COMPANIES

It's been about a month and a half since Apple released OS X Mountain Lion into the wild, and even though iOS will be the centerpiece of Wednesday's iPhone 5 event in San Francisco, reports say Apple will also announce release a new update for Mac users on OS X Mountain Lion that day, which will reportedly fix an issue with fast-draining battery life. On Monday, Mac Observer was able to test a series of three Mac laptops running OS X Mountain Lion, and discovered that the 10.8.2 upgrade .....

Apple (Nasdaq: AAPL) is expected to debut the iPhone 5 on Wednesday but there are at least five pitfalls that could endanger the company's huge success in the market. Here they are.

It’s hard being the next big thing -- just ask Myanmar.

A former high-level General Motors Company (NYSE: GM) executive -- widely considered to be the godfather of the company's foray into electric-vehicle production --struck back Tuesday at the assertion the carmaker might be losing nearly $50,000 on each one of the signature Volt plug-in vehicles the firm has sold so far.

We're just one day away from the big Apple event in San Francisco, which is expected to introduce a new iPhone and "iPad Mini." For those who want an early peek at what these next-gen devices "allegedly" look like, MacRumors reader Michael Rou managed to get his hands on a few "pre-production" cases of the new iOS device designs, and on Monday, he posted an album of them on Flickr for the world to see. These case designs perfectly mirror the leaked specs and prototypes we......

GoDaddy.com, the popular website that hosts millions of domains for businesses, said it had restored most service Tuesday. On Monday, it was subject to cyberattack by someone claiming to be a member of the Anonymous hacker group.

A new set of tests published Sept.10 showed that MacBook battery life increased significantly with a developer build of OS X Mountain Lion, with the recent beta version enabling an 85-minute increase from current 10.8.1, AppleInsider reported.

In a clearly worded acknowledgement, digital publishing firm BlueToad confirmed that it was the source of Apple UDID leaks reported last week, Reuters reported.

With just a day to go for Apple's Sept.12 event, confirmed reports have emerged that South Korean handset manufacturer Samsung is contemplating legal action against Apple over reported use of Long Term Evolution (LTE) connectivity technology.

Zynga., creator of popular social and mobile games like "FarmVille" and "Words with Friends," is losing its chief marketing and revenue officer, Jeff Karp, the second executive departure in as many days.

Following a slew of announcements about Valve Corporation expanding beyond game development and distribution into general software and hardware possibilities, Steam is officially releasing a beta version of its "Big Picture Mode" today. Showing a sleek and innovative approach to a television-based user interface, the new version of Steam raises questions about the future of PC game development.

Volkswagen AG (PINK: VLKAY) cuts its internal European 2012 annual sales guidance by 150,000 vehicles, according to German news magazine Der Spiegel, Reuters reported.

Proofpoint Inc. (Nasdaq: PFPT), the security software developer that conducted an April IPO, is confident it can beat bigger rivals like Symantec (Nasdaq: SYMC) in the market because it uses the cloud, offers lower cost of ownership and is spending cash to devise new products. So far, none of its accounts has been successfully cyberattacked, said CEO Gary Steele.

As of Monday afternoon, all sites being hosted by Internet domain registrar GoDaddy were down. The company confirmed the issue on Monday afternoon and is working to resolve the problem.

DreamWorks Animation's ambitious 12-movie slate, the largest ever for an animation studio, includes a combination of sequels, spinoffs, adaptations and, yes, even a few original concepts.

General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.

Apple is expected to unveil its next-generation smartphone this Wednesday in San Francisco, but once the new iPhone eventually goes on sale -- sources peg Friday, Sept. 21 as the likely release date - who will be selling the phone? And what different size capacities can customers buy? On Monday, T-Mobile UK added placeholders into its internal and external systems for four new iPhone sizes. According to the website, the iPhone listed only as "iPhone X" will come in black in white colors an...

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell more than 2 percent in early Monday trading after co-founder Dustin Moskovitz disclosed he’s dumped more shares, a week after the Menlo Park, Calif., company tried to erect a firewall by announcing buybacks and other measures. The latest sales came after Moskovitz dumped about a million shares in August.

Toys ''R'' Us is introducing a tablet for children, and the new product will not be available online. The Tabeo, as the new tablet is called, can be pre-ordered over the Internet but it is only available in Toys "R" Us stores.

Apple won't discuss products before they're ready for release, but most major news outlets have reported on Apple's plans to slim down the traditional dock connector across its entire family of iOS devices, which includes iPhones, iPads and iPods, from 30 pins to 9 pins. If by some chance this new iOS dock connector is indeed Thunderbolt-friendly, Apple will have finally, successfully made its Thunderbolt investment worthwhile. Apple iPhone 5 Event Rumors: Will Thunderbolt Have Its Comi...

Coca Cola Drops will be coming out in October to complement Coke's Dasani brand of bottled water.

Bankrupt Eastman Kodak Co. (Pink: EKDKQ), the one-time imaging icon, said it had axed 2,700 employees since filing for bankruptcy in January. About 1,000 more will be gone by the end of the year, it said in a filing with the U.S. Securities and Exchange Commission.

Hewlett-Packard launched four all-in-one PCs Monday running on Windows 8. The new desktop line-up includes HP Envy 23, HP Envy 20, HP SpectreOne and HP Pavilion 20.

With just two days to go for Apple's (AAPL) Sept. 12 event, rumor mills are working overtime as speculations of Apple's much-awaited next generation iPhone sporting fingerprint security feature make the rounds.

Infosys Technologies Monday said that it would buy Swiss technology consulting firm Lodestone Holding AG for 330 million Swiss francs ($350 million) which is expected to help India's second biggest software exporter to improve services to its clients.

The focus of this week's Apple media event will undoubtedly be the next-generation iPhone, but consumers might be talking tablets rather than phones after this Wednesday's product unveiling. Most news outlets and sources close to the company say Apple will also introduce a new "iPad Mini" to its tablet lineup. We don't know the exact features or specs that Apple has packed into the iPad Mini, but we nevertheless have a pretty good idea of what CEO Tim Cook might unveil on stage th...

Chances are there few personalities as creative, disruptive and rich in the technology sector as Jeff Bezos, the founding CEO of Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer. He's put Borders Books out of business and could even put Apple Inc. (Nasdaq: AAPL) in its place.

Amazon's Kindle Fire launched Sept.6, appears to be making news for more wrong reasons than right. After news of the device lacking FCC approval for sale hit anxious customers Friday, the company seems to offer interested parties some respite as it appears to have reversed policy on the forced ads.

Even before Apple (AAPL) could unveil its next-generation iPhone, the Chinese seem to be in a tearing hurry as a company by name GooPhone has released a new phone GooPhone I5 that bears strong resemblances to leaked images of the next-generation iPhone, often referred to as iPhone 5.