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IPO Watch: Square Hires Former Goldman Sachs Exec As CFO

Square

Co-founded in 2009 by Twitter cofounder Jack Dorsey, Square enables people to accept credit card payments on iPhone, iPad or Android devices... In a move that positions the company for a potential initial public offering, Square has hired former Goldman Sachs and Salesforce.com executive Sarah Friar as chief financial officer.

Senh: Sounds like a really cool device. The things you can do nowadays with your smartphone or tablet. With Square, it can be a credit card reader too. Awesome.

 

Apple's iOS 6 Is Coming This Fall: Maps, Passbook, Siri and More

Apple Maps

Apple just unveiled a bunch of new iPhone and iPad features coming this fall in iOS 6, but no big surprises. The biggest new feature, as expected, is an entirely new Maps experience. Apple has taken over its maps back-end from Google, including a gorgeous 3D "flyover" mode, crowdsourced traffic information, Siri integration and turn-by-turn directions. (Public transit directions, a nice feature of Google Maps, seem to be missing. Perhaps Google will launch its own iOS Maps app now?)

The biggest new feature, as expected, is an entirely new Maps experience. Apple has taken over its maps back-end from Google, including a gorgeous 3D "flyover" mode, crowdsourced traffic information, Siri integration and turn-by-turn directions. (Public transit directions, a nice feature of Google Maps, seem to be missing. Perhaps Google will launch its own iOS Maps app now?)

 

iPhone app heats up debate over sexting

iPhone

Did "sexting" just get safer? Maybe, but probably not. A free and increasingly popular iPhone app called Snapchat allows users to take a picture, send it and control how the message is visible – between 1 and 10 seconds.

 

New wireless subscribers down sharply at AT&T

At&T First Quarter Earnings

When Verizon Wireless started selling the iPhone, AT&T sounded a defiant note, saying that its customers would remain loyal. A year later, it's clear that the Verizon iPhone has crimped AT&T's stride. Verizon had little problem attracting new customers before it started selling the iPhone. In fact, it was the only wireless carrier that managed to keep up with AT&T's iPhone-fueled growth.

 

January 14, 2007: Apple iPhone Will Fail in a Late, Defensive Move: Matthew Lynn - Bloomberg

iPhone

Few products have been launched with such a blizzard of publicity as Apple Inc.'s iPhone... The iPhone is nothing more than a luxury bauble that will appeal to a few gadget freaks. In terms of its impact on the industry, the iPhone is less relevant... Apple will sell a few to its fans, but the iPhone won't make a long-term mark on the industry.

Senh: It's a great read because it's just completely wrong on so many levels.

 

In a Long Distance Relationship? This App Is for You

Oleg Kostour moved from Canada to Mountain View to build a 3D software startup. Instead, he built an app to stay in touch with the girlfriend he left behind in Canada. The iPhone app, Pair, launched in the app store this week. It creates a private shared timeline for couples that allows them to easily swap SMS messages, photos, videos and locations.

 

$160 virtual doll iPhone app comes with 'intense sexual content' warning

iPhone Apps

Ranked No. 16 in the iTunes App Store's "Top Grossing Apps" is an app called "Girl With Clothes." Released March 13, we have some inkling about why this app is such an overnight success. It's probably the monster $160 price tag -- though the vague promise of "intense sexual content" probably doesn't hurt, either.

Senh: You know it's just a matter of time. I'm surprised it's taken this long.

 

Apple hit with Siri suit over what the program can really do

Ever find yourself frustrated with how smoothly Siri seems to work for the folks in Apple’s commercials but not for you? A New York man has filed a class-action suit against Apple, saying that the company has been “misleading and deceptive” about what the iPhone 4S virtual assistant can do.

 

Sprint posts deeper 4Q loss on iPhone costs

Sprint

The iPhone helped Sprint gain customers in the latest quarter, but also forced the carrier to post its largest loss in three years because of the high cost of the phone and a network upgrade.

Senh: Yay! Sprint can sell iPhones. Boo! They're losing money because iPhones are too expensive.

 

Analyst: China could bring 57M iPhone bump by 2013

Apple's iPhone was a hot seller in the company's first fiscal quarter of 2012, but that's nothing compared to what one analyst predicts we could see in just a couple of years' time. Morgan Stanley thinks Apple's efforts in China could pay big dividends by 2013.

 

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