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Daily Crunch: Apple announces a new iPad Pro and much more

Apple announces new devices, Amazon opens a hair salon and Venmo adds cryptocurrency support. This is your Daily Crunch for April 20, 2021.
The big story: Apple announces a new iPad Pro and much more
Apple revealed a bunch of new products at its press event today. As expected, there’s going to be a new iPad Pro that’s supposed to represent a 50% performance increase over the previous model, with pricing starting at $799 for an 11-inch model.
In addition, Apple announced a redesigned Podcast app with support for paid subscriptions, a new purple iPhone 12, its long-awaited AirTag devices for finding lost …

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Apple event fails to save the company’s stock from broader market sell-off

Today’s Apple event, chock-full of the company’s products that will help decide whether the company meets, exceeds or undershoots Wall Street expectations for its future growth and performance, had little to no impact on its share price.
By now this is the theme: Apple announces a slew of new products, services, software or peripherals, and its share price does nothing. It’s almost humorous; certainly Apple’s shares can move in the wake of an earnings release, but a new product digest? Not so much.
Or at least not as long as TechCrunch has been paying attention (here’ …

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What to expect from Apple’s Spring Loaded event

Surprise! It’s another Apple Event. Gone are the days of getting a few weeks’ notice before these events now that they’re entirely virtual (at least until 2022, most likely). Instead, the company just dropped the news last week.
Thankfully, there have been plenty of rumors leading up to tomorrow’s big event — and perhaps even a few hints in the invite itself. After skipping last year’s spring event, due to cresting COVID-19 numbers in the U.S., the company has grown much more comfortable dropping semi-regular livestreamed events. As ever, we’ll be covering the event as it …

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Apple confirms it will allow Parler to return to App Store

Apple will reinstate Parler on its App Store following its multi-month ban, according to a letter Apple has sent to Sen. Mike Lee and Rep. Ken Buck, which was made public this morning via a post on Congressman Buck’s Twitter. TechCrunch also obtained the letter and confirmed with Apple directly. The lawmakers had earlier written to Apple on March 31, 2021 to ask for additional information about why the app, which is heavily favored by conservatives, had been removed from the App Store. Apple’s response explains how Parler violated its policies but said it [Apple] has engaged in extensive conversions …

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Peloton responds to concerns over Apple GymKit integration

Third-party hardware integration can be a tricky thing. Peloton this week raised some eyebrows by dropping Apple GymKit compatibility for its Bike Bootcamp program. Users were, naturally, quick to react. The situation left some wondering whether the move was a direct response to Apple’s recent entry into the home exercise market with Fitness+.
A Peloton spokesperson offered the following statement to TechCrunch, “Apple GymKit is designed to work with equipment-based cardio workouts. However, Peloton recently implemented GymKit with Bike Bootcamp, a multi-disciplinary class type that combines strength and cardio, which the feature does not support. Members can still use …

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Apple’s next event is April 20

Apple only dropped info about WWDC two weeks back, but the company just announced another event – this one happening much sooner. After Siri spilled the beans this morning, the company has officially confirmed its next event for April 20. Invites for its “Spring Loaded” event went out just now, sporting what appears to be a doodle drawn on an iPad.
Of course, the assistant’s earlier suggestion that the event is being held at “Apple Park in Cupertino” was only true from a certain point of view, to quote a famous space wizard. It’s 2021, after all, and everything still very …

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A ‘more honest’ stock market

Hello friends, and welcome back to Week in Review!
Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like they’re still pretty desirable. This week, I’m talking about a story I published a couple days ago that highlights pretty much everything that’s wild about the alternative asset world right now.
If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny.

The …

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Fueled by pandemic, contactless mobile payments to surpass half of all smartphone users in U.S. by 2025

Among other technology trends accelerated by the Covid-19 pandemic, the use of contactless mobile payments boomed in 2020. According to a recent report by analyst firm eMarketer, in-store mobile payments usage grew 29% last year in the U.S., as the pandemic pushed consumers to swap out cash and credit cards for the presumably safer mobile payments option at point-of-sale.
Last year, 92.3 million U.S. consumers age 14 or older used proximity-based mobile payments at least one time during a 6-month period in 2020 — a figure the firm expects to grow to reach 101.2 million this year. And that usage is now on track to …

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Daily Crunch: Apple Arcade expands with classic games

Apple adds classic titles to Apple Arcade, Microsoft experiences an outage and Coinbase is going public. This is your Daily Crunch for April 2, 2021.
The big story: Apple Arcade expands with classic games
Until now, Apple’s game subscription service was limited to exclusive new titles, but today it’s introducing two new categories: App Store Greats (popular iPhone games like Monument Valley+, Fruit Ninja Classic+, Cut the Rope Remastered and Badland+) and Timeless Classics (board games and puzzle games, such as Backgammon+ and Chess Play and Learn+).
This is a major expansion to the Apple Arcade back catalog, but it’ …

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Apple expands Apple Arcade with classic App Store games

Apple has announced an expansion for its subscription gaming service Apple Arcade. In addition to exclusive game releases, the company is adding two new categories — Timeless Classics and App Store Greats.
In the ‘App Store Greats’ category, you can find some well-known iPhone games that have been released over the past decade, such as Threes+, Mini Metro+, Monument Valley+, Fruit Ninja Classic+, Cut the Rope Remastered and Badland+.
This is an interesting move as Apple has focused on exclusive titles so far. Arguably, some Apple Arcade games are sequels of popular App Store games — I’d put Mini Motorways and …

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