Apple scoops up talent, tech from bankrupt music pioneer Omnifone

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apple music app
Omnifone's tech is already inside Apple Music.
Photo: Ste Smith/Cult of Mac

To beef up its streaming music service, Apple has hired some key employees from Omnifone, a company that was a pioneer of in music streaming industry.

Rumors floated this summer that Apple was looking to acquire Omnifone after the company filed for bankruptcy. Instead of buying the whole thing though, a new report claims that Apple instead bought some of parts of Omnifone’s tech and workforce.

Apple poaches top talent from iPhone 7 GPU chipmaker

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A10 processor
Custom graphics chips could be Apple's next big move.
Photo: Apple

Apple is siphoning talent from one of its key partners, Imagination Technologies, which makes the graphics chip for the iPhone 7.

The British chipmaker was rumored to be in acquisition talks with Apple earlier this year. Apple told the press it wasn’t interested in buying Imagination Technologies, but based on a slew of recent hires, the iPhone-maker does want its employees.

Apple loses to Facebook and Google as top talent attractor

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Tune in live Wednesday, September 7 for Apple's iPhone 7 keynote.
Employees love working at Apple.
Photo: Milo Kahney/Cult of Mac

Apple is one of the top 5 companies in the U.S. when it comes to attracting and keeping talent, but its rivals Facebook and Google are even better.

LinkedIn has come out with its first ever Top Attractors list based on insights from tracking billions of data points of its 433 million members and discovered that in the employee perks arm race, few can top Google.

Apple is ‘biggest destroyer of wealth this year’

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Apple stock
Apple stock is leading the way for losing investors money.
Screenshot: Evan Killham/Cult of Mac

We can add another award to Apple’s long list, although the company might not be too happy to accept it: The iPhone maker’s stock lost the most value of any tech company this year.

The news comes out of a study from USA Today that reports a shocking average 14 percent decline in value from 462 tech companies. That drop resulted in total losses of $529 billion, but Cupertino is the lead horseman in this year’s stockpocalypse.

Is this Apple exec poking fun at Project Titan sleuths?

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Apple car concept art side doors
If Apple really is working on an electric car, DJ Novotney has one heck of a sense of humor.
Photo: Aristomenis Tsirbas/Freelancer

An Apple exec reportedly working on the company’s secret car project might be playing mind games with the Apple Kremlinologists searching for clues.

Is it the tech world’s biggest insider joke, or a sly hint that Apple’s automotive ambitions are real?