COMPANIES

The much-awaited dedicated App Store for Mac, the genesis of which was announced in October and expected to open in 90 days, is due to open on December 13.

China will cease offering tax incentives for small cars from next year, as the government plans to end stimulus measures, said a report on Monday.

Microsoft is upping its ante to corner a share from IBM's mainframe business as it invests an undisclosed amount in French software maker TurboHercules which has hogged limelight for filing an antitrust complaint with EU against IBM.

Apple enlisted famed British Architect Norman Foster, the man behind buildings like 'The Gherkin' in London and the 'Hearst Tower' in New York, to design a new home for Apple in the recently purchased land from HP.

Oleg Nikolaenko, a 23-year old Russian, has pleaded not guilty to federal charges that he is the mastermind behind a notorious botnet, dubbed Mega-D, that controlled a network of infected computers and generated some 10 billion spam e-mails daily, or a third of the world's total.

Ford Motors will complete the installation of rear view cameras on all Ford Lincoln models by the end of 2011 to eliminate the fatal blind zones, the car maker said in a statement.

Ford Motors on Saturday said its China auto sales in November rose 35 percent compared to the sales recorded last year, led by sales in mid-sized car segment, such as Ford Fiesta and Focus model.

Toyota Motors has reduced its internal global production by 200,000 units to 7.8 million vehicles due to weakening demand in US, Asahi Shimbun reported.

Disgraced Rep. Charles Bernard Rangel (D-N.Y.) has been censured by the U.S. House of Representatives for ethics violation but narrowly escaped expulsion.

In an attempt to eliminate the blind zones behind vehicles that can hide the presence of pedestrians, the National Highway Traffic Safety Administration (NHTSA) has proposed a new safety regulation that would essentially require rearview back-up cameras in all new cars, pickups and SUVs by 2014.

Led by strong demand in China, Japan and other Asian countries along with the various national-level initiatives and programs to promote the awareness on electric vehicles will help the Asia-Pacific region to surpass 1.4 million units in next five years, said a new report from Pike Research.

A leader of a violent international street gang, the Mara Salvatrucha (MS-13), has been sentenced to 35 years in federal prison for murdering a fellow gang member in 2004.

A federal jury has found a 33-year-old Connecticut man guilty of conspiracy and firearms offenses stemming from an alleged attempt to sell firearms and grenades to what he believed was a white supremacist group.

International law firm Cleary Gottlieb Steen & Hamilton plans to launch Hong Kong practice and wants Norton Rose's China corporate finance head Freeman Chan to lead the new team.

A U.K. biotechnology company called Oxitec has tested genetically engineering mosquitoes to pass on a suicide gene that kills them before they mature, to control the spread of dengue, a sometimes fatal disease.

Global law firm Clifford Chance plans to foray into the dynamic Turkish market and expand across South Eastern Europe by opening an office in Istanbul.

Singapore Airlines Cargo (SIA Cargo) has agreed to plead guilty in a price-fixing case and pay a $48 million criminal fine, the U.S. Justice Department has announced.

After irking the FOSS community by attempting to muscle control over open-source projects like Java, MySQL, OpenOffice and Solaris, Oracle is back again and is eyeing Hudson project, much to the dismay of open-sources.

Global law firm Chadbourne & Parke has elected Andrew A. Giaccia as its new managing partner.

Low-cost carriers in India such as SpiceJet and Indigo proposed to hike flight charges to levels that would make the 'low-cost' tag redundant. Fares will now be decided on a four-slab basis, set according to the distance. The price hikes nearly triple ticket prices for flights booked on a short notice.

Jefferies & Co. said in its Wireless and Handsets weekly that tablet and smartphone sell-through has been strong at the start of the holiday shopping season.

As the holiday shopping season is underway, Best Buy Mobile, the mobile specialty retail unit of Best Buy Co. Inc. (NYSE:BBY), will be offering a minimum of four free smartphones every day through December.

The Chevrolet Cruze is the Urban Car of the Year as voted by the Emerging Diversity Education Fund, Decisive Media.

General Motors on Thursday said its China auto sales in November rose 11 percent, led by strong demand of its Buick and Chevrolet models.

India’s number one software services company Tata Consultancy Services (TCS) has opened a business process outsourcing facility in the Philippines following the path of India-based BPO companies which have operations in that country.

Nissan Motor Co.'s zero emission vehicle and the 100 percent electric car Nissan Leaf was awarded the title of European Car of the Year for 2011. Leaf, thus, becomes the first all-electric car to take the prestigious title.

Nissan Motor Co said on Friday that it plans to launch all electric vehicle Nissan Leaf in Japan on December 20 and in the US by month end.

A lawyer, who did not tell his clients that he has been disbarred from practicing and committed fraud on them by forging court documents, has been jailed for criminal contempt.

A Circuit Court judge in Shelbyville, Tennessee has been reprimanded by a disciplinary court for waiting 11 years to rule on a case.