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  • A portrait of the Twitter logo in Ventura
    Twitter confirms purported Bloomberg story is false Reuters - Tue, 14 Jul, 2015 4:59 PM EDT

    (Reuters) - A report claiming that Twitter Inc received an offer to be acquired for $31 billion attributed to Bloomberg LP is fake, Twitter and a spokesman for the news and financial data provider said …

    A portrait of the Twitter logo in Ventura

    (Reuters) - A report claiming that Twitter Inc received an offer to be acquired for $31 billion attributed to Bloomberg LP is fake, Twitter and a spokesman for the news and financial data provider said on Tuesday. Twitter shares jumped on the report, which was distributed on the Internet and closely resembled Bloomberg's …

  • A customer look at a mobile phone on display at an electronics market in Shanghai
    Xiaomi success inspires every man and his dog to make smartphones in China Reuters - Mon, 13 Jul, 2015 5:21 PM EDT

    The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer …

    A customer look at a mobile phone on display at an electronics market in Shanghai

    The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc [XTC.UL] with their own handsets. In a crowded market plagued by price wars, entrants will have to convince …

  • A shopper pushes a cart in front of a Wal-Mart store in Mexico City
    Wal-Mart takes on Amazon's 'Prime Day' with online sale Reuters - Mon, 13 Jul, 2015 2:34 PM EDT

    Wal-Mart Stores Inc will launch a three-month online sale on Wednesday to take on Amazon.com Inc's "Prime Day", a highly publicized shopping event for members of Amazon Prime shipping and digital content …

    A shopper pushes a cart in front of a Wal-Mart store in Mexico City

    Wal-Mart Stores Inc will launch a three-month online sale on Wednesday to take on Amazon.com Inc's "Prime Day", a highly publicized shopping event for members of Amazon Prime shipping and digital content service the same day. The world's largest retailer also cut the size of the minimum order eligible for free shipping …

  • Who owns a stock? Complex answer saves Dell millions Reuters - Mon, 13 Jul, 2015 2:20 PM EDT

    The computer maker Dell Inc won a legal fight that may have saved its owners tens of millions of dollars with a complex answer to a seemingly simple question of who is the record holder of a stock. Hundreds …

    Dell logos are seen at its headquarters in Cyberjaya

    The computer maker Dell Inc won a legal fight that may have saved its owners tens of millions of dollars with a complex answer to a seemingly simple question of who is the record holder of a stock. Hundreds of investors who opposed the deal, at $13.75 per share, asked a Delaware judge in 2013 to determine the fair price …

  • Samsung Electronics profit guidance suggests costly S6 miss Reuters - Tue, 7 Jul, 2015 5:11 AM EDT

    South Korean tech giant Samsung Electronics Co Ltd <005930.KS> on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand …

    People look at Samsung Galaxy phones during a prelaunch event in Singapore

    South Korean tech giant Samsung Electronics Co Ltd <005930.KS> on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while on a gradual recovery path, will …

  • Sony to raise nearly $4 billion, ramp up sensors business to anchor turnaround Reuters - Tue, 30 Jun, 2015 4:44 AM EDT

    Japan's Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that …

    Pedestrians are reflected in a logo of Sony Corp outside its showroom in Tokyo

    Japan's Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses.

  • Disney's powerful marketing force: social media moms Reuters - Mon, 15 Jun, 2015 5:10 AM EDT

    Wendy Wright is a home-schooling mother of two, a prolific blogger and a self-described "Disney Nut." Her cats are named Mickey and Minnie, and her blog is filled with advice for visiting Disneyland, tips …

    Chief executive of California-based social and educational group for parents Club MomMe Rachel Pitzel poses for a picture at her home in Playa Vista, California

    Wendy Wright is a home-schooling mother of two, a prolific blogger and a self-described "Disney Nut." Her cats are named Mickey and Minnie, and her blog is filled with advice for visiting Disneyland, tips for holding Disney-themed parties and reviews of Disney movies.

  • Apple's new iOS 9 mapping features leave Canadians in the dust Yahoo Finance Canada - Fri, 12 Jun, 2015 12:32 PM EDT

    Canadians are once again left in the dust as it appears some of the new CarPlay features won't be made available to those of us north of the border. At least not right away, it seems.

    'Knight Rider' Movie Revving Up

    Canadians are once again left in the dust as it appears some of the new CarPlay features won't be made available to those of us north of the border. At least not right away, it seems.

  • Bullish Uber plans to invest $1 billion in China in 2015 Reuters - Fri, 12 Jun, 2015 6:13 AM EDT

    Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an …

    Photo illustration of logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street in Madrid

    Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.

  • New York AG questions eBay, PayPal on revised user agreements Reuters - Thu, 11 Jun, 2015 11:47 AM EDT

    New York law enforcement officials have written to eBay Inc and PayPal Inc this week, saying the companies' revised user policies "raise issues" under consumer protection laws, the New York Times repo …

    Signs hang outside the offices of online marketplace eBay and its electronic payments division PayPal in Toronto

    New York law enforcement officials have written to eBay Inc and PayPal Inc this week, saying the companies' revised user policies "raise issues" under consumer protection laws, the New York Times reported.

  • Hyundai will be the first manufacturer to roll out Android Auto TechRepublic - Tue, 9 Jun, 2015 2:13 PM EDT

    As Hyundai announces the first production car to sport Android Auto, Jack Wallen ponders the importance of this evolution in mobility.

    Hyundai will be the first manufacturer to roll out Android Auto

    As Hyundai announces the first production car to sport Android Auto, Jack Wallen ponders the importance of this evolution in mobility.

  • Everything You Need to Know About the 2015 Apple Developers Conference Yahoo Tech - Tue, 9 Jun, 2015 11:37 AM EDT

    Apple held its 26th annual Worldwide Developers Conference in San Francisco today. If you weren’t one of the 5,000-plus developers able to drop $1,600 on a ticket — and you missed both our live blog of …

    Apple

    Apple held its 26th annual Worldwide Developers Conference in San Francisco today. If you weren’t one of the 5,000-plus developers able to drop $1,600 on a ticket — and you missed both our live blog of the event and Apple’s live stream — not to worry, we’ve got you covered. While Apple did not announce a new Apple TV or …

  • U.S. fund Elliott seeks injunction to block Samsung's $8 billion asset shake-up Reuters - Tue, 9 Jun, 2015 3:37 AM EDT

    U.S. activist hedge fund Elliott is taking legal action to block a move by the family that runs Samsung Group to cement its grip on the conglomerate, asking a Seoul court to stop an $8 billion merger of …

    Samsung flags are set up at main entrance to Berlin fair ground

    U.S. activist hedge fund Elliott is taking legal action to block a move by the family that runs Samsung Group to cement its grip on the conglomerate, asking a Seoul court to stop an $8 billion merger of two Samsung sister firms that the fund says is unfair.

  • Apple muscles into streaming music market Reuters - Mon, 8 Jun, 2015 5:53 PM EDT

    Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers on Monday. Inside the event, Apple advertised its operating systems …

    A customer presents his Apple Watch after buying it at a store in Paris

    Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers on Monday. Inside the event, Apple advertised its operating systems for its iPhone, Mac and Watch but gave no other indication of the announcements to come. Apps built with the new toolkit …

  • Sony Music CEO confirms launch of Apple's music streaming Monday: VentureBeat Reuters - Sun, 7 Jun, 2015 3:17 PM EDT

    Apple Inc will announce its new music streaming service on Monday, according to remarks by the chief executive of Sony Music, Doug Morris, VentureBeat reported on Sunday. The announcement by Apple will …

    Pedestrians are reflected in a logo of Sony Corp outside its showroom in Tokyo

    Apple Inc will announce its new music streaming service on Monday, according to remarks by the chief executive of Sony Music, Doug Morris, VentureBeat reported on Sunday. The announcement by Apple will be made during its Worldwide Developers Conference, VentureBeat said, citing remarks that Morris made in Cannes, France, …

  • Alibaba to invest $194 million in financial media firm CBN Reuters - Thu, 4 Jun, 2015 5:15 AM EDT

    China's Alibaba Group Holding Ltd will buy for $194 million an undisclosed stake in domestic financial media firm China Business News (CBN), the e-commerce giant said on Thursday, adding to its growing …

    Alibaba founder and CEO Jack Ma

    China's Alibaba Group Holding Ltd will buy for $194 million an undisclosed stake in domestic financial media firm China Business News (CBN), the e-commerce giant said on Thursday, adding to its growing clout in financial services.

  • Microsoft says Windows 10 available on July 29 Reuters - Mon, 1 Jun, 2015 5:00 AM EDT

    Microsoft Corp said on Monday its new Windows 10 operating system will be available worldwide on July 29, as a free upgrade for users of the most recent versions of Windows.

    Microsoft Corp Chief Executive Satya Nadella speaks at his first annual shareholders' meeting in Bellevue, Washington

    Microsoft Corp said on Monday its new Windows 10 operating system will be available worldwide on July 29, as a free upgrade for users of the most recent versions of Windows.

  • Canada startup Payfirma raises capital, mulls 2016 IPO Reuters - Wed, 27 May, 2015 1:36 PM EDT

    Canadian payments software startup Payfirma has raised C$13 million ($10.42 million) in its first institutional funding round and is considering an initial public offering in 2016, its chief executive …

    Payfirma CEO Michael Gokturk is seen in a photo provided by Payfirma

    Canadian payments software startup Payfirma has raised C$13 million ($10.42 million) in its first institutional funding round and is considering an initial public offering in 2016, its chief executive officer said on Wednesday.

  • The long-range drone that can keep up with a car and fly for an hour TechRepublic - Wed, 27 May, 2015 10:31 AM EDT

    A German team are aiming to build a faster drone that can keep going for longer by adding combustion engines.

    The long-range drone that can keep up with a car and fly for an hour

    A German team are aiming to build a faster drone that can keep going for longer by adding combustion engines.

  • China's Weibo to invest $142 million in taxi-hailing apps: SEC filing Reuters - Wed, 27 May, 2015 6:20 AM EDT

    Chinese microblog Weibo Corp will invest $142 million in China's dominant taxi-hailing firms Didi Taxi and Kuaidi Taxi, a U.S. Securities and Exchange Commission filing showed.

    Weibo Corporation Chairman Charles Chao speaks during a visit to the NASDAQ MarketSite in Times Square in celebration of Weibo's initial public offering (IPO) on The NASDAQ Stock Market in New York

    Chinese microblog Weibo Corp will invest $142 million in China's dominant taxi-hailing firms Didi Taxi and Kuaidi Taxi, a U.S. Securities and Exchange Commission filing showed.

  • Toshiba considers special dividend to make up for no year-end payment: sources Reuters - Wed, 27 May, 2015 6:07 AM EDT

    Japanese industrial conglomerate Toshiba Corp is considering paying a special dividend to compensate investors after skipping a year-end payment due to a probe into accounting irregularities, sources familiar …

    The sign hanging outside the Toshiba booth is seen at the International Consumer Electronics show (CES) in Las Vegas

    Japanese industrial conglomerate Toshiba Corp is considering paying a special dividend to compensate investors after skipping a year-end payment due to a probe into accounting irregularities, sources familiar with the situation said. The company has set up a third-party committee to conduct an independent inquiry into …

  • Charter to buy Time Warner Cable in a $78.7 billion deal Reuters - Tue, 26 May, 2015 12:09 PM EDT

    Charter Communications Inc said it would buy Time Warner Cable Inc in a cash-and-stock deal that values the larger rival at $78.7 billion, to compete with No. 1 U.S. cable services provider Comcast Co …

    Time Warner Cable office is pictured in San Diego

    Charter Communications Inc said it would buy Time Warner Cable Inc in a cash-and-stock deal that values the larger rival at $78.7 billion, to compete with No. 1 U.S. cable services provider Comcast Corp.

  • The Final Frontier in Navigation Apps: Finding Parking Yahoo Tech - Thu, 21 May, 2015 4:47 PM EDT

    Smartphone navigation? Solved. Modern apps will even route you around traffic, automatically picking the most efficient way to get where you’re going.

    VoicePark

    Smartphone navigation? Solved. Modern apps will even route you around traffic, automatically picking the most efficient way to get where you’re going.

  • I spy: Beacons being used by stores to deliver deals in exchange for tracking you Dashboard - Thu, 21 May, 2015 1:43 PM EDT

    Tracking beacons are being used by stores to send shopping deals to customers. But should consumers be concerned?

    I spy: Beacons being used by stores to deliver deals in exchange for tracking you

    Tracking beacons are being used by stores to send shopping deals to customers. But should consumers be concerned?

  • Carl Icahn and son say Apple will still introduce TV, car: CNBC Reuters - Tue, 19 May, 2015 2:30 PM EDT

    Billionaire activist investor Carl Icahn and Brett Icahn, his son and portfolio manager, on Tuesday stuck to their views that Apple Inc would introduce a television set and a car.

    An employee cleans inside the Apple flagship store on 5th Avenue in New York

    Billionaire activist investor Carl Icahn and Brett Icahn, his son and portfolio manager, on Tuesday stuck to their views that Apple Inc would introduce a television set and a car.

  • China's Unigroup says wins bid to buy 51 percent stake in HP unit Reuters - Tue, 19 May, 2015 5:27 AM EDT

    Hewlett-Packard Co has agreed to sell a controlling 51 percent stake in its China-based data-networking business, estimated to be worth more than $2 billion (1 billion pounds), to Tsinghua Unigroup, a …

    An attendee at the Microsoft Ignite technology conference walks past the Hewlett-Packard (HP) logo in Chicago

    Hewlett-Packard Co has agreed to sell a controlling 51 percent stake in its China-based data-networking business, estimated to be worth more than $2 billion (1 billion pounds), to Tsinghua Unigroup, a spokesperson for the Chinese private equity fund's parent company said on Tuesday.

  • Woman Allegedly Fired for Deleting App That Let Her Boss Track Her Movements 24/7 Yahoo Tech - Tue, 12 May, 2015 5:43 PM EDT

    A California woman is suing her former employer after she claims she was fired for uninstalling a smartphone app that let her boss track her movements 24 hours a day, 365 days a year.

    Eye

    A California woman is suing her former employer after she claims she was fired for uninstalling a smartphone app that let her boss track her movements 24 hours a day, 365 days a year.

  • Canada raises more than C$750 million in telecom spectrum auction Reuters - Tue, 12 May, 2015 11:12 AM EDT

    The Canadian government said on Tuesday it had raised C$755.4 million ($627.77 million) in a 2500-megahertz spectrum auction set to boost telecom coverage in rural areas across the vast country.

    A student uses his mobile phone as he walks inside the Engineering building at the University of Waterloo

    The Canadian government said on Tuesday it had raised C$755.4 million ($627.77 million) in a 2500-megahertz spectrum auction set to boost telecom coverage in rural areas across the vast country.

  • T Rowe's challenge to Dell deal may fuel critics of 'appraisal' Reuters - Mon, 11 May, 2015 1:11 PM EDT

    An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid …

    Dell, chief executive of Dell Inc, delivers his keynote speech at the All Things Oracle OpenWorld Summit in San Francisco, California

    An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker.

  • Seeing and believing: Virtual reality set to conquer living rooms Reuters - Fri, 8 May, 2015 6:12 PM EDT

    Virtual reality (VR) technology was long seen as the next big thing. Oculus, the VR business bought for $2 billion by Facebook Inc last year, said this week it would start shipping a consumer version …

    An attendee tries an Oculus-powered Samsung Gear VR headset during the French telecom Orange annual company's innovations show in Paris

    Virtual reality (VR) technology was long seen as the next big thing. Oculus, the VR business bought for $2 billion by Facebook Inc last year, said this week it would start shipping a consumer version of its Rift headset in early 2016, raising hopes that investment in VR software will finally take off. "I have been waiting …

  • Microsoft has no plans to pursue Salesforce: sources Reuters - Fri, 8 May, 2015 3:25 AM EDT

    Microsoft Corp currently is not weighing an offer for Salesforce.com Inc , two people familiar with the matter said on Thursday, dampening speculation that Microsoft could be drawn into bidding for the …

    An attendee at the Microsoft Ignite technology conference is seen next to the Microsoft logo in Chicago

    Microsoft Corp currently is not weighing an offer for Salesforce.com Inc , two people familiar with the matter said on Thursday, dampening speculation that Microsoft could be drawn into bidding for the cloud software company. Bloomberg News, citing people with knowledge of the matter, reported earlier this week that Microsoft …

  • Consumer review website operator Yelp exploring sale: report Reuters - Thu, 7 May, 2015 5:51 PM EDT

    (Reuters) - Yelp Inc, the operator of consumer review website Yelp.com, is exploring a sale that could fetch more than $3.5 billion, the Wall Street Journal reported, citing people familiar with the matter. …

    The Yelp Inc. logo is seen in their offices in Chicago

    (Reuters) - Yelp Inc, the operator of consumer review website Yelp.com, is exploring a sale that could fetch more than $3.5 billion, the Wall Street Journal reported, citing people familiar with the matter. Yelp's shares rose as much as 27.5 percent on the New York Stock Exchange on Thursday. The San Francisco-based company …

  • Alibaba revenue tops bearish expectations, new CEO named Reuters - Thu, 7 May, 2015 12:45 PM EDT

    By John Ruwitch and Paul Carsten SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd on Thursday posted a 45 percent rise in quarterly revenue, and shares of the Chinese e-commerce company jumped …

    Alibaba Group CEO Jonathan Lu and Alibaba Group COO Daniel Zhang pose for a photo at the company's headquarters in Hangzhou

    By John Ruwitch and Paul Carsten SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd on Thursday posted a 45 percent rise in quarterly revenue, and shares of the Chinese e-commerce company jumped nearly 7 percent as investors cheered a smoother-than-expected transition to mobile transactions, which surpassed those …

  • EU unveils digital strategy, aims to break U.S. web firms' market grip Reuters - Wed, 6 May, 2015 12:42 PM EDT

    By Julia Fioretti BRUSSELS (Reuters) - The EU unveiled plans to shake up rules for online services in the hope that breaking down borders can revive the bloc's economy, but risks accusations of trying …

    A logo is pictured at Google's European Engineering Center in Zurich

    By Julia Fioretti BRUSSELS (Reuters) - The EU unveiled plans to shake up rules for online services in the hope that breaking down borders can revive the bloc's economy, but risks accusations of trying to throw up new barriers to the U.S. firms that dominate its market. With some fanfare, the European Commission presented …

  • Apple's Beats Music deals under U.S. scrutiny: report Reuters - Tue, 5 May, 2015 10:43 PM EDT

    (Reuters) - Apple Inc's move to line up deals with record labels is under U.S. antitrust scrutiny as the iphone maker prepares to debut a new version of the Beats Music streaming service, Bloomberg reported, …

    A man listens to Beats brand headphones on a street in New York

    (Reuters) - Apple Inc's move to line up deals with record labels is under U.S. antitrust scrutiny as the iphone maker prepares to debut a new version of the Beats Music streaming service, Bloomberg reported, citing people familiar with the matter. The Federal Trade Commission (FTC) is examining if Apple is using its position …

  • Netflix asks FCC to reject AT&T-DirecTV merger unless changes made Reuters - Tue, 5 May, 2015 12:31 PM EDT

    Netflix Inc has urged the U.S. Federal Communications Commission to reject the pending $48 billion merger of AT&T Inc and DirecTV unless its concerns about the deal are addressed. A Netflix spokeswoman …

    The Netflix logo is shown in this illustration photograph in Encinitas, California

    Netflix Inc has urged the U.S. Federal Communications Commission to reject the pending $48 billion merger of AT&T Inc and DirecTV unless its concerns about the deal are addressed. A Netflix spokeswoman said on Tuesday that the video streaming company does not oppose the merger in principle but is rather seeking remedies …

  • Apple’s ResearchKit Takes Medical Research Years Into the Future Yahoo Tech - Mon, 4 May, 2015 2:05 PM EDT

    Apple just released what history might say is its most important product ever. And guess what? Hardly anyone knows it exists.

    Apple just released what history might say is its most important product ever. And guess what? Hardly anyone knows it exists.

  • Facebook opens Internet.org to developers amid open web debate in India Reuters - Mon, 4 May, 2015 7:37 AM EDT

    By Aman Shah and Nivedita Bhattacharjee MUMBAI (Reuters) - Facebook Inc opened up its Internet.org platform to new websites and applications from developers on Monday, a move the social media giant said …

    Mark Zuckerberg, founder and CEO of Facebook, reacts during an address to a gathering at the Internet.org Summit in New Delhi

    By Aman Shah and Nivedita Bhattacharjee MUMBAI (Reuters) - Facebook Inc opened up its Internet.org platform to new websites and applications from developers on Monday, a move the social media giant said would boost efforts to get people online in low-income and rural areas in emerging markets. Internet.org offers free …

  • Music streaming service Grooveshark shuts down to settle infringement Reuters - Fri, 1 May, 2015 12:14 PM EDT

    Online music streaming service Grooveshark, admitting "very serious mistakes," shut down its operations as part of a settlement with major record labels, joining the ranks of several now-defunct peers …

    Grooveshark, Rdio y Rockola: los servicios uno por uno

    Online music streaming service Grooveshark, admitting "very serious mistakes," shut down its operations as part of a settlement with major record labels, joining the ranks of several now-defunct peers sued over copyright infringement. In a message posted to its website on Thursday, Grooveshark said that "despite (the) …

  • Google launches security feature for Chrome web browser Reuters - Wed, 29 Apr, 2015 9:01 AM EDT

    By Yasmeen Abutaleb NEW YORK (Reuters) - Google Inc on Wednesday announced a free extension for its Chrome web browser that better protects Google accounts, including email, against online attackers trying …

    Woman walks past a logo of Google at the Global Mobile Internet Conference (GMIC) 2015 in Beijing

    By Yasmeen Abutaleb NEW YORK (Reuters) - Google Inc on Wednesday announced a free extension for its Chrome web browser that better protects Google accounts, including email, against online attackers trying to steal passwords and other personal information. The extension, called Password Alert, can be downloaded on Google …

  • AT&T fires executive after lawsuit alleging racial discrimination Reuters - Wed, 29 Apr, 2015 7:43 AM EDT

    (Reuters) - AT&T Inc fired the president of its U-Verse business, after an African American female employee filed a racial discrimination lawsuit. In her lawsuit against Aaron Slator, AT&T and its CEO, …

    An AT&T Logo is pictured on the side of a building in Pasadena

    (Reuters) - AT&T Inc fired the president of its U-Verse business, after an African American female employee filed a racial discrimination lawsuit. In her lawsuit against Aaron Slator, AT&T and its CEO, Knoyme King alleged she was racially harassed during her employment at the company, the National Association for African …

  • Icahn says Apple still undervalued Reuters - Tue, 28 Apr, 2015 10:07 AM EDT

    (Reuters) - Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday. Apple beat Wall Street's revenue and …

    Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York

    (Reuters) - Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday. Apple beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time. The 79-year-old, …

  • China iPhone sales boosts Apple; shares up modestly Reuters - Tue, 28 Apr, 2015 2:45 AM EDT

    (Reuters) - Apple Inc beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its …

    People try out the newly released iPhone 6 at the Apple store in Berlin

    (Reuters) - Apple Inc beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch. Apple's iPhone sales in China soared, increasing its revenue in the country 71 percent to $16.8 billion …

  • Facebook launches video calling in Messenger app Reuters - Mon, 27 Apr, 2015 3:59 PM EDT

    (Reuters) - Facebook Inc introduced free video calling in its Messenger phone app on Monday as the company seeks to transform its mobile messaging service into a full-featured platform with the same reach …

    A Facebook logo reflected in the eye of a woman is seen in this picture illustration

    (Reuters) - Facebook Inc introduced free video calling in its Messenger phone app on Monday as the company seeks to transform its mobile messaging service into a full-featured platform with the same reach as its 1.4 billion user social network. Messenger, with more than 600 million users, now has a video icon at the top …

  • With Nasdaq at records, investors ask what's next for tech Reuters - Mon, 27 Apr, 2015 1:24 PM EDT

    By David Randall NEW YORK (Reuters) - When the Nasdaq Composite last hit record highs during the dotcom era, fund manager Walter Price struggled with justifying paying 400 times a company's earnings for …

    A woman's umbrella turns inside out as she walks past the Nasdaq MarketSite during a snow storm in Times Square, Midtown New York

    By David Randall NEW YORK (Reuters) - When the Nasdaq Composite last hit record highs during the dotcom era, fund manager Walter Price struggled with justifying paying 400 times a company's earnings for rapid growth. Instead, Price worries that the companies that have powered the 25 percent rally in the Nasdaq over the …

  • Google launches portal to buy patents Reuters - Mon, 27 Apr, 2015 11:07 AM EDT

    (Reuters) - Google Inc said it would launch an experimental portal that allows interested patent holders to sell their patents to the company. Patent holders can tell Google about the patents they're …

    A logo is pictured at Google's European Engineering Center in Zurich

    (Reuters) - Google Inc said it would launch an experimental portal that allows interested patent holders to sell their patents to the company. Patent holders can tell Google about the patents they're willing to sell and the expected price through the portal, the company said on its blog. Google said it will let the submitters …

  • EBay supports Google over Brussels antitrust probe: report Reuters - Mon, 27 Apr, 2015 1:13 AM EDT

    (Reuters) - EBay Inc Chief Executive John Donahoe has supported arguments made by Google Inc in its defence in an antitrust case, saying the two companies are direct competitors in online shopping, the …

    A sign hangs outside the offices of online marketplace eBay in Toronto

    (Reuters) - EBay Inc Chief Executive John Donahoe has supported arguments made by Google Inc in its defence in an antitrust case, saying the two companies are direct competitors in online shopping, the Financial Times reported. Barriers between different areas of online commerce are breaking down, Donahoe said in an interview …

  • Sony raises FY 2015 profit forecast to $2.52 billion: Nikkei Reuters - Fri, 24 Apr, 2015 10:53 PM EDT

    Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday. …

    Visitors walk past a logo of Sony Corp at its headquarters in Tokyo

    Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console were the …

  • Apple aims to ship more than 20 million smartwatches in 2015: sources Reuters - Fri, 24 Apr, 2015 6:23 PM EDT

    Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first …

    Woman takes pictures with smart phone as she stands in front of Apple Watch display at electronics store in Tokyo

    Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market …

  • Yelp wins dismissal of lawsuit over quality of its reviews Reuters - Thu, 23 Apr, 2015 9:51 AM EDT

    (Reuters) - Yelp Inc has won the dismissal of a lawsuit accusing it of deceiving shareholders about the quality and authenticity of consumer reviews on its website, and thereby enabling insiders to sell …

    The Yelp Inc. logo is seen in their offices in Chicago

    (Reuters) - Yelp Inc has won the dismissal of a lawsuit accusing it of deceiving shareholders about the quality and authenticity of consumer reviews on its website, and thereby enabling insiders to sell company stock at inflated prices. U.S. District Judge Jon Tigar in San Francisco gave the plaintiffs 30 days to amended …