United States

US to release Iran's frozen funds

The Government of the United States has said that it is planning to release frozen Iranian funds as the islamic republic honored its commitments made under an interim deal over its nuclear programme.

Wind Capital Group sells Wind Farm for $60m

Wind Capital Group, the U. S unit of NTR, has sold a wind farm for $60m in Oklahoma.

The system was sold to TradeWind Energy which is based in Kansas. This company works in alliance with Enel, the power giant from Italy. Through its strategic alliance Enel supports TradeWind by means of construction, turbine procurement and operations.

Google posts weaker-than-expected Q1 results

Google shares slipped as much as 6.2 per cent in extended trading on Wednesday after the internet search giant reported weaker-than-expected revenues and profits for the first quarter.

Nest disabling a faulty feature on its Protect smoke alarm

Palo Alto, Calif.-based Nest Labs has confirmed that it is disabling a feature on its popular Nest Protect smoke alarm due to the risk that users could unintentionally turn off the alarm with the wave of a hand.

The Google-owned company's Nest Wave technology allows owners to turn off the smoke plus carbon monoxide alarm from a distance. However, the company's researchers found in recent laboratory test that a unique combination of circumstances could cause the feature to become accidentally activated.

Ex-Microsoft employee pleads guilty to leaking trade secrets

A former senior architect at Microsoft accused of leaking the company's trade secrets to a blogger has finally pleaded guilty to the charges.

Alex Kibkalo was last month accused of stealing and leaking early copies of Windows 8 operating system to a French blogger in August 2012.

According to the Redmond-based software giant, Kibkalo leaked information about Windows 8 RT software updates and the Activation Server software development kit (SDK).

Apple doesn’t own everything: Samsung

Apple is a great company but it does not own everything; South Korea-based smartphone maker Samsung's attorney John Quinn said on Tuesday in a US court as he was arguing against the Cupertino-based tech giant's claim that Samsung copied Apple devices.

Attorneys of the two companies made their opening statements yesterday at the companies' third trial in the long-running legal battle in a San Jose, Calif.-based federal court.