New iPhone 8 Rumor Reveals Apple’s Shiny Surprise

Hanging over this month’s release of the iPhone 7 and the iPhone 7 Plus is next year’s smartphone from Cupertino. 2017 will be the tenth anniversary of the original iPhone launch, and Apple is expected to create a breakthrough device with new technology and innovative design. Tim Cook and his team are making a big bet that the market will accept the changes in the iPhone 7 to ensure a smoother launch of the iPhone 8.

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Investors Unimpressed By Baidu Cars, Take-Out Dining

A trio of headlines are spotlighting the difficulties faced by Chinese Internet giant Baidu as it tries desperately to diversify beyond its core online search business. At the center of this news flurry is a downgrade of Baidu’s stock by Deutsche Bank, which looks mostly related to the company’s big revenue decline after a scandal earlier this year. But the other two headlines, one about Baidu’s driverless car initiative and the other about its online take-out dining service, both nicely highlight the huge money that Baidu is spending on its new businesses, nearly all of them losing big money.

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