Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Stocks in Asia traded lower on Thursday morning. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
The company blamed its Q2 content slate and price increases for the subscriber miss.Technologyread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
See which stocks are posting big moves after the bell on July 17.Market Insiderread more
"It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide.Mad Money with Jim Cramerread more
Apple plans to come out with a radically different iPhone design within two years, according to a top Wall Street firm.
Bank of America Merrill Lynch said the smartphone maker is working with its Asian partners on a foldable phone.
"We expect the iPhones this fall to be largely unchanged for the OLED versions although size changes have proved to be a catalyst in the past," analyst Wamsi Mohan wrote in a note to clients Friday. "Our checks also suggest that Apple is working with suppliers on a foldable phone (that potentially could double up as a tablet) for launch in 2020."
Mohan wrote his report after meeting several Apple suppliers in Asia.
Analysts and bloggers have speculated for years foldable phones were the next major form factor for the smartphone. Lenovo and Samsung have demonstrated concept devices with foldable screens, and other companies have filed patents, but devices have yet to materialize.
Citing unnamed sources, a Korean media outlet said in October that LG and Apple could have something in the works.
Mohan reiterated his buy rating for Apple shares. He also reaffirmed his $220 price target for the company, representing 30 percent upside to Thursday's close. The stock price was flat in Friday's premarket.
The analyst does not believe the company's products will be affected by increasing trade tensions between U.S. and China.
"Given that a substantial amount of iPhone and other electronics manufacturing is done in China, we do not see this as a particular area of retaliation from a trade context," he wrote.
Apple did not immediately respond to a request for comment.
— CNBC's Anita Balakrishnan contributed to this report.