Technology Equipment

Samsung Gear VR headset

Seeing and believing: Virtual reality set to conquer living rooms

It sounded so promising. Anyone, anywhere would be able to strap on a headset in their living room and be able to experience events anywhere in the world - or outside of it - as if they were really there.

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Xerox

Xerox cuts 2015 profit forecast due to strong dollar

Xerox Corp cut its full-year profit forecast, blaming a strong dollar, and the company reported lower-than-expected quarterly revenue as its printer sales fell and costs rose.

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Phantom drone

China’s DJI drones flying high among U.S. companies

Chinese drone maker SZ DJI Technology Co Ltd has established a strong early lead in the U.S. commercial market as companies turn to its inexpensive, light-weight flying devices for a host of uses from shooting films to mapping and site inspections.

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Intel logo

Intel, Altera end takeover talks due to price disagreement

Discussions on a takeover by Intel Corp of smaller chip maker Altera Corp have ended as the companies were unable to agree on price, a person familiar with the matter said, but Altera shares rose, suggesting it is still a potential target.

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Tim Cook

Apple's Tim Cook will give away all his money: Fortune

Apple Inc (AAPL.O) Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth. Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million

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SpaceX

Delta rocket blasts off from Florida with improved GPS satellite

An unmanned Delta 4 rocket blasted off from Florida on Wednesday to deliver the ninth of 12 next-generation Global Positioning System satellites into orbit.

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IBM Corp.

IBM to share technology with China in strategy shift

IBM Corp will share technology with Chinese firms and will actively help build China's industry, CEO Virginia Rometty said in Beijing as she set out a strategy for one of the foreign firms hardest hit by China's shifting technology policies.

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Apple Inc.

Italy prosecutors wrap up tax probe into Apple

Italian prosecutors have wrapped up an investigation into allegations U.S. tech giant Apple (AAPL.O) failed to pay corporate taxes to the tune of 879 million euros ($964 million), two sources said on Monday.

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Google Glass

Google X boss says company should have curbed Glass hype

Google Inc (GOOGL.O) (GOOG.O) was wrong to let expectations about its Glass wearable gadget get overheated, the head of the Google X research lab said on Tuesday.

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Tim Cook

Big problem for fund managers: liking Apple too much

At more than 15 percent of his fund's assets, John Burnham, manager of the $136 million Burnham Fund, has a larger stake in Apple Inc than any other diversified fund.

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United Technologies Corp

United Technologies CEO sees $1 billion in acquisitions in 2015

United Technologies Corp's (UTX.N) chief executive officer said on Thursday that the company will spend $1 billion on acquisitions this year, "maybe a little bit more," even as he eyes bigger targets.

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Swatch

In smartwatch war, Swatch goes for cheap, quick and China

The world's largest watchmaker unveiled its riposte to Apple Inc's smartwatch on Thursday, announcing a plan to put cheap programmable chips in watches that will let wearers from China to Chicago make payments with a swipe of the wrist.

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Apple Inc. is expected to formally introduce the Apple Watch on their Spring Forward event March 9 this year.

Apple's iTunes, App Stores back online after unusually long outage

Apple Inc's iTunes and App Store came back online on Wednesday afternoon after an unusually long service disruption that the company blamed on an internal technical error.

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Apple Inc.

Apple seeks to dismiss lawsuit filed by electric battery maker

Apple Inc asked a U.S. court on Tuesday to dismiss a civil lawsuit filed by battery maker A123 systems over engineers hired by Apple, saying A123's claims were too speculative to proceed, according to a court filing.

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Hewlett-Packard Co

Four Hewlett-Packard patents invalidated in ServiceNow case

A federal judge in California on Tuesday invalidated four Hewlett-Packard Co patents for being too abstract, marking a setback in the company's patent infringement lawsuit against competitor ServiceNow Inc.

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