Apple

Apple Watch was the leading smartwatch in the second quarter, with an estimated 4 million shipped worldwide, for a market share of more than 75 percent, according to Strategy Analytics. Samsung was a distant second with 400,000 shipped and a 7.5 percent market share.

However, the market is still nascent, and Apple Watch isn't an option for people who use Android smartphones.

Samsung's Gear S2 will work on Android - and for the first time, not just Samsung's Android phones. Meanwhile, watches running Google's Android Wear software will now work with Apple's iPhones.

After the email was sent, Apple share price regained ground by 2%.

Some analysts believe Apple’s stock is falling because it places inordinate faith in its smartphone the iPhone at a time when smartphone sales globally are beginning to peak.

Monday the 24^th of August, 2015 has been the worst day for European markets since 2008 with the FTSE shedding 74 billion pounds and the Dow Jones falling 1,000 points.

The world’s  second most profitable listed company, Apple saw its share price fall 13% before regaining ground.

Many attribute this slump to the weakness of the Chinese stock market. There are those who point to a blip caused by the summer season, which sees many risk takers on vacation.

A spokesperson for the firm told TechRadar that there is no future in freemium streaming because the business model is not sustainable.

"In terms of Spotify, there is no evidence that their 'freemium' business model is sustainable, as their numbers for the last two years show," said Napster in a statement.

Napster, which has around three million premium customers, also took a thinly-veiled pop at Apple Music and its Zane Lowe-curated Beats 1 Radio service.

Internal Apple documents obtained by The Guardian show that the tech giant has set up an automotive department in an unassuming building a few miles away from its Cupertino complex.

The team has been busy working on the ominous sounding Project Titan, which is Apple's codename for its experiments into building a self-driving car.

Apple has reportedly met with experts from Mercedes Benz, Tesla, BMW and Fiat-Chrysler, and is putting the feelers out for a possible test location.

These services come as smartphone cameras get better, and people take more photos and video with them. The problem is many of the images simply sit on the phones, taking up valuable space. Worse, digital memories can disappear when phones are lost or stolen.

KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 1.1 percent to 6,693 while the CAC-40 in France fell 0.4 percent to 5,085. Germany's DAX was 0.6 percent lower at 11,534. U.S. stocks were poised for a lower opening too, with Dow futures and the broader S&P 500 futures down 0.4 percent.