Search Results for: iphone

Apple ordered to pay patent troll more than $500 million in iMessage case

Apple ordered to pay patent troll more than $500 million in iMessage case

Posted by | Apr 11, 2018 | , |

The eight-year battle between Apple and VirnetX takes another turn. Apple has been ordered by a federal court in Texas today to pay $502.6 million to a patent troll called VirnetX, the latest turn in an eight-year-old legal battle over FaceTime and iMessage patents, according to Bloomberg. Apple and VirnetX have been fighting in court since 2010, when the patent-holding company said the iPhone maker infringed on four of its patents related to internet-based communications. The legal battle has been protracted, and it involves multiple lawsuits and a dizzying number of appeals. Last we heard of the fight was...

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Apple will give $100 billion more back to shareholders because of the tax cut: Citigroup

Apple will give $100 billion more back to shareholders because of the tax cut: Citigroup

Posted by | Apr 6, 2018 | , |

Apple’s capital return plan will get much larger, according to one Wall Street firm. Citi Research reiterated its buy rating for Apple shares, saying the company will use tax reform proceeds to significantly increase its stock buyback and dividend program. “We do expect volatility ahead as consensus estimates calibrate to lower March and June quarters given more tempered demand for iPhone X,” analyst Jim Suva wrote in a note to clients Wednesday. “Looking ahead, we expect investor focus to be on the impact from Apple’s capital returns strategy, which we estimate could be a $100 billion increase, the 2H18...

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Apple iOS 11.3.1 Release: It’s The Big One

Apple iOS 11.3.1 Release: It’s The Big One

Posted by | Apr 6, 2018 | |

This was not meant to happen. iOS 11.3 had the eyes of the world on it and Apple AAPL +0.73% seemed so confident the company immediately moved onto testing iOS 11.4, which is not due for release for several months. Instead, a litany of bugs (a significant number are serious) means the urgent release of iOS 11.3.1 is now unavoidable and essential… Tech writer Bradley Chambers perhaps summed it up best when commenting on the iOS 11.3 bug which broke Apple’s MDM (Mobile Device Management) protocol leaving participating companies and institutions unable to remotely manage and update employees’ iPhones...

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Mark Zuckerberg hits back at Tim Cook

Mark Zuckerberg hits back at Tim Cook

Posted by | Apr 3, 2018 | , |

The Facebook (FB) CEO defended his company’s business model in an interview published by Vox on Monday, arguing that recent criticism from his counterpart at Apple was unfounded. Cook recently called for increased regulation of social media, and questioned the practice of monetizing user data on free platforms by selling ads that allow advertisers to target specific groups. “You know, I find that argument, that if you’re not paying that somehow we can’t care about you, to be extremely glib. And not at all aligned with the truth,” Zuckerberg told Vox in response to a question about Cook’s criticism....

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