Before the Senate Budget Committee, the Federal Reserve chairman continued to defend against criticism of efforts to simultaneously control inflation and unemployment. Apple today announced iBooks 2 for iPad, featuring iBooks textbooks, an entirely new kind of textbook that’s dynamic, engaging, and truly interactive. iBooks textbooks offer iPad users gorgeous, full-screen textbooks with interactive animations, diagrams, photos, videos, and unrivaled navigation. Leading education services companies including Houghton Mifflin Harcourt, McGraw-Hill, and Pearson will deliver educational titles on the iBookstore, with most priced at $14.99 or less. And with the new iBooks Author, anyone with a Mac can create iBooks textbooks and publish them to Apple’s iBookstore. Starting today, iBooks 2 is available free from the App Store and iBooks Author is available free from the Mac App Store Vogue’s “Need It Now” column features the new Cards from Apple, which lets users create and mail beautifully crafted cards personalized with their own text and photos from their iPhone or iPod touch. Each card is just $2.99 when sent within the U.S. and $4.99 when sent to or from anywhere else — postage included. Vogue calls the Cards app “nothing short of genius” for reviving the almost forgotten pleasure of receiving a “real, honest-to-goodness paper greeting card in the mail” and concludes: “This is the kind of vintage innovation we would all do well to download.” 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.” Eli Manning wins the Super Bowl, but not his freedom from football. It's a special GOOMF Blast! Most Clippers Fans Still Have No Idea Team Is Doing Well 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.” Republicans will reveal the identity of the Mystery Candidate only after he, or she, wins the election. 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. Check out the news from the launch and be among the first to download Internet Explorer 9. 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.” A federal appeals court panel ruled Tuesday that a voter-approved ban on gay marriage in California violated the Constitution, all but ensuring the case will proceed to the United States Supreme Court. Wired Magazine reports that Newsstand, a new feature of iOS 5, is “hitting it big with traditional media publishers thanks to its windfall delivery of new digital subscriptions.” Newsstand keeps all app subscriptions for newspapers, magazines, and journals in one convenient place on the iOS 5 home screen and makes it easy to shop for new reading material. Wired cites Conde Nast and The New York Times among publishers seeing large spikes in app subscriptions since Newsstand launched. Reviewing iPhone 4S at TechCrunch, columnist MG Siegler finds much to like, including its faster speed, improved camera, iOS 5 with Notification Center, and Siri, which he calls “the true killer feature of the device.” He adds: “The iPhone 4 was a great product. The best smartphone ever made. Now it cedes that title to the iPhone 4S.” 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. 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. Karen Handel’s resignation Tuesday came after a dispute over whether the Susan G. Komen for the Cure foundation should give funding to Planned Parenthood. 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. Apple today announced financial results for its fiscal 2012 first quarter, which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads, and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.” 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. Experts say Mitt Romney appears to have benefited from an investment technique that has long frustrated Congress.