Apple wants records labels to take smaller cut of streaming revenues

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apple music app
Music streaming has been a life saver for record labels.
Photo: Ste Smith/Cult of Mac

Negotiations for new Apple Music deals are currently underway with record labels and this time around Apple wants to come away with a much bigger cut of the revenue after overpaying for the last two years.

The company is likely to get its wish too, according to a new report that reveals the labels are supposedly open to the possibility of taking a smaller share as long as Apple Music is able to continue growing.

Tim Cooks talks HomePod pricing, and why AR makes him want to ‘scream’

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Tim Cook was ranked the nation's top CEO by ExecRank.
Tim Cook's interview covers a range of topics.
Photo: Jim Merithew/Cult of Mac

Bloomberg has released some more highlights from its recent conversation with Tim Cook, touching on a number of important topics.

Having already confirmed Apple’s interest in self-driving car systems, Cook now speaks about Steve Jobs, why he doesn’t spend any time thinking about his legacy at Apple, Apple’s $1 billion advanced manufacturing fund, his response to accusations that Apple isn’t as innovative as previously, and more.

Check out a few highlights below.

Apple issues $1 billion green bond to fight climate change

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Can solar farms feed yaks?
Yak-friendly solar farms are one of Apple's big green projects.
Photo: Apple

Apple is putting its money where its mouth is when it comes to fighting climate change.

This morning, the iPhone maker issued a new $1 billion bond on with a special rule that proceeds raised from the bond sale will go towards investment in renewable energy projects.

Tim Cook calls self-driving cars ‘mother of all AI problems’

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And here it is in all its glory.
Cook confirms that Apple is interested in autonomous systems for cars.
Photo: Motor1

Tim Cook has shared some details on Apple’s electric car plans, describing self-driving cars as “the mother of all AI projects.”

“We’re focusing on autonomous systems,” Cook said in an interview with Bloomberg Television, which was conducted on June 5, but only published online today. “It’s a core technology that we view as very important … It’s probably one of the most difficult A.I. projects actually to work on.”

Apple is already manufacturing its Siri-powered speaker

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The Amazon Echo may finally have competition from Apple.
The Amazon Echo may finally have competition from Apple.
Photo: Jim Merithew/Cult of Mac

Apple’s grand unveiling of its Siri-powered home speaker could come as soon as next week, according to a new report that claims production on the new device is already underway.

Whispers that Apple is working on a speaker to rival the Amazon Echo and Google Home have been swirling around the rumor mill for months. Even though Apple execs have downplayed the possibility of a Siri speaker in the past, but it looks like it’s about to become a reality. And it will boast some new tech its rivals don’t have.

T-Mobile and Sprint begin informal merger talks

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T-Mobile CEO John Legere.
T-Mobile CEO John Legere.
Photo: T-Mobile

A merger between Sprint and T-Mobile could be back on the table, according to a new report that claims informal talks between the two carriers sparked up again this week.

Sprint attempted to acquire T-Mobile back in 2014 but the deal fell apart because of regulatory concerns. Now the heads of both companies have expressed to investors that they’re willing to consider consolidating again.

Apple’s self-driving Lexus gets caught on camera

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Apple's Lexus is decked out in sensors.
Apple's Lexus is decked out in sensors.
Photo: Bloomberg

Apple’s self-driving cars have been spotted in the wild for the first time, giving fans an early peek at the tech that could change roads forever.

The California DMV issued a permit to Apple earlier this month allowing it to test its self-driving cars on public roads. Apple is only registered to drive three Lexus cars around Silicon Valley, but the company is wasting no time in its efforts to catch up to the competition.

Apple convinces 3 more suppliers to switch to renewable energy

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One of Apple's many solar farms.
One of Apple's many solar farms.
Photo: Apple

Three more of Apple’s suppliers say they are committed to making the switch from energy generated from fossil fuels to using 100% renewable energy to make iPhone components.

Despite Donald Trump’s plan to roll back environmental regulations, Apple Inc is continuing on with the promises it made under the Obama administration. Even though it may cost more money initially, Apple’s partners are starting to realize the change is good for business too.

How to watch Clinton vs. Trump debate on Apple TV and iOS

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No matter who wins, we all lose.
No matter who wins, we all lose.
Photo: DonkeyHotey/Flickr

The first debate between U.S. presidential nominees Hillary Clinton and Donald Trump is set to kick off tonight at Hofstra University in New York — and you can catch all the action on any Apple device.

Apple updated its “Watch the Debate Live” section today on both App Stores for iOS and Apple TV, giving users multiple places to catch what is expected to be the most-watched political debate in history.

Here’s how to livestream it: