Recession is at the foot-steps, and there is no denying that the logic has to come back and win over intentions. There has been talks about a lot of booms and bursts but for last 70 years US had always maintained AAA ratings from the rating agencies.

Facebook is rumored to partner the Chinese Search giant Baidu to enter China, and analysts believe that this is a smart move by Facebook. China is a difficult nation and it will be extremely difficult for US companies to win it, which has been proved by earlier experience with Google, Microsoft and Ebay.

Chinese actress Yao Chen has just passed the 10 million follower mark on Chinese Twitter, Sina Weibo. Weibo is the second most popular Social network after Renren and it is the nation’s most popular microblogging platform.