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Apple’s 1990 Sneakers Going For $30,000. Do You Own A Pair?

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When Apple launched its first color desktop computer, in 1990, the tech giant also created a prototype pair of sneakers with its signature rainbow logo.

They were first sold to a lucky Apple employee some time in the mid-’90s, according to BitRebels.  They later sold for only $79 on eBay  back in 2007.

In the years that followed, the whereabouts of the shoes were unknown — until a friend of Leon Benrimon, director of modern and contemporary art at Heritage Auctions, found them at a garage sale in San Francisco.

Now, Heritage Auctions is auctioning off the pair at its Beverly Hills location. Bidding will begin at 11 am on June 11, and the sneakers are expected to go for at least $30,000. The starting bid will be $15,000. The Adidas sneakers, size 9 and a half, are made from the typical white leather material of the times. They feature Apple’s logo on the tongue and on the side. The soles are made from rubber that supposedly doesn’t leave skid marks.

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They Say Tm Cook’s 1 Billion Investment Will Bring Robot Jobs Not Factory Jobs

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Apple just promised $1 billion boost to US manufacturing  Wednesday, 3 May 2017 | 6:57 PM ET | 01:07

Apple CEO Tim Cook said that his company will start a $1 billion fund to promote advanced manufacturing jobs in the United States.

Apple hasn’t released much in the way of details about its plans for the investment, saying only that the first beneficiary will be announced later this month. Advanced manufacturing is a large umbrella term that includes everything from 3-D printing aerospace components to installing robots on assembly lines.

The fund comes as President Donald Trump has made bringing back manufacturing jobs a big part of his agenda. As advanced manufacturing jobs are in high demand in the U.S., the sector was already high on Apple’s list of priorities, and Cook hopes the investment will spur even more job creation.

Apple’s Holistic View Of Diversity

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Apple released updated diversity figures indicating it has made slight but steady progress in hiring more women and underrepresented minorities — and ensuring those employees are paid the same as their white male counterparts. While Apple’s progress has been slow with regard to hiring, it is making more substantial changes to how it compensates individuals. According to the report, the company has remedied pay gaps between white and nonwhite employees and men and women in the US.

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Florida Man Sues Apple

Florida resident Thomas S. Ross filed a lawsuit against Apple this week, claiming that the iPhone, iPad, and iPod infringe upon his 1992 invention of a hand-drawn “Electronic Reading Device” (ERD). The court filing claims the plaintiff was “first to file a device so designed and aggregated,” nearly 15 years before the first iPhone.

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Ross designed three hand-drawn technical drawings of the device, between May 23, 1992 and September 10, 1992, primarily consisting of flat rectangular panels with rounded corners that “embodied a fusion of design and function in a way that never existed prior to 1992.”

What Ross contemplated, was a device that could allow one to read stories, novels, news articles, as well as look at pictures, watch video presentations, or even movies, on a flat touch-screen that was back-lit. He further imagined that it could include communication functions, such as a phone and a modem, input/output capability, so as to allow the user to write notes, and be capable of storing reading and writing material utilizing internal and external storage media. He also imagined that the device would have batteries and even be equipped with solar panels.

Ross applied for a utility patent to protect his invention in November 1992, however, the application was declared abandoned in April 1995 by the U.S. Patent and Trademark Office after he failed to pay the required application fees. He also filed to copyright his technical drawings with the U.S. Copyright Office in 2014.

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The plaintiff claims that he continues to experience “great and irreparable injury that cannot fully be compensated or measured in money,” he has demanded a jury trial and is seeking restitution no less than $10 billion and a royalty of up to 1.5% on Apple’s worldwide sales of infringing devices.

 

Apple To Begin Paying Out $400M To Customers

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Three years ago, Apple was found guilty of anticompetitive ebook pricing and price-fixing. The case was in limbo for years as Apple appealed and tried to fight the ruling, but earlier this year the Supreme Court declined to hear the company’s appeal, putting Apple on the hook for $450 million. 

According to the firm, $400 million will be handed out to customers who purchased books from Amazon, Kobo, Barnes & Noble, and Apple. 

Customers will receive $6.93 for every e-book that was a New York Times bestseller and $1.57 for every other ebook. Qualifying ebooks must have been purchased between April 1, 2010 and May 21, 2012 and be from one of the following publishers: Hachette Book Group, HarperCollins Publishers, Macmillan (Holtzbrinck Publishers), Penguin Group and Simon & Schuster.

Spotting a Fake

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These faux iPhones come at a much cheaper price than normal iPhones, counterfeiting Apple products is a huge business in China. In 2015, a factory mass-producing counterfeit iPhones was busted, and it contained over 41,000 smartphones with a total haul equalling over $19 million. More

 

 

Users Advised To Uninstall Quicktime

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The U.S. Department of Homeland Security cyber readiness team has advised Windows users to uninstall Apple’s QuickTime media player from their PCs.

“Computers running QuickTime for Windows will continue to work after support ends,” US-CERT wrote in an advisory published Thursday. “However, using unsupported software may increase the risks from viruses and other security threats. Potential negative consequences include loss of confidentiality, integrity, or availability of data, as well as damage to system resources or business assets. The only mitigation available is to uninstall QuickTime for Windows.”

US-CERT (U.S. Computer Emergency Readiness Team) based its alert on news Thursday from Trend Micro’s Tipping Point group, which said it had been told by Apple that QuickTime on Windows had been deprecated, or dropped from support, meaning no future security updates will be issued.

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