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News security

President Obama, Tim Cook, others meet to discuss PRISM surveillance

It’s not the happiest topic, but they’re meeting to discuss it. On Thursday, President Obama met with Tim Cook and other tech executives from companies like Google and AT&T to discuss government surveillance according to Politico. Civil liberties leaders were also at the closed-door meeting. The White House declined to comment about the details of […]

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Hardware News

Apple purchases Passif semiconductor, move allows access to low-power technologies

It was a bit on the subtle side this time, but Apple bought another company for a potentially key asset. Per Jessica Lessin, formerly of the Wall Street Journal, Apple has purchased Passif Semiconductor, a California communication chip developer that specializes in low-power designs — technology that could be useful in developing a smartwatch-like wearable […]

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News

Apple exec Bob Mansfield switched to “special projects” team, wearable technology rumors gain strength

Apple is assigning Bob Mansfield to a “special projects” team. Not bad for a guy who looks like a middle school football coach. Per The Mac Observer and AllThingsD, Bob Mansfield quietly disappeared from Apple’s executive team webpage on Sunday and the company said it’s because he’ll be working on “special projects” instead. Mr. Mansfield […]

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Finance News retail

Apple releases Q3 2013 numbers, cites $35.3 billion in revenue, $6.9 billion profit

There wasn’t massive growth, but the numbers were still good. Per Macworld, Apple reported sales of US$35.3 billion, with net profit at US$6.9 billion for its third fiscal quarter. That translated to earnings of US$7.47 per diluted share. Apple’s revenue marked a record for the June quarter, ticking up 1 percent from the $35 billion […]

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Hardware Rumor

Rumor: Apple hiring personnel from health sensor field to help with iWatch project, product group structure revealed

The new hires are coming to help work on the iWatch. And some of them have medical sensor backgrounds. Per MacRumors, Apple is apparently hiring from the health sensor field. Based on new hires, it seems that Apple’s interest in sensors focuses on the ability to measure glucose and other body level information. With this […]