Tags: Apple

Foxconn woos Sharp with a more-than $5 billion offer; Innovation Network Corp no more the only potential buyer in the running

Foxconn has put forth a highly tempting offer of over $5 billion in front of the almost-bankrupt Sharp Corp, which well exceeds its current valuation at $1.8 billion. The other potential buyer, Innovation Network Corp. of Japan, who was already very confident, is not so sure of a win right now. Foxconn's bid amount not only surpasses Innovation's $2.5 billion, the Taiwanese firm has also offered to absorb all of Sharp's debts and not make any top management replacements. While the board does not want their Japanese seller to fall under any kind of foreign control, the decision needs to be based purely on deal economics and not political considerations.


Apple’s first iOS development center in Europe to open in Naples, Italy

Apple is all set to build its first iOS development center in Europe. With Italy's Naples as the chosen location, the world's largest app seller plans to provide opportunities to the students of the country to join the world's most enviable app ecosystem. Apple will help the teachers draw up a special curriculum to facilitate this process. Europe is already reaping the benefits as its developers have earned a total of $11.1 billion from sale of Apple apps. Now, with its move into Italy, the country is already looking at 75,000 job opportunities.

Apple releases iOS 9.2.1 that fixes a bug after three years it was discovered

Apple just released iOS 9.2.1 that fixes an iOS bug allowing malicious agents to impersonate end users' identities by granting the read and write access to website cookies.

Child Labor: Major device makers including Apple, Samsung, and Microsoft were reportedly involved

The child labor reported is taking place in the Democratic Republic of the Congo in cobalt mines. The estimation says that about 40,000 children are working for the mines. Companies listed in the report gave various responses following the accusations.


Latest News

Gartner, a technology research firm has represented Apple through a study report as the lone PC vendor to post positive sales growth during 2015. The tech giant currently enjoys a market chunk of 7.5%. Apple’s performance appears to be shining since the worldwide PC market is passing through a negative sales trend for the fourth straight year.
Apple has revealed a glitch in its News app causing the company with lesser number of visitors count compared to the reality. However, Apple is reportedly to be working on the problem and it will be solved soon.
Apple has agreed to build a tool that will help users to transfer data from iOS to Android due to lots of pressure from mobile carriers. Although the company has not specified the date of release, the news means that Apple is ready to open up its ecosystem and will be in fair competition with other manufacturers.
Samsung is bringing the Apple patent battle to U.S Supreme Court. The South Korean tech giant hopes the court will give some guidance on the scope of design patents and the damages allowed.
Apple is aiming to boost sales of its iPhone 6s through full-screen pop-up advertisements on its App Store.
Apple is rumored to be developing a new scalable 3D Touch feature. According to recent reports, this pressure-sensing display technology will be integrated to bigger display, like iPads.
Samsung appeals to the Supreme Court after the lower court's infringement decision against Apple's patent. As of the moment, Supreme Court does not have any decision regarding the appeal.
Apple develops own Oled screen technology for thinner, lighter, and brighter iPhones and iPads. The company has built its own laboratory in Taiwan for such technology.
The new Apple Watch 2 & the 4-inch iPhone 6c are suggested to be unveiled in Apple’s 2016 March launch event. The Apple watch 2 is being rumored to feature an OLED display while the 4-inch iPhone 6c could be powered by an A8 processor.
Apple's patent application reveals waterproof capability for its future smartphones. The material is called self-healing elastomer that enables protection against dusts, gas, water, debris, and other damaging materials.
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