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IBM Debuts Most Powerful Cloud Server For Enterprises

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, introduced its most powerful server for enterprises, the zEnterprise EC 12 mainframe, which it said cost as much as $1 billion to develop. The unit is intended for enterprises that can manage their own systems but also shift data processing to the cloud.
Apple vs Samsung

Apple Seeks Quick Bans on Eight Samsung Phones

Apple Inc is seeking speedy bans on the sale of eight Samsung Electronics phones, moving swiftly to translate its resounding court victory over its arch-foe into a tangible business benefit.
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Apple iPad Mini Release Date May Coincide With iTunes 11 Launch [RUMORS]

Apple iPad Mini Release Date Rumors: Why Oct. 5 Makes The Most Sense To Launch

In about two weeks, Apple is expected to hold a large media event to debut several new devices, including a new iPhone - the unofficially dubbed "iPhone 5" - as well as a new iPod Nano, a new 13-inch Retina Macbook Pro, and possibly, a brand-new addition to the iPad line, the "iPad Mini." We believe Apple is going to choose Friday, Oct. 5 to launch the new iPad Mini. Apple iPad Mini Release Date Rumors: Why Oct. 5 Makes The Most Sense To Launch
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AOL's $600M Stock Buyback, Special Dividend

Internet company AOL Inc. (NYSE: AOL) announced plans Monday to return $1.1 billion to shareholders through a special dividend of $5.15 per share and also to buy back $600 million of stock under an accelerated stock-repurchase agreement with Barclays Bank PLC.
Apple outside counsel Jason Bartlett speaks with reporters following a jury decision in the Apple-Samsung trial in San Jose, Calif.

Samsung Shares Plunge, Apple's Touch Record In Post-Verdict Glee

Shares of Samsung Electronics (Seoul: 005930) plunged nearly 8 percent in Seoul Monday following the company’s $1.05 billion loss to Apple (Nasdaq: AAPL), the world's most valuable technology company, in a patent case in U.S. District Court in San Jose, Calif., on Friday.
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Hertz Buying Dollar Thrifty For $2.3B

Rental-car company Hertz Global Holdings Inc. (NYSE:HTZ) is buying rival Dollar Thrify Automotive Group Inc. (NYSE:DTG) for about $2.3 billion in cash to increase its global reach.
Samsung

Samsung Loses $12 bln Market Value after Apple's Victory

Samsung Electronics shares tumbled more than 7 percent on Monday, wiping $12 billion off the South Korean giant's market value, as Apple Inc's sweeping legal victory in their U.S. patent battle raised concerns about its smartphone business - its biggest cash cow.
Tennesseans Justin and Kayla Franklin walk in the rain in Key West as Tropical Storm Isaac moves over the Floridian island Sunday.

About 24% Of Gulf Of Mexico's Oil Output Cut By Tropical Storm Isaac

With the approach of Tropical Storm Isaac in the Gulf of Mexico, about 24.2 percent of the gulf's daily oil production and about 8.2 percent of its daily natural-gas production has been shut-in, according to estimates of the U.S. Interior Department's Bureau of Safety and Environmental Enforcement.
Apple outside counsel Jason Bartlett speaks with reporters following a jury decision in the Apple-Samsung trial in San Jose, Calif.

Apple Triumphs Over Samsung In Landmark Patent Case

Apple Inc scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages.
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Verdict Reached In Apple-Samsung Legal Battle In California

The jury reached an earlier-than-expected verdict Friday in the Apple Inc. v. Samsung Electronics Co. Ltd. et al. case being heard by the U.S. District Court for the Northern District of California, according to multiple media reports.
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MTV Sued For Sex And Age Discrimination

A former executive is suing MTV Networks and its parent, Viacom (Nasdaq: VIA), claiming she was bullied by superiors and discriminated for her age and gender before being unjustly fired.
Amazon Kindle Fire

Amazon Sets New High After Signing NBCUniversal Kindle Deal

Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, set a new year high after the developer of the Kindle and Kindle Fire said it would now offer streaming video from NBCUniversal, including hot shows such as “Friday Night Lights” and “Battlestar Galactica."

Best Buy's Buyout Bid Hits A New Snag

According to CNN Money, Best Buy has been having difficulty with founder Richard Schulze regarding his attempts at buying out the company’s remaining shares.
Red Vines Recall

Red Vines Black Licorice Recalled Over Lead

Everyone knows that black licorice tastes pretty bad, but if you notice that your pack of Red Vines Black Licorice Twists are especially terrible, there's a reason: they're full of lead.

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