Morning Beat: Apple Inc. (AAPL), Twitter Inc (TWTR), and Alphabet Inc (GOOGL)


Apple Inc. (NASDAQ:AAPL)’s Lightning to SD Card Camera Reader has received a minor update intended to make it more effective. The Lightning SD Card Camera Reader will now include support for USB 3.0 support for the iPad Pro. In addition, it should be able to fall back to USB 2.0 for iPhones and other iPads.

People with high-speed memory card should be able to enjoy fast transfer speeds on the iPad Pro with the updated reader. The update is especially suited for 4K videos that many people cherish on Apple Inc. (NASDAQ:AAPL)’s iPad Pro.

Apple Inc. (NASDAQ:AAPL) has put on hold plans to launch a live Internet-based TV service. According to Bloomberg the company has switched its focus to developing a platform that hosts content from other media companies. However, that does not mean it has given up completely on releasing a live-TV service in future.

Even though Apple Inc. (NASDAQ:AAPL) has run into resistance from media companies, it is still planning to launch a package that plays host to 14 or so channel. The package could be priced at $30- $40 a month. Media companies demanding more money for their programming could somehow delay the launch of the service.

Twitter Inc (NYSE:TWTR) is experimenting a new format for its timeline that if launched will sort tweets based on their relevance rather than in reverse chronological order. Faced with slowing user growth the microblogging site has been forced to come up with new ways for triggering growth.

During the second quarter earnings call, CEO, Jack Dorsey, reiterated that they will continue to tweak the timeline in a bid to make the site more interesting. Interfering with how tweets appear by paying more attention to relevance is however not going well with some users.

Twitter Inc (NYSE:TWTR) has until now been seen as the go-to place whenever one wants to know what is happening at a particular time. Showing tweets out of order could interfere with that, something some users are not taking lightly

Alphabet Inc (NASDAQ:GOOGL)’s plan to bring people online through affordable internet connections continues to gain traction. The search giant has launched its first Wi-Fi network in the Ugandan Capital. Kampala becomes the first city in the world that the search giant has touched ground on, as part of an effort to provide high-speed internet connection.

Alphabet Inc (NASDAQ:GOOGL) will make the wireless broadband network available to local internet providers who will charge customers for access. The network is already available in 120 key locations in the city. Uganda has about 8.3 million Internet users accounting for 23% of the total population.

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.

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