Technology

Apple Camera Patent Gives GoPro Stock Jitters

Published

9 years ago

January 14, 2015

In this Aug. 25, 2011 file photo, an Apple employee walks between Apple buildings at Apple headquarters in Cupertino, Calif. Facebook and Apple, long known for cushy perks such as free meals, laundry service and massages, are among some of Silicon Valley's biggest companies now eyeing reproductive expenses as the next batch of benefits to offer to their employees. (AP Photo/Paul Sakuma, File)

In this Aug. 25, 2011 file photo, an Apple employee walks between Apple buildings at Apple headquarters in Cupertino, Calif. (AP Photo/Paul Sakuma)

BRANDON BAILEY, AP Technology Writer

SAN FRANCISCO (AP) — Apple has patented a new design for a digital video camera that could potentially compete with the rugged portable cameras made by GoPro, a move that sent GoPro’s stock tumbling.

GoPro shares dropped more than 12 percent on Tuesday after reports of the new patent surfaced on tech blogs and financial wires.

Apple has not announced any plans for the patent, which covers a design for a remote-controlled, digital camera that can be attached to a helmet, surfboard or scuba mask.

But as first reported by the blog “Patently Apple,” the company’s application to the U.S. Patent and Trademark Office says Apple’s design improves on aspects of GoPro’s camera. Apple says GoPro’s camera “can cause excessive wind resistance and presents a high profile that is more susceptible to damage.”

Representatives for Apple Inc., based in Cupertino, California, and GoPro Inc., based in San Mateo, California, did not immediately respond to requests for comment. Patent office records show Apple first applied in 2012 for the patent, which was granted Tuesday.

But one tech analyst cautioned against reading too much into the filing. “Apple develops and patents lots and lots of technology all the time. Only a fraction of it ever sees the light of day in commercial products,” said Jan Dawson of Jackdaw Research, who tracks consumer tech products.

Apple already has developed sophisticated camera technology for its iPhones and iPads, added Dawson, who said he doubts the company would want to sell a stand-alone camera unless it could be tied in with Apple’s broader family of products and services.

Still, the news seemed to make some GoPro investors nervous.

“Anytime Apple enters a market, it can be bad news for existing players,” Dawson noted.

Go Pro’s shares ended down $6.91 to $49.87.

Apple shares gained 97 cents, or slightly less than 1 percent, closing at $110.22.

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Attorney General Rob Bonta, Oakland Lawmakers, Introduce Legislation to Protect Youth Online

At a press conference in downtown Oakland on Jan. 29, Attorney General Rob Bonta joined Sen. Nancy Skinner (D-Berkeley) and Assemblymember Buffy Wicks (D-Oakland) to announce two pieces of legislation designed to protect children online. The bills are Senate Bill (SB) 976, the Protecting Youth from Social Media Addiction Act and Assembly Bill (AB) 1949, the California Children’s Data Privacy Act.

Published

2 weeks ago

April 16, 2024

Oakland Post

From left to right: Sen. Nancy Skinner (D-Berkeley), Attorney General Rob Bonta and Assemblymember Buffy Wicks (D-Oakland) at a press conference introducing legislation to protect young people online.

By Magaly Muñoz

The bills are Senate Bill (SB) 976, the Protecting Youth from Social Media Addiction Act and Assembly Bill (AB) 1949, the California Children’s Data Privacy Act.

Skinner authored SB 976, which addresses online addiction affecting teenage users, while Wicks’s bill, AB 1949, takes on big tech by proposing data privacy and children rights protections.

“Social media companies unfortunately show us time and time again that they are all too willing to ignore the detriment to our children, the pain to our children, the mental health and physical challenges they face, in order to pursue profits,” Bonta said.

SB 976 would allow parents to control the nature and frequency of the content their under-18-year-old children see on social media. Notifications from social media platforms would also be paused from midnight to 6 am and controls would allow parents to set time limits on their children’s usage based on their discretion.

Skinner stated that the longer that kids are on their phones during the day, the higher the risk for depression, anxiety and other related issues.

The bill would also push to get rid of addictive media that is harmful for young women and girls, specifically image filters that mimic cosmetic plastic surgery.

Bonta and 33 other attorney generals had previously filed a lawsuit against Meta, owner of the popular social media applications Instagram and Facebook. The filing claims that the company purposefully uses algorithmized content that harms younger audiences.

“Social media companies have the ability to protect our kids, they could act, but they do not,” Skinner said.

The Child Data Privacy Act would strengthen existing protections for data privacy under the California Consumer Privacy Act (CCPA). The lawmakers argue that the law does not have effective protection for those under 18 years old.

Wicks stated that the bill would forbid businesses from collecting, using, sharing, or selling personal data of anyone underage unless they receive informed consent, or it becomes necessary for the purpose of the business.

Wicks added that the acts would make it so that a search on the internet like “How do I lose weight?” would not result in dieting pill advertisements targeting youth, which, some experts report, could be harmful to their mental and physical health.

“In a digital age where the vulnerabilities of young users are continually exploited, we cannot afford to let our laws lag behind, our children deserve complete assurance that their online experience will be safeguarded from invasive practices,” Wicks said.

Supporters of the two acts say they have gained bipartisan support issue, but the authors and Bonta expect them to be met with pushback from the affected companies.

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Unleashing the Power_ Discover the The Thrills…F-TYPE Convertible

Published

4 months ago

December 18, 2023

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Performance & Handling
Powered by a robust 5.0 Liter Supercharged 8 Cylinder Gas Engine, the F-Type R75 doesn’t just purr; it roars with a mighty 575 horsepower and 516 lb-ft of torque. Coupled with an 8-speed Automatic Transmission, the car offers an exhilarating drive that is both fast and smooth. The All-Wheel Drive system ensures excellent traction and stability, making it a joy to handle in various driving conditions. The Electric Power Assisted Steering and JaguarDrive Control with Selectable Driving Modes add to the car’s agility, providing a driving experience that is as intuitive as it is thrilling. Additionally, the Adaptive Dynamics and Electronic Active Differential with Torque Vectoring by Braking enhance the car’s responsiveness, making every turn a testament to its engineering prowess. Unique to AutoNetwork.com.

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Elevate Your Ride…

Join us for a virtual car’s best-detailed walkaround of the sleek and stylish 2024 Jaguar F-TYPE AWD convertible. Get an up-close look at the exterior design, interior features, and performance capabilities of this luxury sports car. From its powerful engine to its advanced technology, this video will give you a comprehensive overview of what makes […]
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Published

4 months ago

December 18, 2023

Oakland Post

Join us for a virtual car’s best-detailed walkaround of the sleek and stylish 2024 Jaguar F-TYPE AWD convertible. Get an up-close look at the exterior design, interior features, and performance capabilities of this luxury sports car. From its powerful engine to its advanced technology, this video will give you a comprehensive overview of what makes the F-TYPE AWD convertible stand out on the road. Unique to AutoNetwork.com.