Tag - CNBC
Attorneys at various news agencies are claiming that Apple CEO Tim Cook is in violation of US Securities and Exchange Commission (SEC) rules. The analysts purport that the letter to CNBC analyst and fund manager Jim Cramer that was read during a broadcast violate fair disclosure of corporate financial information, and the public exchange of data that may impact stock pricing.
In the UK, it's known as Betteridge's law of journalism: a headline that is a question can always be answered by the reader by the word 'no' regardless of editorial intent. Is Elvis really alive? No. Could this one simple technique make you a millionaire overnight? Take a wild guess. While you're at it, apply your guess to CNBC's article that's been headlined: "Is interest in the Apple Watch dissipating?"
Say what you want about CNBC financial host Jim Cramer, but he found a way to making talking about stocks for a good portion of the day interesting through a combination of hair-on-fire histrionics and old-fashioned physical comedy. On the occasion of the Mad Money show's tenth anniversary, Apple CEO Tim Cook called in as a surprise to congratulate Cramer, saying that "we love the fact that you highlight innovation as a centerpiece of your show." Cramer took the opportunity to praise Cook as well.
The CW Television Network, owned by CBS and Warner Bros., agreed on a four-year deal to stream its TV shows on Netflix. This will allow subscribers to stream previous seasons of scripted series that aired on The CW until the 2015 season. More than 700 hours of older CW episodes will be available on Netflix.
Google at Google I/O 2011 unveiled its previously promised Android 3.1. The new update now has a more advanced multitasking system that shows all recent tasks, even ones that have been shut down to save memory. USB host device is also finally new: catching up to Apple, Android devices can now import photos from a camera, rely on a gamepad, or other hardware input.
Sony as promised tonight confirmed its Internet TV GT1 line, its first Google TV devices. The Internet TV and Internet Blu-ray Player build an Atom-based system into their designs and support the full Google OS for searching both the web and TV programming (including Flash-based video) as well as loading Android-based apps. Sony's spin puts in an app for its Qriocity movie service as well as CNBC, Napster, NBA, Netflix, Pandora, Twitter and YouTube.
Now AAPL Stock: 94.43 ( + 0.79 )
WaterField cycling ride pouches
WaterField's new cycling ride pouches are custom-fit to carry both in one compact kit and are ready for the summer cycling season. The Cycling Ride Pouch includes a clear window that allows basic phone access with the phone still safely within the case, and the Cycling Club Pouch incorporates a padded phone pocket to separate up to an iPhone 6 Plus-sized phone from the tool compartment. Both handsome pouches fit neatly in a back jersey pocket, with optimized surface area for comfort. The Cycling Ride Pouch sells for $80, with the Club Pouch retailing for $50. http://bit.ly/1rRqN4e
Dish providing on-site iPhone repair services
Dish has expanded into the iPhone repair industry. Available today, the satellite television company's "Smart Phone Repair" routes a technician directly to a customer's door. DISH's network of technicians in all 50 states will repair cracked screens and replace batteries on Apple's iPhone 5, 5c, 5s, 6 and 6 Plus. In the coming months, the company intends to expand its service to include additional devices and smartphone accessories. http://bit.ly/1SLaDiW
India rejects Apple's refurb request
Apple's request to the Indian government to be allowed to sell refurbished iPhones has been rejected, a move that will hurt the company's efforts to attract budget-oriented consumers. Opposition to the importation of refurbished iPhones is said to have been led by local smartphone makers (and, it should be noted, Samsung), who feared that lower-cost iPhones would undermine the government's own mandates on manufacturing phones in India, and trigger a flood of used electronics into the marketplace, driving prices generally downward. Currently, Apple has just two percent of the smartphone market there, and is also applying to the government for permission to open directly-controlled Apple Stores. That decision is still pending. http://bloom.bg/1rRgi0I
Amazon Prime Now available via website
Amazon's Prime Now rapid delivery service is now available to use from the web, giving users an alternative to using the normal mobile app. Available as a free option for Prime subscribers in certain areas, the web-based service continues to offer the same selection of goods as the mobile version, and is still free for deliveries within two hours, $8 for within one hour. http://amzn.to/1UvqYgi
SoundCloud Go expands to UK, Ireland
SoundCloud has expanded its subscription service to the United Kingdom and Ireland, its first expansion since launching in the United States in late March. Priced at £10 ($14) per month, SoundCloud Go lets users listen to existing tracks ad-free, as well as complete access to licensed music from major record labels, and the ability to download tracks for offline listening. http://bit.ly/1rhBv35
Maps adds transit for Rio Olympics
On Monday, Apple added public transit directions for Rio de Janeiro in Brazil to its Apple Maps program in advance of the 2016 Summer Olympics, which begin on August 5. The addition marks the first time a Brazilian city has gotten the upgraded public transit maps, which include station maps as well as transit schedules and tracking. The transit directions cover ferries as well as bus, subway, and light rail lines. The company has recently expanded transit directions to Montreal in Canada, and Seattle, Portand (Oregon), and other US cities.
Ive opens Met Gala fundraiser in NYC
On Monday, Apple SVP of Design Sir Jonathan Ive opened the press preview of the annual Met Gala fundraiser for the Metropolitan Museum of Art's Costume Institute in New York City. Ive is serving as co-chair with Vogue editor Anna Wintour, and Apple is helping sponsor the event, which is themed "Manus x Machina: Fashion in an Age of Technology." He said the company is "thrilled" to participate in the Gala, and tied the company to the theme by saying that Apple's goal "has always been to try to create objects as beautiful as they are functional," adding that the company is "only starting" on its path of making products "more personal." http://bit.ly/1Y3EHKg