JAY YAROW
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Good morning! It will be warm, but cloudy here in New York today. Let’s look at the news.
1. Apple is under investigation by the European Commission for its tax arrangement in Ireland. There are allegations that Apple got a sweetheart tax deal in exchange for promising to bring jobs to Ireland. Apple denies any such arrangement and says it was only following established rules.
2. Facebook is rolling out a new ad network, called Atlas, which is based on the technology it bought from Microsoft.Facebook will use Facebook data on users tracked around the web to run ads on other sites.
3. Consumer Reports put Apple’s iPhone 6 and iPhone 6 Plus through stress tests and it found that the 6 Plus is more durable than HTC’s phone, and even more durable than the iPhone 6.
5. The grey market for new iPhone 6s in China has slowed down, says the NYT. There was too much supply, and now prices are being cut.
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6. Greg Gardner had his “Launcher” app for the Notification Center on iOS pulled. The app would allow you to jump into other apps straight from the notification center. Initially Apple allowed it, but it then pulled it.
7. Japanese internet/teleco company Softbank is trying to buy Dreamworks Animation. This is a bit of a surprise since it had previously been interested in buying T-Mobile, but worried that regulators wouldn’t let it happen. (It currently owns Sprint.)
8. The new Forbes list of the wealthiest people in America is out. Bill Gates is #1 with an estimated $81 billion net worth. Larry Ellison is #3 at $50 billion.
9. Microsoft is opening a flagship retail store only a few blocks away from Apple’s flagship glass cube store in Manhattan. We expect long lines for Windows Phone to bump into the long lines for iPhones. Well, not really.
10. An UberX driver in San Francisco allegedly hit a passenger in the head with a hammer.
