iPhone offer Cut and paste enhancements to up coming version

Apple Inc. is updating its software for iPhones so that users can cut, copy and paste text — a basic computing feature that was missing from the gadget that seems to do everything.

At an iPhone event for journalists Tuesday at Apple headquarters, the company also pledged to broaden the way that third-party software programmers can build and sell content for the device.

Among other things, software developers now will be able to create applications that have items for sale within them, such as electronic books or additional levels of a video game. And developers will be able to access the music within users' iPhone libraries, so songs they own can be included in games, for example.

IBM in talks to buy Sun Microsystems

IBM Corp. is in talks to buy Sun Microsystems Inc. for at least $6.5 billion in cash, a deal that would shake up Silicon Valley and the corporate computing market, The Associated Press has learned