Foxconn reports Q2 profit of $1.07B, up 30% YoY, on revenue of $48.5B, up 20% YoY, due to strong demand from Apple and other clients
Apple's biggest partner issues warning Christopher Baugh / iPhone in Canada Blog : Apple Supplier Foxconn Reports Strong Quarterly Profit Ahead of iPhone 13 Ben Lovejoy / 9to5Mac : Foxconn hints at iP...
Disney+ misses on Q1 subscriber estimates, reaching 103.6M subscribers vs. 109.3M expected; ESPN+ subscribers rose 75% YoY to 13.8M, Hulu grew 30% YoY to 41.6M
with one worrisome difference Christopher Baugh / iPhone in Canada Blog : Disney+ Sees Subscriber Growth Slow in Q1 2021 Shawn Knight / TechSpot : Disney+ finishes the quarter with 103.6 million subsc...
In a letter to artists, Apple says it pays a penny per stream, roughly double Spotify, which pays an average of about one-third to half a penny per stream
Double What Spotify Pays Tatiana Cirisano / Billboard : Apple Music Says Per-Stream Royalty Rate Is Double What Spotify Pays Philip Elmer-DeWitt / Philip Elmer‑DeWitt : Apple vs. Spotify: Who can foll...
GSMA says Mobile World Congress Barcelona will go ahead in June, with plans for up to 50,000 in-person attendees
Exceptional times call for exceptional safety measures. Christopher Baugh / iPhone in Canada Blog : MWC Barcelona Conference Planning for 50,000 Attendees, Reveals Health and Safety Plan Scott Bicheno...
Sources: Facebook has signed up 12+ companies, including Visa, Mastercard, PayPal, and Uber, to back the cryptocurrency it plans to unveil next week
Here's Everything You Need to Know Mariella Moon / Engadget : WSJ: Facebook's cryptocurrency finds backing from PayPal and Uber Daniel Palmer / CoinDesk : Facebook Hires Standard Chartered Bank Lobbyi...
Lyft closes up 8.7% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B
and is now valued at $27 billion Taylor Soper / GeekWire : Lyft IPO: Ride-hailing giant begins trading at $24B valuation, first of many tech companies to go public Biz Carson / Forbes : Lyft Stock Jum...