Apple Inc Chief Executive Tim Cook said he would like to see more of the company's products assembled at home than in China and contain more U.S. components such as semiconductors.
Japanese trading house Marubeni Corp. (Tokyo: 8002), which has been on a global shopping spree in recent years so it can become a dominant grain supplier to China, just took a strategic step toward that goal.
Facebook co-founder Eduardo Saverin has been pretty uncommunicative ever since the details of his flashy Singapore lifestyle, along with the renouncing of his American citizenship, made news headlines. But that all changed recently when Zuckerberg's former business partner, now a newly made billionaire thanks to the Facebook IPO, sat down for an interview with a magazine from his family's native Brazil.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell to a new low following its $16 billion May 17 initial public offering.
Shares of Chinese electric carmaker BYD Company Ltd. (Hong Kong: 1211), which is partially owned by Warren Buffett, recovered some of the losses suffered after one of its e6 electric cars caught fire in a crash which killed three people in southern China.
Since Mark Zuckerberg launched Facebook in 2004, the social network has become one of the most important centerpieces in society, especially as it becomes increasingly digital and mobile. Yet, the value of Facebook has not yet translated to revenue dollars. That may change, however, if Facebook decides to build its first-ever piece of hardware: A Facebook smartphone.
Google is not the only software company trying to get into the hardware arena. If ongoing rumors are to be believed, Facebook too wants its own smartphone. Reports said that it hopes to release its own smartphone next year and has already hired more than half a dozen former Apple software and hardware engineers.
Groupon Inc. is testing a payment service that will allow merchants to accept credit cards using its infrastructure, media reports said, pushing the coupon company into a market space already occupied by PayPal and Square.
Lorenzo Thione believes in fate and approaches the world with a somewhat self-confident naivete. This outward optimism comes across most clearly when he talks about his new business: He wants to be an artist among the artists, unchaining fine art from wealthy collectors and setting it free among the hoi polloi.
The Toyota Motor Corp. (NYSE: TM) wants to make itself king of the hill once more and reclaim the No. 1 global sales position from the General Motors Co. (NYSE: GM) by adding eight compact cars for emerging markets, Reuters said Friday.
It seemed like a move in the right direction for Yahoo back in November, when the company announced a family of new mobile products that would enrich the way users see and understand their news and entertainment content. But just shy of seven months after outburst of mobile and social applications and tools, Yahoo has decided to call it quits on arguably the biggest piece of that mobile package, a personalized magazine app called Livestand.
The Cisco Cius, we hardly knew ye. Less than a year after the Cius hit shelves on July 31, Cisco announced on Friday (via company blog) that it will discontinue all investments being poured into its tablet designed for business and enterprise professionals. The price may have been the Cius' ultimate killer, but the lack of entertaining features made this tablet all work, and no play.
Space Exploration Technologies Corp. has become the first non-governmental agency to fly to the International Space Station and dock with orbiting laboratory.
Three months after Rush Limbaugh characterized a Georgetown Law School student Sandra Fluke as a ?slut? and a ?prostitute,? a liberal-backed boycott of the right-winger?s radio show has been effective.
Apple quietly tweaked its App Store platform for Mac computers and iOS devices, rebranding a few categories and adding new features. But while most users may not notice these subtle changes, it's possible that these moves are in fact a precursor to a larger, more wholesale redesign of the App Stores.
While Memorial Day is a day meant to celebrate and commemorate all those who have fallen while serving in the United States Armed Forced, along with a long weekend vacation from work and school, Monday, May 28 may be a great day to snag sales. According to NASDAQ, Memorial Day 2012 will be one of the best in recent years to receive heavy discounts on apparel and home goods. So, grab your wallets and eco-friendly shopping bags! From pets, to auto, to apparel to electronics, here are some of the b...
Airbus will probably not increase production of its narrowbody A320 airplane in the near future due to supply chain limitations, Aviation Week reported Friday.
Former Boston Red Sox pitcher and tech entrepreneur Curt Schilling fired his entire staff at his Rhode Island-based video game company, 38 Studios, on Thursday, leaving more than 300 employees without jobs because the company couldn't repay its debt to the state.
Shares of Quest Software (Nasdaq; QSFT) jumped 5 percent Friday after a report it would be acquired by Dell (Nasdaq: DELL), for as much as $2 billion.
Faced with the disastrous fallout from the initial public offering of Facebook (Nasdaq: FB), the No. 1 social network, other technology companies that had been waiting to go next may reconsider.
The manpower behind HP's webOS platform continues to shrink as the team leading the Enyo HTML 5 development project is reportedly leaving the company to join Google shortly.
The staff of the U.S. Securities and Exchange Commission has concluded its investigation into Lehman Brothers Holdings and will not likely recommend charges, according to the excerpt of a memo.
Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
Six days after the company's IPO and two months after it acquired photo-sharing app company Instagram for $1 billion, Facebook debuted a photo app of its own on Thursday, called Facebook Camera. Here, we'll break down Facebook Camera, and evaluate whether or not the new app has added value over Instagram.
Tired of reaching in your freezer only to pull out your half-eaten ice cream when it was supposed to be full? Ben & Jerry's has created a solution to that pesky, ice cream-stealing roommate problem: a lock for your pint of ice cream. Ben & Jerry's re-introduced the Euphori-Lock, a lock that slide over the lid of your ice cream and locks it.
Apple's senior VP of industrial design Jonathan Jony Ive, who was also Apple founder Steve Jobs' closest friend and confidant, was asked by The Telegraph what project he would like to be remembered by. Even though Ive is behind some of Apple's most courageous product designs, the design guru actually said Apple's current project could be his finest hour.
A source in the bank did not provide the reasons behind the dismissal.
Facebook (Nasdaq: FB), the No. 1 social network, didn?t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well.
American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.
MasterCard Inc. (NYSE: MA) said Thursday it will appeal a decision by Europe's second-highest court rejecting the credit card company's argument against an EU ban on cross-border card fees, Reuters reported.
