A lawsuit has been filed in the US District Court in Arizona by a company named iCloud Communications claimed trademark infringements against Apple over the use of the name iCloud. iCloud Communications is an Arizona based VoIP equipment, service provider and cloud computing company that has been offering services, since 5 years.

The goods and services with which Apple intends to use the ‘iCloud’ trademark are identical or closely related to the goods and services that have been offered by iCloud Communications under the iCloud trademark since its formation.

The company claims that heavy promotion of iCloud by Apple is damaging their business and has decreased their brand value. The complain wants Apple to produce all profits, gains and advantages and also all monetary damages sustained. They also want Apple to deliver for destruction all labels, signs, prints, insignia, letterhead, brochures, business cards, invoices and any other written or recorded material or advertisements.

Apple reportedly spent whopping $4.5 million to acquire the iCloud.com domain from Sweden-based Xcerion. Apple won’t let this go out of their hands easily. We will keep you updated, stay tuned.

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Michael Dell has pulled out another tablet, the Dell 7-inch tablet Streak which is Android based. He announced this at an Oracle Corp. conference in San Francisco.

Dell said the company’s new 5-inch Streak tablet will be available at Best Buy stores next month. The device is currently available through Dell’s online store. He didn’t provide any other detail for new 7-inch table. The device appears to run on Google’s Android software. This join to competition of Apple’s iPad.

This will give Dell Inc. a huge boost in revenue in coming quarter.