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Fastest Ferrari, F12berlinetta, Gets Thumbs up from F1 Drivers

Ferrari F12 Berlinetta
The Ferrari F12berlinetta, a painfully beautiful car recently unveiled by the storied Italian automaker, was tested by Scuderia Ferrari Formula 1 drivers Fernando Alonso and Filipe Massa and they found it to be staggeringly quick and incredibly powerful.
Tesla Roadster and Mode S

Tesla Says its Model S Battery Will Not 'Brick'

The soon-to-be available electric Tesla Model S sedan will not experience permanent battery failure that has been reported in earlier Tesla models, like the Roadster, whose batteries completed discharged and could not be recharged, the manufacturer said.
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JK Shin, President of IT & Mobile Communications Division at Samsung Electronics with “Manufacturer of the year” and “Best Smartphone” titles at MWC 2012

Samsung Galaxy S2, iPad 2 Scoop Highest Honours at MWC Awards 2012

After the golden Oscar night came one of the most prestigious events of the Mobile World Congress (MWC), the Global Mobile Awards 2012. GSMA , the organization that represents the interests of the worldwide mobile communications industry and hosts the MWC in Barcelona laurelled Samsung and Apple with the top categories of the night.
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LightSquared Reported Considering Ex-Nextel Head for CEO

LightSquared, the beleaguered telecom startup founded by hedge fund manager Philip Falcone, is considering hiring telecommunications veteran Timothy Donahue as chief executive officer, a person familiar with the matter said on Wednesday.
James Murdoch

James Murdoch Steps Down as News Corp U.K. Unit Head

James Murdoch, the younger of 80-year-old media baron Rupert Murdoch's two sons, will relinquish his position as executive chairman of U.K.-based newspaper publisher News International, following a phone-hacking scandal that shut down the News of the World newspaper.
Microsoft Edges Tech Rivals over Patent Rights Bid on AOL Auction

Microsoft opens Windows 8 for public testing

Microsoft Corp opened up an incomplete version of Windows 8 for the public to download and test on Wednesday, looking to rev up excitement for its slick, new-look operating system which it hopes will restore its fading tech supremacy.
The Toyota logo is shown on the front of a Prius Hybrid vehicle during the first press preview day for the North American International Auto Show in Detroit

Toyota To Ramp Up Production In Thailand

Toyota Motor Corp. (NSYE: TM) announced Wednesday it will increase the output of its Thai engine-building subsidiary Siam Toyota Manufacturing Co. in 2014, in an effort to meet growing demand in Asia.
Amazon Kindle Fire

Amazon Says Kindle Titles Exceed 100,000

Amazon (Nasdaq: AMZN), the world’s biggest e-retailer, said the number of titles for its Kindle owners lending library tablet family now exceeds 100,000, compared with only 5,000 last November.
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Joy Global's 1Q Profit Rises

U.S. mining equipment maker Joy Global Inc posted higher first-quarter profit, helped by stronger margins, and raised its 2012 forecast.
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CVC Capital Agrees To Buy Ahlsell

Private equity firm CVC Capital Partners announced on Wednesday the 1.8 billion euro ($2.4 billion) acquisition of technical products wholesaler Ahlsell from Cinven and Goldman Sachs Capital Partners, marking Europe's largest private equity deal in almost a year.
ipad 3 release invitation

iPad 3 Releasing on March 7: Mystery of the Missing Home Button and Rumors Roundup

Apple has finally set the date for the grand release of its third generation iPad on March 7, and all Apple fans around the world are now on their toes. But the invitation, sent by the company to media organizations, has given rise to another set of speculations. The invitation includes an enhanced display that apparently lacks the traditional home button.
The Peugeot 3008 Hybrid4 is pictured during the International Motor Show in Frankfurt

GM Hesitates Over Peugeot Alliance Plan: Report

French car maker PSA Peugeot Citroen's alliance talks with General Motors may yet fail as the U.S. automaker hesitates over criticism from investors, a source with knowledge of the discussions said.
Apple iPad 3 Invitation

iPad 3 Release Rumor: Does Apple Invitation Confirm Release of iTV Along With iPad?

Apple Inc.'s invitation sent on Tuesday for a March 7 event almost confirms the fact that the company is gearing up to unveil its new iPad 3 (or will it be iPad 2S?). As soon as the news of iPad 3 release hit the market, Apple enthusiasts were back at the rumor mills expecting the launch of a new Apple iTV along with the launch of the iPad 3 at the Yerba Buena Center for the Arts in San Francisco.

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