COMPANIES

Chrysler Group July Car Sales Surge

Chrysler Monicatti Motors auto dealership is seen in Sterling Heights, Michigan
Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported its best July U.S. car sales since before the recession Wednesday.
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Yahoo

Ross Levinsohn Leaves Yahoo: A Triumph of Tech Over Media?

Ross Levinsohn, the former interim CEO of Yahoo! Inc. (Nasdaq: YHOO) has left the company after it hired Marissa Mayer from Google Inc. (Nasdaq: GOOG) as its new chief executive, All Things D reported, suggesting the Silicon Valley giant's focus on its technology division over its media properties.
High Resolution 3D Renderings of Next iPhone Based on Leaked Parts Make Rumors Alive

Apple iPhone 5 Features: Why Future iOS Devices Need The 19-Pin Dock Connector

The dock connector may be the only iPhone 5 feature that we know, for sure, will be different in the next-gen model, allegedly "set for release" between September or October. Almost every major news outlet has reported Apple will slim down its traditional 30-pin dock connector -- the outlet for connecting the iPhone to other accessories, power sources, devices and utilities -- to just 19 pins in its next-gen iPhone, which Apple fans have ceremoniously dubbed "the iPhone 5."
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Chicago Bridge & Iron To Acquire The Shaw Group For $3B

Energy infrastructure company Chicago Bridge & Iron Company NV (NYSE: CBI) will buy The Shaw Group Inc. (NYSE: SHAW), a Baton Rouge, La.-based engineering and construction firm, for about $3 billion in cash and stock, the companies said Monday.
Apple: What Happened To Secrecy? iPhone, iPad Rumors At All-Time High

Apple Rumored To Consider Investing Hundred Of Millions In Twitter To Help It Compete With Google, Facebook And Microsoft

After considering formation of a strategic relationship for over a year now, Apple and Twitter are reportedly back in talks about Apple investing in the short-messaging service, Twitter, to gain a toehold in the social-media world. According to the New York Times, Apple is reportedly considering an investment of hundreds of millions of dollars in Twitter, which would raise Twitter's value to $10 billion -- more than $1.5 billion more than its valuation last year.
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Mac OS X Mountain Lion Release: More Bugs, Issues Reported In First Week Among Apple Users

It's been almost a week since Apple released OS X Mountain Lion, the next-gen operating system for the Mac, and we asked readers to submit any bugs, issues, errors or incompatibilities they've discovered on the platform. Our readers have come through in somewhat alarming numbers. We've sifted through reader submissions and emails to deliver the most common issues reported among Apple users using OS X Mountain Lion on their Macs. At the very end of this story, we have some information ab...
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Oracle Buying Xsigo Systems, Price Not Disclosed

Oracle Corporation (Nasdaq: ORCL) said Monday it will buy Xsigo Systems, a network virtualization technology company, to expand its presence in the cloud computing business. The value of the deal was not disclosed.
Neil Edwin Prescott

Neil Edwin Prescott Arrested By Maryland Police, Authorities Detain Man Who Said 'I Am The Real Joker,' Guns Recovered In Apartment [PHOTO]

Prince George's County police have arrested Neil Edwin Prescott after he allegedly made threats and referred to himself as the Joker this week. According to police, they arrested Prescott and recovered numerous guns from a home Thursday night. Julie Parker, a spokeswoman for the Prince George's County police, told NBC News Friday that authorities had "thwarted a terrorist threat."

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