Tag - Russia
Apple is said to be making it easier for Russian iPhone users to be able to buy content from its online stores, by expanding carrier billing to the country. A report claims Apple is working with one mobile phone company to enable Carrier Billing, which allows for iTunes and App Store purchases to be charged directly to a mobile phone account, instead of requiring the use of a credit card or other standard payment method.
Apple is once again turning to the debt markets to finance its stock buyback and dividend payout programs, a new filing with the US Securities and Exchange Commission has revealed. The iPhone maker will issue a new, €2 billion Euro (roughly $2.26 billion US) debt offering in order to continue to take advantage of extremely low interest rates. Only two notes will be offered, at €1 billion each, which will mature between January 2024 and the fall of 2027. The company last offered a Euro-based debt sale late last year.
Virgin America is upgrading its in-flight Wi-Fi service, claiming it will be powerful enough to stream video. Partnering with ViaSat to use its high-capacity 140-gigabit Ka-band satellite connection, it is said that Virgin America's in-flight Wi-Fi will be between eight and ten times faster than similar services on other aircraft, and close to connections available at home. Ten A320 planes will be the first to get the connection in September, with passengers on routes to Hawaii likely to benefit from the connections first.
Russian search engine Yandex has demanded that antitrust authorities investigate Google. Russia's Federal Antimonopoly Service (FAS) has been instructed to look into Mountain View's bundling of services with mobile operating system Android, and how it impacts the market share of other companies' services in the country.
Apple has extended its actions against Russia by blocking authorized retailers from selling or shipping products in Crimea in accordance with sanctions, reports say. The measure was first mentioned on Twitter by blogger and consultant Eldar Murtazin, and then picked up by Russian media. The move follows the termination of all developer agreements with Apple and software makers located in the region. The measures take effect on February 1.
The tiny region of Crimea, recently annexed by Russia, has fallen victim to sanctions imposed against Russia by the US and European Union -- one aspect of which has been Apple's new notification to developers in the region that they are now suspended from the developer program and no longer allowed to sell programs in the App Store. The developer agreement have been terminated, effective immediately, in compliance with a US executive order, though there is a potential workaround.
Apple's Russian online store is back online, following an almost week-long downtime. The store was taken down to review and change prices -- and accordingly, many products are now substantially more expensive. A 16GB iPhone 6 is now 53,990 rubles, or about $988, far higher than the 34,990 rubles ($643) it sold for previously. A Retina iMac starts at 189,990 rubles, or $3,467. The same system is $2,499 in the US.
Apple is increasing the prices of both apps and in-app purchases at the Russian App Store, according to a new memo issued to developers. An app that would normally be $1 in the US, for example, is now 62 rubles. That indicates that apps have almost doubled in cost in Russia during 2014, though the increase is largely due to recent currency pressures.
Apple is temporarily shutting down its Russian online Apple store while it reviews pricing, according to company spokesman Alan Hely. The value of the country's currency, the ruble, dropped 19 percent today, despite attempts to stall a months-long decline using an interest rate increase. Apple's reaction is unusually sharp, given that the company normally just adjusts prices on-the-fly in foreign stores if there's a significant currency fluctuation. In November, it hiked the Russian cost of the iPhone 6 by 25 percent.
A Google engineering office located in Russia is reportedly closing, in the wake of changes to the law concerning user data. According to the Wall Street Journal, the search giant is going to be pulling out just the engineering office, with a large contingent of employees working on sales, business partnerships, user support, marketing, and communications set to remain.
Now AAPL Stock: 94.02 ( -2.58 )
Apple brings iTunes Movie Trailers app to Canada
After five years, Apple has expanded its iTunes Movie Trailers app for iOS to Canada. As of Saturday, the free app allows movie buffs to see HD movie trailers for new studio and independent features, and explore some other movie-related extras such as photos, behind-the-scenes footage, or clips from upcoming films. Users can save trailers for quick access, read reviews from RottenTomatoes.com within the app, use AirPlay to send them to an Apple TV, share trailers, and peruse the top movie charts. http://apple.co/1UUKtwr
Apple expands CloudKit API, provides web interface
On Friday, Apple notified developers that it was expanding a feature of CloudKit to allow for server-to-server web service requests. "In addition to providing a web interface for users to access the same data as your app, you can now easily read and write to the CloudKit public database from a server-side process or script with a server-to-server key," Apple said in its announcement. Previously, interaction with the CloudKit public database was limited to apps and web only. http://apple.co/20h1RwP
Remote S for Tesla Apple Watch app drives car out
Developer Allen Wong has created the Remote S for Tesla app, which can be used to remotely activate the Model S electric car via an Apple Watch, and drive it a short distance. Aside from providing data about the car and some basic function controls, the unofficial app uses the manufacturer's Summon command to allow the car to turn on, exit the garage, and park near to the user's location. The app is available to purchase from the App Store for $10. http://apple.co/1PprF4t
Seagate 3TB unreliability suit expands
The Seagate 3TB class-action hard drive lawsuit has been expanded to more devices. The expanded suit, filed today, now includes Seagate's Barracuda 3TB Hard Disk Drive, Desktop HDD 3TB, Backup Plus 3TB External Hard Disk Drive, GoFlex 3TB External Hard Disk Drive, or any other Seagate hard drive with model number ST3000DM001. The law firm, Hagens Berman, is seeking information from consumers such as time in service, purchase price, and the nature of any drive received in return from Seagate as a replacement for a failed unit. http://bit.ly/1Pc34Cq
BlackBerry Canada, Florida hit with layoffs
The BlackBerry campus has reportedly been wracked with layoffs. Sources familiar with the company's Waterloo office staffing claim that close to 35 percent of the local workforce has been laid off, with the deepest cuts being made in the BlackBerry 10 OS and hardware teams. Additionally, the state of Florida has been officially notified that the company's Sunrise facility will see 75 people fired. Enthusiast site Mobilesyrup puts the layoffs at around 1000 total. http://bit.ly/1Pc1Rep
Instagram tests multiple account support for iOS
Instagram is trialling support for multiple accounts in its iPhone app with a small number of users. The Facebook-owned photo sharing service confirmed the reports of the tests to TechCrunch, which will allow a single user to manage more than a single account within the app, transferring between two or three accounts with a few taps. It is unclear when the feature will roll out to the public, but it has previously tested it with the Android version of the app since November. http://tcrn.ch/1SPKEKh
Foxconn CEO declares Sharp deal near done
The Foxconn bid for Sharp is allegedly only waiting on specific details of the deal. Foxconn CEO Terry Gou has declared that his company has privileged negotiation rights for the Apple iPhone screen supplier, saying that "we have a consensus, the rest is a process ... I don't see a problem completing this process." Gou hopes the deal, worth up to $5.6 billion, will be formalized by the end of February. http://reut.rs/1SPEQjN