IBT Staff Reporter

After a two-month long wait and disappointment of not hearing anything about the next generation iPhone in its annual Worldwide Developers Conference (WWDC), iPhone fans will finally see iPhone5 launch in the first week of September.

Sega, the latest victim of hackers, has confirmed on Saturday that personal data of 1.29 million customers was stolen. Just a day before, Sega announced that they had identified that unauthorized entry was gained to their SEGA Pass database, accessing customers' names, e-mail addresses, dates of birth and encrypted passwords. Sega immediately isolated the location of the breach to protect the data, and launched an investigation.

This year's NBA Finals polarized basketball viewers, with Miami Heat fans standing by their team--and many more hoops fans loving to hate the Heat for the boasts the team's three stars made before the season even began.

European Central Bank President Jean-Claude Trichet on Sunday raised concern about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy.

Warren Buffett-backed Chinese carmaker BYD Co Ltd <1211.HK> will raise a less-than-expected 1.42 billion yuan ($219 million) in its initial public offering in Shenzhen, weighed down by weak investor sentiment and worries over its poor performance.

A wave of spam clogged Kindle, the online bookstore, with material that is not only unworthy of reading but also poses threat to Amazon.com Inc’s push into self-publishing.

Boeing dismissed a challenge by Airbus to its largest twinjet aircraft on Sunday after the European jetmaker delayed the launch of the A350-1000 to develop a bigger engine.

Boeing Co's 747-8 Intercontinental, the new elongated passenger version of its legendary jumbo jet, made its international debut on Sunday, under cloudy skies after a half-hour delay due to wind.

Despite Tottenham making it clear in no uncertain terms that their creative midfielder, Luka Modric, is not for sale, Chelsea will attempt a second bid, by using Michael Essien in a cash-plus-player deal, at bringing the Croatian to the Bridge.

Japan's IHI Corp <7013.T>, Mitsubishi Heavy Industries <7011.T> and Kawasaki Heavy Industries <7012.T> will help develop Airbus's aircraft engines by providing their carbon fiber-related technologies, the Nikkei business daily said on Sunday.

Japanese video game developer Sega Corp said on Sunday that information belonging to 1.3 million customers has been stolen from its database, the latest in a rash of global cyber attacks against video game companies.

US Department of Energy will offer a conditional guarantee as part of a $150 million loan to 1366 Technologies Inc for the development of a multicrystalline wafer manufacturing project.

New York Post has set up a new paywall blocking iPad access via Safari, a web browser, to its website directing the users to download the publication's app through the App Store.

American carmaker General Motors plans to invest $32 million in its Spring Hill plant and $33 million in Tonawanda Powertrain plant that will help together create or retain 163 jobs in the United States.

New satellite pictures show skyscrapers townships completely empty in China that have been completely abandoned after construction.

Europe risks wasting more money for nothing if it keeps pumping billions into the ailing Greek economy, the head of Pimco, the world's largest bond fund, said in an interview published on Sunday.

Android operating system’s strong integration with existing Google products and the wide offering of devices and carriers, makes it a strong challenger for Apple’s iPhone and iPad.

Thousands of Greeks marched on parliament on Saturday in a show of unabated public anger after Prime Minister George Papandreou vowed to push on with an austerity campaign that a poll showed half the country opposed.

Famous saxophonist Clarence Clemons, who has devoted his life to E Street band for 4 decades died on Saturday, leaving Bruce Springsteen heartbroken.

Suppose a beautiful lady walks by on your TV screen. What if they not only trigger your emotions and minds through your senses of sight or sound but your sense of smell as well? What if you actually smell her perfume? Is it possible? “Yes, it is quite doable.”

Europe's delayed and over-budget military transport plane suffered yet another embarrassing setback on Sunday when manufacturer Airbus was forced to curtail its debut appearance at the Paris Air Show.

This morning, Draft Express tweeted that the Golden State Warriors offered Monta Ellis, Andris Biedrins, and Ekpe Udoh for Orlando Magic's Dwight Howard.

Sporting a monster sized screen with high definition capabilities, dual processor, very thin size, and Android Ice Cream Sandwich OS, Google's Nexus 4G could give Apple's iPhone 5 some heavy competition as both devices are set to have similar release dates.

President Barack Obama and House Speaker John Boehner put aside their political parties and teamed up for a triumphant golf game over Vice President Joe Biden and Ohio Republican Governor John Kasich.

Designers have looked to Apple for cool inspiration in Smartphone development since the launch of the original iPhone. With many speculations around the upcoming iPhone 5, many are anxiously awaiting for each and every image leak on Apple's latest design.

Oxfam, a UK based international aid group, released its interesting findings from a new global food survey, which pointed that globally there are two major reasons why people change their diets: rising price of food or health reasons. In addition, the public opinion poll report highlighted world's top 10 favorite foods.

The 20-year-old single mom Bristol Palin has revealed all the details of her affair with Levi Johnston, including how she lost her virginity, in her upcoming new book – “Not Afraid of Life: My Journey So Far”.

Europe needs to co-operate on the next generation of military drones or it will repeat costly divisions which led to rival combat jets competing for the same orders, aerospace group EADS warned on Sunday.

Dr. Werner Spitz testified on Saturday duct tape found on or near Caylee Anthony's skull was not placed on her face before her body began to decompose.