FBI investigation into incidences concerning insider trade has cast its net wider. Currently, legal action has been taken against Galleon Group a hedge fund, where many of the accused persons entered a plea of guilty and agreed to testify against fellow defendants. The Galleon case which is the biggest of insider trading cases in history is still being tried.
Currently, a ruling on whether telephone conversations that were recorded in secret can be admissible evidence in the trial is being awaited. Some of those that have entered a plea of ‘not …

The Commerce Department released a report on the economy that will come as good news to Americans keen on their economy. In the 3rd quarter of July to September, there was an annualized growth rate of 2.5%. This is as opposed to an estimated rate of 2%.
The growth was attributed to higher spending by American consumers, especially on items such as cars; as well as a rise in the volume of exports.
In the 2nd quarter, a growth of 1.7% was registered and so the latest figures show a considerable improvement. …

A satellite that according to reports will be used to eavesdrop on enemy communications was launched on Sunday. The spacecraft was released to orbit by the United States National Reconnaissance Office from Cape Canaveral Air Force Station via a Delta-4 heavy rocket.
The spacecraft which can put as much as 13 tons in a geostationary transfer orbit is the largest unpiloted American launch vehicle and has an antenna reflector of 18m for relaying phone and data traffic.
The gigantic booster which took off at 1758hrs is taking its fourth flight since its …

Most people have the inclination that video on the NBC Sports online is the biggest attraction. But this is not the case as a survey conducted last month showed that more than two thirds of the visits to the site had a comment to the NBC Talk blogs, mostly in Mike Florio’s Pro Football Talk.
This is replicated in the facility’s purchases, NBC Sports Talk app, that has led in the free sports list. The application is so easy to use and as it has tried to avoid the complications in …

Some of these phrases will never get a new line “it is that time of the year again” mostly used to refer to occasions and events that happen annually like the Christmas, Valentines and national holidays. One thing to note is that whenever they are used some one is ready and is going to make a lot of money from sale or something.
The Oscars are just like political campaigns, believe it they run all year round and speculation and predictions begin the moment the winner gets his or her prize. …

A conflict is brewing between emerging technology and the use of social networks in all sectors of the country.
In court the job for all the parties was clear and known to them, the jury questioned, the plaintiff brought evidence, so did the defense and things were simple and easy.
That was then, a case in Weld District Court seems to have come to challenge the status quo. The case pitted two gangs, uncooperative witnesses and defiant jury.
The law prohibits use of cell phones in court but in this case that was …

Mr. Hartless has been appointed as the new Vice President of Technology Associates to be head of operations. The company has been in search of a person to help it grow and expand to better heights and his appointment is geared towards diversification in the company’s Defense and portfolio. He has been in the industry for more than 25 years and prior to his appointment he worked as a Marine Corps officer, a position he held from 1999.
He has been involved in the top level of management for quite along …

THThanksgiving is round the corner and people are checking out for the best Thanksgiving quotes to
welcome the festive season. According to the reports, people are searching the web to find the best
quotes to express themselves on the Thanksgiving Day. Reports indicate, people are searching for the
perfect quotes for updating their status message on different social networking profiles.
Writing new status message on the social networking profiles have become a common trend in the
present days. Nowadays, people want others to know what is on their mind and so it is quite obvious
that …

The economic condition of the United States has received a great jerk a couple of years back. Several
financial institutions and multiple industries were on the verge of collapsing when federal funds were
used to provide necessary financial aid. US GDP has experienced several ups and downs after the
recession and the latest report indicates some positive changes in the growth rate of the economy.
According to the reports, US GDP growth rate has been increased to 2.5 percent after the third quarter
reports were declared.
The reports of the Bureau Of Economic Analysis declared that …

Google has agreed to offer more privacy training to its staff after it was discovered that the corporation had illegally collected private information from unsecured wireless networks through its Wi-Fi system. The information collected will also be deleted as soon as possible.
The Hamburg Data Authority had been doing a regular audit when it stumbled upon this violation of privacy laws.
There has been a clamour for the company to be slapped with a fine but David Smith, Deputy Information Commissioner said that there were no grounds for such an action …