Microsoft’s €5.4bn acquisition of Nokia’s devices business was both long predicted and a bolt from the blue, coming so soon after its chief executive Steve Ballmer announced his retirement. Here Mr Ballmer explains the logic of the deal to investors.
Trading may have been halted on Nasdaq-listed stocks but the tweets were still flowing on Twitter.
Step forward Carl Icahn, the activist investor, who picked this moment to update his 67,000 followers on his campaign to persuade Apple to hike its share buyback. Read more
Steve Jobs is not short of devotees in Silicon Valley. Almost two years after his death, his influence is arguably felt even more now than it was in his prolific final decade, as entrepreneurs and technologists here attempt to emulate his savviness.
So the audience in a San Francisco cinema was well primed at a preview screening of Jobs, a biopic that opens in the US this week. Read more
Count Larry Ellison among the Apple bears. The Oracle chief executive, who has described himself as one of Steve Jobs’ closest friends, told CBS News that the iPhone and iPad maker’s prospects are dim without its “brilliant” co-founder. Read more
It is three months since Apple announced a whopping $100bn return of cash to investors, topping up its existing $45bn dividend plans with what it billed as the biggest share buyback scheme in American corporate history.
In the weeks that followed that announcement, Apple’s shares soared, finally emerging from the months-long funk that saw them dip below $400. But that rally went into reverse as soon as Apple paid its next dividend on May 9. Read more
Dropbox chief executive Drew Houston didn’t mention iCloud once during his presentation at the cloud storage company’s first ever developer conference on Tuesday. But as Dropbox rolls out its new platform tools – allowing apps to synchronise not just files and folders but progress in games, realtime sketches or any other kind of data from one device to another – it’s clear that Apple was the unnamed competitor that Mr Houston has to take on. Read more