Canada's Silicon Valley is seeing a boom of start-ups after BlackBerry's meltdown. More than 450 were created last year—four times the 2009 amount.» Read More
Applied Materials Inc. fell 1.5 percent to $18.58 with 11,137,700 shares traded. Cisco Systems Inc. rose. 7 percent to $23.06 with 15,802,300 shares traded. Facebook Inc. rose. 1 percent to $59.17 with 50,413,000 shares traded.
NEW YORK— Even as Microsoft prepares for a future dominated by touch-screen devices, it is steering its Windows system to embrace more of the past. As sales of smartphones and tablets grow rapidly, Microsoft reshaped Windows so that PCs came to look, work and feel more like mobile devices. Microsoft responded a year later with Windows 8.1.
April 16- The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario.
The wireless industry announced a voluntary commitment to include new anti-theft technology on phones starting next year.
SAN FRANCISCO, April 15- Microsoft Corp needs a "data culture" to thrive in the new computing environment, according to Chief Executive Satya Nadella, in his third public appearance in three weeks putting his imprint on the software company.
The Nasdaq staged a more than 2 percent rally back from the brink of correction territory Tuesday in the biggest one day turnaround in five years.
NEW YORK— Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services. Intel Corp. is the world's largest maker of microprocessors, which act as the "brains" of computers.
In the meantime, though, fund managers are buying Diebold Corp, the automated teller machine maker whose stock has underperformed bigger rival NCR Corp since 2009, on signs it may post better returns than NCR this year.
4 Sleep Cycle alarm clock, Northcube AB. 9 Plague Inc., Ndemic Creations. 6 Family Guy: The Quest for Stuff, TinyCo, Inc..
MINNEAPOLIS— Best Buy's president of U.S. retail stores is leaving the company and his duties will be taken over by the electronics retailer's human resources officer. Best Buy confirmed the change, first reported in the Minneapolis Star Tribune.
NEW YORK— Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions. Meanwhile, Windows Phone's lack of a central hub for checking notifications from Facebook and other services has been addressed with a new Action Center. The Windows store is getting better and has many popular apps such as Facebook and Netflix.
NEW YORK— Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day— to advertisers, academic institutions, politicians and other customers.
WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?
BlackBerry Ltd. fell 1.9 percent to $7.14 with 17,696,100 shares traded. Cisco Systems Inc. rose 1.7 percent to $22.85 with 35,296,700 shares traded. Facebook Inc. rose. 6 percent to $58.89 with 70,744,500 shares traded.
The "Fast Money" traders share their final trades of the day.
CHICAGO, April 14- A resounding shot across the bow has been fired at the tech sector in recent weeks. The tech-heavy Nasdaq Composite Index is down nearly 5 percent in April through Friday's close and the Nasdaq Biotechnology Index is off 21 percent from its record closing high on Feb. 25.
Slowly but surely, Windows Phone is gaining some momentum, but it still has a long way to go to catch up to Apple's iOS and Google's Android.
These are the companies making headlines before the bell.
And thanks for making the Windows phone software better, Microsoft. Microsoft takes some of the best parts of Apple's and Google's virtual assistants and adds a few useful tools of its own. The result is Cortana, named after an artificial-intelligence character in Microsoft's "Halo" video games.
SAN FRANCISCO— The stock market's laws of gravity are ravaging its highest fliers. Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. The S&P 500 is 4 percent off its recent high on April 2.