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KGI Securities analyst Ming-Chi Kuo, who last year correctly predicted Apple would launch the iPhone SE, says there are two new Apple Watches coming in the second half of 2016, MacRumours reports. One model will apparently be an incremental upgrade to the current Watch, with a better processor and improved waterproofing. A second model, to be called the Apple Watch 2, boasts those improvements plus more precise location tracking thanks to GPS and a barometer, as well as a bigger battery. Ming-Chi also suspects Apple will introduce LTE connectivity to the line in 2017.
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The notion of Yahoo selling off its namesake e-businesses arose in late 2015, in response to shareholders who proposed the sale as an alternative to the planned spin-off Yahoo's Alibaba stake into its own operation. Industry watchers immediately put Verizon at the top of the list of potential buyers, even though the telecom titan had just recently completed a $4.4 billion acquisition of another '90s relic AOL. The Yahoo acquisition, much like the AOL deal, is likely intended to boost Verizon's online advertising business.
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