Elitegroup Computer Systems will pay $234 million in shares and assumed debt to buy Alpha-Top, manufacturer of Apple\'s iBook, according to Bloomberg News. Elitegroup, which previously owned 20 percent of Alpha-Top, sees the acquisition as its way into the consumer notebook computer market, and an analyst with Barits Securities rates Alpha-Top\'s business relationship with Apple as invaluable.
Evening tech news: Palm is expected to introduce the Palm m125 next week, a new $250 low-end handheld targeted at back-to-school shoppers; Microsoft has denied a report issued earlier today that the motherboard of its XBox game console contains a flaw that could delay manufacturing by a few weeks; and some virus writers are now targetting instant messenging networks, such as MSN Messenger, which could pose a menacing threat to corporate networks.
Medea Corporation has introduced VideoRaid FCR and VideoRack FCR, two new RAID storage systems designed as local storage for single workstations or as a storage solution for digital content creation workgroups.
After receiving a ranking of 49th in Business Week\'s assessment of the world\'s most valuable brands, Apple has been named the 13th strongest corporate brand in California in 2000 by Corporate Branding, LLC. The company rated 75 publicly traded companies headquartered in the state, and found Disney, Toyota, and Honda to be the top three brands, respectively.
CValley, Inc. has announced the immediate release of two new Adobe Illustrator CAD plug-ins for Mac and Windows, BluePrintTools-Pro and EXDXF-Pro. BluePrintTools-Pro lets users draw simple blueprints, design with dimension lines or measure over curved lines. EXDXF-Pro converts Bézier curves from Illustrator to a smooth line with minimal anchor points, while maintaining the curve\'s precision. BluePrintTools-Pro and EXDXF-Pro are $90 each, while the two products combined are $140 as a CAD-COMPO bundle.
MySQL 3.23.41 is the latest version of the Unix-based database server for Mac OS X Server.
Forbes.com asks, \"Can anything save Iomega?\" in an article that discusses the company\'s struggle to move beyond its languishing Zip and Jaz product lines. Author Arik Hesseldahl believes that the company\'s one hope for long-term survival is to offer its storage products for inclusion in other products, such as integrating its Peerless drive, which uses cartridges that hold up to 20 GB of data, into in-car digital audio players or a TV set-top box.
The Sacramento Bee reports on the positive outlook for Apple shared among many financial analysts, who are encouraged by Apple\'s moves to transition from a digital computer company to a digital consumer company. Analysts believe that Apple\'s retail stores and brand image will be a huge aid in keeping them ahead of the curve.
Totally Hip Software, makers of QuickTime-based LiveStage Professional, has announced that it has entered into an agreement to acquire ici Media. The agreement calls for Totally Hip to issue 1.25 million common shares for all of the issued and outstanding shares of ici Media. The shares will be issued to the three founders at a deemed price of $0.10 per share. The acquisition, subject to approval by the Canadian Venture Exchange, increases Totally Hip\'s marketing, sales, support, training, and consulting capabilities.
Architosh has posted the second part of its interview with Nemetschek North America CTO Sean Flaherty on the company\'s future direction and VectorWorks on Mac OS X.
Flagstone Software has released Describe 1.0 for Mac OS X, an application that allows users to browse the contents of a Flash file and examine each tag and the values assigned to each field.
GEDitCOM 3.0.1 is a new version of the Carbonized genealogy software for viewing and editing standard GEDCOM files. Version 3.0.1 removes a debugger mistakenly left in the previous release and adds new interface elements primarily designed for improving use under Mac OS X.
Discreet has announced combustion 2, a new version of its paint, animation, and 3D compositing software that supports new multi-format project capabilities, including video, HDTV, and 64-bit color. New tool sets in combustion 2 include a fully-editable, interactive schematic view, a compositing flowchart designed to make complex visual effects creation faster and simpler, a fully-integrated 2D particle system, a text and motion graphics module, and garbage masking technology compatible with Discreet\'s online visual effects systems. combustion 2, a Carbonized application for Classic and Mac OS X, is expected to begin shipping at the end of 2001 for $3,495; upgrades are $795.
New statistics from Mercury Research show that ATI\'s share of the desktop PC graphics business increased to 27 percent during the second quarter, an increase of six percent from the previous quarter. During the same period, rival NVidia lost 13 percent of its market share, although it maintains a dominate lead with a 53 percent share. NVidia\'s decline was attributed to higher prices in Q2, and better sales in Q1 when customers got wind of the higher prices to come.
Macworld UK reports that Apple has hired Richard Kerris, former director of Maya Technologies at Alias|Wavefront, as director of developer strategies. Kerris, who was the driving force behind the Mac OS X port of Maya, will report to Ron Okamoto, VP of worldwide developer relations.
Apple CFO Fred Anderson is among the proposed slate of directors for 3Com\'s board of directors. The proposed board will consist of eight directors, down from fourteen, reflecting 3Com\'s new, \"more streamlined\" structure.
Apple expects to spend about $85 million this year to open 25 new retail stores, according to its quarterly report filed Monday with the SEC. As of June 30, the company has entered into a number of leasesranging in length from five to twelve yearswith a total commitment of $203 million. The report also said that the retail operation is expected to break even in the first quarter of fiscal 2002 and generate a slight profit for the full fiscal year.
SGI and the OpenGL Architecture Review Board (ARB)comprised of 11 companies, including Appletoday announced the availability of the OpenGL 1.3 specification. New features of the graphics API are designed to \"increase the level of graphics quality and realism.\" Apple is expected to incorporate the new spec into Mac OS X in the coming months.
The Washington Post reports on this week\'s annual convention of the Industrial Designers Society of America in Boston, Massachusetts, where some designers will be calling for the demise of the \"digital lifestyle,\" a phrase widely touted by Apple CEO Steve Jobs as the future of computing. Many designers feel that the \"too cute\" design phase is over, and will lead way to one of \"simplicity, humanism and grace.\"
Waves in Motion has released Analyzer 3.0 beta, a new version of its comprehensive system for documenting and debugging FileMaker databases. The product, which is being showcased this week at the FileMaker Developer\'s Conference in Orlando, Florida, is compatible with both Classic and Mac OS X.
Investment firm ABN AMRO has intitated coverage of Apple\'s stock with an ADD rating; \"While global PC markets remain weak, firm is bullish from a valuation perspective; sets 12-month price target of $25,\" reads a report from company analysts regarding Apple.
Troi Graphic Plug-in 1.1 for FileMaker 5.5 is a tool that adds numerous graphics capabilities to FileMaker. These include RGB color shading, screen capture, and generation of thumbnails. The new version adds OS X support and fixes several bugs.
The Macromedia Flash Jump Start Kit is a new free two-CD training collection with more than 150 resources and assets created to help Web designers get started using Macromedia Flash 5. The free kit is available to users who purchase Macromedia Dreamweaver 4, Macromedia Flash 5, or any product studio containing either software.
ATI has unveiled its next generation of Radeon graphics cards, offering three new products based around a new chipset aimed at competing with NVidia\'s GeForce 3. The Radeon 8500 offers SmartShader and Truform rendering capabilities and includes support for the Microsoft DirectX 8.1 API. The 8500 will be priced at $399 and include 64 MB of VRAM. The Radeon 7500 is purported to deliver speed increases of 60 percent over the previous Radeon chipset, features 64 MB of VRAM and is priced at $199.
A MacNN reader reports that Mac OS X 10.1 Build 5G15 is available for download by registered ADC (Apple Developer Connection) members. The release includes a User Install and Dev Tools.
Visualizer 1.0 is a tool that allows FileMaker Pro databases become instant visual entity relationship (ER) diagrams. Waves in Motion will announce the beta release of Visualizer 1.0 and companion developer tool Analyzer 3.0, at the FileMaker Developer\'s Conference in Orlando, Florida, August 13-15.
Now AAPL Stock: 99.62 ( + 1.72 )
Parallels Access 3.1 updated for iPad Pro
Virtualization software Parallels Access 3.1 has been updated with support for the 12.9-inch iPad Pro, including Apple Pencil support. The software allows remote access to your PC or Mac from anywhere to control desktop applications from iOS or Android tablets and phones, with native touch gestures, as well as from any computer with an HTML5 web browser. Featuring three resolution choices for your mobile device ("Best for your Device," "More Space," and "Same as Computer") and 3D Touch support for the iPhone 6s and 6s Plus, the update also adds a new Tablet Mode in Windows 10, which makes it easier to interact without a mouse or keyboard. http://bit.ly/1OWZqjg
Hyundai brings CarPlay to more 2016 models
Along with its previously-announced support for adding CarPlay technology to the 2016 Sonata, 2017 Elantra, and 2017 Ioniq, a leaked memo to dealers has revealed that CarPlay-supporting software updates will be available today that bring the infortainment tech to the 2015 and 2016 non-hybrid Sonata models, the 2016 hybrid Sonata, the 2015 and 2016 Genesis Sedan, the 2016 Tucson, the 2017 Santa Fe, and the 2017 Ioniq. Owners can upgrade the system themselves by visiting the Hyundai website, and will need a Mac or PC with either an SD card slot or SD card reader to transfer the update to the vehicle. http://bit.ly/1YZqkqS
Google Paris HQ raided by investigators
Google's Paris headquarters has been raided by dozens of French police. The Tuesday raid was part of an ongoing investigation into possible tax-avoidance practices, stoked by widespread dissatisfaction with the way multinationals like Google are structuring their business operations. Although trading in many countries around the globe, Google reports its international sales only in tax-friendly Ireland, similar to a practice adopted by Apple. According to French law, if it completes any of its sales contracts in France and not Ireland alone, it could be in breach of its laws. Google, for its part, denies any wrongdoing, and said that it is fully compliant with French law. http://reut.rs/1Udk2T9
Apple TV extends universal search to NBC
Apple has extended its universal search function on the Apple TV to now include NBC shows in its results, provided the user has installed the NBC tvOS app. The search results can be generated either through Siri, or through the Search app, and includes support for searches by title, genre, and actor, among other queries. NBC joins CBS, more recently, among other channels including: Disney Channel; Disney Jr; Disney XD; FOXNOW; FXNOW; HBO GO; HBO NOW; Hulu; Nat Geo TV; Netflix; PBS; PBS Kids; SHOWTIME; SHOWTIME Anytime; Starz, and Watch ABC, all of which are supported by universal search. http://apple.co/25lGi5R
Comixology fires up $6 all-you-can-read service
Amazon-owned Comixology has launched an all-you-can-read comic subscription service. After a 30-day free trial, for $6 a month, subscribers can draw from a large selection of the Comixology library, minus Marvel and DC comics. For now, the service is US-only. http://bit.ly/1WMAOft
QuarkXPress 2016 now shipping
Quark is now shipping QuarkXPress 2016, the newest version of Quark's graphic design and desktop publishing software that now features near-WYSIWYG fixe HTML5 publishing as well as improved operability with InDesign and Illustrator and support for multi-Color Gradient Blends, OpenType Stylistic Sets, a Color Picker (Eyedropper tool), Touchpads for Pinch and Zoom (Mac only) and more. Users on any previous version of QuarkXPress (versions 3-10) can upgrade to version 2016 for $350, while QuarkXPress 2015 users can upgrade to 2016 for $180; new licenses are available for $850 (education licenses are available for $90). http://bit.ly/1OL23Pu
Kanex debuts GoPower USB-C for MacBooks
Kanex today introduced its GoPower USB-C, a portable power solution designed to charge a USB-C MacBook on the go along with an iPhone or iPad simultaneously. Featuring 15,000 mAh of power--capable of charging an iPhone 6s seven times or the USB-C MacBook one full time--the GoPower USB-C Portable Battery features one 3A USB-C port and one 2.4A port for other devices, priority charging detection technology and a pass-thru charging to your devices when the battery is plugged into a power source. http://bit.ly/1TKaf8z