BP Suffered From ‘Lack of Operating Discipline’

BP (BP) may have ignored potential risks related to the Deepwater Horizon drilling rig and the company suffered from a “lack of operating discipline” according to an interim report.

The report from the National Academy of Engineering and National Res…

Apple to Carry the Beatles on iTunes

After years of wrangling over trademark issues, Apple Inc. and the Beatles’ Apple Corps have come to an agreement that will make it possible to purchase songs and albums by the world’s most popular band on iTunes.
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Panasonic to Sell Smartphones Starting 2011

Panasonic Corp. (PC) will begin selling its own smartphone in Japan in 2011 and overseas in 2012.

The new phone will use the Google (GOOG) Android operating system, Reuters reported.

Panasonic stopped selling phones overseas in 2006 and is forecast…

Microsoft: 1 Million Kinect Gaming Systems Already Sold

In the first 10 days after its launch, Microsoft (MSFT) said that it has sold more than 1 million of its hands-free Kinect gaming systems.

The software giant is hoping that the Kinect, which plugs into an Xbox and lets you play games just by moving y…

Verizon, AT&T Hire CEO for Smartphone Payments Venture

A telecommunications group including Verizon Wireless and AT&T Inc. (T) hired Michael J Abbot, a former executive with General Electric (GE), to run a venture that will let consumers pay for purchases using their smartphone.

Abbot, who was previ…