Chinese government data: foreign-branded smartphone shipments, most of which are iPhones, rose 52% YoY to ~3.5M in April, after stabilizing in March 2024
- Official data for April showed Chinese mobile demand returning — The iPhone's bad start to the year prompted retail price cuts
Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project
How Huawei lost a ~$200M contract to build Danish telecom TDC's 5G network in 2019, after TDC opened a probe suspecting Huawei of unethical business practices
A look at the face off between the Khoisan, an ancient southern African tribe, and Amazon, which plans to build a regional HQ on sacred land in South Africa
Loni Prinsloo / Bloomberg : Tweets: @loniprinsloo1 , @quicktake , and @atbwebb Tweets: Loni Prinsloo / @loniprinsloo1 : Drone and video footage of the site where Amazon is buildin...
Meta focusing on Europe makes sense for three reasons: raising ARPU in the region to US levels, facing off regulatory headwinds, and attracting cheaper talent
greater proximity to a market where it's underpenetrated. https://www.bloomberg.com/... Alex Webb / @atbwebb : What's more, talent is a helluva lot cheaper here. Average software e...
Meta focusing on Europe makes sense for three reasons: raising ARPU in the region to US levels, facing off regulatory headwinds, and attracting cheaper talent
greater proximity to a market where it's underpenetrated. https://www.bloomberg.com/... Alex Webb / @atbwebb : What's more, talent is a helluva lot cheaper here. Average software e...
Sources: Adam Mosseri plans to temporarily relocate to London and build out Instagram's presence over the coming months at Meta's King's Cross offices
UK capital will effectively become social media app's base as parent Meta battles TikTok — Instagram head Adam Mosseri is moving to London …
Sources: Adam Mosseri plans to temporarily relocate to London and build out Instagram's presence over the coming months at Meta's King's Cross offices
UK capital will effectively become social media app's base as parent Meta battles TikTok — Instagram head Adam Mosseri is moving to London …
Data.ai: TikTok users spent $847M on in-app payments from January through March, up 184% YoY, a record for an app; TikTok had 1.6B MAUs at the end of March
Alex Webb / Bloomberg :
LinkedIn profiles show TikTok has hired over 190 European content moderators from Accenture and others since January 2021, as its European business explodes
Short-form video app hires hundreds to help curb spread of harmful content — TikTok has poached hundreds of content moderators … Tweets: @j_k9 , @atbwebb , @mattnavarra , @murada...
Analysis: Meta has filed dozens of patents to monetize its metaverse, including a virtual store with sponsored items, eye and face tracking in headsets, more
Meta hopes to use tiny human expressions to create virtual world of personalised ads — Pupil movements, body poses and nose scrunching …
Apple's product design has improved since Jony Ive left, as it seems to be putting the emphasis back on function over form and is less obsessed with thinness
At one time, even broaching the idea would have been sacrilegious. But here goes: might Apple Inc.'s product design have improved since the departure of Jony Ive?
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week
Richard Pallot / ITV :
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week
Exclusive: Watch footage showing the ‘destruction zone’ in Amazon's Dunfermline warehouse where millions of unsold items are destroyed every year
Deliveroo closed down 26% in its LSE debut, after pricing shares at £3.90, valuing it at £5.2B
Fall comes after food delivery company priced its shares at bottom end of range — Deliveroo's shares plunged 26 per cent in the company's London debut on Wednesday …
Deliveroo drops by as much as 30% on its LSE debut, after pricing shares at £3.90, valuing it at around £5.6B; poor debut likely due to labor practice issues
Update: It seems that the market is volatile indeed. After pricing its shares at the lower end of the range …
Apple says it will invest €1B in Germany over the next three years and will make Munich its European Silicon Design Center
Apple says it will invest €1B in Germany over the next three years and will make Munich its European Silicon Design Center
Apple says it will invest €1B in Germany over the next three years and will make Munich its European Silicon Design Center
Apple says it will invest €1B in Germany over the next three years and will make Munich its European Silicon Design Center
Apple will make Munich its European Silicon Design Center, the company announced today. Work already being undertaken by Apple in Bavaria's capital is contributing …