BUSINESS

Technology Focus: Why Apple And Samsung Should Settle Now

Apple vs Samsung
After three weeks of testimony, the case of Apple Inc. (Nasdaq: AAPL) vs. Samsung Electronics Co. Ltd. (Seoul: 005930) is over. U.S. District Court Judge Lucy Koh could instruct the nine-member civil jury in San Jose, Calif., as early as Tuesday The parties should settle first.
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The Jefferson Lies

Glenn Beck May Revive 'Jefferson Lies' After The Book Is Pulled By Publisher For Inaccuracies; Is Publishing Broken?

In a phone interview with the International Business Times, the evangelical author David Barton said he was approached by four publishers, among them conservative talk-show host Glenn Beck's imprint, to distribute "The Jefferson Lies" after publisher Thomas Nelson halted shipments because of claims that it contains numerous mistakes. This incident raises again the question of why publishers are unable or unwilling to ensure the accuracy of the books they print.
Bob Diamond

British Parliament Bashes Bob Diamond In LIBOR Report

The British parliament criticized former Barclays Plc (London: BARC) CEO Bob Diamond in a report released Saturday, saying that he failed to fully disclose the bank?s illegal practices during testimony on the LIBOR scandal.
Apple iOS 6 Features: Users ‘Disappointed’ Without YouTube App, Google Maps Upgraded As iPhone 5 Release Approaches

Apple's IOS 6 Security Flaw Could Let Scammers Send False Texts

Apple?s upcoming iPhone 5 is expected to launch simultaneously with a revamp of the iPhone?s mobile operating system, iOS6. However, a small tech blog points out that a vulnerability in the new operating system might allow hackers to send text messages from false numbers.
College-led recovery

6 Charts On Why College Is Worth Its Cost

Even at a time when paying for college has become a lifetime endeavor for the average Americans, having a college degree is still a worthwhile investment. Nearly four out of every five jobs destroyed by the recession were held by workers with a high school diploma or less.
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Merkel Mulling Easing Greece Bailout Terms, German Lawmakers Say

German Chancellor Angela Merkel is consider easing debt-laden Greece's bailout terms, triggering tensions with members of her coalition, who oppose giving the Greek government any more concessions, two German lawmakers said, according to a published report Friday.
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Facebook Plunges To Latest Record Low After Lockup Ends

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell to a new record low of $19.01 in midday Friday trading, a day after insiders were allowed to sell as many as 241 million shares they had been required to hold since the May 17 initial public offering.
Little Mermaid Surgery

Little Mermaid Surgery Ad Sparks Outrage, Plastic Surgery Clinic Adds Breast Implants To Disney Princess [PHOTOS]

A plastic surgery center in Venezuela is under fire after using Ariel from The Little Mermaid in an ad photo promoting surgery, adding breast implants to the Disney Princess. Venezuela Clinica Dempere released the controversial ad campaign, depicting the red-headed mermaid princess with breast augmentations, along with the Frog Price and the Wicked Witch, writing, "We make fairy tales come true."
Pieces of gold

Gold's Value Up For Europeans As Exchange Deems Bullion Collateral

European investors looking to bet on risky derivatives will be able to use gold to back their trades, one of the Continent's major exchanges said Friday, a development that could both make the yellow precious metal a more valuable asset and foster the growth of derivative trading volume.

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