CALIFORNIA: Apple Inc on Friday said its latest iPad models will go on sale in China on Dec 7, followed by the iPhone 5 a week later. China is one of Apple’s largest and fastest-growing markets. Analyst Brian White at Topeka Capital Markets said iPhone 5 is launching roughly but he hadn’t expected the iPad mini and the fourth-generation, full-size iPad to go on sale in China this year. “Our conversations during our meetings and casual consumer interactions tell us that the iPad Mini will take off like wildfire in China,” White wrote in a research report Friday morning. “The smaller form factor and lower price point, we believe Apple will be able to sell the iPad mini in meaningful volumes.” White said uptake of the iPhone 4S was relatively slow in China, because the signature new feature, voice-recognition-powered virtual assistant Siri, did not understand Mandarin Chinese.
Google soon to buyBufferBox
CALIFORNIA: Signalling an intent to compete with Amazon in online shopping, Google announced Friday it is buying BufferBox. It is a startup that runs a parcel storage service similar to Amazon Locker. Both services let you order online, but in BufferBox, instead of requiring a key, the locker can be opened with a PIN code. “We want to remove as much friction as possible from the shopping experience, while helping consumers save time and money,” said a Google spokesperson. BufferBox has a major advantage over its Amazon counterpart — you can pick up any package in its lockers, including UPS and Fedex. The company is currently running a trial service in Canada. It’s a major coup for the three founders, who work out of a startup incubator in Waterloo. “As online shopping becomes a bigger part of how you buy products, we look
forward to playing a part in bringing that experience to the next level,” the trio wrote on the BufferBox blog.
Amazon began testing its Locker service a year ago. But it has one distinct disadvantage : you can only use it for Amazon packages.
Mexican court to sue Yahoo!
SAN FRANCISCO: A civil court in
Mexico entered a preliminary USD2.7 billion judgment against Yahoo Inc for breach of contract involving a yellow pages listings service, Yahoo said on Friday. Yahoo believes the claims are without merit and that it will pursue all appeals. Shares of Yahoo were off 1.7 per cent at USD18.45. The lawsuit was brought by Worldwide Directories SA de CV and Ideas Interactivas SA de CV against Yahoo and Yahoo de Mexico, Yahoo said. “The plaintiffs alleged claims of breach of contract, breach of promise, and lost profits arising from contracts related to a yellow pages
listings service,” Yahoo said in a
statement. Yahoo said the ruling was a ‘non-final judgment’ by the 49th Civil Court of the Federal District of Mexico City.Its most recent 10Q filing, which lists major ongoing litigation, makes no mention of the lawsuit. Worldwide Directories and Ideas Interactivas could not immediately be reached for comment.