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Facebook says SEC's IPO probe ends, extending WhatsApp closing date

- Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.

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Cellphone unlocking bill clears U.S. House, heads to Obama

WASHINGTON - The U.S. House of Representatives approved legislation on Friday to give mobile-phone users the right to 'unlock' their devices and use them on competitors' wireless networks, something that is now technically illegal.

Politics, 4:09pm EDT

Bose sues Beats over headphone noise-cancellation patents

- High-end sound system and headphone maker Bose Corp is going after the newer kid on the block, Beats Electronics, with a lawsuit accusing Beats of infringing several patents related to noise-cancellation technology.

Media 4:46pm EDT

IBM talks with Globalfoundries break down over price: Bloomberg

WASHINGTON - International Business Machines Corp's attempt to sell its slumping chip manufacturing business to Globalfoundries Inc deteriorated when the two companies failed to agree on a price, Bloomberg reported on Friday.

Deals 3:43pm EDT

Seattle man gets 1-1/2 years for Microsoft insider trades

SEATTLE - An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/2 years in prison in Seattle on Friday.

Hedge fund Greenlight details short bets, still likes Apple

BOSTON - Hedge fund manager David Einhorn, whose picks are closely watched on Wall Street, said he is betting against supermarket chain Safeway Inc but still likes his biggest holdings, including Apple Inc.

Media 3:07pm EDT

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