Mobile Minutes: Apple’s TV aspirations; Amazon beats estimates; Android handsets advance; Square adds service
Apple’s hard-charging tactics hurt TV expansion
Apple Inc. executives had every reason for optimism when they approached Walt Disney Co. in early 2015 to join the streaming television service Apple planned to launch. Disney Chief Executive Robert Iger is an Apple director and had said he was keen to strike a deal.
Read more on The Wall Street Journal
Amazon revenue beats estimates as cloud sales surge
Amazon.com Inc. reported a better-than-expected rise in quarterly revenue, powered by blockbuster growth in its cloud services unit and an increase in subscriptions for its Prime loyalty program.
Read more on Reuters
Android handset makers’ advance squeezes Apple
Earnings reports from the world’s top smartphone makers this week highlight how fortunes are diverging in the mobile-phone market as competition intensifies.
Read more on the Wall Street Journal
Square will let its sellers schedule deposits
It’s not quite been a full year since Square offered a service to merchants in which they could access money from their sales transactions instantly.
Read more on USA Today