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GT Advanced Settles with Apple, to Exit Sapphire Production

GT Advanced Technologies said it reached an agreement with Apple under which it will stop making sapphire materials and focus on supplying equipment to make sapphire crystals. GT said it…

AT&T Revenue Rises Less than Expected

AT&T shares fell 0.9 percent to $33.75 after closing at $34.50 on the New York Stock Exchange. The company reported a record low number of customer defections, but average revenue per…

EMC to Buy Much of Cisco’s Stake in Joint Venture VCE

Data storage products maker EMC Corp said it will buy much of Cisco System Inc’s stake in their joint venture VCE for an undisclosed sum. VCE, set up in 2009 as a…

Apple CEO Discusses Security with Top Chinese Official Amid Hacking Claims: Xinhua

Apple Chief Executive Tim Cook discussed user data security at a meeting on Wednesday with a top Chinese government official in Beijing, the official Xinhua news agency reported. The meeting comes…

Yahoo Ekes Out Third Quarter Revenue Gain Despite Display Ad Weakness

Yahoo reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose 1.1…

Verizon Posts Higher Revenue as Consumers Use More Data

Verizon Communications quarterly revenue rose 4.3 percent, matching forecasts, as price cuts attracted more customers and growing mobile video traffic boosted data usage. Subscribers’ tendency to use more than one device,…

Apple Sells Better-than-Expected 39.3 Million iPhones in September Quarter

Apple forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall…

Marc Andreessen Quits eBay Board Ahead of PayPal Spinoff

Venture capitalist Marc Andreessen said he was quitting eBay board following the online retailer’s decision last month to spin off its electronic payment unit, PayPal. The Silicon Valley pioneer has been…

Microsoft Plans to Launch Smartwatch within Weeks

Microsoft is preparing to launch a smartwatch within the next few weeks that will passively track a user’s heart rate and work across different mobile platforms, Forbes reported on Sunday….

U.S. FCC to Look Into New-Generation Wireless Networks

In the words of Buzz Lightyear, and U.S. Federal Communications Commissioner Jessica Rosenworcel on Friday, U.S. regulators will look “to infinity and beyond” to harness new technology that can help…

Thinner iPads, Sharper iMacs In Apple’s Lineup

Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an…

Apple Shows Off New Gadgets

Apple showed off thinner iPads and a new iMac with a high-resolution display on Thursday. Sleek and stunning, yes, but not likely to spark the next iRevolution. The tech giant’s…

eBay Trims 2014 Revenue Outlook Amid Economic Fears

EBay trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. EBay’s report…

GM Sides With U.S. Wireless Carriers in Net Neutrality Fight

Top U.S. automaker General Motors has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to…

Hundreds of Alleged Dropbox Passwords Leaked

Hundreds of alleged usernames and passwords for online document-sharing site Dropbox were published on Monday on Pastebin, an anonymous information-sharing website. The anonymous user, who claims to have hacked close…