IBT Staff Reporter

Sound the alarm - iOS 5 has already been jailbroken. The guys over at iPhone Dev-Team have put out a tethered jailbreak of Apple's latest offering. Hackers started working on the seventh beta version when it was released Sept. 12, a full month prior to Wednesday's official release date. This jailbreak requires Redsn0w to reboot and doesn't work with the latest devices - the iPhone 4S and the iPad 2 - but it does work on both versions of the iPod Touch, iPhone 3GS and 4

Marvel and comiXology release a comics app for the Android OS

Apple's latest smartphone iPhone 4S, which was unveiled on Oct. 4, smashed previous pre-order records after receiving 1 million iPhone 4S preorders, and sold out in the form of preorders on AT&T, Verizon and Sprint, will hit the shelves of the three major carriers on Friday. Many people on Thursday have been in line to get their hands on the iPhone 4S, which will go on sale on Friday at 8 a.m nationwide. You can buy iPhone 4S at these 6 places:

With pre-orders for the 4S rolling in at a record high, many are trying to get rid of their iPhone 4 at used electronics stores and websites. Little did they expect, what they'll receive in cash back is dropping faster. If at all, the time to sell is probably now.

Apple Inc's new iPhone went on sale in stores across the globe on Friday, prompting thousands to queue around city blocks to snap up the final gadget unveiled during Steve Jobs' life.

Stock index futures added to gains on Friday as data on September retail sales came in stronger than expected.

Just one day before Apple's iPhone 4S hits store, the team from iFixit disassembled the iPhone 4S and took a peek inside the new smartphone and posted photos. The results suggest that the iPhone 4S is not so good as Apple claimed and we thought earlier. The iPhone 4S features A5 dual-core processor, 8-MP camera, up to 64 GB storage capability, iOS 5 and iCloud.

Just one day before Apple's iPhone 4S hits store, the team from iFixit disassembled the iPhone 4S and took a peek inside the new smartphone and posted photos. The results suggest that the iPhone 4S is not so good as Apple claimed and we thought earlier. The iPhone 4S features A5 dual-core processor, 8-MP camera, up to 64 GB storage capability, iOS 5 and iCloud.

Rupert Murdoch's multi-million dollar campaign to win back the hearts and minds of News Corporation's independent investors suffered a new blow on Friday after another key shareholder group called for his eviction from its board.

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc and hopes the euro zone will continue progress toward a solution to its debt crisis.

Apple's latest device iPhone 4S preorders were sold out at wireless carriers AT&T, Verizon and Sprint on Thursday, Oct. 13, just one day before the device officially hits the retail shelves.

Apple's iPhone 4S, the last product created under Steve Jobs, hits the stores on Friday and the pre-orders for the smartphone were sold out ahead of store launch, reports AT&T, Verizon and Sprint Web sites.

Oct 14 - Germany's SAP , the world's biggest maker of business software, reported a jump in its third quarter sales and profits, sending its shares more than 3 percent higher on Friday.

China's consumer inflation dipped to 6.1 percent in September, retreating further from three-year highs, although stubborn food price pressures will deter the central bank from loosening its policy reins anytime soon.

Standard & Poor's cut Spain's credit rating on Friday, sending the euro lower and underlining the challenges facing Europe's big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis.

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc. and hopes the Eurozone will continue progress toward a solution to its debt crisis.

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc and hopes the euro zone will continue progress toward a solution to its debt crisis.

Mobile handset maker Sony Ericsson said on Friday it would in future focus entirely on the fast-growing smartphone market as it posted in-line quarterly profits, making no reference to a report electronics giant Sony would take full ownership.

Mattel Inc , the world's largest toy company, reported higher-than-expected quarterly sales, helped by favorable exchange rates and strong sales of its Barbie dolls.

The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

The euro zone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

Mobile phone maker Sony Ericsson will focus entirely on the booming smartphone market, going head to head with rivals like Apple and underlining the importance of a tie-up with Sony amid reports the electronics giant is preparing a buyout.

Apple Inc's new iPhone went on sale in stores across the globe on Friday, with fans snapping up the final gadget unveiled during Steve Jobs' lifetime, many buying the phone as a tribute to the former Apple boss.

Japan's Olympus Corp fired its CEO and president over the Briton's management of the camera and endoscope maker, sparking a 17 percent plunge in the firm's share price on Friday.

Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.

Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.

Standard and Poor's cut Spain's credit rating on Friday, sending the euro lower and underlining the challenges facing Europe's big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis.

The euro zone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

Hyundai Oilbank, South Korea's smallest crude oil refiner, has narrowed down a group of banks to handle its up to $2 billion IPO planned for early next year, with Goldman Sachs, Credit Suisse, and Citigroup among the firms selected, sources with direct knowledge of the matter said on Friday.