COMPANIES

At CES 2012, Corning will introduce the next-generation of its damage-resistant specialty glass for TVs, PCs, smartphones and tablets called Gorilla Glass 2. The new glass is said to be thinner than Gorilla Glass but maintain its predecessor's ultra-strength.

Shares of venerable glassmaker Corning rose after the company said it plans to introduce Gorilla Glass 2, a new generation of highly durable glass, at next week’s Consumer Electronics Show.

Apple's foreign supply chain says the company will release the iPad 3 with a full HD display in March, and a completely renovated iPad 4 in October. The new iPads will make Apple's older iPad offerings cheaper and more accessible.

The new head of Europe's drugs watchdog said on Friday there was an acute need to tighten regulations on medical devices, adding to pressure for radical change in the wake of a global scandal over French-made breast implants.

Since Apple Inc. launched its highly anticipated tablet iPad on April 3, 2010, users of the world's most popular tablet have downloaded a total of three billion apps, or nearly one-fifth of all apps downloaded from the Apple App Store, according to Allied Business Intelligence Research.

The company is also promising to show off a waterproof tablet that sports a bright OLED display, plus a 55-inch QFHD television with glasses-free 3D at the trade show that's scheduled in Las Vegas.

Samsung Electronics Co. suffered a major setback in its attempt to get a sales ban on Apple's iPhone 4S in Italy. A Milan court on Wednesday rejected Samsung's bid to block Apple's latest smartphone sales in Italy, according to a Bloomberg report.

Some of the planet's top automakers are showcasing their latest concepts and models at the 2012 India Auto Expo in New Delhi, as they seek to boost sales in one of the biggest markets in the world, despite the recent slowdown in turnover.

LG Electronics has announced its coalition with Google to launch its own Google TV. LG is the latest entry to Google's ambitious internet TV alliance, which also includes Samsung, Sony and Vizio.

Samsung Electronics (005930.KS), the world's top maker of memory chips and smartphones, reported a record quarterly profit on Friday, aided by one-off gains and best-ever sales of high-end phones.

BMW AG has sealed its position as the most successful luxury brand in the U.S. in 2011 by outselling Daimler AG's Mercedes-Benz last month.

Apple's voice recognition software Siri has prompted users of the iPhone 4S to use almost twice as much data compared with iPhone 4 according to a report published by network management software vendor Arieso.

The ousted British CEO of Olympus Corp abandoned his three-month battle to replace the management of the scandal-tainted maker of medical devices, blaming big Japanese shareholders for not backing his campaign to take back the helm.

Grooveshark has been sued by the large record company EMI Group Ltd, which accused the popular digital music service of paying no royalties since entering a licensing agreement to stream music nearly three years ago.

A New York federal judge on Thursday damped hopes that he would throw out government wire tap evidence in the insider trading trial of Rajat Gupta, a former board member of Goldman Sachs and Procter & Gamble .

Samsung Electronics, the world's top maker of memory chips and smartphones, estimated on Friday its October-December operating profit would jump 73 percent from a year ago to a lifetime high, aided by record-breaking sales of smartphones.

The ousted CEO of Olympus Corp, Michael Woodford, said on Friday he is calling a halt to his three-month battle to replace the management of the scandal-tainted Japanese endoscope maker and to return to lead the battered company.

The results indicate that more routine purchases were made online this holiday season.

Apple is threatening to sue Chinese company In Icon over its 12-inch lifelike Steve Jobs action figure. The head of the Chinese toy company said he will not stop, as the dolls have already begun production.

More than half of the company's announced cut backs are taking place in the United States. Company officials intend to permanently close its smelting operations in Alcoa, Tenn., as well as two of six idled potlines in Rockdale, Texas.

PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.

Before next week, Craftsman's largest unveiling of a new tractor wasn't very large in scope at all. It certainly wasn't a tractor show with more than 40 introductions. It certainly wasn't an auto show of the same magnitude. It wasn't even open to the public.

The increasingly ugly divorce between White House party crashers Michaele and Tareq Salahi continues to grab headlines, despite audience fatigue with the publicity-seeking reality TV personalities.

Gold mining stocks fluctuated around the unchanged mark during regular-session trading on Thursday, as miners tracked the price of physical gold, which saw some choppy trading itself.

Bank of America Corp shares surged more than 7 percent on Thursday, outpacing other U.S. banks on a day of positive job news.

Stocks rose on Thursday led by bank shares as investors bet a stronger economy will help boost balance sheets of U.S. based lenders.

Online game developer Zynga Inc is releasing a new mobile word game called Scramble with Friends on Thursday to expand its user base beyond Facebook and catch up with rivals in the handheld market.

Essentially meaning greater force, the Dutch oil company is attempting to insulate itself from possible liabilities following a pipeline leak, the second in more than three weeks in the country, by declaring it beyond the company's control.

The former CEO of Japan's Olympus Corp is dropping his bid to retake control of the troubled company because of lack of support from Japanese institutional investors, according to a Wall Street Journal report.