As per a recent report, profits for GE or General Electric for the fourth quarter have this time crossed its expectations. While a quarter earlier, the company received orders making profit of $203 billion, the same this quarter came with a heavy log jam and the profit touched $210 billion.

The South Korean phone maker, Samsung Electronics has made an announcement on Monday, which shows the company's amazing success. It has informed that since the launch of its Galaxy S smartphones in June 2010, the sales of the same have crossed 100 million units as of January 2013.

Two research organizations have ranked Lenovo Group Ltd. as second best computer developer in the world.

Whirlpool Corporation has received a boost in their net income from the first quarter of the year. It is the largest applicant manufacturing firms in the world. This has been a result of the reduction in costs in order to be able to help in managing the increasing costs for the material for production.

According to reports, after Nokia finalizes its tie-in with Microsoft on Thursday, it will lay off 4,000 people around the world by the end of 2012; countries like Denmark, Finland and UK are going to be affected, according to Nokia.

The world’s largest producers of mobile phones, Nokia OVI, had the ratings of its outstanding liabilities cut by the investors’ services from Moody's. This has encouraged the weak position in the market of the Finland based company and lowering margins for profit.

It has been reported that the Nissan Leaf and the Chevy Volt are about to take the center stage in Austin. This will take place in this week in Austin and several experts in the industry will praise and pick – at the latest electric cars which will be on display. The Consumer Reports are known to have put the Chevy Volt and the Nissan Leaf under the test.

Two U. S. retail majors and one supersized marketplace have not seen business success in China. Electronics retailer Best Buy (BBY) started closing its branded stores across the country Tuesday, just one month after Home Depot (HD), the home-improvement chain shut down its last Beijing outlet.

LG Electronics recently unveiled its much-hyped LG Optimus Pad – a tablet computer that boasts diverse multimedia and productivity features; and is expected to give neck-and-neck competition to the equally-raved-about Motorola Xoom this year.

The biggest electronic commerce site, of China called Alibaba. com Ltd. declined the most in more than a year in Hong Kong trading after the firm found more than two thousand three hundred vendors had set up bogus storefronts for defrauding global buyers.