Reuters - Apple Inc has issued a software update for the latest iPhone to help fix connection problems that led to a flurry of online complaints from customers, a European mobile service provider said on Tuesday as Credit Suisse reported strong U.S. sales of the device.

AP - Apple Inc. has released an iPhone software update it says improves communication between the smart phone and wireless networks.

AP - Video game publisher Electronic Arts Inc. is retracting its hostile bid for smaller rival Take-Two Interactive Software Inc., but a deal — and a friendly one at that — is likelier than ever.

NewsFactor - The Electronic Arts, Take-Two Interactive Software acquisition drama continues as the mammoth video-game publisher said it won't extend a Monday deadline for its $2 billion offer to buy Take-Two, maker of the Grand Theft Auto franchise series.

Reuters - Electronic Arts Inc will drop its hostile $2 billion bid for rival video game publisher Take-Two Interactive Software Inc on Monday and instead pursue private talks with the company.

AFP - T-Mobile said Monday it plans to launch a mobile phone powered by Google's Android software, making it the first operator to do so and posing a direct threat to Apple's popular iPhone.

InfoWorld - When Microsoft stopped selling new licenses to Windows XP on June 30, it gave users and PC makers a "downgrade" loophole so that those who wanted XP could still get it, even though they still had to buy a Vista license.