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Sony Apologizes for Network Security Breach

Sony Apologizes for Network Security Breach

The Independent News Alternative Real News

Sony executives bowed in apology Sunday for a security breach in the company's PlayStation Network that caused the loss of personal data of some 77 million accounts on the online service.

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Exxon Earns Whopping $11 Billion in First Quarter

Exxon Earns Whopping $11 Billion in First Quarter

The Independent News Alternative Real News

Exxon (XOM) earned nearly $11 billion in the first quarter, a performance that will likely land it in the center of the national debate over high gasoline prices.

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Ford Earns $2.6 Billion in First Quarter

Ford Earns $2.6 Billion in First Quarter

The Independent News Alternative Real News

Ford Motor Co. is the most profitable it's been in a decade, since the days when Americans were snapping up SUVs. But maintaining that momentum - and meeting the high expectations of buyers, workers and investors - will be a big challenge in the coming year.

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Meet China's Next Hot IPO

Meet China's Next Hot IPO

The Independent News Alternative Real News

The world's most populous nation is warming up to social networking, restrictive shackles and all.

Renren filed to go public last week, giving stateside investors another shot to cash in on China's online revolution from the inside.

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Why Apple Shares Will Hit $500 This Year

Why Apple Shares Will Hit $500 This Year

The Independent News Alternative Real News

Apple's (AAPL) earnings per share nearly doubled to $6.40 in the last quarter, and revenue rose 83% to $24.7 billion -- and the figures for Apple's previous quarter were almost as good. But Apple's shares are only up 11% in the last six months, a growth rate that trails the Nasdaq's 13% rise over the period. Even the stock of also-ran smartphone maker Research In Motion (RIMM) is up by about the same percentage as Apple's over that time frame.

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