Bose on Friday sued Beats for infringing on patents for its noise-canceling headphones, claiming it has marketed similar products.» Read More
SAN FRANCISCO, July 23- Federal Trade Commissioner Julie Brill, speaking in Washington on Wednesday, expressed concern about the way apps on smartphones and mobile devices are siphoning sensitive health data, and how some of that information may then be shared with third parties.
*Tech stocks boosted by Apple, Facebook hits record high. SYDNEY, July 24- Asian stocks inched higher on Thursday, encouraged by upbeat corporate results and a record close on Wall Street, while unrest in the Middle East and Ukraine underpinned demand for high-rated bonds. MSCI's broadest index of Asia-Pacific shares outside Japan was up a slim 0.09 percent.
SYDNEY, July 24- The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while other major currencies snoozed. The kiwi dollar dropped nearly a full U.S. cent to as low as $0.8606, touching levels not seen since June 12.
An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.
Customers love their food. But the CFO says there's little appetite for a stock split.
SAN FRANCISCO— Twitter acknowledged that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley.
July 23- Cirrus Logic Inc, a supplier of audio chips for the iPhone, forecast current-quarter revenue slightly below the midpoint of analysts' estimates. Cirrus, which gets about three-quarters of its sales from Apple Inc, said it expected second-quarter revenue of between $175 million and $195 million.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Delta Air Lines Inc., up $1.47 to $39.15. GlaxoSmithKline Plc., down $3.18 to $50.04.
Stocks mostly rose on Wednesday as investors weighed earnings and tracked global events.
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July 23- Chipmaker Cirrus Logic Inc reported a quarterly profit above analysts' estimates, helped by demand for its audio chips from iPhone and iPad maker Apple Inc. Net income fell to $10.2 million, or 16 cents per share, in the first quarter from $20.6 million, or 31 cents per share, a year earlier. Cirrus gets about three-quarters of its revenue from Apple.
As tech giant Apple enters the second half of 2014 and anticipation mounts for its new product lineup, CNBC asked top analysts whether the stock remained a solid bet.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
Citi's Jim Suva, provides his read on Apple, as the tech giant prepares to debut the iPhone 6. We think this is going to be the best product out there, says Suva.
Jon Steinberg, Daily Mail North America CEO, and Jessica Lessin, The Information editor in chief, discuss Apple's earnings and competition in the tablet market. Steinberg says the 9-percent drop in iPad sales is "brutal."
Microsoft and Cisco may sound old school compared to internet high fliers, but some of the old timers are at levels not seen since the dot com bubble.
Though Apple posted profits that beat expectations, investor Roger McNamee found reason to throw cold water on the tech giant.
Investor Kevin O'Leary of "Shark Tank;" Roger McNamee, Elevation Partners co-founder; and the "Squawk Alley" crew, discuss Apple's earnings. McNamee says the IBM deal is key and explains the "big problem" with the iPad.
CNBC's Josh Lipton spoke to Apple's CEO Tim Cook about earnings, tablets and margins. Cook said he was not concerned iPad sales. CNBC's John Fortt provides insight