GT Advanced, which earlier had a deal with Apple to supply sapphire for displays, will sell the furnaces in its factory to repay Apple.
The e-commerce company misses Wall Street expectations and reports a third-quarter loss of $437 million. More critically, it warns that its fourth-quarter revenue will also disappoint.
The increasing reach of Amazon has brick-and-mortar retailers changing their game plans. The latest is Target, who for the first time is offering free shipping.
Revenue growth dipped last quarter from a year ago partly because the Chinese government delayed approving the iPhone 6, but Apple inventory decisions played a role as well.
If Foxconn makes the investment, it would be the largest in the company's history, but so far, talks are only in their preliminary stages.
Physicists have built a tractor beam out of lasers that can both repel and attract objects across distances 100 times farther than previously possible.
Cells harvested from a patient's nose helped return function to a damaged spinal cord. Now he is able to walk with help from ropes and guide bars.
Speaking at her company's investor conference call this week, Marissa Mayer will discuss her strategy for overcoming Yahoo's challenges.
The company, which includes fashion legends such as Louis Vuitton and Fendi, is considering a partnership with a tech company to build a smartwatch of its own.
Some retailers have shied away from Apple's mobile payments service, and the equipment needed by supported industry players won't pop up overnight.