COMPANIES

Computer services firm Mahindra Satyam said it had filed a lawsuit against past directors, some ex-employees and former auditor Pricewaterhouse, seeking damages after the company was hit by a fraud in 2009 that became the country's biggest corporate scandal.

Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.

International Business Machines Corp. (NYSE:IBM) may report lower backlogs for its fourth quarter, hurt by challenging business conditions at its software and systems units.

The Elantra beat out other finalists the Ford Focus and Volkswagen Passat to win the honor. The Land Rover Evoque won the truck of the year award. The car and truck of the year awards, in a 19th year, are chosen by 50 automotive journalists. To be eligible, a vehicle must be all new or substantially changed. Finalists for the truck of the year award included the BMW X3, Honda CR-V and the Land Rover Range Rover Evoque.

Microsoft may soon integrate Xbox Live Gaming with iOS and Android.

Norwegian oil firm Statoil has made a second big oil discovery in the Barents Sea in less than a year and predicted more discoveries to come in the region, further boosting the remote Arctic region's oil prospects.

The Elantra beat out competing finalists Volkswagen Passat and the Ford Focus to claim the honor at the open of the 2012 North American International Auto Show at Cobo Center. Media days for the Detroit auto show began Monday morning, before it opens to the public on Jan. 14.

The Miami Marlins' new pitcher Mark Buehrle would rather stick by his pit bull pooch than abide by Miami-Dade County laws.

Windows 8 was first mentioned at the CES 2011 in January last. Microsoft then announced that Windows 8 would be adding support for ARM microprocessors in addition to the x86 microprocessors from Intel and AMD.

Chip maker Advanced Micro Devices, Inc. (NYSE:AMD) could guide its first quarter revenues to decline 4 percent to 8 percent sequentially when it reports its fourth-quarter results on Jan.19, according to a Wall Street analyst.

Shares of Qualcomm Inc. (NASDAQ: QCOM) could surpass $60 in the first half of 2012, helped by 3G growth and strong smartphone adoption.

Shares in UniCredit fell again on Monday and trading in the rights to buy into the bank's closely watched cash call were suspended, fuelling concerns that other lenders may be deterred from using rights issues to plug capital shortfalls.

Wedbush Securities expects Apple Inc. to launch the iPad 3 in the fiscal second quarter but other rumors suggest the next-generation of iPad is coming sometime in the next two months.

Check out the complete guide on how to unlock the achievements in the Achievement List...

Here are the some of the key trends to watch as the electronics industry moves into 2012: morphing, personalization and interfaces, said Sean Dubravac, chief economist for the Consumer Electronics Association.

American automotive manufacturer General Motors (GM) has thrown down the gauntlet to reigning luxury brands in the market like German companies BMW and Mercedes Benz, by unveiling its compact Cadillac ATS sports sedan.

Acer Inc. has set the scene for tough competition at the upcoming Consumer Electronics Show in Las Vegas, by unveiling Sunday its newest model of Windows-based Ultrabook, the Aspire S5, which Acer claims is the world's thinnest Ultrabook.

Non-profit company One Laptop Per Child will debut its XO 3.0 tablet at the International Consumer Electronics Show (CES) 2012 in Las Vegas. The tablet, which will cost $99, is designed for children in developing countries around the world. Steve Jobs would be proud.

The iPad 3 release date speculation has started to build, with most sources hinted towards a March release.

Alcoa Inc. shares could rise by as much as 30 percent in 2012 as weak aluminum prices may have bottomed while demand for the metal remains strong, financial weekly Barron's reported on Sunday.

U.S. authorities have given Swiss banks suspected of selling tax-evasion services to wealthy Americans a Jan 23. deadline to hand over the names of client advisers, a Swiss newspaper reported on Sunday.

The $190 billion U.S. consumer electronics industry is about to began its annual winter extravaganza in Las Vegas where the latest toys, gadgets, smartphones, video games, TVs, cameras and laptops will be unveiled – some not to be available until late in 2012.The real story may be in improving people's lives.

It's about sustainability of profits, and sustainability through efficient products that contribute to both the broader environment and consumer benefit that will be at the heart of every automaker's presentations. America's Big Three, in particular, have revealed they are still among the biggest and best global forces to be reckoned with through profitability and strong, advanced product in the past year or two.

The Nissan Motor Co. and Daimler AG said on Sunday they would produce Mercedes-Benz gasoline engines at Nissan's Tennessee factory for fitting on Mercedes and Infiniti models, beginning in 2014.

3-D goggles are not new, but Sensics, a leader in 3-D technology, is now all set to introduce 3-D goggles at Consumer Electronics Show 2012 (CES 2012), which not only look uncannily similar to the helmets worn by the stormtroopers in Star Wars, but also promise to be light years beyond previous goggles.

Tobii Technology, a pioneer pioneer and the world leader in eye tracking and eye control technology, is all set to show off its recent innovation at the Consumer Electronics Show 2012 (better known as CES 2012), which is set to kick off on Jan. 10 in Las Vegas - its gaze interface for Microsoft Windows 8 Metro, which allows users to interact with their computers using eye tracking technology.

Venezuela's oil minister said on Saturday he does not expect a ruling in World Bank arbitration with the Exxon Mobil Corp. this year, after another tribunal awarded the U.S.-based company $908 million last week.

The Xbox 720 may feature at the E3 2012.

An unconventional dress which an eighteen-year-old girl is seen to be wearing in a portrait and the rejection of the photo from Durango High School's yearbook have drawn a nation-wide debate.