Due to a plunge in earnings from platinum, diamonds and industrial minerals, amid the economic crisis, mining company Anglo American PLC has reported a 31 percent fall in profit during the first six months of 2009.

Among the latest round of rumors pertaining to the supposed iPhone Nano is the 'rediscovered' Apple patent, which illustrates a device equipped with all the expected iPhone features - audio and video play, phone, SMS, Wi-Fi, and a still-image camera!

After a recent meeting of 20 scientists at the International Agency for Research on Cancer (IARC) in Lyon - the World Health Organization's (WHO) leading source for information on cancer - the WHO has upgraded the risks of sunbeds from their earlier "probably carcinogenic," category to the 'carcinogenic to humans' category.

According to the first-ever estimate of spending on 'alternative medicine' in the US in over a decade, a government report has revealed that such expenditure comprises more than one-tenth of the total 'out-of-pocket' dollars that Americans spend on health care each year.

In an injunction secured on Thursday by the Dutch anti-piracy group Stichting BREIN against The Pirate Bay, an Amsterdam court has ordered the Website to block all Dutch visitors; and has warned the site administrators that daily fines would be imposed for noncompliance.

Substantiating his earlier opinion that an iPhone vulnerability can allow hackers to take absolute control of the popular device by merely sending its owner an SMS, principal analyst Charlie Miller, at Independent Security Evaluators, demonstrated the exploit, along with Collin Mulliner, a University of Berlin's Ph. D. student, during a Black Hat presentation on Thursday.

In what can be called a widely-anticipated move, Cablevision Systems Corp. announced on Thursday that its board has approved a tax-free spin-off of its Madison Square Garden (MSG) business - the owner of the New York Knicks and the Rangers - into a stand-alone enterprise. As per the proposed plan, the Garden unit will be spun off to the current shareholders by this year's end.

According to a report released by New York Attorney General Andrew Cuomo on Thursday, as many as nine US banks paid their top employees nearly $33 billion in bonuses during 2008, despite the fact that their mammoth losses had forced them to seek almost $175 billion federal funding under the Trouble Asset Relief Program (TARP).

A bidding war of sorts is on for the small, bankrupt, Denver-based carrier, Frontier Airlines! While Republic Airways was set to acquire Frontier after its $108.8 million offer submitted in late June - the offer having received tentative approval July 13 - Southwest Airlines has submitted a $113.6 million nonbinding bid for the low-fare carrier on July
30!

Security experts Charlie Miller and Collin Mulliner have found a fault in the way the phones handles text messages, paying the way for hackers to hack any iPhone via a text message containing one square character.

Charlie Miller and Collin Mulliner were sharing their views at the Black Hat security conference in Las Vegas.