Apple's event is all about cheap iPads and winning back education. Plus, Facebook fallout continues, a hack gets a strong Russian link and much more in The Daily Crunch for March 23, 2018. 1. Apple's event last week is about low-cost iPads Apple's holding a special event in Chicago on Tuesday dedicated to education. Apple doesn't usually hold flashy events for education-specific announcements, so you know they want people to pay attention. Word from Bloomberg is that they will debut lower cost iPads at the event, as well as new education-focused software. Apple has to do something to stem the tide turning students and teachers towards Chromebook and away from their hardware, so this could be something more affordable than even the $320 base iPad introduced last year. 2. Facebook faces shareholder lawsuits Fallout from Facebook's Cambridge Analytica privacy debacle continues: The company is now facing down lawsuits from its shareholders regarding the failure to prevent the data leak, and failing to disclose it after that. Shareholders are feeling the pain from the massive drop in stock price FB is currently facing. 3. Guccifer 2.0, hacker behind DNC 2016 hack, tied again to Russia This is the most direct evidence yet of a prevailing theory that Guccifer 2.0, the hacker behind the DNC 2016 spill that many cite as critically impacting those elections, is actually a Russian intelligence operative. 4. Dropbox prices for public debut today This long-awaited IPO drops today. The company was at the forefront of the consumer 'cloud' movement, and now it's all grown up. Sniff. 5. Nissan wants to sell 1 million electric cars per year by 2022 Nissan is hoping to sell a million electric vehicles per year, including all-electric and hybrid models, by 2022. It's part of its overall mid-term strategic plan, which also involves selling 1 million ProPILOT equipped cars with semi-autonomous highway driving features. 6. MoviePass is dropping its annual price All-you-can-watch theater film subscription service MoviePass is decreasing its annual pricing to just $89.95, which works out to around $6.55 per month, a significant discount from its regular price of $9.95. 7. Equity: Facebook's mea culpa and Dropbox IPO Yeah, it's been a busy week in news for publicly traded tech companies. The Equity crew has you covered. |
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