COMPANIES

iPhone 5 Feature? Apple Introduces NFC Patent For iTunes Gift-Giving [PICTURES]

iPhone 5 Features - Apple Develops NFC Patent For Gift-Giving Through iTunes
Recently-granted patents suggest Apple will implement a near-field communication (NFC) chip into its sixth-generation iPhone -- presumably called the iPhone 5 -- but in addition to sending and receiving payments from customers to merchants, Apple will also reportedly use this chip to send and receive gifts from one iPhone to another.

Technology Focus: ?Big Data? Goes Consumer, Too

Technicians monitor data flow in the control room of an internet service provider.
It?s not just enterprises and government agencies that are already starting to benefit from the new era of so-called ?Big Data.? Consumers are already beneficiaries, even if they don?t know it.
More news

Farmers, Scientists Protest USDA Approval Of Dow's 'Agent Orange Corn'

Consumer, producer, and environmental groups are concerned that Dow AgroSciences appears to be on the cusp of winning U.S. regulatory approval for genetically engineered corn -- a move that could potentially have devastating consequences by encouraging the increased use of the herbicide 2,4-D.
Wells Fargo

Wells Fargo Enters Prime Brokerage World With Merlin Acquisition

Wells Fargo & Co. (NYSE: WFC) annouced Friday the acquisition of prime broker Merlin Securities LLC for an undisclosed amount. The move is the bank's first move into prime brokerage services, which provides clients such as hedge fund managers to records-handling and trade-clearing services.
IBTimes Logo

Samsung Becomes World's Largest Handset Maker, Nokia's 14-Year Run Ends

After reporting record profit for the first quarter of 2012, South Korean tech giant Samsung Electronics has achieved yet another outstanding feat. The company has become the world's number one handset vendor, thereby ending Finnish firm Nokia's 14-year run as the global leader, according to a latest research from Strategy Analytics.
Samsung Galaxy S3 Official Release

Galaxy S3 Name Is Official And Strong Sales Expected, Says Samsung Executive

As far as the name and features of the new Galaxy phone is concerned, the Korean electronics giant had managed successfully to keep them under wraps until Thursday when senior vice-president Robert Yi revealed the name of what the company calls its Next Galaxy. And, yes, we predicted it right, the names is indeed Samsung Galaxy S3!
Chesapeake CEO

SEC Launches Probe Of Chesapeake Energy-CEO Arrangement

The Securities and Exchange Commission launched a probe on Thursday of a program by Chesapeake Energy Corporation (NYSE: CHK) that let its founder and CEO get an ownership interest in any well drilled by the second-largest U.S. natural gas producer.
IBTimes Logo

Emily Herx Fired From Catholic School Teacher After Fighting For 'The Right To Have A Family'

An Indiana teacher was fired from a Roman Catholic school after undergoing in vitro fertilization, which the Church strictly shuns, according to the Associated Press. The 31-year-old former educator, Emily Herx, is filing a lawsuit claiming that her termination last June was a result of discrimination. The case could spark serious legal controversy over reproductive rights and religious rights.
IBTimes Logo

World Trade Center Construction Featured in 2 Minute Time-Lapse Video, Will It Surpass The Empire State Building As The Tallest?

One World Trade Center, currently under construction in Lower Manhattan at the site of the 9/11 terrorist attacks, could end up being the tallest building in New York City, surpassing the Empire State Building as soon as next week. In honor of the construction process, EarthCam, an international webcam technology company, released a two minute-long time-lapse of the progression of the tower.
ExxonMobil

Exxon Mobil 1Q Earnings Fall As Output Slips

Exxon Mobil Corp, the world's largest publicly traded oil company, posted a lower first-quarter profit on Thursday as its oil and natural gas production slumped more than 5 percent, pushing its shares down 1.1 percent premarket.
Sprint to Launch ZTE Optik in February – Rumored Specs of the Affordable Tablet

Sprint To Continue Unlimited Data Plan For Next iPhone

After confirming to offer an unlimited data plan for its upcoming 4G LTE network at the beginning of this month, Sprint Nextel has confirmed that it will not change the plan even when the next iteration of iPhone arrives.
James Tapke

Dad Locks 12-year-old Daughter In Dog Cage: Was it A Joke?

James Tapke, 41, of Ohio, was sentenced to 30 days in jail for a misdemeanor charge of binding his 12-year-old daughter with duct tape and locking her in a metal dog cage. Tapke claims the incident, dating back to January, was just a joke.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.