Apple market value hits $700 bn

A rise in Apple shares Tuesday pushed the market value of the trend-setting US tech icon above $700 billion, becoming the first company to hit that milestone.

Samsung to launch new phone in China before Apple

Samsung Electronics Co. said Wednesday its latest Galaxy Note 4 smartphone will go on sale in China and South Korea later this month as its flagging mobile business tries to defend sales from Apple's new iPhones.

Sony forecasts $2B loss as smartphones lag (Update)

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.

Ticketfly buying WillCall for on-premise data

Ticketfly Inc., a San Francisco-based technology company among several posing a challenge to Ticketmaster, is acquiring WillCall Inc., a crosstown rival that turns your smartphone into a mobile wallet at live events.

BlackBerry stock falls after Apple-IBM deal

Blackberry stock fell sharply Wednesday, one day after the announcement of a landmark deal between rivals Apple and IBM to offer custom-tailored apps for businesses.

PlayStation 4 leads jump in US console sales

Sony's PlayStation 4 led a surge in console sales that lifted the US video game market in April, said figures released Thursday by market research firm NPD Group.

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