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Here's everything Apple just announced this morning (AAPL)

Apple just announced a load of new products on Tuesday morning.

From glamorous red iPhones to cheap new iPads, the California tech company unveiled updates, refreshes, and accessories for many of its product lines. 

Apple didn't hold a media big event to coincide with the announcements either. Instead, it just pre-briefed a few media outlets and dumped the updates on its website. 

Business Insider rounded up all the key announcements Apple made on Tuesday. Here we go:

New iPads

Apple updated and simplified its iPad line on Tuesday: Now, you can either get an iPad Mini, the new 9.7-inch iPad, or the iPad Pro in 9.7-inch or 12.9-inch varieties. 


Apple's newest app looks like a mix between Snapchat and iMovie (AAPL)

Apple's newest app is called Clips, and it's a mix of Snapchat and iMovie.

Like Snapchat or Instagram, Clips lets you share photos or videos up to 30 minutes in length with special filters and effects.

But Clips isn't its own social network like Snapchat or Instagram. Aside from sending photos and videos to your friends via iMessage, you can only save your photos and videos to your camera roll or send them to other apps, like Facebook and Instagram. Unless you're using Clips to post to Facebook or Instagram or Snapchat, there's no Clips newsfeed or network to plug into, aside from your own contacts in iMessage.

Apple says that Clips will be available in the App Store in April. Here's how the app works:

Clips looks similar to Apple's main camera app. You can record short video clips or take photos before adding special effects. You can choose from a list of filters and add text, emojis, and other annotations to add over...

Apple's new iPhone cases make me wish I had an iPhone 7 (AAPL)

For the first time, I wish I had an iPhone 7. 

Apple just unveiled six new colors for its silicone and leather iPhone 7 cases along with a slew of new products, including a special edition red iPhone 7 and less expensive iPad.

But to me, the new case colors were the most exciting product release of the day.

Apple added camellia, pebble, and azure to its line to


Apple just released a new iPad that's way less expensive than before (AAPL)

Apple just quietly announced a new iPad, and this one comes with a price cut.

Apple's new 9.7-inch iPad now costs $329, and comes with an improved screen and Apple's A9 chip. Apple's iPad Pro, which has the same size screen, starts at $599.

Here's what you need to know:

The new iPad starts at $329 for 32GB with Wi-Fi. To get a cellular modem, the price increases to $459. It comes in silver, gold, and space grey. It will be available to order on Friday, March 24. 

One of the big differences between the new $329 iPad and the $599 iPad Pro is that the more expensive model works with Apple's stylus, the Apple Pencil. Another big difference is that iPad Pros have faster chips — the new 9.7-inch iPad has an A9 chip, which first appeared in an iPhone in 2015.


Apple releases special edition red iPhone 7 (AAPL)

Apple announced Tuesday that it will sell a special edition red color of the iPhone 7 and 7 Plus.

Here's what it looks like:

The phone goes on sale worldwide March 24 and some proceeds will benefit the (RED) organization that supports AIDs prevention and research. Apple has released red versions of its products as part of its PRODUCT(RED) program for over 10 years. Apple said in a statement Tuesday that it has raised $130 million for (RED) so far as part of the program.

The special edition phones will only be available in 128 GB and 256 GB storage options. There's no 64 GB version. They'll cost the same as the other iPhone 7 and 7 Plus models, with the red iPhone 7 starting at $749. You'll be able to buy them at the Apple Store, Apple's website, and other authorized retailers.

This story is developing.


MORGAN STANLEY: These 9 tech companies could be takeover targets

Takeover activity has cooled down a bit in recent months, but there are still some big deals on the horizon. 

In a note to clients sent March 20, Morgan Stanley updated its Acquisition Likelihood Estimate Ranking Tool (ALERT model), a model that tracks "stock characteristics, cohort membership, and data regarding offers to forecast probabilities that stocks receive tender offers in the coming 12 months."

The update found that the percentage of the 1,000 largest companies receiving takeover offers fell from 5.1% in June 2016 to 3.9% in December 2016 and that stocks with "poor momentum, high gross margins and historically cheap forward P/E received more offers."

In tech sector, M&A activity was relatively flat during that time.

Here's a list of the nine tech companies that Morgan Stanley says are most likely to receive takeover offers:

NCR Corp

Ticker:


SoundCloud has taken over Pinterest's office in Berlin

Music streaming startup SoundCloud has taken over Pinterest's office in Berlin.

SoundCloud, which employs around 400 people in total, owned the office space that Pinterest was using in the 16,000 square metre Factory Berlin startup hub and needed it to expand into, according to multiple sources.

Pinterest, which used to have around 10-20 people based out of Factory, has moved its Berlin team into a nearby WeWork space and is continuing to hire in the city.

SoundCloud, a local hero in Berlin, now occupies at least three floors of Factory. Uber also has a team of people in a separate building on the Factory site, although it's not entirely clear what they're working on.


Samsung has a plan to turn Google into a dumb tube

Samsung has unveiled Bixby, a voice-controlled AI assistant that lives in your smartphone. The announcement puts Samsung on a collision course with Google and Amazon, who are developing rival assistants. But Samsung has a huge potential advantage — its massive installed base of home appliances like TVs, fridges, and washing machines. Bixby could also undercut Google, which Samsung has long been reliant on for its Android operating system.

Samsung has decided to wade into a massive battle over the future of computing — and it has a huge potential advantage.

On Monday, the South Korean electronics company announced "Bixby": A voice-controlled AI assistant that lives inside your smartphone.


YouTube is going to fix the setting which blocked LGBTQ videos on its restricted mode (GOOG)

YouTube has said "sorry" for blocking LGBTQ videos through its Restricted Mode setting, and is working on a fix.

"We understand that this has been confusing and upsetting, and many of you have raised concerns about Restricted Mode and your content being unfairly impacted. The bottom line is that this feature isn’t working the way it should. We're sorry and we’re going to fix it," the company wrote in a post.

Restricted Mode lets organisations like schools "better control" what content their pupils might be seeing on YouTube.

It filters videos with swearing, violence, and depictions of eating disorders. But YouTuber Rowan Ellis


Bitcoin is roaring back
Posted March 21, 2017 0:33 AM
Bitcoin is roaring back

Bitcoin is higher for a second straight day on Tuesday, trading up 3% at $1072 per coin as of 7:28 a.m. ET. The tw0-day win streak has tacked on about 13% and follows a Wall Street Journal report out over the weekend suggesting the cryptocurrency's developers are threatening to set up a “hard fork,” or alternative marketplace for Bitcoin. That platform would be incompatible with the current platform, thus creating a split and two versions of the currency. That news sent bitcoin crashing 20% over the weekend to about $950 a coin, its weakest since January. 

2017 has been a volatile year for the cryptocurrency.

It gained 20% in the first week of the year after soaring 120% in 2016 to become the