MLC FLASH NEWS

Apple Inc. has issued a software update that creates problems for iPhones modified to work with a cellular carrier other than AT&T Inc. and disables at least some unofficial programs installed on other iPhone handsets.

Last Quarter Gets a Running Start Equity indexes are near records as 3Q closes.

Trading Schism Some traders like the rate cuts while others are still circumspect.

BANGKOK (Reuters) - A chance encounter in a Myanmar coffee shop turned teenage backpacker Alex Bookbinder into a political activist at the forefront of an Internet campaign that has attracted tens of thousands of supporters.

NEW YORK (Billboard) - The use of Canadian singer-songwriter Feist’s song “1, 2, 3, 4″ in an iPod Nano TV spot is generating major attention — online and on the Billboard charts.

NEW YORK (Reuters) - The U.S. Justice Department's top antitrust official called the remedy in Microsoft Corp's U.S. antitrust case "well-crafted" and "successful," and urged U.S. and European Union officials on Friday to be cautious in fighting abusive monopoly behavior.

You’ll find the world’s largest video wall—120 feet long and 11 feet tall—in the lobby of the Manhattan headquarters of InterActiveCorp. A dazzling montage of images fills its vast dimensions day and night, mesmerizing passersby. Yet the deceptively simple visual messages that fly effortlessly across this wide video canvas took massive computing muscle to render. With some sequences requiring as much as an hour per frame to render, designer Jakob Trollbäck and his can-do crew leveraged the power of their Mac-filled office to bring the panoramic wall to life.

LOS ANGELES (Reuters) - A monk's life is still a simple one of prayer and austerity, yet many monasteries have moved online for business, communication and even headhunting purposes.

LONDON (Reuters) - The family meal may be threatened with extinction but "High-Tech" parents are now communicating much better with their teenagers and giving them more freedom, says child psychologist Richard Woolfson.