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September 29, 2011

Facebook rumors: Fact vs. fiction

(CNN) -- The recent deluge of Facebook changes -- both those that have already happened and those that are on the way -- have people talking.

OK ... that's an understatement. They have people shouting (with either glee or fury). And fuming. And, sometimes, freaking out.

September 28, 2011

Felixstowe opens new berths for giant container ships

The Port of Felixstowe will formally open the UK's first shipping berths capable of taking the next generation of giant container ships later.

The ships, which are due to arrive in 2013, can carry 18,000 containers.

But they need deeper water to dock, and bigger cranes to be unloaded than are needed for the current biggest ships.

iPad has '80% of North American tablet market'

Apple's iPad captured 80% of the tablet computer market in the US and Canada in April to July, a report has said.

The iPad accounted for six million of all 7.5 million tablets shipped in North America during the second quarter of 2011, according to research group Strategy Analytics.

September 26, 2011

Samsung and Apple warring over patents again

Samsung and Apple have gone to court once again in their ongoing, tit-for-tat patent war.

The companies went before judges in Australia and the Netherlands on Monday, each asking for the other's products to be banned from sale.

Apple's lawyers in Sydney claimed that Samsung's Galaxy Tab infringed patents relating to its touchscreen interface.

Libya: Italian oil firm Eni resumes Abu Attifel pumping

Italian oil firm Eni has restarted production at an oil field in Libya, as opponents of Col Muammar Gaddafi tighten their control on the economy.

Eni, which was the biggest foreign oil producer in Libya before Col Gaddafi was overthrown, said it planned to reopen other fields in the coming days.

September 25, 2011

Hewlett-Packard replaces Leo Apotheker with Meg Whitman

Leo Apotheker has been replaced as chief executive of Hewlett-Packard by Meg Whitman, the former head of eBay.

Mr Apotheker was in the job less than a year, but had overseen a collapse in the share price and a fall in sales.

Ms Whitman, who once ran for governor of California, resigned from eBay in 2008 and is credited with building it into a global force.

Nike profits from increased sales

Nike's latest profits have met market expectations, sending its shares up more than 5% in after hours trading.

The US sportswear giant made a net profit of $645m (£420m) in the three months to 31 August, up 15% from its same first quarter period last year.

Its revenues rose 18% to $6.1bn, as Nike said demand for its products remained strong around the world.

September 23, 2011

Google denies 'cooking' search results

Google's executive chairman has denied that the company fixes its search results to promote its own websites and services.

Eric Schmidt told a congressional hearing in Washington: "May I simply say that I can assure you we're not cooking anything."

Facebook focuses on media sharing and adds timeline

Facebook has outlined plans to encourage users to share more of the media they consume - including music and movies - with friends.

Its founder Mark Zuckerberg also unveiled a dramatic redesign to the website, replacing user profiles with an audio visual timeline of their life.

September 22, 2011

Saab wins bankruptcy court appeal decision

Troubled carmaker Saab will seek bankruptcy protection after winning a court appeal against a decision earlier this month preventing it from doing so.

The court of appeal said its decision "reverses the district court ruling and allows Saab to reorganise".

The carmaker has been trying unsuccessfully to get new funding to ensure the business's survival.

September 18, 2011

Siemens to quit nuclear industry

German industrial and engineering conglomerate Siemens is to withdraw entirely from the nuclear industry.

The move is a response to the Fukushima nuclear disaster in Japan in March, chief executive Peter Loescher said.

He told Spiegel magazine it was the firm's answer to "the clear positioning of German society and politics for a pullout from nuclear energy".

Jaguar Land Rover 'to build major engine plant'

Luxury carmaker Jaguar Land Rover (JLR) is set to announce plans for a major new engine plant in the West Midlands.

The development, which is expected to take up to two years, will be on the i54 business park in Wolverhampton, confirmed as one of several new enterprise zones in July.

September 14, 2011

Technology firm Cisco more than halves revenue targets

Technology company Cisco Systems has more than halved its revenue forecast amid slowing economic growth and increased competition.

Cisco said annual revenues would increase by between 5-7% over the next three years, down from a previous target of 12-17%.

Intel and Google in Android chip-making partnership

Chipmaker Intel has set up a development partnership with internet giant Google to improve its mobile phone and tablet processors that run on the Android system.

The move is aimed at giving Intel greater access to one of the industry's fastest-growing segments.

Intel is the world's biggest chipmaker in the computer and server market.

September 13, 2011

Suzuki seeks end to Volkswagen alliance

Suzuki Motor is seeking an end to its partnership with Volkswagen, after the German carmaker accused Suzuki of breaking the terms of their agreement.

Suzuki will ask Volkswagen to sell its 19.9% stake in the firm, the company said in a statement.

The Japanese car company, in turn, will offload its 1.5% stake in Volkswagen.

Microsoft unveils its new Windows 8 operating system

Microsoft has taken the wraps off the next generation of its Windows operating system.

Windows 8 is designed to run on tablet computers, as well as desktop and laptop PCs.

The software, which is due to be released in 2012 will work on the popular ARM-designed low power processors for the first time.

September 08, 2011

HTC sues Apple after Google sells tech patents

Taiwanese smartphone firm HTC has fired a fresh salvo in its continuing war with Apple over patent infringement.

HTC has used patents it bought from Google last week to lodge a fresh complaint against Apple with the US International Trade Commission (ITC).

It has alleged that Apple's computers and mobile devices infringe patents involving wi-fi capability and processor communication technology.

Saab bankruptcy likely 'in days'

The carmaker Saab's application for protection from its creditors to help it avoid being pushed into bankruptcy has been rejected by a Swedish court.

In response, Swedish trade unions said they could demand that Saab be declared bankrupt within days.

Saab had applied for protection while trying to secure additional funding.

September 07, 2011

Saab seeks protection from its creditors

Struggling Swedish carmaker Saab is seeking protection from its creditors.

The move should help its owner Swedish Automobile avoid being pushed into bankruptcy while trying to secure additional funding.

Saab had to suspend production in April when its suppliers stopped deliveries after not being paid. Its workers have also had their pay delayed for three months in a row.

September 06, 2011

Apple to open first store in Hong Kong to boost sales

Apple is planning to open its first store in Hong Kong as it seeks to capture a greater share of the booming Asian market.

The store comes as Apple's outlets in Beijing and Shanghai continue to be among the best performing ones across the globe.

Toyota to make hybrid car parts in China to boost sales

Toyota is planning to manufacture key components for its hybrid cars outside Japan for the first time, in a bid to boost sales.

It will start making parts at its research and development facility in China to cater for growing demand from the mainland.

China is one of the world's biggest polluters but sales of hybrid vehicles are expected to grow steadily in the coming years.

September 05, 2011

Apple defends itself after pollution allegations

Apple has defended its environmental record after allegations that some of its suppliers are polluting in China.

The technology giant said that it was committed to the highest standard of social responsibility.

The comments come after a report by Chinese environmental groups claimed a number of Apple manufacturers were discharging harmful pollutants.