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News bites – the stories you may have missed (11 February 2022)

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Plenty of Apple, iPhone, and iPad news gets released every single day – but we know you’re busy, so we’ve got your back. Here, we’ve picked out some of the most important stories from the past week or so and summarized them for easy digestion. You’re welcome.

Let’s take a quickfire look at some of the most interesting recent headlines of late. As ever, click through to read the full stories if you want to know more!

Apple buys AI-music company with intriguing workout potential

Bloomberg reports that Apple has acquired a London start-up called AI Music, which creates AI-generated music that can adapt to your mood and tempo. Most interestingly of all, this royalty-free music can change according to your heart rate. The applications would seem to be obvious. We can well imagine setting out on a run wearing our Apple Watch, and our custom-generated soundtrack picking up the beats-per-minute as we pick up the pace.

Apple testing out iPhone SE 3

If there were any doubts that Apple was preparing to launch a new affordable iPhone, they’ve surely been dashed by the news that the company has been spotted importing three new models into India for testing. We don’t have a lot of information other than their model numbers – A2595, A2783, and A2784 – but one intriguing tidbit is the fact the iPhone SE 3 will be priced at Rs 23,000, or around $307/£227. With previous reports suggesting that the iPhone SE 3 will launch in March or April, we should find out more very soon.

Nvidia’s big ARM acquisition is off

Nvidia has pulled out of its $66 billion deal to acquire microchip designer ARM. “The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties,” said Nvidia. This is good news for Apple, given that its own hugely impressed A and M-series chips are based on ARM’s basic chip designs. Indeed, every competitive mobile chip on the market today depends on ARM’s valuable (and strictly neutral) work.

Peloton struggles – could Apple swoop?

Exercise equipment company Peloton has been struggling of late, and Apple is rumored to be in the running to capitalize. After a stellar lockdown period in which everyone bought into the home exercise idea, Peloton has been struggling to shift stock. As a result, its value has plummeted from a $50 billion high just a year ago to as low as $8 billion. The analysts at Wedbush believe that Apple would be the perfect fit for an acquisition, given its own ambitions in the fitness space, but it seems Amazon and Nike might be a more likely destination.

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