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Technology News


Apple sells more iPhones than expected, shares jump after hours

Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall.

Recent Technology News

U.S. issues first government guide on responding to cyber attacks

WASHINGTON/NEW YORK The White House on Tuesday issued the U.S. government's first emergency response manual for a major cyber attack, though some officials acknowledged it lacked clear guidance on possible retaliation against hacker adversaries.

Cybersecurity 6:45pm EDT

LogMeIn to merge with Citrix's GoTo unit in all-stock deal

LogMeIn Inc and a unit of Citrix Systems Inc that makes software products such as GoToMeeting said on Tuesday they are merging in an all-stock deal to create a $1.8 billion company focused on technology applications for the workplace.

Deals 8:26pm EDT

LG Display guides for earnings recovery after second-quarter slump

SEOUL South Korea's LG Display Co Ltd on Wednesday guided for a second-half earnings recovery, signaling a pickup for the struggling panel industry as clients prepare to launch new gadgets such as smartphones.

9:08pm EDT

U.S. report says Tesla in fatal Autopilot crash was speeding

WASHINGTON A driver killed in the May 7 crash of a Tesla Motors Inc car while using Autopilot driving-assist software was exceeding the speed limit, U.S. highway safety investigators said on Tuesday in a preliminary report that did not state a probable cause.

Analog Devices to buy chipmaker peer Linear for $14.8 billion

Analog Devices Inc said on Tuesday it would buy fellow chipmaker Linear Technology Corp for about $14.8 billion, the latest deal in a wave of consolidation that has swept the semiconductor industry in the past two years.

Deals, 6:01pm EDT