IBT Staff Reporter

Chicago residents and tourists will miss watching the Independence Day firework display at Grant Park, as part of Taste of Chicago event, as the city decided to forgo the celebration due to a budget shortage.

Increasing cyber attacks in recent months have led Google to add an anti-phishing feature in Gmail that automatically displays the sender’s address for some messages.

The heat is building between Apple and Samsung as issues over patent infringement filed lawsuits and accusations have sparked media attention between the two tech giant's escalating rivalry. Official injunctions were filed by Apple to try and block four of Samsung's mobile devices from hitting the U.S. market. The four Samsung devices listed were Galaxy S 4G smartphone, Infuse 4G smartphone, Droid Charge smartphone, and the Galaxy Tab 10.1. Apple's devices included iPhones and iPads....

The Tour de France opening stage 1 begins today on Saturday July 2. This year's tour will feature a premier battle between defending champion Alberto Contador of Spain and runner-up Andy Schleck of Luxemburg.

Web hosting company The Go Daddy Group Inc agreed to be bought by a private equity consortium led by KKR and Silver Lake for $2.25 billion, including debt, people close to the situation said on Friday.

Members of Cuba's small Twitter community gathered on Friday for the first time to put faces to names in a meeting where political viewpoints were off limits but complaints about the island's poor Internet connections were not.

America's 235th Birthday is just days away. Family and friends come together on this national summer holiday to barbeque, picnic, watch games, fireworks, party and have fun. It is a time to celebrate as a nation and as a people.

Former IMF chief Dominique Strauss-Kahn was released from house arrest on Friday after prosecutors said the hotel maid who accused him of attempted rape lied to a grand jury and made other false statements.

At the auction for Nortel Networks' wireless patents this week, Google's bids were mystifying, such as $1,902,160,540 and $2,614,972,128.

She lied about being gang-raped in her home country. She cheated on her taxes. And she changed details of her story about being sexually assaulted by a man once seen as the next president of France.

President Barack Obama moved to fill two key posts in the ranks of financial regulators as officials work to complete new rules required by the Dodd-Frank Wall Street oversight law.

A pullback could be on the table next week for stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn't bolster the argument of a strengthening economy.

The National Basketball Association has erased all photos of the league's current players amid a lockout which has shut players out of all activities related to the league.

The Zynga IPO may be yet another way to buy Facebook and the future that is social networking.

François-Henri Pinault, 49, a French businessman and the husband of Hollywood star Salma Hayek has fathered the son of Canadian model, Linda Evangelista while Pinault and Hayek were married.

Apple App Store, launched in July 2008, crossed the 100,000 milestone on Thursday in terms of apps tailored specifically for the iPad. In comparison, Android Market has around 1,400 apps optimized for Android-based tablets.

Apple recently celebrated its 100,000th iPad app in the App store, setting a new milestone in the company’s history.

The media is abuzz with royal couple Prince William and Kate Middleton's visit to North America, and it is following every step of their trip, not to mention keeping an eye on Kate's wardrobe.

Web hosting company Go Daddy Group Inc announced on Friday it is being bought by a private equity consortium led by KKR and Silver Lake.

Apple asked a U.S. court to issue a preliminary injunction against Samsung on four patents in a dispute between the two companies, according to a court filing.

Apple, Microsoft, RIM and three other companies joined forces to outbid Google at an auction for Nortel wireless patents, a move that could result in big licensing fees for Google.

Gilt Groupe will likely be profitable before 2014 as new businesses being launched by the online flash-sales company mature, according to founder and chief executive Kevin Ryan.

Liu Bolin is a Chinese artist known for taking photographs of himself, painted in order to blend in with the background.

How much longer can Legg Mason Inc afford to back Bill Miller, the star investor whose onetime Midas touch has lost its luster?

New York state Attorney General Eric Schneiderman has issued subpoenas seeking new depositions from Bank of America's chief executive and other current and former executives, the Wall Street Journal reported, citing people familiar with the situation.

Zynga Inc, developer of popular Facebook games such as FarmVille and Mafia Wars, could be the best proxy for investing in Facebook until the world's largest social network goes public itself.

Facebook Inc is on course to generate $1 billion in revenue this year from social gaming, according to Kevin Ryan, a leading Internet entrepreneur and former chief executive of online advertising giant DoubleClick.

Google Inc's Chrome Web browser has grabbed more than 20 percent of global market share, while Microsoft Corp's long-time leader Internet Explorer has slipped below 50 percent, according to Internet statistics firm StatCounter.

Google, facing a flood of patent lawsuits, said it was disappointed after losing a multi-billion dollar auction for thousands of telecom, Web and Social Networking patents from bankrupt Canadian company Nortel to a rival group of companies which included Apple and Microsoft.