Carl Icahn reduced his shares in Apple by $7 million, along with other big hedge funds. Meanwhile, Tiger Global Management acquire more shares in the Cupertino-based company.

Samsung Galaxy S7 and LG G5 were set to be introduced on February 21. However, both the device’s details have been leaked on the internet, revealing most of the phone’s highlighted features. Both the 2016 flagship device will have a fingerprint scanner, along with other innovations.

Apple is sponsoring one of fashion’s biggest and most prestigious event, the Met Gala. This year’s exhibition will feature works that highlight the dynamics of human craftsmanship and technology in creating high-end fashion. Apple will also be involved in the exhibition’s music department using its Apple Music.

Apple Music has gained another million subscribers, following its previous 10 million members. It means that Apple is chasing to compete tightly with its competitor, Spotify.

Apple is replacing the Macbook USB charging cables, especially on a number of devices that were released before June 2005. These old charging cables are said to have design issues that make the laptop unable to charge appropriately.

Apple is rumored to have selected Taiwan Semiconductor Manufacturing Company as its sole manufacturer of the processor chip for iPhone 7. This puts Samsung, its other chip maker, out of the equation. TSMC is now all set to roll production for the superior A10 chips in June.

VTech Holdings said that it has entered into an agreement to acquire electronic toymaker LeapFrog in an all cash offer. The electronic learning toy maker will fund the acquisition with the internal resources.

Apple has tasted the sweet of transforming iPhone apps to Android compatible versions through Apple Music in 2015. In addition to introduce versatile range of products, Apple CEO has announced the future plan in a company wide meeting. Analysts have presumed that Apple is considering every feasible mean to boost up revenue earnings.

VirnetX has been in the limelight for its achievement in realizing $223 million from Microsoft in out of court settlements. Now the patent litigation company has won a court verdict that instructs Apple to pay $625.6 million for patent infringement issues. VirnetX has claimed for $532 million initially, but Apple’s deliberate infringement over the patented products has reportedly increased the amount.

Sharp Corp board has gathered today to weigh the bidding offers. The competition is between the Taiwanese electronics giant, Foxconn and the Japanese government-backed establishment, Innovation Network Corporation of Japan. While ICNJ has always been the favoured choice, Foxconn is giving it a stiff competition by way of doubling the offered price along with debt pay-offs and retention of management and employees.