Sony Co., in a blog post Thursday, announced that every single important record from the breached credit card database last week was encrypted. But, security experts say it was not enough to fully protect the Sony PlayStation users and that consumer data might still be used by the hackers. On Friday, reports had been released […]

The makers of the famous Blackberry, Research in Motion Ltd., said on Thursday that they have slashed their sales forecast for this quarter because they saw a significant decline in their sales. They further said that they are selling cheaper and less phones than they originally expected. Jim Balsillie, co-CEO of the company said that […]

The huge earthquake followed by a Tsunami in Japan that happened a few weeks back are now hurting the sales of U.S. companies that are serving Japanese consumers. Although Japanese shoppers are showing a little resilience, large U.S. companies like Coca-Cola, Coach Inc., and 3M Co. are feeling the effects of the disaster that struck […]

Synthes Inc. has confirmed Tuesday that it is in negotiations with Johnson & Johnson for its possible takeover. The alleged agreement is rumored worth nearly $20 billion, probably the largest deal J&J will commit in its history. However, Synthes refuses to provide additional information until a precise agreement has been reached or negotiations have been […]

For the longest time, teenagers across America have been accustomed to call help lines or toll-free hotlines whenever they need help with difficult things (usually if they have questions about sex, teenage pregnancy, and AIDS). However, most of these numbers now are answered by giggling girls offering dirty talk. Those often naughty “misdials” with girls […]

It’s not just any red shoes, Yves Saint Laurent’s red shoes with red soles is the subject of Christian Louboutin’s lawsuit against YSL. Christian Louboutin designed a pair of red-soled womens shoes that have been popularized by the characters on the “Sex and the City”. Yves Saint Laurent’s 2011 spring collection also have a pair […]

Apple’s iPad will continue to reign the swelling tablet market this year even though it already has several competitors from various computer and mobile-device companies, according to a report released by research firm Gartner. Gartner said iPad, which is synonymous to the term “tablet,” sets the standards for what the device really is, thus, leaving […]

Federal appeals court said Monday that Former Harvard University schoolmates of Mark Zuckerberg, Facebook founder, have no way of undoing their settlement on the creation of the acclaimed social networking site. The Court of Appeals said that Cameron and Tyler Winklevoss were technologically knowledgeable enough to understand the agreement they signed in 2008. The deal […]

Viacom Incorporated and Time Warner Cable Incorporated allowed the federal court of New York decide on their dispute regarding iPad applications on Thursday. Both companies filed lawsuits against each other because Time Warner placed about a dozen of its cable channels in Apple’s iPad. Four Networks, including Viacom Inc., News Corporation, Discovery Communications, and Fox […]

A former Gucci Computer technician from New York’s headquarter was charged with computer hacking into Gucci’s computer system. Yin was actually fired from Gucci because of abusing his employee’s discount privileges. According to the prosecutors, he bought bulk Gucci items and send them to Asia for resale. The disgruntled former Employee hacked into the computer […]