NEWSWORTHY
Apple deepens Austin ties with $1 billion campus, expands in other tech hotbeds
Apple plans to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs ranging from engineers to call-center agents while adding more luster to a Southwestern city that has already become a bustling tech hub. The decision, announced Thursday, comes ...
Chinese court bans some iPhones over Qualcomm patent dispute
U.S. chipmaker Qualcomm says it's won an order in a Chinese court banning some Apple phones in China as part of a long-running dispute over patents. Qualcomm said Monday that the Fuzhou Intermediate People's Court in China has granted preliminary injunctions ordering four Chinese subsidiaries ...
Russian tech giant Yandex unveils first smartphone to defend position against Google
Russian internet giant Yandex on Wednesday launched its first ever smartphone in a highly anticipated move into hardware that builds on popular service apps. The company behind the most widely used search engine in Russia and the ex-Soviet region has recently diversified to defend its ...
Microsoft's big bet on cloud computing is paying off as the company has surpassed Apple as the world's most valuable publicly traded company. The software maker's prospects looked bleak just a few years ago, as licenses for the company's Windows system fell with a sharp ...
Microsoft's stock market value pulls ahead of Apple's by $3 billion
Microsoft Corp.'s stock market value surpassed Apple Inc.'s and pulled ahead by as much as $3 billion on Wednesday as the Windows software maker benefited from optimism about demand for cloud computing services. Shares of Microsoft jumped 3 percent, pushing its market capitalization up to ...
U.S. justices skeptical of Apple in case alleging iPhone app sales constitute monopoly
The Supreme Court seemed ready Monday to allow a lawsuit to go forward that claims Apple has unfairly monopolized the market for the sale of iPhone apps. The court heard arguments in Apple's effort to shut down an antitrust lawsuit. Chief Justice John Roberts was ...
As demand slows, Apple iPhone supplier Foxconn plans deep cost cuts
Foxconn Technology Group, the biggest assembler of iPhones, has become the latest Apple Inc. supplier to warn of anemic demand, with an internal memo suggesting that expenses will be cut by almost a half next year. The contract manufacturer aims to cut $2.9 billion from ...
2% plunge as Dow rout continues amid tech woes, oil price fall
Stocks are skidding Tuesday as weak results from retailers and mounting losses for big technology companies push the market back into the red for the year. Energy companies are slumping because of a 7 percent plunge in the price of oil. Crude is on track ...
Stocks are tumbling Monday as technology and internet companies continue to take steep losses. The Dow Jones Industrial Average briefly fell 500 points. Retailers and industrial stocks also fell. Apple and Microsoft dropped almost 4 percent while internet retailer Amazon and aerospace company Boeing each ...
Apple CEO: Cambridge Analytica debacle proves tech industry is 'beyond' scope of self-regulation
Apple CEO Tim Cook predicts that new regulations of tech companies and social networks to protect personal data are "inevitable." In an interview with news website Axios being broadcast broadcast Sunday on HBO television, Cook said he expected the U.S. Congress would take up the ...
'Pay your taxes': Protesters greet Apple's Champs Elysees launch
The launch of an Apple store on the Champs Elysees in Paris was greeted Sunday by a protest against the U.S. multinational's controversial fiscal practices. Activists from the tax campaign group Attac gathered on the celebrated boulevard, wearing colored wigs and party hats, throwing confetti ...
Steps need to be taken to ensure that the operations of Internet giants such as Google, Apple, Facebook and Amazon are fair and equitable for all participants in the markets.
