Milestone: Apple Is First Company to Top $800 Billion Value

Apple became the first U.S. company to cross the $800 billion barrier in market capitalization when it reached $802.72 billion yesterday (on Monday it reached $801.37 billion but dropped below $800 billion by the close). The company reached $600 billion in 2012 and $700 billion in 2015. “Google parent Alphabet Inc. is currently in second place at $658.60 billion, according to FactSet,” reports MarketWatch. “Microsoft Corp. is third, nearly $270 billion behind Apple at $533.02 billion.” Amazon.com is presently holding at $455.42 billion. Investors are optimistic about Apple’s plans to launch three new iPhones later this year to celebrate the product’s 10-year anniversary. Continue reading Milestone: Apple Is First Company to Top $800 Billion Value

Security Experts Warn of Potentially Dangerous Shellshock Bug

In 1987, programmer Brian J. Fox wrote one of the Internet’s most widely used tools. The software is named “Bash” (short for Bourne-Again Shell) and now appears in more than 70 percent of devices connected to the Internet, including computers, routers, servers and some mobile phones. Yesterday, security experts warned that Bash contains a software bug called “Shellshock” that could potentially be used to take over hundreds of millions of machines, including Mac computers and smartphones that run Android. Continue reading Security Experts Warn of Potentially Dangerous Shellshock Bug