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Icahn tweets he will send open letter to Apple
Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple Inc (AAPL.O) on Thursday.
Gap CEO Murphy to retire, digital head Peck to take over
Gap Inc (GPS.N) Chief Executive Glenn Murphy will retire in February and hand over the reins of the apparel retailer to its digital business head Art Peck, as the company looks to tap customers' increasing preference for online shopping.
Venezuelans turn to bitcoins to bypass socialist currency controls
Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.
GT Advanced bankruptcy offers warning to Apple suppliers
The financial implosion of Apple Inc (AAPL.O) supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches.