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Rumor: Apple may be setting aside $1 billion annual budget for movie creation, looking to tie into theatrical releases

Apple is apparently looking to jump into the movie business, and may be setting aside a $1 billion annual budget to do so. Following up on Apple TV+’s becoming the first streaming service to win the prestigious Oscars Best Picture award in 2022, for Sundance acquisition CODA, Apple may be looking to upgrade its film […]

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Apple Finance Software

Rumor: Apple has completed acquisition of Drive.ai

Apple apparently completed the acquisition of self-driving car startup on Tuesday. The specific value of the deal has yet to be confirmed as of this writing. News of the acquisition surface last month, with the motivation for the deal being Apple’s looking to bring in engineers and talent from Drive.ai. This also comes at a […]