Apple tried to buy Tesla for more than it is currently worth back in 2013, according to one analyst.
The iPhone-maker is said to have made a bid at around $240 a share. Tesla CEO Elon Musk had already tried to offload his company to Google when its future wasn’t looking so bright.
U.S. shopping malls are losing customers at an alarming rate and there appears to be little Apple can do to help save them.
Apple stores are usually viewed as an anchor store for malls because of their high sales volumes and foot traffic they bring in. But a new study found that experimental tenants like Apple aren’t drawing in extra traffic.
Proud Tesla owners can pick up an iPhone case designed by the company that made their car.
A pair of these can be purchased on the new Tesla store on Amazon. There are some other products as well, like car models.
Another alleged Chinese spy has been caught apparently trying to steal secrets from Apple’s mysterious self-driving car project.
The FBI reportedly arrested a Chinese national working for Apple the day before he planned to fly back to China with thousands of files on his laptop, including Apple’s intellectual property. He was reportedly planning to take all the info to a Chinese electric car manufacturer.
Tim Cook sounded confident about Apple’s future when he got on today’s Q1 2019 earnings call with investors this afternoon. Despite slumping iPhone sales and declining revenues, Cook told investors that his company is being managed for the long-haul instead of short-term gains.
Wall Street is already responding positively to Apple’s earnings report with shares trading up in after-hours trading. The company has 1.4 billion active Apple devices in the world, positioning Apple to continue raking in money as no other company can. However, today’s call revealed some new challenges Apple faces going forward.
Oracle CEO Larry Ellison, the close friend of Steve Jobs who Jobs’ kids called “our rich friend,” has joined Tesla as a member of its board.
Ellison was the first person Jobs sought to join Apple’s board of directors after Jobs resumed control of Apple in the 1990s. He stayed until the early 2000s. Interestingly, in recent years Tesla and Apple have been considered rivals more often due to both of their work in building tech-heavy car projects.
Andrew Kim used to be a senior designer at Tesla where he contributed to the development of numerous car models. Recently, however, he joined the list of people who’ve left that car company for Apple.
It’s not yet known what projects Kim is working on for his new employer, but he could be contributing to Apple’s autonomous vehicle project. That said, Kim’s design experience extends beyond cars.
Elon Musk doesn’t think that Apple products “blow people’s minds” in the same way that they did at one point in time.
The Tesla and SpaceX CEO briefly shared his thoughts on the company during an hour-long interview with Recode‘s Kara Swisher. While Musk noted that he still uses an iPhone, he also gave the impression that he views Apple as a company whose most exciting days may not be ahead of it.
Always wanted a Tesla but don’t have a cool $50K sitting in the bank? Well, Elon Musk just released a new product to satiate your Tesla lust. It doesn’t have four wheels or an Insane Mode. But it will keep your iPhone powered up all day.
Meet the first Tesla wireless phone charger.
Apple has hired away numerous Tesla employees since the end of last year — and not just to work on its Apple Car efforts, either.
According to LinkedIn data, 46 former Tesla employees have joined Apple since late 2017: either leaving the company directly for Apple, or being dismissed and then joining. These include manufacturing experts, security and software engineers, supply chain authorities, and more. And Tesla has an official statement to make about it.
Tesla is struggling to get its cars into customer’s hands. Apple is quietly developing its own self-driving car. The two should team up, according to one investor.
Apple would provide its long experience in bringing high tech products to market. Tesla would contribute fresh ideas to the partnership.
Doug Field, a former Vice President of Mac Hardware Engineering at Apple, has returned to the company after spending several years at Tesla.
The interesting part? At Tesla, Field was employed as the Vice President of Vehicle Programs with a role overseeing development of new electric vehicles for the company. Now that he is back at Apple, he is reportedly working as part of the “Project Titan” Apple Car group.
Apple made more money last quarter than it ever has in the company’s history, but despite bringing home $88.3 billion in revenue, not all investors were impressed.
Wall Street walked away from Apple’s Q1 2018 earnings with mixed reviews. Money and cash is at an all-time high, yet there are some worrying signs that iPhone sales are about to hit another slump and new products like HomePod aren’t doing much to excite the market.
Here are the five biggest takeaways from today’s call:
Update: Nvidia reached out to Cult of Mac to explain that “recent press accounts about our latest software patches are incorrect.” We have updated the article below to clarify.
Nvidia has rolled out security updates for its graphics cards following widespread chip flaws. Its most popular products, including GeForce and Quadro, are being updated to combat the Meltdown and Spectre memory vulnerabilities.
2017 was a pretty damn good year for the world’s most profitable tech company.
Apple did much more than rake in more cash than any company this year. Cupertino also pushed out its most impressive product lineup ever, laid the groundwork for the future of augmented reality, moved into a new spaceship campus, battled other tech giants and got tossed into the political spotlight.
Apple dominated the tech scene in 2017 more than any other company. Here’s a recap of some of the year’s most memorable Apple moments.
Tesla is considering launching its own streaming music service, and it’s already in talks with players in the music industry about doing so.
According to a new report, Tesla has held conversations with all the major music labels about launching its service — which would come bundled with its cars, as opposed to being a standalone service like Apple Music.
Chris Lattner, the man who helped create the Swift programming language before leaving Apple for Tesla, has departed his new role just six months later.
Lattner confirmed the move on Twitter, saying Tesla wasn’t “a good fit.” He’s now looking for new lead engineering roles.
President Donald Trump is considering pulling out of the Paris climate agreement, but some of the biggest names in tech are begging him to stay in, including Apple CEO Tim Cook.
Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.
The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.
Getting behind the wheel of one of Apple’s self-driving cars requires drivers to pass a series of tests, based on new information about the secretive project that leaked out today.
Details of Apple’s self-driving car program have been revealed by documents filed with the California DMV that shed light on the “Apple Automated System” currently under development.
Apple’s self-driving car project just shifted to a new level this week thanks to California’s DMV which just gave Apple an official permit to test autonomous vehicles on public roads.
The battle between Apple and Tesla to attract top talent revved up to a new level this week after another key employee for the iPhone-maker defected to Elon Musk’s auto company.
Matt Casebolt, who made key contributions to the design of the original MacBook Air, has reportedly left the company to work as an engineer for Tesla.
Apple will soon lose the veteran coder who helped make Swift one of the fastest-growing computer languages in the world.
Chris Lattner, who has worked as Apple’s director of developer tools for the past few years, revealed today that he is leaving the company to join Tesla.
Waymo offered a first look at its fleet of hybrid Chrysler Pacifica minivans today, showing off vehicles that pack an array of sensors and software that enable autonomous operation.
The self-driving fleet of 100 minivans from Waymo (which is run by Google’s parent company, Alphabet) will hit the streets in early 2017.
Just as Cupertino is scaling back its automotive ambitions, key members of the Apple PR team have left the company for car manufacturers.
