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Apple iPad 5 Rumors

Apple Settles Over New iPad '3' Advertising In Australia, Pays $2.25 Million For Misleading '4G LTE' Ads

Apple has been officially reprimanded over its misleading advertising in Australia of the term 4G for new iPad 3. No considerable penalty here: According to The Australian, Apple has agreed to a $2.25 million settlement in Australian courts after the Australian Competition and Consumer Commission (ACCC) won a battle alleging the Cupertino, Calif.-based company misled customers about the new iPad's touted features.

Chesapeake Energy Selling Pipelines For $4B

Chesapeake Energy
Chesapeake Energy Corporation (NYSE: CHK), the nation's second largest natural gas producer, is seeking to patch its $22 billion shortfall brought on by dropping natural gas prices by selling its midstream pipeline assets to Global Infrastructure Partners for $4 billion, the company announced Friday.
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Iranian flags are pictured on the roof of the presidential office in Tehran

Iran, IAEA Resume Talks On Nuclear Probe

Iran and the International Atomic Energy Agency (IAEA) Friday resumed talks in Vienna, hoping to sort out the differences on conducting investigation into the alleged nuclear weapon program in the Islamic republic.
Japanese Bank Note

Japan?s Q1 Economic Growth Revised To 1.2%

Japan's economy grew more than the initial estimate in the first three months of the year from the preceding quarter, indicating that the country is slowly regaining the growth momentum.
A man walks past a stock quotation board showing Japanese companies' stock prices outside a brokerage in Tokyo

Japan's Nikkei Falls Amid Global Concerns

Japan's Nikkei 225 Stock Average fell Friday as lack of indications of more monetary stimulus in the U.S. by the Federal Reserve undermined the interest rate cut by China.
Facebook

Facebook Falls Again: 3 Week Loss Is $48 Billion

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell nearly 2 percent on Thursday, exactly three weeks after the company took in $16 billion in its initial public offering.
Apple iPhone 5: Major Features, Specs, Schematics Released By Repair Site [REPORT]

Rumored iPhone 5 Features: Apple Building Thinner, Superior Cameras [REPORT]

Little by little, we've been piecing together the puzzle known as the iPhone 5. We already have a pretty good idea of what the iPhone 5 will look like, but we are still largely uncertain what will be inside the phone. According to a research note, Apple will make significant improvements to the entire camera infrastructure in the iPhone 5, all while decreasing the overall thickness of the phone.
A general view of Spyker Cars Saab factory in Trollhattan

Saab Sold For One-Third Of What GM Valued It At

Sino-Japanese joint venture National Electric Vehicle Sweden AB (NEVS) has paid a paltry 1.5 billion to 1.8 billion kronor ($210 to $250 million) for defunct Swedish carmaker Saab Automobile AB.
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Fitch Cuts Spain's Credit Rating; Euro Falls

Fitch Ratings on Friday downgraded Spain's long-term sovereign credit rating from A to BBB, just one notch from junk grade because of the increasing estimated cost of fixing the country's banking system from 3 percent of GDP to as much as 9 percent, or ?100 billion ($126 billion).
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Gold Prices Fall, Ending Six-Day Rally

The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.
WWDC 2012 Keynote Live Blog

WWDC 2012 Preview: Apple Expected To Update Every Mac; What About iPhone?

We're just four days away from the start of the 2012 Worldwide Developers Conference (WWDC) in San Francisco, which is expected to be one of the biggest Apple events of the year. A new report says that Apple will introduce as many as 14 new Mac models at WWDC, including desktop computers (iMac and Mac Pro) and laptops (MacBook Pro and MacBook Air), among other products.
Best Buy

Best Buy Founder And Chairman Richard Schulze Resigns

Richard Schulze, the founder and largest shareholder of Best Buy Co. (NYSE: BBY), the biggest U.S. electronics chain store, told the company's board Thursday he is resigning, effectively immediately. A reason for the abrupt departure was not publicly disclosed.

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