| Good afternoon Bit | | | Apple customers sure like their apps. More than 15 billion applications have been downloaded from the App Store by iPhone, iPad and iPod Touch users since its launch in July 2008, according to new figures from the company. To put that number in context, remember it was just this past January when Apple announced its 10 billionth app download. That means customers have downloaded around 5 billion apps this year alone, compared to the 2-1/2 years it took to reach the 10 billion mark. Apple can thank its wildly popular iPad for the surge in demand. Of the more than 425,000 apps now available from the App Store, 100, 000 are designed specifically for the tablet computer. Meanwhile, Apple's attempt to stop online retailer Amazon.com from using the "App Store" name has failed. Apple filed a trademark lawsuit saying Amazon improperly used the name to solicit developers in the U.S. Amazon responded by saying the term is generic. The U.S. judge who denied Apple's request argued that while the term wasn't purely generic, the company failed to prove "a likelihood of confusion" with Amazon's service. Amazon finally lived up to its promise that New York Times Kindle subscribers would have free access to NYTimes.com, nearly three months after originally announcing the promotion. Subscribers using the Barnes and Noble's Nook e-reader aren't so lucky yet, though. As mocoNews.net notes, the company's website still tells readers it can expect access "soon" and "in the coming weeks". YouTube gave users a peep at a new design for its website on Thursday. TechCrunch praised the video portal's revamp, codenamed "Cosmic Panda", calling it slick and dramatic. Test it out for yourself. | | LATEST NEWS | EBay buys Zong as mobile payments gain traction | July 07, 2011 02:41 PM ET | NEW YORK/SAN FRANCISCO (Reuters) - EBay Inc said on Thursday it agreed to buy cellphone payments provider Zong for about $240 million in cash to help its PayPal unit push further into mobile commerce. | Full Article | Court OKs TerreStar's $1.38 billion sale to Dish | July 07, 2011 03:29 PM ET | NEW YORK (Reuters) - A judge on Thursday approved TerreStar Networks Inc's proposed $1.375 billion sale to Dish Network Corp, pushing the satellite communications company a major step closer to emerging from a 9-month stint in bankruptcy. | Full Article | | | BUSINESS NEWS
| Hack job! Murdoch axes paper to save deal | July 07, 2011 05:49 PM ET | LONDON (Reuters) - In an astonishing response to a scandal engulfing his media empire, Rupert Murdoch shut down the News of the World on Thursday, Britain's biggest selling Sunday newspaper. | Full Article | Dim sum market stirs U.S. borrowers | July 07, 2011 04:55 PM ET | BRADENTON/NEW YORK, July 7 (IFR) - One of the U.S. high-grade market's favorites, Caterpillar Financial Services, is becoming quite the regular issuer in the offshore yuan-denominated market, also called the dim sum or CNH bond market. | Full Article | Obama, lawmakers still far apart on debt | July 07, 2011 05:50 PM ET | WASHINGTON (Reuters) - President Barack Obama and top lawmakers emerged from talks on Thursday still far apart on breaking a budget deadlock and said negotiators will work through the weekend for a deal to avoid a debt default. | Full Article | | | U.S. TOP NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | | | |
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