If Apple’s Products Were Their Own Companies…

July 29, 2014 | Tags: , , , , , , , , ,

In the past ten days, Slate and Time (in partnership with Fortune) have posted some pretty mind-blowing facts about Apple and its revenue. Take a look at how other companies stack up in comparison to Apple. Fact #1: “If the iPhone were a company in its own right, it would be bigger than McDonald’s and […]

Apple’s Mobile Payment Service May Launch As Early As This Fall

July 29, 2014 | Tags: , , , , , , , , , , , ,

Talks between Apple and payments-industry companies are apparently honing in on the launching of a mobile “wallet”, a service that would allow users to pay for goods at brick and mortar stores. The service is not a new idea: recall the efforts (and subsequent failures) of Google and other companies. Prudently, Apple has been cautious […]

Amazon Share Price Falls Due to Q2 Losses

July 27, 2014 | Tags: , , , , , ,

Amazon reported Friday a second-quarter loss that was double analysts’ expectations, as the company uses capital to fund big expansions plans. The online retailer reported a loss of $126 million, or 27 cents per share, which was worse than the 15 cents per share Wall Street analysts had estimated. While sales saw a handsome bump of […]

Apple Able to Extract Personal Data Via iPhone

July 27, 2014 | Tags: , , , , , ,

Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week. The same techniques to circumvent backup encryption could be used by law enforcement or others with access to the “trusted” computers to which the devices have been connected, according to the security […]

China to Declare Qualcomm a Monopoly

July 26, 2014 | Tags: , ,

Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday. Regulators have completed an investigation of Qualcomm, the China Daily newspaper said, citing Xu Kunlin, director of the anti-monopoly bureau of the National Development and Reform Commission, China’s economic planning […]

Dell, BlackBerry Downplay Threat from Apple-IBM Alliance

July 26, 2014 | Tags: , , , ,

IBM Corp’s recent move to partner with Apple Inc to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now. Top executives at Dell and BlackBerry Ltd scoffed at the threat posed by the alliance this week, arguing the tie-up is unlikely to derail the efforts […]

Facebook Says SEC’s IPO Probe Ends, Extending WhatsApp Closing Date

July 26, 2014 | Tags: , , ,

Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering. In its quarterly report filed on Thursday, Facebook said the regulator in May “notified us that it had terminated its inquiry and that no enforcement action had been recommended by […]

Amazon Shares Fall on 2Q Loss

July 24, 2014 | Tags: , , , ,

Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a larger than expected second quarter loss as expenses outpaced a surge in revenue. Amazon has long focused on spending the money it makes to grow and expand into new areas. The company introduced a smartphone due out this week, for instance, expanded Sunday […]

Apple Margin Concerns Fade, Focus Shifts to iPhone Launch

July 24, 2014 | Tags: , , , , , ,

A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year. Apple’s shares rose 3.3 percent to a 22-month high of $97.88 on the Nasdaq on Wednesday. At least six brokerages raised their price targets on the […]

Twitter Admits to Diversity Problem in Workforce

July 24, 2014 | Tags: , , ,

Twitter acknowledged that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley. The lack of diversity in Twitter’s workforce of roughly 3,000 people was spelled out in data released Wednesday by the San Francisco company behind the popular short messaging […]