Apple is reportedly losing its Project Titan auto mastermind

Apple VP Steve Zadesky was personally tapped by Tim Cook to lead Project Titan. But it looks like the so-called Apple Car will need to come to market under a new leader, as Zadesky is planning on leaving the company after 16 years. It doesn’t look like he has been headhunted, or fired, though. According […]

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Apple is reportedly losing its Project Titan auto mastermind

Glitch Caused Apple to Underestimate Apple News Traffic

Publishers who have been offering their content on Apple News have been receiving incorrect usage statistics from Apple due to an internal glitch that caused the company to miscalculate the number of people using the service, Eddy Cue told The Wall Street Journal in a statement this evening.

According to Cue, Apple has been underestimating the number of readers using the News app since it launched alongside iOS 9 in September. The problem went under the radar because Apple was busy working on improving other aspects of the service. Apple doesn’t know how exactly many people are using the News app, but the company is working to fix the problem.

„We’re in the process of fixing that now, but our numbers are lower than reality,“ [Cue] said. „We don’t know what the right number is,“ but he added that it was better to undercount than overcount traffic.

In October, during Apple’s fourth quarter earnings call, Apple CEO Tim Cook said Apple News had approximately 40 million users, but he did not specify whether that number represented people who use the Apple News app on a regular basis or if it was a number reflecting the number of people who accessed the app at one point or another. Cue echoed that number in his comments to The Wall Street Journal, but it is not clear if that is an accurate figure given Apple’s current inability to calculate exact usage.

Despite not knowing how many people are using Apple News at the current time, Cue says that Apple News usage has „scaled very fast,“ and that the company is happy with the Apple News product’s progress thus far. After launching in the United States in September, Apple News expanded to the U.K. and Australia in October with the launch of iOS 9.1.

As The Wall Street Journal points out, accurate readership numbers are important to publishers because the figures impact advertising. Publishers who share content on Apple News are able to keep 100 percent of proceeds from ads sold on their own, or 70 percent from ads sold through the Apple iAd service. According to Cue, iAd has been popular enough with publishers that Apple will be expanding the platform with a self-service ad-buying feature in the next two months.

Apple has partnered more than a hundred publications for Apple News, including The New York Times, CNN, ESPN, The Atlantic, The Daily Mail, Slate, and more. MacRumors is also on Apple News and can be subscribed to by clicking this link on an iOS device.

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Glitch Caused Apple to Underestimate Apple News Traffic

Apple Offers ‘Proxy Access’, Making it Easier for Shareholders to Nominate Board of Directors

In a recent securities filing, Apple announced that it plans to offer „proxy access“, which allows longtime shareholders or a group of shareholders to nominate a member for its board of directors, reports the Wall Street Journal.

In a securities filing, Apple said its board of directors had adopted amended bylaws Monday that allow a shareholder, or a group of up to 20 shareholders, holding 3% of its shares continuously for three years to include board nominees in the company’s annual proxy statement.

The new bylaws allow shareholders to nominate up to 20 percent of Apple’s board of directors. Since Apple has 8 directors, shareholders would be allowed to nominate one director. Proxy access is a recent push by activist investors that seek to make changes on company boards, giving shareholders greater influence on company strategy and the ability to oust directors. Other prominent companies to adopt proxy access include McDonald’s, Goldman Sachs and Coca-Cola.

In March at Apple’s most recent annual meeting, a shareholder proposal that asked the Cupertino company to adopt proxy access garnered 39 percent support.
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Apple Offers ‘Proxy Access’, Making it Easier for Shareholders to Nominate Board of Directors

Galaxy S7 to arrive in March with iPhone’s best feature

Samsung’s next-generation Galaxy S7 will get its grand unveiling in March, and its big selling point will be an iPhone-like pressure-sensitive display, according to a Wall Street Journal report citing sources familiar with the company’s plans. It’s thought the Galaxy S7 won’t be a massive departure from the Galaxy S6, and could well carry a very familiar design. […]

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Galaxy S7 to arrive in March with iPhone’s best feature

Galaxy S7 to Feature Pressure-Sensitive Display Similar to 3D Touch

Samsung’s flagship Galaxy S7 and Galaxy S7 Edge due early next year will feature a pressure-sensitive display that functions similarly to 3D Touch on iPhone 6s and iPhone 6s Plus, according to The Wall Street Journal.

The next-generation Android-based smartphones will reportedly also feature high-speed USB-C ports that provide up to a full day’s charge in under 30 minutes, and improved cameras that are optimized for low-light photography.

The report claims the Galaxy S7 will look similar to the Galaxy S6, but the rear-facing camera is said to be flush with the back of the device. The handset may also feature a retina scanner for new biometric features involving a user’s eyes.

The Wall Street Journal says the Galaxy S7 and Galaxy S7 Edge will launch in the U.S. in March, possibly around the time Apple introduces the so-called „iPhone 6c“ and next-generation Apple Watch. Samsung is expected to announce the new devices around the Mobile World Congress trade show in Barcelona in late February.

Samsung’s Galaxy S7 and Galaxy S7 Edge would compete with the rumored „iPhone 7,“ which could ditch the 3.5mm headphone jack in favor of an all-in-one Lightning connector alongside a faster A10 chip, new Intel LTE modem and possibly thinner design. Apple’s next flagship smartphones will likely be released next September.

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If you’d bought Apple stock instead of an Apple III, you’d be a millionaire

Want a spectacular stat for a Friday? Apple stock has increased 22,250 percent since its IPO almost 35 years ago. And the accompanying depressing thought: If you had taken the money a new Apple computer cost at the time and instead spent it on AAPL stock during its 1980 public offering, you’d be sitting on […]

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If you’d bought Apple stock instead of an Apple III, you’d be a millionaire

Apple and UnionPay Closing in on Apple Pay Agreement for China

Apple and China UnionPay have reportedly reached a deal to bring Apple’s NFC payment service, Apple Pay, to the country. The preliminary agreement between the two companies would see Apple introduce Apple Pay through UnionPay’s point-of-sales network, according to „people familiar with the matter“ who spoke with Bloomberg.

Details of the agreement are yet to be finalized, pending feedback from banks that issue cards, said the people, asking not to be identified as the matter is private. Shanghai-based UnionPay, the nation’s largest payment and clearing network, aims to introduce Apple Pay as soon as next year, one of the people said.

The sources point to Apple Pay assisting in fending off UnionPay’s closest rivals in the Chinese mobile payments market, including Alibaba Group and Tencent. Terms of the deal would bring Apple Pay to more than 5 million NFC-enabled point-of-sale machines in China.

Bloomberg‘s sources still state that the two companies have yet to sign agreements on the deal with participating banks within the country, suggesting local banks’ fear high fee charges tied with the service and a low adoption rate. Yesterday, The Wall Street Journal reported that Apple has already reached deals with China’s big four state-run banks and plans to launch Apple Pay in February 2016.

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Apple and UnionPay Closing in on Apple Pay Agreement for China

Mysterious ‘snake’ Apple Watch error? Here’s what it means

Seven months after its launch, we appear to be seeing a previously unheard-of Apple Watch error, but we think we’ve figured out what it means. Wall Street Journal tech editor Joanna Stern brought the issue to attention on her Twitter account; the screen kind of looks like her Apple Watch had suddenly decided to play […]

(via Cult of Mac – Tech and culture through an Apple lens)


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Mysterious ‘snake’ Apple Watch error? Here’s what it means