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Blogosphere  January 12, 2007

Apple dials in iPhone for June

Apple CEO Steve Jobs unveiled his company's answer to the Blackberry: the iPhone, which begins US shipping in June. Shares for Blackberry manufacturer RIM fell nearly 8% after the market whipped itself into a frenzy of anticipation over the spiffy device.

- JS

| TIME | TechWeb |

Chávez rhetoric sends shiver through market

Newly reelected Venezuelan president Hugo Chávez expressed plans to nationalize the country's privately held telecom and petroleum concerns. The news sent Caracas' IBC index down a staggering 20% as investors unloaded.

- JS

| Washington Post | Times, UK |

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