Business

Fitbit shares earlier this week climbed several percentage points after the company's app topped the iOS charts over the Christmas holiday. The Fitbit app was the top free app downloaded from Apple's App Store on Christmas Day. It was already the most downloaded app in the store's fitness and health...

Several factors have contributed to the sudden expansion of connected car services available or coming to the market, notably the expansion of mobile broadband networks, high penetration of smartphones in the consumer market, and auto manufacturers' re-evaluation of connected services as a competiti...

Amazon has been negotiating a lease for 20 Boeing 767 jets as it executes on plans to start its own air cargo business, according to recent reports. It launched a pilot of the service in Wilmington, Ohio, where Air Transport Services Group, or ATSG, has been managing airfreight on Amazon's behalf. A...

Apple and Samsung last week announced separate mobile payment partnerships with China UnionPay, the only domestic bank card network in the People's Republic of China. China UnionPay cardholders will be able to utilize Apple Pay and Samsung Pay via a mobile device. Both services will begin early next...

Success is a good thing. Sometimes, however, surges in orders and sales cause headaches for e-commerce companies. The key is to expect the unexpected. Planning ahead can help ensure that sales spikes are handled as smoothly as possible. "It's never too early to start planning for growth," said Marg ...

Apple on Thursday announced some personnel moves that suggest CEO Tim Cook's future vision for the company. He named Jeff Williams chief operating officer, elevated Johny Srouji to Apple's executive team by making him a senior vice president, broadened the powers of Senior Vice President of Worldwid...

Congress on Friday passed an omnibus budget bill that included the Cybersecurity Information Sharing Act, or CISA. The Senate earlier this year passed CISA, which many conservative and liberal politicians, high-tech firms, and privacy and civil liberty advocates oppose. The latest version includes a...

A Brazilian judge on Thursday lifted the ban a different judge had imposed on WhatsApp hours earlier, according to reports. It did not seem reasonable to affect millions of users to penalize Facebook, WhatsApp's owner, for failing to cooperate with judicial rulings, the judge reportedly said, sugges...

Federal prosecutors in New Jersey on Tuesday charged three men in a $2 million identity theft scheme to hack corporate computer systems and blast spam messages to more than 60 million people. The defendants face up to 20 years in prison and $250,000 in fines on wire fraud charges, and up to five yea...

The Seattle City Council this week approved an ordinance that will allow drivers for Uber and Lyft to form unions, becoming the first U.S. city to pass such legislation. The City Council voted 9-0 in favor of the ordinance, which doesn't require the mayor's signature to pass. Drivers for Uber and ot...

Two Yahoo investors, acting independently, have publicly called for radical changes or a potential sale of the firm. Both Canyon Capital Advisors and SpringOwl Asset Management apparently were unappeased by last week's announcement that Yahoo would spin off its core Internet business. Canyon Capital...

Alibaba Group last week announced that it has entered an agreement to buy the South China Morning Post and other media assets of SCMP Group. Alibaba, which claims to be the world's largest online and mobile commerce company, said its vision was to provide objective coverage of China to readers aroun...

Atlassian last week exceeded expectations with its initial public offering, beginning trading at more than $27 per share, about 30 percent higher than the $21 issue price. That means the company -- trading under the ticker "TEAM" -- was valued at about $5.6 billion Thursday. Atlassian's shares close...