Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.
After enjoying a record-breaking quarter earlier this year, Apple posted yet another milestone on Monday, this time for its stock. With its stock reaching $660.73 a share early Monday morning, Apple finally surpassed Microsoft as the most valuable publicly-traded stock ever, achieving a market capitalization of $619.37 billion, the largest cap ever recorded.
The Union of South American Nations released a statement supporting the Ecuadorian government against supposed threats from the UK over Julian Assange.
Phyllis Diller, the actress and pioneer for female comedians, died Monday in Los Angeles. She was 95.
Egyptian president Mohammed Morsi will visit Iran at the end of August, the first time an Egyptian leader has visited Iran in more than 30 years.
Just prior to its much-hyped stock market debut, Facebook Inc. (Nasdaq: FB) bought the photosharing website Instagram for $1 billion in cash and stock. Now, with the world's biggest social network trading at half its IPO price, Instagram's deal doesn't look as nearly as sweet.
Nicki Minaj is reportedly in talks to become a judge on ?American Idol,? joining Mariah Carey as the floundering reality series tries to revive its ratings. Meanwhile, 19-year-old heartthrob Nick Jonas also confirmed he was being considered for a spot at the judges? table as well.
Only one percent of the U.S. population serves in the military today.
The CLO of the direct downloading website RapidShare has made suggestions to the US government on the way they handle online piracy. In a letter to the Office of the U.S. Intellectual Property Enforcement Coordinator, the CLO suggests the government focus on link sharing websites as opposed to all file sharing outlets.
Most collectors claim they are simply military historians, and not neo-Nazis.
New Yahoo (Nasdaq: YHOO) CEO Marissa Mayer appears to continue her housecleaning. U.S. sales chief Wayne Powers quit the search engine and media company Monday to become president of Parade Publications, the Sunday newspaper supplement published by privately held Advance Publications.
Exchange operator CME Group Inc. (Nasdaq:CME) is opening a hot new table in the global financial casino, pushed to set up a derivatives exchange in London by clients who can't be bothered to comply with U.S. law.
Who is Darla Moore? The businesswomen joins former Secretary of State Condoleezza Rice to become the first female members of Augusta National Golf Club.
WWE SummerSlam saw Brock Lesnar in an intense match with Triple H, as well as WWE Champion CM Punk steal a victory from John Cena to retain his WWE Championship. The night also featured other superstars and a performance by Kevin Rudolf.
Caterpillar Inc. (NYSE: CAT) Chief Exectutive Officer Doug Oberhelman has long been an optimist, but these days he's been scaling back on his optimism.
By the time the clock hit midnight Sunday, three United Airlines flights had made emergency landings over the weekend, stranding passengers and leaving others wondering whether the airline, which recently merged with Continental, was in the midst of a rocky marriage.
Gold prices continued to decline this week, dragging even lower due to unusually weak demand from China and India - the two largest gold consumers - that has extended for several months.
With an estimated 650,000 homeless people in the United States and around 380,000 in Britain, experts said high levels of infection would not only cause yet more poverty and distress for those without homes, but could also become a wider problem.
Neighbors of the man told Czech media that they believe he is mentally ill, but does not appear to be an extremist.
Seventy-six people were rescued on Sunday from a sightseeing vessel that ran aground in Alaska's Glacier Bay and began filling with water, the U.S. Coast Guard said.
General Motors Co (NYSE: GM) will recall 249,260 mid-size sport utility vehicles to correct a potential fire hazard, a U.S. government safety agency said.
Colleen Shannon, who was a Playboy Playmate in 2004, was arrested on Thursday for allegedly smuggling a man across the U.S. border.
