Mobile

TrackingPoint Sees Growing Demand for Precision-Guided Rifles

TrackingPoint, the creator of the precision-guided firearm, is aiming to put its rifles in the hands of more hunters and target shooters. While the company continues to make their pitch to military and law enforcement, the technology has opened up a new market in consumer firearms.

Facebook Adds Users, Tops 4Q Views

Facebook topped Wall Street expectations for the fourth quarter, as the social media company lifted mobile ad revenue and added more users.

Apple Has Worst Day In 18 Months

Apple saw its shares fall 4.2%to $125  on Wednesday, the worst drop the company has seen since January 2014. Apple missed analyst expectations with its third quarter iPhone sales, gave a weak revenue forecast, and remained cagey about Apple Watch sales.

Jack Dorsey's Square Filed for IPO

Square, the mobile payments startup created by Twitter interim CEO Jack Dorsey, has filed confidentially for an initial public offering, FOXBusiness.com has learned. The company is looking to go public this fall, pending market conditions.

iPhone Profits Shatter Smartphone Competition

In a testament to Apple’s brand strength, a report by Canaccord Genuity estimates that the company took home 92% of the operating profits in the global smartphone market during the first quarter.

Is Microsoft Giving Up on Smartphones?

As Apple continues to grow its market share of the smartphone industry, others including Blackberry and Samsung are declining. And on Wednesday, Microsoft   announced that it is cutting 7,800 positions, mostly from their phone business.

Apple’s Siri and Amazon’s Alexa Tackle 10 Questions

Siri, the virtual assistant introduced on iPhones is a voice-activated search engine. She’s also known for her snark. Alexa, the name given to Amazon’s new Echo device has been nicknamed “Siri in a box” for their similarities.

New Cyber Hacks for Mobile Apps Discovered

IBM security researchers said they discovered a way to exploit an Android flaw that puts more than 55% of Android phones at risk of being taken over and remotely controlled by cyber hackers. The IBM discovery comes after FireEye warned hackers have launched a new way to break into Apple and Google mobile devices.  

Will Stock Market Swings Impact Startup Valuations?

Stocks traded mostly lower on Friday after two days of record gains, capping off one of the most volatile weeks in stock market history. Late-stage startups, like Uber and Snapchat, which are valued based on their predicted values as public companies, could also be impacted by this turmoil.

Sculley: Apple Will ‘Reinvent Television’

Former Apple CEO John Sculley predicted that Apple will “reinvent television,” in an interview with FOXBusiness.com. He also voiced optimism about Apple Pay and explained why he does not wear an Apple Watch. 

Sculley's Obi Unveils New Smartphones

Obi Worldphone announced two smartphones on Wednesday, targeting fast growing markets in Asia, Africa and the Middle East.  Former Apple CEO John Sculley co-founded Obi Worldphone and told FOXBusiness.com that he sees opportunity in the competitive smartphone landscape

Apple Turns Red for the Year

Apple saw its shares turn red for the year on Friday, dropping 4% in intraday trading to around $108.

Samsung Unveils Two New Smartphones

Samsung Electronics unveiled two new smartphones in New York on Thursday: the Galaxy S6 Edge+ and the Galaxy Note5. These Android devices will retail in the U.S. on August 21.

Americans More Mobile Device-Obsessed Than Ever

Americans are more engaged with their mobile devices than ever – collectively looking at them 8 billion times a day – according to Deloitte’s Global Mobile Consumer Survey.   

Time to Join the Bull Camp?

The past month has been as choppy as I’ve seen in a while, and I’ve been neutral on the market. But Friday’s action was encouraging and moves me slightly towards the bull camp.