In an interview, the CEO says the company is taking the time to get them right. 'Our objective has never been to be first. It's to be the best.'
By Daisuke Wakabayashi, The Wall Street Journal
He paused before adding: "Maybe it will take some new products."
Cook knows that's the biggest question hanging over the company: whether it can repeat the innovative success with a new product category -- as it did with the iPhone in 2007 and iPad in 2010. He has promised that Apple will break into new product categories this year, but so far has revealed nothing.
In an interview with The Wall Street Journal, Cook said Apple is hard at work but it will not rush.
A new move in Ireland to issue digital currency positions the social media giant to become a major player in mobile payments and money transfers.
By Erik Heinrich, Fortune
The social media giant Facebook (FB) is seeking a license from Ireland's central bank that would allow it to become an e-money institution able to issue its own online currency similar to bitcoin, according to sources familiar with the deal. The news was first reported by The Irish Times and others earlier this month.
Facebook's e-money -- which might receive regulatory approval as early as this month -- would be valid across Europe and allow its users to store and exchange digital currency over the social network. Facebook has also entered into discussions with a number of European companies that facilitate international remittances of money over the web.
"Its focus on mobile money transfers makes sense," says Eden Zoller, a London-based analyst with technology research firm Ovum. "These applications are gaining good traction with consumers, particularly in emerging markets where Facebook has ambitions to be the prime platform from which people access and interact with Internet services."
Consumer backlash has garnered plenty of attention for the tech giant's admittedly exciting and innovative eyewear. But here's why it will be remembered as a botched product launch.
With its 'Nearby Friends' feature, the social media giant enters an already crowded and somewhat contentious space occupied by the likes of Foursquare and Tinder.
By Reed Albergotti, The Wall Street Journal
Facebook (FB) users will soon be able to receive notices on their mobile app when they're near friends, signaling an effort by the online social network to play a bigger role in real-world interactions.
Users will have to opt in separately to the feature, called "Nearby Friends," and agree to give Facebook permission to track them at all times, even when not logged into Facebook.
Some privacy advocates expressed concerns about the implications for users of opting into the service. Chris Conley, a policy attorney with the American Civil Liberties Union of Northern California, said Facebook should keep users "regularly aware" of everyone with whom they're sharing location. Jeffrey Chester, executive director of the Center for Digital Democracy, called on the Federal Trade Commission to review the product.
Dubbed 'Project Ara,' the phone would have interchangeable parts, such as cameras or lighters, that could be slotted into a metal frame and held in place by magnets.
By Alistair Barr, The Wall Street Journal
Google (GOOG) is planning a "modular" smartphone that consumers can configure with different features, executives said on Tuesday.
Google envisions hardware modules, such as a camera or blood-sugar monitor, that would be available in an "app store," like its own Google Play store for software applications.
The modules would fit into a metal "endoskeleton" designed for the phone, which Google calls Project Ara. Flat rectangular "modules" can be slotted into this frame, where they will be held in place by magnets, designers said.
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[BRIEFING.COM] The Nasdaq Composite (+0.5%) and S&P 500 (+0.2%) posted modest gains on Thursday, but not before enduring a morning dip into the red, which took place in reaction to reports indicating Russia has commenced military exercises on the Ukrainian border.
The news from Europe knocked the key indices from their early highs, while giving a boost to safe-haven assets like gold futures (+0.5% to $1290.80/ozt), Treasuries (10-yr yield -1 bps to 2.69%), and the Japanese yen (102.30 ... More
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