Web Exclusive: App unveiled to help invest like a billionaire - KYTX CBS 19 Tyler Longview News Weather Sports

Web Exclusive: App unveiled to help invest like a billionaire

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(CBS) - There's a new app for your iPhone that claims to make it easier for you to invest like a billionaire-- though it can't promise to turn you into one.

iBillionaire, tracks what Warren Buffet, Carl Icahn, Bill Ackman and other financial big wigs are buying and selling.  The app also lets you see what they paid for each holding and sends out individual alerts to show how your portfolio stacks up against theirs.  Right now the app is only available for iPhone. An android version is still in the works.

Two rivals in the auto industry are teaming up. General Motors and Ford will work together to develop a new generation of fuel-efficient automatic transmissions.  The companies said their engineers will jointly design 9 and 10 speed transmissions that will go into many of their new cars and trucks.

If you're in the market for a new TV or just want to dream about a new TV, check out the 55-inch plasma in the Panasonic ST60 series.  It's the first television to get a 5-star rating from CNET.  What makes it the most recommended TV ever? For the midlevel price range, it has outstanding quality and plenty of smart TV content.  Of course nothing is perfect and like everything there are a few downsides.

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