Good morning, friends and Coins2Day readers.
Today is the final trading day of the third quarter, and stocks look set to rally at the open amid continued volatility and unrest overseas. Here’s what else you need to know today.
1. The iPhone 6 is (finally) a go in China
After delays for security concerns, Apple’s (AAPL) iPhone 6 and iPhone 6 Plus will be for sale in China on Oct. 17, according to Reuters reports. The sale date was approved after Apple was able to assure the Chinese government it wouldn’t be able to give user data to the Us government.
2. Microsoft pulls back the curtain
Windows 8 was, to put it lightly, a bit of a disaster. So when Microsoft (MSFT) previews part of the soon-to-be-released Windows 9 today, the company will likely be hoping it can start erasing users’ bad memories.
3. Ebay is saying goodbye to PayPal
Ebay (EBAY) has unveiled a plan to spin off PayPal in 2015 — a separation that activist investor Carl Icahn called for earlier this year. The move essentially splits Ebay into two equal halves, as PayPal currently accounts for about half of its revenue.
4. News Corp is on the Move
Rupert Murdoch’s media giant has made an acquisition, buying real estate website Move for $950 million. Reuters notes that the move was made to expand the company’s presence in digital marketing.
5. Netflix is going after new releases
Netflix (NFLX) has already changed the TV world through its award-winning series “Orange is the New Black” and “House of Cards.” Now the streaming service wants to take on Hollywood. With the release of a sequel to “Crouching Tiger, Hidden Dragon” scheduled for next year, Netflix is announcing in a big way that it wants to change the way movie releases work.