Warren Buffett’s Berkshire Hathaway Inc revealed a more than $1 billion stake in Apple Inc, a rare foray into the technology sector that the billionaire has largely shunned, apart from a poorly performing investment in IBM. Shares of Apple got a boost from the Berkshire imprimatur, rising more than 3 percent on Monday. Berkshire made […]
Apple Inc said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. The tech giant’s rare investment gives it a stake in two burgeoning waves of technology – the sharing economy and […]
Tech giant Apple Inc has reported its worst week on the stock market since 2013 with a slowdown in iPhone sales. The shares of Apple have dropped 11 percent in the past five sessions, Reuters reported. The Revenue from China plunged further to 26 percent during the March quarter after Apple’s iBooks Stores and iTunes […]
Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc, citing the risk of China’s influence on the stock. Icahn, in an interview with cable television network CNBC, also said he was “still very cautious” on the U.S. stock market and there would be a “day of reckoning” unless […]
A day after some victims of theSan Bernardino shooting said that they would file a legal brief in support of the U.S. Government’s attempt to force Apple Inc. to unlock the encrypted iPhone owned by one of the shooters, technology giant Microsoft came out in support of the victims and asked Apple Inc. to unlock […]
AP, SAN FRANCISCO: Apple co-founder Steve Wozniak had a front row seat as the personal computer began to reshape society. So it made perfect sense to him to bring a convention meshing technology with pop culture to Silicon Valley. The convergence will occur March 18-20 in San Jose, California, with the debut of Silicon Valley […]
Apple Inc announced that it has acquired an education technology startup called LearnSprout in a drive to expand it’s initiative to make the iPad the future of education. LearnSprout, and their CEO Franklin Chien have been working diligently on creating a new type of educational software, which is already used in 2,500 school districts within […]
Steve Zadesky, who has been overseeing the Apple’s electric car project for the last two years, has said he is leaving the company, the Wall Street Journal reported on Friday, citing people familiar with the matter. Zadesky, who previously worked with the iPod and iPhone teams, is leaving for personal reasons not related to his […]
Apple Inc has registered domain names related to automobiles, adding to speculation about the company’s plans to develop an automobile. The iPhone maker registered the domain names, which include apple.car, apple.cars and apple.auto in December, according to domain information provider Who.is. MacRumors had first reported the news on Friday, but said the domain names could […]
When Paper Magazine said that Kim Kardashian was out to break the Internet, maybe they weren’t wrong? Kardashian’s emoji app, Kimoji, debuted in the Apple App Store Monday to great fanfare. Currently, it is the top paid app (knockingMinecraft: Pocket Edition off the pole position). Kimoji is also the App Store’s no. 11 highest-grossing app, […]
Reuters- Apple Inc on Tuesday released a version of its virtual personal assistant Siri for Arabic speakers in the United Arab Emirates and Saudi Arabia, potentially making its iPhones more attractive in a largely affluent market of more than 30 million people. The move, part of Apple’s latest software updates, means people in those countries […]
Apple Inc plans to launch its mobile payment system Apple Pay in China by early February, the Wall Street Journal reported. The iPhone maker has struck deals recently with China’s big four state-run banks, the newspaper reported late Monday, citing people familiar with the discussions. When launched, Apple Pay will mainly compete with Alipay, the […]