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Earlier today, we noted increasing rumors regarding Apple and News Corp working together to launch a tablet-focused news product, with John Gruber weighing in to suggest that Apple is tentatively planning for a December 9th media event to introduce the new offering. Gruber noted that Apple's key role in the product's development has been the creation of APIs to support recurring subscription billing via iTunes Store accounts, functionality that would presumably require another iOS update.

MacStories adds its voice to the rumors, claiming that Apple has been planning for a release of iOS 4.3 for Monday, December 13th. That release plan was predicated, however, on iOS 4.2 seeing an early November debut, a schedule that was pushed back after Apple discovered several bugs just prior to release.
Here's what we heard from a reliable source: when Apple didn't know about the WiFi issues in the GM seed of iOS 4.2, the OS was scheduled to be released weeks before Nov. 22nd. Apple found out about the WiFi issues, released a second GM build and iOS 4.2 came out yesterday. It came out in November, but it should have been out in the first half of November. Anyway, before the WiFi issues were discovered, Apple was already planning to release a new build of iOS 4.x in mid-December. Most specifically, they were planning for an iOS 4.3 release on December 13th, which is a Monday.

Our source tells us it is unclear whether the "extra time" that was required to ship iOS 4.2 (actually, it's iOS 4.2.1) will cause a delay for the rumored release of iOS 4.3 on December 13th or not. iOS 4.3 should, however, include bug fixes and maintenance of the code. It's likely that 4.3 will also address the initial issues found in AirPlay, but we can't confirm this just yet.
The source also indicates that iOS 4.3 will indeed support the new recurring subscription functionality needed for The Daily, with a possibility of more substantial cloud-based services coming at the same time.

With the rumored December 13th launch for iOS 4.3 less than three weeks away now, we have yet to see Apple seed any builds of the next version to developers, casting some doubt on whether Apple will be able to meet this goal.

Article Link: Apple Reportedly Targeting Mid-December for iOS 4.3 Release
 
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The lack of any public 4.3 betas certainly has me suspicious of this date.
 
if the only thing new is recurring payments what's the point of a GM? a lot of the cloud code is on the back end
 
The main question is when is Angry Birds getting Multitasking? I'm sick of relaunching the App after looking up the cheat on YouTube.
 
The main question is when is Angry Birds getting Multitasking? I'm sick of relaunching the App after looking up the cheat on YouTube.

Not sure what you're talking about... when I hot YouTube and go back to Angry Birds, the game automatically paused and picked back up where it left off.

I'm referring to the iPhone version, however. Perhaps Angry Birds HD hasn't been updated yet.
 
The inability of using AirVideo to send videos to an ATV2 via AirPlay is greatly affecting my decision to buy ATV2s for friends and family for Christmas. Hopefully 4.3 will change that.
 
It would be nice if htey made the updates smaller... incremental rather than having to download 600mb... broadband is pathetic enough here, without having my data gobbled up by updates. Including the never ending run of iTunes updates.
 
The inability of using AirVideo to send videos to an ATV2 via AirPlay is greatly affecting my decision to buy ATV2s for friends and family for Christmas. Hopefully 4.3 will change that.

Apple has nothing to do with that. Tell the developer.
 
Makes no sense. 4.2 was in beta for 2 months. How would 4.3 come out with no new features (users) in 3weeks.
 
Now watch, when Apple doesn't release 4.3 on Dec. 13th, the trolls here will scream and moan about Apple not keeping their promises, not noticing it was never Apple who said Dec. 13th.
 
Not interested in reading anything coming out of News Corp, but if this means reasonably priced Wired Magazine (read: $10-20/year, or same-to-double what the paper edition costs), then I can't wait.
 
Makes no sense. 4.2 was in beta for 2 months. How would 4.3 come out with no new features (users) in 3weeks.
If the rumor is true, it's nowhere near the size and scope of 4.2. Thus, much less testing should be required. I'm a bit skeptical of it being called 4.3, though. Maybe 4.2.2 as others have suggested.
 
Monday 13th December? Since when have Apple released FW on a Monday? It is too soon for a FW release and a Monday makes me doubt the validity of this rumour.
 
The main question is when is Angry Birds getting Multitasking? I'm sick of relaunching the App after looking up the cheat on YouTube.

Forget Angry Birds. I'm waiting for Angry Cats to come out.
 
AirPlay API isn't available to the devs in 4.2.1 SDK, so no its not up to the developer right now, its up to Apple to make the API public. Thanks.

AirPlay is built into the AV Foundation framework. I just looked it up and there is a way to control audio but it looks like for Video you have to use the built in media player in the MediaLayer.
 
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