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Investors brace for more stock volatility on Apple earnings

NEW YORK/CHICAGO - For years, Apple Inc was a stock investor's dream regardless of the market environment. But now concern about the iPhone maker's growth has made many investors wary about a big share swing after its earnings are released on Tuesday.

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Found 1 month ago on channel Reuters

Teen pleads guilty in death of woman at CTA station

A Chicago teen pleaded guilty today and was quickly sentenced to 32 years in prison for shoving a woman down the stairs of a CTA station and killing her while trying to flee with a stolen iPhone.        

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Found 1 month ago on channel Chicago Tribune

Local Discovery App Spindle Debuts Google Now-Like “Search Alerts” Which Match Nearby Happenings To Your Personal Interests

Spindle, the location discovery app from former Microsoft engineers backed by $2.3 million in funding from Polaris, Greylock, Lerer, SV Angel and others, is today releasing the biggest update to its iPhone application yet. With version 2.0, the app introduces keyword-based search, configurable and personalized "search alerts," and expands its coverage to include Austin, Chicago and Seattle.

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Found more than 1 month ago on channel TechCrunch

Steve Jobs Patent On iPhone Declared Invalid

An anonymous reader writes "Apple's most famous multitouch software patents are increasingly coming under invalidation pressure. First the rubber-banding patent and now a patent that Apple's own lawyers planned to introduce to a Chicago jury as 'the Jobs patent.' U.S. Patent No. 7,479,949 covers a method for distinguishing vertical and horizontal gestures from diagonal movements based on an initial angle of movement. For example, everything up to a slant of 27 degrees would be considered vertical or horizontal, and everything else diagonal. The patent office now seems to think that Apple didn't invent the concept of 'heuristics' after all."

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Found more than 1 month ago on channel Slashdot

“In the Studio,” Bump’s David Lieb Discusses Flock And A Shift To Background Services

"In the Studio" this week hosts a first-time founder and entrepreneur who began his career as an engineering student at two of the country's finest universities and played baseball for his college team, after which he worked at one of the country's largest technology research and product companies before enrolling in and dropping out of business school to work on building a company in Silicon Valley. David Lieb, the co-founder and CEO of Bump Technologies, has been focused on mobile since he dropped out of the MBA program at the University of Chicago to build this company. Since then, Bump has been growing (in terms of downloads) and drives a lot of sharing of photos and contacts among users, especially during weekends. Before starting Bump, Lieb finished engineering degrees working with robots and joined Texas Instruments, where he worked with algorithms. The timing of Bump couldn't have been better, with the rise of the iPhone and their innovative use of sensors drove them to enjoy great ...

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Found more than 1 month ago on channel TechCrunch