Amazon stock market value on verge of eclipsing Microsoft Amazon.com Inc’s shares surged on Friday, pushing its stock market value above $700 billion and threatening to eclipse Microsoft Corp, a day after the online retailing behemoth reported blockbuster results. Amazon’s stock was up 3.7 percent at $1,441 per share in […]
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Amazon posts largest profit in its history on sales, tax boost (Reuters) – Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to […]
U.S. agencies probe Apple over slowing iPhones The U.S. Department of Justice and Securities and Exchange Commission are investigating whether Apple Inc violated securities laws concerning its disclosures that it slowed older iPhones with flagging batteries, Bloomberg reported on Tuesday. The government has requested information from the company, Bloomberg reported, […]
The billionaires were found dead in their mansion. Now police say they were murdered. Toronto police said they believe a billionaire couple found dead in their mansion last month were murdered. Police Detective Sgt. Susan Gomes made the announcement at a news conference Friday, six weeks into the investigation into […]
Superjumbo jet future secured by Emirates order The $16bn (£11.5bn) deal amounts to a reprieve for the A380 after Airbus threatened to stop making the jet if it could not come to a deal with Emirates. Emirates is the only airline to have put the A380 at the heart of […]
Fiat Chrysler to move plant from Mexico to Michigan, pay out bonuses Fiat Chrysler is moving production of heavy-duty trucks from Mexico to Michigan and paying bonuses to US workers in response to the passage of US tax reform late last year. The automaker will invest $1 billion in its […]
Trump wants $18 billion for wall in ‘Dreamer’ deal President Trump this week offered his most detailed request to date of his plans for a wall along the U.S.-Mexico border, making the request amid budget negotiations on Capitol Hill for a deal that would include a fix for young undocumented […]
Google eyes Chinese e-sports market with $120 million investment in Chushou Alphabet Inc’s (GOOGL.O) Google has led a $120 million investment in Chinese live-stream mobile game platform Chushou, the two companies said on Friday, as the U.S. firm eyes new inroads to China where its search engine is blocked. Founded […]
Apple to issue fix for iPhones, Macs at risk from ‘Spectre’ chip flaw Apple Inc will release a patch for the Safari web browser on its iPhones, iPads and Macs within days, it said on Thursday, after major chipmakers disclosed flaws that leave nearly every modern computing device vulnerable to […]
Apple apologizes after outcry over slowed iPhones Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc (AAPL.O) is slashing prices for battery replacements and will change its software to show users whether their phone battery is good. In a posting on its […]
