IBT Staff Reporter

With the announcement that Apple is planning production of 25 million iPhones units by the end of 2011, there is little doubt that the release of the next generation iPhone, dubbe iPHone 5, is round the corner.

Older women just want to have sex, according to a recent release by the Kinsey Institute, whereas men like to cuddle.

Rupert Murdoch was expected to fly to London to tackle a scandal engulfing his media empire while journalists prepared the last edition of a best-selling weekly they say he has sacrificed to protect plans to expand his television business.

Reports suggest Chelsea have given up on their pursuit of signing midfield magician Luka Modric from Tottenham Hotspur, after spending half the summer trying to lure him to Stamford Bridge.

A new study says America's obesity rates continue to rise.

The spectacular image shows Pico Viejo crater in the foreground, located on Tenerife in the Canary Islands of Spain.

The battle over the telescope's fate is a political one.

Tempers flare when the Red Sox take on the Orioles in an AL East clash.

A look back at the life of Former First Lady Betty Ford

Before leaving Canada, the Duke William and Kate Middleton, the Duchess of Cambridge visited the zoo and were given a royal send off at Rotary Challenger Park on Friday. The couple is now on a royal tour of California from July 8 to July 10. Here are the couple’s photos of last moments in Calgary, Canada and the first moments in Los Angeles, California:

The television weathercasters are becoming more and more stunning and beautiful over the years and some have attracted more viewers than even prime time shows.

Samsung Galaxy S II, iPhone 5’s potential rival, which has already hit 3 million with its handset units in UK within 55 days is still stuck in rumors about its arrival in US.

Austria is still grappling with its Nazi past

Google+, the new social networking service from Internet search engine giant, is threatening to replace Facebook as the world's No.1 social networking site if the insane demand Google+ invites have received is any indication.

President Barack Obama said on Saturday political sacrifices will be needed by both Democrats and Republicans to break a budget impasse and avoid a looming debt default.

Apple is expected to launch Mac OS X Lion probably next Thursday, July 14.

Wall Street heads into earnings season next week playing a typical game: Worrying about results a lot, and then rallying on pleasant surprises.

Motorola has slashed the price of XOOM tablet in US and in Taiwan to $499 putting it at the same price as its rival, 16 GB WiFi iPad2. It is also offering free wireless keyboard and mouse with every Motorola purchase in UK.

Called escapist and puerile, romance novels are maybe bearing the brunt of too much criticism

The Mac OS X Lion, which is on its way to release this week, is meant to simplify the operating system to unify with the iOS experience.

Toyota Motor Corp's <7203.T> brand Lexus will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami, said Mark Templin, Lexus Division general manager.

Media and politicians both have to take responsibility for the state of affairs

Dismal unemployment figures on Friday complicated efforts to avert a looming U.S. debt default, and a top Republican said negotiators were not close to a deal that would ensure continued borrowing.

Rupert Murdoch was listed three times in the Time 100 as among the most influential people in the world. He is ranked 13th most powerful person in the world in the 2010 Forbes' The World's Most Powerful People list.

Some of Rupert Murdoch's newspapers feasted on Friday on the demise of one of their own -- Britain's News of the World -- serving up headlines such as World's End and Hacked To Death.

Tropical Storm Calvin grew stronger during the day on Friday, July 8, and by early afternoon he was on the verge of hurricane-strength. The TRMM satellite provided a look under the hood of the storm and noticed the heavy rainfall at the center of its heat engine.

China and the Philippines have come to an agreement over the South China Sea dispute.

Betty Ford, the widow of President Gerald Ford, died Friday night at the age of 93, said the director of the Gerald R. Ford Presidential Library and Museum. Ford founded an addiction center in California after she struggled for years with relentless addictions to painkillers and alcohol

The initial public offering of Toys R Us, the world's largest toy retailer, is now expected in 2012, two sources told Reuters.