Google Inc.'s shares surged as much as 14.5% on Friday, adding about $50 billion to its market value, as strong growth in mobile ad revenue allayed concerns its YouTube business could be hurt by Facebook Inc.'s push into video.
In a January earnings call with investors, Apple Inc. Chief Executive Tim Cook made a confident prediction: "2015 will be the year of Apple Pay," he said. Since then, the company has aggressively courted retailers -- and claimed significant success.
After an almost decade-long fight in federal court, consumer lawyers will ask a jury in Oakland, California, today to find Apple violated antitrust laws by locking customers into iTunes and owes more than $1 billion in damages.
Apple Inc. said customers in China can now use the country’s most popular payment card for transactions on the App Store, as the iPhone maker seeks to woo users in the world’s largest smartphone market.