Weekly Highlights: iOS 8 Maps Strike Back, Dreaming Of Tim Cook's Retirement And More
Depending on who you are and what you love, this may not have seemed like an overly eventful week.
After all -- if you don't love Twitter (NYSE: TWTR), you may not have cared that it went down. But if you do love the social network, this week might have seemed like a nightmare.
The same could be said for Time Warner's (NYSE: TWX) HBO Go, which went down at a horrible time. But if you're not an HBO subscriber (or someone who mooches off a family member who subscribes), the outage probably doesn't matter.
Apple's (NASDAQ: AAPL) news and rumors were a bit more mainstream, as they have the potential to impact greater number of individuals.
Carl Icahn continued his eBay (NASDAQ: NASDAQ) crusade.
And Samsung (OTC: SSNLF) introduced a new music service that sounds like a dairy product.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
HBO Go Crashed At Exactly The Wrong Time
It's never a good time for an app or online service to crash.
But when HBO went down this week, it was just as viewers were attempting to finish the latest season of True Detective.
Is this a sign of the show's popularity or HBO's inability to deliver a stable online video service?
Consumers will surely ask that question the next time they think about using HBO Go.Image Source: Wikimedia Commons
Carl Icahn Continued His eBay Crusade
When Carl Icahn heard that eBay's Board had rejected the nomination of two of Icahn's employees, the activist investor responded swiftly.
During an interview with CNBC, Icahn said, "What qualifies you to be a crony of Donahoe and allow him to take $4 billion? This company is the quintessential example of what's wrong with governance of corporate America.
"I mean, if you say we're not qualified, you look at all the companies that we've helped a great deal."Image Source: Wikimedia Commons
Samsung To Consumers: Got Milk?
Samsung is often praised for developing stellar, Android-based alternatives to the iPhone.
But the company's latest move might be a dud -- a milk dud, that is.
This week the South Korean tech giant unveiled its Milk Music service.
While very little makes it unique or special, it turns out that Milk is based on an existing music service called Slacker.
Slacker comes with a $4 fee, however; Samsung's music service is free to those who purchase select Galaxy phones.Image Source: Wikimedia Commons
Electronic Arts Teased A Virtual Future
For more than 20 years, consumers have fantasized about what virtual reality will be like when the technology is perfected.
Electronic Arts gave new hope to the fantasy this week when its CEO, Andrew Wilson, indicated that the company is experimenting with VR tech.
Was this a hint for the future, or just PR from a hopeful game industry exec?
"I think VR will have trouble attracting content, since content has to be tailored for it and the hardware will initially have a small installed base," Wedbush analyst Michael Pachter told Benzinga.
"This is chicken and egg, so without compelling software, the hardware base will never get large, and without a large hardware base, there will be little incentive to develop compelling software. The technology is really cool, but I have trouble seeing how it can become mainstream."Image Source: Wikimedia Commons
One Analyst Dreamed Of Tim Cook's Retirement
Global Equities Research analyst Trip Chowdhry has repeatedly told investors that they should look forward to Tim Cook's retirement from Apple.
"The stock will only move up for one, maybe two reasons, I would say," Chowdhry told Benzinga.
"The stock will have a 30 percent upside the day Tim Cook is removed from the CEO position. It could be even better than that."
There are not currently any signs indicating that Tim Cook plans to retire, or that Apple's Board plans to remove him from his position as CEO.
But Chowdhry said that they would be foolish to wait.
"The problem is, do the shareholders and the Board want to continue having Tim Cook as the CEO for the next 10 years and then realize, 'Oops, what a terrible mistake'?" he questioned.Image Source: Wikimedia Commons
Twitter Went Down, Leaving Many Without A Way Socialize
iOS 8 Maps - New And Improved?
Apple's botched Maps app left a terrible taste in the mouths of just about everyone.
It also may have led to a number of employee dismissals within the firm.
But there is hope that Apple may finally be ready to improve the Maps app and turn it into something that is actually usable.
Rumors claim that Apple will take on Google Maps when iOS 8 arrives.
Is this too good to be true?Image Source: Wikimedia Commons
Yahoo And Yelp Teamed Up
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