COMPANIES

Apple Tops $700 Mark, Year After Hitting $400

Apple (AAPL)
Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).
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Amazon

Amazon Sales Now Taxable In California

Amazon's sales tax exemption in California expired at midnight Saturday. The mammoth online retailer had cut a deal with state lawmakers last year, but the free ride is now over.
Apple iPhone 5 Release Date Nears: Early Review Round-Up Features Mostly Positive Reviews

Apple iPhone 5 Release Date Approaches: Of Verizon, AT&T, Or Sprint, Which Is The Best Carrier For LTE Coverage?

Apple's first batch of pre-orders for the new iPhone 5 came and went on Friday, but even though the online Apple Store, AT&T stores and Verizon's retail stores are sold out of their initial pre-order stock, there are still thousands of customers dying to get their hands on Apple's latest smartphone innovation. Yet, one thing customers want to know about iPhone 5 before its release date next Friday is about which carrier to choose. Which carrier has the best overall coverage? Which carri...
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Apple Wins Judgment Vs. Samsung In International Patent Dispute

A judge at the U.S. International Trade Commission found that Apple hadn?t violated any of Samsung?s patent rights for products designed into the iPhone and iPad product lines. Last month, a jury in U.S. District Court in San Jose, Calif., determined Samsung had infringed upon Apple?s patents and awarded the Cupertino, Calif., company $1.05 billion in compensation.
Digital Domain

NFL’s Dan Marino Loses Millions: Why Did Digital Domain Go Bankrupt?

NFL Hall of Famer Dan Marino is one of the major investors who lost millions when the visual-effects company filed for bankruptcy last week. The Oscar-winning company, founded in 1993 by James Cameron, had created effects for such movies as "Titanic," "The Curious Case of Benjamin Button" and the "Trasnformers" franchise.
Apple iPhone 5

Apple To Reap Windfall On iPhone 5 As Component Cost Is $167.50, Techs Say

Apple (Nasdaq: AAPL), the world's most valuable technology company, should reap another windfall from selling the iPhone 5 because component costs are only around $167.50, engineers at UBM TechInsights reported. Apple will sell the product for as much as $399 and charge wireless carriers about $450.
Valerie Trierweiler

Kate Middleton Topless Photos: First Lady Of France Shares Her Pain

The First Lady of France, Valerie Trierweiler, won damages against a French magazine that published photos of her wearing a bikini on a beach. Perhaps Kate Middleton -- who has suffered the indignity of having topless photos of herself printed in France -- could take some inspiration from this.
Bezos With Kindle Fires

Amazon Publishing Reveals Sales Numbers In Email

After seeing the unprecedented success of a title like "Fifty Shades of Grey," casual readers and publishing industry analysts alike were led to wonder what the future of digital publishing held for the book industry as Amazon Inc. (Nasdaq: AMZN) continues to edge out traditional publishing houses and retailers alike with its aggressive competitive pricing scheme. In an email sent to literary agents unearthed by GigaOM on Thursday, Amazon Publishing Vice President Jeff Belle revealed some ...
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Peregrine Financial's Wasendorf To Be Freed After Guilty Plea

Peregrine Financial Group Chief Executive Russell Wasendorf Sr., who has confessed to stealing more than $100 million from his futures brokerage's clients, will be released from jail after he pleads guilty on Monday to mail fraud, lying to regulators and embezzling customer money, according to a judge's order.
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Zynga Confirms New COO Maytal Ginzburg Olsha To Lead Entry Into Real Money Gambling

Following its latest round of departures and continued erratic performance at the stock market, Zynga's future prospects have been looking increasingly bleak. Critics and industry analysts actually began counting the number of high-profile employees and executives left at the San Francisco-based social game developer, leading many to wonder how exactly the company hoped to recover from its current financial dilemma. On Thursday, the company finally offered up some details when it confirmed th...
A Qualcomm sign is seen at one of Qualcomm's buildings located on its San Diego Campus

iPhone 5 Plays: 5 Ways To Ride Tide Without Buying $700 Apple Shares

Want to play the iPhone 5 craze created by Apple Inc. (Nasdaq: AAPL) and not pay the price for Apple's near-$700 shares. Think of some of its suppliers like Arm Holings (Nasdaq: ARMH) and Qualcomm (Nasdaq: QCOM), or even Corning (NYSE: GLW) whose products are designed into the product.
Facebook Ad Exchange Boasts Massive Return On Investment; Is The Social Network Finally Ready To Take On Google?

Facebook Ad Exchange Boasts Massive Return On Investment; Is The Social Network Finally Ready To Take On Google?

Facebook (Nasdaq: FB) experienced a brief respite this week following several weeks of dismal business prospects and plummeting share prices. Launching an initial beta mode of its new advertising system known as Facebook Exchange Facebook Exchange (FBX), advertising partners revealed good news that might finally reverse the SanFrancisco-based social media giant's post-IPO fortunes: Facebook is now better at gathering advertising clicks from web users than its fellow internet giant and chief r...
iPhone 5 Release: 11 Features We Wish Apple Included At Launch [PHOTOS]

iPhone 5 Release: 11 Features We Wish Apple Included At Launch [PHOTOS]

The iPhone 5 has almost everything we expected - emphasis on "almost." The phone has all of the important features we predicted, including the taller and thinner build, the new 4-inch Retina Display with a 16:9 ratio for watching widescreen video, but there were many rumored features that didn't make it into the final product release, including NFC, 3D photography and the self-timing camera. Apple iPhone 5: 11 Features We Wish Were Included In The Final Release
The iPhone 5 on display after its introduction during Apple Inc.'s iPhone media event in San Francisco

iPhone 5: What Items Were Missing In Apple’s New Smartphone?

When the first customers for the iPhone 5 from Apple (Nasdaq: AAPL), the world's most valuable technology company, get their new products next Friday, chances are they’ll rave over the latest model, the upgrade for the nearly year-old iPhone 4S. But some anticipated items are absent, like an upgrade to Siri, NFC and biometric security.
Steve Wozniak, Apple Co-Founder, On iPhone 5 Patent Litigation: 'I Hate It'

Steve Wozniak, Apple Co-Founder, On iPhone 5 Patent Litigation: 'I Hate It'

Steve Wozniak, the programmer and computer engineer who helped launch what would later become Apple Inc. (Nasdaq: AAPL), didn't have the best things to say about his former company when the subject of Apple's recent legal battle with Samsung (KRX:005930) came up, even as he expressed his anticipation for purchasing the new iPhone 5. Speaking to Bloomberg about Wednesday's launch of the highly anticipated iPhone 5 unveiling, Wozniak praised the iPhone 5, but also commented on the recent ...
iPhone 5

Apple Shares Leap To New Record As Goldman, Others Up Target Prices

Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, rose 1 percent in Thursday trading after several analysts at firms including Goldman Sachs (NYSEL GS) boosted their price targets for the Cupertino, Calif.-based company, citing potential sales of the iPhone 5.

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