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Apple shuffles hardware execs to make room for a mysterious new project – Yahoo Finance Australia

Apple hardware engineering SVP Dan Riccio will move over to a new project, while still reporting directly to CEO Tim Cook.

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(Bloomberg) — Tencent Holdings Ltd. fell Tuesday, after a world-beating surge in the stock pushed its market value to the cusp of $1 trillion for the first time.The Chinese Internet behemoth lost as much as 5.1% in Hong Kong, its biggest decline in a month, putting its market capitalization at $900 billion. Its shares surged 11% Monday, Tencents best gain since 2011. There were few obvious catalysts for a rally of that size, although traders cited an ambitious listing plan from video startup Kuaishou…

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