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According to the Wall Street Journal, tech giant Apple is in talks with various programmers to offer a bundle of 25 channels online starting this year. Apple's streaming TV service will come with a $30 to $40 monthly subscription. The access to channels such as ABC, CBS and Fox will be offered to the users this fall.

However, Apple is not in talks with NBCUniversal, owner of the NBC broadcast network and cable channels like USA and Bravo, because of a falling-out between Apple and NBCUniversal parent company Comcast Corp.

Although, the tech giant was reportedly in early-stage discussions with Comcast a year ago to offer a streaming-television service that would allow Apple set-top boxes to bypass obstruction on the web. However, the negotiations failed.

On Tuesday, Japanese electronics and gaming company Nintendo announced that it is entering an alliance with Japanese mobile game company DeNA Co.

DeNA, which is based in Tokyo and was founded in 1999, has a reputation of an innovator and is one of the most successful of a new generation of Japanese technology companies. The company develops and operates a broad range of mobile and online services including games and e-commerce.

Nintendo has tied-up with DeNA in order to develop games for mobile devices. The alliance will combine Nintendo's intellectual property and game development skills with DeNA's expertise in mobile games.

Both the companies will focus on building apps for smart devices and setting up a worldwide membership service to launch this fall.

On Monday night, the Pendleton District Meth Suppression team arrested a man suspected of leaving a backpack meth lab inside a Muncie Wal-Mart last week. According to reports, the backpack was left inside the Walmart bathroom.

The man, Tyler Armstrong, was arrested by the squad at the Taco Bell on South Madison Street in Muncie. As per police, the 25-year-old man tried to resist the officers, but was arrested and taken into custody for further investigation. The man has also been charged for resisting law enforcement, the police further stated.

According to reports, chief financial officer (CFO) of Uber, Brent Callinicos, has decided to leave the job. Callinicos has decided to step down after working for about two years at Uber.

The reports stated that the CFO has taken the decision to spend more time with his family. Callinicos has provided more details about his decision in an email sent to the Uber team.

Callinicos said, "It is time to do what I have desired for a very long time; time to keep a promise to my wife of not missing another school play, swim meet, or academic achievement of our daughter's childhood".

Brent crude dropped below $54 a barrel in choppy trade on Tuesday. On the other side, the Atlantic dropped for a sixth session to only above a six-year low.

Recent reports suggested that the US rig count fell to 1,125 last week from 1,809 rigs a year ago. From the Past cycles it has been found that there is frequently a lag between when drilling stops and when oil supply stops growing. Brent was trading at $53.59, down 35 cents, by 0807 GMT.

The April contract that ended in earlier session closed down $1.23 after hitting $52.50 earlier on Monday. US crude was at $43.41 a barrel and it is down 47 cents. Jonathan Barratt, chief investment officer at Sydney's Ayers Alliance said that traders are going to be quite happy to see the spread go out to $15-20.

Canadian pharmaceutical major Valeant Pharmaceuticals International has increased its offer for Salix Pharmaceuticals to $10.96 billion in cash.

Valeant concentrates on neurology, dermatology and infectious disease with numerous drugs in late-stage clinical trials and numerous currently on the market. Salix Pharmaceuticals develops drugs and medical devices that prevent and treat many gastrointestinal disorders.

Salix Pharmaceuticals said yes to Valeant's new offer of $173 a share. The price offered is higher compared to $158 per share in cash late last month. According to experts, it would be the largest purchase that Canada-based Valeant ever made. It would be also better for investor Bill Ackman. Ackman made an announcement last week that he had purchased over $3