According to Bloomberg, Apple Inc. (NASDAQ:AAPL) is reportedly preparing a 12.9-inch iPad, which will be launching early next year. Bloomberg’s sources said that Apple has been working with suppliers for the past year on it and it will begin production as soon as Q1 2015.
ZipRecruiter is a job listing website based in Santa Monica that makes tasks easier for recruiters that has raised $63 million in funding. ZipRecruiter users can simultaneously post job listings to 50 different websites like Monster, Indeed, and Craigslist.
Google Inc (NASDAQ:GOOG) has acquired a visual effects cloud company called Zync. Zync worked on movies like Star Trek and Looper. The terms of the deal were undisclosed.
Otter Products, the company that is known for making protective cases for mobile devices, is potentially looking for a buyer. The asking price is reportedly more than $2.5 billion including debt, according to sources with Reuters. Founded in 1998, Otter Products has hired investment bank Goldman Sachs to handle the sale. There are several private equity companies that are interested in Otter Products. According to Moody’s Investors Services, Otter Products had pro forma sales of around $925 million last year.
Hewlett-Packard Company (NYSE:HPQ) is recalling 6 million power cords due to fire risks. HP is setting up the recall voluntarily and it includes chargers that come with HP and Compaq laptops and charging stations that were sold between September 2010 and June 2012. The recall only affects the power cord — specifically the portion that attaches the brick to the wall. The cables were responsible for 29 minor burns and property damage.
There are two customers of Model S vehicles from Southold, New York that took out a full page ad asking for improvements in a Silicon Valley newspaper on Friday. Tesla Motors CEO Elon Musk responded by saying that some of those requested changes will be implemented.