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Apple iPhones allow extraction of deep personal data, researcher finds

SAN FRANCISCO - Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.

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Cynk Tech plummets 85 percent as trading suspension ends

NEW YORK - Cynk Technology shares plummeted to close down about 85 percent on Friday after a trading suspension was lifted, but the stock was only being exchanged in private deals.

Verizon to slow down speeds for some unlimited data subscribers

WASHINGTON - Verizon Communication Inc's high speed wireless customers who subscribe to the company's legacy unlimited data plans might experience slower speeds starting Oct. 1, the company said on Friday.

4:59pm EDT

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

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