All About iPhone 14

iPhone 14 series was launched earlier this year with its Pro models featuring the Apple A16 Bionic chip. Now, a recent report has suggested that the Cupertino company will equip the iPhone 15 series Pro model with its new chipset — the Apple A17. It is believed that Apple is emphasising on delivering an improved … Read more

Crypto and securities, back of the postcard version

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Grace once again this week for our weekly roundup show, and hot dang was there a lot to talk about. So much so that we actually had to cut … Read more

Twitter and Elon Musk trial confirmed for October 17

Twitter’s bid to get Elon Musk to follow through with his multibillion-dollar bid to buy the social network will officially go to trial on October 17, a Delaware judge has confirmed. As Bloomberg reported earlier today, the ongoing feud between Twitter and the world’s wealthiest man will come to a head in the Delaware Court of … Read more

Herbert Diess was out as CEO. As a manager

More smartphone struggles, as reports trickle in for Q2. Per Canalys, global shipments dropped 9% for the quarter, reversing a brief recovery for the category, whose woes have only been amplified by the pandemic, ensuing shutdowns, supply chain issues and persistent economic uncertainty. The 287 million units represent the lowest figure since Q2 2020, when the … Read more

Will Volkswagen’s new CEO hamstring its EV push?

Yolkswagen dropped a bombshell announcement late last week: Herbert Diess was out as CEO. As a manager, Diess was controversial, with a style that chafed both executives and labor leaders alike. But as a strategist, he was on firmer ground, deftly steering Volkswagen out of the Dieselgate scandal and setting it on a path toward full … Read more

Facebook risks ban in Kenya for failing to stop hate speech

Kenya’s ethnic cohesion watchdog, the National Cohesion and Integration Commission (NCIC), has directed Facebook to stop the spread of hate speech on its platform within seven days or face suspension in the East African country. The watchdog was reacting to a report by advocacy group Global Witness, and Foxglove, a legal non-profit firm, which has fingered Facebook’s … Read more

Amazon shuts down its personal file storage service to focus on photos

Amazon’s consumer-focused storage service, Amazon Drive, will wind down over the next year, Amazon announced today. In an email to users, the company said that it was taking the opportunity to “more fully focus” its efforts on Amazon Photos, Amazon’s answer to iCloud Photos and Google Photos. Amazon Drive customers have until December 31, 2023 to save … Read more

After dominating the short-video market, TikTok may be considering a music service

TikTok parent company ByteDance filed a trademark application with the U.S. Patent and Trademark Office in May for a service called “TikTok Music.” First spotted by Business Insider, the filing indicates that the trademark could be applied to a mobile app that would allow users to purchase, play, share and download music. The short-form video app is already … Read more

Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed

A day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has directed all financial institutions to cease doing business with the two fintechs. The CBK’s bank supervision deputy director, Matu Mugo, directed all regulated banks, microfinance … Read more

The passage of the CHIPS Act could launch another US startup renaissance

The U.S. Senate earlier this week approved the CHIPS Act, which includes $52 billion to subsidize domestic semiconductor production. It still has to struggle its way through the bureaucracy (here’s a quick refresher), but clearing the Senate is a huge and important step toward the American chip fabrication industry getting a serious chunk of cash. Personally, I’m psyched that … Read more