Attorney‘s office gave no details of the charges Amgen would plead guilty to.Representatives of Amgen could not immediately be reached to comment on the subject matter of the expected plea.Amgen in October...
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Samsung and Apple Duel in Enterprise Tech
Label: BusinessLast summer, health-care startup Preventice asked Samsung Electronics if it would create a custom version of its popular Galaxy S II phone. Preventice was putting the finishing touches on a product that used a smartphone to transmit data from a patient’s heart monitor to a doctor, and it needed Samsung to disable downloads, which might interfere with a cellular connection. In less than six weeks Samsung...
Egyptians hand Islamists narrow win in constitution vote
Label: WorldCAIRO (Reuters) – Egyptians voted in favor of a constitution shaped by Islamists but opposed by other groups who fear it will divide the Arab world’s biggest nation, officials in rival camps said on Sunday after the first round of a two-stage referendum.Next week’s second round is likely to give another “yes” vote as it includes districts seen as more sympathetic towards Islamists, analysts say, meaning...
Cisco hires bank to sell home wireless router unit: report
Label: Technology(Reuters) – Networking equipment company Cisco Systems Inc has hired Barclays to sell its Linksys home router unit, a report said on Sunday.The business, which Cisco acquired for $ 500 million in 2003, will likely be valued for less because it has low margins, according to Bloomberg.The sale is part of Cisco’s strategy to shed its consumer unit and focus on its software and technology services businesses.Last...
‘Hobbit’ bests ‘Rings’ with $84.8 million opening
Label: LifestyleNEW YORK (AP) — Peter Jackson‘s “The Hobbit” led the box office with a haul of $ 84.8 million, a record-setting opening better than the three previous “Lord of the Rings” films.The Warner Bros. Middle Earth epic was the biggest December opening ever, surpassing Will Smith’s “I Am Legend,” which opened with $ 77.2 million in 2007, according to studio estimates Sunday. “The Hobbit: An Unexpected Journey”...
Boehner opens door to tax hikes, shifts U.S. fiscal cliff talks
Label: HealthWASHINGTON (Reuters) – U.S. House of Representatives Speaker John Boehner‘s offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end “fiscal cliff.”The question now boils down to what President Barack Obama offers in return. Such major questions, still unanswered so close to the end of the year suggest, however, that...
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