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Apple investigated by France for ‘planned obsolescence’

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Under French law it is a crime to intentionally shorten lifespan of a product with the aim of making customers replace it. In December, Apple admitted that older iPhone models were deliberately slowed down through software updates. But it insisted it was because the phones' battery performance diminished over time. The French investigation is being led by the economy ministry's consumer protection agency. It follows a legal complaint filed in December by pro-consumer group Stop Planned Obsolescence (Hop). Hop said France was the third countr... Read More »

Apple should address youth phone addiction, say two large investors

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Jana, a leading activist shareholder, and CalSTRS, one of the nation’s largest public pension plans, delivered a letter to Apple on Saturday asking the company to consider developing software that would allow parents to limit children’s phone use, the Wall Street Journal reported earlier on Sunday. Jana and CalSTRS also asked Apple to study the impact of excessive phone use on mental health, according to the publication. CalSTRS and Apple did not immediately respond to requests for comment. Jana and CalSTRS together control about $2 billion (£1... Read More »

Meltdown and Spectre: All Macs, iPhones and iPads affected

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It emerged this week that tech companies have been racing to fix the Meltdown and Spectre bugs, that could allow hackers to steal data. Apple said it had already released some patches but there was no evidence that the vulnerability had been exploited. But it advised downloading software only from trusted sources to avoid "malicious" apps. Mac users have often believed that their devices and operating systems are less vulnerable to security issues than, for example Android phones or computers running Microsoft systems. But the Meltdown and Spec... Read More »

Apple could easily buy Netflix Now, but here’s why it would be a surprising move

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With the newly passed tax cuts, Apple Inc. (AAPL) has an embarrassing amount of cash at its disposal. Among the uses for its windfall, Citigroup Inc. suggested in a recent note that the company could turbocharge its video strategy, which has struggled at times, by purchasing Netflix Inc. (NFLX) . Shares of Netflix gained about 4.8% to $201.07 on Tuesday, amid speculation about the company's fate and an upgrade from Macquarie Capital.  The gains put Neflix's market cap at just over $87 billion. Even if Apple paid a 20% takeover premium, the r... Read More »

Apple leads race to become world’s first $1tn company

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The race is on to become the world’s first trillion-dollar company, with all eyes fixed on tech giants such as Apple, Amazon, Facebook and Alphabet, the parent company of Google. Financial commentators and investors predict 2018 will herald the first firm with a stock market valuation of $1tn (£738bn) or more, if technology share prices continue to rise as strongly as in 2017. Apple is leading the way, with a market valuation of $869bn on Tuesday, a figure arrived at by multiplying the company’s share price by the number of shares in circ... Read More »

Tim Cook required to fly only by private jet

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In documents filed with the US markets regulator, Apple said the policy was "in the interests of security and efficiency". Apple reported that Mr Cook's personal travel expenses came to $93,109 (£69,253) in 2017. His personal security expenses came to $224,216, the tech giant added. In 2017, the chief executive's salary was just over $3m. He also received $9.3m in bonuses, plus $89m of shares that were promised to him if he met certain targets. Apple's market capitalisation rose to $868bn in November, making it the world's most valuable publ... Read More »

5 Big Apple Predictions for 2018

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1. Apple takes mid-range smartphone share Investors widely expect the iPhone X and its successor(s) to do brisk sales in 2018, and with good reason. What might not be as well-appreciated is how Apple is positioned to gain ground in a mid-range segment dominated by Android OEMs. In tandem with launching the iPhone X and 8/8-Plus, Apple decided to keep not only the iPhone 7 and 7-Plus around at $100 discounts to their original prices, but to also do the same for the iPhone 6S (now starts at $449) and 6S-Plus ($549), instead of discontinuing... Read More »

Apple admits it DOES slow down older iPhones – but says it’s to make them perform BETTER

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If you’ve noticed your older iPhone getting slower than it used to be, you’re probably not imagining it. Following reports earlier in the week, Apple has admitted that it does slow down old iPhones, but claims it’s actually to improve performance. Research into the speed of the iPhone 6s and iPhone 7 over time showed that some iOS updates were actually throttling the processor, making it slower. Apple has confirmed the findings from Geekbench developer John Poole, but has claimed it’s trying to prolong the life of devices, rather than ... Read More »

iMac Pro released: Apple finally lets people buy the most powerful products its ever made

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Apple has released its most powerful computer ever. The iMac Pro looks like the traditional computer that hasn't changed in years, except with a darker, space grey finish. But inside it has been completely revamped, with Apple redesigning the inside of the Mac so that it can shove more processing power and other guts inside. The computer has gone on sale today, and will begin at £4,999, though all sorts of expensive additions can be added to get it all the way to top speed. Users can pay for a processor with a full 18 cores, for instance,... Read More »

Apple watch and GymKit: how Apple finally made your wrist talk to your treadmill – and why that matters

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Apple Watch users are familiar with how strong its health and fitness features are, helping you to monitor how much brisk exercise you do, how your heart health is doing and helping you to take a minute for mindfulness. Apple announced GymKit earlier in the year, to allow an Apple Watch to exchange data with gym equipment like treadmills, bikes, stair steppers and elliptical trainers. The idea was that though the Apple Watch was good at evaluating much of your active exercise, extra data that a treadmill, say, could glean would add to the Wa... Read More »

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