BUSINESS

Many reports came up with a number of leaked iPhone 5 parts from different sources. While majority of them looked quite convincing, there are people, who are still doubtful about the legitimacy of those parts, claimed to be of the new iPhone. iResQ, a Kansas-based Apple certified repair shop took newly leaked headphone jack/docking port assembly and placed it in a rear shell, claimed to be of the iPhone 5.

Most of the Asian markets rose Tuesday as investors maintained hopes about monetary easing measures from policymakers around the world to tackle the weakening of the global economic growth.

Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999.

Asian shares edged up Tuesday as investors held on to hopes the European Central Bank will act to soothe borrowing costs, even as officials denied a report about the shape of its planned bond buying strategy.

Germany's central bank warned Monday that Europe's biggest economy could be stressed by the continent's endless financial crisis, with signs of a slowdown building even as it is being relied on ever more to prop up its neighbors

According to the New York Observer, three more writers have been cut from the Village Voice's already-skeletal staff, while one full-time editor was reduced to part-time status.

Samsung?s Galaxy Note 2 is catered towards those who look to create and consume media content, and the Korea-based manufacturer is certainly stressing that point in its advertising campaign. The successor to the original ?phablet? device is reportedly set for a release date on August 29, and as that date draws near more information on the device seems to emerge.

Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.

After enjoying a record-breaking quarter earlier this year, Apple posted yet another milestone on Monday, this time for its stock. With its stock reaching $660.73 a share early Monday morning, Apple finally surpassed Microsoft as the most valuable publicly-traded stock ever, achieving a market capitalization of $619.37 billion, the largest cap ever recorded.

Just prior to its much-hyped stock market debut, Facebook Inc. (Nasdaq: FB) bought the photosharing website Instagram for $1 billion in cash and stock. Now, with the world's biggest social network trading at half its IPO price, Instagram's deal doesn't look as nearly as sweet.

Music and celebrity blog publisher Buzzmedia Inc. has hired digital veteran Stephen Hansen as its new president, the company said Monday, a month after it acquired Spin magazine and laid off its top editors.

Rolls-Royce doubled down and unveiled both its Phantom Coupe Aviator and 2013 Ghost at the Pebble Beach Concours d'Elegance and Quail car show.

Apple fans can't wait to get their hands on the iPhone 5, Apple's sixth-generation smartphone believed to finally debut and hit stores next month. But for those who can't wait for the finalized product, China GadgetLand is selling what it claims to be a full "iPhone 5" set, complete with an LCD screen and digitizer assembly, for just $199.

Microsoft?s next line of Windows Phone 8 devices are expected for a fall release date alongside its new Windows 8 operating system. Rumors of these Microsoft-branded smartphones from manufacturer Samsung have been circulating for some time now, and a recent leak has revealed the names of these devices.

Apple (Nasdaq: AAPL), the world's most valuable technology company, continued its tear as its shares keep setting all-time records in Monday trading. Earlier, its shares hit $664.75, valuing the Cupertino, Calif., company above $621 billion for the first time, more than any other company?s prior value.

New Yahoo (Nasdaq: YHOO) CEO Marissa Mayer appears to continue her housecleaning. U.S. sales chief Wayne Powers quit the search engine and media company Monday to become president of Parade Publications, the Sunday newspaper supplement published by privately held Advance Publications.

Unemployment is still well above 8 percent, the cost at the pump is rising and consumers are still wary and cost-conscious, but recent surveys indicate back-to-school buys and the upcoming holiday shopping season will be as good as or better than last year. Still, the theme of the season is cautious optimism.

Exchange operator CME Group Inc. (Nasdaq:CME) is opening a hot new table in the global financial casino, pushed to set up a derivatives exchange in London by clients who can't be bothered to comply with U.S. law.

Apple fans can't wait to get their hands on the iPhone 5, Apple's sixth-generation smartphone believed to finally debut and hit stores next month. But for those who can't wait for the finalized product, China GadgetLand is selling what it claims to be a full "iPhone 5" set, complete with an LCD screen and digitizer assembly, for just $199. By and large, this iPhone looks to line up with most previous reports, specs, and rumored features of the phone.

British wholesale natural gas prices rose Monday on a combination of tight supply and stronger demand.

European rabbis as well as Israel?s Minister of Public Diplomacy have criticized Apple (Nasdaq: AAPL) for publishing and selling an Arabic-language app of ?The Protocols of the Elders of Zion,? probably the best-known anti-Semitic forgery.

Friends and family were mourning the death of St. Louis University volleyball player Megan Boken as police search for her killer after the 23-year-old Illinois woman was shot to death Saturday before an alumni game in St. Louis.

Megachains Pizza Hut and Home Depot separately denied claims in court in Los Angeles on Thursday and Friday that they ripped off music by the band The Black Keys in TV spots, reports the Associated Press.

Treyarch and Activision?s upcoming ?Call of Duty: Black Ops 2? be may be released on the Wii U, according to a recent clue published on social networking career site LinkedIn.

The move to ease media censorship raises hopes that Thein Sein?s government will continue to make further reforms in order to put Burma on a firm path towards democracy.

Caterpillar Inc. (NYSE: CAT) Chief Exectutive Officer Doug Oberhelman has long been an optimist, but these days he's been scaling back on his optimism.

Gold prices continued to decline this week, dragging even lower due to unusually weak demand from China and India - the two largest gold consumers - that has extended for several months.

Neighbors of the man told Czech media that they believe he is mentally ill, but does not appear to be an extremist.

General Motors Co (NYSE: GM) will recall 249,260 mid-size sport utility vehicles to correct a potential fire hazard, a U.S. government safety agency said.