Carl Icahn, who pocketed an $800 million profit after selling more than half of his stake in Netflix Inc., is losing a three-month-old wager with his son Brett over the stock, which soared to a record yesterday.
Billionaire investor Carl Icahn said he increased his stake in Apple Inc. by another $500 million, bringing his total holdings in the iPhone maker to about $3.6 billion as he reiterated calls for a bigger stock buyback.
Apple Inc. won a temporary reprieve from having a court-ordered monitor oversee its compliance with an antitrust ruling on electronic book prices until a federal appeals court holds a hearing on its bid for a longer stay.
Apple Inc. Chief Executive Officer Tim Cook promised China Mobile Ltd.’s 763 million subscribers “great things” after customers in Beijing asked him whether the iPhone maker was developing devices with larger displays.
Apple Inc., Google Inc. and other technology companies are gearing up to bring their fight over U.S. surveillance to Congress after President Barack Obama offered no specific proposals on their central request: to tell customers more about what the government is doing.
Apple Inc. failed to show that it was in the public interest to delay a court ruling appointing a monitor overseeing its sale of electronic books, a judge said in explaining a ruling announced earlier this week.