During yesterday’s press event at company headquarters in Cupertino, Apple CEO Tim Cook unveiled the iPhone 5s touting a 64-bit A7 processor with twice the number of transistors as its predecessor, promising speeds twice as fast. As rumored, the company is also offering the lower-cost iPhone 5c with polycarbonate design, starting at $99 with contract. In addition, Apple announced that its iTunes Radio service and redesigned iOS 7 are both scheduled to launch next week. Continue reading Apple Unveils New Smartphones, Sets Launch of iTunes Radio

Yesterday we reported that Apple will unveil new products at a highly anticipated press event scheduled for 10:00 AM PT from its headquarters in Cupertino, California. The company is expected to announce two new iPhone models: the 5S with a faster processor, improved camera and fingerprint reader — and the plastic, lower-cost 5C, intended to target emerging global markets. In previous event coverage, live streams of announcements were made available at the Apple Events page and via Apple TV. Continue reading Apple Event Scheduled for 10:00 AM Today from California

At a planned event tomorrow from its Cupertino, California headquarters, Apple is expected to announce two new iPhone models — one with a faster processor and another to be offered at a lower cost. As Apple’s profit growth has been impacted by a saturated handset market in the U.S. and parts of Europe, a lower-cost smartphone could allow the company to expand into other markets such as China and India, which would also mean new potential customers for iTunes movies, TV and music. Continue reading Apple Plans to Unveil Two New iPhones, Could Help Hollywood

Amazon unveiled its latest Kindle e-reader this week, an updated Paperwhite with improved front-screen lighting, greater contrast, more responsive touch panel and faster processor. Software updates will include integration of book recommendation site Goodreads, which the company purchased earlier this year. The new device is available for preorder for $119 — or $139 without ads — and will ship later this month. The $189 3G version will be released on November 5th. The online retailer also announced a program for buying discounted e-books. Continue reading Amazon Updates Kindle E-Reader Line with New Paperwhite

Most smartwatches currently on the market or in development are essentially extensions of one’s smartphone. But a really attractive smartwatch will be one that can offer contextual information when needed. Larger companies may have the edge in providing sources of data for using this type of information. An example of this potential functionality is a watch that integrates with Google Now, Google’s contextual search and personal data assistant. Continue reading Smartwatch with Google Now May Be Best Contextual Device

Steve Ballmer is retiring as CEO of Microsoft, leaving many to question what the next CEO will need to do in order to invigorate the company, boost morale and emphasize innovation. Ballmer is said to have focused more on sales and revenue, rather than experimentation, and did not fully develop many technologies the company began, some of which competitors would later turn into blockbusters. However, innovation under Ballmer is evidenced by departures such as the Kinect motion sensor and the interface of Windows 8. Continue reading Ballmer to Retire: What Challenges Lie Ahead for Microsoft?

Apple plans to launch iTunes Radio next month along with brand partners including McDonald’s, Nissan, Pepsi, Procter and Gamble, and possibly others. Apple’s new offering plans to compete with current streaming radio services such as Pandora. While the launch partners will benefit from exclusivity until the end of 2013, iTunes Radio will later be available to other advertisers. Apple also hopes to generate revenue by providing users with the option to purchase songs played via the service. Continue reading Apple Outlines Advertising Strategy for iTunes Radio Partners

Google introduced this week the first integrations between its Google Maps for Mobile and the newly acquired Waze traffic app (Google purchased Waze for $1 billion in June). Obstacles such as construction, accidents and road closures reported by Waze users will now be available via the traffic tab on the iOS and Android versions of Google Maps. The Waze app will support Google search, while its map editors will have access to Google’s satellite imagery and Street View. Continue reading Google and Waze Integrate Their Mobile Maps for First Time

New York-based startup Foursquare may have found its most lucrative business move yet, which involves monetizing data about venues and locations that has been collected from millions of check-ins. The company already monetizes data through a partnership with Gnip, which sells packaged data from social services like Twitter, but these efforts may be expanded in the future if Foursquare partners with Yahoo for the company’s location data. Continue reading Foursquare and Yahoo Discussing Potential Data Partnership

Several companies are developing systems and apps that use sound waves to transfer small pieces of data over short distances, and could simplify transferring funds electronically. This is an alternative to using near-field communication (NFC) to transfer data wirelessly. Many devices are ready to use sound technology, including simple and feature phones. There are problems in using sound especially in loud areas, but it has significant potential. Continue reading Companies Using Sound for Mobile Payments and Data Sharing

BlackBerry announced on Monday that its board of directors has formed a special committee and has hired JPMorgan Chase & Co. to explore strategic alternatives that could include joint ventures, strategic partnerships or an outright sale of the Waterloo, Ontario-based company. The news follows declining stock value in the wake of disappointing sales of new devices running BlackBerry 10 and a shrinking customer base for the company that helped pioneer the smartphone market. Continue reading Losing Ground to Apple and Google, BlackBerry Is Up For Sale

Facebook has agreed to acquire Pittsburgh-based Mobile Technologies, a developer of voice-recognition and speech translation tools. Founded in 2001, Mobile Technologies offers an automatic interpretation service for lectures and developed Jibbigo, a speech-to-speech translator app for iPhone and Android. The company’s goal has been to break “through language barriers to open up communication between the people of the world.” Continue reading Facebook to Acquire Developer of Speech Translation Tools

Impacted by the growing popularity of camera phones, compact digital camera sales continue to decline, especially for Canon and Nikon. Sales have also suffered among high-end cameras. Combined, Canon and Nikon had 44 percent of all global sales, according to IDC. Camera manufacturers are hoping that high-end models with interchangeable lenses will improve sales. These cameras have higher margins compared to compact cameras, approximately 15 to 25 percent, according to analysts.

Continue reading Compact and High End Cameras Suffer Due To Smartphones

We recently reported that the Obama administration had vetoed the International Trade Commission’s ban on the import of certain Apple iPhones and iPads, citing concerns of patent holders gaining “undue leverage.” The veto reversed an earlier legal victory for rival Samsung, which suffered another setback on Friday when the ITC ruled that the South Korean manufacturer had violated two of Apple’s patents — and issued an order banning the import of products using Apple’s multitouch features and headphone jack detection. Continue reading ITC Rules in Favor of Apple, Orders Ban on Samsung Devices

Facebook video ads are likely to debut this fall, instead of this summer. The debut has fueled much speculation regarding the amount of revenue that this will generate for the company. The video ads are expected to offer a new way to target advertising to non-broadcast TV watchers. It will be determined what form the much debated videos will take, and if the $2 million price tag will attract businesses and audiences on the Web and mobile devices. Continue reading Facebook Expected to Unveil Video Ads for Web and Mobile