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Chinese online retailers slash iPhone prices for second time this year

Chinese online retailers slash iPhone prices for second time this year

SHANGHAI (Reuters) - Chinese online retailers have started discounting iPhones for the second time this year as Apple Inc wrestles with a prolonged sales slowdown in the world’s largest smartphone market.Several electronics vendors announced discounts on iPhone devices this week, following mass discounts in January just before Apple reported sinking sales in China.Gadget retailer Suning.Com Co Ltd said it would slash the price of the iPhone XS by as much as 1,000 yuan ($148.95) from its official price. Suning had lowered the prices of other iPhone models in January along with other retailers, but those cuts excluded the iPhone XS.
Beto O'Rourke calls for nationwide legalization of marijuana

Beto O'Rourke calls for nationwide legalization of marijuana

Former Rep. Beto O'Rourke (D-Texas) on Monday expressed support for the federal legalization of marijuana as he mulls a potential presidential bid in 2020.CNN reported that O'Rourke sent an email to supporters in which he backed the repeal of the federal criminalization of marijuana and called for the records of those jailed over marijuana possession to be expunged.O'Rourke pitched the overhaul of federal marijuana laws as part of a broader array of criminal justice reform proposals, CNN reported. Others included allowing convicted criminals to apply for loans, and banning the box on job application forms that requires job applicants to disclose their criminal history.
IDC Reports Strong Growth in the Worldwide Wearables Market, Led by Holiday Shipments of Smartwatches, Wrist Bands, and Ear-Worn Devices

IDC Reports Strong Growth in the Worldwide Wearables Market, Led by Holiday Shipments of Smartwatches, Wrist Bands, and Ear-Worn Devices

FRAMINGHAM, Mass.--(BUSINESS WIRE)--The worldwide market for wearable devices grew 31.4% during the fourth quarter of 2018 (4Q18), reaching a new high of 59.3 million units according to data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Growth in the market was driven by new wearables launching during the months leading up to the holiday season as well as new smartphone launches as many were bundled with wearables from leading brands. Shipments for the entire year of 2018 grew by 27.5% with 172.2 million wearables shipped. Much of this growth was attributed to the growing number of ear-worn devices as they captured almost a quarter of the market during the year.
Bitcoin Giant Coinbase Drops Hacking Team C-Suite After Public Outcry

Bitcoin Giant Coinbase Drops Hacking Team C-Suite After Public Outcry

What a past couple of weeks it has been for Coinbase. The San Francisco-headquartered added XRP to its Pro and Consumer platforms in rapid succession, and the firm acquired Neutrino, an analytics and research startup.  In a company statement, the now-Neutrino owner, valued at a hefty $8 billion, noted that it participated in this business deal due to the importance of blockchain data in its raison d’etre of creating a global open financial system.
Facebook is thinking about using 'cartilage conduction' technology in augmented reality headsets, for audio without headphones

Facebook is thinking about using 'cartilage conduction' technology in augmented reality headsets, for audio without headphones

Facebook is thinking about a novel approach to providing sound in augmented reality: "cartilage conduction" technology that would allow you to hear sound from a computer without having to wear headphones.Adding sound to virtual reality is pretty straightforward — the user's headset replaces the entire world with virtual imagery, so they can pop a pair of headphones or speakers on to complete the illusion. But with augmented reality, where virtual objects are overlaid via a display over the real world, it's more tricky; users might benefit from added sound, but traditional headphones could block out sound from real life entirely.
QuadrigaCX mystery deepens after cryptocurrency cold wallets found empty

QuadrigaCX mystery deepens after cryptocurrency cold wallets found empty

Following weeks of speculation, QuadrigaCX’s court-appointed auditor has finally revealed the addresses for the struggling cryptocurrency exchange’s offline Bitcoin wallets.According to EY, which published its third report into the investigation on Friday, the cold storage wallets are empty – aside from a transfer of $400,000 worth in Bitcoin which was inadvertently sent last month – meaning $100 million in user funds continues to be unaccounted for.The news comes after the exchange said in January that it owed customers approximately $134 million worth of cryptocurrency.
Cook Says Apple Is ‘Rolling the Dice’ on Future Products

Cook Says Apple Is ‘Rolling the Dice’ on Future Products

Apple Inc. Chief Executive Officer Tim Cook said he has "never been more optimistic" about where the company is today and where it’s heading. In a pep talk to investors, Cook said the iPhone maker is “planting seeds” and “rolling the dice” on future products that will just “blow you away.”Speaking at the company’s annual general meeting in Cupertino, California, Cook reiterated that the iPhone maker is still on track to double revenue from services in 2020 from the nearly $25 billion in 2016. Referencing speaking notes on an iPad, Cook touched on several of the company’s product categories.He said eventually the goal is to lower the price on the $1,200 MacBook Air laptop with a higher-resolution screen and said there’s a “long, great roadmap of fantastic” products related to the Apple Watch and AirPods. He indicated that more health features would come to the smartwatch.
'Worst of the bad news' is behind Apple when it comes to iPhone sales

'Worst of the bad news' is behind Apple when it comes to iPhone sales

"While March mix is still bad, the tone in the supply chain is staring to improve and price reductions in China may be starting to clear channel inventory," Timothy Arcuri from IBS said in a memo seen by AppleInsider. Procurement estimates for the iPhone XR are claimed to be up quarter-over-quarter in June, something unusual for an iPhone at this stage in its product cycle.UBS is boosting its June-quarter iPhone estimates from 32.5 million units to 34.5 million, though mostly on the basis that Apple is expected to sell more pre-2018 models. While UBS is predicting 3 million more iPhone XR sales, it's expecting an equal decrease in iPhone XS and iPhone XS Max shipments. That should also push iPhone ASP (average selling price) down, UBS's revised estimate for the June quarter being $655 instead of $683. Forecast revenue is nevertheless being increased from $50 billion to $50.4 billion.
Barbara Lee Files Three Pieces Of Social Justice Marijuana Legislation In One Day

Barbara Lee Files Three Pieces Of Social Justice Marijuana Legislation In One Day

Rep. Barbara Lee (D-CA) introduced three wide-ranging marijuana bills in Congress on Thursday.The congresswoman, who was named as a co-chair of the Congressional Cannabis Caucus last month, re-filed legislation to end federal cannabis prohibition, bar the federal government from using funds to interfere in state-legal marijuana programs and encourage reform policies to help communities of color participate in the legal market.
VR virtual reality May Reveal How Time is Perceived in Space

VR virtual reality May Reveal How Time is Perceived in Space

Einstein’s time-dilation hypothesis states “that time slows down the faster you travel,” according to the European Space Agency (ESA). Flying atomic clocks aboard aircraft have verified the hypothesis, and astronauts on the International Space Station (ISS) are continually studying their perception of time in space.Right now, ISS astronauts are traveling at 17,895 mph (28,800 km/h), which is so fast it’ll make them 0.007 seconds younger when they return home.  In accordance to Einstein’s prediction, astronauts on the space station say that “time seems to speed up in microgravity,” according to the ESA. How time is perceived in space is important to understand, since precision is key in many non-terrestrial experiments, so astronauts are using VR virtual reality to learn more, testing reaction times and time duration.


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