COMPANIES

Microsoft infringed Motorola Mobility's patents in making its popular Xbox gaming consoles, a judge for the International Trade Commission ruled on Monday.

The city commissioners of Sanford, Fla., voted Monday evening to reject the resignation of Police Chief Bill Lee Jr. because of criticism about his department's handling of the Trayvon Martin shooting case.

Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, reported first-quarter net income dipped a worse-than-expected 60 percent but said revenue was better than predicted.

Mexico’s specialty retailer and financial services provider Grupo Elektra SA (BMV: ELEKTRA) announced Monday it has completed the $780-million acquisition of Spartanburg, S.C.-based payday lender Advance America, Cash Advance Centers, Inc. (NYSE: AEA).

Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).

Mergers and acquisitions are proliferating globally as low interest rates, large cash piles and depressed asset prices create opportunities for expanding market share and restructuring.

MetLife Inc. (NYSE:MET), the largest life insurer in the U.S., will pay $500 million to settle a multi-state investigation after regulators reviewed whether companies were holding funds that should go to beneficiaries, according to media reports.

It's a big day for Adobe fans. The company has finally unveiled Adobe CS6, the sixth version of the company's creative suite of software tools, as well as its new Creative Cloud, which allows users to use the products through a new subscription service. Here we break down of all the new features.

Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, fell again Monday, a day before reporting second-quarter financial results that are expected to be sharply higher than a year ago.

India's richest man is using nearly all of his company's spare cash to expand the firm's petrochemical capacity, placing a solid bet that the growing consumer class in that country will continue to drive growth in the sector well into the future.

General Motors Co. will open 600 Chinese dealerships this year, chairman and CEO Dan Akerson said Monday.

Shares of Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, fell 1 percent in Monday trading, ahead of the first-quarter results announcement scheduled after the close.

Banco Santander SA, Spain's biggest bank and the euro zone's largest bank by market value, is preparing to sell part of its rapidly-expanding Mexican operations via an initial public offering, the Wall Street Journal reported Monday.

U.S. medical device reviewers said HeartWare International Inc's blood pump seemed to help people with severe heart failure but raised concerns about device-associated clotting rates and stroke.

Swiss food group Nestle is to buy drugmaker Pfizer's baby food business for $11.85 billion, beating out French rival Danone in the battle for dominance of fast-growing emerging markets.

At the MWC 2012, Nokia managed to steal the show with their PureView 808 and its behemoth 41 megapixel camera. For those who want to get their hands on the powerful camera-phone, it should be arriving in Britain sometime in mid-May for upwards of £500.

Alfa Romeo will once more grace the streets of the U.S. with its fashionable wheels and seductive curves decking out the new 4C by the end of 2013, and the 4C trademark was issued on April 10, according to a new release posted by the U.S. Federal News Service.

AstraZeneca has agreed to buy U.S. company Ardea Biosciences for $1.26 billion, giving it a new gout drug to bolster its weak pipeline in a deal that feeds a wave of M&A in the biotechnology sector.

Samsung's first teaser about the Galaxy S3 reveals nothing. The Destination: tgeltaayehxnx. is a website containing a countdown clock that has two teasers showing technology that fits easily in your hand. Meanwhile, Amazon Germany has revealed Galaxy S3 features that include 4.7in Super AMOLED touchscreen, Android 4.0 Ice Cream Sandwich (ICS), a 12MP rear camera with autofocus, LED flash and face detection and 16GB of internal storage expandable to 32GB and a $786 price tag.

Recently Sprint has introduced for its subscribers Google's flagship Android ICS phone, the Samsung Galaxy Nexus at a price for around $199.99 with a 2-year contract.

In the meantime, New-York based Wall street Journal (WSJ) put out a list that includes ten of the fastest super cars in the world for 2012, along with each car's specifications. Click on the slideshow above to view the list.

Samsung, the Korean electronics giant, is launching iCloud competitor, S-Cloud (or sCloud), at next month's Galaxy S3 announcement in London on May 3rd. S-Cloud would offer more than 5GB storage capacity like another cloud storage provider, Google Drive. Will it be better than Apple's iCloud service?

Samsung may unveil its third generation Galaxy S smartphone, the Galaxy S3, on Monday, April 23 at 7 a.m. On Sunday, Samsung Mobile's twitter account made a mysterious announcement at 9:52 a.m.: Destination: tgeltaayehxnx. If you add a .com to the end of that anagram for The Next Galaxy, you visit a Samsung Mobile website a beautiful-looking countdown clock.

It looks like Apple is going much thinner and lighter in its next smartphone, presumably called the iPhone 5. Sources from within Apple's foreign supply chains reportedly told Digitimes that the iPhone 5, expected to launch between the second and third quarter of 2012, will adopt in-cell touch panels manufactured by Sharp and Toshiba Mobile Display.

The idea of a luxury SUV might have seemed something of fiction just a few short years ago; but the fantastical might just become reality. Lamborghini unveiled its luxury SUV, the Urus, at the Beijing Auto Show, and other luxury SUVs might not be too far behind.

Asus has started shipping its Transformer Pad 300 tablet. The 10.1-inch Pad 300, aka TF300 tablet comes with a price tag of $379 and sports some high-end features like Android 4.0 Ice Cream Sandwich operating system and a power-packed quad-core processor.

In less than two weeks Samsung Galaxy S3, the successor of Galaxy S2 will be unveiled in London on the Olympic ground. However, at the same time, in the May 3 event, where the tech enthusiasts who are eagerly waiting for the next gen phone, they will also witness the launch of Samsung's latest service S-Cloud with the new device.

Apple's fabled iPhone 5 is creating a host of fuss and hype on the Internet of late. according to the latest rumors, iPhone 5 will feature unibody design, liquidmetal casing, in-cell display panel, 16:9 aspect ratio, all screen display and will release in October.

Another 'leaked' image of Samsung Galaxy S3 hits the Internet. Rumored features of the 4.6-inch phone will include quad-core processor running at 1.4GHz, 1GB RAM, a Mali-400MP GPU, Ice Cream Sandwich OS and a screen with 320ppi pixel density and 720p resolution. The Korean company may also introduce S-Cloud service and Galaxy tab 2 (10.1)