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New York Fashion Week 2012: PARKCHOONMOO Captures the Essence of Zen, Beauty of Nature

On the second day of Mercedes-Benz Fashion Week in New York, PARKCHOONMOO unveiled her Fall 2012 collection which she derived from the aesthetic of Korean art. Drawing inspiration from Korean Zen Art, namely Yeo Baek or The Void, Park captured Zen, roughly defined as a “meditative state” of being, in its entirety on Friday. Park extracted the material and spiritual through residual energy with pieces mainly in Alpaca fur, lightweight organic cotton, flowy silk and wintry wool.
Apple is busy prepping its next iPad, presumably called the iPad 3, for an early March release. But even though this will be Apple's third iPad, there's a good chance the hype machine is actually promoting an iPad 2S.

Apple iPad 3 Release: Why You Should Expect an iPad 2S

Apple is busy prepping its next iPad, presumably called the iPad 3, for an early March unveiling. But even though this will be Apple's third iPad, there's a good chance the hype machine is actually promoting an iPad 2S.
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A model presents a creation during the Tadashi Shoji Fall/Winter 2012 collection show during New York Fashion Week, February 9, 2012.

New York Fashion Week 2012: Tadashi Shoji Take Us for a Ride on the 'Shanghai Express' with Fall Collection

“I dress for the image. Not for myself, not for the public, not for fashion, not for men,” uttered Marlene Dietrich, the inspiration for Tadashi Shoji’s Fall 2012 Mercedes-Benz Fashion Week show in New York on Thursday drawn from her role in the 1932 film, Shanghai Express. Shoji took revelers on a ride on the Shanghai Express with luxurious fabrics of lace, chiffon, silk and lightweight velvet, capturing the beauty of the golden age of Shanghai.
International Business Times Logo

Calpers Seeking Support for Apple Board Proposal

Calpers, the largest U.S. pension fund, is seeking support for a longstanding proposal to get Apple Inc to require a majority vote before electing unopposed candidates to the company's board.
International Business Times Logo

Internet Firms Aren't Broadcasters, Canadian Court Rules

Internet service providers are not broadcasters, and don't need to adhere to strict rules designed to boost Canadian content on domestic television and radio, the Supreme Court of Canada ruled on Thursday.
richard chai

New York Fashion Week 2012: Richard Chai Debuts Fall 2012 LOVE Collection for Men and Women

Richard Chai debuted his Fall 2012 collection, Richard Chai LOVE and Richard Chai Men's, on Thursday at Mercedes-Benz Fashion Week in New York with a balanced mixed of florals and urban stripes in mostly navy, gray and black with a splash of red. Chai played with proportions, mixing tailored and boxy, and gender, creating a delicate mix of masculinity and femininity.
International Business Times Logo

PepsiCo's Plan Leaves Some Investors Thirsting for More

PepsiCo Inc Chief Executive Indra Nooyi laid out a plan to turn around the company's North American soft drink business that includes ramping up advertising, cutting thousands of jobs and a bigger-than-expected decline in near-term earnings.
Natural Gas - Fracking

Third Company Scales Back U.S. Shale Operations

With the price of natural gas so low, BG Group has become the latest company to scale back their shale natural gas production in the United States, in what could be the start of a temporary retreat from the gas industry in the country.
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York

Analysis: Criminal Trail Going Cold at MF Global

When commodities brokerage MF Global imploded, the FBI and federal prosecutors were quick to launch an investigation to pursue what seemed obvious to outspoken regulators and lawmakers: laws were broken and crimes were committed.
A woman takes a photo of ultrabooks at the Intel booth during the 2012 International Consumer Electronics Show in Las Vegas

Intel Settles N.Y. Antitrust Case for Just $6.5M

Intel Corp agreed to pay just $6.5 million to resolve an antitrust lawsuit by New York's attorney general that accused the world's largest chipmaker of threatening computer makers and paying billions of dollars of kickbacks to maintain its market dominance.
Hasbro

Hasbro Adopts Zynga Characters for Toys, Board Games

Hasbro--the multinational toy and board game company that owns brands such as Candyland, Play-Doh, Mr. Potato Head, NERF, Monopoly, Ouiji and more--will be partnering with the leading social media game creator, Zynga, in order to produce new toys.
World of Warcraft

Activision's Quarterly Sales Beat Expectations

Activision Blizzard's quarterly sales beat Wall Street expectations on Thursday as the video game publisher lost fewer World of Warcraft subscribers than it did a quarter ago.
Apple store

Google, Amazon Steal Strategy from Apple, Open Brick-and-Mortar Stores

The tech giants of Silicon Valley appear to be chasing after Apple's brick-and-mortar sales model: Earlier this week, rumors began to leak about the possibility of an Amazon brick-and-mortar store opening in Seattle. Google has followed up with an announcement of creating a store in Dublin, Ireland.
Sony's Walkman, a portable music player, is displayed in Tokyo

CEO Hirai to Network Sony Content and Gadgets

Incoming Sony CEO Kazuo Hirai aims to re-shape the company by linking hardware and software through online networks - a model he used at the PlayStation maker's computer entertainment unit.
Company logo shown at headquarters for Oracle Corp shown in Redwood City

Oracle Buying Taleo for $1.9B as Cloud War Brews

Oracle Corp agreed to buy Taleo Corp, a maker of Web-based software for recruiting employees, for about $1.9 billion, as technology giants battle for the top spot in the fast-growing cloud computing market.
Apple co-founder Steve Jobs

FBI Notes on Steve Jobs Cited Drug Use, Abrasiveness

Newly released Federal Bureau of Investigation files regarding Apple Chairman Steve Jobs noted the computer visionary’s use of drugs, abrasive personality but also his fitness for a prospective government appointment.
Diamond Foods Michael Mendes

Diamond Foods Plummets, Probe Could Nix Pringles Deal

Diamond Foods nosedived at the opening of the market after an internal probe found the snack company had obfuscated payments booked to walnut growers, leaving investors uncertain of the company's actual earnings.The revelations have jeopardized a deal between the Proctor and Gamble and Diamond for the sale of the Pringles brand of potato chips.
Apple has chosen the first week of March 2012 to introduce its next-generation iPad, the iPad 3. Sources said the Cupertino, Calif.-based company will hold its iPad 3 event in San Francisco, "presumably at the Yerba Buena Center for the Arts."

Apple iPad 3 Release Date Set for First Week of March 2012

Apple has reportedly chosen the first week of March 2012 to introduce its next-generation iPad, the iPad 3. Sources said the Cupertino, Calif.-based company will hold its iPad 3 event in San Francisco, presumably at the Yerba Buena Center for the Arts.
Ford Motor Co President and CEO Alan Mulally smiles during an interview in Bangkok

Two Top Ford Executives Set to Retire

The moves puts the focus on Mark Fields, 50, who runs Ford's operations in North and South America, and Joe Hinrichs, 45, who runs the automaker's operations in Asia, as the leading internal candidates to succeed Mulally.
Bottles of Pepsi

PepsiCo to Cut 8,700 Jobs; Q4 Profit Rises

PepsiCo Inc. (NYSE:PEP), the world's largest snack-food maker plans to cut 8,700 jobs in a restructuring effort to offset high commodity costs and boost investment in advertising and marketing in North America.
iPad 3 Rumors: ‘Leaked’ Back Panel Image Suggests Larger Battery, Better Camera and Retina Display (Report)

iPad 3 Rumors: ‘Leaked’ Back Panel Image Suggests Larger Battery, Better Camera and Retina Display

As the date of launch for the iPad 3 comes close, rumors regarding the next gen iPad are flowing fast and furious. The latest addition in this list of rumors is a leaked photo, purportedly showing the back panel of Apple's third generation iPad, which has hinted at a larger battery and some design changes such as an improved processor, better display and more powerful camera.
Mark Zuckerberg

Facebook IPO Doesn’t Impress Investors Much

A new crop of companies entering the U.S. public markets, including such high-profile offerings as Facebook, are turning the clock back on the way U.S. corporations are run. Investors seems to be not very happy with the IPO.
International Business Times Logo

Alibaba.com shares halted; Yahoo update?

Trading in shares of Alibaba.com Ltd was halted on Thursday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 percent stake in it held by Yahoo Inc.

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