Apple Sets Time March 9 Spring Forward Event To Show Off Apple Watch

Apple Sets Time March 9 Spring Forward Event To Show Off Apple Watch

Apple on Thursday sent out invitations for a press event on March 9 at the Yerba Buena Center for the Arts Theater in San Francisco. The company has held many of its product introductions in the downtown venue, which is larger than the Town Hall auditorium on its campus.

Apple likely will show off Apple Watch, its first wearable. Last month, CEO Tim Cook said Apple would start selling the smartwatch in April.

The lowest-end Apple Watch will cost $349. The company announced the device during a star-studded event in September. At the same time, it introduced its bigger-screen iPhone 6 and iPhone 6 Plus devices. It also held an event in October to unveil its newest iPads and Macs, including the high resolution iMac.

Apple Watch is the first major new product category for the company since the “magical” iPad in 2010. It’s also the first new push by Apple under Cook’s leadership. Cook had promised for over a year that Apple would introduce “amazing” new products in 2014 and enter “exciting new product categories” beyond its wildly successful smartphones, tablets and computers. Apple Watch, along with the new Apple Pay mobile-payments service, fulfill that vow.

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South Korea Legalizes Adultery Condom Maker’s Share Price Rises

South Korea Legalizes Adultery Condom Maker’s Share Price Rises

A South Korean court on Thursday abolished a 62-year-old law that criminalized extramarital affairs, and the stock price of a prominent condom maker immediately shot up 15 percent.

The Constitutional Court’s ruling that the law suppressed personal freedoms could affect many of the more than 5,400 people who have been charged with adultery since 2008, when the court earlier upheld the legislation, according to court law.

Any current charges against those people could be thrown out and those who have received guilty verdicts will be eligible for retrials, according to a court official who declined to be named, citing office rules.

Under the law, having sex with a married person who is not your spouse was punishable by up to two years in prison. Nearly 53,000 South Koreans have been indicted on adultery charges since 1985, but prison terms have been rare.

The stock price of South Korean condom maker Unidus Corp. shot up after the court ruling, surging by the daily limit of 15 percent on South Korea’s Kosdaq market.

Debate over the adultery ban, which has been part of South Korea’s criminal law since 1953, intensified in recent years as fast-changing social trends challenged traditional values.

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