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Customers buy Apple products inside the newest Apple Store during its opening on the East Balcony in the main lobby of New York City's Grand Central Station

Apple May Buy Israel's Anobit for $500 Million

Apple is apparently interested in Anobit for the company's technology to increase and enhance the memory volume and performance of its devices, including the world's most popular smartphone, the iPhone, and the world's most popular tablet, the iPad. Anobit has about 200 employees.

Price fixing or good manners? Jury might decide

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As the Department of Justice gears up for a rare criminal trial against a publicly traded company, the Taiwanese defendant wants to argue that prosecutors just don't get Asian business culture.
Undated image taken from a video recording provided by the Pakistan Taliban

Congress Panel Freezes $700M for Pakistan as Distrust Grows

A crisis in U.S.-Pakistan relations looked set to deepen Monday night after a House-Senate negotiating panel froze $700 million in aid until Pakistan gives assurances it is helping fight the spread of improvised explosive devices in the region.
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Collectors evolving into 'passionate investors'

Dennis Varni remembers buying his first car, a 1931 Ford Model A, more than a half century ago when he was 14. It cost him $45 and to amass that princely sum, he picked fruit, hawked his model train set and even sold the clothes off his back.
Singer Katy Perry performs at the 2011 American Music Awards in Los Angeles

A Year in Pictures: Katy Perry's Best and Worst Looks from 2011 [PHOTOS]

Katy Perry is best known for her eccentric looks and popular dance music, but the 27-year-old singer proved quite the comedian as she hosted Saturday Night Live this past weekend. The pop singer has had a stellar year with a hugely successful tour, chart-topping dance hits, a starring role on The Smurfs and two Grammy nominations for the 2012 awards ceremony in February.
Merger

Brocade Communications Could be Attractive to Oracle: Analyst

Brocade Communications Systems Inc. (NASDAQ:BRCD) could come in to spotlight after Blue Coat Systems Inc. (NASDAQ:BCSI) said Friday it has agreed to be acquired by an investor group led by San Francisco-based private equity investment firm Thoma Bravo, LLC, for about $1.3 billion.
Strawberry

Strawberries and Dreams in India's Hill Districts

Farmer Shripati Nana Jadhav has good reasons to be a fan of strawberries - they've funded construction of his simple, spacious house near the hill station of Panchgani and allowed him to send his four children to college.
An armoire from the Carrolwood Drive rented home of pop star Michael Jackson is shown with a note written on the glass in this publicity photo

Contents of Jackson's final home reach auction

Contents of the mansion where Michael Jackson's lifeless body was found by convicted killer Dr. Conrad Murray go under the auction hammer next week, closing one chapter on a tragic saga that started in 2009 and ended last month with his former physician behind bars.
Los Angeles Police Department officers arrest an Occupy LA protester at the encampment at LA city hall

Undercover police spied on protesters at Occupy LA

Undercover police officers infiltrated Occupy LA's tent city last month to spy on people they suspected of stockpiling human waste and crude weapons for resisting an eventual eviction, police and city government sources said.
Paul Allen sues Apple, Google, Yahoo, Facebook over patents

Technology Focus: Mediating the Patent Wars

The International Trade Commission this week is expected to determine if Taiwan's HTC infringed upon Apple's smartphone patents. Isn't there a more sensible way to manage the IP wars?
Facebook

Facebook IPO Could Create Thousands of Millionaires

Excavating lost Mayan ruins or traveling to space are normally the stuff of adventure novels. But for Facebook employees, these and other lavish dreams are moving closer to reality as the world's No. 1 online social network prepares for a blockbuster IPO.
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Blue Coat Systems Inc. Agrees to go Private for $1.1 Billion

Blue Coat Systems Inc., a maker of equipment that secures, monitors, and speeds Internet traffic, has agreed to be taken private for $1.1 billion in a deal that throws a lifeline to a company beset by falling sales and a U.S. government probe into use of its products by Syria.

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