(RED) is a nonprofit organization that was originally founded by U2's lead man Bono to combat the rise of HIV/AIDS in Africa. Apple will be supporting this cause in the upcoming Black Friday sales and beyond/
Set to be providing (RED)-branded iTunes gift cards with every purchase of selected Apple products on Black Friday, they will also be providing proceeds from every Apple sale on Cyber Monday towards the charity. Cyber Monday falls on World AIDS day, which is a convenience and a blessing for (RED).
The grand jury empaneled to decide whether to indict police officer Darren Wilson in the shooting death of Michael Brown has reached a decision, which will be released later today. Local, state, and federal law enforcement have been bracing for a spate of renewed protests and violent actions in the wake of the pending announcement. Ferguson law enforcement has been asked by community groups to warn them 48 hours prior to the release of the decision so they could brace for public reaction. Many have also decried that as merely a plan for protesters to get organized and prepared for mass violent protests.
Ferguson officials are apparently not providing the aforementioned warning, and plan to announce the verdict this afternoon. Businesses have been boarding up storefronts over the weekend in anticipation of the ruling, which is due any hour now. Even if there is a decision to indict Darren Wilson it may not be enough to assuage protesters.
30 years later, Susan Kare has listed reproductions of the famous Apple Mac Pirate Flag on her website for sale. Originally flying back in 1983, these hand painted copies will be sold at a price of up to $2,500 US.
Kare was originally assigned the painting of this flag near the beginning of Apples existence, the design said to be inspired by a slogan of the late Steve Jobs to inspire his team. It was an amalgamation of three sayings tied into one and read: "Real artists ship. It's better to be a pirate than join the navy. Mac in a book by 1986."
Steve Capps, a Macintosh programmer suggested that Jobs convert this into a symbol - a flag. The birth of this object has been described as: "LA few days before we moved into the new building, Capps bought some black cloth and sewed it into a flag. He asked Susan Kare to paint a big skull and crossbones in white at the center. The final touch was the requisite eye-patch, rendered by a large, rainbow-colored Apple logo decal."
Apple is reportedly on the verge of snapping up some prime office space in Pembroke Real Estate's quoted $250 million AU new development, located at 20 Martin Place in Sydney, New South Wales, Australia.
Set to reserve 5,000 square meters (53,819 sq. ft.) of this US-based project, this move is possibly to signal Apple's approach to increasing their Australian presence and interest in the central CBD. Said to be mainly a place for legal firms and financial institutions, it's not unlike technology giants to 'make their mark' and throw cash around to prove that they're also a legitimate and profitable business - something that's often forgotten by 'traditional' big business owners and corporate staff.
Pembroke reportedly purchased the Martin Place development block in 2011, said to be their first foray into Australian property. Set for completion late next year, the almost-20,000 square meter tower is set to stand at 21-floors tall and will certainly fetch a premium price from any interested tenants. Originally development was started without any paying tenants confirmed. A gutsy move by Pembroke, but given this latest piece of news, it seems to have paid off.
Apple is cracking a whip to set an example over smaller companies and suppliers who received (or will receive) contracts from the company to make components for its devices. The company slapped a sapphire display maker with a $50 million fine for leaking the information about its devices' specification and other information that they were obligated to be silent about.
According to the report, the information came out because GT Advanced Technologies filed for bankruptcy once they have decided to sell off their sapphire crystal manufacturing factories. The company was responsible for leaking information about the presence of sapphire display for iPhone 6 before its release. But at the time when it was found that iPhone 6 will be using 'ion-strengthened glass', the share prices took a nose dive. Furthermore, the company owes about $600 million for the displays that are not used.
According to the bankruptcy report, the company said that its deal with Apple for iPhone screens was oppressive and burdensome where they had to terminate the agreement to deal with the situation. As a result, the company's facilities in Arizona and Massachusetts will close down, affecting up to 890 people's jobs. 13 employees would be getting bonuses adding up to $64,700.
Some blame the recession and the weak economy for many businesses failing: small, medium and large. But Finland's Prime Minister Alexander Stubb suggested that Apple is the company that killed two of its important export industries. The first one is paper, the second one in Finnish-based, once-dominant and well-known maker of phones, Nokia.
During an interview with CNBC, Finnish PM said, "I guess one could say that the iPhone killed Nokia and the iPad killed the Finnish paper industry,". He added, "The iPhone killed Nokia and the iPad killed the paper industry, but we'll make a comeback". Recently, ratings agency Standard & Poor's downgraded the country's rating from AAA to AA+. Finland's GDP has been taking a nose dive for three years in a row, and started to reflect a negative perspective about the country's economy.
Though blaming Apple (or anyone) is simply wrong. Nokia's dominance collapsed not only it stuck with Symbian OS to a point that switching to other OS was too late. Android and iOS picked up the pace and dominated, not to mention Samsung's various smartphones and feature phone spree in almost every price range. Paper on the other hand gets replaced with other electronic devices, especially e-readers and tablets. Even airline pilots have slowly started replacing manuals and maps for a tablet where required information is easily available. At one point, even Apple had trouble and was in the brink of collapse, which was the turning point when the company brought back Steve Jobs in the '90s.
Amazon might have completely changed the landscape for retailers and shoppers across the world, but according to a report published today by the Wall Street Journal, it seems that the online giant is not beyond taking on traditional bricks and mortar stores more aggressively, by opening their own physical store in downtown New York.
To be located across from New York icon and tourist mecca the Empire State Building, the store is said to serve multiple purposes, including acting as a showcase for Kindle devices, allowing customers to collect online orders, but also act as a distribution center for couriers and delivery services.
Amazon have yet to confirm the store opening, but it is said to be opening in time for the holiday season.
Flipkart barely can step out of the oven now that the Indian government plans to crack down 'predatory discount' and unfair trade practice claims. But now its all ready to be grilled thanks to top electronic makers like LG, Sony and even Samsung.
While Flipkart claimed that its Big Billion Day Sale was a HUGE success despite the server downtime issues it faced, consumer good manufacturers were not amused. The companies dis not like what Flipkart did, and are considering legal action over 'predatory pricing and discount scheme' allegations. Several personnel assumed that Flipkart intends to disrupt the livelihood of the organized retail market in India.
One of the company personnel also claimed that goods that are sold via Flipkart with unrealistic pricing are via unauthorized channels. Therefore, they will be compelled not to provide warranty to those consumers who have purchased from such sites. An executive said,"This is a clear case of predatory pricing just to shoot up traffic at their website, and build up valuations unrealistically. This is not acceptable and we will ensure that this does not happen again."
The Government of India's Commerce and Industry minister said that the government will investigate Flipkart over numerous complaints made during and after the e-commerce site's 'Big Billion Day' sale on October 6th. These complaints are accompanied by several hashtags like fraudkart, Big Scam Day and Big Billion. The company co-founders did issue a statement of apology via its company blog, but it didn't have any affect on most consumers.
Numerous consumers and potential buyers complained that Flipkart was luring in consumers. Throughout the day of the sale, many said via Twitter that Flipkart already increased the prices of products before the sale. It was followed with complaints for lack of stock for several items that was listed as available in search results and website outage complaints.
Besides the consumers, retailers and traders have also serious concerns over Flipkart's 'predatory discount'. They've claimed that the e-commerce is damaging many small and larger retail businesses that find it impossible to compete with Flipkart's unrealistic discount offers. The Confederation of All-India Traders also pressured the Commerce and Industry Ministry to intervene in this matter, and implement procedures to monitor and control such predatory pricing and allegedly unrealistic sales. The Enforcement Directorate will also be investigating Flipkart after an order from the Reserve Bank of India.
As a part of its ongoing cost-cutting exercise, Yahoo laid off 600 employees from its engineering and product development division. Yahoo India R&D centre in Bangalore was considered as the second largest Yahoo offices outside the US, before the lay-off.
Despite the massive lay-off, Yahoo India executives said that the R&D center will still continue to operate, but with better efficiency.
Yahoo said via a press release,"As we ensure that Yahoo! is on a path of sustainable growth, we're looking at ways to achieve greater efficiency, collaboration and innovation across our business. To this effect, we're making some changes to the way we operate in Bangalore leading to consolidation of certain teams into fewer offices. Yahoo! will continue to have a presence in India and Bangalore remains an important office."