Enterprise this week

The IMF trimmed its forecast for global growth in 2020, to 3.3%. The fund welcomed both the easing of the trade war between China and the United States and the diminishing probability of a no-deal Brexit, but said the prospects for economic growth remain weak overall. America’s GDP is expected to expand by 2% in…

 

Enterprise this week

SoftBank reported only a tiny operating profit of ¥2.6bn ($24m) for the latest quarter because of more losses at its Vision Fund for startups, which has come under scrutiny after a number of poor investments, most notably in WeWork. The drop in earnings comes after Elliott, an activist hedge fund known for its combative push…

 

Enterprise this week

The European Commission published its wide-ranging digital strategy that, among other things, seeks a “guarantee” of human oversight over artificial intelligence and a raft of measures, such as data sharing, to restrain America’s tech giants. Mark Zuckerberg, Facebook’s boss, visited Brussels to push his alternative plan on regulating social-media content, which emphasises monitoring standards and…

 

Enterprise this week

The coronavirus crisis in China unnerved the country’s stockmarkets. The CSI index fell by 8% in a day, its worst performance since August 2015, before rebounding somewhat. As an emergency measure China’s central bank injected extra liquidity into the financial system, the biggest such one-day intervention since 2004, and cut some interest rates. Macau closed…

 

Enterprise this week

The IMF trimmed its forecast for global growth in 2020, to 3.3%. The fund welcomed both the easing of the trade war between China and the United States and the diminishing probability of a no-deal Brexit, but said the prospects for economic growth remain weak overall. America’s GDP is expected to expand by 2% in…

 

Apple Seeds Third Beta of Upcoming macOS Catalina 10.15.three Replace to Builders

Apple today seeded the third beta of an upcoming macOS 10.15.3 update to developers for testing purposes, one week after seeding the second beta and more than a month after releasing the macOS Catalina 10.15.2 update. The new ‌‌macOS Catalina‌‌ beta can be downloaded using the Software Update mechanism in System Preferences after installing the…

 

Apple Teases ‘Beastie Boys Story’ Coming to Apple TV+ in April

Apple has shared a new teaser video for its upcoming “Beastie Boys Story” documentary that’s coming to Apple TV+ in the spring. Here’s a little story they’re about to tell…Coming April 24 to ‌Apple TV‌+, Mike Diamond and Adam Horovitz share the story of their band and 40 years of friendship in a live documentary…

 

Apple Ordered to Pay $85 Million in Royalties to WiLan in Patent Infringement Case

Apple must pay $85 million in royalties to Canadian patent holding company WiLan for infringing patents related to wireless communications, a jury in San Diego has ruled (via Bloomberg). The two patents relate to making phone calls while simultaneously downloading data. In August 2018, a different jury said Apple infringed the patents and awarded WiLan…

 

Apple Offering Free Alternative AirPods Professional Suggestions Beneath AppleCare+

Customers who have AirPods Pro that also purchased an AppleCare+ protection plan for $29 appear to be able to receive free replacement tips for their ‌AirPods Pro‌. Multiple MacRumors readers have reported being provided replacement tips at no cost after going through Apple’s support repair steps for the ‌AirPods Pro‌. From MacRumors reader Boshii:I’m not…

 

Apple Shops in Beijing Reopening Tomorrow With Restricted Hours, Different Chinese language Shops Stay Closed

Apple has updated its website to indicate that all five of its retail stores in the Beijing area will be reopening February 14 with limited hours of 11 a.m. to 6 p.m. local time until further notice, as noted by Reuters. Apple has yet to announce reopening dates for its other stores in mainland China,…