IBT Staff Reporter

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iPhone 4 camera killer is the new T-Mobile myTouch 4G. Is iPhone 5 nervous?

Android users may now rejoice as T-Mobile unveiled their latest and greatest smartphone the myTouch 4G Slide with advanced camera features to rival Apple's iPhone 4. An enhanced version of the myTouch 3G Slide can be seen in the new myTouch 4G camera hardware and software, which is considered an iPhone 4 camera killer.

Brazil backs France's Lagarde in IMF race

Brazil on Tuesday backed French Finance Minister Christine Lagarde as the next head of the International Monetary Fund, aligning itself with other big emerging markets such as China instead of its Latin American neighbors.

Wall Street rises for second day on Greece

Stocks rose for a second day on Tuesday as optimism grew that a solution to the Greek debt problem was near, boosting investor appetite for risky assets as equities recouped some of their recent losses.

U.S., India pledge cooperation on market access

Finance chiefs from the United States and India pledged on Tuesday to continue efforts to open up India's financial, retail, manufacturing and infrastructure sectors to competition but offered no specific measures to boost access for American firms.

Google boasts 500,000 Android activations per day

Consumers are activating more than half a million Android devices every day, an increase of about 25 percent from early May, according to Andy Rubin, who heads Google Inc's Android software business.

Home price decline eases, but consumers gloomy

The drastic plunge in home prices continued to level off in April, hinting at stabilization in the housing market, but job market worries pushed consumer confidence to a seven-month low in June.

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