Apple on Monday touted new software features for its iOS devices that will turn iPhones into home automation controllers and personal health trackers. At its annual Worldwide Developers Conference in San Francisco, Apple (AAPL) unveiled the iOS 8 operating system. Executives also debuted the latest Mac personal computer operating system, OS X Yosemite. Both iOS 8 and OS X Yosemite will be available in the fall. Apple made no
Avago Technologies reported another quarter of faster earnings growth and guided higher amid strong sales of its radio frequency chips for smartphones, pushing its shares toward new highs late Thursday. Avago (AVGO) revenue rose 25% to $701 million, up 25% from a year earlier and beating the analyst estimate of $678 million for the fiscal second quarter ended May 4. Earnings per share minus items leapt 39% to 85 cents, above the
At this year’s American Society for Clinical Oncology (ASCO) meeting, a medical conference that starts Friday in Chicago, some of the world’s biggest drugmakers will show off the latest data from a new class of cancer drugs that could bring new hope to patients — and enrich investors. These drugs are part of a field called immuno-oncology (I-O), which uses technologies that manipulate the patient’s immune system to help it fight cancer.