Best of 2012: $8M Oracle Yacht Takes a Nosedive

Dec. 21 (Bloomberg) -- A 72-foot catamaran built by Oracle Racing to defend the America’s Cup capsized in San Francisco Bay during a training session, destroying its mast and wing sail. (Source: Bloomberg)

Why Did Samsung Replace Its Mobile Chief?
30:42 - The new head of Samsung’s phone business helped develop its mobile payment and security platforms, exemplifying Vice Chairman Lee Jae Yong’s focus on software innovations as a way to gain distance from rival devices. Bloomberg's Emily Chang reports on "Bloomberg Markets." (Source: Bloomberg)
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