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Amazon becomes the next $1 trillion company after Apple

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$1 trillion
Amazon became only the second company, behind Apple, to reach the $1 trillion market valuation.
Photo: Roberto Baldwin/The Next Web

Amazon became the second member of the $1 Trillion Club this morning – then left it after stock prices dipped.

Amazon crossed the threshold at $2050.27, five weeks after Apple was first to reach $1 trillion. By early afternoon, Amazon shares were trading at $2,035.64.

Grab the new iPhone XS wallpaper right here

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iphone XS
Behold, the iPhone Xs.
Photo: 9to5Mac

You don’t have to wait for Apple to start shipping the new iPhone XS to get the gorgeous new wallpaper that comes with it.

After leaking images of the 2018 iPhones along with the Apple Watch Series 4, 9to5Mac has also unearthed the raw image of the amazing new wallpaper that will come with the new iPhone models.

Here’s what it looks like:

Apple raises cash for victims of India’s killer floods

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flood relief
Apple is asking customers to consider a donation to flood relief efforts in India.
Screenshot: iTunes

Customers shopping the iTunes or App stores are being asked to consider monetary donations for flood relief in Kerala, India.

Banners seeking donations began appearing on both sites Wednesday and directed concerned customers to button presents that make donations in increments of $5, $10, $25, $50, $100 and $200.

Busted! Samsung uses stock photos as proof of camera quality

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Samung tweets
Samsung Brazil said it accidentally used stock photos when trying to show off on Twitter the camera of the Galaxy A8.
Photo: Feliperas/Twitter

When Apple wants to show off the camera quality of its latest iPhone, it mines social media for user photos by searching the hashtag “Shot on iPhone.” Apple then has plenty of actual iPhone images it then licenses for advertising.

But when Samsung tried to tout the camera of the Galaxy A8 in a recent Twitter campaign, it used stock photos most likely shot with DSLR cameras.

Apple could face new encryption fight in Australia

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encryption
A bill in Australia could force tech companies to give law enforcement a "backdoor" to encrypted data that is part of a suspected crime.
Photo: orangesparrow/Flickr CC

Apple executives could face jail time and multi-million dollar fines if they refuse to hand over private encrypted data linked to suspected crime under a law proposed today in Australia.

The proposed change in telecommunication intercept law will be presented to parliament by Australia’s Ministry for Law Enforcement and Cybersecurity. The law would require all technology companies, from Apple and Google to Microsoft and Facebook, to essentially create a so-called “backdoor” to access encrypted data.

Cult of Mac Magazine: iOS 12 vs. Android 9 Pie, and more!

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In this week's Cult of Mac Magazine: Which wins the features arms race, Android 9 Pie or iOS 12? Here's how they compare.
Photo: Ste Smith/Cult of Mac

In this week’s Cult of Mac Magazine: How does Apple’s upcoming mobile operating system compare to the new Android platform? We give you a blow-by-blow comparison of all the best (and worst) features.

You’ll find that top story and much more. See why you should use Do Not Disturb at Bedtime 24/7. Plus: Learn how to connect an external keyboard to your iPad. Get your free subscription to Cult of Mac Magazine from iTunes. Or read on for this week’s top stories.

Cult of Mac Magazine: Apple snatches the $1 trillion crown, and more!

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In this week's Cult of Mac Magazine: The long race to see which U.S. tech giant will become the first company worth $1 trillion is finally over. Apple won.
Photo: Ste Smith/Cult of Mac

In this week’s Cult of Mac Magazine: It’s official. Apple beats Amazon to the coveted $1 trillion valuation. Tim Cook plays it cool, telling staffers it’s “not the most important measure of our success.”

You’ll find that top story and much more. Check out the the biggest takeaways from Apple’s Q3 earnings call. Feast your eyes on the iPhone X Plus and new LCD iPhone. Plus: Learn how to use the iPhone camera’s manual controls. Get your free subscription to Cult of Mac Magazine from iTunes. Or read on for this week’s top stories.

On Apple’s trillion-dollar day, Guy Kawasaki wishes he was there

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Guy Kawasaki
Apple reaching a $1 trillion value gives Guy Kawasaki a lot to think about.
Photo: Guy Kawasaki

Guy Kawasaki made history with Apple. So you would expect he would have a lot to say today when stock prices surged high enough to make his old employer the first trillion dollar company.

For one thing, the marketing guru behind the success of the Macintosh computer wishes he hadn’t turned down an offer from founder Steve Jobs to return to Apple.

This SD card reader will satisfy the Apple user’s need for speed

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UHS-II card reader
This card reader will make you forgive Apple for taking away the SD card slot on the MacBook Pro.
Photo: Satechi

Some frustrated creatives believe Apple is abandoning them and will point to the removal of the SD card slot on the MacBook Pro as one example. A new high-speed card reader by Satechi could ease that anxiety.

The brushed aluminum Type-C Micro/SD reader will be especially valuable to photographers and videographers routinely pausing their workflow to transfer large, high-resolution files. This reader is equipped with UHS-II, which carries a transfer rate of 312 MB/s.

Luxury Adam and Eve iPhones will tempt you in the best way

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Caviar
For a few thousand dollars, you can give into temptation.
Photo: Caviar

Every time Vladimir Putin so much as sneezes, Russian luxury brand Caviar commemorates the occasion with a gold-plated iPhone sporting the president’s intimidating mug.

But the designers and meticulous jewelers took a pause of Putin for its latest blinged out iPhones to tell a Biblical story about temptation in the Garden of Eden.

$10,000 gold AirPods aren’t a sound decision

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gold AirPods
Spend like a rock star these 24K yellow gold AirPods.
Photo: Brikk

Lose one of your AirPods and you might be mad that you have to pay the Apple Store for a replacement.

But basic anger and $69 won’t begin to cover the loss of an AirPod when the set was purchased through accessory company Brikk, which offers a pair in 24K yellow gold for $10,000.

Future iPhones may pack moving camera sensors for external lenses

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Moment lens on iPhone
Don't retire that wide-angle lens attachment just yet.
Photo: Moment

A lens attachment can extend the view of your native iPhone camera. It can also botch an otherwise nice image if not attached properly.

Apple is suggesting hardware and software changes to the iPhone and iPad camera systems that can reduce operator error and aid an extra lens in delivering that promised DSLR quality.

Samsung smack-talks iPhone X with more ‘Ingenious’ ads

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Ingenious
Samsung hits Apple with three more blows in commercials for the Galaxy S9.
Photo: Samsung

Samsung continues tyring to sell smartphones with advertising that gives more airtime to Apple.

Three more commercials in Samsung’s “Ingenious” campaign went public today with a belief in accentuating the negative. Each exploits a different criticism of the iPhone X – the need for a dongle, the lack of a fast charger and a camera that gets lower test scores than the Galaxy S9.

Speedy Blackmagic eGPU won’t do much for photographers

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Blackmagic eGPU
Not so fast! Well, where post production for still photography is concerned.
Photo: Blackmagic

The futuristic design of the Blackmagic eGPU, which Apple is selling to MacBook Pro users who need the graphics processing power of a desktop, makes it look blazing fast.

But fast is an action, not an aesthetic, and in the opinion of one reviewer, photographers thinking of spending $699 should save their money.

Foxconn starts Silicon Valley invasion with new AI company

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Terry Gou
Foxconn founder Terry Gou (right) says he's making the U.S. a bigger focus in 2020.
Photo: Voice of America/Wikimedia Commons

Foxconn Technologies is starting a new company in California’s Silicon Valley to concentrate on artificial intelligence for factory floor automation.

The plan comes as Foxconn looks for ways to deal with the slowdown of smartphone sales globally, demands for higher wages and a changing workforce that is sidestepping manufacturing. Foxconn assembles thousands of iPhones and iPads and is among Apple’s biggest contractors.

Amazon may beat Apple to become first $1 trillion company

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$1 trillion value
Apple is heading toward a $1 trillion market cap. But could Amazon get there first?
Photo: Pierre Marcel/Flickr CC

Apple’s market value will eventually top $1 trillion, but Amazon is evolving more and more as if it will get there first.

The gap has rapidly narrowed between the two company’s market values. Apple, always believed to be the first company to reach $1 trillion started out the year with stock valued 50 percent higher than Amazon’s.

That gap is now just 10 percent.

Amazon tops Apple as most valuable U.S. brand

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Apple adds 5 new vice presidents to its executive lineup
Apple adds 5 new vice presidents to its executive lineup
Photo: Lyle Kahney/Cult of Mac

When Tim Cook wants to know how Apple is doing, it’s doubtful he turns to some research group’s published rankings of brands and companies with the most value, most love or most intimacy with its customers.

So for what it’s worth to the CEO or, for that matter anyone else, Apple is the second-most valuable U.S. brand, according to a new report published today by the group Brand Finance.

People only love five companies more than Apple

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most loved brands
Apple gets plenty of love from its customers according to the Netbase report of Most Loved Brands.
Photo: Viktoria Fomchenkova

Apple placed sixth on the NetBase report of Most Loved Brands of 2018 while the five that scored higher wouldn’t get so much love without Apple devices.

In NetBase’s fourth-annual survey, Instagram was No. 1, followed by YouTube, Facebook, Amazon, and Google. The four brands rounding out the top 10 were Disney at No. 7, followed by Snapchat, Spotify, and Netflix.

iPhone maker slams China’s overtime caps

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Terry Gou
But there's a definite chance of further delays.
Photo: Foxconn

Foxconn could assemble even more iPhones if China eased restrictions curbing factories from abusing overtime, the company’s CEO says.

Billionaire Terry Gou says China’s rules on overtime keep workers from earning more and puts limits on Foxconn’s competitive edge.

This Steve Jobs business card is a pricey addition to your Rolodex

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Steve Jobs business card
A Steve Jobs Apple business card and three sheets of letterhead is for sale on eBay.
Photo: MG Service/eBay

It’s hard to imagine Steve Jobs ever needing to pass out business cards. But even for titans of industry, business cards were standard issue and if you happened to have one from Jobs, its worth a few bucks.

A seller on eBay is hoping to get $9,000 for a couple of Jobs business cards and a few sheets of his Apple letterhead stationary.

Apple employees voice frustration with work culture under Tim Cook

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Tim Cook
Not everyone is happy at Apple under CEO Tim Cook.
Photo: Jim Merithew/Cult of Mac

Maybe it was the standing desks. Apple employees are voicing growing discontent for the workplace under boss Tim Cook, according to employee surveys ranking the top 100 CEOs.

Cook’s spot on Glassdoor’s annual list was 96, down from 53 a year ago in what was the biggest fall for a tech CEO on the list.

Want World Cup results? Just ask Siri

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Siri
Siri stands ready to answer your World Cup questions.
Photo: Apple

The 2018 World Cup will be loaded with one-name football stars: Ronaldo, Messi, Isco, Neymar and, new to the lineup, Siri.

Apple’s voice-directed digital assistant will keep tabs on the World Cup schedule, scores and stats across all devices thanks to updates to sports support for users in Brazil, Denmark, Finland, Malaysia, Turkey, Thailand, Israel, Saudi Arabia and host Russia. Sports support now comes to Siri users in 35 countries.