Apple's purchase of Anobit, an Israeli maker of Flash chips, likely means the iPhone 5 will greatly improve its memory storage capabilities.
Spending cuts proposed by a cash-strapped coalition government in London will likely also exacerbate the problem.
There are only a few persons who are still remembered after their death as they have left their remarkable legacy behind them, and Steve Jobs is one of those personalities who will be remembered for Apple's iPhone and iPad.
The Army announced on Thursday that it will be moving forward with the plans announced in July, to reduce the civilian workforce by approximately 8,700 positions by Sept. 30, 2012.
The U.S. Call Center Worker and Consumer Protection Act, sponsored by Reps. Tim Bishop (D-NY) and Dave McKinley (R-WV), would prohibit federal grants or loans to U.S. based companies who move call center jobs outside of the country following enactment of the legislation.
Drugs maker AstraZeneca is to cut 1,150 jobs in the U.S. with the intention of streamlining the business.
Citigroup Inc. (C) Chief Executive Vikram Pandit said the bank will eliminate 4,500 jobs "over the next few quarters" in an effort to reduce costs, The Associated Press reported.
Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on Tuesday, becoming the latest large bank to trim staff.
The Computer History Museum, or CHM, on Monday announced the launch of its new online exhibit on Apple's co-founder Steve Jobs.
The mastermind of the 9/11 attacks on the U.S., bin Laden managed to hide out for almost a decade despite the world's most aggressive global manhunt and a $25 million reward for information leading to his capture or killing. On May 1, U.S. President Barack Obama decided to send a small U.S. force into a compound where Obama was believed to be hiding in Pakistan. Osama bin Laden was killed in the raid, and after DNA confirmation was buried at sea. Obama announced bin Laden's killing i...
Investors pushed stocks higher on Friday, heading for the best week since early 2009, on news the U.S. unemployment rate fell to a 2-1/2 year low.
Abdulfattah John Jandali, Steve Jobs' biological father, has declared his support for the Syrian protesters after the government banned his son's invention, Apple iPhone throughout the country.
French bank Societe Generale is to cut 700 jobs at its American and Asian operations as it pulls back on U.S. dollar lending to cut debt and strengthen its balance sheet, two trade-union sources said on Friday.
When combined with upward revisions to the September (210,000) and October (100,000) job totals, November’s 120,000 job gain, and recent, strong manufacturing and auto sales data, the fundamentals show a U.S. economy that is strengthening. But will Europe's credit markets sap the economy's momentum?
The euro rose for a fifth straight session against the dollar on Friday, bolstered by speculation that the European Central Bank may lend to weak euro zone countries through the International Monetary Fund.
Stocks rose on Friday after data showed the U.S. jobless rate dropped to a 2-1/2 year low and as European policymakers again appeared ready to collaborate in tackling the region's debt crisis.
Wall Street stocks were set for a higher open on Friday after data showed the U.S. jobless rate dropped to a 2-1/2 year low and as policymakers again appeared to move a step closer to tackling Europe's debt crisis.
Stock index futures briefly extended their gains on Friday after the non-farm payroll report showed accelerated job creation in November and the unemployment rate unexpectedly dropped.
Stock index futures pointed to a sharply higher open for equities on Wall Street Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 1 to 1.1 percent ahead of a key jobs report.
Stock index futures pointed to a sharply higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 1 to 1.1 percent ahead of a key jobs report.
Ireland and Iceland are seeking to fuel their hard-hit economies and exploit their position on the western edge of Europe with new data centers to be connected via a new, $300 million transatlantic telecoms cable by 2013.
Wall Street eased on Thursday after the Dow posted its best run in nearly three years, but hopes Friday's key jobs report would underscore signs of strength in U.S. economy kept investors engaged.
