The G-20 leading nations are close to adding an extra $2 trillion to the global economy, but Europe's stagnation remains a major stumbling block.» Read More
Ahead of a massive day for tech stocks, Louise Yamada makes the case that tech's bull run will continue.
Apple Inc s rose$. 21 or. 2 percent, to $101.79. Hewlett Packard Co. rose$. 34 or. 9 percent, to $37.01. International Business Machines Corp. rose$. 95 or. 5 percent, to $193.75.
SAN FRANCISCO— Apple has tightened its technological security so not even the company can pry into a password-protected iPhone or iPad, a move meant to reassure the millions of people who are increasingly storing vital pieces of their lives on the devices.
Ellison, 70, intends to still play an influential role at Oracle Corp. He is taking over as Oracle's executive chairman, replacing Jeff Henley in the position, and will oversee the engineering departments as chief technology officer.
Apple will now encrypt content stored on iOS 8 devices. Edmund Hartnett, Bronson Risk Consultants president, and Joe Loomis, Cybersponse CEO, discuss the possible security threat.
Though some started weeks ago, people are now lining up in droves all over the world in anticipation of the release of Apple's iPhone 6 and 6 Plus on Friday.
*Visa exploring options for 5.5 pct stake in Monitise. *Visa fourth-biggest stakeholder in Monitise. Sept 18- Monitise Plc lost more than a third of its market value after Visa Inc, its biggest customer, revealed plans to divest its stake in the company and pursue development of its own mobile payment systems.
Alibaba's expected valuation is about $175 billion. Here's how that compares with other tech giants like Amazon, Facebook and Apple.
Apple Inc. rose. 2 percent to $101.79 with 35,902,100 shares traded. Facebook Inc. rose. 7 percent to $77.00 with 22,472,500 shares traded. Gilead Sciences Inc. rose 2.0 percent to $105.93 with 16,071,400 shares traded.
Apple Inc s rose$. 46 or. 5 percent, to $102.04. Hewlett Packard Co. rose$. 19 or. 5 percent, to $36.86. International Business Machines Corp. rose $1.17 or. 6 percent, to $193.97.
Microsoft laid off 2,100 employees as a part of a previously announced restructuring plan.
Some of Thursday's midday movers:
Apple's mobile payments service and the cryptocurrency are "not super comparable," says investor Cameron Winklevoss.
NEW YORK, Sept 18- U.S. stocks were rising in late morning trading on Thursday, with the S&P 500 hitting a record high a day after the U.S. However, the central bank's outlook included forecasts for higher-than-expected rates in 2015 and 2016, which helped financial stocks lead gains on Wall Street.
In The Good, The Bad, and The Ugly: One analyst's buy rating on Alibaba stock; the government's rough housing numbers; and the Apple CEO's privacy push
TOKYO, Sept 18- The head of Sony Corp's PlayStation division hopes to raise its profit outlook for this year, in stark contrast to the Japanese electronics firm's mobile business which has forecast deep losses and sent Sony's stock reeling.
Some of the names on the move ahead of the open.
Apple's iPhone 6 received approval for use on domestic frequencies but requires one more critical licence before it may be sold in China.
HONG KONG, Sept 18- Hong Kong shares finished lower on Thursday after weak Chinese housing data heightened concerns of a deepening downtrend in the property sector that is weighing on the broader economy. China Resources Land sank 2.8 percent, a leading percentage loser on the Hang Seng, and China Overseas Land& Investment shed 1.8 percent.