HP will announce a strategic partnership under which it will invest $50 million in Hortonworks, the Hadoop startup that spun out of Yahoo in 2011.
Facebook reported quarterly results that beat estimates in the second quarter, thanks to its robust mobile ad business.
The reports ran a day after Qualcomm said that its licensing patents business faced "significant challenges" in China.
"Our goal is to get as close to the experience the surfer is having," says the head of a pro surfing organization.
Though Apple posted profits that beat expectations, investor Roger McNamee found reason to throw cold water on the tech giant.
The Apple-IBM partnership also greatly benefits both companies, says Roger McNamee, founding partner of Elevation Capital.