COMPANIES

Interest in arctic oil has climbed in recent years when industry, government and third party researchers independently made realizations that the amount of recoverable world-class oil deposits was greater than previously thought. That has yet to be properly tested with a drill bit.

The LG Nitro HD, which was made available on AT&T's network from Dec. 4, is expected to face immense pressure from Motorola's Droid RAZR, as Verizon is offering an additional $100 off on the Droid XYBOARD Tablet when customers buy the Motorola smartphone.

Wedbush Securities has upgraded shares of Micron Technology (NASDAQ: MU) to outperform from neutral, saying the worst is over for the company.

The Los Angeles mansion that is featured on FX's hit series will likely go up for sale in 2012 for $17 million.

Weakening economies and falling prices of rival smartphones are hurting sales of Apple iPhones across Europe, data from research firm Kantar Worldpanel ComTech showed on Thursda

Nokia's long-awaited Windows phones may be too little, too late in the smartphone war dominated by Apple and Google, despite positive reviews by handset critics.

Several brokerages have lowered their profit estimates of Oracle Corp. (NASDAQ:ORCL) after the business software maker reported lower-than-expected quarterly results.

A German court rejected Apple's claims that Samsung Electronics' reworked tablet PC still looks like a copycat version of the iPad, in a preliminary assessment.

Jefferies said its several checks suggest that online sales rose a solid 15 percent year-over-year in the Nov. 1 to Dec. 18 holiday season period, an acceleration from the pace of growth in the first nine months of the year.

Yahoo Inc is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said on

The first software update of Amazon Kindle Fire, announced Wednesday, promises major enhancements in Web browsing, privacy controls and a more responsive touchscreeen.

The largest consumer technology trade show in America has been a launch pad for some of the biggest new technologies and has gathered over 100,000 visitors every year. According to a report on Associated Press, the Consumers Electronics association which organizes CES, has received interest from other exhibitors for Microsoft's booth space.

Smoke cigarettes, and you'll pay the price--especially if you're in New York City. Island Smokes, a business that allows patrons to roll their own cigarettes, has two locations in New York (one in Long Island, the other in the Lower East Side), but has agreed to shut down its business in order to avoid a lawsuit from the city. The stores will be closed by February 1.

Environmentalists fear oil prospecting in the region will lead to oil discoveries, prompting greater interest in the Arctic oil found underneath sensitive and hard-to-reach areas like ice-locked seas, and further endangering regional ecosystems.

Amp Electric Vehicles will introduce a converted electric version of the Jeep Grand Cherokee next month at the Detroit Auto Show.

The AT&T/T-Mobile is the third high-profile merger the U.S. Department of Justice has successfully defeated in 2011.

Accessory maker Jawbone raked in $40 million in funds from a new group of investors, just two weeks after the company's CEO pulled the UP bracelet from shelves and offered full refunds for the product.

The Japanese earthquake and tsunami in March 2011 caused a drastic drop in vehicle production and a near-6 percent rise in vehicle pricing for a key Honda model. That's according to analysis from ALG, a leading automotive residual values and analytical data products source.

Shares of troubled search engine and media developer Yahoo surged nearly 6 percent late Wednesday after a report the company may unload its stake in China’s Alibaba Group for about $17 billion.

Investors in Oracle, the No. 1 enterprise software vendor, had their worst day in three years as shares closed down nearly 12 percent, chopping $17 billion from the company’s market value.

This year was a turning point in the history of Silicon Alley. Investments flooded into many young companies, and Mayor Bloomberg and Cornell University bet big on the future of New York technology.

Investigation had revealed that Countrywide had charged higher fees and rates for more than 200,0000 minority borrowers from 2004-2008, in the midst of the housing boom. Some 10,000 borrowers were also pushed in to sub-prime mortgages when others with similar qualifications got standard mortgages.

Current speculation among investors include deals with Dish Network, Sprint Nextel and Clearwire.

Late night host Conan O'Brien lampooned the complaints surrounding Amazon's Kindle Fire tablet via a video message from Amazon CEO Jeff Bezos.

Canadian telecom upstart Globalive wants to buy rival Mobilicity but no deal is imminent or indeed likely until the government clarifies rules on foreign ownership and airwave allocation, according to a source with knowledge of the situation.

The New York Mets are looking for minority owners. Twenty-million dollars will get an individual 4 percent ownership of the team.

U.S. sales of existing homes were up 4 percent in November to an annual rate of 4.42 million units, according to the National Association of Realtors (NAR), suggesting that a housing recovery is beginning.

A Hungarian software company unveiled what it said was the world's first bronze statue of Apple Inc co-founder Steve Jobs Wednesday, calling him one of the greatest personalities of the modern age.

2012 looks to be a big year for gadgets, as Apple, Google, Microsoft and others are all expected to debut dozens of new devices that push the limits of technology. Here are the release dates for several tablet computers and smartphones coming next year.