COMPANIES

In the wake of rumors circulated about a slimmer Sony PlayStation 3 in development, newly leaked pictures appear to confirm the early reports.

The Apple iPhone 5 rumor mill has been running at full steam over the past week. Supposedly leaked specifications and photographs of the coming phone have been all over the Internet. Now, a lesser-known site by the name of KitGuru has released photos that it claims show the latest iteration of the iPhone.

Launched just over a year ago, and touted by the newspaper-loving Murdoch as a savior for print media, The Daily boasts is drowning in estimated losses of $30 million a year.

Russell Wasendorf Sr., the founder and CEO of failed futures brokerage PFGBest, was arrested on Friday, five days after his suicide attempt brought to light allegations of a massive fraud, authorities said.

Oracle (Nasdaq: ORCL), the No. 1 database developer, said it will acquire Involver, a five-year-old social media software developer, its third sector acquisition in three months.

If anyone knows how to survive a future zombie apocalypse it would be Walking Dead creator and writer Robert Kirkman. Kirkman teamed up with Hyundai to customize an Elantra Coupe to become the Zombie Survival Machine. The armored car was revealed on the 2012 Comic-Con floor at the Future US Booth, and boy does it look like it can do some damage.

Darden Restaurants (NYSE: DRI), which owns Olive Garden and Red Lobster, will buy Yard House USA Inc., another restaurant chain, for $585 million in an all-cash deal, the company announced on Thursday.

Chicco-brand Polly folding baby high chairs sold by the U.S. subsidiary of Italy's Artsana SpA pose laceration risks from exposed pegs on the back of the chair.

Dwight Howard won't lose endorsements because of his trade demands, according to one expert.

Digg dug its own grave. Once the darling of the social media world, the company was bought Thursday for $500,000. Here's how the social news-sharing site lost out to rivals like Reddit, Twitter and Facebook.

Internet superstore Amazon has something huge in the works. After a long history of fighting against collecting sales tax, the company seems to have a new strategy to stay on top: same-day delivery.

Microsoft (Nasdaq: MSFT), the world's biggest software company, is in seeking to divest its remaining investment in MSNBC.com, the No. 4 U.S. news website.

Nike has distanced itself from the former Penn State coach in light of new allegations.

Yahoo (Nasdaq: YHOO), the No. 3 search engine, elected 11 directors at its annual meeting Thursday, including three nominated by former dissident shareholder Third Point Capital.

All seven people aboard a plane being used by Kinross Gold Corporation (NYSE: KGC) died when the aircraft crashed shortly after takeoff from an airport in the African nation of Mauritania, officials of the gold mining company said Thursday.

The swastika is considered a harbinger of good luck and well being in India.

United Continental Holdings Inc. (UAL) is joining hands with Boeing Co. (BA) to save on its fuel costs by replacing outdated and obsolete planes.

When San Franciso-based Wells Fargo & Company (NYSE:WFC), releases quarterly results Friday morning, analysts will be examining the corporate filing for hints as to the state of the U.S. housing market.

When New York-based banking behemoth JPMorgan Chase and Co. (NYSE:JPM) reports its financial results for the latest quarter on Friday morning, the market's collective attention will be focused on just one figure: the one finally detailing how much JPMorgan lost as a result of its ill-advised strategy of putting huge hedge bets on the CDS derivatives market.

Yahoo (Nasdaq: YHOO), the No. 3 search engine, acknowledged a security breach of a Singapore-based server from which a hacker group may have extracted log-ins for as many as 450,000 user accounts.

Australian online electronics retailer Kogan says Microsoft Corporation (NYSE: MSFT) rectified an issue that knocked the company's home page off the Seattle-based software giant's Bing search engine.

Hewlett-Packard Co. (NYSE: HPQ) narrowly retained its spot as No. 1 in global PC sales but China?s Lenovo Group (Pink: LNVGY) is within striking distance, market researcher Gartner Group (NYSE: IT) reported.

Japanese advertising company Dentsu Inc. (Tokyo: 4324) is buying the British firm Aegis Group Plc (AGS) for £3.16 billion ($4.9 billion) in a deal that will give Aegis stakeholders $3.73 per share.

Airbus has won about $16.9 billion worth of business for a total of 115 aircraft, the European aerospace giant said Thursday.

PSA Peugeot-Citroën, France's ailing carmaker, said Thursday that plummeting demand for its vehicles has prompted it to close a factory that employs 3,000 people.

The Daily's days might be numbered.

No surprise: shares of the biggest search engine providers rose again in June while the weaker ones fell, market researcher comScore Inc. (Nasdaq: SCOR) said.

General Motors Company's (NYSE: GM) dual European brands, Opel and Vauxhall, released Wednesday the first teases of the new ADAM city car, which seems to have been designed to compete directly with the popular Fiat 500 and BMW's Mini.

On Tuesday, Gotta Be Mobile released exclusive photos of what it believes to be an engineering sample of the iPhone 5 design, which only helps to validate earlier rumors, reports, and even photos and schematics of the phone. The features and specs from this iPhone metal mockup actually perfectly match up with those earlier photos and schematics released in May.