Corporate raider Carl Icahn said Tuesday he has taken a "large position" in Apple, calling the US tech giant "extremely undervalued."
Samsung Electronics Co. has applied for U.S. and South Korean trademarks for a watch that connects to the Internet in the latest sign that consumer technology companies see wearable devices as the future of their business.
Apple said Monday it would investigate claims that an iPhone electrocuted a Chinese woman who was making a call while charging the device.
A US judge ruled Wednesday that Apple violated antitrust law in a price-fixing case, saying the company "conspired to restrain trade" with publishers to boost the price of e-books.
Former Yves Saint Laurent CEO Paul Deneve has joined Apple to work on special projects, the US tech giant said Wednesday, amid speculation he could be involved in developing a rumoured smartwatch.
Apple has filed a trademark application for an "iWatch" in Japan, fuelling speculation the US tech giant is preparing to introduce a wearable computing device to go up against products on stream from Google and Samsung.
It may not be able to carry the clubs like a caddie but a new "smart watch" can help a golfer find his range on the course, and its makers are taking a swing at the global market as part of a new trend in wearable computing.
Apple expects to expand its Silicon Valley workforce by nearly 50 percent during the next three years, signaling the company's faith in its ability to keep coming up with hit products like the iPhone and iPad.
The US government's trial against Apple, accused of leading a conspiracy to fix prices of electronic books, opened Monday in New York.
Wearable computing, the next great frontier in consumer electronics, is expected to draw crowds to Taipei's Computex trade fair this week as interest in the nascent technology surges.