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Yahoo general counsel quits search giant

Yahoo general counsel Michael Callahan is stepping down “to move on to new opportunities,” according to a resignation letter filed with the Securities and Exchange Commission, reports The Recorder. Ron Bell, deputy GC for products and the Americas region, is…

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Cayman Islands blamed for UK’s tax burdens

I have recently republished articles and views that have appeared in reputable news sources that have shown the Cayman Islands in a bad light including now the oft called “nefarious” and “notorious” Islands. However, none can compare to this posting…

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Manchester United tackle debt by floating on New York Stock Exchange and moving registration to the Cayman Islands

• Glazer family hope to pay off portion of United’s £423m debt • Signalled intention to move registration to the Cayman Islands The US-based Glazer family who own Manchester United have signalled their intention to move the club’s registration to…

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Shell Eco-marathon Asia 2012 – Day 1

OVER 1,000 STUDENTS AT SEPANG TO PARTICIPATE IN SHELL ECO-MARATHON ASIA 2012 Today, students from all over Asia and the Middle East have come together at Kuala Lumpur’s Sepang International Circuit to compete in Shell Eco-marathon Asia 2012. A total…

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New anti-piracy rules due to come into force from March 2014 in UK

Anyone who illegally downloads films or music from the internet will be subject to a ‘three strikes’ rule from March 2014 if new Ofcom proposals become law, the BBC reports. Under the draft code outlined by Ofcom, the UKs main…

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CTEX, VCE, and Zuora establish a strategic alliance agreement

Curaçao Technology Exchange (www.ctexpartners.com), in collaboration with VCE and Zuora, have established a strategic alliance. Targeted for September 2012, CTEX which is building the region’s most advanced Tier-IV designed data centers will shortly launch a unique portfolio of ‘infrastructure as…

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Higgs boson-like particle discovery claimed at LHC

Cern scientists reporting from the Large Hadron Collider (LHC) have claimed the discovery of a new particle consistent with the Higgs boson. The particle has been the subject of a 45-year hunt to explain how matter attains its mass. Both…

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Worries Over CWC Leakage

International credit ratings agency, Standard & Poor’s (S&P) says it is concerned that UK-based telecommunications services provider Cable & Wireless Communications (CWC) does not fully own its key assets in several countries, including The Bahamas, which leads to “meaningful leakage”…

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Legendary USA swimmer, Dara Torres, retires after failing to make Olympic team

Omaha: Dara Torres lingered in the water after the other swimmers had rose out of the pool. Her long career was finally over. She wanted to soak up the moment as long as possible. The 45-year-old Torres came up short in her…

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Weather Underground sold to The Weather Channel

Dr. Jeff Masters has announced on his Weather Underground web site that, “After 17 years as an independent company, Weather Underground has been sold, and will now be part of The Weather Channel Companies (TWCC.)” In 1995, when the newly…