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Feb 14, 2015

Apple studies self-driving car, auto industry source says

FRANKFURT/SAN FRANCISCO, Feb 14 (Reuters) – Technology giant
Apple is looking beyond mobile devices to learn how to
make a self-driving electric car, and is talking to experts at
carmakers and automotive suppliers, a senior auto industry
source familiar with the discussions said on Saturday.

The Cupertino, California-based maker of phones, computers
and, soon, watches is exploring how to make an entire vehicle,
not just designing automotive software or individual components,
the auto industry source said.

Feb 14, 2015

Apple is working on creating a car: WSJ

By Abhirup Roy and Alexei Oreskovic

(Reuters) – Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The project has designed a vehicle that looks like a minivan, the newspaper quoted one person as saying. It would take years to finish the project, and it is not certain if Apple will eventually build a car, the Journal said. (

Feb 13, 2015

Apple hiring auto experts for secret research project-FT

Feb 13 (Reuters) – Apple Inc is hiring automotive
technology and design experts to staff up a top-secret research
lab, with the possible intention of building a car, the
Financial Times reported on Friday, citing several people
familiar with the iPhone maker.

It’s unclear whether the world’s largest smartphone maker is
simply looking for talent to shore up CarPlay, the in-car
entertainment and software service it unveiled last year that
CEO Tim Cook has identified as pivotal to the company’s
longer-term future.

Feb 6, 2015

Twitter tops Wall Street revenue target, user growth slows

SAN FRANCISCO (Reuters) – Twitter Inc (TWTR.N: Quote, Profile, Research, Stock Buzz) said on Thursday the social media company is signing up users as quickly as most of last year after a fourth-quarter slowdown, boosting its shares 11 percent.

Twitter beat Wall Street’s profit and revenue targets in the fourth quarter. User growth weakened in the quarter, but picked up in the new year, Chief Executive Dick Costolo said in a statement.

Feb 6, 2015

Twitter CEO wins breathing room from Wall Street critics

SAN FRANCISCO (Reuters) – Twitter Inc’s (TWTR.N: Quote, Profile, Research, Stock Buzz) forecast of re-accelerating user growth helped lift its stock on Thursday, but the goodwill will only temporarily take the heat off embattled Chief Executive Dick Costolo, analysts said.

The Internet company said on Thursday that recently launched products and partnerships have set the stage for it to expand its audience.

Feb 5, 2015

For Google, new FCC rules may bring unfamiliar government oversight

SAN FRANCISCO/WASHINGTON (Reuters) – One of Google Inc’s (GOOGL.O: Quote, Profile, Research) major business operations could fall under the day-to-day jurisdiction of the U.S. Federal Communications Commission for the first time, potentially subjecting the fast-moving Internet company to regulations it has often criticized.

Aiming to set “net neutrality” rules that guide how Internet service providers manage traffic on their networks, the FCC will vote Feb. 26 on whether to impose tighter regulations by classifying them more like traditional telephone companies.

Feb 3, 2015

Facebook, Twitter lock horns in post-Super Bowl battle of the statistics

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O: Quote, Profile, Research) and Twitter Inc (TWTR.N: Quote, Profile, Research) released a barrage of data, special “heat” maps and slick animations on Monday to claim the title of most-popular social network for spectators watching the Super Bowl, but a winner was difficult to pick.

Facebook, the world’s largest social network, boasted that 65 million people chimed in on its service about the match that saw the New England Patriots edge the Seattle Seahawks 28-24, up 30 percent from the year earlier. Facebook even rolled out a new metric: The “people per minute” who joined in during the game’s most intense moments.

Jan 30, 2015

Google fourth-quarter revenue misses Wall Street target

SAN FRANCISCO (Reuters) – Google Inc’s (GOOGL.O: Quote, Profile, Research, Stock Buzz) (GOOG.O: Quote, Profile, Research, Stock Buzz) revenue grew 15 percent in the fourth quarter but fell short of Wall Street’s target on declining online ad prices and unfavorable foreign exchange rates.

Shares of Google edged up 0.1 percent to $510.66 in extended trading after an initial dip on the news.

Jan 30, 2015

Despite Glass failings, Google defends ‘license’ to spend

SAN FRANCISCO (Reuters) – Google Inc plans to keep making ambitious and costly bets on futuristic products, even if it means shelving some of its most beloved projects.

The Internet search company acknowledged for the first time on Thursday major problems with its Google Glass wearable computer, noting that it was time for a “pause” and a strategy “reset.”

Jan 29, 2015

Google 4th-qtr revenue misses Wall Street target

SAN FRANCISCO, Jan 29 (Reuters) – Google Inc’s
revenue grew 15 percent in the fourth quarter but fell
short of Wall Street’s target on declining online ad prices and
unfavorable foreign exchange rates.

Shares of Google edged up 0.1 percent to $510.66 in extended
trading after an initial dip on the news.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including, CNET and The Industry Standard magazine."
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