IBT Staff Reporter

Toyota Motor Corp said on Thursday it would recall about 333,000 RAV4 and Highlander SUVs because of the risk airbags sensors could fail and cause the curtain airbags to deploy.

U.S. videoconferencing company Polycom Inc forecast strong second-quarter sales as it continued to benefit from its partnerships with companies like Microsoft and from business disruptions at bigger rival Cisco.

SanDisk Corp's 19 percent revenue rise surpassed expectations after strong smartphone and tablet demand propped up first-quarter chip prices, as it reaffirmed hopes for a strong 2011 despite supply-chain tangles from Japan.

Microsoft Corp plans to broadly raise salaries and stock awards to attract and retain top talent, Chief Executive Steve Ballmer said in an internal memo obtained by Reuters on Thursday.

The New York auto show happens at the end of the international auto show season, is fairly small, and above all was over-shadowed by the Shanghai International Auto Show this year. Consequently, there were few surprises and big global debuts. During the first day, updates for several small cars were revealed, and more efficient engines entered the mix.

Britain's royal wedding is generating around 9,000 mentions a day online, or one every 10 seconds, according to a study from specialist technology firm Greenlight published on Thursday.

Raj Rajaratnam's lawyer took a last shot at trial of keeping his client out of prison, blasting the credibility of key witnesses and telling jurors the government failed to prove the hedge fund manager broke insider trading laws.

Mattel Inc , after waging a seven-year legal war against a tiny California company, suffered a surprise defeat on Thursday after a U.S. jury decided that MGA Entertainment Inc is the rightful owner of the once-billion dollar line of pouty-lipped Bratz dolls.

Android phones can also trace users' movements, according to a security researcher who published his findings at github.

Apple has completed work on an online music storage service and is set to launch it ahead of Google, whose own music efforts have stalled, according to several people familiar with both companies' plans.

The tragic 2011 T?hoku earthquake and tsunami is the worst natural disaster to hit Japan in the last half century. The confirmed death toll now total 14,133 while the number of missing total 13,346. The final death toll, therefore, is probably north of 25,000.

NYSE Euronext directors rejected as too risky and lacking value a sweetened takeover offer from Nasdaq OMX Group and IntercontinentalExchange , the second time in 11 days the board backed a lower bid from Germany's Deutsche Boerse AG .

AT&T Inc told communications regulators its $39-billion bid to buy Deutsche Telekom AG's T-Mobile USA would let it build high-speed wireless services reaching more than 97 percent of U.S. users.

Morgan Stanley's first-quarter profit fell nearly 50 percent, but the results were better than many analysts had forecast thanks to stronger-than-expected fixed-income trading revenue.

Brent oil futures seesawed near unchanged after slipping off a 32-month high Thursday as traders took some money out of recently rising energy markets before a holiday weekend.

A hacker has pleaded guilty to trafficking in counterfeit credit cards and aggravated identity theft; which resulted in losses of $36 million.

A pair of just over 2-week old Malayan tiger cubs at the San Diego Zoo have recently opened their eyes.

The Law Offices of Marc S. Henzel (www.henzellaw.com) a firm focusing on shareholder litigation, is investigating the proposed buyout of TradeStation Group, Inc. (Nasdaq: TRAD) by Monex Group, Inc. (Tokyo Stock Exchange: 8698).

U.S. stocks posted their first positive week in three as more healthy earnings news lifted Wall Street on Thursday, though gains were limited with another 180 S&P names due to report next week.

When Amazon.com Inc and eBay Inc report quarterly results next week, investors will try to determine how well the e-commerce rivals' expensive fight for shoppers is paying off.

AT&T Inc's $39 billion bid to buy Deutsche Telekom AG's T-Mobile USA would let it build high-speed wireless services for more than 97 percent of the United States, it said in a U.S. government filing on Thursday.

JPMorgan Chase & Co agreed to return more than $800 million of assets that will be distributed to former customers of Lehman Brothers Holdings Inc's brokerage.

The United States violated global trade law by shutting down Internet gambling sites based in Antigua and elsewhere and prosecuting their owners, according to Antigua and Barbuda officials considering action in the World Trade Organization.

Online coupon service Groupon has hired a Google Inc executive to be its new chief operating officer, filling a key slot in its management team ahead of a potential initial public offering, according to a media report.

Verizon Communications has considered developing an Internet video service that would work outside of its network region but is not pursuing it right now, according to the company's chief financial officer.

Profit at Morgan Stanley's global wealth management division jumped in the first quarter as retail investors poured in $11.4 billion of new assets.

A jury found Mattel Inc had not proven ownership of Bratz drawings and sculpts after a long trial against MGA Entertainment.

Nintendo Developer Shigeru Miyamoto said that the next Mario game would not only be playable at this year's Electronic Entertainment Expo, but also available for purchase later this year.

Verizon added 906,000 new customers and sold 2.2 million iPhones in two months.