On Thursday, Apple jumped into the digital textbook publishing business by launching new applications like iBooks 2 and iBooks Author in a media event in New York. Apple wants to make it easier for people to publish and consume educational content and is giving the tools away free of cost. But be clear enough that the Cupertino tech giant is not in a mood of doing any charity.
The number of Americans filing for new jobless benefits dropped to an almost four-year low last week, and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.
General Electric Co's (GE.N) fourth-quarter revenue fell short of Wall Street expectations because of slower-than-expected growth in Europe, sending its shares down 2.5 percent in premarket trading.
Apple Inc. unveiled two new educational opportunities, including iBooks 2 for iPad and an all new iTunes U app, at a press event in New York Thursday.
Apple's recently announced iBook 2 on Thursday marks the most ambitious attempt by Apple to revolutionize the education system in the U.S.
Apple Inc took a big jump into the digital textbooks market with the launch of its iBooks 2 software on Thursday, aiming to revitalize the U.S. education market and quicken the adoption of its market-leading iPad in that sector.
iBook 2, Apple's latest iOS app, comes with Retina Display, reveals 9to5Mac. Soon as the news hit the ears of iPhone lovers, rumors are at its peak about iPad 3, which is expected to release within months, to have the same high resolution display.
Google has topped Fortune's annual list of '100 Best Companies to Work For' and that's not surprising - with a job growth of 33%. the 13-year old search giant has moved up from fourth place in 2011 to top the list this year.
Moody's Investors Service, the credit rating agency of Moody's Corp , warned on Thursday that it is likely to make further cuts in credit ratings of many European banks and global investment banks.
Stocks rose for the third straight day on Thursday, sparked by results from Bank of America and Morgan Stanley and as the latest jobless claims dropped to a near four-year low.
Wall Street axed 2,000 workers in December as poor profits led companies to slice expenses, the biggest reduction since last summer when the industry released its summer interns, James Brown, a labor market analyst with the New York Department of Labor, said on Thursday.
Moody's Investors Service warned Thursday that many European banks and global investment banks are likely to see their credit ratings further downgraded by the agency.
There's a new seed stage investor in town. Brooklyn Bridge Ventures, which set up shop at 20 Jay Street in DUMBO, is looking commit up to $500,000 and lead investments in seed and angel stage rounds for new internet-based companies.
In Hollywood, George Lucas is one of the pioneers who used the latest technology to bring amazing special effects in movies. The director, known for 'The Star Wars' saga and 'Indiana Jones' series, has now declared that he would not make any more blockbuster film, in his interview with New York Times, ahead of the release of new movie 'Red Tails.'
American Express Co reported a quarterly profit that topped expectations, as cardholders spent more and expense growth slowed.
Fortune magazine named Google the best company to work for in America in 2012. The search giant, based in Mountain View, Calif., tries to keep a perfectionist attitude about everything it does, which is why it continues to grow: It is never satisfied with its success.
According to federal authorities and a revised indictment, a New York City man is accused of planning one of the most devious terror plots since Sept. 11.
The South Carolina primary is on Saturday, and only four candidates -- Newt Gingrich, Mitt Romney, Ron Paul and Rick Santorum -- remain. Here are five things to look for when the results come in.
American Express Co reported a quarterly profit that topped expectations, as cardholders spent more and expense growth slowed.
A major Virgin Islands-based oil refinery partly owned by Hess announced on Wednesday that it was closing, news that has sent gas prices to seasonal highs.
Though there is no upfront fee to create the e-book titles and though it must be acknowledged that it is a total miracle in terms of time savings (as Roger Rosner, Apple VP for Productivity Software, rightly said), the new iBooks Author has several limitations.
New York Jets owner Woody Johnson wouldn't rule out his organization pursuing Peyton Manning, but did insist that Mark Sanchez is our guy.