BUSINESS

Apple

Samsung Becomes Top Smartphone Maker By Copying Our Products: Apple

Apple has criticized Samsung's recent success as the world's number one smartphone maker by saying that the South Korean tech giant got to the top spot by copying the Cupertino-based company's products. This comes at a time when both Apple and Samsung have agreed to drop roughly half the number of charges against each other, ahead of a court-moderated settlement talk in San Francisco to ensure that a trial can be heard as early as this summer.
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McDonald's April U.S. sales miss estimates

Neither premium chicken sandwiches nor Angus burgers could tempt U.S. consumers to spend more on higher-priced items at McDonald's, as a tepid U.S. economic recovery kept restaurant spending in check.
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US Stock Market

Euro Zone Uncertainties Sink In: Daily Markets Wrap

Post-election uncertainty in Greece pushed investors away from stocks and commodities, lowering German and U.S. bond yields and eroding the euro's value as investors sought the dollar. France's benchmark CAC 40 Index erased its Monday gains, which had confounded investors. The reality sank in a day late as euro zone uncertainties that popped up over the weekend took root. Greek stocks have lost 10 percent of their value so far this week.
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Zombie Chinchilla? Man Digs Up Girlfriend's Dead Pet, Sends Her Pictures

An identified 19-year-old female received a shock when her boyfriend, 20-year-old Raymond Williamson, sent her a picture of her dead chinchilla that had died three weeks before. No, the chinchilla is not a zombie pet that rose from the grave. Williamson had dug up his girlfriend's pet after getting into a fight.
Sinaloa Drug Cartel Leadership Structure, network chart.

US Freezes Assets Of Sinaloa Drug Cartel Kingpin's Sons

The U.S. Department of the Treasury froze the assets of four key operatives of the feared Mexican Sinaloa drug cartel, including two sons of drug kingpin Joaquin Chapo Guzman Loera, in the fifth such designation directed against the Sinaloa Cartel's leadership.
6. John Chambers: Cisco

Cisco Systems 3Q Earnings Preview: Going Up

A corporate diet, better focus and the explosion of ?Big Data? is expected to send earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.
Univision panel

ABC, Univision to Start Joint Venture Cable News Network

ABC News and Spanish-language broadcaster Univision have announced they will be launching an English-language 24/7 news network later in the year that will be focused on the growing number of Hispanic media consumers in the United States.
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Dunkin Donuts Opens First Location In Drive To Enter India

Following on its previous, highly-sucessful roll-out of the Dominos Pizza brand in that country, India's Jubilant FoodWorks has opened a Dunkin' Donuts in New Delhi, the first store in what the company expects to be a hundred-location chain within five years. The operation is a joint venture between that company and Dunkin' Brands International in the United States.
A general view of eBay headquarters in San Jose

Ebay to Open Bangalore, India Software Development Center

EBay Incorporated (NASDAQ: EBAY) will open a new software development center in Bangalore, India which will employ as many as 1,000 engineers to support its eBay Marketplaces and PayPal products, the company announced Tuesday.
U.S. Secretary of State Clinton gestures as India's Foreign Minister Krishna watches during photo opportunity ahead of their meeting in New Delhi

India Explains To US Why It Needs Iran

India Tuesday conveyed to the US that it has to look at the Western sanctions on Iran beyond the issue of energy, as it has critical stakes in the region.
Smartphone Evolution: From IBM Simon To Samsung Galaxy S3

Smartphone Evolution: From IBM Simon To Samsung Galaxy S3

We are living in a world where a smartphone is not just a mobile device used for making calls and sending text messages, rather it's a full-fledged touch-based computer (can come with QWERTY keypad also) that embeds features like operating system, Internet access, third-party apps and user interface and it acts like your small entertainment box, your reminder of important tasks, your calendar and so many more.
America Movil

America Movil Offers $4.2B For KPN Stake

America Movil the telecom group controlled by Mexican tycoon Carlos Slim, has offered to buy a stake worth up to 3.2 billion euros ($4.2 billion) in Netherlands-based KPN NV, seeing it as a base for potential expansion in Europe.
Euro Zone

German Industrial Output Surges In March

Industrial output in Germany shot up far more than expected in March, following February's weather-related weakness, renewing hopes that Europe's biggest economy may have avoided recession.
Gold and silver bars

Gold Prices Fall On Weaker Euro

Gold fell for a second day on Tuesday, under pressure from the slide in the euro on the back of political uncertainty in Greece and a change of president in France, while Chinese import figures did little to offset the impact of the weaker currency.

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