Apple has no intention of competing in the "junk" segment of the electronics market, chief executive Tim Cook says.
(AP)—Apple CEO Tim Cook says the company will produce one of its existing lines of Mac computers in the United States next year.
(AP) -- Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
Charging online readers will give The New York Times a critical second revenue stream but the print newspaper will be important for "many years to come," publisher Arthur Sulzberger said Thursday.
Twitter has reached profitability after signing deals with Google and Microsoft to make the micro-blogging service searchable on the Internet, BusinessWeek magazine reported on Monday.