Apple: Weekly Loop

In the past week, Apple discontinued the legacy iPad 2, which had for over two years been a “cheaper” alternative to the full priced $499 iPad Air.

Yesterday, 9to5Mac reported that some users running iOS 7.1 saw “related searches” when users searched the app store.

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In other news, social tycoon Mark Zuckerberg announced yesterday that his company would purchase virtual-reality maker Occulus for approximately $2 Billion. This news comes just a few weeks after the company announced a $21 Billion acquisition of the popular smartphone app WhatsApp. The question, remains – how much money does Facebook really have?