Finally, it happened. Apple has just issued an official press release about the iPhone 4 “problems”. It turns out, the iPhone 4 comes with a “totally wrong” formula for calculating the signal strength - it displays more bars than it should. The good news is, this will be fixed with a software update soon.

Still, it seems like you’ll have to keep holding the phone without touching “the spot”. If you’re in a low signal area, the reception issues will still happen, but iOS will display the signal drop more accurately.

Check out the full press release below.

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I’ve been holding back the past few days because many of you readers don’t like Verizon news. When Bloomberg broke wind and everyone went crazy with the news, I decided not to report it. But you’re going to have grin and bear it again, because it’s getting incredibly loud out there.

Yes, Bloomberg reported a Verizon iPhone coming in January. Lots of headlines were passed around, and even those close with Verizon were questioning whether it’s really happening. But at this point I want to make something clear, and recent rumors have reaffirmed my position: Apple is already sitting on a CDMA iPhone. They have been sometime now. All Verizon has to do is pull the trigger.

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Tapulous, developers of many iPhone apps such as the Tap Tap Revenge series and Twinkle, has been acquired by Disney - TechCrunch reports. Founded in 2008 in California, the company received $1.8 M in funding over the years, and collected many hits in the App Store - which made it one of the most succesfull mobile development companies ever.

Congratulations, Tapulous. Now please give us some awesome games, and stop messing with Bieber.

We know that both Google and Apple collect anonymous data about your phones when we use them. But Eric Schmidt from Google has one pressing thing to say: “You can trust us.”

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