technology firm apple has announced a smartphone deal with china mobile. the phone carrier is the largest in china, with more than 760 million subscribers. under the agreement, apple will supply the latest iphone models starting january 17th. the phones will operate on the carrier's high-speed 4g network. apple has been selling iphones in china under agreements with others. the company expects to get a boost in the market where it lacks behind competitors like samsung. the company's global profits fell for a third straight quarter in the july to september period. apple's chief executive officer tim cook says china is an extremely important market and the company is excited to begin working with china mobile. >>> antigovernment protests in thailand have been under way for nearly a month. this has prompted prime minister jink luck shinawatra, who announced she will dissolve the lower house for a general election in february, and now the protests are starting to affect the country's tourism. protesters gathered on sunday to call for the resignation of the pri

apple, facebook and google with users and customers concerned about government snooping are calling on the obama administration to scale back the surveillance practices. some firms are working on technology to shield user data from government spies. but in the case of telephone records, legal experts expect appellate courts to back the nsa. 15 judges have ruled 35 times to uphold the program. >> i think it's more likely than not that this case will be overturned. >> reporter: the white house says it is reviewing which spying programs should continue. ko im for cbs news, the white house. >> judge leon had expected a government appeal so he's put his ruling on hold for now. >>> today the push continues to increase d.c.'s minimum wage. earlier today d.c. councilman tommy wells joined a growing list of d.c. residents calling for an increase of the minimum wage to $12.50 by the year 2017. and to demonstrate how hard it is for families to get by on the current minimum wage $8.25, councilman wells is living on just $98 a week. that covers food and transportation costs for thousands of district residents who are paid the minimum wage. >>> right tbhow the southbound lanes of -- right now the sout

firm against the yen. right now dollar/yen at 102.75. >>> a court rejected a claim made by samsung that apple inflingd on patents. samsung accused apple of copying three technologies for tablets and smart phones. they include multitasking allowing users to input text while other applications are running. the seoul central district court said two of the three technologies can be easily developed based on those apple publicized in the 1990s and also dismissed samsung's claim that apple violated the patent for the other technology. samsung said in a statement it will continue to take the necessary measures to protect its intellectual property rights. samsung and apple are involved in a number of legal battles in various parts of the world. last month jurors in california delivered verdicts in favor of apple. samsung may be ordered to pay over $900 million in damages. some south korean media say samsung should revise its legal strategy following its defeat at home. that is going to wrap it up for biz tonight. let's see how things are looking on the markets. >>> protesters in bangkok are continuing their sit-in outside the prime minister's office, demanding the immedia

apple, pandora, napster decimated the music industry, but they are turning to them for live revenues. these stage set is dominated by a technology driven firm, 2, 3, 4! ♪ >> the concert business setting up for a high technology. these days the best show off and is the best stage. it is an arms race and the leading armed dealer is a private company in the heart of amish country in rural pennsylvania. >> these days you build your relationship with your customers in the line of experience. >> justin timberlake, elton john ,u2 -- all have turned to tait. >> we have people who went to airing school. process starts with 3-d modeling on software. on autodesk. they are shipped all over the world, slapped together, disassembled, and shipped to the next gig. the man behind it all is james whitten ferrell. he started it when he was in college. to do it financially responsibly, which is usually the most difficult thing because everyone has champagne wishes and caviar dreams, but they do not have that budget. money tois a lot more be made from live shows than recorded music. buble usedcle -- tait towers for his biggest chore yet. >> if you are going to