Apple Admits to Slowing Phones and the End of Wearables?
A rare admission from Apple, as the tech giant admits to slowing down old phones to prevent battery burnout. The company says the software is meant to keep iPhone 6s and 7s from unexpectedly shutting down because the processor has burnt out. But skeptics wonder if the company is trying to force users to upgrade to newer, more expensive phones.
And a new report from eMarketer predicts usage of wearables will slow next year, with smartwatch user growth dropping to less than 6 percent by 2021.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
President Donald Trump pulled a rabbit out of his trade war hat this week, announcing a trade deal with Japan putting 15% tariffs on most Japanese imports.
Nextdoor CEO Nirav Tolia shares how the neighborhood app's redesign aims to inform, connect, and protect communities with smarter features and local insight.
