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Apple to lay off about 200 people at Beats: Report

Apple to lay off about 200 people at Beats: Report

Last Updated: Thursday, July 31, 2014, 11:17

The job cuts will mainly hit human resources, finance and other departments with significant overlap between the two.

Xiaomi overtakes Apple in China, threatens Samsung

Xiaomi overtakes Apple in China, threatens Samsung

Last Updated: Wednesday, July 30, 2014, 18:04

Chinese smartphone maker Xiaomi's Mi3 was often referred to as the 'Apple' phone in China but now its appears the company has overtaken the American smartphone maker in the country.

Apple updates MacBook Pro laptops, cuts price of older model

Last Updated: Tuesday, July 29, 2014, 18:48

The world`s largest technology company also lowered the price of its older 13-inch MacBook Pro by $100 to $1,099.

EU antitrust body clears Apple's $3 billion Beats deal

Last Updated: Monday, July 28, 2014, 23:11

The European Union's antitrust authority has cleared Apple's USD 3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services.

Apple iPhones allow extraction of deep personal data, researcher finds

Last Updated: Saturday, July 26, 2014, 12:32

Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.

Dell, BlackBerry downplay threat from Apple-IBM alliance

Last Updated: Saturday, July 26, 2014, 12:31

Top executives at Dell and BlackBerry Ltd scoffed at the threat posed by the alliance this week, arguing the tie-up is unlikely to derail the efforts of their own companies to re-invent themselves.

Facebook shares hit record high as market likes earnings

Last Updated: Thursday, July 24, 2014, 19:57

Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world`s No. 1 social network trounce analysts` expectations for quarterly profit and revenue.

Swatch Group denies working with Apple on smartwatch

Last Updated: Thursday, July 24, 2014, 18:07

Swiss watchmaker Swatch Group has denied a media report saying it was working with technology company Apple on a smartwatch, a wearable device with interactive functions.

In China, Apple's focus pays off while Samsung feels squeeze

Last Updated: Thursday, July 24, 2014, 18:04

The mobile industry has long held that Samsung`s broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets.

Apple pushes S&P 500 to record close; Boeing hits Dow

Last Updated: Thursday, July 24, 2014, 09:10

US stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple`s bullish results.

Apple posts $37.4 bn in revenue in Q3 despite slump in iPad sales

Last Updated: Wednesday, July 23, 2014, 08:47

Lower-cost phones sold there by up-and-coming rivals such as Xiaomi appeared to be grabbing market share mainly from other companies that rely on Google`s Android software.

Apple asks suppliers to produce up to 80 mn large-screen iPhones

Last Updated: Tuesday, July 22, 2014, 13:16

The new phone models are also expected to feature metal cases similar to the iPhone 5S and likely come in multiple colors, the people said.