Thu07282016

LAST_UPDATEThu, 28 Jul 2016 8am

IBM Steps Up Efforts In Fight Against Zika

Pic: ReutersInternational Business Machines Corp said on Wednesday it would provide its technology and resources to help track the spread of the Zika virus.

Read more: IBM Steps Up Efforts In Fight Against Zika

Alibaba, eBay, CVC Bid For Polish Auction Site Allegro - Sources

Pic: ReutersWARSAW: Chinese e-commerce group Alibaba, U.S. online retailer eBay Inc, and private equity firm CVC Capital Partners are among the bidders for Eastern Europe's No.1 auction website Allegro from South Africa's Naspers, sources said.

Read more: Alibaba, eBay, CVC Bid For Polish Auction Site Allegro - Sources

As iPhone Sales Stagnate, Services Promise Growth For Apple

Pic: ReutersThough Apple Inc is selling enough iPhones to keep investors happy for now, the world's most valuable publicly traded company is set increasingly to rely on its apps and services to drive growth.

Read more: As iPhone Sales Stagnate, Services Promise Growth For Apple

Twitter's Video Push Seen Unlikely To Fast-Forward Revenue Growth

Pic: ReutersVideo may have killed the radio star, but it could offer a lifeline to Twitter Inc.

Read more: Twitter's Video Push Seen Unlikely To Fast-Forward Revenue Growth

Tesla's Musk Sees 'Modest' Capital Raise For Next Strategic Turn

Pic: ReutersSPARKS, NEVADA: Tesla Motors Inc's (TSLA.O) next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday.

Read more: Tesla's Musk Sees 'Modest' Capital Raise For Next Strategic Turn

Apple CEO Touts Future Technology Amid iPhone Worries

Pic: ReutersSAN FRANCISCO: As iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so slightly on its work in artificial intelligence and augmented reality, aiming to reassure investors that the company is ready to ride the next wave of technology.

Read more: Apple CEO Touts Future Technology Amid iPhone Worries

Twitter Shares Dive After Update Disappoints

Twitter's shares fell hard Tuesday after its quarterly update showed more losses for the struggling social media platform.SAN FRANCISCO: Twitter's shares fell hard Tuesday after its quarterly update showed more losses for the struggling social media platform, which has seen sluggish growth in revenues and active users.

Read more: Twitter Shares Dive After Update Disappoints

Apple Sells More Iphones Than Expected, Shares Jump After Hours

Workers prepare for the opening of an Apple store in Hangzhou, Zhejiang province, January 23, 2015. REUTERS picApple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall.

Read more: Apple Sells More Iphones Than Expected, Shares Jump After Hours

Kremlin Says Idea It Hacked Democratic Party Emails Absurd

Pic: ReutersMOSCOW: The Kremlin dismissed as absurd on Tuesday allegations it was behind the hacking of U.S. Democratic Party emails, saying unidentified individuals were trying to cynically exploit fear of Russia for electoral purposes.

Read more: Kremlin Says Idea It Hacked Democratic Party Emails Absurd