Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL), along with other Silicon Valley tech giants, will be paying about $415 million in settlement of an anti-poaching class action suit filed against it in 2011 by tech employees, accusing the companies of collusion that violated their rightful interests as workers. In a court filing, the plaintiffs noted…
Apple Inc. (AAPL) Sued by Ericsson (ADR) (ERIC) for LTE Royalty
Apple Inc. (NASDAQ:AAPL) is facing a counter suite from Ericsson (ADR) (NASDAQ:ERIC), in a patents war that the two companies have waged against each other. The Swedish telecoms supplies company hit the Cupertino, California-based tech giant with a complaint regarding mobile tech licenses, apparently in retaliation to the case filed by Apple, wherein the iPhone…
Apple Inc. (AAPL) And Google Inc (GOOGL) Along With Top Tech Firms Might End Up Paying More In Employee Poaching Conspiracy
Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Adobe Systems Incorporated (NASDAQ:ADBE), and Intel Corporation (NASDAQ:INTC) are the four latest tech giants that are being accused of conspiring in proximity to control job mobility and control employee salaries. According to the plaintiffs, these tech firms worked together to avoid poaching one another’s employees and it helped the…
Apple Inc. (AAPL)’s Sports Camera Patent Sends GoPro Inc (GPRO) Stocks Tumbling
Apple Inc. (NASDAQ:AAPL)’s new patent for a waterproof, remote-controlled sports camera sent shivers to GoPro Inc (NASDAQ:GPRO) stocks, which fell as much as 12 percent, down $6.91 to $49.87 per share on Tuesday as news of the new Apple patent circulated in blogs and news sites. Patently Apple reported the news first, describing the new…
Apple Inc. (AAPL) Might Explore Wearable Camera Industry, Gets Patent For Mountable Camera
In its quest of making innovative products, Apple Inc. (NASDAQ:AAPL) was given a patent for mountable sports camera much similar to that of GoPro Inc (NASDAQ:GPRO)’s devices. What is interesting is the fact that the shares of GoPro fell in excess of 12 percent after the announcement. In its application for a mountable sports camera,…
Apple Inc (AAPL) Eyes New iOS Update, Developers Expect Support For Apple Watch
It seems that the technology world revolves around Apple Inc. (NASDAQ:AAPL) for one or other reason. In the latest turn of events, the iPhone maker is all set to launch iOS 8.2 in upcoming weeks. The company has released a beta-version of the iOS 8.2 with the feature to pair Apple watch with the device.…
Cramer’s Favorite Picks: Cypress Semiconductor Corporation (CY), Apple Inc. (AAPL), CVS Health Corp (CVS)
Cypress Semiconductor Corporation (NASDAQ:CY), Apple Inc. (NASDAQ:AAPL), CVS Health Corp (NYSE:CVS) are among the favorite stock picks of Jim Cramer and he has mentioned each of these stocks at least three times in the last thirty days. Cypress Semiconductor Corporation (NASDAQ:CY) is one of the favorite stock picks of Cramer and he mentioned it four…
Apple Inc. (AAPL) Tweaks App Prices Worldwide Relative to New Tax Rules and Fluctuating Currencies
Apple Inc. (NASDAQ:AAPL) is implementing price hikes in apps offered in its App Store for customers in Canada, the European Union, Norway, and Russia, in a move that seeks “adjustments in value-added tax (VAT) rates and foreign exchange rates.” App store customers from Iceland, however, will benefit from a price decrease. Apple Inc. (NASDAQ:AAPL) have notified…
Apple Inc. (AAPL) Starts 2015 With Record Performance
Apple Inc. (NASDAQ:AAPL) seem to be starting the new year with a stellar performance. In a report released Thursday, the tech giant revealed that its App Store generated a 50 percent surge in apps and in-app purchases for the year 2014, putting revenue for developers to be worth about $10 billion. The App Store offers…
Apple Inc (AAPL) Posts 50% Growth in 2014 Apps Sales
Apple Inc. (NASDAQ:AAPL) reported on Thursday that its App Store has realized a sales of almost half a billion dollars for the first week of 2015 in app sales as well as in-app purchases from customers all over the world, noting further that the New Years day set a record hit for the biggest sales…