LAWSUIT

While the media is awash with rumors regarding the next iPhone, Apple is silently working in the background to piece together its next version of iPad 2, the iPad 3.

A U.S. citizen who has been stuck in Kuwait for months after embassy officials confiscated his passport is asking Secretary of State Hillary Clinton to intervene, The AP reported.

Poker star Phil Ivey is skipping the World Series of Poker (WSOP). That's like Michael Jordan skipping the NBA playoffs, Tiger Woods skipping the PGA TOUR, and Roger Federer skipping the French Open.

A New York judge dismissed part of a lawsuit brought by bond insurer MBIA against Credit Suisse , and rejected MBIA's request for punitive damages in the case.

The Supreme Court is considering the fate of litigation against cellphone makers over safety risks, just as the industry comes under more scrutiny in the wake of a health report from the World Health Organization.

The Supreme Court is considering the fate of litigation against cell phone makers over safety risks, just as the industry comes under more scrutiny in the wake of a health report from the World Health Organization.

The adoption of AMOLED into the iPad 3 is now unlikely, as the display provider and the tablet producer have turned their once friendly relationship to heated pending court cases.

Even as the Japanese electronic giant promises the long-waited return of PlayStation Network (PSN) by June 5, Sony's nightmare does not seem to end. A group of hackers have just warned an imminent attack on Sony.

Samsung and Apple continue squabbling over legal issues.

Samsung, which has been accused by Apple of stealing its technology and design has turned the table on its accuser, which is famous for its corporate secrecy, by demanding to see pre-production prototypes of next generation iPhone and iPad so that it can evaluate whether its Galaxy range of devices are confusingly similar to Apple devices.

The Google Inc., and Facebook were unsuccessful to win dismissal of a lawsuit by a New York company over a software that was designed to allow people access social networks through their mobile devices.

Apple sued a NYC high school student, who sold unauthorized white iPhone conversion kits online in 2010.

Responding to the lawsuit filed by PayPal, Google says that people have the right to seek better jobs, though they respect trade secrets.

Google took the wraps off of Google Wallet, its new mobile payment system, making the announcement on Thursday from the company's New York office. Mobile payment systems have drawn the interest of banks and retailers, and the industry is hoping consumers will adopt the systems as well.

Google Wallet is set to face tough time as PayPal has filed a lawsuit for stealing trade secrets, barely hours after Google officially launched Google Wallet and Google Offers services.

A New York judge rejected Morgan Stanley's bid to throw out a lawsuit accusing the bank of fraudulently inducing bond insurer MBIA Inc to insure $223.2 million of risky mortgage debt.

The response from Facebook to the suit filed by Paul Ceglia, claiming a 50 percent stake in the company.

Facebook has answered the suit that claims an upstate New York businessman owns half of the company, calling it a fraud on the court.

Google launched its much awaited NFC-enabled mobile payment platform, Google Wallet, which enables users to make payments at the point-of-sale (POS) by merely waving the phone.

BlackBerry maker Research in Motion said on Friday a lawsuit was filed against the company in New York and that it believes the allegations are without merit.

Billionaire shipping tycoon John Fredriksen said a U.S. lawsuit against his oil trading companies may be a bid to extract revenge for BP's oil spill last year by targeting former BP traders who now work for him.