IBT Staff Reporter

Apple chief executive Steve Jobs has expressed interest in developing an iPhone based on China Mobile's fourth-generation telecoms standard, the chairman of the Chinese telecoms operator said on Friday.

The Libyan telecommunications operator has cut off Internet traffic from inside the country.

BofA Merrill Lynch expects subdued client activity and geo-political risks to weigh on the first-quarter earnings of large U.S. banks and downgraded shares of Citigroup Inc and Goldman Sachs Group Inc to neutral from buy.

This list of top ten world’s most overvalued homes is taken from the latest quarterly ranking of global house prices by The Economist based on a historical data of home prices to rents between 1975-2010.

Hiring by employers hit a nine-month high in February and the jobless rate slipped to a nearly two-year low of 8.9 percent, showing the economy is kicking into a higher gear.

Days ahead of its official launch, Doximity -- a LinkedIn-style application for healthcare professionals -- already has the backing of the venture capital community and thousands of U.S. doctors.

Secretary of State Hillary Clinton expressed concern on Thursday that the United States was losing the information war internationally, and especially in the Middle East, drawing a critical comparison between the U.S. media and broadcaster Al Jazeera.

Gold rose toward $1,425 an ounce on Friday as U.S. February payrolls data supported expectations the Federal Reserve will hold off tightening monetary policy and as unrest in North Africa continued.

A legal tussle between defunct Lehman Brothers and investors in highly complex debt vehicles has drawn attention from financial professionals and British football clubs alike.

Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, the strongest sign yet the recovery has become self-sustaining.

Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC.

When the 39th Iditarod Trail Sled Dog Race starts in Anchorage on Saturday, 62 mushers and their dogs will embark on an annual trek that has evolved far from its shoestring roots.

Western companies flush with cash but reluctant to commit to longer-term investments spent heavily on advertising in 2010 and especially on TV, boosting the world's biggest ad group WPP in the U.S. and Britain.

Crude oil rose on Friday, with Brent pushing toward $116 a barrel, as Libyan security forces began a violent crackdown on protesters in Tripoli and clashed with rebels near the major oil terminal of Ras Lanuf.

Real Madrid forward Cristiano Ronaldo will be sidelined for roughly two weeks after sustaining a hamstring injury in Thursday's 7-0 triumph over Malaga.

Stocks fell slightly on Friday as February's jobs report came in better than expected but fell short of the most optimistic expectations.

Stock index futures pointed to a flat open on Friday as February's jobs report came in better than expected but fell short of the most optimistic expectations.

ECB policymakers warned global central bankers on Friday that economic imbalances could worsen fast unless the G20 makes a concerted push to tackle them.

Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, raising hopes the economic recovery has gathered critical momentum.

Crude oil rose on Friday, with Brent above $116 a barrel, as Libyan security forces began a violent crackdown on protesters in Tripoli and clashed with rebels near a major oil terminal.

A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.

Social networking site Badoo.com has published a unique ranking of cities based on the number of online flirtations initiated per month by the average Badoo user in each of these. Take a look here at the numero uno as well as some of the other cities that have made it to the top 10 in the League.

Real Madrid crushed Malaga with a 7-0 victory, but it was marred by an injury to their star player Cristiano Ronaldo who walked off immediately after his scoring his third.

Russian spy Anna Chapman is in from the cold and out on the Internet with an official website featuring photos, news and an upbeat message urging Russians to smile and be self-reliant.

Stock index futures were mostly unchanged on Friday as upbeat labor market data earlier this week fed investor optimism about the upcoming February payrolls report.

ECB policymaker Axel Weber warned global central bankers on Friday that economic imbalances could worsen faster than first expected to pre-crisis levels and urged the G20 to push ahead with tackling them.

Chelsea manager Carlo Ancelotti has been subject to fresh speculation about a move away from the Blues after his former Italy team-mate Ruggiero Rizzitell claimed he had held talks with AS Roma.

Longstanding rivals Google and Microsoft seem to have found friendship in a common enemy - GeoTag - whom they are teaming up to sue over patents.

Apple unveiled its lighter, thinner and faster rendition of iPad, the iPad 2 with upgrades sufficient enough to give a tough fight to the current breed of Android, webOS and QNX-based tablets.