Software Update

Apple to Hold Media Event; Speculation on New Products Builds

Apple (AAPL) will host a media event today, amid a frenzy of speculation about what new products the company will unveil. Top of the list is a new version of Mac OS X, the computer operating system. The invitation send to reporter and bloggers last week included an Apple logo with the image of a lion, ABC News reported.

IPhone Update May Address Multitasking Complaint

Topping the wish list for the iPhone and iPad: broader ability to run more than one program at a time. Users who bemoaned the lack of multitasking may at last get their gripes addressed in software updates for the iPhone and iPad tomorrow -- though Apple has promised nothing.