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Apple warns investors novel coronavirus outbreak will likely reduce iPhone sales February 18, 2020 – Posted in: Blog

Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei province, the epicentre of the outbreak, and all have been reopened. READ MORE: Death toll from COVID-19 rises to 1,868, according to latest figures from China But the company said production is ramping up slowly.…

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Airbnb Has Devoured London. Here’s the Data to Prove It February 16, 2020 – Posted in: Blog

The number of Airbnb listings in London has quadrupled in the last four years as more and more of the city’s housing stock has been gobbled up by shor The number of Airbnb listings in London has quadrupled in the last four years as more and more of the city’s housing stock has been gobbled up by short-term rental companies. As of May 2019, 80,770 properties in London were listed on Airbnb, with a staggering…

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The US Hits Huawei With New Charges of Trade Secret Theft February 14, 2020 – Posted in: Blog

Competitors have long accused Chinese telecommunications giant Huawei of corporate espionage. Now the company is facing US federal charges over what p Competitors have long accused Chinese telecommunications giant Huawei of corporate espionage. Now the company is facing US federal charges over what prosecutors call a decades-long conspiracy to steal trade secrets. On Thursday, the Department of Justice filed a 16 count indictment against Huawei that included charges under the Racketeer Influenced and Corrupt Organizations…

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The DOJ Asks Startup Investors: Are Tech Giants Too Powerful? – Posted in: Blog

Whether the largest tech companies have too much power has become a common question in Washington, DC. The House Antitrust subcommittee and Federal Tr Whether the largest tech companies have too much power has become a common question in Washington, DC. The House Antitrust subcommittee and Federal Trade Commission both have active investigations on the topic. On Wednesday, the Department of Justice took the matter of big tech’s power and what—if anything—to do about it…

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Why Are We Polarized? Don’t Blame Social Media, Says Ezra Klein February 13, 2020 – Posted in: Blog

NT: Andreessen may have decided that it was grim, too, because he’s put his bullhorn on the shelf and decreased his Twitter activity by roughly 99 per NT: Andreessen may have decided that it was grim, too, because he’s put his bullhorn on the shelf and decreased his Twitter activity by roughly 99 percent over the last two years. (And if he starts up again, please let me know! As far as I can tell,…

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Mobile World Congress Is Canceled Over Coronavirus Fears – Posted in: Blog

Mobile World Congress, the wireless industry’s annual showcase, typically attracts 100,000 representatives from technology companies, carriers, and go Mobile World Congress, the wireless industry’s annual showcase, typically attracts 100,000 representatives from technology companies, carriers, and governments to Barcelona, Spain. But not this year. The GSM Association, an industry group that organizes the gathering, said Wednesday it is pulling the plug on this year’s affair, the latest fallout from the coronavirus global health emergency. “The GSMA…

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Zuck’s Lost Notebook, Marsupial Trouble, and More News February 12, 2020 – Posted in: Blog

Zuck’s notebooks are open and marsupials aren’t copin’, but first: a cartoon about smart cars. Here’s the news you need to know, in two minutes or les Zuck’s notebooks are open and marsupials aren’t copin’, but first: a cartoon about smart cars. Here’s the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! Today’s News Inside Mark Zuckerberg’s lost notebook…

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Why the FTC Wants to Revisit Hundreds of Deals by Big Tech – Posted in: Blog

When Facebook bought WhatsApp for $22 billion in 2014, many observers scratched their heads. The smaller messaging platform had annual revenues in the When Facebook bought WhatsApp for $22 billion in 2014, many observers scratched their heads. The smaller messaging platform had annual revenues in the low tens of millions. How could it be worth so much? Soon enough, however, Facebook’s logic became clear. While little noticed in the US, WhatsApp was already a juggernaut…

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Coronavirus live updates: China death rate appears to slow as 39 new cases found on cruise ship – latest news – Posted in: Blog

Naaman Zhou, one of our reporters in Sydney, has been writing about the moving case of the 18-month-old Australian girl who is trapped in Hubei. Chloe Luo’s parents sent her to China in January to stay with her grandmother in order to escape the bushfires then sweeping the Australian capital Canberra where the family lives. After her grandmother fell sick with a cold, not related to coronavirus, Chloe is being looked after by her great…

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Judge Rules That T-Mobile Can Acquire Sprint February 11, 2020 – Posted in: Blog

You’ll likely have one less choice for mobile service soon.Last year, nine states and the District of Columbia filed suit to block T-Mobile’s $26.5 b You’ll likely have one less choice for mobile service soon. Last year, nine states and the District of Columbia filed suit to block T-Mobile’s $26.5 billion acquisition of Sprint. Tuesday, a federal judge ruled against the states, allowing the merger to move forward. The deal still needs approval from the…

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