COMPANIES

American businessman Christopher Cox banged up a $31 million 1962 Ferrari 250 GTO in an accident near Le Mans, France, that left his wife with a broken leg, reports said Tuesday.

Penny Arcade is hoping a successful Kickstarter campaign will give its users a better experience.

It's common knowledge that parking in New York is a miserable experience. Finding spots can be frustrating, parking is expensive, street-side parking notices are inscrutable and you have to move your car often.

Research in Motion CEO Thorsten Heins has been saying the same thing for weeks: Pay no attention to the man behind that curtain. Despite massive layoffs, dramatic drop-offs in market share and a rapidly decaying portfolio for investors, Heins firmly believes that RIM's best is yet to come.

The late King Hussein of Jordan titled his autobiography ?Uneasy Lies the Head.? That could be the title Thorsten Heins, CEO of Research in Motion (Nasdaq: RIMM), the ailing BlackBerry developer, could use for his book, too.

Lady Gaga finally launched her social media platform after months of beta testing.

The world's top three jet engine makers are accelerating their research and development (R&D) efforts to cash in on a booming global aviation market.

Five months after its unveiling in early February, Apple is finally ready to release its next-gen operating system for the Mac. On Monday, the company released the golden master of OS 10.8 Mountain Lion to developers so they can begin submitting their Mountain Lion apps before the platform launches on the Mac App Store later this month for $19.99.

Comcast Corp. (CMCSA) is shedding its stake in A&E Television Networks for $3.03 billion to its joint-venture partners Walt Disney Co. (DIS) and Hearst Corp.

Five more companies, including Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, have left the controversial American Legislative Exchange Council (ALEC) since the Feb. 26 killing of Trayvon Martin, 17, in Sanford, Fla.

Now that its legal dispute with Proview Technology over the iPad trademark is done and settled, Apple is free to sell the world's most popular tablet in the world's biggest market: China. And that's exactly what the company plans to do. Apple's new iPad, or the iPad 3, will finally be released to Apple Stores in China on Friday, July 20.

Worldwide spending on information technology is on track to surpass $3.6 trillion in 2012, a 3 percent increase from 2011 spending of $3.5 trillion, instead of a previously forecast 2.5 percent gain, according to research firm Gartner's revised 2012 IT spending outlook.

More than $200 million in customer funds appears to be missing from the accounts of futures broker PFGBest, regulators said Monday just hours after the firm's founder attempted suicide outside the company's Iowa headquarters.

Facebook, which is expected to claim one-seventh of humanity in its grasp next month, is trying to give LinkedIn a run for its money with a proposed entry into the job-recruiting market.

Intel (Nasdaq: INTC), the No. 1 chipmaker, said it would commit as much as $1 billion to acquire a preliminary stake of 10 percent in Dutch semiconductor maker ASML Holding (Nasdaq: ASML).

Airbus and Boeing are ramping up their global supply chain efficiency to meet a huge number of orders.

Microsoft has officially announced that it will launch its next operating system, Windows 8, in late October. The release to manufacturing (RTM) edition of Windows 8 will be available in the first week of August, Microsoft CFO Tami Reller said today.

As investors await second-quarter earnings from leading technology companies, several warning signs indicate that save for special cases, it won?t be a blow-out.

Amy Senser, the wife of former Minnesota Vikings tight end Joe Senser, was sentenced to 41 months in prison Monday in a Hennepin County courtroom for the hit-and-run death of chef Anousone Phanthavong.

BlackBerry developer Research in Motion (Nasdaq: RIMM) values its intellectual property at $3.37 billion, or nearly 85 percent of the value of the entire company.

Boeing Company (NYSE: BA) has extended its lead in 2012 orders over European rival Airbus SAS with a multibillion-dollar commitment from a leasing company that the Chicago-based company revealed this week in Airbus' backyard.

BMW AG (Frankfurt: BMW) will increase Mini production in a big way with a £250 million ($387 million) investment over three years in UK manufacturing, the BBC reported Monday.

Camden, N.J.-based Campbell Soup Company (NYSE:CPB) announced Monday it was acquiring food and beverage company Bolthouse Farms Inc. for $1.55 billion from a fund managed by private equity firm Madison Dearborn Partners, LLC.

Customers are unhappy about the complexity of Verizon Wireless' new changes. The company has eliminated voice-calling and text charges, instead opting to charge for the amount of data used by smartphone owners.

After AMC's hit zombie survival show The Walking Dead consistently broke records in its second season, everyone has been looking to get in on the action. In addition to Telltale Games' recent video game, Activision has just announced a first-person-shooter set in The Walking Dead universe.

Cisco responded to a customer backlash against a default setting in routers that connected users to its Cloud Connect service, allegedly blocked their ability to check out porn sites and tracked their internet usage.

Consider BlackBerry developer Research in Motion (Nasdaq: RIMM): is it in a ?death spiral? or a tarnished diamond that with better management can be revived for a bright future?

An alleged al Qaeda operative was detained Saturday after crossing through Olympic Park in London at least five times, which defied a travel ban in the park previously instituted by the U.K.'s home secretary.

Ever since Bloomberg first reported rumors of a new, smaller iPad, the internet has been ablaze with rumors over the expected announcement of the iPad Mini. While Apple hasn't yet made an announcement about the device, manufacturer reports suggest the rumors might be accurate.