COMPANIES

Apple has successfully managed to make each new iPhone thinner, lighter, faster and more powerful, and it looks like the iPhone 5 will be no exception. On Thursday, Sonny Dickson released a set of new photos that show an A6 processor chip sitting in the phone's logic board. A quad-core A6 would boost the speed of the phone's features, as well as help power the phone when multi-tasking applications or playing games or video.

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer company, set a new 52-week low of $16.77 on Thursday, after posting a record third-quarter loss last week and reducing earnings estimates for the current quarter.

Patent resolution talks have been conducted by Apple (Nasdaq: AAPL) CEO Tim Cook and Google (Nasdaq: CEO) Larry Page and may continue, Reuters reported.

France's largest banks, Societe Generale SA (EPA: GLE) and Credit Agricole SA (EPA: ACA), are stepping up moves to unload their Greek subsidiaries and sever their unhappy ties to the crisis-hit country.

Perhaps it's no coincidence that a week before Amazon is set to make a big announcement it has sold out of the popular Kindle Fire. Is this is prequel to the sequel?

Electronic Arts Inc. said in a statement Thursday that "Madden NFL 13," the latest iteration of its iconic football video game franchise, sold about 900,000 in its first 24 hours on retail shelves. Citing "internal estimates," EA said the sale was a 7 percent increase from last year's launch, making it the highest-performing launch title for the franchise for the console generation.

A new report released by the business consulting giant McKinsey Global Institute, showed that social-media tools stand to add $900 billion to $1.3 trillion to the economy, largely through increased productivity among skilled workers.

After initially criticizing Nasdaq OMX Group for its response to Facebook's botched initial public offering, trading firm Knight Capital Group Inc said it accepted the exchange's latest plan to pay back brokers a portion of their losses.

Flooded roads in the aftermath of Hurricane Isaac may pose a danger to drivers, but there are certain precautions they can take to ensure their safety in wet-weather driving conditions.

Most of the country's largest merchandisers on Thursday reported solid same-store sales this month.

American Airlines' bankrupt parent AMR Corporation (PINK:AAMRQ), which is arguing in federal court it needs hundreds of millions of dollars in contract concessions from its employees in order to survive as a going concern, is planning to spend hundreds of thousands of dollars to entice a small group of hedge funds to invest in the company.

Dustin Moskovitz, the Facebook (Nasdaq: FB) co-founder, sold 450,000 more shares this week to raise about $8.9 million, a week after he sold his first tranche of 450,000 shares when the lock-up period for insiders expired.

Following the Congressional Budget Office's (CBO) predictions of the imminent "fiscal cliff" that will send the U.S. economy into a recession after January 1, 2013, analysts are struggling to identity the true extent of the oncoming threat. While the CBO estimates that unemployment will increase to about 9 percent in the fallout from proposed "fiscal tightening" measures, Capital Economics suggested in a U.S. Employment Report published today that the effect on hiring may be more ...

Americans have no idea what cloud computing is, with many believing it relates to the weather, or even pillows, drugs and toilet paper, a new survey commissioned by enterprise software developer Citrix Systems Inc. (Nasdaq: CTXS) found.

Patent expert Alexander Poltorak, CEO and chairman of General Patent Corporation, advocates multi-tier patent system, specialized patent courts and arbitration forums as the key facilitators for the speedy resolution of increasing number of patent disputes and dubs patents as the new currency in Knowledge-Based Economy.

Can Richard Schulze, the 71-year-old founding CEO of Best Buy Co. (NYSE: BBY) put his money where his mouth is? Can he fork up billions from private eqiuity behemoths like KKR (NYSE: KKR)?

Japanese toilet company Toto Ltd. (Tokyo: 5332) debuted a poop-powered motorcycle, the Toilet Bike Neo, this week and toured it around the country.

Two weeks from the alleged unveiling of the iPhone 5, many Apple fans are concerned about the compatibility of the device with current accessories given the multitude of reports saying it will feature a brand-new, smaller dock connector.

Kim Kardashian has settled a $20 million lawsuit against the clothing retailer Gap Inc. (NYSE: GPS) over an Old Navy

Samsung Electronics (Seoul: 005930) may have lost a $1.05 billion judgment to Apple (Nasdaq: AAPL), the world's most valuable technology company, but it’s won a temporary reprieve from the judge on product bans and other retaliatory measures.

Three weeks after Zynga launched its latest sim-style game "ChefVille" on Facebook -- the social media platform that Zynga itself blamed for most of its current financial woes -- the game developer is slowly crawling its way back to the top of the social gaming food chain, new data shows.

Shares of Yelp Inc. (Nasdaq: YELP), the provider of online reviews of local businesses and restaurants, surged more than 25 percent Wednesday as the lock-up period for insiders expired, allowing them to sell stock in the San Francisco-based company for the first time since its march 1 initial public offering.

A decision by Chile's top court to temporarily block a massive, coal-fired power generation venture pleased environmentalists but the project's backers, who saw their share price fall, insisted the delay was unnecessary.

General Motors Company (NYSE: GM) holding the European debuts of three vehicles at the Moscow International Motor Show on Wednesday, and a key member of the company's Russian management confirmed a $1 billion investment.

The couple were married three months ago. They have not been identified and have not spoken to the media.

A new report on Tuesday said Apple is planning to upgrade its wireless music streaming technology known as AirPlay in the coming month. Word is the announcement will come when the company debuts the new iPhone. The new technology, using the working title "AirPlay Direct," is said to eliminate the need for a Wi-Fi network, which means that iOS devices like iPhones, iPads, and iPod Touchs may be able to beam music directly to a speaker system.

Mike Verdu, chief creative officer of Zynga Inc. (Nasdaq: ZNGA) quit the San Francisco-based electronic gaming website , becoming the fifth top official to depart in August.

Legendary private equity investor Kohlberg Kravis Roberts (NYSE: KKR) may seek to acquire control of Japan’s Renesas Electronics (Tokyo: 6723) for a 100 million yen (US $1.27 billion) investment, which would be its largest in Japan, financial news agencies reported.

As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.