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Apple’s `Error 53′ Could Upend a Lucrative Business: Adam Minter
©2016 Bloomberg View O2KCNS6KLVR7 (Bloomberg View) — Imagine if Ford remotely disabled the engine on your new F-150 pickup because you chose to have the door locks fixed at a corner garage rather than a dealership. Sound absurd? Not if you’re Apple. Since 2014, the world’s most profitable smartphone company
Why Silicon Valley Won’t Enlist in Anti-Terror Fight
©2015 Bloomberg News NZ0JKJ6KLVR9 (Bloomberg) — President Barack Obama’s Oval Office speechon combating ISIS included a plea for “high-tech and law enforcement leaders to make it harder for terrorists to use technology to escape from justice.” Hours earlier, Hillary Clinton gave her own speech urging Silicon Valley’s “disrupters” to get to
Paris Attacks Renew U.S. Call to Access Encrypted Communications
©2015 Bloomberg News NXXH8U6KLVRB (Bloomberg) — The bloodshed in Paris led U.S. officials Monday to renew calls for limits on technology that prevents governments from spying on phone conversations, text messages and e-mails. Senator Dianne Feinstein, the California Democrat, said she’s asked Silicon Valley companies to help law enforcement and
Apple Pay to Expand to Starbucks Stores, KFC and Chili’s
©2015 Bloomberg News NVXDAX6JTSE9 (Bloomberg) — Soon, Starbucks lattes and KFC fried chicken will just be a tap away with Apple Pay. Apple Inc. is rolling out its mobile-payments service for select Starbucks Corp. stores by the end of the year, and will reach 7,500 company-owned stores in 2016, the
Amazon to Ban Sale of Apple, Google Video-Streaming Devices
©2015 Bloomberg News NVKAVKSYF01V (Updates with analyst comment in fifth paragraph.) (Bloomberg) — Amazon.com Inc. will stop selling media- streaming devices from Google Inc. and Apple Inc. that aren’t easily compatible with its video service, the latest example of the company using its clout to promote products that fit with
Apple’s Attention Puts Spotlight on Health-App Maker Mulling IPO
©2015 Bloomberg News NUFO186JIJUO (Bloomberg) — AirStrip Technologies Inc., the mobile health-app maker now featured twice by Apple Inc. during major product debuts, may be nearing an initial public offering as investor interest grows in mobile health-care software. “I would say that 2016 is the year we need to make
S&P 500 Rises to Record as Weaker Dollar Spurs Large-Cap Rally
©2015 Bloomberg News NOCYAK6KLVR7 (Bloomberg) — The Standard & Poor’s 500 Index closed at an all-time high, halting a three-session slide, as Microsoft Corp. and Apple Inc. led a rally in technology shares and the weaker dollar spurred gains in multi-national companies. Microsoft and Apple added at least 2.3 percent,
Apple, IBM Lead Tech Gain Before Earnings as U.S. Stocks Rebound
©2015 Bloomberg News NN4H226KLVRA (Bloomberg) — U.S. stocks surged, recovering nearly all of Friday’s selloff, as technology shares including Apple Inc. and Microsoft Corp. rallied before the industry’s largest companies provide a clearer picture of quarterly earnings. Computer and Internet shares in the Standard & Poor’s 500 Index surged 1.8
Bloomberg Business: Samsung’s New S6 Smartphones Fuel Optimism for Profit Rebound
©2015 Bloomberg News NMGNKE6JIJUX (Bloomberg) — Samsung Electronics Co.’s S6 smartphones debuting Friday are raising analyst expectations for the first profit gain in six quarters as the company battles Apple Inc. for leadership in the global mobile market. Operating income will jump to more than 8 trillion won ($7.4 billion) in
Bloomberg Business: Greece, U.S. Retail Sales, Apple Watch: Week Ahead March 9-14
Copyright 2015 Bloomberg. NKWZLG6TTDVY (Bloomberg) — Euro-area finance ministers gather in Brussels, with Greece’s bailout program expected to be on the agenda. The country needs to refinance or repay $7.2 billion in debt or interest this month, according to Bloomberg data. The European Central Bank begins its $1.2 trillion sovereign-bond purchase