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Penney's February sales down

J.C. Penney Co Inc's February sales are down from last year, its chief executive said on Friday, as the retailer tries to get shoppers used to a new pricing strategy that does not include the discounts that hurt margins.
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iCloud for iOS 5

Dropbox heats up cloud battle with photo upload feature

Dropbox unveiled on Thursday a new photo uploading feature for Android smartphones, potentially sharpening its competition with Google, Apple, and a host of other companies battling to rule the burgeoning market for online storage solutions.
iPad

Apple's Chinese legal woes over iPad surface at home

The Asian firm trying to stop Apple Inc from using the iPad name has now launched an attack on the consumer electronics giant's home turf, filing a lawsuit in California that accuses the iPhone-maker of employing deception when it bought the iPad trademark.
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Employees and Leaders Honor Late Micron CEO

Thousands of Micron Technology employees, industry figures and community leaders paid tribute to the chipmaker's late CEO, Steve Appleton, at a memorial in Boise on Thursday.
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Ex-McAfee Execs Start Security Firm, CrowdStrike

Two executives who left security software maker McAfee after Intel Corp bought the company last year have started a firm that is developing technology to help corporations and government agencies track down elusive hackers.

American International Group Posts Huge 4Q Profit on Tax Benefit

Bailed-out insurance giant American International Group Inc. (NYSE:AIG), boosted by a one-time accounting gain, reported fourth-quarter profit of $19.8 billion. Favorable stock market conditions also helped offset large losses stemming from Thailand floods.
Centrica

Centrica, British Gas Parent, Cuts 2,300 Jobs

Centrica, parent company of British Gas, slashed 2,300 jobs in an effort to save £500 million ($784.9 million) on the heels of disappointing profits brought down by a mild winter lowering household energy consumption.
AIG

AIG Posts Large Q4 Profit on Tax Benefit

Bailed-out insurer American International Group reported a profit of $19.8 billion for the fourth quarter, after an accounting determination that it is likely to post future profits let it release the value of some tax benefits.
Plaza Hotel

Plaza Hotel's $33.5 Million, $8.3 Million Condos Sold [PHOTOS]

Manhattan's venerable Plaza Hotel, site of a $48 million sale in 2011, has seen two more big deals to start off 2012. One of the building's penthouses, #PH2009, has been sold, according to StreetEasy. The deal hasn't closed yet, but the last asking price was $33.5 million.
A man checks his mobile phone as he walks past a T-Mobile store in downtown Los Angeles

T-Mobile Announces New LTE Network with Funds from AT&T Breakup Fee

The No. 4 wireless wireless carrier plans to build a new $4 billion Long-Term Evolution (LTE) wireless network .The cost of the project is the same as the breakup fee that AT&T was required to pay T-Mobile parent, Deutsche Telekom, following a failed $39 billion merger deal..
HP Envy 14 Spectre

HP Shares Plummet 7% After Poor Earnings Report, Forecast

Shares of Hewlett-Packard (NYSE: HPQ), the world’s biggest computer company, fell as much as 7 percent Thursday after the company reported first-quarter earnings that beat expectations but issued a mediocre earnings forecast.
The iPhone 5 prototype design from Ciccarese is in no way what Apple is planning for its next-generation iPhone. Ciccarese loves to make concept designs for devices that don't exist yet, such as the iTV, the 8-inch iPad Mini, and even an uber-thin iP

Apple iPhone 5 Release: Ciccarese Unveils Beautiful New Teardrop Design [PHOTOS]

While Apple is not expected to unveil the iPhone 5 anytime soon, but that doesn't mean fans can't dream about what the next-generation iPhone could possibly look like. Fanning the flame that is iPhone hype, the imaginative minds at Ciccarese Design, led by Federico Ciccarese, have released a new mock-up of a teardrop-shaped iPhone 5, which is really quite beautiful.
iPad

Apple iPad Gets Green Light in China

A Shanghai court Thursday rejected a struggling Chinese company's request to bar Apple Inc. from selling its popular iPad computer tablet in China over a trademark dispute.

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