Apple's chief executive officer Tim Cook said in an earnings call that the company will definitely do something for the automobile.
Sectors
MobileSpaces acquires USD 8.6 Million in Series B funding
MobileSpaces has acquired USD 8.6 million in Series B funding. Washington-based startup MobileSpaces announced that it acquired USD 8. 6 million from Marker LLC and Accel Partners at the close of its Series B funding round.
Addvocate gets USD 2 million in Series A funding
Addvocate has closed its Series A funding round with USD 2 million from Rogers Venture Partners and angel investor Karen Riley.
iPhone sales and AAPL make a pair
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
Is Apple pressured to launch new products?
The pressure is on for Apple to launch new products. Several analysts pointed out that Apple needed to launch new products soon. Now, investors were also becoming concerned about the tech giant's status in the long term.
Latest News
Insight Venture Partners has given a $35.8 million minority investment to MediaSpectrum. Insight Venture Partners has given $35. 8 million in minority equity investment to MediaSpectrum, Inc.
MySocialCloud is now part of Reputation.com. MySocialCloud, the platform that allows users to manage their logins, passwords, and other data from one place, has been acquired by Reputation.
Kuwait's Global Investment House proudly announced the completion of their restructuring plan tagged at US$1.7 billion.
FMC Corp said that they are set to acquire Epax, a Norwegian supplier for Omega 3 fatty acids. FMC Corp (FMC) announced that they have agreed to buy the Norwegian supplier for Omega 3 fatty acids, Epax.
Several analysts gave product-centered comments of Apple's June quarter results. The results of Apple's June quarter were out. Let's see what analysts have to say regarding the report.
Samsung contracted a different graphics processing unit company for its new Exynos 5 Octa chip. South Korean electronics giant Samsung Electronics announced today that it will be using a new graphics system with its release of the Exynos 5 Octa chip.
Samsung announced the launch of their new tablet product in the highly contested Indian tech consumer market.
CIT has named Dan Henderson as the Investment Director for CIT GAP Funds. Dan Henderson has been appointed as the Investment Director for CIT GAP Funds, according to a recent press release from the Center of Innovative Technology (CIT).
Michigan Pre-Seed Capital Fund has invested a total of $1.5 million to 6 start-ups in Michigan. The Michigan Pre-Seed Capital Fund had given funding to 6 companies in Michigan totaling $1.
