Jonathan Ive, six months into an expanded role as Apple Inc.’s top product visionary, has embarked on a sweeping software overhaul that leaves the company at risk of falling behind on a new version of the operating system that runs iPhones and iPads, people with knowledge of the matter said.
Alisher Usmanov, the Russian billionaire who made a more than 10-fold return from his investment in Facebook Inc., said he recently spent about $100 million buying Apple Inc. shares in anticipation they will rise.
Rupert Murdoch, chairman of News Corp., predicted that a bill in the U.S. Senate that would allow many undocumented immigrants to become citizens in about 13 years has enough support in Congress to pass.
Goldman Sachs Group Inc., which has been advising Apple Inc. on how to deal with its multibillion- dollar cash pile, and Deutsche Bank AG, Germany’s biggest lender, are in the lead to help the iPhone maker sell bonds for the first time in 17 years.
Apple Inc. averted an order that could have hindered imports of the iPhone 4 into the U.S. after persuading a U.S. trade agency to invalidate a patent owned by Google Inc.’s Motorola Mobility unit over a phone sensor,