Samsung to Sue Apple Over iPhone 5 Tech Patents: Report
The row between consumer electronics giants Apple and Samsung escalated on Monday as reports surfaced that the Korean company would file suit against the iPhone 5.
Customer to Netflix CEO Reed Hastings: 'It’s the Movies, Stupid'
It's the movies, stupid, wrote a commenter on Netflix CEO Reed Hastings' blog post, referencing one of Bill Clinton's 1992 presidential campaign phrases.
Lennar Q3 Profit Falls on Fewer Home Deliveries
Homebuilder Lennar Corp (LEN.N) posted a 31 percent drop in quarterly profit on fewer new home deliveries and higher costs.
Schneider Delays $1.4 Billion Auction of Unit: Sources
French engineering company Schneider Electric SA (SCHN.PA) has delayed the roughly $1.4 billion auction of its sensors business because of turbulence in financing markets, people familiar with the matter said.
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China company structure under threat
China's securities regulator is asking the government to clamp down on the controversial corporate structure used by companies such as Sina (SINA.O) and Baidu (BIDU.O) to list overseas, and employed in thousands of other investments by foreigners into domestic Chinese companies, four legal sources told Reuters.
Apple Building Global Security Force after iPhone 5 Loss
Nearly right after reports surfaced that Apple lost another prototype -- this time the anticipated iPhone 5 -- the company is taking steps to ensure it keeps things safe, moving to create a global security force.
Lost iPhone 5 Prompts Apple Security Beef-Up
Shortly after reports surfaced that Apple lost another sensitive prototype -- this time the iPhone 5 -- the company is taking steps to ensure it keeps its devices safe.
Occupy Wall Street: Protests Continue on Day 2
Wall Street was blocked off by the New York City Police Department for a second day in a row as demonstration organizers targeting Wall Street financial firms tried to keep up protests.
AT&T Aims at Verizon with New 4G Roll-Out
AT&T is launching its 4G Long Term Evolution (LTE) network across various cities in the U.S., marking its first foray into the new high-speed data standard.
UBS Rogue Trading Loss Totals $2.3 Billion
UBS announced the loss from unauthorized trading equated to approximately $2.3 billion, more than the $2 billion that was initially reported.
Seven States Join AT&T-T-Mobile Merger Lawsuit
Seven states, including California, Pennsylvania, Ohio, Illinois and New York, have joined the lawsuit to stop AT&T’s acquisition of T-Mobile USA, the Justice Department said Friday. Previously, AT&T had proposed a $39 Billion deal to purchase T-Mobile.
BP Trying to Raise Iraq Oil Output, Not in Contract Talks-CEO
British oil major BP remains committed to reaching its oil production targets at Iraq's huge Rumaila field and is not renegotiating contract terms, the company's chief executive Bob Dudley said on Sunday.
Despite Windows 8, Tablet Market Very Much Apple's
Microsoft is taking aim of breaking into the post-PC market, where tablets and smartphones dominate, but that market will belong to Apple -- at least for the time being.
Hurricane Maria nears Newfoundland, oil unaffected
Operations at oil rigs off Canada's Atlantic Coast are unlikely to be hurt by Hurricane Maria, which may tear down trees and cut power in the southeastern tip of Newfoundland later on Friday, officials said.
Toyota: 2012 Prius Plug-in Hybrid to Get 87 MPG in Electric Mode
Toyota: 2012 Prius Plug-in Hybrid to Get 87 MPG in Electric Mode.
The (Big) Problem with RIM
Research in Motion, by all accounts, had a terrible week. But things might get even worse.
The Top 5 (Borrowed) Features of iPhone 5 and iOS 5
While Apple is not letting any secrets out, one only has to look as far as its software -- iOS5 -- to understand how it will function. Better yet, look to some of Apple rivals.
Microsoft Bets on Massive Windows 8 Redesign
Microsoft rolled development versions of its upcoming Windows 8 platform this week, garnering mostly positive response from industry watchers as it vies to prove its relevance in what is slowly becoming a post-PC world.
Apple iPhone 5 Will 'Steamroll' BlackBerry 7
Research in Motion is banking on its new BlackBerry smartphones to help pull it out of a rut, but industry watchers believe the new devices will be no match for Apple's upcoming iPhone 5.
Kweku Adoboli's Rogue Trading Lasted 3 Years, Might Have Accomplice
Kweku Adoboli, the 31-year-old trader charged with fraud over the $2 billion loss at UBS, allegedly began rogue trading back in 2008 - the height of the financial crisis - and may not have acted alone.
Writers Guild election results announced
The Writers Guild of America, East, has elected Jeremy Pikser its vice president, the union announced Friday.
COO praises benefits of Facebook
Facebook is a technology business, but during an interview Friday at the Paley Center, Chief Operating Officer Sheryl Sandberg made it sound like a digital utopia.
Canada steps up fight against U.S. tax evasion law
Canada took its fight against a U.S. tax evasion law to American newspapers on Friday, sending a letter that says the new regulation is wasteful and raises privacy concerns.
Obesity Pill Manufacturers to Take Another Shot at FDA Approval for Contrave, Lorqess, Qnexa
Three companies will ask FDA to approve their obesity pills.
Prescreen launches limited-time indie streaming
Prescreen, a new online movie marketing and distribution platform started by former Groupon executive Shawn Bercuson, launched this week with a focus on online streaming and sharing via social media.
Netflix's Ted Sarandos takes stage as share prices plummet
Ted Sarandos, Netflix's chief content officer, had the unenviable task of fielding questions at the Paley Center for Media conference on Thursday as shares of the company plummeted on news that subscriber growth was shrinking.
Netflix Recent Plan Changes Prove to be Unpopular: Analyst
Netflix Inc. (NASDAQ: NFLX) lowered its third quarter domestic subscribers guidance, while maintaining its financial and international subscribers outlook. Wedbush Securities believes that the lowered expectations by Netflix reflect a degree of customer disinterest.
Natus Buys Sleep Diagnostics co for $16 Mln
Medical device maker Natus Medical Inc said it bought privately-held Embla Systems LLC for about $16.1 million in cash to expand its sleep diagnostics portfolio.
Molycorp, Sumitomo Break Off Financing Deal Talks
Molycorp Inc (MCP.N) said on Friday it has broken off talks with Japan's Sumitomo Corp with regard to a financing deal, as the investment is no longer necessary for the implementation of its business plan.
Drop in 2010 Solar Costs May Accelerate: Study
The cost to install solar power in the United States fell by 17 percent in 2010 and is on pace to drop even faster this year, according to a new report issued by the Lawrence Berkeley National Laboratory.
UBS Rogue Trader: Did Kweku Adoboli Confess to Crime?
Arrested at his UBS trading desk, rogue trader Kweku Adoboli allegedly told the bank about his unauthorized trading that resulted in a nearly $2 billion loss.
Bank Regulator Fails in Influencing UBS Loss: Richard Bove
UBS said it may report a third-quarter loss after it suffered a $2 billion loss due to unauthorized trading by a trader in its Investment Bank.
Frankfurt Motor Show 2011: Top 10 Hot Wheels (PHOTOS)
The biennially held Frankfurt Motor Show started on Sept.13, 2011 at Frankfurt, Germany presenting a spectacular display of new concept designs, new introductions, production and luxury cars.
Verdict Reached in TCW vs Gundlach :court
The jury has reached a verdict in a courtroom battle between Trust Company of the West and former investment chief Jeffrey Gundlach, concluding a six-week trial that has transfixed the financial industry.
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