New iPhone

Apple plans to launch a new iPhone with a faster chip for data processing and a more advanced camera in September, Bloomberg said. The new iPhone will include the A5 processor along with an 8-megapixel camera, the report said, quoting two people familiar with the plans. Apple is also testing a new version of the iPad that has a higher resolution screen, the report said, adding a cheaper version of the iPhone aimed at developing countries is also in the works.

A U.S. judge rejected Samsung’s request for a peek at Apple’s unreleased iPhone and iPad, brought in the course of high-stakes patent litigation between the two companies. Apple sued Samsung in April, claiming Samsung’s Galaxy line of smartphones and tablets infringe several patents and trademarks. Samsung counter-sued, asserting its own patents against Apple. In the ruling, the judge said Apple’s legal claims are only based on its products that have already hit the market.

A senior Chinese official said there is no cyber warfare taking place between China and the United States. The two countries might suffer from cyber attacks, but they were in no way directed by either government, Vice Foreign Minister Cui Tiankai said.

Online video site Hulu has been approached by a potential buyer and is weighing whether to sell itself, according to a person familiar with the matter. Hulu is jointly owned by News Corp, Walt Disney, NBC Universal and Providence Equity Partners. The approach presents another decision point for the company, which has shown an unclear strategy and last year spent six months planning an initial public offering before dropping the plan. The acquisition approach has not been made by any of the current equity holders, the person said. The buyer is expected to be either a strategic buyer or private equity.

Shazam, whose technology lets people use their mobile phones to learn the names of catchy songs, raised $32 million in funding to bolster expansion plans and move the company closer to a potential public stock offering.

Digitimes reported that Amazon will launch its own line of tablet computers as soon as August or September, according to Taiwan-based component makers.