IBT Staff Reporter

61951-61980 (out of 154942)

BOJ easing likely if Tokyo intervenes in FX market

The Bank of Japan is expected to ease monetary policy this week to support a fragile economic recovery if the yen continues to rise quickly enough to trigger currency intervention, sources familiar with the central bank's thinking said.

Bank of Korea buys gold, first time since '97-'98

South Korea's central bank bought 25 tonnes of gold over the past two months in its first purchase in more than a decade, saying the time was ripe to boost its gold holding, but markets barely moved on the news.

iPhone 4 Price Drops. So What? Give Me an iPhone 5

More clues are piling up in regards to the release date of Apple's highly anticipated iPhone 5 set to hit the markets this fall. The latest news speculate that Target will be offering price drops on the iPhone 4 for five bucks if you trade in an old 3GS model. Customers can also purchase a 16GB iPhone 4 for $170 with a two year contract or go to Radio shack and get an iPhone 4 32GB model for $270.

Synchronoss Q2 beats Wall Street, ups FY11 outlook

Communication software maker Synchronoss Technologies Inc posted better-than-expected quarterly results, helped by a 13 percent jump in revenue at its largest customer, AT&T Inc, and raised its full-year outlook.

Adobe Loses HTML5 Battle to Apple

In an interview with TechNewsWorld, FivePaths founder Eric Leland stated "As the trend heads towards HTML 5, designers looking forward will have a strong incentive to learn HTML 5-capable animation frameworks, especially when Adobe develops them."

Adobe Edge Dives Into iPad and iPhones 'No Flash' Platform

The latest announcement by Adobe to work with HTML 5 with its new motion graphics software called Edge could open new doors for cross browser and mobile device compatibility. The popularity of HTML 5 continues its rise due to its compatibility with major web browsers, W3C specification, and support from Apple and Microsoft.

Kings of Leon Tour Cancels Remaining US Tour

The group's rep released a statement saying "We are so sorry to say Kings of Leon are canceling their entire US tour due to Caleb Followill suffering from vocal issues and exhaustion. The band is devastated, but in order to give their fans the shows they deserve, they need to take this break."

Man Plays XBox "Halo" Until He Dies?

A young man's death could be attributed to playing Xbox "Halo" marathons for up to 12 hours at a time. Chris Staniforth, a 20-year-old Brit, died in May from deep vein thrombosis, which is a condition triggered by sitting for long periods, and often occurs in people who sit through long flights.

U.S. business hopes debt deal clears way for trade

A deal to raise the U.S. debt ceiling after weeks of tough talks between the White House and Congress has raised hope leaders will now turn their attention to resolving difference blocking three long-delayed trade deals, U.S. business groups said on Monday.

Adobe Edge Embraces HTML5

The new release of Adobe Edge "allows web designers to bring animation, similar to that created in Flash Professional, to websites using standards likes HTML, JavaScript and CSS." "As the trend heads towards HTML 5, designers looking forward will have a strong incentive to learn HTML 5-capable animation frameworks, especially when Adobe develops them."

Tech firm says News International deleted emails

A technology firm has told British legislators it was aware of the deletion of hundreds of thousands of emails at the request of News Corp unit News International between April 2010 and last month, parliamentarian Keith Vaz said on Monday.

Adobe Admits Semi-Defeat in Flash vs. Apple War

In a semi-public concession of defeat in the Flash vs. Apple war, Adobe released a beta version of its newest program Edge. Edge is a developer program that works with HTML5 instead of Flash. The new release "allows web designers to bring animation, similar to that created in Flash Professional, to websites using standards likes HTML, JavaScript and CSS."

Sony to reform TV segment: report

Sony Corp will devise plans this month to reform its poor-performing television segment and even consider teaming up with other firms, the Nikkei business daily reported.

Is Hijacking Suspect D.B. Cooper Dead?

The FBI claims to have a "credible" lead in the mysterious case of a 1971 hijacking of a passenger airliner by a man known as "D.B. Cooper." The suspect is now dead, but a piece of the man's property handed over by an unidentified informant is currently being processed at the FBI forensic lab in Quantico, Va. for fingerprints to confirm if he, indeed, was the alleged hijacker.

Insurers to Pay for Women?s Health Screenings and Birth Control

The Obama administration announced Monday that private health insurers must pay for an assortment of women's health screenings, counseling and birth control. The benefits will begin on Jan 1, 2013 and will be offered "without cost-sharing" (no co-pay, co-insurance or deductibles).

Wall Street Falls On Debt Angst, Weak Economy

Wall Street fell for a sixth day on Monday on renewed angst about Washington's ability to reach a deal on raising the U.S. debt ceiling and following disappointing news from the manufacturing sector.

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