Apple did nothing new after Steve Jobs' death: PayPal cofounder

Billionaire investor and PayPal cofounder Peter Thiel criticised Apple for failing to deliver major innovations since Steve Jobs' death in 2011, saying it has largely built on the original iPhone's success. "In my telling, it did nothing new after Jobs," Thiel said. He added that the mobile phone was a major invention, followed by years of "scaling and branding".