Here are your daily Apple news items and rumors for Wednesday: iAd Head Out:
Apple s (NASDAQ: AAPL ) mobile advertising platform for the iPhone and iPad iAd
hasnt been quite the success it was predicted to be since opening for business
in 2010. Business Week expected Apple to control 21% of the mobile advertising
business by the beginning of 2011. In February, Apple had to halve the minimum
iAd purchase to $500,000 because no one was buying the space. Now iAd is losing
executives in addition to business. A Wednesday report at All Things Digital
said Apple vice president of mobile advertising Andy Miller is leaving the
company for venture group Highland Capital. Millers mobile advertising company,
Quattro, originally funded by Highland Capital, was acquired by Apple for $275
million then shut down ahead of iAds debut. Apple and Miller have yet to comment
on his departure. Koreans Bring Class Action Lawsuit Against Apple: The people
of South Korea have had it up to here with Apple attacking their hometown hero
Samsung (PINK: SSNLF ) with patent infringement lawsuits and have decided to do
some suing of their own. OK, that's not entirely true however, 27,000 South
Korean citizens are indeed suing Apple in a class action lawsuit, claiming their
privacy was violated by Apples location tracking services on the iPhone. A
Tuesday report at Yahoo! Finance said each person is seeking approximately $932
in damages the same amount awarded to attorney Kim Hyung-Souk earlier this year
after suing Apple over an iOS bug that stored a database of user locations. This
is the largest lawsuit brought against Apple over the bug yet, according to
Apple Insider . David Byrne Creates Fake iPhone Apps: David Byrne is a funny
guy, even when hes being serious. The man made his name by singing hilarious
songs about being frightened of people and by wearing a giant suit on stage
while dancing with a living room lamp. The musicians latest work is perhaps less
ambitious than making a building that also is an instrument , but its pretty
funny all the same not least because its target is Apple and its sometimes
haughty customers. Byrne created a number of pieces for a social media-themed
exhibit at the Pace Gallery in New York, and they all are fake iPhone apps,
including features and user reviews. The apps include Childster, which turns
your iPhone into a babysitter with a setting to monitor aging parents. Another
is Invisible Me, a program that automatically responds to text messages and
emails in three modes: agitated, distracted and sexy. Funny guy, that Byrne.
Thing is, these probably would sell. As of this writing, Anthony John Agnello
did not own a position in any of the stocks named here. Follow him on Twitter
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