Venture capital investor Tom Wheeler has announced that he would divest his stakes various companies, including Google Inc, AT&T Inc and Dish Network Corp, if he is confirmed as the new chairman of the Federal Communications Commission (FCC).

Mr. Wheeler has been nominated for the top job at the FCC; and it is common for nominees to divest their stakes in certain companies to avoid conflicts of interest.

Porsche has finally taken wraps off the prototype of its much-awaited plug-in hybrid 918 Spyder supercar, which according to the company's claims, will be very quick as well as energy efficient.

Intel passed up one of the greatest opportunities in its history by not agreeing to supply chips for Apple's original iPhone, chipmaker's former CEO Paul Otellini admitted.

Cupertino, Calif.-based tech giant Apple on Thursday announced that its App Store had hit a new milestone by scoring 50 billion downloads.

The 50 billionth app "Say the Same Thing" was downloaded by Brandon Ashmore from Mentor, Ohio. Ashmore received $10,000 in credit as a thank you gift from Apple for downloading the 50 billionth app.

VMware Horizon Mobile, VMware's dual persona mobile device software, has become available for on some of Verizon's Android-based smartphones.

The dual persona app creates two operating system instances, one for personal use and another for business use.

Luxury car maker Daimler AG on Wednesday took wraps off the newest version of its Mercedes-Benz brand's flagship sedan S-Class.

Finnish handset maker Nokia's recently announced Lumia 928 and Lumia 925 smartphones boast some incremental improvements over their predecessors.

The Lumia 925 and 928 are smaller as well as lighter than their predecessor Lumia 920. The Lumia 925 is the first smartphone in the series that has received an aluminum body.