Tuesday, March 26th, 2019

Apple Announces New Services
Apple News+
Apple Arcade
Apple Card

The technology company announced that it’s launching Apple News+, Apple Card, AppleTV+, and Apple Arcade.

Apple News+ provides users with access to over 300 publications including The Wall Street Journal, Vogue, and National Geographic Magazine for $9.99 a month for US customers.

Apple Card, a Mastercard credit card that offers 3% cashback on Apple puchases, and 2% Apple Pay transactions will be available to US customers in the summer. Users will have the opportunity to also use a physical titanium card that doesn’t show a user’s card number, expiration date, or CVV.

AppleTV+ offers an ad-free streaming platform that will show exclusive content and will be available to over 100 countries by the fall.

Apple Arcade will be a video gaming service that allows users to play over 100 games online and offline across iPhone, iPad, Mac and Apple TV.

Starbucks Commits $100 Million to a New Venture Fund
Press Release

The coffee company announced that it’s investing $100 million in Valor Siren Ventures, a growth investment firm launching a fund that looks to “raise an additional $300 million in the coming months from other strategic partners and key institutional investors.”

According to a company press release, the investment “will identify and invest in companies that are developing technologies, products, and solutions relating to food or retail.”

McDonald’s Acquires an Artificial Intelligence Company
News Release

The fast food chain announced that it’s acquiring Dynamic Yield, a machine-learning technology startup. The Wall Street Journal reports, citing sources familiar with the matter, that the transaction will be for more $300 million.

According to a company press release, the deal will help the company personalize its customer experience by customizing Drive Thru menu items at the point of sale depending on time of day, trending menu items, and weather.