Leaked memo indicates that Barclays will support Apple Pay by April

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Date: Tuesday, January 26th, 2016, 08:21
Category: Apple Pay, Finance, News

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U.K. bank Barclays has confirmed that it will launch Apple Pay within the next 45 to 60 days, based on a two-week-old email dated January 12, suggesting the bank will support the iPhone-based mobile payments service by no later than March 28.

The launch date was released by Barclays CEO of Personal and Corporate Banking Ashok Vaswani in what appears to be a legitimate email sent to customer Oli Foster-Burnell. The executive has emailed customers about Apple Pay in the past.

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Apple retail chief Ahrendts snags $25.8 in salary, stock and bonuses for 2015 financial year

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Date: Friday, January 8th, 2016, 08:04
Category: Finance, News, retail

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If you ever doubted the power of corporate bonuses, keep in mind that Apple retail chief Angela Ahrendts just made almost $25.8 million in compensation last year, according to a regulatory filing.

Ahrendts, who draws a $1 million base salary, has also been awarded a $20 million stock grant, a $4 million bonus and relocation expenses of $474,981.

This is down from $73.4 million in 2014, in which Ahrendts was offered $37 million to compensate her for the value of the Burberry stock that she walked away from in accepting the Apple job, plus a new-hire stock allocation valued at $33 million.

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Apple purchases Emotient, speculation rises as to facial analysis possibilities

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Date: Friday, January 8th, 2016, 08:12
Category: Finance, News, Software

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It’s hard to say what Apple plans to do with the small companies it invariably buys, but the speculation gets interesting.

Most recently, Apple has purchased Emotient Inc., A startup that uses artificial-intelligence technology to read people’s emotions by analyzing facial expressions.

Emotient itself has been sold to advertisers to help assess viewer reactions to their ads as well as tested by doctors to interpret signs of pain among patients unable to express themselves, and a retailer used it to monitor shoppers’ facial expressions in store aisles, the company had said.

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Apple posts record earnings of more than $1.1 billion in App Store sales over 2015 holiday season

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Date: Thursday, January 7th, 2016, 07:48
Category: App Store, Apple TV, Apple Watch, Finance, News

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The numbers are in and Apple had a killer 2015 holiday season on the App Store, customers spending over $1.1 billion on apps and in-app purchases over a two week period and $144 million in App Store spending on January 1st.

The total beat last year’s record in terms of gross purchases.

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AT&T confirms move away from two-year contracts, iPhone subsidies beginning January 8th, 2016

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Date: Thursday, December 31st, 2015, 08:58
Category: Finance, iPhone, News, wireless

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This will change your relationship with AT&T a bit.

Starting on January 8, 2016, AT&T will introduce a “pricing simplification effort” that will see the end of device subsidies and two-year contracts. According to an internal training document shared by Engadget, new and existing AT&T customers will only be able to purchase a smartphone at full price or with an AT&T Next payment plan going forward.

The leaked document states that the new rules apply to all of the phones AT&T sells, including smartphones, which will be paid for with new installment plans. Corporate users are said to be able to continue making two-year contract purchases, although it looks like this will change for the consumer market.

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Apple purchases former semiconductor plant in North San Jose

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Date: Tuesday, December 15th, 2015, 08:01
Category: Finance, News

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The Apple Real Estate Extravaganza continues, Apple apparently snagging a a former chip fab in North San Jose. The deal reportedly went through last week and saw Apple pay $18.2 million for the 70,000 square foot building.

Prior to the purchase, the plant had been a manufacturing plant for semiconductor company Maxim Integrated Products. The real estate description stated that the site was well suited for “prototype, pilot, and low-volume manufacturing.” The space, however, is too small for any serious manufacturing. Maxim purchased the facility in 1997 from Samsung, but later shuttered it as it pulled out of the consumer electronic business.

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Apple investing $13 million in Sacramento campus extension

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Date: Tuesday, December 8th, 2015, 06:31
Category: Finance, News

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The Apple real estate expansion journey headed north with Apple apparently preparing to transform a large warehouse at its Elk Grove campus in Sacramento, California into a logistics center, a move that city officials estimate could generate several thousand new jobs.

The current word is that Apple will invest $13 million in the project, thereby turning a 134,000 square foot space into a logistics center.

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Apple leases additional campus space in Sunnyvale, Jay Paul Co. credited with the deal

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Date: Friday, December 4th, 2015, 09:04
Category: Finance, News

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The process of Apple pretty much buying out the entire South Bay real estate market continues.

Today, it was revealed that the Jay Paul Co. is in advanced discussions to acquire Landbank Investments LLC’s massive “Central & Wolfe” development site in Sunnyvale, where Apple Inc. has leased a huge, Space Age-style office complex planned to be built there, according to industry sources.

Three sources outside the deal have stated that San Francisco-based Jay Paul has been picked as the buyer. The deal isn’t complete, and it’s unclear whether or not the transaction has gone nonrefundable. Scott Jacobs, CEO of Landbank, declined to comment on Wednesday. Jay Paul Co.’s chief investment officer, Matt Lituchy, declined to comment Thursday.

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Apple acquires real-time capture firm Faceshift, intended purposes unknown

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Date: Wednesday, November 25th, 2015, 07:11
Category: Finance, News, Software

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It’s hard to say what Apple will do with its new toy, but it’s been confirmed that it just bought a real-time motion capture firm.

The company apparently acquired Faceshift, a Zurich-based capture firm, which has worked with game and animation studios on technology designed to quickly and accurately capture facial expressions using 3D sensors, including Faceshift Studio software with plugins for Maya and Unity. The company was also working toward consumer-facing software like a Skype plugin that would support real-time avatars for video chat.

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Rumor: Apple looking to bring Apple Pay to Chinese marketplace in 2016

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Date: Tuesday, November 24th, 2015, 07:23
Category: Apple Pay, Finance, Rumor

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It looks like Apple Pay could be in China as early as next year.

Back in September, Apple created a company in the Shanghai free-trade zone, hinting at its plans to launch Apple Pay in the country. It’s since been reported that Apple plans to launch Apple Pay in China by February. Apple has reportedly secured agreements with the four largest banks in China to support the platform.

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