Apple said to be in talks to acquire streaming music service Tidal

Apple is in talks to acquire the streaming music service Tidal, reports The Wall Street Journal. Citing people familiar with the matter, the outlet says the iPhone-maker is exploring the idea because of the service's strong ties to artists.

Rap mogul Jay-Z bought Tidal in March 2015 for $56 million, and has since given 19 famous artists small stakes in the company. The current talks with Apple may not result in a deal, and it's unknown what terms have been discussed.

Facebook shutting down Paper app

Facebook has announced that it is shutting down its newsreader app Paper. The app itself is no longer available for download in the US App Store, and the company says it will cease functioning for existing users at the end of next month.

Introduced in January 2014, Paper received praise for its beautiful design, swipe-based navigation, and exclusion of the typical Facebook noise like ads and game invites. However, it failed to gain much traction among the 1 billion+ users.

Nike names Tim Cook lead independent director

Nike on Thursday announced that it has appointed Tim Cook the lead independent director of its Board. The move is effective immediately, and comes as part of a larger shuffling in which Nike Chairman Phil Knight retires, and is replaced by long time president and CEO Mark Parker.

Apple’s free app of the week: Mimpi Dreams

Apple on Thursday updated its App of the Week promotion with the game Mimpi Dreams. This means that for the next 7 days, you’ll be able to download the critically-acclaimed puzzle-platformer for free on both iPhone and iPad—a solid savings of $2.

Mimpi is a lazy dog who likes to take naps and dream about being a super hero. Players are tasked with helping him save his friends by solving puzzles and manipulating environmental objects as they work their way through originally-illustrated levels.

Spotify accuses Apple of stifling competition after seeing its iOS update rejected

Apple is leveraging the power of its ecosystem to harm competition, as well as the fact that it writes the rules governing third-party development and screens apps submitted to App Store editors, said Spotify.

Re/code is reporting that Apple won’t approve a new version of Spotify's music-streaming iOS client because it doesn’t want competition for Apple Music, its own $9.99 per month subscription music service.

“We cannot stand by as Apple uses the App Store approval process as a weapon,” wrote the Swedish startup in a letter sent this week to Apple’s top lawyer Bruce Sewell.

Samsung could build 240M AMOLEDs for future iPhones in the next 3 years

LG Display, Japan Display, AU Optronics, Samsung Display and Foxconn-owned Sharp are all said to share production of AMOLED panels for future iPhones, with Samsung alone providing an estimated 240 million AMOLED units in the next three years beginning in 2017, DigiTimes Research predicted yesterday.

Samsung is the world's top producer of AMOLED panels. When deployed to the iPhone, this technology will result in crisper colors, deeper blacks, increased brightness, high visibility under direct sunlight and reduced power consumption.

Facebook tweaks News Feed to prioritize friends over news sites

Adam Mosseri, Facebook's Vice President of Product Management, announced yesterday an upcoming change to the News Feed ranking algorithm on the service.

Soon, your News Feed will prioritize content from friends over news stories from publishers to address missing important updates from friends because content from professional publishers would get preferential treatment.

Long exposure and time-lapse photography made easy with updated Pocket Tripod

Pocket Tripod, a credit card sized phone holder that started as a Kickstarter project in 2013, has been updated to accommodate iPhones and Android smartphones of all sizes, with or without a case. Created by Geometrical Inc.‘s Rambod Radmard, this tremendously useful accessory fits in your wallet and unfolds into a phone stand.

More importantly, it doubles as a mini-tripod for times when you need your iPhone's camera to be steady. The updated version is expected to ship in October.

MetroPCS to start selling iPhones on July 1

MetroPCS, a prepaid wireless carrier in the United States that is part of T-Mobile USA, will start selling Apple's iPhones on July 1 in a limited number of retail stores in Florida. The program should expand nationwide following the Florida launch.

According to the official announcement from T-Mobile, the iPhone 6s and iPhone 6s Plus will be available for $649 and $749, respectively

The iPhone SE and iPhone 5s will be available for $349 and $199, respectively.

iPhone 7 ‘A10’ chip orders to help grow TSMC’s quarterly revenue by 20 percent

Taiwan Semiconductor Manufacturing Company, the world's top semiconductor foundry which Apple has commissioned to build 'A10' processors for the next iPhone alongside Samsung, is expected to grow its revenue substantially in the third quarter of this year thanks to these orders.

Taiwan's Central News Agency, quoted by trade publication DigiTimes, said this morning that TSMC is reportedly forecast to grow revenues almost twenty percent sequentially in its third quarter “as shipments for Apple's A10 processors will kick off soon”.