MediaFile

Tech wrap: Olympus shares tumble

October 24, 2011

The FBI is investigating the massive advisory fee involved in Olympus Corp’s takeover of a British company, a person familiar with the probe said, in a deepening scandal that has wiped out more than half the company’s value.

WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial “blockade” by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said.

“Amid the choking fumes from the Apple flame wars, Walter Isaacson’s biography of Steve Jobs comes as a breath of fresh air,” reports CNET.

Groupon faces its toughest sales pitch this week when the daily deals website launches a roadshow to persuade investors to buy shares in its initial public offering.

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