court.why apple and samsung are feuding...and what this means for your smartphone.martphone.and later... a flash mob robbery... in chicago.how much merchandise these kids stole from a store...and what the owner is using to fight back! ((break 3))çia÷ you know what's exciting? graduation. when i look up into my students faces, i see pride. you know, i have done something worthwhile. when i earned my doctorate through university of phoenix, that pride, that was on my face. i am jocelyn taylor. i'm committed to making a difference in people's lives, and i am a phoenix. visit phoenix.edu to find the program that's right for you. enroll now. i need all the help i can get. i tell them, "come straight to the table." i say, "it's breakfast time, not playtime." "there's fruit, milk and i'm putting a little nutella on your whole-wheat toast." funny, that last part gets through. [ male announcer ] serving nutella is quick and easy. its great taste comes from a unique combination of simple ingredients like hazelnuts, skim milk and a hint of cocoa. okay, plates in the sink, grab

if you have one smartphone, you better off sticking one plan. for more go to abc2news.com and click the money tab on top. >>> well little rain and mugginess, i guess that's the word, can stand in the way for a good time in baltimore this week. streets of will fill for the 31st annual artscape festival. some really unique item. >> it's my first time here. we came down from new york. we heard such good things about it. yesterday it was foggy and it's a beautiful day. >> you haven't totally missed yet. you got about 1 hour and 15 minutes left. >>> today was a little too sticky for you to be out and about at artscape. you could have stayed in the ac and learned a little polka. the celebration of all things polish at the maryland fairground. festival goers were able to enjoy food and good old fashion poker games. >> it's family oriented. we have plenty of tables and chairs. people can sit and relax and enjoy themselves in a nice air- conditioned venue. just have a good time. >> eat a lot of good food too. the celebration goes on until 9:0 0 tonight.

the feature that allows users to use a smartphone as a credit card.f-c isn't widespread right now, it could be down the road. but there's one major roadblock for hackers... they have to get close to your phone, typically within a few centimeters. because the n-f-c chip has short range. so keep a close eye on your smartphone. i'm maribel aber in new york. -----end-----cnn.script----- apple and twitter... teaming up? up?the reason behind the technology investing millions of dollars... into the social networking website. website. when it comes to getting my freakfast, i need all the help i can get. i tell them, "come straight to the table." i say, "it's breakfast time, not playtime." "there's fruit, milk and i'm putting a little nutella on your whole-wheat toast." funny, that last part gets through. [ male announcer ] serving nutella is quick and easy. its great taste comes from a unique combination of simple ingredients like hazelnuts, skim milk and a hint of cocoa. okay, plates in the sink, grab your backpacks -- [ male announcer ] nutella. breakfast n

you've got to look for smartphone exposure. tablet exposure.to be. >>> steve -- >> free scale drop. it was on qe 3. >> that's what you get for being late. >> sorry. >>> still to come, the dos and do knots of investing in ipos like kayak and palo alto as they make trading debuts. we'll be right back. o? with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. we provide the exact individualization that your body needs. oh, wow, that feels really good! take it up one notch. oh

. >> jon: i mean, for instance, now we have smartphones. ( laughter ) the kids from harry potter films all grown up. and there is a smoldering rubble where our financial system used to exist. ( laughter ) that's okay. so the guy reaps enormous riches by pulling the last gena piece of what was holding up our economy now thinks we shouldn't have done that. congress can always reinstate that legislation until thearls as,. >> the purpose is to put a moratorium on regulation until the economy bounces back and unemployment nationally goes below 6%. >> jon: so the reform that sandy weill thinks could help fix the economy could not be reinstated until, according to this legislation, the economy was fixed. here's the worst part-- that's not what makes this whole thing assholian. drop in. we're going full rectal. >> they forgot to put theun"" in unemployment. the democrats pointed out the recent jobs bill called for a freeze until employment was 6%. that would mean 94% would be out of a job. >> stephen: a typo. that's embarrassing. it doesn't point to an endemic dysfunction in our legislature th

transportation and uber is a cut of company that allows a sedan to call by the smartphone. cab drivers say it's an unregulated and unfair competition that is impeding their business at the wilson building on tuesday, protesting cabdrivers concerned over a slate of new reforms before the d.c. council, ranging from the color of the cabs to having tracking devices installed in their cars. >> and we did this every day and did well with customers and have the service with our customers. >> reporter: it's part of a big change that you will see inside and outside of cabs in the near future. they take debit and credit cards that make all cabs one color, which is a longtime beef of tourists. >> secretary calder own. >> reporter: part of the reforms would have targeted a new car service called uber, which allows customers to get a ride by calling the smartphone app. they wanted to create a flat $15 base fee evening the playing fold with cab drivers. >> and we're a world-class city. the aim of the bill is to establish a world-class stakes -- taxi industry. >> reporter: cheney, though,

the sector giant was slow to react to the shift towards smartphones, and now it is paying the price. the company began creating models that could do more than just make phone calls and send text messages well before its rivals. five years ago, nokia was the leading manufacturer of smartphones, with a market share of over 50%, but since then, share has tumbled and is now less than 8%. nokia is hoping to win back customers by teaming up with software giant microsoft. certification -- sales of its first models with microsoft's operating system have been strong. the company is set to launch new handsets this autumn -- the same time as the new windows 8 operating system is introduced. analysts believe nokia's partnership with microsoft is its last chance for survival. >> the final word is still not out on where commodity prices are heading in this economic downturn, but china is hedging its bets with plenty of aid money, especially in resourced debt -- resourced-rich africa. >> beijing is pledging money, and some of the money will be earmarked for infrastructure projects, using chinese en

the legal battle is the smartphone gets underway today in a courtroom in san jose, california. at issue is when samsung stole apple's patent. or when apple ripped off samsung's intellectual property to rip off its iphone and ipad. this case could decide who wins the smartphone wars. >>> and local power company b gand ewants to increase its rates in maryland. the average electric bill will increase $7.22 per month. the average gas bill will increase $4.62 a month. if approved the rates will go up in february. >>> they understand that it is less than popular with customers but they are still asking anyway. >>> still ahead a nationwide effort to help promote healthier babies begins with new moms in new york city. >> we are back in two minutes with more on that story and your weather first. keep it here. >>> that says it all. howard bernstein is here with a look at the weather today and this week. >> reporter: i want to tell you we need some rain. it has been one of the hottest months and we'll find out in a day or two as we are wrapping up this july. it is a funny thing or maybe t

i guess that eludes to galaxy power, the smartphone series. because it was precisely the sales of these galaxy smartphones that was behind the record-high profit forecast. as samsung estimates, q-2 upping profits somewhere between $5 billion and $6 billion, a whopping 71% jump from last year. and the figures for each division, analysts believe about two-thirds of its operating profit to be generated from this mobile division. but if you take a look at shares of samsung electronics, they closed lower by around 2%, part of this from profit-taking moves as well as revenue estimates which came in below the average street forecast. analysts say the softer than expected revenue figures reflect weaker global demand for products like tvs and pcs, especially in europe. looking forward -- well, going forward, q-3 still looks impressive for the mobile unit, but the legal battle with apple may be something to watch. with u.s. restrictions on its galaxy tab and nexus smartphone in place. ross, back to you. >> okay, thanks for that. >>> the greek government

. >> samsung electronics shares power up on a record quarterly profit thanks to a surging smartphone sales and upbeat outlook. >> wall street doesn't like facebook's earnings. shares slide on continued worries about the company's growth prospects. >>> okay. so this is it. this is it. >> the big day. let the countdown begin. i'm so bummed. we're referring to the olympics. the opening ceremony at 8:12 p.m. at 8:12:00 a.m. they were doing the ringing of the bells. i missed it. i really was looking forward to hearing it. >> and the torch is making its way down the last journey, down the river thames, one of the locks at the moment. because it started this morning at hampdon court palace. shrouded in secrecy who will light the flame. >> there are odds who might light the flame. the route from the last part of the river to the olympic stadium is kept as a secret. are your going to be going or watching? >> i might sneaking in. >> might you? how are you going to sneak into the opening ceremony? >> might be sneaking in. >> keep an eye out for ross at the opening ceremony. >> i can't speak abo

this time they're holding your smartphone hostage.istine romans in new york. >> brooke, you know when you get those pop-up ads on your smartphone? be careful about clicking on them because they could be changing your settings and taking your contact information without permission. that's according to a new report from mobile security company lookout. their study says tens of thousands of smartphone apps, tens of thousands of them, are running these aggressive and invasive ads. when the advertising networks get your personal information, they're selling it to marketers. now, this isn't widespread yet but a growing problem. how big? 5% of free mobile apps are letting these ad pop-ups into your phone to make money. and the study found those apps have been downloaded 80 million times. the most common type of apps are one you use to personalize your phone. the second is comics. the third, arcade and action apps. fourth comes from entertainment apps. the next time you're shopping for apps on your phone and you click on some of these free on

the smartphone is expected to sell for about $200.mazon has not confirmed this report. >>> more children now have cell phones. not a surprise. a survey by the national consumers league showed six out of ten parents have given their kids a cell phone. those kids are between the ages of 8 to 12 years old. so-called tweens. 92% of the parents surveyed said they spend less than $75 a month on their child's mobile service. 99% of the parents say they have no regrets about buying cell phones for their tweens. >>> well, an arlington man is on a lucky streak. >> he won $100,000 for the second time in three months. okay, this never happens to me. both times, joseph sylvester won in the lottery's cash 5 game. he won the first time back on april 3rd, and he did it again last week on july 3rd. sylvester used easy pick and let the computer randomly select his numbers. no word yet on how he plans to use his latest winnings. the first time he paid bills and bought a new truck. some people are lucky that way.

we're huge on smartphones, huge on the ipad. this is a barnes & noble nook, this is the amazon kindle fire. again, all of these connected devices that are entering our lives pandora's integrated into. in fact, of all of the companies displaying here at cs on the hill, i think half of the companies market products that integrate pandora into them. samsung tvs, directv as a, you know, satellite service provider, samsung, you know, intel, audiovox, pretty much all have connected electronics today integrate pandora to enable this anytime, anywhere access that consumers want because that's how radio's coon assumed finish consumed. >> host: joe kennedy, ceo of pandora radio, has been talking with "the communicators." >> guest: thank you, peter. >> host: panasonic is one of the companies that has a december play here at -- display here, and peter fan nonis vice president of panasonic. first of all, mr. fannon, what do you do for panasonic? >> guest: i work on the technology issues, so the development of new technologies, figuring out w

the examining whether smartphone voice recognition systems have infringed on its patents. >>> republicansidential hopeful mitt romney is wrapping up his international goodwill tour with a stop in poland. first he outraged palestinian leaders with comments made earlier today in jerusalem. romney hopes to end his trip on a positive note. >> reporter: mitt romney made the third and final stop of his overseas trip today with a visit to poland. the republican contender got an endorsement from former polish president lech walesa. romney's cordial visit to poland a mix of political and cultural events was overshadow he suggested that culture was a contributing factor to the economic inequality between the israelis and palestinians. the statement inrain -- enraged some palestinian leaders. >> people are equal such racist statements does not -- >> reporter: the romney campaign said his comments were grossly mischaracterized. in a rare move they released a full transcript of his remarks. the white house declined to weigh in. >> it is clear there are some people who have taken a look at those comme

. >>> in tonight's consumer alert, new wireless technology on smartphones could leave you vulnerableckers. we have more. >> reporter: if you own a smartphone, rogue app can already steal your private date ta. the guy sitting next to you may be able to do the same thing. can you imagine your pictures, videos and contacts stolen. a former -- all they have to do is brush a computer chip near your home. right now handful of phones have the chips so this type of hacking isn't widespread but companies are eyeing it for the next jen operation products. it has a lot of advantages. it lets users share pictures and also could be a key developing mobile wallet technology the feature that allows users to use a smart phone as a credit card. there's one major roadblock for hackers. they have get close to your phone. typically within a few centimeters because it has short range. so keep a close eye on your phone. >>> bad news if you need to book a flight. air fare is hitting an all time high. the average price of a domestic ticket soared to $372 in 2012. among the to 100 airports, cincinnati passen

a study from lookout, a mobile security company, says thousands of smartphone apps are powered by rogueu download the app, you're - getting the advertisements too. not know it's happening because these aggressive ads can be haad to spot... sometimes they're in the form of a text message, an app them in users' notification -3 pars or home pages. it's not a huge problem...only 5-percent of free apps use an aggressive ad network.but it's becoming a biiger issue because the aaps in that 5-percent have been downloaddd over 80-million times. the rogue ads are typicalll found in personalization apps like wallpapers, asswell as comic, arcade, and entertainment apps. and like p-c pop-up ads, malicious ad--are on apps isnnt easy to get rid of.the damage ccn be reversed by deleting the app, but it's ooten haad to figure oot which app is to blame.so be carrful which app you download, because it could hi-jack your phone.i'm alison kosik in neww york.-----end----- cnn.script----- a father under arrest.. for child neglect.how many hhurs.. he left his kid in a car... while he was at a bar drinking. dri

does the marketplace really need another smartphone? clearly hardware is the place to be, at least amazon and google are betting on that. if you want to join the conversation on "worldwide exchange," you know how, get in touch by e-mail worldwi worldwide @krns.com. >>> they tell us why libor scandal isn't koopg us up at night. [ male announcer ] this is the at&t network. in here, every powerful collaboration is backed by an equally powerful and secure cloud. that cloud is in the network, so it can deliver all the power of the network itself. bringing people together to develop the best ideas -- and providing the apps and computing power to make new ideas real. it's the cloud from at&t. with new ways to work together, business works better. ♪ >>> major >>> major shareholders in barclays reportedly calling on the bank to hire external chairman to salvage its reputation. financial times reports three top investors say an internal candidate will be unacceptable. barclays deputy chairman tipped to take over. shares in the entity in broker dr

. >>> imagine being able to report a crime to police by using your smartphone.or of an app to do just that has been a victim three times in eight months and he's fed up. fox 5's audrey barnes is in the web center with the story. >> since october ty polavani has been held up at gunpoint and maced and his car has been robbed twice in front of his house. he's invented a new app called crime push to report crimes to police. >> it's the blue light in your pocket like a little guardian angel. [ siren ] >> reporter: the blue light he's refusing to is the glow of your smartphone quipped with a brand-new app called crime push. it's free and can be downloaded through itunes and google play stores offering a quick way to report crime to police. >> you can add picture video or audio evidence so that the police can see exactly where you're viewing. >> reporter: since it works off gps parents might like the check-in feature to keep track of their kids. >> to check in, all a child has to do is come into the checking feature, click on the icon corresponding to their location. t

future don't forget to remove your shoes and belts and secure your bank account information on your smartphone why because the t.s.a. may go through your most private information when you travel we'll tell you how. it's tuesday july twenty fourth seven pm here in washington d.c. i'm liz wall and you're watching r.t. . topping this hour a community in california outraged and calling for an f.b.i. and the investigation into the police this after an unarmed man was shot dead by police later neighbors started to protest the police violence and authorities fired back we showed you the disturbing video yesterday but we're playing it again because the powerful pictures speak for themselves. you can see here they are shooting rubber bullets and unleashed a dog which ran directly at a woman holding a baby among other bystanders witnesses seem to be afraid for their lives now the community is demanding answers and calling for the officers responsible to be held accountable joining me now is joanne sosa an activist with take back and i have anaheim joanne welcome so i know that you are an assistant to th

that's where an object comes to life using your smartphone screen.ou find out all kinds of things. >> it looks three di mentional and will -- dimensional and it's on the phone. >> that product will pop up. we'll have additional information and we can see it being used in different types of context. >> reporter: we've seen it before, but the packaging. >> we knee a lot of packaging is designed to help create the sale. >> reporter: the leading sector includes cars, food and won't tainment, especially toys it. 's about adding value for the consumer and ultimately securing the sale, sometimes keeping track of that sale. >> you can snap it and anything that you're purchasing that's in that package you can see in your smartphone. when you go to the store, you know how you're not sure if you bought your child that character, now you know. >> reporter: not everyone was sold. >> it maybe cooler. >> reporter: marketers like it because they're engaging customers. >> it could be this animation that says hello or could be something that's a really interesting hel

sand and surf from ruining your smartphone.one.what one ácheapá item can be the bestt protection for your expensive g. best night's sleep... ways to laa to knock out the muscce tension... and wake up feeling ggod. you're watching fox 45 ggod day baltimore. after the storm.the battle to news at "we have made it dangerous just to be alive in america." out of control federal regulation it doesn't make sense; it wastes the tax payers' money; and it doesn't reduce crime unpredictable enforcement "i said, 'you're here with guns and you can't tell me why?" frush outdated laws "i think it's fair to say it's out of control." are we 33 if you wake up sore after getting what you think is a restful night's sleep... it could all be in tte way you laid. eriik busick frommabout faces day spa and salon joins us tooay to show us how to night's rest.- how are we should we be 's wrong?-how -3 sleeping?- how can we form better sleep habits?. . tension log on to fox n muscle - morning e dot com slashh these nexttguys may need a better night's sleep

we have tips to make your mobile device your ticket to london. >> smartphones, that is london callingforget about being a casual spectator on the couch. this year's summer olympics will offer a more social aspect. >> there will be so many ways that they can interact, watch, and view things happening at the olympics, beyond television, then they have had before. >> it is easy to get driven to digital distraction. this expert says to choose just a few. >> identify who you want to get your information from will help you better understand using your tools and not overwhelm you at the same time. >> he suggests a dashboard- style app. the best part of these offerings are streaming video, but that can take up your data, so be sure to connect with a wireless connection. >> you will get better quality and you will keep the bill way down. connect over wi-fi. >> good afternoon. starting to get pretty steamy out there. also keeping in mind the chance for storms. not all lot going on across the state. near west virginia, there is a batch of storms trying to make its way into the mountains. much of

use your computer, your smartphone, your tablet, whatever. the point is, you have options. how convenient. hey. crab cakes, what are you looking at? geico. fifteen minutes could save you fifteen percent or more on car insurance. a very messy and treacheroos commute his morning for drivers in the d-c area.heavy storms pounding the region---gainnthe rain flooding about a dozen row stranding cars.some areas and - out the waste and water.mping - ----- reacttto story - ----thankfully no flooding in our area and the cooler ddys continue this weekk meteorologist tonn pagnotti... need some help with your &pbills? how about 250 dollars in free grrceries?it's giant gift card... go to our -3 com slash foxbaltimore... become aafan and complete the entty form to enter. we'rr drawing winners all week on fox45 morning news. 3 207-212"it's a fine line between is this gonna help oo is this gonna create more chaos in the future." &pfuture."it's one of the mostt addictiie painkillers on the market... and it's being used on kids.the ssppprt for oxycontin testing on children.. coming up. thh ma

my smartphone is the one thing that i never leave my house without, and it's the one thing that if ip. it would be impossible to do the things that we're doing with foursquare if it wasn't for all the technology you find in a smartphone. blue shirt: when the technology's right, anything can happen. vo: get the exclusive white samsung galaxy s iii on sprint. only at best buy. the tension between them reached a breaking point, literally. so they divided the production between two separate factories. each factory took a vastly different approach. left twix flowed caramel on cookie, while right twix cascaded caramel on cookie. left twix bathed in chocolate, while right twix cloaked in chocolate. both bars as different as the vastly distinct men who invented them. to this day, sharing nothing but a wrapper and an ill-designed driveway. try both and pick a side. promise full whitening results in two weeks or more. rembrandt® deeply white™ 2 hour whitening kit is proven to quickly remove surface stains and deep stains in just two hours. [ female announcer ] rembrandt® deeply white™: whiten

they want to get in on the smartphone game. is this a stupid move?space, jon. >> it is but it might not be totally stupid. here's why. look at mozilla. a foundation, nonprofit. google pays them to send traffic to its search ads. you think about as a cost of google to create revenue. if the battle now is mobile, and people are going to have to spend to create revenue on mobile, then maybe it makes sense. the doinger is if you fail in hardware, you lose tons of money. you got to win. >> what would make them think and what would them think to actually come out and crack this market? other than something that's really a niche. unlike the pad market, the tablet market, i mean, this is just a market that no one makes it in other than the key guys. >> tablet, i would say they're out. they're not making money with the fire or the nexus 7. >> but the kindle did make it. the original kindle made a big mark for itself. >> yeah. units. but losing money on -- >> that's the problem. >> is it potentially an iphone 5 killer? >> oh, come on. did you really ask that q

. >>> double check have you a laptop and smartphone at the airport. travelers left behind more than 8,000 mobile devices at seven of the nation's largest airports in the last year. most forgot their laptop, smartphone, or tablet at the security checkpoint. >>> if child doesn't see challenged in the classroom, they are not alone. the center for american progress looked at three years of questionnaires. more than a third of fourth graders said their math work was often too easy and eighth graders said history was too easy and only one in five eighth graders read more than 20 pages a day. it shows most children are not being pushed academically. that's too bad. >>> a florida lifeguard fired for leaving his post to rescue a drowning man is being honored. >> he has been given the keys to the city. thomas lopez and the 19-year-old victim were reunited. lopez saved a man from drowning in hallandale beach last week. he was fired almost immediately after that happened. the mayor called his firing embarrassly. lopez was offered his job back and he politely decl

the performance is attributed to strong demand for new galaxy smartphone models. sales in the mobile phone division marked a rise of 75% year on year. at lg electronics it also saw a nice gain, 46% gain for net profit for the april to june quarter. its sales of mobile phones were down but flat screen tvs saw a nice performance. here are the latest market figures. people across japan have been eating a meal they believe will help them beat the heat. they are marking the day of the ox, tradition suggests eating eel gives people ox like stamina but this tradition is facing a number of threats. nhk world explains. >> reporter: people in japan call eel, low in calories and high in vitamins. chefs prepare it by trimming the eels and coating them with salt and grilling them over charcoal. the delicacy dates back at least 200 years. >> translator: it's so delicious, the meat melts when you eat it. >> at first when they look at it, i'm not sure. but then when they actually try it, it's amazing, they want more and more. >> reporter: eel shortages are causing prices to rise.

the long term damage caused by your favorite smartphones. a baby full of crack cocaine. how this child ended up taking enough to kill an adult. a grandmother and her boyfriend are under arrest after allegedly allowing her grandson to ingest crack cocain. cocaine. this is ebony daniel, the grandmother and her boyfriend charlie martin. after they found out the baby had eaten the crack, they didn't even call the hospital. after the baby got sick, they finally took the child to a doctor. neighbors are angered this could even happenn on their street. 3 i have five grandbabies like my own and it just hurts me, i just hope that the baby is okay the child's 17 year old mother was at the house when the baby ate the crack, but police are still investigating her roll. after two nights in intensive care the child is expected to be fine but will be placed with social services. it was just another day at the car wash... until this car rolls in. in.a surveillance camera at a new jersey car wash captures a white station wagon driving through the parking lot... and straight into the rive

the hugely popular smartphone accounts for neither half of apple's total sales. many consumers postponed their purchase of the product. they have apparently been anticipating the launch of a new model in the near future. >>> meanwhile sales of the ipad tablet soared 84% compared to the previous year. its new model had just come out in march. apple's top executive, tim cook, expressed confidence in the firm's ability to boost its earnings further. he says apple will continue to launch innovative products. >>> now over in spain, the country's government bond market took a hit once again, sending bond yields to a record high. that's because investors expect the country's finances will take another step for the worse. the yield on the ten-year government bond rose above 7.6% at one stage on tuesday. this is the highest level since spain adopted the euro. the yield posted a new record for a second day in a row. an interest rate above 7% would make it difficult for the government to rebuild its finances on its own. investors sold long-term bonds on reports that several

. >>> and we've all been there trying to operate a smartphone.xplain the new technology to help >>> at "right this minute" we love a good prank. >> dude, what the [ muted ]? >> this prank is called the wig from my own hair prank. this was performed by a guy named josh. josh cuts off his long curly locks. >> he gave himself a mullet along the way. >> he did the weird part -- he made a wig by gluing his own hair into the wig base to make it look like the hair he used to have. the beginning of this video is set to a song called "alf." >> doesn't look too bad. hopefully just looks like i had a haircut. >> texit looks like his hair. >> it is his hair. the prank was he was going to go around to all of his family and friend ant just take off his hair. he tells all of his family and friends, they are part of a video project. this part of the video is set to a song called "game boy tune." people are laughing about it. one lady actually gets a little freaked out. >> oh, my god! >> after he surprises everyone, he tells everybody, yeah, this is actually my r

leaped to 32%, thanks to a smartphone launched in may. apple dipped to 16%. for tablet computers, apple had a global share last year of 62%. what complicates the company relaotianshr relationship. the giant requires them for semiconductors for cell phones. industry experts say a prolonged court battle would hurt both firms. a patent war will not benefit consumers. if apple wins, samsung may have to stop selling phones in the u.s., or modify their design. and itch the jury favors samsung, apple may have to pay huge fees to use its rival's patents. win or lose. the lawsuit spells damage all around. >>> new york based bank is suing lenders in a scandal over manipulation of interest rates. lawyers for the berkshire bank filed suit against 16 financial institutions. they say those lenders cheated berkshire out of income by setting the london interbank offered rate lower than actual levels. the bank is seeking damage from all financial institutions that reported dollar based libor rates from august '07 to may 2010. bank of america, citibank, japan bank of tokyo, mi

amazon should stay out of the smartphone business. that's what at least baird is saying in the research note this morning. they say risks and costs outweigh the potential benefits especially with the apple iphone being dominant. they say it makes sense for amazon but a phone does not. >> yeah. >> i don't know. >> a tablet, it makes sense. you use a tablet to engage in commerce to buy content and further amazon's other money making businesses and a phone, why bother with a phone? >> do you want to wake up in the morning and say, you know what, you want to go against apple? the fewer business lines you have against apple, the less business do you in italy and spain, they're like touch stones. don't go off against apple. give them that. also, apple has this curious relationship with the telco providers and they would rather nokia did better because they could make more money and that didn't work and this is a battle ground littered with players that were geniuses and you are going up against blackberry. remember when blackberry was good

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my smartphone is the one thing that i never leave my house without, and it's the one thing that if ii go back to pick it up. it would be impossible to do the things that we're doing with foursquare if it wasn't for all the technology you find in a smartphone. blue shirt: when the technology's right, anything can happen. vo: get the exclusive white samsung galaxy s iii on sprint. only at best buy. >> jon: that's our show. join us tomorrow night. i'm going to say this i don't care who hears me. rashida jones, charming individual, you heard me. i just said it and i don't care who knows it. join us tomorrow night at 11:00. here it is, your moment of zen. >> been here 23 years. and it is a reminder, i've been leer when it was glory hole days and when it wasn't. and so having said that, i captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org ♪ ♪

apple claims samsung copied the design, the touch screen technology you see on every smartphone.amsung denies the charges claiming that town screens have long been the industry standard. apple is demanding $2.5 billion in damages. if it wins, that is the largest patent verdict ever. trace has the news from the west coast. trace, it is my understanding jury selection is underway right now. >>trace: they are at lunch but a jury of ten will decide the case. it is interesting because the judge has the power to overrule the jury if she believes they made the wrong decision, it is a very high-tech case but as you said, a very simple premise that apple thinks samsung ripped off the design. they plan to show in court when people walk into a best buy store, they believe the sam punk galaxies are ipads and samsung part moan is an iphone. and samsung apple cannot patent a black triangle, like patenting the shape of an airplane. but experts say this should actually be decided in the marketplace, not the courtroom. >> let consumers decide. let they buy what they want. you cannot kill products

combined both companies produce the top two smartphones in the world. >> this is really a test to see whether or not the technologies that apple has developed over the last number of years are in fact being protected by laws and courts but also being infringed upon by competitors like apple and samsung. >> reporter: jurors won't hear is what apple's late founder steve jobs had to say about device makers like samsung using google's android operating system.. jobs said quote, "i'm going to destroy android, because it's a stolen product. i'm willing to go thermonuclear war on this." apple wants $2.5 billion in damages, but more painful could be if samsung is barred from selling its smartphones and tablets in the u.s. kessler says it's about setting precedent for other device makers on how closely their designs can resemble apple's iphone and ipad. >> if you think about it, samsung is involved, google is involved, microsoft is involved. you have a whole host of companies that are kind of lining up to compete in this particular category. >> reporter: the trial is expected to last about fou

the consumer electronics association says the sale of smartphones and tablets will make up 30% of all electronic revenue this year. expected to account for $7.9 billion in revenue. >>> hundreds of thousands of strollers are being recalled by peg perego. the company says children can become trapped between the trace. a 6-month-old died of strangulation in 200046789 two years later a 7-month-old was nearly strangled. this recall includes the vienza and plieco3. also 5600 of the contour options being recalled sold between february and july. the strollers pose falling and choking hazards. >>> 50 shades of grey seems to be getting crazier. a hotel in england has replaced the bible with the best selling book. the hotel operator says he put the book in the room because, you know, everybody is reading it nowadays. he thought it would be a hospitable way to have the steamy novel available but the local victor not happy about it. he has been denouncing the move. the. >> it's almost too crazy to believe. it almost peoples like a hoax that story. >> doing it just to get some attention. >> apparen

or will it be split between other platforms like smartphones and tablet computers? >> it would seem to me that the first contest or first struggle might be with the entrenched distribution system for books in japan. certainly in japan, it's a big book market. about $22 billion a year. about 1.5 billion books are printed every year. but amazingly, all of this is still done through host of distributors and book stores. 15,000 bookstores in japan. certainly, i think there's a lot of resistance to change but if they can deliver a system for the publishers to publish books at lower costs with higher margins, this could be the first battleground they might win and then reach out more strongly to consumers. >> okay. and speaking about getting it spread and saturated in this region, what have been some of the main hurdles for the creators of the continent and the physical devices. >> certainly in asia there's a diverse population, many languages and japan has a population that, obviously, reads in japanese characters. high resolution displays are very crucial for this marke

. >>> two teenagers suspected of committing a series of smartphone robberies targeting bart passengers have been arrested july 18th. investigators believe the teens are also responsible for robberies at the glen park, 16th street and 24th street stations. police say the thieves stalked targets and robbed them at the station. they used pepper spray on anybody trying to intervene. bart police are looking for more victims. go to abc7news.com to find information on how to contact authorities if you think you were robbed by those teens >> another delay in the case of the south bay man accused of murdering 15-year-old sierra lamar. antolin garcia-torres was to enter a plea today that hearing was postponed. he was appointed a new attorney. about a dozen friends and supporters of the lamar family showed up at the courthouse. many of them have been involved in the search for the 15-year-old who disappeared march 16th on her way to the school bus stop. her body has still not been found. >> just being there, my presence, it is supporting the family. they are not -- they are not able to be here. b