Apple has released a Lion Recovery Update which includes improvements to Lion Recovery and addresses an issue with Find My Mac when using a firmware password.
The Chronic Dev Team has announced that they've found 5 userland exploits in iOS 5 making it very likely that an untethered jailbreak will be available for the upcoming firmware.
Apple has posted a new support document warning users that the iPhone 5 will stop functioning properly unless it's upgraded to iOS 10.3.4 by November 3rd.
Foxconn is putting another quarter-billion dollars into its Indian manufacturing operations, with plans to build a new factory in Tamil Nadu focused on producing iPhone enclosures.