Newspaper wrap-up 7-06-07: Hackers crack iPhone restrictions
Posted Jul 6th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Apple Inc (AAPL), AT and T (T), Darden Restaurants (DRI)
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MAJOR PAPERS:
- The Wall Street Journal reported that after a week, hackers have cracked some of the restrictions put in place by Apple Inc (NASDAQ: AAPL) and AT&T Inc (NYSE: T) on the iPhone.
- The Financial Times reported that food prices are going to rise significantly for a long period of time, according to Nestle chairman Peter Brabeck.
- Ford Motor Company's (NYSE: F) Land Rover unit is looking into the possibility of developing a smaller, more fuel efficient SUV, reported the Financial Times.
OTHER PAPERS:
- A consumer advocacy group has sent a letter to Apple and AT&T, criticizing that customers were not being properly informed of the procedure and cost of replacing the battery in the Apple iPhone device, which costs $79 plus shipping and handling, reported the Associated Press.
- USA Today reported that Darden Restaurants Inc (NYSE: DRI), the owner of Olive Garden and Red Lobster chains, is considering buying another chain, possibly Bonefish Grill.
Tags: AAPL, Apple
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