IBT Staff Reporter

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Apple Files EU Patent Complaint, Motorola Mobility Says

Apple Inc. has requested European Union antitrust regulators to step in and settle a technology patent dispute between the company and Motorola Mobility Holdings Inc., according to a Motorola Mobility regulatory filing on Friday.

Apple did not infringe HTC technology: ITC

Apple Inc did not infringe patented technology owned by Android phonemaker HTC Corp, the U.S. International Trade Commission said on Friday, the latest ruling in the wide-ranging smartphone patent wars.

Got white girl problems? Babe Walker does, too

Have a white girl problem and don't know where to turn? Babe Walker, Twitter's snarky, self-obsessed socialite has produced the definitive guide on how to deal with life's trivial issues in a new novel out this month.

Megaupload faces more copyright, wire fraud charges

A U.S. grand jury added more charges against file-sharing website Megaupload and its executives, and also accused them of taking copyrighted content from sites such as YouTube for its own service, according to a new indictment released on Friday.

Dreamworks Animation heads to China

Kung Fu Panda creator Dreamworks Animation SKG Inc plans to build a production studio in Shanghai with some of China's biggest media companies, a landmark deal that gives the company a foothold in one of the largest untapped markets for Hollywood.

Union pushing U.S. companies to reveal auditor ties

The $40 billion United Brotherhood of Carpenters pension fund, a long-time investor rights activist, is asking more than a dozen U.S. companies to start disclosing how long they have had the same outside auditor.

MSG returns to Time Warner Cable in new agreement

Time Warner Cable subscribers will finally be able to catch the recent rise of basketball sensation Jeremy Lin of the New York Knicks, thanks to a new agreement struck with MSG Network, a spokesman for the cable company said.

Mitsui unit to pay $90 million over Gulf oil spill

Mitsui & Co Ltd's MOEX Offshore agreed with the U.S. Justice Department to pay at least $90 million to settle some of its liability in the Deepwater Horizon oil spill, the first government settlement involving the BP Plc Macondo well.

Avon names new head of China unit

The head of Avon Products Inc's Canadian unit will become president of the cosmetics company's China business next month as the company contends with sliding sales there and a probe into alleged bribery of officials in that country.

U.S. SEC Broadens Its Probe of Exchange-Traded Funds

Prompted by a delay in a big trade of a popular exchange-traded fund, the U.S. Securities and Exchange Commission is taking a closer look at a possible connection between high-frequency traders and hedge funds jumping in and out of ETFs, among other areas, according to a person familiar with the matter.

Falcone sounds defiant note on LightSquared

Hedge fund manager Philip Falcone told investors he will not quit plans to build a national mobile broadband service even after the startup wireless company he is backing suffered a serious regulatory blow this week.

Carlson says former manager got illegal tips

Carlson Capital, a hedge fund based in Dallas, said on Friday that one of its former portfolio managers had received inside information from a industry consultant who has been arrested and charged with illegally passing on inside information.

U.S. asks CVS about its prescription discount plan

CVS Caremark Corp said it received requests for information about a prescription drug discount program it runs for uninsured or under-insured individuals from both the U.S. government and the Texas Attorney General.

Italian police seize $6 trillion of fake U.S. bonds

Italian police said on Friday they had seized about $6 trillion worth of fake U.S. Treasury bonds and other securities in Switzerland, and arrested eight Italians accused of international fraud and other financial crimes.

No MF Global customer cash in JPM account: trustee

The trustee managing the assets of bankrupt MF Global Holdings Ltd said none of the roughly $26 million being used to fund the futures brokerage in Chapter 11 is part of a $1.6 billion shortfall in customer accounts.

Venture capital sees big returns in big data

When Jason Goldberg set out to raise a new round of funding for his flash sales site Fab.com, he dispensed with the usual PowerPoint presentations and instead gave potential investors a look at the crown jewels: the dashboard of real-time analytics that can instantly spot trends and enable the site to tweak its offerings on the fly.

Kikukawa helped obtain funds for Olympus cover-up: report

Feb 18 - Former Olympus Corp president Tsuyoshi Kikukawa aided the firm in securing 70 billion yen, a part of which was allegedly used to conceal massive investment losses, the Nikkei business daily reported, citing unnamed sources.

Kinnucan charged, ex-exec guilty in insider case

An outspoken research analyst who made waves by refusing to cooperate in the U.S. government's broad insider-trading probe was charged with illegally supplying hedge funds with tips as part of his consulting service.

Briton jailed for extensive Facebook hack

A British student, who hacked into Facebook's internal network risking disastrous consequences for the website, was jailed for eight months on Friday in what prosecutors described as the most serious case of its kind they had seen.

Hackers Target Putin's Vote-Monitoring System

Hackers have tried to crash a vast network of Web cameras which Vladimir Putin has ordered to allay fears of vote-rigging in the March presidential election, a deputy minister said on Friday.

Hackers target Putin's vote-monitoring system

Hackers have tried to crash a vast network of Web cameras which Vladimir Putin has ordered to allay fears of vote-rigging in the March presidential election, a deputy minister said on Friday.

Kinnucan, ex-SanDisk exec charged in insider probe

A research analyst who made waves by refusing to cooperate in the government's broad insider-trading probe was charged with illegally passing tips he gleaned from technology company insiders to hedge funds.

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