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Apple shares closed at $105.08 Monday -- down 60 cents -- as the market steeled itself for what's expected to be a gloomy quarterly earnings call on Tuesday. Apple will underperform the smartphone industry and become the only global top-five brand to see shipments decline in 2016, predicted Ming-Chi...
The Chinese government ordered Apple to shut down its iBooks and iTunes Movies services in the country, according to news reports published last week. China's State Administration of Press, Publication, Radio, Film and Television reportedly called for the closure. The government in February announce...
The age of Unicorn investing has led to alarming overvaluations of startups that could result in an afterparty roll call not seen since 1999, Silicon Valley VC Bill Gurley warned Thursday. Gurley, a general partner at Benchmark, raised a red flag over the large number of tech startups valued at mo...
Volkswagen has reached an agreement with federal and state authorities to repair or replace about 500,000 diesel cars in the U.S., according to court documents released Thursday. The cars were equipped with software designed to deceive emissions tests. Under the agreement, announced Thursday in U.S....
The EFF has filed suit against the Justice Department seeking to learn whether the federal government secretly ordered technology companies to decrypt the private communications of their customers. Such orders could place millions of customers in harm's way, the complaint says. The suit seeks the re...
Apple's top legal official on Tuesday appeared before the U.S. House Energy and Commerce Committee and reiterated the company's willingness to help law enforcement on active cases and cooperate on long-term solutions, despite its contentious legal battle with the FBI over the encrypted iPhone used i...
Apple has hired Chris Porritt, Tesla Motors' former vice president of vehicle engineering, to work on special projects, according to news reports published Tuesday. Porritt, who left Tesla last year, is expected to take charge of Apple's electric car initiative, Project Titan. He reportedly was give...
The United States Supreme Court on Monday declined to hear a petition to review a lower court decision allowing Google to scan and publish excerpts of copyright-protected books without asking for permission from the authors or paying them. The petition, filed at the end of last year, was the latest ...
An army of 39,000 workers this week went on strike against Verizon in one of the biggest labor actions in the U.S. in several years. Fast food workers have joined in a show of support, and both Democratic candidates for president have entered the fray. Thousands of wireline workers from Massachuse...
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