Apple became the first US company with a market value of more $800bn as investors bet the next iPhone will spur a resurgence in sales. The stock rose 1% on Tuesday to close at $153,99 in New York, giving it a
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Apple already tracks your steps and fitness levels, and now it wants to analyse your sleep. The Cupertino, California-based technology giant has acquired Beddit, a maker of sleep-tracking hardware and software, according to a message on the closely held
Anti-terrorist officials in the US are considering expanding the restrictions on carrying electronic devices in airline cabins beyond the handful of Middle East airports currently covered. Asked if the laptop ban could be expanded to
Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway shareholders over the weekend was a sobering fact: finding the next big thing is hard. The Berkshire CEO spoke at length Saturday about his failure
Incensed over Apple’s decision to stop paying it billions of dollars in licensing fees for smartphone chips, Qualcomm plans to retaliate by asking a US trade agency to ban the imports of iPhones, according to a person familiar with
Tesla assured investors its highly anticipated Model 3 sedan is on track to begin production, mitigating concerns that the car maker, led by Elon Musk, is burning through more cash to bring the
Apple reported falling iPhone sales, highlighting the need to deliver blockbuster new features in the next edition of the flagship device if the company is to fend off rivals like Samsung Electronics. Investor confidence has been mounting ahead
Sony shares jumped to their highest since May 2015 after a bullish earnings report triggered analyst predictions that the electronics maker could achieve record profit this year. The Tokyo-based company rose
IBM’s compensation plan for top executives drew record shareholder opposition after the board boosted CEOGinni Rometty’s pay package more than 60% last year. About 46% of the votes cast at the 25 April annual meeting in
Satya Nadella’s plan to reshape Microsoft as a cloud computing company hit a snag in the third quarter, when lacklustre sales of Surface tablets and weaker demand for corporate software support services kept revenue growth in check. Adjusted sales