Following its initial 2008 release, the app was revised to incorporate ads (location-based as well as regular display ads and sponsored listings) and premium services.

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Shares of chipmaker Zoran are trading sharply higher Friday morning after the company reached a revised deal to merge with U.K.-based CSR.

FORBES: Connect

Apple's revised policy will now allow apps to be written using a Flash-based tool, and also removes restrictions on what other programming languages developers may use.

WSJ: Apple Blinks in Apps Fight