Bloomberg

Peloton is looking for a major company like Apple or Amazon to buy a stake of around 20 percent in its business in an effort to improve the company's fortunes amid dwindling demand for its products and fierce competition from services like Apple Fitness+, according to a report from Bloomberg. Sources believed to be familiar with the matter speaking to Bloomberg's Mark Gurman and Ed Hammond...

The iPhone 14 models will deviate further from the ‌iPhone 14‌ Pro models with different chips and Wide cameras, according to Bloomberg's Mark Gurman. In his latest "Power On" newsletter, Gurman supported a range of rumors about the ‌iPhone 14‌ lineup and affirmed that Apple is still working on satellite connectivity features. Gurman outlined how Apple is aiming to further differentiate its...

Apple is internally testing several variants of the next-generation M2 chip and the updated Macs that will be equipped with them, reports Bloomberg, citing developer logs. There are "at least" nine new Macs in development that use four different M2 chips that are successors to the current M1 chips. Apple is working on devices with standard M2 chips, the M2 Pro, the M2 Max, and a successor to ...

Apple plans to bring satellite connectivity to the Apple Watch in the future, which would allow for emergency texting and SOS response features directly on a wearer's wrist, Bloomberg reports. Before the iPhone 13 launch last fall, a flurry of reports had suggested the 2021 ‌iPhone‌ lineup would feature "LEO," or satellite connectivity. Satellite connectivity would enable the ‌iPhone‌ to...

Apple is still planning to add body temperature monitoring and new health features to the Apple Watch this year, despite experiencing development problems with blood pressure and blood glucose monitoring, in addition to multiple new features in the iPhone's Health app, according to Bloomberg's Mark Gurman. Apple has reportedly been working on an updated sensor for the Apple Watch that is...

watchOS 9 will feature a new power-saving mode that will let users use an Apple Watch and its apps and features without taking up a significant amount of battery life, Bloomberg's Mark Gurman reported today. Currently, the Apple Watch features "Power Reserve" mode, which greatly limits Apple Watch functionality to only show users the time. With watchOS 9, Apple is looking to port over Low...

Apple is working on a multiyear plan to bring its financial services in-house in the future, cutting down on the need for financial partners like Goldman Sachs, reports Bloomberg. Apple is developing payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling, plus it is working on tools for calculating interest,...

Apple is developing a hardware subscription service that would allow customers to "subscribe" and receive an iPhone or other Apple device as part of their subscription, similar to the way current Apple subscriptions like iCloud work, reports Bloomberg. Customers would be able to pay a monthly subscription fee and gain access to a device for the subscription period. This would be ideal for...

Apple is planning to unveil an updated version of the iPhone SE with 5G and a new iPad Air at an event that's set to take place in March, reports Bloomberg's Mark Gurman. Apple is said to be targeting Tuesday, March 8 for the ‌iPhone SE‌ event. As we have heard several times before, the new ‌iPhone SE‌ will look similar to the 2020 version that's modeled after the iPhone 8, but it will...

Apple is working on a new payments service that will allow iPhones to accept payments directly on device with no additional hardware, reports Bloomberg. Right now, iPhones can accept credit cards with add-ons like the Square Reader, but Apple's new technology will eliminate the need for a third-party product. Individuals and small businesses will be able to accept payments with the tap of a...

Apple's long-rumored AR/VR headset could be delayed until 2023 after being beset with issues during the development process, according to Bloomberg. Concept render based on purported leaked information by Ian Zelbo Citing people familiar with Apple's plans, the report claims that Apple originally planned to launch the headset in 2021 and ship it this year. The company then set its sights on...

Apple's rumored augmented reality (AR) and virtual reality (VR) headset will focus on gaming, media consumption, and communication, according to Bloomberg's Mark Gurman. Concept render of Apple's rumored AR headset by Antonio De Rosa Gurman, who often reveals accurate insights into Apple's plans, outlined the broad use-cases that users can expect from the company's mixed reality headset in...

Apple is preparing to update three of its iPad models in 2022, including the entry-level ‌iPad‌, iPad Air, and iPad Pro, according to Bloomberg's Mark Gurman. In his latest "Power On" newsletter, Gurman reiterated Apple's plans to release a new ‌iPad Pro‌ in 2022, featuring a new design and wireless charging, and clarified the company's intention to release new versions of the entry-level ‌iP...

Apple is working on five new Macs for launch in 2022, including a new version of the entry-level MacBook Pro, according to Bloomberg's Mark Gurman. In the latest edition of his "Power On" newsletter, Gurman said that he expects Apple to launch five new Macs in 2022, including: A high-end iMac with Apple silicon to sit above the 24-inch ‌iMac‌ in the lineup A significant MacBook Air...

Apple device shortages threaten to undercut what could otherwise be a record-setting holiday season for the company, reports Bloomberg's Mark Gurman. Not long after Apple's iPhone 13 launch in September, shipping estimates for all models began slipping by several weeks. This trend was replicated for the iPad mini, ninth-generation iPad, Apple Watch Series 7, and most recently, Apple's new Mac...

Apple has discussed launching a cloud-based gaming service to rival the likes of Xbox Cloud Gaming and Google Stadia, according to Bloomberg's Mark Gurman. In his latest "Power On" newsletter, Gurman explained that Apple has considered launching a cloud-based game streaming service like its competitors (emphasis our own):Apple's gaming service is somewhat unique, relying on games that run on ...

Apple is looking to expand CarPlay's functionality to include controls for core car functions such as the air conditioning system, radio, speedometer, seats, and more, according to a new report from Bloomberg. The project, internally codenamed "IronHeart," is still in its early stages but would include Apple working with carmakers to expand ‌CarPlay‌'s functionality to control core car...

Apple supplier Foxconn has agreed to buy a former General Motors factory in Ohio, a move that potentially puts it in a better position to assemble cars for Apple, should the tech giant choose to formally enter the automotive sector in the future (via Bloomberg). Image credit: Dustin Franz/Bloomberg The purchase is part of a $280 million deal Foxconn has agreed with embattled automaker...

Despite the Apple Watch Series 7 reportedly facing production issues, Apple still plans to announce the new smartwatch alongside the iPhone 13 at its usual September event, but the device will be available in limited quantities at launch, according to Bloomberg journalist Mark Gurman. In the latest edition of his Power On newsletter, Gurman outlines three potential outcomes of Apple's...

Twitter is planning new privacy-related features that provide users with greater control over follower lists and who can see their posts and likes, reports Bloomberg. The plans are said to include an option to archive old tweets so that other users can't see them after a set period of time designated by the account holder (such as 30, 60, or 90 days, or a whole year), as well as the ability...