The voluntary buyouts are for employees who are at least 56 years old and have worked at the McLean, Va.-based company for at least 20 years as of March 31, according to a company memorandum.
Shares of Apple, the world’s most valuable technology company, hit the $500 mark Monday valuing the company at $462 billion. It remains the world's most valuable company.
As the first traces of snow began to fall on day four of Mercedes-Benz Fashion Week in New York, Falguni and Shane Peacock heated things up in the studio with their Fall 2012 collection that embodies dark, edgy glamour. View the slideshow to see photos of the Falguni and Shane Fall 2012 runway show at Mercedes-Benz Fashion Week in New York.
Motorola Droid Razr Maxx, which was released only a few weeks back, has gained rave reviews for its battery longevity. Motorola with Razr Maxx has successfully addressed the age-old battery problem that smartphone users often complain about. But even before the Moto lovers could explore their new device, the company has launched another version of their flagship Droid - Droid 4! Now Motorola, with their new two great launches, sparked rivalry among the siblings.
Droid 4, which was released Friday (Feb. 10), is Motorola's first 4G LTE smartphone that comes with the QWERTY keyboard.
Skyrim was one of the best games of 2011 and since then the developers have introduced a host of patches to address different in-game issues and improve the overall gameplay. Patch 1.2, 1.3 and 1.4 are already there to remove and repair any kind of bugs in the game. However, new DLCs are already on the way and there are speculations about what they will bring. Here are the top five speculated improvements.
Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google's fast growing Android software, a move which may affect other Android phone makers.
Microsoft India's retail website was down on Monday after an apparent hack, with a purportedly Chinese group called Evil Shadow Team posting doctored screenshots that seemed to be of partially obscured customers' usernames and passwords.
Microsoft's online store in India was hacked by a Chinese hacker group called EvilShadow team - 7z1&Ancker Monday morning.
Tom Storrs, who set a small North Carolina bank on the path to becoming one of the largest U.S. financial institutions, died Friday at age 93.
Turn the clock back 13 years to 1999. Seek out the Chief Information Officer of every large business. What was the big worry? Y2K.
The U.S.-Israeli consortium developing the Tamar natural-gas field off Israel's coast said on Sunday it had signed a 15-year deal to supply an Israeli power-plant operator with an estimated $680 million worth of gas.
The Pentagon's fiscal 2013 budget plan calls for the spending of $178.8 billion to develop and buy new warships, fighter jets, and other major weapons, a 7.5 percent drop from the level initially projected for the coming year.
The Android and iOS markets are buzzing with voice-powered software applications. Some of these applications, though inspired from Apple's Siri, take voice assistance feature in smartphones to the next level.
Global airlines on Sunday called for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union over jet pollution spilling into a trade war. Airlines are being squeezed between conflicting laws, the head of the International Air Transport Association said.
Pinterest recently became one of the top five social networks on the Web in terms of weekly visits. For a quick rundown of all the things you need to know about Pinterest, we've gathered the most pertinent information about the hottest new social-media platform on the Web.
An audit released this week called the Port Authority of New York and New Jersey a challenged and dysfunctional organization, citing the ballooning costs at New York's World Trade Center. But, for all the turmoil at the site, the Port Authority has taken steps to return it to both the private and public city.
On Saturday, day three of Mercedes-Benz Fashion Week in New York, Rafael Cennamo presented his Fall 2012 collection of elegant evening wear, catering to a strong woman who is not just glamorous but also aggressive, according to the designer, with sharp metallics, midnight blues and hues of black and gray.
Is there anyone on the planet who hasn't read of the spate of suicides, worker deaths and accidents at the Chinese plants owned by Taiwan's Hon Hai Precision Industries, better known as Foxconn?
Jill Stuart, a designer known for utilizing flirty prints and making them sexy, presented her Fall 2012 collection at Mercedes-Benz Fashion Week in New York on Saturday, displaying girly whimsical pieces in hues of purple, plum, indigo, navy, like a pansy flower and of course, winter white and black. View the slideshow to see photos of Jill Stuart's Fall 2012 ready-to-wear collection at Mercedes-Benz Fashion Week in New York.
Charlotte Ronson showed her Fall 2012 Collection on Friday at Mercedes-Benz Fashion Week in New York, a refined collection in opulent deep plum, burnt orange, maroon, forest crème and beiges from camel to ivory which she called a modern wardrobe for a real girl. View the slideshow to see photos of Charlotte Ronson's sophisticated Fall 2012 collection at Mercedes-Benz Fashion Week in New York.
Apple sued Motorola Mobility in a U.S. court on Friday in an attempt to stop Motorola from asserting some patent claims against Apple in Germany, according to the lawsuit.
Apple's iPad 3 is likely to be launched in near future. However, if you not ready to wait for the next generation iPad, you have a long list of Android-running tablets to choose. These tablets come with amazing features, stylish looks and a reasonable price tag.
Epic Games could be ready to unveil its Unreal Engine 4 before 2013.
Rumors are rife that Apple is all set to launch its next generation iPad, but the Android lovers should not lose heart as Amazon is also anticipated to release two versions of its flagship Kindle Fire, one of which will be bigger than the existing Fire, AllThingsD has reported.
Former New Orleans Mayor Ray Nagin, the colorful and controversial representative of the city after the devastating Hurricane Katrina in 2005, is under investigation by federal authorities, a source with direct knowledge of the probe said on Friday.
Some California farmers plan to stop selling their walnuts to Diamond Foods Inc. in the wake of an accounting scandal over grower payments that has claimed the jobs of the snack company's CEO and chief financial officer.
Washington's plan to further slow production of the F-35 Joint Strike Fighter is prompting its eight foreign partners to rethink their own orders, threatening a vital revenue stream for Lockheed Martin Corp and slowing its drive to make the stealthy new fighter jet as affordable as promised.
Security researchers said they found a vulnerability in the Google Inc mobile payments platform which is currently available in phones sold by Sprint Nextel Corp.
For her Fall 2012 collection at Mercedes-Benz Fashion Week in New York on Friday, Rebecca Minkoff captured the essence of a fearless woman determined to celebrate independence in the moment. Using bold jewel tones paired with primary colors, the 28-piece collection had origami and kaleidoscope prints paired with brocade, tweed and silk. View the slideshow to see photos of Rebecca Minkoff's Fall 2012 collection at Mercedes-Benz Fashion Week in New York.
