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Showing posts with the label Wall Street

Apple sets stage for iPhone 7, many already waiting for 8

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Apple sets stage for iPhone 7, many already waiting for 8 The   iPhone 7   is expected to make its global debut on Wednesday, but many consumers and investors are already setting their sights on Apple Inc's 2017 version of the popular gadget, hoping for more significant advances. At its annual product launch in San Francisco on Wednesday, the world's most valuable publicly traded company is expected by blogs and analysts to reveal an   iPhone 7 launch   without a headphone jack, paving the way for wireless headphones, a touch-sensitive home button that vibrates, double-lens cameras for the larger 'Plus' edition and other incremental improvements. Apple typically gives its main product, which accounts for more than half of its revenue, a big makeover every other year and the last major redesign was the iPhone 6, in 2014. The modest updates suggest that this cycle will be three years. "It looks like part of the reason they are keeping the design the same ...

Yahoo hires investment bank to sell 3,000 patents: Report

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Yahoo hires investment bank to sell 3,000 patents: Report Yahoo   has hired boutique investment bank Black Stone IP to sell about 3,000 of the internet company's patents, the   Wall Street   Journal reported, citing people familiar with the matter. The company has sent letters to a number of potential buyers for the patents, which date back to when the company was founded in 1996 and also include its original search technology, the report said. The deadline for bids for the   patent sale   has been set for mid-June by Yahoo, according to the Wall Street Journal. In March, Yahoo said it would explore the sale of $1 billion to $3 billion of patents, property and "non-core assets". Yahoo and Black Stone IP were not immediately available for comment.