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. […]

Apple, PayAnywhere team up to bring Apple Pay support to 300k merchants

Apple has teamed up with PayAnywhere to bring Apple Pay to an additional 300,000 merchants across the U.S. The deal allows customers to pay using Apple Pay in stores that use a PayAnywhere credit card reader, which will be sold in Apple Stores starting next month. PayAnywhere is a $39.95 card reader that allows independent […]

Rare Tim Cook email assures China growth as Apple slides

Shares of Apple stock were trading below $100 pre-market opening on Monday, down from a 52-week high of $134.54, and while investors are largely seeing a lot of industries experiencing what some analysts are calling a market correction, Apple’s CEO Tim Cook is still bullish on the company’s position. In an email to CNBC anchor and former […]

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, […]

Google now part of new company named Alphabet, Sundar Pichai named Google CEO

Google is now part of a larger collection of companies that’s named Alphabet. The new CEO of Google is Sundar Pichai. The CEO of Alphabet is Google’s former CEO Larry Page, and Sergey Brin will serve as the president. Head spinning? Mine too. “We’ve long believed that over time companies tend to get comfortable doing […]

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 expected to announce Apple Pay rewards program at WWDC

Apple is expected to announce a new Apple Pay rewards program at the Worldwide Developers Conference in San Francisco next month, according to sources familiar with the company’s plans. The scheme hopes to encourage customers to use Apple Pay on a regular basis. The rewards program will offer “perks to consumers who make purchases with […]

Jony Ive promoted to Chief Design Officer at Apple

Apple has announced that Jony Ive, who has long been the company’s Senior Vice President of Design, has been promoted to the newly-created role of Chief Design Officer. The new position, which Ive will take up on June 1, will broaden Ive’s design duties at Apple and give him the opportunity to work on projects like […]

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 […]