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So after a three week battle between Apple Inc. and Samsung Electronics Co. over patent issues the two tech giants will make closing arguments on Tuesday in a Court in San Jose before a jury of nine and Judge Lucy Koh. The jury will decide in this multi-billion dollar case, whether Samsung, "ripped off" Apple as stated by the company's designer Christopher Stringer or whether it just drew inspiration from its competitors, as Samsung puts it.

On Monday Apple Inc. (AAPL on Nasdaq) became the most valuable private, reaching a $622 billion trading in midday thus breaking all records in the stock market history. Its stock later on went to pass the $644 million, i.e over 2.4 percent.

The Electronics retail mogul, Best Buy, has named Hubert Joly, former head of a global hospitality company as the new CEO and President of the company on Monday. The decision comes a day after the company rejected an offer by founder, Richard Schulze, to acquire the company for $9.5 billion with a small group of private partners.