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Preview Publish for date 2014-11-25

Date:
Technology News:
Company News:
Apple is Now Worth $700 Billion, Give or Take a Couple Billion
Tim Cook is laughing all the way to the bank. Apple is now worth more than $700 billion after its stock ticked up in early trading on Tuesday. The company's value topped the mark thanks to a torrid 2014 run for its stock, which is up more than 49% in 2014, including a 7-for-1 split in June. Apple shares were 0.9% higher in mid-morning trading on Tuesday, which technically put its market capitalization — the value of all its outstanding shares — just north of $701 billion.



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Dow Movers: JPM, UTX
In early trading on Tuesday, shares of United Technologies (UTX) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.0%. Year to date, United Technologies has lost about 3.4% of its value.

Falcone Steps Down as CEO From Harbinger
Philip Falcone, once one of the world's most closely watched investors, is stepping down as chairman and chief executive of Harbinger Group Incorporated next month, in order to focus on his hedge fund and another publicly traded company. Falcone will be paid $40.3 million for the work he has done at Harbinger Group. He will now devote his time to the hedge fund, which still exists even after having been hit by heavy losses in recent years due to a failed wireless startup, LightSquared Incorporated, and to HC2 Holdings Incorporated.



Hands on with Mozilla`s Firefox OS for phones
Mozilla wants to democratize the smartphone market with Firefox OS, which is designed to run on low-cost smartphones and will come to the developRead More
 
NBCNews `Best of CES`
Visit NBCNews.com for breaking news , world news , and news about the economy Read More
 
Why Your Next Laptop Won`t Be Just a Laptop
A look at the newest hybrid laptop /tablets from the annual Consumer Electronics Show in Las Vegas.   Read More
 
TVs, Touchscreens & Forks at CES
Visit NBCNews.com for breaking news , world news , and news about the economy Read More
 
Robonaut Operates Task Board in Space
Photo Credit: NASA In the International Space Station's Destiny laboratory, Robonaut 2 is pictured on Jan. 2, duRead More
 


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