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Submission Summary: 0 pending, 25 declined, 2 accepted (27 total, 7.41% accepted)

Businesses

Submission + - Apple to buy back $45bn worth of its shares (bbc.co.uk)

Submitted by
floydman
floydman writes: "Apple has said it will use its cash to start paying a dividend to shareholders and to buy back some of its shares.
The technology giant said it would pay a quarterly dividend of $2.65 per share from July.
It will buy back up to $10bn (£6.3bn) of its own shares starting in the company's next financial year, which begins on 30 September 2012."
Censorship

Submission + - Apple disables Egyptian iPhone GPS

Submitted by
floydman
floydman writes: "Apparently the Egyptian government is paranoid about its community using GPS devices, to the degree that it demanded Apple would remove any GPS functionality from its iPhone 3G. They claim that "GPS functionality should be limited to military purposes". Egyptian blogger Ahmed Gabr brought this issue up in another article , and talks about how this does not make sense, since Google maps and the like can be used. I also happen to know for a fact that most of the modern cars in Egypt have built-in GPS systems."

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