Apple has a history of choosing cash over startups

 Apple has more cash than any other tech company on the planet. Yet, that hasn’t translated into spending on acquisitions. Over the past five years, Apple has spent the least on M&A out of all the “Big Five” most valuable U.S. tech companies. That’s despite the fact that it is estimated to have more than $260 billion in cash and cash equivalents. So, is it buying… Read More

Apple picks up a new space drama from the creator of ‘Battlestar Galactica’

 What the frak is this? According to a report from Deadline, Apple may have actually gotten its hand on a good show – a new space drama from “Battlestar Galactica” creator, Ronald D. Moore – to aid in its ambitions in building out its original video content. The still untitled series comes from Sony Pictures Television and Moore’s Tall Ship Productions, and has… Read More

Fitbit is having a bad day

 Fitbit is, again, not having a good day after spending the year in mostly middling status as it looks to prove there’s a market for fitness trackers and its own smartwatch. The culprit today: a Wall Street firm slapped a “sell” rating on the company’s stock, which often results in a rejection of its potential and sparks a sharp drop-off in the company’s share value. Read More

Apple Maps gets indoor mapping for more than 30 airports

 As of this morning, Apple Maps has expanded to include indoor layouts of 30 airports across the globe. The company has primarily hit American cities thus far, covering what looks to be most of the big cities across the contiguous U.S. There are some key international airports, as well, including Hong Kong, Amsterdam, Geneva, London, Berlin and a handful of Canadian locations. Read More

Chromecast is back on Amazon

 Amazon will once again allow sales of Apple TV and Google Chromecast on its site, after banning them two years ago in an effort to promote its own Fire TV hardware to online shoppers. The addition of Apple TV is not surprising – Amazon and Apple came to an agreement earlier this year that included the launch of the Amazon Prime Video app for Apple TV, and the return of the Apple TV to… Read More

Apple invests $390 million in TrueDepth component maker Finisar

 Apple announced a substantial investment in Finisar. Apple is giving Finisar $390 million to build a new 700,000-square-foot manufacturing plant in Sherman, Texas. Finisar is going to hire 500 people to work on the laser sensor in the TrueDepth camera in the iPhone X. Today’s investment is part of Apple’s commitment to invest $1 billion in U.S.-based companies with its Advanced… Read More