COMPANIES

New iPad Release: Apple Sells 3 Million Units in 3 Days Since Launch

Apple Flags 3-M New iPads Sold So Far, Reveals Planned Dividends, Share Buybacks
In three short days, Apple has sold off more three million copies of its third-generation iPad, simply called the new iPad, the company said in a statement released Monday. The new iPad features a stunning new Retina Display, which is the best screen to ever grace a tablet, the speeds of 4G LTE connectivity, an improved 5-megapixel iSight rear camera, and a bigger battery to power 10 hours of life.
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A 2012  Nissan GT-R drives.

How Not to Crash Your Nissan GT-R [VIDEO]

There's not a whole lot to say here besides to remark on how lucky this driver at Lonestar Motorsports Park was to not total his $89,950 MSRP Nissa GT-R. Hopefully the fortunate individual will study what went wrong with the launch and be a bit more careful in the future.
Ford Fusion

Fusion Feng Shui: Ford's Marketing Misfire

The auto maker hopes to capitalize on a shallow interpretation of the ancient tradition to sell cars, regardless of whether it makes sense to practitioners or if there's really demand.
Oracle

Oracle 3Q Results: Is Another Miss In Store?

Oracle (Nasdaq: ORCL), the No. 3 software developer and No. 1 in databases, is scheduled to report third-quarter results Tuesday. Last quarter, it missed estimates and the shares plunged 15 percent, shaving as much as $5.3 billion from the net worth of CEO Larry Ellison.
Max Payne 3

Max Payne 3 Multiplayer: What We Know So Far

Max Payne 3 is expected to be one of the biggest games of 2012. The game's new multiplayer mode, with two unique multiplayer modes, Payne Killer and Gang Wars, likewise, holds much promise for the gamers.
Apple's New iPad "3" Overheating Issues

New iPad Review: 3 Features Apple Needs To Improve

I've said it before: The new iPad is an incredible device. It's gorgeous, it's agile, it works on speedy 4G LTE networks, and it has all of the applications for news, games, music, movies, entertainment and productivity that you could possibly want. Yet, when you give the device an honest shake, you realize that there are still a few problems to it.
Software merger and acquisition activity increases

Misys Accepts $2B Bid, But Some Investors Hope For More

Directors of the U.K. banking-software company accepted a £1.27 billion ($2 billion) cash bid from San Francisco private-equity firm Vista Equity Partners that represents a 6 percent premium to Misys's closing price Friday.
Apple Announces Dividend Scheme

Apple Announces Dividend, Share Buyback Plans

As the world's largest company with a market cap of more than half a billion dollars, Apple Inc. [AAPL] is sitting on a large pile of cash upwards of $100 billion and decided Monday to institute a $2.65 a share quarterly dividend and buy back $10 billion in stock, the tech behemoth announced today.
Indian Flag Flies

India Car Prices To Rise With New Excise Tax

Major car manufacturers will raise prices across the board in India following a budget announcement by Finance Minister Pranab Mukherjee on Friday, Indian newspaper The Hindu reported.
IBTimes Logo

Street Fighter X Tekken Will Cost Players $100 to Unlock

Capcom have confirmed that a host of unlockable content has been included with Street Fighter X Tekken retail disc for Xbox 360 and PS3, including 12 previously unknown characters, and that players have to pay an additional fee to unlock and access them.
Apple logo

Apple's Cash Disposition To Be Discussed On Call Monday

Apple Inc. -- the world's most valuable publicly traded company by its market capitalization of $545.97 billion -- will conduct a conference call to announce the outcome of discussions concerning its cash balance on Monday at 9 a.m. EDT, which is before the U.S. equity-market open.
Sprint CEO Dan Hesse

Sprint Backs Out of Network Deal with LightSquared, Returns $65 Million

Wireless carrier Sprint has called off its spectrum-hosting deal with would-be LTE operator LightSquared, following unresolved issues the latter had with the FCC. The satellite portion of LightSquared’s operations has been nearly wiped out by government regulators, because it interfered with GPS signals. As part of the termination process, Sprint is returning $65 million it received as prepayments, to LightSquared.
Google Apps to Stop Supporting Old Browsers in August

Google Apps VP Quits Job To Head UpStart

Dave Girouard, Vice President of Product Management (Google Apps), has resigned from his post. He is leaving Google behind to start his own company name UpStart.
Activision Publishing CEO Eric Hirshberg speaks during the premiere of the video game "Call of Duty: Modern Warfare 3" in Los Angeles

Activision Blizzard: Dutifully Answering Call For Better Margins, Growth

Pity Activision Blizzard Inc. (NASDAQ: ATVI) at your own peril. The world's fastest growing video game maker suffers from the sort of unenviable problems most companies pray for. Its 37 percent growth rate over the last three years, with 2011 revenue topping $4.8 billion, earned it No. 185 on IBT 1000, a proprietary list created by the International Business Times of the top 1,000 fastest growing companies in the world.
Convicted Nazi death camp guard John Demjanjuk leaves a courtroom after his verdict in Munich

Convicted Nazi Dead At 91: Who Was John Demjanjuk?

John Demjanjuk, a former Ford autoworker and convicted Nazi, died Saturday in the Bavarian town of Bad Feilnbach at the age of 91. Demjanjuk, who was a guard at the Sobibor Nazi death camp in Poland during World War II, was sentenced to five years in jail in 2011.

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