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With new operating system, Apple revamps its money-making App Store

Apple’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps. The system, called iOS 11, is being released on Tuesday ahead of its two newest phone handsets, the iPhone 8 and iPhone X, set to start shipping to customers on Friday and Nov. 3, respectively. The most visible changes will come to App Store. The App Store is the backbone of Apple’s services segment, which brought in $21.5 billion in…

Swatch to launch Swiss smartwatch operating system by 2018

Swatch Group is developing a Swiss-made operating system as it seeks to offer a smaller, more flexible alternative to the dominant systems which connect items such as smartwatches to the internet, its chief executive said on Thursday. The world’s biggest watchmaker has been skeptical about smartwatches, which use systems like Google’s Android Wear, Samsung’s Tizen OS and Apple’s WatchOS to connect to the internet, and has so far launched watches with limited connected features under its Tissot and Swatch brands. CCS…