VENTURE CAPITAL POST

The technology giant Apple is set to introduce its sophisticated mobile payment system- Apple Pay in Britain this summer, according to a report by Telegraph, citing industry sources.

Apple launched Apple Music on Monday, a $9.99-a-month streaming music service that may not differ dramatically from competitors but comes with Apple's deep music roots, global brand and hundreds of millions of iTunes customers.

Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers in San Francisco on Monday.

Apple Inc had scrapped plans of introducing an ultra-high-definition television set more than a year ago, Wall Street Journal said citing sources familiar with the matter.

Billionaire investor Carl Icahn said on Monday Apple Inc's (AAPL.O) stock was "still dramatically undervalued" and that it should be trading at $240, nearly double its current price.

Apple Inc (AAPL.O) beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.

About 6 percent of U.S. adults plan to buy Apple Inc's smartwatch according to a Reuters/Ipsos poll, with men twice as likely as women to purchase Apple boss Tim Cook's first new major product.

The Brazilian iPhone was meant to mark a new era. When Taiwan's Foxconn Technology Group agreed in April 2011 to make Apple products here, President Dilma Rousseff and her advisers promised that up to $12 billion in investments over six years would transform the Brazilian technology sector, putting it on the cutting edge of touch screen development. A new supply chain would be created, generating high-quality jobs and bringing down prices of the coveted gadgets.

Apple Inc's (AAPL.O) "beautiful" and "stylish" smartwatch could make life easier for people on the move, reviewers say, but the gadget gets poor marks for battery life and slow-loading apps.

Microsoft Corp said on Thursday it is bringing one of its most popular apps, which lets people take photos of a document and turn it into a editable file, to Apple Inc's iPhone and Google Inc's Android.

Italian prosecutors have wrapped up an investigation into allegations U.S. tech giant Apple (AAPL.O) failed to pay corporate taxes to the tune of 879 million euros ($964 million), two sources said on Monday.

Tag Heuer, French luxury group LVMH's (LVMH.PA) biggest watch maker, said it will launch a smartwatch later this year using Google Inc's (GOOGL.O) Android operating system in a venture with Intel Corp (INTC.O) to compete head-on with the Apple Watch.

About 40 percent of adult Apple iPhone owners in the United States are interested in buying the company's new Apple Watch, according to a new Reuters/Ipsos poll.

Apple Inc (AAPL.O) is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division.

Viacom Inc's Nickelodeon unveiled on Wednesday a paid streaming service for children called Noggin that will launch on March 5 for $5.99 a month.