EDGE Provincetown

Bloomberg LP, the financial news and information service, says it’s appointing Samuel Palmisano, the former CEO of IBM, as an independent advisor on its privacy and data standards.

Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.

Two conservative religious groups say they were also the subject of unusual scrutiny from the Internal Revenue Service.

BlackBerry maker Research In Motion has unveiled a lower-cost BlackBerry that is designed for emerging markets.

Abercrombie & Fitch’s controversial CEO has come under fire once again for comments he made in 2006, where he said he doesn’t want uncool or overweight women to wear his clothes.

Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year through March due to restructuring costs and slumping sales.

It’s the first time YouTube is introducing all-you-can-watch channels that require a monthly fee. The least expensive of the channels will cost 99 cents a month but the average price is around $2.99.

AOL Inc. said Wednesday that its first-quarter net income jumped 23 percent, helped by an increase in global advertising revenue.

Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.

YouTube is set to announce within a few weeks a series of channels that will require payment, a person familiar with the matter said Monday.