Before the Senate Budget Committee, the Federal Reserve chairman continued to defend against criticism of efforts to simultaneously control inflation and unemployment. Apple announced that GarageBand, its breakthrough music creation app, is now available for iPhone and iPod touch. Introduced earlier this year on iPad, GarageBand uses Apple’s Multi-Touch interface to make it easy for anyone to create and record their own songs, even if they’ve never played an instrument before. GarageBand 1.1 for iPad, iPhone, and iPod touch is available on the App Store for $4.99 (US) to new users, or as a free update for existing GarageBand for iPad customers. The resignation at the Susan G. Komen for the Cure foundation comes after a dispute over whether the group should give funding to Planned Parenthood. The Obama campaign said it was refunding more than $200,000 raised by the family of a casino magnate linked to violence and corruption in Mexico who has been seeking a pardon. USA Today reviewer Edward C. Baig describes his experience using the first Multi-Touch digital textbooks published for the iBooks 2 for iPad app, noting that they are “engaging in ways that were simply not possible with the textbooks I grew up with.” Baig likes the portability, updatability, and low pricing of iBooks 2 digital textbooks and touts specific features like instant search, highlighting, bookmarking, and interactive graphics. Writes Baig, “It’s better to see an animated tour of the genome in E.O. Wilson’s Life on Earth than just to read about it. ” Talking Trash Apple today released Final Cut Pro X version 10.0.3, a significant update to its revolutionary professional video editing application. Version 10.0.3 introduces Multicam Editing, which automatically syncs up to 64 angles of video and photos; advanced chroma keying for handling complex adjustments right in the app; and enhanced XML for a richer interchange with third-party apps and plug-ins that support the fast growing Final Cut Pro X ecosystem. It also includes a beta version of Broadcast Monitoring that supports Thunderbolt devices as well as PCIe cards. Final Cut Pro X version 10.0.3 is available from the Mac App Store for $299.99 (US) to new users, or as a free update for existing Final Cut Pro X customers. Completely Whipped Man Crying At Wife’s Funeral In a CNET Editors’ review, Jason Parker gives the new GarageBand for iPad, iPhone, and iPod touch 5 out of 5 stars, citing the app’s “uniquely designed and authentic-sounding instruments, smart touch interface, and tools that make song creation easy.” He adds: “Anyone with even a passing interest in creating music should download GarageBand for iOS. Frankly, we wish we could give it more than five stars for the virtually unlimited song possibilities, ease of use, and excellent touch-screen controls.” Apple today announced that iPhone 4S will be available in China and 21 additional countries on Friday, January 13. iPhone 4S features Apple’s dual-core A5 chip for fast performance and stunning graphics; an all-new 8-megapixel camera with advanced optics; full 1080p HD-resolution video recording; and Siri, an intelligent assistant that helps you get things done just by asking. “Customer response to our products in China has been off the charts,” said Tim Cook, Apple’s CEO. “With the launch in China next week, iPhone 4S will be available in over 90 countries, making this our fastest iPhone rollout ever.” Apple today announced an all-new iTunes U app, giving educators and students everything they need on their iPad, iPhone, and iPod touch to teach and take entire courses. The all-new iTunes U app lets teachers create and manage courses — including essential components such as lectures, assignments, books, quizzes, and syllabuses — and offer them to millions of iOS users around the world. The app also gives iOS users access to the world’s largest catalog of free educational content from top universities including Cambridge, Duke, Harvard, Oxford and Stanford. And starting today, any K-12 school district can offer full courses through the iTunes U app. Man Wants To Give To Local PBS Affiliate But Can't Stand Thought Of Free Doo-Wop Album New York Times columnist David Pogue reports on AssistiveTouch, an “amazingly thoughtful” iOS 5 feature that makes it possible to complete Multi-Touch gestures using one finger or a stylus. Writes Pogue: “I doubt that people with severe motor control challenges represent a financially significant number of the iPhone’s millions of customers. But somebody at Apple took them seriously enough to write a complete, elegant and thoughtful feature that takes down most of the barriers to using an app phone.” On Mike Tyson Being Inducted Into WWE Hall Of Fame The Benetton Group, headquartered in Venice, Italy, is internationally known for its lively fashions and memorable ad campaigns. Recently, they created a fast, color-accurate iPad catalog app that replaces bulky, production-intensive hardcopy catalogs. As a result, the company saves 60 days per year in preparing its sales materials for its staff and is able to adapt instantly to changes. Republicans will reveal the identity of the Mystery Candidate only after he, or she, wins the election. Man In International Airport Only Speaks Business Students at Punahou School in Honolulu, Hawaii, are using Mac notebooks to research class assignments and show results in ways they never could before. These include songs and podcasts recorded and edited in GarageBand, digital presentations and portfolios created in Keynote, campus news videos edited in iMovie and Final Cut Pro, and even iOS apps built using Xcode. Says sixth grade teacher Sandy Chang, “The Macs in my classroom are completely indispensable.” WASHINGTON—Department of Health and Human Services officials held a press conference Monday to announce that while no studies had been conducted to establish that the practice is unhealthy, people still should not eat candles. LOS ANGELES—At a press conference Monday, Everton and Los Angeles Galaxy forward Landon Donovan announced his signing of a $2-Per-Goal contract with his grandparents Frank and Dianne Donovan—a full 100 percent raise from his previous ag... Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.