Feb 14, 2017
Hot in Silicon Valley: Amazon Chime and Apple's all-time high
Amazon has quietly released Chime, a service for making voice and video calls aimed at business users. It directly competes with well-known players like Skype, Google Hangouts, GoToMeeting, Zoom, and Cisco's WebEx, among others. Chime will test Amazon's ability to sell customer-facing applications to business customers.
Apple's share price hits an all-time closing high: The tech giant's stock price hit $133.29 at closing on Monday, a new record for the company fueled by investor hope that the upcoming iPhone's tenth anniversary will renew momentum. Apple's can-do-no-wrong image began to crack in the past couple of years, with concerns that it hasn't released any truly innovative products and a revenue tumble last year.