Reuters - Video

EDITION: U.S. | U.K. | IN

Technology

Techquity: Apple's fashionable move, Samsung and Yahoo deals

Wednesday, Jul 03, 2013 - 02:51

Jul 3 - Apple brings in head of luxury firm. Yahoo buys video app and Samsung purchases Boxee.

▲ Hide Transcript

View Transcript

Apple has designs on a special project. The tech company bringing back a former employee with a fashion sense is Paul Burnett who served as C east -- more on the French luxury group he held sales and marketing jobs and apple in Europe in the 1990s. The civil war that special projects and report to CEO Tim Cook. Couldn't be cast the developing and I watched maybe you'll oversee the retail operations shares up fractionally today now about 420 dollars. Marissa -- strategically beefs up Yahoo!'s presence in mobile and video with the latest purchase quickie. Mobile app that allows iPhone users to turn their photos music you into short movies detect while all things these Yahoo! is paying fifteen million dollars. -- quickly turns announcements and do what else. This quickie video party its new owner there has been quickly buying up many small -- rappers like -- since becoming CEO last year. Acquisitions there Harvard -- -- on Yahoo! more competitive against the likes of Google and FaceBook. Quick -- third purchase since may which also saw an unusually big acquisition. One service Tumblr for more than one billion dollars. Investors have been Harding mayor -- being seen you last July Yahoo!'s stock has shot up more than 60%. Goldman Sachs that's why Yahoo! calls ahead of the earnings July 16. -- countered bogeys at the stock's recent underperformance. Has set it up for a possible relief rally if Yahoo! post positive surprise. While today it rose 2%. Samsung also making an acquisition is spot Boxee Israeli start up. Published reports but the price tag of around thirty million that's roughly its current funding total so built low price. Boxing makes the device that lets you stream broadcast TV channels to any device gives unlimited recording space in the -- Story inspiring time our look at movers first soaring arm holdings. UBS analyst upgraded the maker of chips for apple products to buy from neutral saying he expects the company entered networking and micro controller businesses. To cash in on low end Smartphone adoption. Stock closed up 4%. Sputtering is in tropic communications. A maker chips that's for video and brought that multi media said it's cutting about 10% of its workforce. And expecting Q revenue to comment at the low end of its prior forecast shares closed down 4%. And that's tech but he is Wednesday remembering can follow us on Twitter RT -- -- I'm Fred Katayama this is one.

Techquity: Apple's fashionable move, Samsung and Yahoo deals

Wednesday, Jul 03, 2013 - 02:51

Top News »

Money »

S&P 500 to new record on improving economy S&P 500 to new record on improving economy

Fri, Aug 29, 2014 - (2:31)

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)