Interesting this: Sony (NYSE: SNE) Ericsson (NSDQ: ERIC) is launching a phone where a user can simply wave their hand it to mute the ringtone and ignore a call. The Z555 flip cover phone will be available in the first quarter, reports Reuters. Also, a consumer using the phone as an alarm clock can activate the snooze function by waving across the phone. And yes, here’s to hoping that doesn’t happen much by accident..