Apple

Apple is working on a way to measure blood sugar levels, potentially turning the Apple Watch into a must-have device for millions of diabetics, according to CNBC citing anonymous sources.
If successful, the technology will be integrated into a future version of the Apple Watch to help people with diabetes manage their condition, but this rumored project could send the Apple into a much more complicated realm of biomedical devices.

Ideally, Apple will develop a non-invasive way to measure blood sugar levels, as opposed to devices commonly used now that require need pricks. The technology could be similar to optical heart rate monitors found on many fitness trackers, which send light through the skin to measure heart rate.

Apple has unveiled a new special-edition red iPhone 7, with a philanthropic decision, the Cupertino-based company added a red special edition to the lineup. The new red aluminum finish, which is available to order for both iPhone 7 and 7 Plus in-store and online on March 24, is a fundraising effort for the Global Fund.

The additional colour option is part of Apple’s Product Red campaign, a range of red products for which Apple makes a contribution from every purchase to the Global Fund for HIV and AIDS programmes. To date, Apple has generated over $130m through the project making it the organizations’s largest corporate donor, the company said.

Although the US election is over, the problem of fake news isn’t. Apple CEO Tim Cook said it’s time to do something about it.

“All of us technology companies need to create some tools that help diminish the volume of fake news,” Cook said in an interview with the Daily Telegraph on Friday. Cook also called for governments to lead information campaigns to crack down on fake news in an interview with a British national newspaper. The scourge of falsehoods in mainstream political discourse came to the fore during recent campaigns, during which supporters of each side were accused of promoting misinformation for political gain.

The Irish government has today launched an attack on the European Union’s order that it collect €13bn in back taxes from Apple. Ireland accuses the European Commission of misapplying State Aid law, and of attempting to re-write Irish corporation tax rules. In a document released by the Irish government’s Department of Finance, eight points are made about how the EU is overreaching its authority.

"The Commission has exceeded its powers and interfered with national tax sovereignty," the document reads. The document was submitted almost four months after the penalty was imposed against Apple which is also appealing.
Apple’s European headquarters are located in Ireland where the standard rate of corporate tax is 12.5%.

Netflix yesterday briefly became the number one top-grossing iOS app in the U.S. for the first time, holding at bay the likes of Spotify and Candy Crush Saga for most of Monday.

The app also occupied the coveted top spot on iPhone in India, Mexico, and Colombia yesterday, as noted by app tracking company SensorTower, which offered a timeline leading up to the achievement in a blog post.

The accomplishment comes approximately one year after Netflix introduced the ability for users to pay the monthly subscription fee as an in-app purchase. Between then and today, Netflix has grown its weekly net revenue from under $50,000 to nearly $2.9 million, its report says.

Apple posted a quarterly revenue of $46.9 billion and quarterly net income of $9 billion. For the same quarter in 2015, these numbers were $51.5 billion and $11.1 billion, repectively. International sales accounted for 62% of the Q4’s revenue ended September 24, 2016. The quarterly results marked the third straight quarter where Apple posted a year-over-year revenue decline.

The holders of MasterCard, Visa and American Express issued by Swisscard will make payments via Apple Pay by the end of autumn,. The provider of credit cards, leader of the sector, manages in Switzerland over one million cards.

Using their own credit card with Apple Pay, the card number is not stored on your phone and even on Apple’s servers, the company states in today’s note. Each transaction is authorized by a specific dynamic code.