Updated Trends: Famed online newspaper, Huffington Post will be purchased by AOL for $315 million, and as per the deal it will create an user pool of 270 million users, of which 117 would be US based. AOL will purchase the website group by paying $300 million in cash, the amount will be distributed between Arianna Huffington and Kenneth Lerer, who are...

Updated Trends: Google seems to need a Steve Jobs ‘type’ of a leader who will lead the company towards success and positive horizons. As Mark Zuckerberg, developed Facebook into a social networking tool that has captured the entire globe, Google too has to bring in someone similar to Zuckerberg and Jobs. Recent news show that Google will...

Updated Trends: The Australia floods are now risking the coal prices to rise globally, as Queensland, the state which has been affected by the floods and the largest coal producing state, is under the grip of price surge. Flooding will affect the price to rise, and it has been predicted that prices of the product will shoot up by more than 30%, as much...

Updated Trends: German automotive giant, Mercedes has done a facelift and upgraded the current C-Class, and has planned to launch the vehicle in the North American market by next year. This new model will be remaining in the market until the year 2013, as the next model replaces it completely. The company has stated that it has given more than 2000...

Updated Trends: Virgin Atlantic’s CEO Richard Brenson has said that his airline company has been approached by other companies in an offer with merger deals. This announcement has come just a month after Virgin hired Deutsche Bank, in a move to help it in having stronger growth prospects. A spokesman from the airline said that they have been approached...

Updated Trends: Groupon may still go for a stronger bargain in the market today, as Google’s price for the company seems to be just too high. One of the officials of the company has stated that the Groupon’s annual revenue has crossed $1 billion this year, and its number of subscribers have tripled to almost 35 million now. An analyst has...

Updated Trends: BMG To Purchase Chrysalis For £107 Million BMG music company will be purchasing Chrysalis for £107 million pounds, the officials at BMG management have confirmed this news. Chrysalis is a music publisher and is known to have one of the world’s largest catalogs of Michael Jackson, Blondie and David Bowie. BMG on the other hand...

Updated Trends: Russia To Sell SU-35 Fighters To China In the latest news from the defense world, Russia is looking forward to sell the SU-35 fighter aircraft to China. The SU-35 or Sukhoi 35 is a 4++ generation fighter aircraft, built indigenously by Russia and now it is looking to sell it on a commercial scale. The news has been confirmed by Russian...

Updated Trends: Microsoft Windows Phone 7 Sales Falls Below Expectation, Microsoft Keeps Mum The Microsoft Windows Phone 7 sales has fallen below the expectation of what was predicted by the experts, and in context to this, Microsoft officials have evidently kept mum. They have not spoken much on the sales of the latest mobile OS, as prior to the launch,...

Updated Trends: Facebook Email Service Be Launched Facebook Email service will be launched very soon and it is said that this latest service may be known as the “gmail killer” in the world of the web. The service is said to be launched on Monday, and all who subscribe to it will have an initial ending with @facebook.com, something that it...