Tech companies are being criticized for cooperating too closely with the National Security Agency when it comes to sharing data. CNBC's Eamon Javers, and Jon Fortt, discuss.» Read More
Apple Inc. rose $3.78 or. 9 percent, to $435.97. Dell Inc. rose$. 08 or. 6 percent, to $13.45. Hewlett Packard Co. rose$. 02 or. 1 percent, to $24.93.
Stocks rallied to close near session highs Thursday, with major averages wiping out the previous session's losses, lifted by a pair of better-than-expected economic data and as investors shrugged off another steep selloff in the Japanese market.
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Songza provides users with a playlist based on an activity. Elias Roman, co-founder & CEO of Songza, discusses how his company plans to survive amid competition.
Apple Inc. rose $1.61 or. 4 percent, to $433.80. Dell Inc. rose$. 01 or percent, to $13.38. Hewlett Packard Co. fell$. 12 or. 5 percent, to $24.79.
SEATTLE, June 13- Microsoft Corp said it would open 500 special stores within existing Best Buy Co Inc stores in the United States selling exclusively Windows-based tablets and computers and other Microsoft products in an effort to revitalize sales of its flagship operating system.
Apple has the money, technology, critical mass of customers and ambition to change the face of banking and payment processing, TheStreet.com reports.
"Companies would feel less pressure to shift income to low-tax jurisdictions because that income would be taxed at the same rate- whether it is earned in the United States or Bermuda," Dave Camp, chairman of the Ways and Means Committee in the U.S. House of Representatives, said at a hearing on Thursday.
Microsoft and Best Buy announced a deal where Microsoft will launch stores-within-stores at 600 Best Buy locations.
A new coalition slated to be announced on Thursday by New York Attorney General Eric Schneiderman and San Francisco District Attorney George Gascon will analyze patterns behind the thefts and work with Apple Inc and other smartphone makers to create "kill" switches that would render devices inoperable if they are stolen.
The highest-ranking Apple executive to testify will take the stand Thursday at the e-books price-fixing trial, reports CNBC's Jon Fortt.
As Apple stock sputters along, one analyst details risks for the tech giant that no one's talking about.
Apple Inc. rose$. 15 or percent, to $432.34. Dell Inc. rose$. 04 or. 3 percent, to $13.41. Hewlett Packard Co. fell$. 17 or. 7 percent, to $24.75.
*Gannett jumps on news it will buy Belo. Merger and acquisition activity buoyed investor optimism as Gannett jumped after saying it will buy Belo for $1.5 billion. Gannett was up 23.7 percent at $24.55, while Belo climbed 27.2 percent to $13.65.
Apple shares may be down 20 percent year to date as investors worry about slowing growth, but two fund managers still see reason to own the smartphone maker.
U.S. stock index futures trimmed their losses Thursday, lifted by a report that showed retail sales rose more than expected in May and weekly jobless claims fell near its lowest level in five years.
Some of the names on the move ahead of the open.
*Safeway surges, to sell Canadian assets to Empire. NEW YORK, June 13- U.S. stock index futures fell on Thursday as investors continued to position themselves for the eventual winding down of central bank stimulus that has propelled the equity market rally this year.
*Safeway surges, to sell Canadian assets to Empire. NEW YORK, June 13- U.S. stock index futures fell on Thursday as investors continued to position themselves for the eventual winding down of central bank stimulus that has propelled the equity rally this year.