New iPads are on the way
Star news services
Apple sent invitations to a product event next week in San Francisco, where it is set to introduce an update to its iPad lineup. The Oct. 22 function will start at 10 a.m. local time at the Yerba Buena Center for the Arts Theater in San Francisco. Thats where Apple has held many previous product introductions.
Apple, which last month unveiled two iPhone models, is introducing a batch of other products ahead of the holiday shopping season. Next weeks event will include an update to the iPad mini with a high-definition screen, as well as design changes to make the larger iPad thinner, people with knowledge of the plans have said. Apple also is expected to show its Mac software upgrade, called Mavericks, as well as a revamped Mac Pro high-end computer.
Sony wristwatch is here
Sony said its new computerized wristwatch is available immediately, sells for $200 in the U.S. and will work with a variety of Android phones. Sonys SmartWatch 2 hasnt gotten as much attention as Samsungs Galaxy Gear, but its cheaper and compatible with a broader range of phones. The Gear costs $300 and works only with the companys Galaxy Note 3 phone.
More small stores planned
Wal-Mart Stores Inc. plans to open more small stores as it links them to its supercenters, which will serve as mini-warehouses for their smaller cousins. The plans, announced at the retailers annual investor meeting, come as the worlds largest retailer faces increasing pressure from online retailers such as Amazon.com as well as dollar stores.
Wal-Mart expects to roll out the new distribution scheme in the first of three markets in March, though it declined to say where. The retailer operates more than 4,000 stores in the U.S.
Losing some fizz?
Diet Coke is under a bit of pressure, said Steve Cahillane, who heads Coca-Colas North American and Latin American business, as consumers have become more wary of artificial sweeteners. But in a conference call with analysts, he also noted it is still the No. 2 soda in the U.S, after knocking Pepsi from that perch in 2010. Regular Coke remains No. 1 by far, selling twice as much as Diet Coke.
Last year, sales volume for Coke fell 1 percent, while Diet Coke fell 3 percent. Pepsi fell 3.4 percent, and Diet Pepsi fell 6.2 percent.
Hair dryers recalled
Conair is recalling 570,000 of its Infiniti Pro hair dryers, 259 and 279 series, because they can short out and start a fire or burn someone. Conair has received about 20 consumer reports of hot coils exiting the hair dryer and three minor burns to consumers.
Consumers should immediately stop using the product and call Conair at 877-339-2534 for a free replacement.