Business

Apple hires former Chrysler executive

Apple has hired a former Chrysler executive, further fueling analyst rumors that Apple may be looking to get into the electric vehicle market. The exact role Apple has hired Doug Betts into is unclear. Betts’ own LinkedIn

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Former Google executive to become next CEO of Evernote

Former Google executive Chris O’Neil is taking the reins at note-taking app company Evernote. O’Neil will take over as CEO of Redwood City-based Evernote, replacing co-founder and longtime CEO Phil Libin, who will become executive chairman. Libin

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Google smashes market expectations with quarterly earnings

Google shares soared after the company reported quarterly profit that easily topped expectations, helped by growth in advertising revenue. The Internet and technology giant posted adjusted second-quarter earnings of $3.93 billion or $6.99 per share. Revenue rose

eBay posts mixed second quarter earnings report

eBay has both topped and missed market expectations for the second quarter with its latest earnings report. The San Jose-based e-commerce company reported quarterly net income of $83 million on $4.38 billion dollars of revenue. After adjustments,

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Analyst upgrade leads to spike in GoPro shares

GoPro shares spiked on an analyst upgrade of the stock. Barclays also raised its target price of GoPro shares to $65, up from $50. Analyst Joseph Wolf said in a statement that solid execution, new products, and brand

Facebook market value tops $250 billion

Facebook’s market value has topped $250 billion. It took the social media company just over three years to reach the $250 billion mark after its initial public offering. The previous record to breach that market cap so

 

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