After discovering a huge security hole last year, Apple Inc. (NASDAQ:AAPL) added an extra layer of protection for Apple ID and iCloud users in the form of two-step verification. It’s making the important security feature available in more countries: Canada, France, Germany, Japan, Italy and Spain. With two-step verification, Apple sends a special code to a trusted device like your iPhone whenever someone attempts to make changes to your account or log in for the first time on a new device. Similar to what Google does with Gmail, the extra step prevents malicious changes happening without your knowledge. It’s a simple thing to set up, and something that can save you from a whirlwind of pain should your Apple ID ever fall into the wrong hands. Those in the mentioned countries can register now on Apple’s website. Apple Inc. (NASDAQ:AAPL) stock opened at $ 532.99 in last trading session, and closed at $531.15, trading in the range of $529.00 – $537.00. The stock showed a negative weekly performance of -0.89%.
Ford Motor Company (NYSE:F) got whacked with a patent infringement lawsuit filed by a Baltimore-based company that accused the No. 2 U.S. automaker of stealing its hybrid technology in developing the Ford Fusion, Lincoln MKZ and C-Max vehicles. The suit comes as demand for Ford’s hybrid and electric cars is gaining speed. The company sold nearly 86,000 such vehicles in 2013, more than double the number a year earlier. Ford Motor Company (NYSE:F) shares closed at $15.27 on last trade day, by gaining 0.13%. Stock 52 week range is $12.10 – $18.02. Company’s market capitalization is $60.23 billion.
General Motors Company (NYSE:GM) plans to boost China sales this year by as much as 10 percent and keep pace with the country’s overall auto market for the rest of the decade, the new chief of the company’s China operations said in an interview. General Motors Company (NYSE:GM) stock advanced 1.33% and finished the last session at $36.51. The EPS of the stock remained 2.38. Company’s market capitalization is $58.04 billion.
During an interview with Bloomberg prior to Tesla Motors Inc (NASDAQ:TSLA)’s earnings call yesterday, CEO Elon Musk discussed a few interesting tidbits. The most significant revelation is that the Model X SUV, which was first detailed in 2012 and originally set to begin production late last year, is now delayed until 2015. Musk cited several reasons for the delay, such as a need to focus on Model S distribution efforts, including expanding sales to China, along with his own personal dissatisfaction with current prototypes. Tesla also needs to boost battery production before it can roll out SUVs at a speedy enough pace to meet demand, which Musk expects will exceed Model S adoption. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $215.01 in last trading session and closed at $209.97. The 52 week range of the stock is $33.80 – $215.21 and the day range was $206.27 – $215.21.
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