Apple reveal share repurchase scheme

Following a conference call this afternoon detailing the plans for their $100 billion cash reserves, Apple have announced that they will be investing ten billion dollars in a share repurchasing scheme. Bascially, Apple will be spending the next three years…

Apple to reveal plans for $100 billion bank reserves

Apple will host an open conference call this afternoon to announce what they have planned for their massive $100 billion cash reserves sitting in the bank, following pressure from a number of investors. "Tim Cook, Apple's CEO, and Peter…

Groupon shares jump up 50% on Nasdaq debut

It's been a great day for Groupon; the daily coupon deal site has seen its shares jump up almost 50% on the company's trading debut in New York. Originally listed on the Nasdaq at $20 a share, the share…

Apple shares tumble after Jobs resignation announcement

Apple's share price has taken a fair hit following the news that long-time CEO Steve Jobs is stepping down from his position, presumably over healh reasons. Apple made the announcement following the close of the NASDAQ stock exchange on Wednesday…

Twitter now valued at $8 billion

Twitter's fortunes continue to grow, after the latest round of valuations for the microblogging service see it now worth $8 billion (circa £4.9 billion). This follows news that Russian investment firm DST paid $400 million for a 5% stake in…

Skype in 2011 = $8.5 billion, Apple in 2004 = $7.5 billion

Just a quick stat here pointed out by Daring Fireball's John Gruber, following Microsoft's $8.5 billion acquisition of VoIP company Skype. Roll back a mere seven years and Microsoft could have bought Apple for that much money, and still got…

Twitter in $10 billion sales talks with Google and Facebook

Google and Facebook are said to have entered talks with Twitter in order to assimilate the micro-blogging site into their web-conquering services. Twitter are apparently asking for a whopping $10 billion for the company however, despite a December valuation of…