It is three months since Apple announced a whopping $100bn return of cash to investors, topping up its existing $45bn dividend plans with what it billed as the biggest share buyback scheme in American corporate history.
In the weeks that followed that announcement, Apple’s shares soared, finally emerging from the months-long funk that saw them dip below $400. But that rally went into reverse as soon as Apple paid its next dividend on May 9. Read more
Example of a space selfie, from Planetary Resources' kickstarter page
More than 17,600 people have raised $1.5m for a space telescope Kickstarter campaign, with the majority to receive a picture of themselves from outside the Earth’s atmosphere, writes Connor Radnovich
Yes, a selfie from space.
Planetary Resources – the ambitious space mining company backed by Larry Page and Eric Schmidt of Google alongside other investors such as Ross Perot Jr, raised the money over a 33-day campaign. Read more
Leap Motion, a radical new device for controlling computers using hand movement, isn’t even on sale to the general public yet. But Highland Capital Partners, already an investor in the San Francisco startup, is putting another $25m behind a new fund for companies looking to build on the Leap platform. Read more
No wonder Tim Cook has escalated Apple’s position on the television market from “hobby” to “area of intense interest” in recent months. New figures from Apple suggest that it’s making at least $3m a day from TV and movie downloads. Read more
The privacy row over Google Glass has forced Google do an unusually Apple-like thing: block applications.
Despite repeated attempts to reassure the public that Google would not include face recognition in its Glass project without the appropriate privacy controls, the search giant has been unable to silence privacy campaigners or curb the aspirations of third party developers who are keen to exploit the new technology. Read more