The Berkshire Hathaway Portfolio

Trump makes a 'very valid point' about the Fed: Invesco's Memani

Invesco Vice Chairman of Investments Krishna Memani says President Trump's got a valid point and calls previous FED moves misplaced policy tightening as Wall Street prepares for the FED to cut interest rates.

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  What is Project JEDI? Amazon and Microsoft are competing for a $10 billion Pentagon cloud program

  Yahoo Finance
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  Apple reportedly in talks to acquire Intel's modem business for $1B+

  TechCrunch

Apple releases iOS 12.4, watchOS 5.3 with Walkie Talkie bug fix

The releases of iOS 13, watchOS 6 and macOS Catalina are likely just a coupleof months away, but that isn't stopping Apple from giving the current versionsa big sendoff

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  Apple releases iOS 12.4 with potential software support for Apple Card

  TechCrunch
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  Apple fixes Walkie Talkie app vulnerability in watchOS update

  TechCrunch

Despite turmoil, Facebook skyrockets in new Fortune Global 500 ranking

Facebook was among the biggest gainers on Fortune’s latest list of top-earning companies.

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  Huawei sets agressive goal of 270 million phone shipments despite US ban: Exclusive

  Yahoo Finance
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  You might have to be a die-hard fan to get ‘Star Trek: Picard’

  Engadget

Apple's Heir Apparent Is Much Like Current CEO Tim Cook

Jul.22 -- Jeff Williams co-created the Apple Watch and runs the company’s global operations. Now he's the heir apparent if CEO Tim Cook were to leave. Bloomberg's Mark Gurman reports on "Bloomberg Markets."

Here's the next disaster in retail. Hint: it's not J.C. Penney dying

Retailers enter the crucial back to school shopping season with one unfortunate problem.

The fitness gadgets and apps you should be using at school

In between cramming for never-ending tests, going out with your classmates andcampaigning for the student union, you still need to keep fit

As Expected, the Gold Apple Watch Was a Flop

Selling to mainstream consumers has been far more successful.

After Hours: Apple and Intel Reportedly Close to Deal for 5G Modem Unit, Starbucks Gains Stake in Restaurant Tech Company

Acquisitions are what evening traders are talking about tonight.

Apple Is in Talks With Intel for Cellular Modem Unit

(Bloomberg) -- Apple Inc. is negotiating to buy Intel Corp.’s struggling cellular modem unit, said a person familiar with the matter.A deal would give Apple key engineering talent and patents that would help it develop new devices to connect to the mobile internet. The Intel assets could be valued at about $1 billion in a transaction, said the person, who asked not to be identified because the matter was private.An agreement could be reached as soon as this week, though it’s possible talks could break down without a deal, the person said.Representatives for Apple and Intel declined to comment. The negotiations were reported earlier by the Wall Street Journal.Apple is building its own cellular modems for devices like the iPhone, iPad and Apple Watch in part to eventually reduce its reliance on buying parts from Qualcomm Inc. or others.Apple’s latest iPhone models currently use modems sourced exclusively from Intel, but the company settled its long-standing royalties lawsuit with Qualcomm in April amid plans to sell 5G iPhones in 2020. Qualcomm’s 5G modems are widely regarded to be superior to those from Intel. However, Apple’s licensing and royalties agreement with Qualcomm ends in six years and Apple appears intent on eventually replacing the Qualcomm parts with modems developed internally.A deal with Intel could be similar to Apple’s agreement to pay Dialog Semiconductor Plc $600 million to take over its power management business, the provider of another key component for Apple’s devices. Intel currently provides modems for Apple’s 4G LTE iPhones.To contact the reporters on this story: Liana Baker in New York at lbaker75@bloomberg.net;Mark Gurman in San Francisco at mgurman1@bloomberg.net;Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, Michael Hytha, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

Facebook (FB) Q2 2019 Earnings Preview: Revenue, User Growth & More

Let's check out what to expect from Facebook's (FB) Q2 earnings results and more, including user growth.

Amazon's Creating a Secret Pipeline of Private-Label Brands

Amazon's Accelerator program has a clause that allows it to buy out exclusive brands. That could catch the attention of regulators.

Why Rite Aid Is Down Today

Shares drop on a slow news day. What can explain the move?

Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know

Verizon Communications (VZ) closed at $55.50 in the latest trading session, marking a -1.93% move from the prior day.