Washington, May 14 : A subsidiary of Indian generic drug-maker Ranbaxy Laboratories has pleaded guilty to federal charges of selling adulterated drugs with intent to defraud and agreed to pay $500 million to resolve false claim allegations.
The US justice department Monday described as "the largest drug safety settlement" with a generic drug-maker related to manufacture and distribution of certain adulterated drugs made at two of Ranbaxy USA Inc's manufacturing facilities at Paonta Sahib and Dewas in India.
Washington, Mar 7 : Google has accused the Federal Bureau of Investigation (FBI) of using National Security Letters (NSL) - a form of surveillance that privacy watchdogs call "frightening and invasive" - to secretly seek information on Google users.
NSL are a means for the FBI to obtain information on people from telecommunications companies, authorized by the Electronic Communications Privacy Act (ECPA) and expanded under the Patriot Act, reports Fox News.
Washington, Mar 4 : Tech giant Apple could make its iPhone available in different colors, similar to what Nokia does with the Lumia 920, a report has said.
According to Apple Bitch, the tech firm has posted a new job looking for an anodizing engineer.
Or in simple words, the firms needs a person who could add color to aluminum, the Huff Post reports.
But the job posting does not mention iPhone, the report said.
So, Apple could be looking to replace someone in the iPod division, as the gadget already comes in many colors, it added. (ANI)
New York, Feb 20 - The US Federal Bureau of Investigation (FBI) has announced that it is looking into suspected insider trading of H. J. Heinz after an acquisition announcement made by Warren Buffett's Berkshire-Hathaway and Brazil's 3G Capital last week.
"The FBI is aware of the trading anomalies the day before Heinz's announcement. We are consulting with the SEC (Securities and Exchange Commission) to determine if a crime was committed," FBI spokesperson Peter Donald said.
Washington, Feb 14 : Apple chief executive Tim Cook has said that the recent lawsuit filed by investor David Einhorn''s Greenlight Capital hedge fund is a `silly sideshow' and a waste of time and money.
The lawsuit from Greenlight Capital challenges an Apple proposal governing stockholder rights.
Investor David Einhorn, who runs the fund, issued a news release urging Apple to return more cash to its investors and stop a proposal that he said would "eliminate" preferred stock.
Washington, Feb 13 : Yahoo's Chief Executive Marissa Mayer has said the firm's search partnership with Microsoft is not delivering the market share gains or the revenue boost that it should.
Mayer, at the Goldman Sachs Technology and Internet Conference in San Francisco, said that `one of the points of the alliance is that we collectively want to grow share rather than just trading share with each other.'
Washington, Feb 8 : BlackBerry has said that its new Z10 smartphone will not be launched in Japan.
First reported by Japanese newspaper the Nikkei business daily and confirmed by AllThingsD, Blackberry''s global roll-out for its new platform and mobile handset will not include Japan.
In a statement to AllThingsD, BlackBerry said in that Japan is not a major market for BlackBerry, and they have no plans to launch BlackBerry 10 devices there at this time, Mashable reports.
The company will continue to support existing customer devices.
According to the report, BlackBerry's plans for a China launch are still unclear
Washington, Jan 29 : Tech giant Apple is said to be working on a new iPad model that has more storage capacity, a report has said.
According to 9to5 Mac, the new device will feature the same design as the current iPads, but promises to offer users 128GB of storage, the most storage ever sold in an iPad.
There will be Wi-Fi and cellular versions, and according to the site, there will be 10-packs available for educational institutions.
9to5Mac, which has generally been accurate on Apple rumors, also said that the model will start at 799 dollars, the ABC News reports.
Chicago, Jan 24 - Motorola Solutions Inc. announced Wednesday that its fourth-quarter earnings jumped 83 percent, supported by stronger sales to government customers.
The Schaumburg-based company earned $336 million or $1.18 per share, compared with $184 million or 56 cents per share a year earlier. Excluding one-time gains and losses, the company reported adjusted earnings of $1.10 per share for the quarter, up 26 percent from 87 cents a share a year ago, reported Xinhua.
Sales of the company rose 6 percent to $2.44 billion in the quarter, thanks to its sales to government customers, which rose 10 percent.
Washington, Jan 11 : South Korean mobile maker has unveiled its first phone using a flexible display.
The phone, which is a nameless prototype, has a screen that falls off towards the rear edge of the device on the right side.
The phone displays landscape-oriented notifications along the edge.
The idea is that users will be able to read text messages, stock tickers, and other notifications from the side of the device even if you have a case covering the screen, the Verge reports.
According to the report, the screen is about five inches across, with a 16:9 aspect ratio and a resolution "about" 720p.
Washington, Dec 17 : Software giant Microsoft has negotiated a fresh licensing agreement with the German maker of Android-based devices, EINS.
Europe’s EINS manufactures Android tablets under the Cat brand in Germany.
While the contents of the agreement have not been disclosed, the parties indicate that Microsoft will receive royalties from EINS SE, Enterprise Innovation reports.
Washington, Dec 7 : Tech giant Apple's much awaited smaller version of the iPad has finally been released in India with a price tag of 21,900 rupees for the basic version.
The 7-inch `iPad Mini' is 23 percent slim, and weighs 53 percent lesser than the iPad tablet.
According to the Wall Street Journal, the tablet computer has a 10-hour battery life for long usage.
Pad mini basic verion comes with a 16-gigabit storage capacity, and allows users to access the internet via Wi-Fi networks.
Washington, Dec 7 : A US judge who oversaw the 1.5billion dollars award of patent damages to Apple against Samsung, has urged both the tech giants to put an end to the legal dispute.
"It''s time for global peace," U. S. District Court Judge Lucy Koh told both companies.
"Is there anything the court can do? I''m more than willing to issue orders. It would be good for consumers, good for the industry, good for the parties," she added.
According to CNET, Samsung attorney Charles Verhoeven said that they are `willing to do so'
"We are willing. The ball''s in their court," the report quoted Verhoeven, as saying.
Washington, Dec 7 : British oil giant BP has said it is building a new facility in Houston that will house what it says will be the world's largest complex of supercomputers for farther and faster search for oil and gas.
BP officials Thursday said construction has already begun on the three-storey, 110,000-square-foot facility, part of the company's five-year, $100-million investment in high-performance computing, reported Xinhua citing The Houston Chronicle website.
San Francisco, Dec 7 : Apple plans to manufacture some of its Mac computers exclusively in the US, according to Chief Executive Officer Tim Cook.
Cook made known the move of the tech giant company in an interview with the National Broadcasting Corporation (NBC) anchor Brian Williams. A preview of the interview is available on the website of NBC.
"We've been working for years on doing more and more in the United States. Next year, we'll do one of our existing Mac lines in the United States," Xinhua quoted Cook as saying.