Apple (AAPL) was notified by the Nasdaq that the company isn't in compliance with requirements for continued listing on Nasdaq because of Apple's delay in filing its quarterly report with the Securities and Exchange Commission. For its part Apple will request a hearing before a Nasdaq panel on the matter.
Dell (DELL) is facing lawsuits in China from consumers who bought laptop computers containing a different processor than advertised. Dell executives contend they simply made an error by failing to update marketing materials in China after opting to change the processor to a slightly less expensive model.
Verizon (VZ) is rolling out a digital video recorder that enables its TV customers to watch recorded shows on any television set in their homes. The new DVR also enables subscribers to play music and view photos on their TVs. The DVR costs $19.95 a month.