IBT Staff Reporter

Apple has tweaked its policy for in-app purchases to prevent users, especially kids, from making accidental virtual purchases.

Japan has issued tsunami warning after a massive 8.8 magnitude offshore quake on Friday, with reports of 'numerous' injuries and ships being washed ashore by waves, AP reported

Researchers have developed an all-optical, fiber-based switch, opening the doors for building an ultra-fast quantum internet.

(Corrects name of Bombardier plane in paragraph 2)

Chinese inflation topped expectations, with prices rising 4.9 percent in the year to February and looking set to climb faster in coming months, adding to pressure for another dose of monetary tightening.

Euro zone leaders are set to agree a competitiveness pact at a summit on Friday and will push Portugal to announce new reforms to increase market confidence as they seek to draw a line under the regions' debt crisis.

Google stands tall at the annual Pwn2Own hacking contest as its browser Chrome and mobile software stack Android survive hack attacks while Apple, Microsoft offerings falter.

Asian shares dropped after a massive earthquake hit Japan, including the capital Tokyo, darkening an already bleak mood caused by weak economic data and unrest in Saudi Arabia.

U.S. officials believe China's insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm's collapse in 2008, according to unpublished diplomatic cables.

Jessica Biel and Justin Timberlake have part ways, for real this time, with confirmations coming from the reps of the celeb couple.

Tracking celebrities in trouble used to be so easy. First, there was the problem, then a public apology followed by a trip to rehab and interview in People magazine or on Oprah Winfrey's talk show.

Asian shares dipped on Friday as spreading unrest in Saudi Arabia and weak economic data spurred some profit taking while the euro looked shaky after its biggest one-day fall versus the dollar in a month.

When Steve Jacobs joined Las Vegas Sands in 2009, the company was sinking.

A British man pleaded guilty on Thursday to committing mail and wire fraud in an investment scam selling worthless stocks of dormant and sham U.S. companies that bilked investors of more than $40 million.

Clearwire Corp CEO Bill Morrow has resigned in a wider management shake-up as the wireless operator tries to resolve a dispute with majority owner Sprint Nextel and fights to close a funding gap of billions of dollars.

General Motors Co finance chief Chris Liddell, who was passed over for the top job at the automaker last year, resigned suddenly on Thursday, renewing concerns about the automaker's stability at the top.

A federal judge limited the potential financial liability facing the operator of LimeWire, a once-popular file-sharing service found liable for copyright infringement, at an upcoming damages trial.

American International Group offered on Thursday to buy back, for $15.7 billion cash, mortgage-backed securities the U.S. government had taken off the bailed-out insurer's hands during the financial crisis.

American International Group offered on Thursday to buy back, for $15.7 billion cash, mortgage-backed securities the U.S. government took off the bailed-out insurer's hands during the financial crisis.

The head of the U.S. Securities and Exchange Commission said she wished the SEC's former top lawyer had removed himself from the agency's work on the epic Bernard Madoff fraud.

Paid subscriptions to read News Corp's Wall Street Journal on tablet devices such as Apple Inc's iPad and electronic readers have quadrupled to 200,000 in the past year, a top executive said.

Newly revealed missteps by the U.S. Securities and Exchange Commission in its handling of the epic Bernard Madoff fraud undermined its pleas for more funding on Thursday before a trio of congressional panels.

The U.S. trade deficit widened much more than expected in January as higher oil prices and surging imports of capital goods and cars overpowered record exports in a signal of strengthening domestic demand.

Corrects attribution of ninth paragraph quote to Representative Cummings, not Schapiro, as earlier sent

Illinois Governor Pat Quinn signed a bill into law on Thursday aimed at expanding the collection of sales taxes on items bought over the Internet.

The U.S. government posted a record monthly budget deficit of $222.5 billion in February as spending growth outstripped revenue gains crimped by tax cuts enacted late last year, the Treasury Department reported on Thursday.

Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.

YouTube, the popular video site owned by Google Inc, said on Thursday it is adding 200 jobs, boosting its staff by more than 30 percent in its biggest hiring year.

Clearwire executive Bill Morrow is leaving the company for personal reasons.