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Apple becomes first trillion dollar US company

Apple becomes first trillion dollar US company

Technology
During the day, the share price of the iPhone maker jumped by 2.8% to $ 207.05, passing the $ 1tn (£762bn) mark in New York trading.Its stock has soared 9% since Tuesday when Apple's third-quarter earnings exceeded Wall Street's expectations.The company, which was started in a garage in Palo Alto by Steve Jobs and Steve Wozniak in 1976, has transformed the way people communicate with its ubiquitous iPhone. When the iPhone was introduced in 2007 it kicked off a smartphone revolution, leaving the giants of the mobile phone industry Nokia and Blackberry struggling for survival.Alphabet, the parent of Google, scrambled to provide its Android software to power mobile phones, making sure Apple didn't steal a huge march on rivals.That helped Samsung to become the world's biggest mobile pho...
Financial fruit: Apple becomes 1st trillion-dollar company

Financial fruit: Apple becomes 1st trillion-dollar company

Technology
Apple is the world's first publicly traded company to be valued at $ 1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets. The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley garage 42 years ago. Apple's shares gained $ 5.89 to close at $ 207.39, leaving the company's market value a notch above $ 1 trillion — around $ 1,001,679,220,000, according to FactSet. Apple sits atop a U.S. stock market that has become dominated by technology-centered companies: Amazon, Google's parent Alphabet, Microsoft and Facebook round out the top five in market value. The achievement seemed unimaginable in 1997 when Apple teetered on the edge of bankruptcy, with ...
Joaquin Phoenix becomes the latest Joker in the pack

Joaquin Phoenix becomes the latest Joker in the pack

Entertainment
Gladiator star Joaquin Phoenix is to play Batman's nemesis The Joker in a stand-alone film exploring the origins of the cackling comic book villain.Co-written and directed by The Hangover director Todd Phillips, the currently untitled film is set to begin shooting in New York this September.According to the Hollywood Reporter, it will be both "a gritty character study" and "a broader cautionary tale".Phoenix's other roles include Johnny Cash in 2005 biopic Walk the Line.The 43-year-old was recently seen playing Jesus in Mary Magdalene and as a troubled vigilante in You Were Never Really Here.Martin Scorsese is making a Joker movieIntroduced in the very first Batman comic in April 1940, The Joker is synonymous with green hair, lur...
Canada becomes 2nd country to fully legalize marijuana

Canada becomes 2nd country to fully legalize marijuana

World
Canadian lawmakers approved landmark legislation on Tuesday to fully legalize marijuana. The move will make Canada the second country in the world to legalize cannabis for both medical and recreational purposes nationwide. Uruguay was the first to fully legalize the drug. Bill C-45, also known as the Cannabis Act, was first introduced on April 13, 2017, in a bid to legalize and regulate the recreational use of weed. The bill passed in the House of Commons that November and then passed in the Senate on Tuesday night by a vote of 52-29, with two abstentions. Medicinal use of the drug has been legal in Canada since 2001. The proposed legislation allows adults in Canada to legally possess and use up to 30 grams of dried cannabis in public, as well as cultivate up to four cannabis plants...
'A total disgrace': Anger as rail boss becomes CBE

'A total disgrace': Anger as rail boss becomes CBE

Business
Network Rail chief executive Mark Carne has been given a CBE, despite a terrible year for train users across much of the country. The honour, announced late on Friday, comes after the cancellation of 165 trains every day by Northern Rail until the end of July, including services in Manchester, Liverpool, Blackpool and the Lake District.Earlier in the year train users saw the biggest rise in fares since 2013 and a number of train operators, including Southern, South Western and CrossCountry, have been affected by strikes.During his four years at the helm, there has been criticism of the number of operators missing punctuality targets, poor management and delays to modernisation schedules.He is due to retire this summer.News of the honour bestowed on Mr Carne was met with ang...