Tag: Apple

Apple pledges $2.5 billion to help California resolve the housing shortage

Marivic Cabural Summers
Apple CEO Tim Cook discusses company's land in San Jose for affordable housing

Apple Inc (NASDAQ: AAPL) announced that it is committing $2.5 billion to help California resolve the housing shortage, which is impacting Californians in many ways. Californians are struggling to find affordable housing. As a result, some are forced to make the difficult decision to leave and move to another state where it is cheaper to rent or buy a home. Others end up living in their vehicles or worse in shelters. On Monday, Apple noted that “nearly 30,000 people left San Francisco between April and June this year and the…

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Tesla hires Apple software engineer Chris Lattner to lead its Autopilot team

Marivic Cabural Summers
tesla

Chris Lattner, the project lead of Swift programming language at Apple Inc (NASDAQ: AAPL) decided to leave the iPhone maker to join Tesla Motors (NASDAQ: TSLA). Lattner announced his departure from the company in a community forum on Tuesday. According to him, he will leave Apple later this month to pursue an opportunity in another space. He wrote that his decision wasn’t easy and “remained completely committed to Swift,” which is used by hundreds of millions of people.  Apple launched Swift in 2014 as its de-facto language for third-party app…

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Nokia accuses Apple of infringing its 32 technology patents

iRebyu Staff

Nokia Corporation (ADR) (NYSE: NOK) filed several lawsuits against Apple Inc (NASDAQ: AAPL) on allegations that the Cupertino-based iPhone maker infringed its 32 technology patents. The Finnish company its patent infringement complaints against Apple in the in the Regional Courts in Dusseldorf, Mannheim and Munich in Germany and the US District Court for the Eastern District of Texas on Wednesday. It is also in the process of filing further cases against Apple in other jurisdiction. Nokia is a provider of network infrastructure and related services globally. It is also focused…

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Carl Icahn Sells Entire Stake in Apple Due to Concerns in China

Marivic Cabural Summers
Icahn Sells Stake Apple

Carl Icahn is no longer a shareholder of Apple Inc. (NASDAQ:AAPL). The activist investor disclosed that he sold his remaining stake in the iPhone maker during an interview with CNBC’s Power Lunch on Thursday. “We no longer have a position in Apple. We obviously made a great deal of money,” said Icahn. He added Apple is great company and its CEO Tim Cook is “going a great job.” Icahn acquired a stake in Apple in August 2013 and pushed Cook to return more of the company’s increasing cash pile to…

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Apple New iPhone SE Smaller but Powerful as the iPhone 6S

Marivic Cabural Summers

Apple Inc. (NASDAQ:AAPL) unveiled the iPhone SE, its most powerful 4-inch iPhone ever, and it is intended to capture consumers in China and emerging markets. Greg Joswiak, vice president of iPhone, iPod, and iOS product marketing, explained that the 4-inch model is important based on the fact that Apple sold 30 million 4-inch iPhones in 2015. According to him, People are buying the 4-inch iPhone because people love smaller phones with most compact design and it is the first iPhone owned by most customers worldwide particularly in China. The cost…

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Apple’s Rhetoric over iPhone Encryption False and Corrosive: DOJ

iRebyu Staff
Apple iPhone

The rhetoric of Apple (NASDAQ:AAPL) over the iPhone encryption related to the San Bernardino case was “false,” according to the Department of Justice in a filing to U.S. District Court for the Central District of California. The Federal Bureau of Investigation (FBI) obtained a court last month that required Apple to “provide reasonable technical assistance” to unlock the iPhone owned by Syed Rizwan Farook, one of the terrorists who killed 14 people and injured 22 others in the San Bernardino mass shooting. Apple rejected the court order and argued that…

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Apple E-Book Price Fixing Appeal Rejected by Supreme Court

Marivic Cabural Summers
Apple E-Books Price-Fixing

The U.S. Supreme Court refused to hear the appeal of Apple (NASDAQ: AAPL) challenging the decision of the appellate court that the company colluded with publishers to fix the prices of e-books. In a two-to-one ruling on June 30, 2015, the U.S. Court of Appeals for the Second Circuit ruled that Apple violated that Sherman Antitrust Act by conspiring with five publishers to increase the price of e-books before its entry into the market. The Second Circuit’s two judges found that Apple’s entry into the e-books market by introducing the…

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Tech Giants to File Joint Amicus Brief in Support of Apple over iPhone Encryption

Marivic Cabural Summers
Tech Giants Apple Encryption

Facebook, Google, Microsoft, Amazon.com and several other companies in the internet and technology sector are united in supporting Apple in its legal battle against the U.S. government over the iPhone encryption. The tech giants will a joint amicus brief asking the court to rule favoring Apple in its case against the government on Thursday, according to Reuters based on information from people familiar with the matter. The iPhone rejected a court order requiring it help the Federal Bureau of Investigation (FBI), which demand the company to create new software to…

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Apple Wins Brooklyn Case over Unlocking an iPhone

Marivic Cabural Summers
Apple iPhone

Apple Inc. (NASDAQ: AAPL) won a legal case against the United States government after a federal judge in Brooklyn ruled that he does not have the authority to compel the tech giant to unlock a drug dealer’s iPhone. In his ruling, U.S. Magistrate Judge James Orenstein of the Eastern District of New York said the government’s demands on Apple are excessive and impractical, and the tech giant doesn’t have to help prosecutors bypass the security features of the iPhone. “It would be absurd to posit that the authority the government…

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