by Nenita M. Eller | Jul 31, 2020 | Smartphone
By Yingzhi Yang and Julie Zhu BEIJING/HONG KONG (Reuters) – Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters, against a backdrop of rising Sino-U.S. tensions over its...
by Nenita M. Eller | Jul 31, 2020 | Smartphone
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Apple had a much better quarter than Wall Street anticipated, as consumers proved resilient despite the COVID-19 pandemic. Apple’s...
by Nenita M. Eller | Jul 31, 2020 | Smartphone
Tim Cook AP Photo/Ng Han Guan Apple CEO Tim Cook said the company would extend its work-from-home policy for US workers until early 2021, per a Bloomberg report. If that timeline were to be extended further, it would depend on “the success with a vaccine,...
by Nenita M. Eller | Jul 31, 2020 | Smartphone
Apple (AAPL) on Thursday confirmed that its next iPhone, presumably called the iPhone 12, will be delayed “a few weeks.” The announcement came during the company’s Q3 2020 earnings call with Apple CFO Luca Maestri saying that while last year’s iPhone launched in late...
by Nenita M. Eller | Jul 31, 2020 | Smartphone
(Bloomberg Opinion) — What timing. On Wednesday, the CEOs of four of the biggest U.S. technology companies downplayed the market power of their respective firms in a landmark antitrust hearing before a House subcommittee. Then just a day later, the same...
by Nenita M. Eller | Jul 31, 2020 | Smartphone
(Bloomberg) — Facebook Inc.’s second-quarter sales topped analysts’ highest estimates, rebounding from a pandemic-fueled disruption to digital advertising earlier in the year as its social media apps continued to draw more users. Revenue rose 11% to $18.7...