Global IT spending is now slated to rise just 0.6 percent this year, down from the investment firm's prior forecast of 1.2 percent.
The mobile company is reportedly trying to ink a deal with JPMorgan Chase, so the financial firm can help it make smart strategy decisions.
A new JPMorgan report throws cold water on a prediction made by one of its analysts about a future iPhone based on Apple's iPod Nano design.
A financial analyst out of Taiwan is predicting that Apple will have a cheaper iPhone based on the iPod Nano design released by the end of the year.
The cloud storage company wants to power the editing and collaboration behind all software, starting with integration within Microsoft Office applications.
That's the latest from JPMorgan analyst Doug Anmuth, who found that Twitter's user base skews younger than other social networks.
Encrypted PINs were taken in the recent hack but Target says the data should be "safe and secure" since the actual encryption key was not obtained.
After the social network and banks that financed its 2012 IPO tried to get a slew of shareholder lawsuits tossed, a judge rules that the unhappy investors' claims are legitimate.
The company's shares are down about 6 percent Friday after analysts cast a wary eye on its stock over signs of sluggish demand for Samsung's new flagship smartphone.