A new car would soon be showcased by Tesla Motors, the popular Palo Alto electric-car maker, as revealed by a new report. It has been found in the report that the sport utility vehicle would be ready for sale next year.

As per recent reports, it has been revealed that Microsoft has unveiled its plan in regard to Windows 8 development. Microsoft's Windows Chief Steven Sinofsky has said to have put up a note more than 8,000 words in which he has explained about Windows 8.

It has been recently revealed by Microsoft Company that it is going to follow rational policies for the process of licensing their technological standards, and promise to work in peaceful correlation with its competing companies rather than trying to bog them down with blocking their sales.

In a recent report, it has been revealed that Sprint Nextel has incurred losses in their sales. It is the 3rd largest cell phone company in the nation and it revealed that it has borne a loss of $1.3 billion in the fourth quarter earnings. It was further said that the condition is still better than what it was a year ago, when the firm had seen a loss of $929 million.

It has been recently revealed that the global giant Sony has replaced its CEO Howard Stringer by Kazuo Hirai. This has been done due to the recent losses incurred by the firm and the ranking as which has revealed that they have been left behind by other leaders like Samsung and Apple.

OnLive gaming service has revealed that it has developed application controls, called `vPad', through which its game subscribers would be able to play games by connecting set-top box either to TV or to smartphone/tablets.

There seems to be no end to worries for RIM as now it has been told that instead of using “BBX” on the smartphones, they would be changing the name to BlackBerry 10.

Come February 2012 and the world would witness Microsoft’s novel Windows Store. This is specially going to open for its Windows 8 products, which would include computers, tablets and notebooks.

Legal action has been asked over Japan's Olympus Corp’s scandal in which executives were alleged of covering investment losses up to $1.7 billion. The scandalous activity of the executives forced Michael Woodford to resign from the post of President from the organization.

The U. S. Postal Service has made it clear that if they witnessed any further bankruptcy, then they have full plans to close as much as 250 postal centers across the country. They are already facing $3 billion debt and further more is not in their plan list.