economy

  1. cageymaru

    Smartphone Manufacturers Slow Production as Global Demand Weakens

    According to reports, the global smartphone market is cooling off as manufacturers slowed production in Q4 2018 and have modest goals for Q1 2019. Smartphone sales in Q4 2018 were lower-than-expected and this has led to the scaling back of production by smartphone manufacturers. "TrendForce...
  2. cageymaru

    Apple Lowered Its Q1 Revenue Guidance Due to Slow iPhone Sales in China

    Apple has lowered its Q1 revenue guidance in a letter to investors. CEO Tim Cook also conducted an interview with CNBC in which he discusses factors such as rising trade tensions, the strong U.S. dollar and its effect on sales of iPhone products in China. He noted other factors such as users in...
  3. cageymaru

    The Future of Warfare Will Be Fought over Information

    The Los Alamos National Lab has a new video on the future of warfare. In the future, warfare will be fought over information using cyber-attacks to disrupt national economies, communications and information. Protecting information in an unhackable way using quantum communication is imperative...
  4. R

    Facebook Co-Founder Says Technology Will Continue Destroying Jobs

    In an interview with CNBC, Facebook co-founder Chris Hughes said that thinks that technology is going to "continue to destroy work." He also states that Americans who make less than $50k a year should be given a government stipend of $500 per month, as long as you are working. The boost he says...
  5. FrgMstr

    Apple App Store Revenue Climbs 33% Year Over Year

    The sheer scale of the revenue is astounding and some of the comparisons are extremely impressive. The revenue of Apple's App Store rose from $20B in 2016 to $26.5B in 2017. To put that kind of revenue into perspective, which I suggest us mere mortals will have a hard time doing, the App...
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