NEW YORK (
) -- Popular searches on the Internet include International Monetary Fund after the organization announced a new set of measures intended to improve the scope of its emergency programs to help ailing nations.
With the new revisions, the IMF said it will offer help under wider circumstances to countries affected by the eurozone debt crisis. The IMF will now be able to offer credit to countries facing liquidity problems that are in relatively good fiscal shape. Its natural disaster and post-conflict aid will now be consolidated under a new "rapid financing instrument."
The new measures likely will help smaller countries affected by the eurozone crisis and aid in preventing global contagion.
Theodore Forstmann is trending as the successor to the co-founder of
, who died on Sunday at the age of 71, is likely to be named.
It's speculated that hedge fund manager Julian Robertson Jr. will be named chairman of Forstmann Little, and would reportedly oversee the firm's holdings and be in charge of selling the firm's remaining businesses after the fund expires on June 30, 2012.
Forstmann was also the chairman of
after purchasing the company for $750 million in 2004. IMG is reportedly expected to name its president and chief operating officer, Michael Dolan, as its new chairman and CEO, succeeding Forstmann.
Xbox 360 is another popular search.
is planning to add new technology to its Xbox 360 system after purchasing
, a company that develops video search software.
The software would help Xbox users search for content on video games more quickly and efficiently. Microsoft said users will be able to find games and game content more easily. According to Videosurf, it uses patented technology to look within the video and assess its content.
In the near-term, Microsoft will roll out its new and improved Xbox 360 dashboard on Dec. 6. The updated dashboard will reportedly resemble Windows Phone 7 and Windows 8. It will be the third dashboard update since it was first released in 2005.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.
-- Written by Brittany Umar
Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.