IBT Staff Reporter

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BlackBerry outages irk India, threaten key RIM market

A four-day service outage has cast a shadow over BlackBerry's reputation in India, one of the smartphone maker's few growing markets, where the frustration of hundreds of thousands of users could mean a chance for its rivals to gain ground.

European shares set for stronger open

European stock futures rose on Friday, shrugging off weakness in Asian equity markets on concerns about sluggish global growth, while another sovereign debt ratings downgrade briefly pushed the euro lower.

Jackson trial focuses on singer's Demerol use

A sleep medicine expert testified on Thursday that Michael Jackson's reliance on the painkiller Demerol could have led to insomnia, but said the singer's doctor still erred by giving him propofol to sleep.

Euro zone crisis set to dominate G20 Paris meeting

G20 finance chiefs and central bank heads from the world's biggest economies meet in Paris on Friday needing to find a solution to a deepening euro zone debt crisis that has fanned fears of a global recession.

BRIC countries in talks to boost IMF: report

Brazil, Russia, India and China are working on ways to contribute money rapidly to expand the effective funds of the International Monetary Fund, the Financial Times reported on Friday, citing people familiar with talks among the countries.

Solyndra Investor Promoted Panels to Navy: Report

One of the largest private investors in failed solar firm Solyndra recommended the company's panels for a U.S. Navy contract at a time when the company was struggling with cash flow, the Wall Street Journal reported on Thursday.

Solyndra investor promoted panels to the Navy: report

One of the largest private investors in failed solar firm Solyndra recommended the company's panels for a U.S. Navy contract at a time when the company was struggling with cash flow, the Wall Street Journal reported on Thursday.

New iPhone goes on sale, fans say tribute to Jobs

Apple Inc's latest 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.

Apple must show patents valid in Samsung case: judge

A U.S. judge said that Samsung Electronic's Galaxy tablets infringe Apple Inc's iPad patents, but added that Apple has a problem establishing the validity of its patents in the latest courtroom face-off between the technology giants.

FCC presses AT&T on jobs claims for merger

A federal telecommunications regulator asked AT&T Inc on Thursday to provide data on claims that its deal to buy T-Mobile USA would mean a net gain of U.S. jobs, saying its responses on this issue remain incomplete.

Obama says Iran to face toughest possible sanctions

President Barack Obama warned Iran on Thursday it would face the toughest possible sanctions for an alleged plot to kill the Saudi ambassador in Washington, as Treasury officials eyed action against the Iranian central bank.

Asian Shares Edge Lower on Caution over Global Growth

Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.

Asia shares edge lower on caution over global growth

Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.

Hulu sale called off after months of talks

An attempted sale of online video website Hulu has fallen through after months of difficult and complex negotiations between owners such as Walt Disney Co and potential buyers.

SEC tells companies to disclose cyber attacks

U.S. securities regulators on Thursday issued guidelines for public companies to follow in disclosing cyber attacks following a rash of Internet crimes that caused lawmakers to call for clearer guidance on reporting the crimes.

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