Apple's rebirth was expected to begin later this year amidst the growing worries of shareholders who were all anticipating for a boost.
Regions
CIT Names Dan Henderson CIT GAP Funds investment director
CIT has named Dan Henderson as the Investment Director for CIT GAP Funds. Dan Henderson has been appointed as the Investment Director for CIT GAP Funds, according to a recent press release from the Center of Innovative Technology (CIT).
Michigan Pre-Seed Capital Fund invests $1.5 million in 6 companies
Michigan Pre-Seed Capital Fund has invested a total of $1.5 million to 6 start-ups in Michigan. The Michigan Pre-Seed Capital Fund had given funding to 6 companies in Michigan totaling $1.
UK Asset Resolution sells Northern Rock loan portfolio for $615 million
UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
iRule receives $100,000 in Series B funding from IncWell
In Series B funding, iRule has received $100,000 in funds from IncWell. IncWell LP, a private venture capital company, had invested $100,000 in iRule in Series B funding.
Latest News
According to analysts, Apple and Samsung might strike a deal to stop the ongoing smartphone patent wars between the two tech titans.
A fire broke in one of Samsung's plants today. As if bad home market satisfaction weren't troubling enough for the Korean smartphone makers, a fire broke out at one of Samsung Electronics' plants in South Korea today.
Analysts commented on their take on Apple's June quarter results. Apple revealed its results for the June quarter. Traders were pleased with the report even though the result was mixed.
Apple and Google's effect on PC industry would result to investors' reassessment of their investments on Intel and Microsoft.
ADNOC announced that they are halfway through their US$40 billion investment plan. Abu Dhabi National Oil Co. (ADNOC) said that they are halfway through plans for the company's US$40 billion investment plan.
SIFCO acquires competitor commercial aerospace component supplier MW General. SIFCO Industries, Inc. , leading aerospace and energy industries components supplier, announced its acquisition of MW General's operations and operating assets.
Apple reported a 14% decline on its sales in China due to the increasing popularity of cheaper android phones and local brands.
After Google and Apple's success with their tablets, Advanced Micro Devices could still manage to have a brighter future due to its products and processors.
Despite gaining GPB6 billion in the United Kingdom, Apple allegedly paid only GBP10 million in UK corporation taxes.
