COMPANIES

Apple To Downgrade iCloud Storage Sept 30; How It Impacts Customers

Apple plans to downgrade its free iCloud storage offered as complementary space to MobileMe customers. In an email sent to iCloud subscribers, Apple has stated that 20GB storage offered to MobileMe customers and who continued to stay with Apple during iCloud transition will cease to enjoy their complementary services Sept.30.
More news
IBTimes Logo

iOS 6's Passbook Embraced By StubHub, Ticketmaster, Starbucks: Will Apple’s New App Surpass NFC As The Standard For Mobile Payments?

Shortly after Apple's launch of iOS 6 on Wednesday, developers are already flocking to the new operating system's organized mobile payments storage application, Passbook. With major online ticket retailers and services like StubHub, Ticketmaster, and Fandango all jumping on the Passbook bandwagon, Apple may have gained an early lead in the mobile payment marketplace even as new enterprising operations like Square and eBay try their hands at integrating credit card transactions with smartphones and mobile devices.
IBTimes Logo

Nike Plans $8B Share Buyback

Nike Inc (NKE.N) is beefing up its capacity to use its cash to purchase its own shares, with the board of the world's largest sportswear maker approving an $8 billion buyback program.
Ford Motor Co.'s Emblem

Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.
Apple (AAPL)

Apple Tops $700 Mark, Year After Hitting $400

Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.