COMPANIES

The iOS 5.0.1 untethered jailbreak has opened up a horizon full of apps and the latest one that added in this list is Java app. Java, which Steve Jobs announced impossible to be integrated, can finally be integrated in iPhone, revealed Pwnagetool.

Trading in shares of Alibaba.com Ltd was halted on Thursday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 percent stake in it held by Yahoo Inc.

Samsung Galaxy S3, rumored to be the next flagship smartphone from the South Korean electronics giant, can be the thinnest smartphone in the world.

Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading.

Groupon Inc shares slumped Wednesday as the daily deal company's first quarterly results since it went public stoked concern about limited disclosure and slowing growth.

Foreign and U.S. banks warned lawmakers on Wednesday that broad application of U.S. swaps rules could undermine U.S. competitiveness abroad, increase the cost of hedging and even provoke brinkmanship among international regulators.

Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.

The watchdog board for corporate auditors on Wednesday said it has imposed a $2 million penalty, its largest fine ever, on accounting and consulting firm Ernst & Young LLP in a settlement involving past audits of Medicis Pharmaceutical Corp.

BP Plc won a court order Wednesday keeping several potentially damaging e-mails out of a scheduled trial to determine responsibility for the 2010 Gulf of Mexico disaster.

Groupon shares fell 12.53 percent to $21.50 as of 5:40 EST after closing up 1.61 percent to $24.58.

Following the precedent set by commercial airliners in December 2011, the U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing heavy flight bags with light and efficient Apple iPad 2s for the crews that fly cargo aircrafts.

Network equipment maker Systems Inc said second quarter earnings and revenue beat average estimates, leading it to increase its dividend.

Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.

Cisco Systems, the No. 1 provider of Internet equipment, reported second-quarter results that blew past estimates for both earnings and sales.

What is the value of your web usage data--everything you browse, search, click, view late at night, stumble upon or otherwise see on the internet--during the course of one month? If you ask Google, they'd say between $5 and $100, depending on exactly who that user is.

In the next year, ConocoPhillips expects to increase its Arctic footprint thank to a partnership with Singapore's Keppel Offshore and Marine.

Business networking site LinkedIn will reportedly acquire Rapportive, a Gmail add-on that provides information about your social contacts as you e-mail them. Sources close to the situation say LinkedIn offered the browser plug-in a figure in the low teens in millions of dollars.

Has Facebook, the No. 1 global social media site now seeking to go public, overlooked women, who constitute more than half of its 845 million members?

Greg Kelly is the son of NY Police Commissioners Ray Kelly.

U.S. exports to Turkey total about $10 billion a year in 2010, up about 40 percent from 2009, according to U.S. government data.

Concerns about shrinking profit margins at Silicon Graphics International sparked a sell-off in the company's stock that wiped away a quarter of its value, a day after it posted weak quarterly results and slashed its full-year earnings outlook.

There's been a lot of news coming from streaming video services recently. Earlier this week, Redbox, the movie rental service, announced a new joint venture with Verizon through which the companies will offer a streaming video service. Not to be outdone, Amazon has announced a deal with Viacom, Inc. that will allow Amazon Prime members to stream TV shows from Viacom-owned television stations such as Comedy Central, Nickelodeon, TV Land, Spike, VH1, BET, CMT, MTV and others.

On Monday rumors emerged predicting a later than expected worldwide release date for the iPad 3 around April, adding that an on-going trademark lawsuit in China may delay the tablet's launch there for the foreseeable future.

The European Aviation Safety Agency ordered the entire Airbus A380 fleet inspected for wing cracks.

Shares of Rambus soared as much as 12 percent before the market opened Wednesday after the company reached a cross-licensing deal with Nvidia.

Struggling Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving smartphone assembly work to Asia.

Chrome, Google's most popular Web browser, is now available on Android and people, who have been fortunate enough to own an Android smartphone or tablet running on the latest Ice Cream Sandwich, will be the ones to experience the new browser and its fantastic features.

Rumors are rife that iPhone 5 is coming soon and Apple's next generation smartphone will have some stunning features which will outshine those of all its competitors.

Hackers sought $50,000 from U.S. anti-virus firm Symantec Corp in return for the stolen blueprints to its flagship products under what the company says was a sting operation run by an undisclosed law enforcement agency via emails.