In a recent interview with NBC's the "Today" show, mogul, boy-genius and CEO Mark Zuckerberg indicated that his brainchild -Facebook- said that the ubiquitous social media site still is in its infancy with still room to grow. Zuckerberg remains " so grateful to have the opportunity.. to serve so many people... and the best is yet to come."
The Public Company Accounting Oversight Board (PCAOB) said in hindsight at a recent budgetary meeting that the board and Chinese regulators are close to securing an agreement wherein US inspectors will be reviewing audits made by the Chinese accounting firms, including the local units of PricewaterhouseCoopers, KPMG, Deloitte and Ernst & Young.
Credit Suisse CEO Brady Dougan reiterated one of his plans to reduce the bank's annual costs by CHF4.5 billion after reporting a less than stellar fourth quarter results on Thursday.
According to court insiders, US fund manager Michael Carsley's company Aloga Ltd had dropped its case to pursue A$28 million or $25 million from collapsed horse betting club Edge.
