Researchers discovered that the iPhone and 3G iPads track and save everywhere you take the devices. The data is stored in a file that serves no practical application, yet contains information that law enforcement shouldn’t even have access to. There’s not a huge risk that a hacker will get this information, but it’s making many question Apple’s motives. In other news, Kindle owners will soon be able to rent e-books from their local public libraries. The Kindle Book Lending platform will retain any highlights and annotations made on borrowed books if the user re-rents or purchases it. The service will roll out later this year and has libraries worried about the physical book market. And finally, Apple posted second-quarter profits that were nearly double that of last year. Second-quarter net income reached nearly $6 billion, with iPhone sales the strongest in two years. Apple’s stock traded as high as $353.39.
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