COMPANIES

Sony Corp, once the envy of its rivals, chalked up anew billions in yearly losses, pointing to the sagging fortune of the Japanese firm that once crafted consumer electronic products that became ubiquitous in global households.

Samsung Electronics has finally started rolling out Android 4.0 or Android ICS updates for Samsung Galaxy Note. The lucky people who would first experience the update would be Samsung Galaxy Note users in Europe.

Many people who have Android-based smartphones and tablets are becoming frustrated due to the lack or slow roll out of Android updates. Both Google and mobile carrier AT&T are refusing to take the blame for this situation.

Intel’s chief executive Paul Otellini predicted that a hybrid of tablet and ultrabook will be “the next big thing” in the tech world.

Your Facebook account will soon be like your iOS and Android phones as it will launch its App Center in the coming weeks.

Australian miner Dart Energy said on Friday that it would no longer drill a coal seam gas (CSG) well in St Peters, Sydney, The firm confirmed its statement in a filing with the Australian Securities Exchange.

Facebook, the largest social networking site in the world recently announced that they will be launching their own app store. This is the company's latest strategy in profiting from the large population registered in Facebook.

While Nokia Australia confirmed that no Pureview 808 will be heading on the land down under, two Windows Phones are on their way to invade the Sydney Shores.

Retailers are hoping that Australians would spend some of their budget handouts on shopping to lift the industry.

Nokia Australia confirmed that it will not release its new smartphone PureView 808 in the land down under.

Microsoft is trying to increase the sales again of the Xbox 360 by offering it at a cheaper price.

Facebook users in Australia can now share their donor status with their friends due to the feature introduced by the social networking site.

Samsung finally unveiled the Samsung Galaxy S III, the follow up to the company's successful Samsung Galaxy S II. The release of the smartphone was met with enthusiasm as many users were impressed by the features and specifications of Samsung Galaxy S III. This leads us to the big question: To Upgrade or Not to Upgrade?

Although two of the richest persons in Australia often agree to oppose certain government policies such as the mining tax and the carbon tax, Andrew Forrest and Gina Rinehart are on the opposite sides when it comes to employment of foreign workers.

The future is still bright for Australia beef industry. According to a report released on Monday at the Beef Australia 2012 summit, the country's cattle herd is expected to reach 30 million heads this year. It would be the peak since the 1970s.

Australians continue to show a change in their drinking preference as they drank less alcoholic drinks and beer, and more of spirits.

Telecom competitors Vodafone and Optus have agreed to a joint venture project to build 500 more new mobile phone stations in the next four years to address network problems.

Westpac Banking Corporation reported on Thursday first-half net profit of $3.07 billion for the six months to March 31. While it is a 25 per cent decline compared to the same period a year ago, the slump was mainly due to a one-off tax consolidation following Westpac's purchase of St George.

Samsung muscled its way again on top of the global smartphone market by capturing 29.1 per cent of the pie in the first quarter of the current year and effectively overtaking its chief rival, Apple.

South Australian Transport Services Minister Chloe Fox announced on Wednesday that the state has imposed about $218,000 fines on three Adelaide bus contractors because their buses are always late.

Australians continued to enjoy their passion for travel to domestic and foreign destinations which resulted in air carriers, Qantas and Virgin Australia, enjoying high passenger numbers for the month of March.

1st Fleet, an Australian trucking company that operates in Queensland, New South Wales, Victoria and South Australia, locked out about 1,000 workers and ceased trading overnight without any warning on Wednesday night.

Chinese food safety regulators have shut down production at a Coca-Cola beverage plant in Shanxi province after discovering small amounts of chlorine in some of the products following a routine maintenance check.

Wal-Mart Stores Inc, the world's largest private employer, has been ordered to pay $4.8 million in back wages and damages to more than 4,500 of their employees across the United States.

Woodside Petroleum agreed on Tuesday to sell its 14.7 per cent stake in the Browse gas fields to its Japanese partners for $2 billion. However, the sale to Mitsubishi and Mitsui would likely place a question mark if Mitsubishi and Mitsui would build the liquefied natural gas (LNG) plant at James Price Point.

Mark Zuckerberg remains the only Facebook originals involve in the day-to-day operations of the social networking giant - all the others have gone setting up their own tech babies following the attachment of numerous zeroes on their names.

Samsung finally confirmed some of the rumored specifications about the highly-anticipated Samsung Galaxy S III. So far, the company has remained silent regarding the countless number of rumors about this smartphone but for the past weeks, Samsung has taken time to confirm some of the details about the Samsung Galaxy S III.

Outside of the vast Apple universe, an Asian tech firm known as Samsung Electronics continue to make significant headways, reporting on Friday that it made more than $US5 billion in operating profit for the first three months of 2012.

An Australian Federal Court of Appeal, ruling en banc, found on Friday Optus liable in violating the exclusive rights of Telstra Corporation in broadcasting the near-live games of Australia's premier football and rugby leagues.