Apple Announces New Trade-In Offer For Customers To Exchange Their Old iPhones For Absolutely Nothing

CUPERTINO, CA—Saying the new policy was part of the company’s unwavering commitment to consumer relations, Apple announced Wednesday an unprecedented offer that will allow its customers to trade in their old iPhones and, in return, receive absolutely nothing. “If you’re a member of the Apple community with an older…

MoviePass Attempts To Increase Profitability By No Longer Mailing Out Free $500 A Month To Subscribers

NEW YORK—Admitting that this week’s devastating quarterly earnings report necessitated tough decisions on the part of the company, MoviePass CEO Mitch Lowe announced plans Thursday to increase profitability by no longer mailing out $500 checks to subscribers every month. “While this decision is sure to be unpopular…