Feds Begin Probe of Apple Stock Scandal

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Date: Monday, January 15th, 2007, 15:47
Category: News

An article over on MacObserver details how the San Francisco division of the U.S. Attorney’s office has launched its own criminal investigation into Apple Inc.’s backdated stock option scandal.

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The investigation, according to a story on financial industry news web site MarketWatch, will focus on former Apple attorney Wendy Howell and a grant of 7.5 million stock option shares to Apple Inc. CEO Steve Jobs at a company meeting in October of 2001.
Howell claims she was ordered to make changes in order to grant Jobs the stock options by Nancy Heinen, a member of Apple’s general counsel team. Heinen departed Apple in May of 2006 for reasons unrelated to the events in question while Howell was fired from the company in December of 2006 for reasons relating to the stock options issue.
Last month, Apple stated that an independent internal investigation revealed that the October, 2001 meeting had never taken place and that grant terms weren’t set until December, 2001.
The U.S. Attorney’s office has begun its own investigation into Apple’s backdated stock option grants and Jobs has claimed he was unaware of the falsified incident. Apple later cancelled the grant, rendering the decision of no financial gain to Jobs. Apple’s own internal investigation has cleared the CEO and the rest of the company’s current management team from any wrongdoing.
The stock grant would have been worth about $20 million to Jobs, who currently holds more than five million shares of Apple stock worth more than $500 million.
If you have any comments or feedback, let us know.

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MWSF07: PowerPage’s Best of Show Awards/Wrap-up

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Date: Friday, January 12th, 2007, 17:12
Category: News

San Francisco — With Macworld Expo winding down, it’s time to honor the best of the best. These companies went beyond what was expected for a trade show presence and offered something great to the people who came by.

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So, without further ado, O’Grady’s PowerPage presents this year’s awards:
More after the jump…

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MWSF07: Additional AppleTV Details Emerge

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Date: Friday, January 12th, 2007, 16:39
Category: News

San Francisco — Further details have emerged regarding Apple’s upcoming Apple TV set top media device, due to be released this February for US$299. A first look over at Macworld News describes how the device, once hooked up, will appear in iTunes under the source list, much like a mounted iPod or other device currently does now. Select the Apple TV icon and you can choose which data is synched to the Apple TV from your Mac (such as movies, TV shows, music, playlists and photos).

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Apple currently estimates that the 40 gigabyte hard drive that ships with the Apple TV can hold 50 hours of video data or 9,000 songs or 25,000 pictures.
In environments where more than one computer is present, the Apple TV will synch with one computer to store data on its hawrd drive but will also link with up to five other computers and stream data from them using an 802.11n networking protocol for wireless synching as well as an Ethernet connection when applicable.
The Apple TV will only synch with iTunes libraries once it’s received permission from the user. When the Apple TV tries to connect, it displays a PIN code to the TV screen that must be entered for the Apple TV to synch with the library.
Apple has taken an unexpected stance with the included USB port on the Apple TV device, booth representatives citing that the port will be unable to connect to an external hard drive and is for “maintenance use only”.
If you’ve heard anything about this or have comments or feedback, let us know.

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MWSF07: Cisco Claims Apple Snagged “iPhone” Name Via Shell Company

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Date: Friday, January 12th, 2007, 12:46
Category: News

An article on Canoe Network helps flesh out the conflict between Cisco and Apple over the dispute between the iPhone name and the suit Cisco has filed against Apple claiming it violated one of its trademarks.

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In the suit, filed Wednesday, Cisco asked a judge to forbid Apple from using the name “iPhone”, which Cisco has held as a trademark since 2000.
According to the article, Apple initially inquired after Cisco to acquire or license the rights to the iPhone name. Upon refusal of these names, Cisco claims that Apple embardked on a campaign of “confusion, mistake and deception” and created a shell company called Ocean Telecom Services LLC to sidestep these challenges.
In an application submitted to the U.S. Patent and Trade office during March of 2006, Ocean Telecom described itself as a foreign company offering services in Trinidad and Tobago.
As of Thursday, an Apple spokeswoman declined to comment on Ocean Telecom,
In spite of criticism form both sides, Apple recently calling Cisco’s lawsuit as “silly”, Cisco spokesman John Noh claimed that Cisco was still willing to negotiate with Apple with regard to the name. Noh claimed that Cisco executives would like to let Apple use the term “iPhone” on the condition that the companies’ phones be able to communicate with each other.
If you have any comments or feedback, let us know.

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MWSF07: New AirPort Extreme to Feature USB Drive Sharing

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Date: Thursday, January 11th, 2007, 18:32
Category: News

San Francisco — The new AirPort Extreme Base Station, which will feature a backwards-compatible 802.11n networking protocol, will also include a USB Disk sharing feature called AirPort Disk according to an article on The Unofficial Apple Weblog.
The feature can wirelessly share USB hard drives (including both the 1.1 and 2.0 standards) as well printers (even if the devices are connected through a USB hub). A Bonjour connection can allow allow access to devices via AFP and SMP while a setup utility can configure the drive to automatically mount volumes when the user boots or logs into the computer. Access to specific files and folders can also be restricted and controlled. The setup utility, which only works with the new Base Station router, is available on the software CD that ships with the unit.
The new AirPort Extreme Base Station will be available in February and retail for $179.

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MWSF: Additional ModBook Details and Pictures

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Date: Thursday, January 11th, 2007, 14:18
Category: News

San Francisco — After a visit to the combined Other World Computing/Axiotronic booth at Macworld Expo San Francisco, we’re able to round out some additional facts about the firms’ joint efforts towards bringing the ModBook (the first-ever after-market conversion of an Apple MacBook to include an LCD tablet screen and interface).
The ModBook, which will ship at the beginning of April (according to Other World Computing’s CEO and President Larry O’Connor), will be available from Other World Computing, which will sell the completed tablet and perhaps offer a do-it-yourself kit at a later date, OWC checking the serial number and performing the conversion to anyone who wants to send a current MacBook in.
The units, which will be distributed by Other World Computing, are being designed by Axiotronic, which was founded by Andreas Haas, aformer member of Apple’s Newton team prior to the company’s closing of the division. The company had initially designed a tablet conversion for the iBook G4 laptop when Apple shifted toward the Intel architecture and Axiotronic shelved the product, citing it as a test bed and learning experience.
Check out the full article and photo gallery after the jump…

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MWSF07: Update: Intel Denies CPU Supplier Role for iPhone

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Date: Thursday, January 11th, 2007, 11:59
Category: News

According to an article on AppleInsider, Intel representatives denied a claim yesterday that the firm would be the supplier of processors for Apple’s upcoming iPhone.

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The company confirmed that it would be supplying the processor for the upcoming Apple TV.
“We are not providing the silicon inside the iPhone,” commented Intel spokesman Bill Kirkus. “We are providing the silicon inside the Apple TV.”
No additional comments were offered as to technical specifications for the Apple TV product chip or which firm would supply processors for the iPhone.

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Cisco Files Suit Against Apple Over “iPhone” Name

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Date: Wednesday, January 10th, 2007, 18:49
Category: News

Cisco Systems, Inc. announced late Wednesday afternoon that it has filed a lawsuit within the United States District Court against Apple Inc. according to a report on financial analysis site MarketWatch.com.

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The suit seeks to prevent Apple from using the “iPhone” trademark, which Cisco claims it obtained in 2000 after acquiring Infogear. Cisco has also mentioned that Infogear initially filed for the trademark on March 20th, 1996, a date which preceded any interest Apple may have had in the name.
“There is no doubt that Apple’s new phone is very exciting, but they should not be using our trademark without our permission,” said Mark Chandler, Cisco’s senior vice president and general counsel, in a statement.
More information on this as soon as it becomes available.

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MWSF07: Belkin to Release Flip DVI-D KVM Switch

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Date: Wednesday, January 10th, 2007, 18:53
Category: News

San Francisco — On Monday, Belkin announced its new Flip DVI-D, a KVM switch that allows the user to share multiple monitors between a single Mac.

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The unit, which is the only one on the market designed around the Apple Cinema Display (albeit still compatible with other types of monitors), supports resolutions up to 1600 x 1200 on a single link and 2560 x 1600 on dual link video modes.
The Flip DVI-D will ship in February and is currently priced at $149.95

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Apple Announces Updated AirPort Extreme Base Station

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Date: Wednesday, January 10th, 2007, 12:52
Category: News

Amidst all the hubbub with yesterday’s Apple TV and iPhone announcements, Apple also released an updated AirPort Extreme Base Station. The new unit, which runs on the 802.11n networking standard, is cited as up to five times faster boast twice the range of it predecessors.
Breaking from the classic “flying saucer” design that these units have been associated with for years, the new AirPort Extreme Base Station sports a smooth, square form factor similar to the Apple TV and Mac Min, measuring 6.5″ square and 1.3″ in height.
Although the new model is based on the 802.11n networking standard, the device is compatible with both the older 802.11b and 802.11g standards and devices. The 802.11n protocol uses a Multiple-Input Multiple-Output (MIMO) technology to both communicate with older products as well as run at faster speeds while offering a longer communications range. The 802.11n standard can support up to 50 simultaneous wireless connections at once, perhaps replacing environments with multiple older AirPort Base Stations currently in place.
The new units will ship in February and be priced at $179.
Pictures of the unit will be available with today’s photo gallery.
If you have any comments or feedback, let us know.

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