Toyota recalls under Congress scanner

Toyota Motor Corp faced scrutiny from Congress over its biggest ever safety recall as investors, suppliers and consumers weighed the impact of an unprecedented halt in US production by the No.1 automaker.

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Tiger Woods’s biggest corporate backer has reduced the role of the world’s top-ranked golfer in its marketing at the annual PGA Merchandise Show in Orlando, Florida. Nike Inc’s outdoor booth at the event’s annual Demo Day features only one photo of Woods...

Google transliterates 14 Indian languages into their script

As a part of their global innovation from India on language technologies, Google launched the Google Transliteration IME a free to download and use desktop application tool, which allows users to enter text in one of the supported languages using a roman keyboard that could be converted to a native Indian script.

Apple redefines tablet computer mkt with iPad

Apple is shaking up the gadget world with an iPad that redefines the tablet computer and threatens with obsolescence electronic readers, digital photo frames and other mono-purpose gizmos.

Oracle plans to hire 2,000 in sales & engineering

Software maker Oracle Corp is planning to hire 2,000 people in sales and engineering department, as the company is near to close its long-delayed acquisition of Sun Microsystems Inc, says a media report.

No curbs on Google’s Android, says China

Google’s Android operating system should face no limits on its use by China’s phone companies so long as it complies with Chinese regulations, the government said Wednesday.

Geithner defends actions in AIG case

Treasury secretary Timothy Geithner denied any role in disclosures about American International Group’s payments to banks and defended his decisions as New York Federal Reserve chief to pay full price to retire AIG credit default swaps.

Toyota to recall 2.3 m vehicles in the US

Toyota will recall 2.3 million vehicles in the US to correct defective accelerator pedals that can become stuck, the latest in a series of quality problems that have haunted the world’s biggest automaker.

Vintage snowflake pics on block

Photographs by the first person to capture the image of a single snowflake with a camera are going up for sale in New York, featuring examples from a life’s work of pioneering 19th-century images of thousands of jewel-like snowflakes—no two alike.

Banks impose tough norms before the overhaul

US banking supervisors are using existing authority to raise standards for capital, liquidity and risk management without waiting for the Obama administration and Congress to hammer out a new regulatory structure.

Obama curbs may force banks to sell pvt equity biz

JPMorgan Chase & Co and Goldman Sachs Group Inc may have to sell some private-equity businesses and stop investing in buyouts under a proposal by President Barack Obama to limit bets made by banks with their own capital.

Sony Ericsson posts $167-m loss in Q4

Mobile phone maker Sony Ericsson on Friday said its loss narrowed to $167 million in the fourth quarter of 2009 on account of sales of high-margin phones and cost cutting measures.

Censoring China Web results will stop soon: CEO

Google chief executive Eric Schmidt has said the Internet giant is still censoring Web search results in China but that will change in a “reasonably short time from now.” “We’re in conversation with the Chinese government,” Schmidt said after releasing Google’s fourth quarter results.

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Toyota recalls under Congress scanner

Side Bar

Google transliterates 14 Indian languages into their script

Apple redefines tablet computer mkt with iPad

Oracle plans to hire 2,000 in sales & engineering

No curbs on Google’s Android, says China

Geithner defends actions in AIG case

Toyota to recall 2.3 m vehicles in the US

Vintage snowflake pics on block

Banks impose tough norms before the overhaul

Obama curbs may force banks to sell pvt equity biz

Sony Ericsson posts $167-m loss in Q4

Censoring China Web results will stop soon: CEO

Google profit rises five-fold; but fails to impress investors

High I-T rate makes life tough in London

Rajiv Shah US relief coordinator in Haiti

Haiti rescuers race to find survivors

Obama billboard to be taken down

Financial board warns against overly optimism

Tweetups, unfriend are Oxford’s words of the yr

Security beefed up around the world on New Year eve