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December 27, 2020, 6:50 PM
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| Bloomberg: |
China's central bank tells Ant it must overhaul its lending, insurance, and wealth management businesses and come up with a timetable as soon as possible — - Authorities require Ant to overhaul business, set up timetable — Ant was blasted over governance, disdain toward compliance
More:
Bloomberg, Wall Street Journal, Bloomberg, and New York Times
Tweets: @doubleeph, @giorgiomomurder, @skupor, @business, @seyitaylor, @ashishdave, @spirosmargaris, and @luluyilun
| Chance Miller / 9to5Mac: |
Apple's system status webpage indicates that the company has resolved an outage affecting iCloud Account and Sign In services — Apple's system status webpage indicates that the company has resolved an outage affecting “iCloud Account and Sign In” services.
More:
Engadget, MacRumors, AppleInsider, The Verge, Gizchina, Pocketnow, Gizmodo, PCMag, iMore, Redmond Pie, Fortune, BleepingComputer, and Forbes
| Joe Rossignol / MacRumors: |
Kuo: Apple Car's unclear development schedule means it may launch in 2025-2027, while changes in EV/self-driving market may push the launch to 2028 — Earlier this week, Reuters reported that Apple is targeting 2024 for production of its long-rumored electric vehicle with “next level” …
More:
9to5Mac, phonearena.com, 500ish, appleosophy.com, AppleInsider, iPhone in Canada Blog, iPhone Hacks, iMore, and Patently Apple
Tweets: @asymco, @angellamuno, @rsgnl, @bluelantern92, and @leaksapplepro
| Lee Brown / New York Post: |
Nashville mayor says the Christmas day explosion in the city appears to have targeted an AT&T building, amid reports the suspect was paranoid about 5G — Nashville's mayor said Sunday that the city's Christmas blast appeared to be an “infrastructure attack” on the AT&T building there …
More:
AT&T, WSMV-TV, The Guardian, phonearena.com, and UPI
Tweets: @rstephens, @josephmenn, @charlesarthur, @hannonizer, @kurtbardella, @justinhendrix, @rolandixor, and @nc5_akoehn
| Greg Ip / Wall Street Journal: |
Due to the pandemic, trends that normally may have taken years to unfold, like remote work or the shift from physical to virtual commerce, happened in months — Spurred by the pandemic, business changes that normally might have taken years unfolded in months.
Tweets: @csapkota, @jessefelder, @mileskimball, and @mileskimball
| Michelle Gao / CNBC: |
| Andrew Davis / Bloomberg: |
Report: Facebook closed Irish subsidiary and moved billions in profits back to US following IRS suit; Irish subsidiary paid $101M in tax on $15B profit in 2018 — Facebook Inc. has moved to wind down several Irish holding companies that had allowed it to shift billions of dollars in profit to the country …
Source:
The Times. More:
The Guardian and Engadget
Tweets: @reflectingman, @cnada, @revolution_irl, @business, @_jack_poulson, and @blmohr
| Paresh Dave / Reuters: |
Laptop and desktop manufacturers are still months away from fulfilling outstanding orders as sales see a renaissance; shortages won't ease until 2022 — OAKLAND, Calif. (Reuters) - The world stocked up on laptop and desktop computers in 2020 at a level not seen since the iPhone debuted in 2007 …
More:
phonearena.com, MSPoweruser, and Thurrott
Tweets: @seamus, @glenngabe, @sub8u, @tomwarren, @gadgets360, and @gadgets360
| Miles Kruppa / Financial Times: |
Study: the median valuation for SaaS companies raising their Series C rose by 40% to $210M this year, while their median revenue grew 20% — Valuations soar in Silicon Valley with venture capitalists racing to find next big thing — The surging value of cloud software companies …
Tweets: @trengriffin, @outsidadgitator, @julianklymochko, and @caffeinatedinv1
| Kim Lyons / The Verge: |
Citing environmental concerns Xiaomi CEO says its flagship Mi 11 phone will not come with a charger in the box; Xiaomi mocked Apple earlier over the same issue — Xiaomi's CEO confirmed the decision on social media site Weibo — Lei Jun, the CEO of Chinese phone maker Xiaomi …
More:
MacRumors, AppleInsider, International Business Times, Android Police, BGR India, SlashGear, iPhone in Canada Blog, Game Rant, GSMArena.com, Mashable, PCMag, Engadget, phonearena.com, iClarified, and Gizchina
Tweets: @ishanagarwal24, @ishanagarwal24, @mkbhd, @snazzyq, @jloague, @rnormand, @somegadgetguy, and @chetansharma
| Lars Eidnes / ITNEXT: |
Analysis of the top 1M pages on the web finds that HTTP/2 is now more common than HTTP/1.1; jQuery, Google Analytics were the top JavaScript libraries by usage — We rendered the top 1 million pages on the web, tracking every conceivable performance metric, logging every error, noting every requested URL.
More:
The Startup
| Reuters: |
Mastercard SpendingPulse: US online holiday sales from Oct. 11 to Dec. 24 grew 49% YoY, for a 19.7% share of overall retail sales, up from about 13.4% in 2019 — (Reuters) -U.S. retail sales rose 3% during this year's expanded holiday shopping season from Oct. 11 to Dec. 24 … | New York Times: |
Beijing's frenzied drive to free itself from a reliance on imported chips could prove to be one of the enduring legacies of Trump's trade policies toward China — Beijing's drive to free itself from reliance on imported semiconductors has lifted start-ups and big firms alike. Some have flamed out.
Tweets: @nytimesbusiness, @orangeman1992, @jchengwsj, and @nytimestech
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Zoho:
Knowledge management vs. document management — Document management is the process of storing and tracking documented information within the organization, while knowledge management is a more broader approach …
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Associated Press, Slashdot, New York Times, and Bloomberg
Tweets: @justinhendrix, @fboversight, @rededdy56, @bruno_j_navarro, @alfonslopeztena, and @jason_kint
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phonearena.com, TechSpot, Pocketnow, Engadget, 91mobiles.com, The Indian Express, NDTV Gadgets 360, and Slashdot. Tweets: @liliputingnews