Samsung Electronics Co. defeated Apple Inc.’s bid for a court order barring U.S. sales of some Samsung smartphones that were found to infringe Apple patents in a ruling that may affect a trial over current products.
Kenneth Heebner, manager of the $1.6 billion CGM Focus Fund, bet on a decline in Apple Inc. through a $52 million short sale during the fourth quarter, as institutional investors grow less bullish on the stock.
Peter Seto wakes up at 5:30 a.m., drinks a cup of coffee and makes the 18-minute cross-town commute to San Francisco’s waterfront. There, he hops in the driver’s seat of a 45-foot luxury coach outfitted with tinted windows, plush seats, TVs and wireless Internet to chauffeur a bus full of programmers around the Bay Area.
Tesla Motors Inc. closed above $200 for the first time amid speculation about the nature of a 2013 meeting between the electric-car maker’s chief, Elon Musk, and Apple Inc.’s head of mergers and acquisitions.
Arizona got snubbed by Apple Inc. in 2012 when the iPhone maker picked Texas to build a new operations hub. Scott Smith, the mayor of the Phoenix suburb of Mesa, was determined to keep history from repeating itself.