Twitter Investor Chris Sacca Says Elon Musk Is ‘Alone Right Now’

Twitter Investor Chris Sacca Says Elon Musk Is ‘Alone Right Now’

Billionaire Chris Sacca Courtesy of Collision Conference The venture capitalist Chris Sacca, one of the first investors in Twitter and an early evangelist of the place, Elon Musk says he needs people around him who are willing to “speak some truth to power” because the company’s problems are too big for him to solve on … Read more

Foxconn’s efforts to ease workers’ fears of Covid led to tighter lockdowns

Foxconn’s efforts to ease workers’ fears of Covid led to tighter lockdowns

HONG KONG – When a small group of workers spent 27 hours locked inside the world’s largest iPhone factory in early October, it appeared to be little more than another temporary lockdown in China’s ongoing war against Covid-19. But the outbreak continued and on Monday, days after saying operations were stabilizing, Foxconn Technology Group cut … Read more

Meta is stocking up on the report, mass layoffs are set to begin

Meta is stocking up on the report, mass layoffs are set to begin

The Meta Platforms Inc. pavilion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, Monday, May 23, 2022. Jason Alden | Bloomberg | Getty Images Shares of Facebook owner Meta rose 6.5% on Monday after a Wall Street Journal report over the weekend said the company could start layoffs as soon … Read more

Apple warns iPhone production disrupted by China’s Covid-19 restrictions

Apple warns iPhone production disrupted by China’s Covid-19 restrictions

The Cupertino, California-based tech giant said on Sunday that the Zhengzhou assembly plant is currently operating but at reduced capacity. “We now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously expected, and customers will experience longer wait times to receive their new products,” the company said. Last week, Apple … Read more

Apple warns of Covid restrictions in China harming iPhone production

Apple warns of Covid restrictions in China harming iPhone production

After a Covid outbreak at a Foxconn factory in Zhengzhou, China, some workers chose to go home. The picture here shows the shuttle buses on 30 October 2022. VCG | Getty Images Apple said in a statement on Sunday that it has temporarily reduced production of the iPhone 14 due to Covid-19 restrictions at its … Read more

This school took away smartphones. The kids don’t mind.

This school took away smartphones.  The kids don’t mind.

A boarding school conducts a social experiment: a smartphone ban for all students and faculty. Buxton School, a 57-student high school in Williamstown in northwestern Massachusetts, had always prided itself on its close-knit community, where family-style meals are eaten at round tables and students and teachers share duties. But as smartphones became ubiquitous, faculty members … Read more

Qualcomm’s longevity with Apple comes at a price

Qualcomm’s longevity with Apple comes at a price

Cristiano Amon is the CEO of Qualcomm. The company on Wednesday became the latest chipmaker to see its numbers hit by a rapidly weakening smartphone market. Photo: Victor J. Blue/Bloomberg News Updated November 3, 2022 at 4:52 PM ET Qualcomm QCOM -7.66% will keep Apple‘s AAPL -4.24% lucrative iPhone business for a while yet – … Read more

Malicious app developer remains on Google Play

Malicious app developer remains on Google Play

Google has routinely been notified of apps containing malware listed in the Play Store, but it has routinely failed to catch already identified malware code.Photo: Eastern pop (Shutterstock) Google is still unable to catch malicious apps from being listed on its app store, but it appears that some develop it has been cited, is not … Read more

Qualcomm shares fall more than 7% after poor outlook, several months of chip glut

Qualcomm shares fall more than 7% after poor outlook, several months of chip glut

Qualcomm Inc. shares fell in the extended session on Wednesday after the chipmaker’s poor outlook and estimates of about two months or more of inventory it needs to manage in its core business. Qualcomm QCOM, -4.12% shares fell 7.6% after hours, after falling 4.1% to close at $112.50 in the regular session. In late July, … Read more

Chipmaker Qualcomm sees smartphone slump worsening

Chipmaker Qualcomm sees smartphone slump worsening

Qualcomm Inc. again lowered its forecast for smartphone shipments and gave a gloomier-than-expected sales outlook, joining other chipmakers facing a sharp turnaround in consumer demand after a pandemic-fueled boom. The mobile phone chip designer cut its forecast to a low double-digit percentage decline from a previous forecast of a mid-single-digit decline, indicating that the downward … Read more