COMPANIES

While Anonymous led OpPayPal rages PayPal exec Sam Shrauger has issued a fresh statement claiming that the competition can't compete.

Having dropped its full-year profit forecasts by 82 per cent games industry veteran Nintendo has slashed the retail price of its ailing 3DS games console.

EA CEO John Riccitiello has predicted the death of console gaming, claiming that in the near future devices such as Apple's iPad 2 will become the primary gaming medium.

Sony Corporation has suffered a $191 million loss for the financial quarter ending 30 June, after sales of its flagship PlayStation 3 console dwindled.

New reports suggest that the new Apple iPhone 5's September release will be closely followed by its new iPad 3.

As well as seeing an alleged 20K-plus users close their PayPal accounts, Anonymous' new OpPayPal has led to a $1 billion loss for PayPal's parent company eBay.

AntiSec hacking collective Anonymous' new OpPayPal has reportedly led to as many as 20,000 users shutting down their PayPal account.

An alleged leaked schematic for Apple's iPhone 5 smartphone indicates that the device will be aesthetically more akin to the iPhone 3GS than iPhone 4.

Hacker groups Anonymous and LulzSec have mounted a new legal campaign against PayPal, asking members to close their accounts.

With its release just round the corner Samsung's Galaxy Tab 10.1, many analysts have already begun to question whether the tablet will be able to repeat the Galaxy S2 smartphone's success and knock Apple off its pedestal.

Google's chief lawyer Kent Walker has warned that Apple and Google's ongoing patent war will end up hurting consumers.

AntiSec hackers Anonymous and LulzSec have mounted a fresh three-stage campaign against PayPal, promising a subsequent follow up attack on eBay.

Ahead of its rumoured September iPhone 5 release, Apple has reportedly included face recognition support in its iOS 5 application programming interface (API), meaning that app developers will be able to integrate face-recognition features into their games and apps.

Adding to what can only be described as the biggest game of Chinese Whispers ever played by the world's media, new rumours once again suggest a September release for Apple's highly-anticipated iPhone 5 smartphone.

As the threat of Apple's still unconfirmed -- but definitely maybe -- iPhone 5 September release looms, smartphone rival HTC has begun making moves to resolve its ongoing patent dispute with Apple.

Apple has released a new iOS update for its iPhone 3G, iPhone 4 and iPad devices designed to fix an inherent security flaw within the previous version.

Reacting to Google's recent decision to cut Firefox support from its Chrome software, Mozilla has hit back revealing plans for its own smartphone and tablet operating system.

New research indicates that Apple's ongoing dominance of the smartphone market may eventually turn what is currently a full on derby, into a two horse race between it and Samsung.

UK Growth figures show that the economy grew between April and June with growth at 0.2 per cent in the last three months. The weak figure from the Office for National Statistics will put pressure on the government to boost growth. Chancellor George Osborne has said that the government will stick to its economic plan "in a world of very great uncertainty." There will now be growing calls from the shadow chancellor, Ed Balls, to adopt a plan B amid fears that the UK can't support the defi...

As Apple and Samsung's dominance in the smartphone market grows, competitor LG has slashed its previous sales targets for the year, reporting losses across the board.

Apple has won the opening round of legal proceedings, with the U.S. ruling against its rival smartphone maker HTC on two of the 10 patent infringement claims made by Apple.

Games veteran Nintendo is being sued by its Taiwan-based distributor Hakuyu.

BP Announce Profits but Decline in Production Puts Chief Executive Under Pressure

A recent report has indicated that Apple's highly anticipated iPhone 5 will include a new iOS 5 run voice control feature.

BlackBerry maker Research in Motion is set to cut 11 per cent of its staff to compensate for its ongoing poor financial performance.

Samsung has denied allegations that unsafe working conditions in its chip production factories directly led to two employees dying of leukaemia.

A new report from the U.K.'s Energy and Climate Change Committee on Ofgem's Retail Market Review has demanded that companies pay compensation after it discovered that numerous energy companies were mis-selling electricity and gas.

iPad and iPhone maker Apple is set to conquer the Chinese market as two of the country's biggest telecom providers battle to secure the right to sell its devices.

Just as tech giant Sony reels from the public's loss of trust, one of its biggest insurers has taken it to caught claiming that it is not liable for any of the losses resulting from the PlayStation Network hack.