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New Details on Apple's Negotiations With iHeartMedia Surface

Thursday November 29, 2018 8:25 pm PST by
Earlier this month, Financial Times reported that Apple had held talks with U.S. radio company iHeartMedia regarding the possibility of Apple taking a financial stake in the struggling radio company that filed for bankruptcy earlier this year. Despite its financial troubles, iHeartMedia remains the largest radio station owner in the country with over 850 AM and FM stations. Financial Times...

Apple Experimenting With Several Augmented Reality Glasses Prototypes

Friday August 4, 2017 1:07 pm PDT by
Apple is working on "several different kinds" of wearable augmented reality prototypes as it tries to figure out the "most compelling application" for an AR headset, reports Financial Times. Citing sources with knowledge of Apple's plans, Financial Times says at least one group within Apple is pushing for a pair of glasses that feature a 3D camera but no screens, making the iPhone the main...

Apple Considered Buying Ron Howard's Imagine Entertainment, but Talks 'Fizzled Out' [Updated]

Thursday February 16, 2017 7:25 am PST by
Another rumor of Apple's interest in acquiring a company involved in film and television has come to light today, with Financial Times reporting that the Cupertino company was in talks to acquire production company Imagine Entertainment, co-founded by Ron Howard and Brian Grazer. The deal is said to have gotten "serious enough" to include Apple CEO Tim Cook and senior vice president Eddy Cue, but ...

Apple in Talks to Acquire Luxury Carmaker and Formula One Team McLaren [Update: McLaren Denies]

Wednesday September 21, 2016 7:59 am PDT by
Apple has approached British luxury carmaker and Formula One team McLaren about a potential acquisition, likely to be valued at between $1.3 billion and $1.9 billion, according to Financial Times. Apple is reportedly considering a full takeover of McLaren, or a strategic investment in the company, likely in an effort to bolster its widely rumored automotive project. Apple is said to be...

Apple to Ramp Up Original Content, Considered Buying Time Warner Last Year

Thursday May 26, 2016 5:52 am PDT by
iTunes and services chief Eddy Cue proposed the idea of Apple bidding on media conglomerate Time Warner at the end of last year, according to the FT. The discussions reportedly never progressed beyond the preliminary stage, however, and did not involve Apple CEO Tim Cook or Time Warner CEO Jeff Bewkes. The meetings had reportedly been arranged for the companies to discuss other...

Apple Has Secret Team Working on Virtual Reality Headset

Friday January 29, 2016 9:07 am PST by
Apple has expanded its research efforts in virtual and augmented reality, building out a large team that is experimenting with headsets and other technologies, reports Financial Times in a detailed post on the company's virtual reality work that covers recent hires and acquisitions. Hundreds of employees are part of a "secret research unit" exploring AR and VR, with the team consisting of...

Apple Planning to Change 30/70 Pricing Formula for In-App Media Subscriptions

Friday June 5, 2015 11:23 am PDT by
Apple is planning to alter its pricing formula for subscriptions in a major change that will benefit subscription-based apps and services like Netflix, Spotify, Hulu, and more, reports Financial Times. Apple is said to be considering changing the 30 percent fee that it currently charges and is discussing new commercial terms with media companies. At the current point in time, all apps and...

Upcoming 'Apple Music' Streaming Service to Include Three-Month Free Trial

Friday June 5, 2015 10:58 am PDT by
Ahead of the introduction of Apple's new streaming music platform, Financial Times has shared some key details about the service, confirming it will be called simply "Apple Music." With the launch of the service, Apple will be largely abandoning its iTunes branding, using the name only for the online store. As has been previously shared, Apple will not be offering a freemium ad-supported...

Apple Recruiting Automotive Experts to Work in 'Top-Secret Research Lab'

Friday February 13, 2015 9:50 am PST by
Apple is recruiting automotive technology and vehicle design experts to work in a new "top-secret research lab," according to Financial Times. The report adds that a number of Apple designers working under design chief Jonathan Ive have also been regularly meeting with automotive executives and creators in recent months, and even trying to hire them in some cases. A team of Apple employees,...

Beats Music to Be Bundled Into iOS Early Next Year, Will Remain Paid Subscription Service

Wednesday November 19, 2014 9:06 am PST by
As part of Apple's revamp of its recently acquired Beats Music streaming service, the company plans to bundle Beats directly into iOS, reports Financial Times. Apple will bundle the subscription music service it acquired from Beats into its iOS operating system early next year, instantly making it available on hundreds of millions of iPhones and iPads – and ramping up pressure on Spotify, the...

Another Report Suggests NFC Support for iPhone 6, Chip to Be Provided by NXP

Friday August 29, 2014 12:48 am PDT by
Apple will feature near field communication (NFC) technology in the iPhone 6 with a chip provided by Dutch company NXP Semiconductors, according to a report from the Financial Times. The chip will allow the iPhone to be scanned by payment terminals and ticket systems, while also allowing for further integration with other methods. Throughout the past week, a number of rumors and reports from...

Facebook Developing New Snapchat Competitor, May Launch This Month

Sunday May 18, 2014 5:05 pm PDT by
Facebook is building a new app that will serve as a direct competitor to Snapchat, according to a report from the Financial Times. The project, which is codenamed "Slingshot", will enable users to send each other pictures or short video messages through a simplified, grid-based interface similar to the one seen in messaging app TapTalk. Like Snapchat, photos and videos can only be taken in real...

Swiss Watchmakers Rebuff Apple's Partnership and Hiring Advances

Friday March 28, 2014 8:24 am PDT by
Apple allegedly is trying to tap Swiss watchmakers for their technical and metallurgy expertise as the company works to brings its rumored iWatch to the market, reports the Financial Times. Though Apple is reaching out to several companies, most are not willing to work with the Cupertino company. Swatch chief executive officer Nick Hayek confirmed the watchmaker has talked to several...

Apple 'Aggressively' Hiring for Smart Watch Project, Looking Toward Late 2014 Launch

Sunday July 14, 2013 11:46 am PDT by
Financial Times reports that Apple is "aggressively" hiring new employees to help with its smart watch effort, suggesting that the company needs additional expertise to tackle the project's challenges. Sources also indicate that the "iWatch" may not appear until late next year, as has been previously rumored.The company has begun hiring “aggressively” for the project in recent weeks, say...

Google Reportedly Working on Its Own Android Smart Watch

Thursday March 21, 2013 8:19 pm PDT by
The Financial Times is reporting that Google's Android unit is working on a smart watch. With Samsung confirming that it is working on a smart watch and rumors about Apple's "iWatch" continuing to circulate, it appears that the three companies are set to battle in a new mobile device segment. The report unsurprisingly suggests that Google views the smart watch as a more mainstream wearable...

European Carriers Stockpiling Nano-SIMs Ahead of Expected Upcoming iPhone Launch

Monday July 16, 2012 2:09 pm PDT by
Following the selection of Apple's proposed design as the new nano-SIM standard last month, Financial Times reports that European carriers have begun stockpiling the new nano-SIMs in expectation that Apple's next-generation iPhone will be launching using the new standard in the coming months.Operators expect that the iPhone will feature the nano sim in a slimmed down design, according to two...

Apple's Cloud-Based Music Service to Offer Storage, Not Subscription Access

Friday February 25, 2011 7:36 am PST by
Financial Times reports that Apple has "clarified" with music labels its intent for a cloud-based music storage service, positioning the service as a way to back up existing collections and move music to Apple devices rather than as any sort of subscription streaming service. Apple, which rocked digital music services such as Pandora, Rdio and MOG last week by announcing plans to keep 30 per cent...