Henry Blodget, Business Insider editor-in-chief & CEO and CNBC's Jon Fortt, discuss Steve Ballmer's exit from Microsoft's board to run the L.A. Clippers.» Read More
Amicus Therapeutics rose 20.4 percent to $5.50 with 24,558,700 shares traded. Apple Inc. was unchanged at $100.57 with 51,290,400 shares traded. Cisco Systems Inc. rose. 3 percent to $24.71 with 20,112,700 shares traded.
NEW YORK— Barnes& Noble and Samsung unveiled a new reading-focused tablet that will replace the bookseller's own Nook tablets. The move had been expected since Barnes& Noble said in June it would team up with Samsung to release co-branded Nook tablets in August.
BEIJING— China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry. Officials said earlier that Mercedes Benz, Audi and Chrysler also violated the law.
3. Afterlight, Afterlight Collective, Inc. 4. Sleep Cycle alarm clock, Northcube AB. 8. Buddyman: Kick 2, Crazylion Studios Limited.
Apple Inc. rose 1.4 percent to $100.53 with 67,310,800 shares traded. Cisco Systems Inc. was unchanged at $24.64 with 20,096,900 shares traded. Facebook Inc. rose. 9 percent to $75.29 with 26,104,400 shares traded.
Microsoft published Ballmer's resignation letter on its website Tuesday along with a response from current CEO Satya Nadella thanking him and wishing him well. The 58- year-old says he plans to hold on to his Microsoft stock and will continue to offer feedback on products and strategy.
LA Clippers owner and former Microsoft CEO Steve Ballmer will step down from the company's board. CNBC's Courtney Reagan reports Ballmer intends to hold Microsoft shares for the foreseeable future.
Apple hit $100 a share for first time since its seven-for-one split in June.
Most likely to be another Netscape? Would never catch Microsoft and Yahoo? Google has proved a lot of pundits wrong since its IPO.
NEW YORK— HTC will start making a version of its flagship HTC One phone with Microsoft's Windows software inside. HTC said it developed the new model at the request of Microsoft, which has been trying to boost its Windows Phone system.
Ex-Microsoft CEO Steve Ballmer introduced himself to Los Angeles Clippers fans at a rally celebrating his new ownership of the NBA team.
The facts of Google's first 10 years are impressive.
NSK Ltd. said Tuesday it was fined 174.9 million yuan and NTN Corp. said it was fined 119.2 million yuan. It said the company, a unit of Germany's Daimler AG, used its control over supplies of replacement parts to charge excessive prices. Officials have said Volkswagen AG's Audi luxury unit and Fiat Chrysler Automobile NV's Chrysler also violated the law.
Apple Inc. rose 1.2 percent to $99.16 with 45,150,400 shares traded. Cisco Systems Inc. rose. 8 percent to $24.63 with 27,046,800 shares traded. Facebook Inc. rose 1.3 percent to $74.59 with 23,473,500 shares traded.
These once-ballyhooed tech stocks are still hurting even while the broad Nasdaq composite index is hitting a 14-year high, USA Today reports
Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.
SAN FRANCISCO— Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.
Despite its wildly successful products, consumer feedback to Google technology has not always matched its grand ambition.
Ten years after the search giant's IPO, CNBC looks at where some high-ranking Googlers have landed in the tech industry and beyond.
Companies like Google, Facebook and Cisco Systems are employing unorthodox new criteria to size up their deal targets.