Apple joins the $700bn club… on its own November 25, 2014 TECH giant Apple, the world’s most valuable business, is the first company to be valued at $700bn (£446bn) after its share price rose one per cent in New York. The iPhone maker’s worth is now higher than the GDP of all but the top 19 countries in the world.
Apple to take on Spotify by integrating Beats streaming service into every iPhone and iPad November 19, 2014 Apple will start integrating the Beats music subscription service into every iOS device early next year, as the battle for music streaming supremacy intensifies. The paid-for Beats service will be introduced to iPads and iPhones in an iOS update that could take place as early as next March, according to the Financial Times. [...]
Apple Watch apps: Instagram, ESPN and American Airlines sign up to developer tool November 18, 2014 Apple wants developers to start building apps for its forthcoming Apple Watch – and it is providing them with the tools to do it. WatchKit is a piece of software that gives developers the tools to create apps before the smartwatch becomes available. The standard Apple Watch is set to start at retail a [...]
Apple is now worth more than the entire Russian stock market November 14, 2014 An interesting viewpoint from Bloomberg this afternoon, whose chart of the day shows how Apple is now bigger than the whole of the Russian stock market. (Source: Bloomberg) Thanks to various factors, including sliding oil prices and sanctions from Western economies against Russian companies, the value of Russian shares has fallen $234bn (£150bn) this year, reckons Bloomberg. [...]
Apple design chief Sir Jony Ive had fun with Lily Allen and Daisy Lowe at Sushi Samba anniversary party November 11, 2014 Apple’s notoriously quiet design chief Sir Jony Ive may have only been back in the UK for a few days, but he took time to rub shoulders with the likes of Lily Allen and Daisy Lowe at Sushi Samba’s second anniversary party last night. Ive and PR guru Matthew Freud propped up the bar [...]
Apple’s missing iMessage headache continues as tech giant forced to face class action lawsuit November 11, 2014 Apple has been forced to face a US federal lawsuit which claims the tech company failed to inform its customers that their messages could be blocked if they switched to Android phones. A class action lawsuit was brought against the tech giant in May by Californian Adrienne Moore, who alleged that Apple had interfered [...]
iPhone, iPad and Mac users hit by malware as Apple blocks WireLurker virus in China November 6, 2014 Apple has blocked malicious software which targets users of Apple smartphones, tablets and computers, particularly in China. The malware, spotted by US research company Palo Alto Networks, is known as WireLucker and can infect any devices running Apple’s operating systems, including iPhones, iPads and Macs. WireLurker infects devices through app downloads and can steal information. More [...]
Apple issues first euro bonds amid rock-bottom borrowing rates November 5, 2014 Tech giant Apple has sold €2.8bn (£2.2bn) marking the company's first nondollar debt offer. The sale was divided between into two equal parts with one-half of the debt maturing in eight years, with a yield of one per cent and the other in 12 years, with a yield of 1.5 per cent. Goldman Sachs and [...]
Apple could be about to issue its first bonds in euros November 3, 2014 Apple's share price rose this morning on reports that it is planning to issue more bonds, with a deal – potentially its first in euros – thought to be on the cards as early as tomorrow. Investors are expecting a call from advisers Deutsche Bank and Goldman Sachs today, the Wall Street Journal reports, [...]
Apple CEO Tim Cook speaks out: I consider being gay among the greatest gifts God has given me October 30, 2014 Apple chief executive Tim Cook made history yesterday when the 16-year veteran of the world’s most valuable publicly-listed company announced he was proud to be gay. In a letter to Bloomberg Businessweek, Cook wrote: “If hearing that the chief executive of Apple is gay can help someone struggling to come to terms with who he [...]