Twitter names Jack Dorsey CEO, who will also serve as CEO of Square

Twitter announced on Monday morning that, as of September 30, co-founder Jack Dorsey is the company’s new CEO. Dorsey had been serving as the interim CEO following Dick Costolo’s decision to step down from the appointment. Reports last week suggested Dorsey would take the role, though there had apparently been some concern about his involvement with Square. […]

Google could go to court over Alphabet name

Before Larry Page and Sergey Brin announced the existence of Alphabet, one would assume the two did their homework to make sure the name was actually available. Well, turns out it isn’t; in fact, not only has the domain already been scooped up, but the Alphabet trademark already belongs to another (and very unexpected) company. And, […]

Apple Q3 earnings: 47.5M iPhones sold misses Wall Street expectations

Apple reports its fiscal third quarter earnings on Tuesday. The firm noted $1.85 earnings per share (EPS) on revenue of $49.6 billion. Wall Street analysts were expecting earnings of $1.81 per share and $49.43 billion in revenue. Wall Street was also looking for 48.8 million iPhones sold, 4.9 million Macs sold, according to Business Insider; CNBC said […]

Apple acquires GPS firm Coherent Navigation

Apple has bolstered its mapping capabilities with the acquisition of Bay Area firm Coherent Navigation, which specializes in navigation and GPS systems. The company was founded in 2008 by engineers from Stanford and Cornell. Coherent Navigation builds a High Integrity GPS (“iGPS”) system that is capable of combining signals from traditional mid-earth orbit satellites with […]