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Shares of Sony Corp. rose nearly 3 percent at one stage on Tuesday as traders cited media reports speculating that the Japanese electronics maker could be a potential acquisition target of Apple Inc.
Helping to spark the speculation was a Saturday report in Barron’s that said cash-rich Apple could be contemplating a big acquisition and noted speculation about Adobe, Sony and Disney as potential targets. Get the full story »
Apple Inc. is easing restrictions for building iPhone and iPad applications, a move that should allow for the use of third-party tools such as Adobe Systems’ Flash software and could ease the tension between the two companies.
Shares of Adobe surged over 12 percent at mid-afternoon on Nasdaq Thursday, after Apple announced the changes.
Apple’s about-face follows a high-profile spat with Adobe last spring that saw Steve Jobs sharply criticize Flash technology. Get the full story »
Dell Inc. put its first U.S. smartphone on sale on Tuesday, making the computer maker the latest technology manufacturer to enter the competitive mobile handset market.
The Round Rock, Texas-based company said its 3.5-inch touchscreen phone, dubbed the Aero, runs on Google Inc.’s Android operating system and is available for $99.99 with a new two-year contract from AT&T Inc. and $299.99 without. It can be ordered on Dell’s Web site. Get the full story »
