COMPANIES

Bill Gates, the founder of Microsoft, topped the Billionaires' List of Bloomberg, released on Friday. He grabbed the title World's Richest Person from Carlos Slim of Mexico.

Nissan Motor Co. surprised with it net profit growth of staggering 46.1 percent for the fourth quarter. But the fact is that the Japan's carmaker did not show off its annual profit which was simply plane, compared to its home rivals. Certainly, the weakening yen significantly helped Nissan Motor Co. and other Japan's companies enjoy stronger performance.

Android 4.3 Jelly Bean and Android 5.0 Key Lime Pie may be launched on the same year and eventually be pushed to several devices. Android 4.3 is speculated to appear in Google I/O event with the New Nexus 7 running it and Android 5.0 for several Galaxy devices including Galaxy S3, S4 and Note 2.

Google's continuous introduction of several revenue sourcing ideas bodes well for the company's valued shareholders. Already analysts are predicting a thousand dollars per share by next year and are advising to buy in now while stocks are still relatively low.

Apple has recorded a modest 6.7 growth for the first quarter of 2013 making it the lowest ever level since the iPhone's introduction in 2007. Of the total 216 million global shipments made during the period, 76.6 percent was accounted to Android devices of which Samsung is reportedly the market's top manufacturer.

In few more days the Google I/O event will take place and leaks about Android 4.3 Jelly Bean keeps spilling as it kicks out Android 5.0 Key Lime Pie from the picture while the next generation Nexus 7 2 reveals Android 4.3 Jelly Bean and Snapdragon processor with possible debut in the upcoming event.

With just two days to go before Google's I/O developers' conference opens on Wednesday, May 15, all indicators point to a longer wait for Key Lim Pie OS would-be fans.

Sony announced Android 4.1 Jelly Bean update for Xperia S, Xperia P and Xperia Go rolling out to owners of the three handsets. The update includes several bug fixes and system improvements plus new features from the Android Jelly Bean version. Unfortunately, Xperia S, P, and Go will not go on to Android 4.2 which means their life cycle has finally ended.

Zoom lens in cameras used to be the domain of digicams, not mobile phones. A Russian Web site said over the weekend that South Korean tech firm Samsung is set to release a smartphone with a 10x optical zoom lens.

Apple's stock price has seen a dramatic drop since its all-time high in September 2012.. Some analysts attribute this to a saturated market as Apple has been unable to successfully tap the giant Asian smartphone market where Apple could be losing billions of potential mobile phone users.

The Android-based gaming console Ouya delays launching date from June 4 to June 25. High demands for the gaming console served as main reason of its delay. Once it's released, expect Android games and stream video services to be loaded right on your big-screen TV.

Nokia announced the new software update is now rolling out to owners of Lumia 900. The company finally released the Windows 7.8 OS for handset owners which now boast several system improvements and features.

After its initial successful foray into gadgets with the tablet Kindle, ecommerce site Amazon is joining the smartphone battle by coming out with two handheld devices.

Tesla Motors Inc., the electric car manufacturer, has finally broken even, seeing surprisingly encouraging profits for the first quarter of 2013. This definitely has beaten expectations of poor sales which were widely expected.

From its size to its strength and pixels, screens have become the new battleground for flagship smartphones as manufacturers come up with the best display to make more sales.

While Facebook is considering opening the door of the world's most popular social networking site to annoying and unwanted pop-up video ads, Firefox is turning off its portal to third-party cookies in upcoming versions of the popular browser.

After the Thursday launch of the affordable 2G touchscreen smartphone Asha 501 in India, Finnish tech firm will bring the same phone to UK for its May 14 debut in Europe.

HTC First keeps you close to all your friends and loved one in real time using the Facebook Home launcher. It features steady stream of photos and posts from friends right on the home screen which refreshes automatically. But why did AT&T dropped HTC First to only 99 cents under contract?

McDonald’s act of “getting in touch” with the Cleveland hero arouses disapproval from a business standpoint.

It seems that Toyota Motor Corp. is on its track to full recovery as in the fiscal year ended March 2013 it saw its net profit triple on a year-on-year basis.

Italy’s maritime safety was again put into question

Android 4.3 Jelly Bean keeps spilling out with suspicion to run Nexus 4 LTE and Nexus 7 as Google continues to bake Android 5.0 Key Lime Pie while Apple keeps on standing still and continues the development of iOS 7 with the complete overhaul of the system. Did Android Jelly Bean delay Apple's innovation?

The possibility of more members leaving the world's most popular social networking site looms amid reports that Facebook plans to place pop-up ads when members open their account to read News Feeds from their friends.

Many users have expected Android 5.0 Key Lime Pie would be the next Android OS version to be introduced in the upcoming Google I/O in May 2013. However, Android 4.3 Jelly Bean keeps showing up on server logs and one of the devices seen running it is the Nexus 4 LTE version.

Origami Condoms from California is now planning to release the very first condom specially designed for anal sex to the market in 2015. The company unveiled the prototypes for receptive anal intercourse for both men and women.

Sony unveiled on Wednesday a $549 laptop, indicating a shift in pricing strategy for the electronic giant. The Japanese firm introduced the Vaio Fit, a 14-inch laptop that is thin, light and has aluminium body.

Microsoft has sold over 100 million copies of Windows 8 since it started to ship the new operating system six months ago on Oct 26, 2012. The information, reverses previous observation that the new OS was not moving in store shelves as fast as the manufacturer and industry expected it despite the operating system being designed primarily for touch command.

In a big turnaround from their previous decision, four of the biggest Australian banks said on Tuesday that they will pass in full the 25 basis points overnight cash rate made by the Reserve Bank of Australia (RBA) on the same day.

Because of its low prices that attracted American consumers who were still reeling from the prolonged recession, Wal-Mart Stores regained the number 1 ranking in the Fortune 500 list for 2012.