Bose on Friday sued Beats for infringing on patents for its noise cancelling headphones, claiming it has marketed similar products.» Read More
July 25- Amazon.com Inc's heavy investment in content and technology to fight off deep-pocketed rivals is proving to be more costly than many had expected, raising fears that operating earnings will be remain under pressure indefinitely. Amazon's shares fell 12 percent to $314.76 in early trading on Friday, wiping out about $18 billion from its market value.
Chinese companies have been pouring money into Silicon Valley, joining a parade of financiers seeking to participate in the latest boom.
SAN FRANCISCO, July 24- Amazon.com Inc's new "Fire" smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.
NEW YORK, July 24- A U.S. judge on Thursday expressed concern over a proposed $450 million settlement of claims Apple Inc conspired with five publishers to fix e-book prices, saying its provisions could drastically reduce money paid to consumers depending on appeals.
July 24- Pandora Media Inc forecast current quarter adjusted profit below analysts' estimates as it plans to plow money back into the business. Pandora forecast adjusted profit of 5- 8 cents per share on revenue of $235- $240 million for the third quarter ending September.
Apple Inc s fell$. 16 or. 2 percent, to $97.03. Hewlett Packard Co. rose$. 06 or. 2 percent, to $35.04. International Business Machines Corp. rose $1.61 or. 8 percent, to $195.24.
SAN FRANCISCO, July 24- Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.
*Expects 2nd- qtr revenue of about $345 mln vs est $328 mln. *Expects 2nd- qtr adj earnings $0.27/ shr vs est $0.20. July 24- RF Micro Devices Inc forecast quarterly results above market expectations, helped by higher demand for its chips that connect devices such as Apple Inc's iPhone and Samsung Electronics Co's smartphones to networks.
Pandora forecast adjusted profit of 5- 8 cents per share on revenue of $235- $240 million for the third quarter ending September. Pandora faces stiff competition from Spotify, Apple Inc's Beats online streaming service, Google Inc and Amazon.com Inc in the fast-growing music streaming business as downloads decline.
Amazon.com posted a loss that was wider than Wall Street expectations Thursday, sending shares lower in extended-hours trading.
U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.
SAN FRANCISCO, July 24- Amazon.com Inc's new "Fire" smartphone, aimed at extending the online retailer's reach, includes chips from Qualcomm Inc, NXP Semiconductors NV and Samsung Electronics Co Ltd, according to repair firm iFixit, which pried one open on Thursday.
NEW YORK, July 24- In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.
NEW YORK, July 24- A mobile app from a law enforcement technology firm could soon allow emergency responders from different agencies to communicate seamlessly with each other in a crisis for the first time, sharing files and conducting impromptu conference calls. The app works on devices running on Google Inc's Android and Apple Inc's iOS operating system.
Fashion house Michael Kors has a lot of fans out there. One that would have a tough time getting by without it: watchmaker Fossil Group.
Apple Inc. fell. 2 percent to $97.03 with 44,545,900 shares traded. Ariad Pharmaceuticals Inc. rose 5.2 percent to $6.18 with 26,030,200 shares traded. BlackBerry Ltd. rose 5.6 percent to $10.38 with 31,147,300 shares traded.
Apple Inc s fell$. 34 or. 3 percent, to $96.85. Hewlett Packard Co. fell$. 06 or. 2 percent, to $34.92. International Business Machines Corp. rose $1.02 or. 5 percent, to $194.65.
Shares of Facebook hit a record high after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' estimates.
Apple Inc s fell$. 53 or. 5 percent, to $96.66. Hewlett Packard Co. rose$. 09 or. 3 percent, to $35.07. International Business Machines Corp. rose $1.75 or. 9 percent, to $195.38.
July 24- Amazon.com Inc's new "Fire" smartphone features "gimmicks"- such as 3 D effects and object scanner- that may not be enough to entice users away from similarly priced Apple Inc iPhones and Samsung's Galaxy S5, reviewers said.