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As per hearsays, Google might roll out its own social networking site 'Google Me'.

Mr. Kevin Rose, the founder of Digg, tweeted, "Ok, umm, huge rumour: Google to launch Facebook competitor very soon "Google Me," very credible source" on June 28.

The report also said that internet giant has been exploring social networking patterns to make one of its own.

TechCrunch's tip-off leaked out that the research is to take place at Google's Dublin office and will take 60 minutes with pollsters receiving 60 Euros per survey.

Piramal Healthcare Ltd announced that it has inked a definitive contract with Super Religare Laboratories Ltd (SRL) with the aim to sell its division Piramal Diagnostic Services Pvt Ltd (PDSL) to SRL.

According to reports, the deal is expected to be valued around Rs 600 crore.

Piramal Diagnostic Services Pvt Ltd offers up pathology and radiology diagnostic services via a broad network of 107 labs.

In FY'10, the company had reported revenues worth Rs 200 crore.

Luxury car manufacturer BMW has introduced its 5 Series sedans from the Chennai facility.

The company said that the delivery in the Indian market will start by the July end.

In his lecture, Juergen Eder, BMW Plant Managing Director stated that deliveries of the new 5 Series at a cost between Rs 38.9 lakh and Rs 58 lakh (ex-showroom) will start by the end of this month.

It has been reported that Money Magazine, announcing its picks for the best 100 U. S. towns, gave first place to Eden Prairie, Minn., and 100th to Mount Pleasant, S. C.

The magazine reported in New York on Tuesday that numbers 2 through 4, in ascending order are Columbia/Ellicott City, Md., Newton, Mass., Bellevue, Wash., and McKinney, Texas.

Wendi Seminari, whose child and grandchildren also live in the city, said, "I love living in Eden Prairie." She said Eden Prairie is "good for all ages."

According to the media reports, Colton Harris-Moore, the "barefoot bandit" wanted in a series of U. S. thefts, was deported to the United States Tuesday after pleading guilty in the Bahamas.

CNN has reported that FBI Special Agent Judith Orihuela said a plane carrying Harris-Moore arrived in Miami at 6:23 p. m. EDT. Harris-Moore is to appear Wednesday in federal court in Miami.

U. S. President Obama and Democratic leaders in Congress will focus on three major economic issues leading up to the November elections, says the White House.

It has been reported that Press Secretary Robert Gibbs told reporters Obama and congressional leaders agreed during a White House meeting on Tuesday to try to win passage of financial reform legislation, an extension of unemployment insurance benefits for the long-term jobless and expanded small business lending.