iPhone Revenue Drops $6 Billion – This Week in Tech – 05/05/2019
iPhone Revenue Drops $6 Billion
Well, iPhone sales are still slipping — the company made $6 billion less from iPhone sales in the second quarter of 2019 than it did in the same quarter last year — but Apple is still turning a profit. The company’s focus going forward remains services and wearables, two categories CEO Tim Cook has highlighted every quarter as it became clear that iPhones couldn’t sustain Apple forever…
NASA Says Metals Fraud Caused $700 Million Satellite Failure
A metals manufacturer faked test results and provided faulty materials to NASA, causing more than $700 million in losses and two failed satellite launch missions, according to an investigation by the U.S. space agency…
Motherboard Maker Super Micro Is Moving Production Away From China to Avoid Spying Rumors
Through the looking glass: Questionable facts may have caused severe damage to Super Micro’s brand reputation and are now causing a relocation of motherboard manufacturing. China once produced the vast majority of all server motherboards, but will soon be responsible for less than half…
Apple CEO Tim Cook Says Digital Privacy ‘Has Become a Crisis’
Apple CEO Tim Cook called online privacy a “crisis” in an interview with ABC News, reaffirming the company’s stance on privacy as companies like Facebook and Google have come under increased scrutiny regarding their handling of consumer data…
$356 Million in Cryptocurrency Stolen in First Three Months of 2019
Cryptocurrency thieves earned at least $356 million in the first quarter of 2019, which could see the industry face a billion-dollar money laundering problem by year’s end…
Leaked: Google’s Pixel 3a Price May Be Just $399
Google may be having a hard time selling its flagship Pixel phones, with sales of the Pixel 3 lagging behind the Pixel 2. But the company is apparently hoping that a lower price tag on a midrange version of its Pixel might get people excited about its smartphones again…
Louis Farrakhan, Alex Jones and Other ‘Dangerous’ Voices Banned by Facebook and Instagram
New York (CNN Business)Facebook announced Thursday that it had designated some high-profile people, including Nation of Islam leader Louis Farrakhan, who’s notorious for using anti-Semitic language, and right-wing conspiracy theorist Alex Jones, as “dangerous” and said it will be purging them from its platforms…