Hon Hai's Profit Rises On Strong iPhone Sales

Hon Hai Precision Industry, the main assembler of Apple's devices, reported a rise in quarterly earnings attributed to record iPhone sales.

BlackBerry Posts Profit At Software Efforts Pay Off

BlackBerry reported adjusted earnings for the sixth straight quarter, indicating that the company's shift to the software business was the right choice.

Verizon to Install the "AppFlash" Spyware on All Its Android Phones

Within days of Congress repealing online privacy protections, the No. 1 U.S. wireless carrier Verizon has announced new plans to install software on customers' devices to track what apps customers have downloaded.

SpaceX Successfully Launched Reusable Rocket

On Thursday, SpaceX became the first private company to reuse a rocket to deliver payloads into orbit, a key milestone to reducing launch costs and one day enabling people to live on other planets.

High Spending On Smartphone Business Lowered Huawei's Profits

Huawei Technologies's earnings grew at their slowest pace in five years, as the Chinese telecommunications gear invested into research and a marketing efforts to gain ground on Apple and Samsung in smartphones.

Oculus Founder Departs Facebook

Palmer Luckey, the founder of VR firm Oculus, has left Facebook, with the company giving no details about what Luckey planned to do next.