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Samsung Electronics Co has filed patent lawsuits against Apple over the U.S. firm's iPhone and iPad in a tit-for-tat case after Apple claimed Samsung's smartphones and tablets slavishly copied its products.

Korean electronics giant Samsung fired back at Apple's patent lawsuit, filing its own claim in South Korea, Germany and Japan.

Verizon Communications Inc gained wireless subscribers with Apple Inc's iPhone, but the effect on its financials failed to impress investors, who sent its shares down 2.3 percent.

Samsung Electronics Co has filed patent lawsuits against Apple over the U.S. firm's iPhone and iPad in a tit-for-tat case after Apple claimed Samsung's smartphones and tablets slavishly copied its products.

Apple's iPhones and Google's Android phones send back data about the locations of the users to the technology companies, the Wall Street Journal reported on Thursday.

Apple is hitching its smartphone wagon to gaming big time, finally! Apple is letting select developers play around with an iPhone 4 which is implanted with an A5 chip rather than the A4 in order that they can bring out the full gaming prowess on the upcoming iPhone 5. If the gaming slant of the iPhone materializes it would go to prove rumors that Apple was delaying the launch for the iPhone 5 for strategic reasons and not so much because of logistical constraints.

Android phones can also trace users' movements, according to a security researcher who published his findings at github.

Verizon added 906,000 new customers and sold 2.2 million iPhones in two months.

During a conference call Thursday morning, Francis Shammo said that Apple's next iPhone is likely to be a world phone capable with all of the world's CDMA networks.

Apple Inc must clear up a string of open questions about user data stored by its iPhone, iPad, and other devices, a spokesman for Germany's consumer protection ministry said on Thursday.

Apple Inc's iPhone pushed Verizon Communications Inc's wireless subscribers higher in the first quarter but it also took a toll on profits, sending shares down 1.8 percent.

Minnesota Senator Al Franken has called out Apple after reports emerged that the company's products were keeping detailed records of the location data of their users.

Calling Samsung a valued component supplier, Apple's chief operating officer said that the South Korean company had gone too far.

In a two-page letter sent to Apple CEO Steve Jobs, Franken discusses what he calls the worrisome existence of the iPhone's and iPad's extensive location data.

Verizon Communications Inc posted strong first-quarter growth in wireless subscribers helped by sales of the Apple Inc iPhone.

Apple iPhone and iPad secretly records a user's whereabouts o the device in unencrypted format making it accessible to other users and programs running on the machine.

Researchers at a technology conference in San Francisco on Wednesday have accused Apple of breaching the privacy line of consumers by storing user's location and other details in a secret file.

The top after-market NASDAQ Stock Market gainers are: Select Comfort, Plexus, F5 Networks, Datalink, TradeStation Group, Qualcomm, and Apple. The top after-market NASDAQ Stock Market losers are: Lam Research, Sina, Gilead Sciences, Amgen, and Cheesecake Factory.

The iPhone 5 media overkill can resume now, with a Reuters snap report from Hong Kong late on Wednesday saying that Apple will begin production of the much-awaited device in July and that the product could hit stores in September.

Apple Inc blew past Wall Street expectations for its fiscal second quarter, fueled by solid demand for iPhones, sending its shares up 3 percent after hours.

Apple posted record second quarter profits on Wednesday, but sales of its iPad tablet took a hit.