BUSINESS

A study by Cisco found that 90 per cent of young people in Australia, or those under 30 years old, fear having no mobile phone. That fear is called nomophobia.

Microsoft is cutting prices of its Surface tablets in what is seen as the tech giant unloading its inventory to prepare for refreshing the Surface line.

Besides releasing in October 2013 the Moto X smartphone, Motorola Mobility's first handset since it was acquired by Google, the company is working on new methods that would make remembering passwords unnecessary.

May; A month which was charactarised by the US Federal Reserve signalling, tacitly or otherwise, that it was developing a strategy to exit its quantitative easing policy. The impact on the local market has been significant. The ASX200 has shed 4.7%, marking its worst decline in 12 months. Additionally there has been a precipitous decline in the Aussie dollar which has also dealt confidence a blow. The local unit has lost more than 7% in May.

Breon Nagy of Minessota becomes the first man in the world to have recorded a wedding proposal using the wearable computer Google Glass. Nagy proposed to his designer girlfriend Amanda Ingle in Leeds Castle in Kent, Britain.

HTC is rumoured gearing up to battle the upcoming Samsung Galaxy Note 3 with HTC T6 featuring 5.9 inches of screen display and Android 5.0 Key Lime Pie.

Up until just before lunch, the Australian market was improving for the third time this week. Global markets were up modestly overnight, with shares in the US up 0.1 per cent while the German market jumped by 0.8 per cent.

Clothing retail giant H&M has promised to invest more on healthy or plus size models for its advertising campaigns. The company admitted that they previously focused on too-thin models becoming irresponsible in the process. For a change, the company’s newest advertising campaigns will be about healthier bodies.

October 2013 is another special date should be mark to all gadget fans out there as iOS 7, iPhone 5s, Android 5.0 Key Lime Pie and LG Nexus 5 are expected to be launched on the same season.

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

Investors are leaving the iron ore industry as price of the key steel-making ingredient went down anew to $112.90 per tonne. The 22 per cent cut in iron ore price from the average price of $145 per tonne in the March quarter would result in $18 billion losses for iron ore producers in Pilbara.

A prototype device from LG is being tested for at least a month which revealed to be the upcoming Nexus 5 running Android 5.0 Key Lime Pie and expected to come out by October this year.

By Rudi Filapek-Vandyck, Editor FNArena****Shares of mining services providers have been significantly de-rated since the second quarter of 2012.

Investors in Australia have grown a little more cautious following double digit returns for equities since mid-2012, despite having only sparingly participated in the rally.

The Moto X smartphone will move from being a rumour to a real device in October when Google's Motorola Mobility will roll out the mobile phone which will be manufactured in Fort Worth, Texas.

By Greg PeelThe Dow closed up 21 points or 0.1% while the S&P gained 0.4% to 1654 and the Nasdaq added 0.

Touted as one of the largest investment to be made by ABP China Holding Group, the new business gateway, which is to be developed on 35-acres of Royal Albert Docks by the company, will be the 'third largest financial district in the capital.' A news byte by Greater London Authority discusses the project and underlines that the venture would generate £23 million in business annually.

The property market is slowly recovering as the mortgage lender announced that the UK saw home price increase mildly in May. In fact, the country witnessed the fastest annual rate in 18 months as official initiatives started bearing fruits.

Local shares slumped by 0.9 per cent today, comfortably wiping out the previous two sessions of gains. The falls were partly due to the Organisation for Economic Cooperation and Development (OECD) cutting growth forecasts for the global economy overnight.

Michael Bay and his team are gearing up for Transformers 4. Production of the fourth installment of the movie franchise has started and the director was generous enough to provide a sneak peak – two new Autobots and Optimus Prime’s new look.

Facebook advertisers pulled out their ads after an anti-sexism campaign drew attention to Facebook pages that contained posts promoting violence against women.

Australian stocks have hit a 5 week low in early trade following weakness on Wall Street overnight and a cut to global growth forecasts from the OECD.

Cathy Kearney, 49, works for Apple Operations International in the city of Cork. Kearney is in charge of Apple's successful operations in Ireland. Apple's subsidiary in Cork is responsible for selling iPhones, iPads and Macbooks to African, European and Middle Eastern markets.

Owners of the Samsung Galaxy S3 Verizon variant will receive a massive software update in a few days. It includes handy new features such as multi-screen and multi-window functions.

The International Monetary Fund has lowered the growth forecast for China for the second time in just six weeks, saying it expects growth to reach "around 7.75 percent" this year. The Washington-based institution also warned that Beijing needs to make a "decisive push" to launch new market-oriented reforms and raised concerns about a rapid expansion of credit in the world's second largest economy.

By Alexander Green, Investment U Chief Investment StrategistNo one likes to hear an investment analyst say, "I told you so.

By Jonathan BarrattGlobal Markets ? Japan comes back into focus?"When in May stay away" is the normal catch-cry for traders this time of the year, although so far you would wonder given record highs in the US equity markets.

Most people don't realise their car is actually a powerful computer. Computers in modern cars control the multimedia system, sat-nav, dashboard and engine. And approximately one third of all computing in cars is just to tell you what's going on.

The OECD, in its newest report, did not present a colorful picture of the eurozone as it cut growth outlook for the 17-state bloc. The Paris-based organization underlined that the harsh economic conditions in Europe pose a threat to the global economy, thus the European Central Bank should take steps aimed at fostering growth.