We have just been tipped off about the possible name for the next jailbreak by Geohot, called Rubyra1n. The domain Rubyra1n.com was registered by the iPhone hacker named George Hotz (aka geohot) on 27th March 2010.

One of the most annoying limitation of iOS 4.2’s AirPlay feature is the inability to stream videos that you took on your iPhone to your PC or Mac with iTunes via AirPlay, or to the Television sets connected to the 2nd-gen Apple TV.

AirPlay was introduced with iOS 4.2.x which allowed users to stream audio, video and photos via supported iOS devices so that you can watch them on your television sets (using Apple TV). This feature though came with its share of limitations, the primary being the lack of support for third-party apps, and audio-only streaming from Safari.

Apple has just released the very final version of iOS 4.2.1 for iPhone 4, iPhone 3GS, iPhone 3G, iPad and iPod touches. This version of iOS brings a number of new features for iPhone, iPad and iPod touch users including: Multitasking, Folders and Game Center for iPad, AirPrint, AirPlay, and other system wide changes and improvements.

Its official now! Apple has just issued a press release, confirming that the much awaited iOS 4.2.x software update will be be publicly available today for download via iTunes 10.1. Full press release is as follows

Apple today has released iOS 4.2.1 GM for iPhone 4, 3GS, 3G, iPad and iPod touches. This build which is currently available to developers only can be jailbroken using the current version 0.9.6b2 of Redsn0w. For those of you who don’t know, Redsn0w 0.9.6b2 is based on Geohot’s Limera1n exploit which can pwn all iOS devices for life.

Alright guys, here is a quick heads up! Apple has seeded iOS 4.2.1 GM to developers hinting towards the fact that final version will see the light of day soon. If you’re one of those who are currently relying on a jailbreak or a carrier unlock then we highly recommend that you avoid updating to iOS 4.2.1.

Apple has just released a second iOS 4.2 GM seed for iPad. This new Build 8C134b for iPad has been released in the wake of WiFi bug which we reported about yesterday.

The final version of iTunes 10.1 for both Windows and Mac has just been released. This version of iTunes will be required to install iOS 4.2 (when released) on iPhone, iPad and iPod touch.

The final version of iOS 4.2 was originally scheduled to drop sometime this week. We then heard about reports of it being released on Friday (Tomorrow), with iTunes 10.1 and Mac OS X 10.6.5 on this past Wednesday. While OS X 10.6.5 did drop on time, iTunes 10.1 didn’t.

Mac OS X 10.6.5 was supposed to bring AirPrint support for any printer connected to a Mac. Reportedly, Apple has removed AirPrint support from OS X in the final release of 10.6.5 due to some last minute patent issues.

I have just been tipped off by one of our readers who has got a reply from Chpwn, confirming that Cydia is now ready for primetime use on iOS 4.2.