Month: October 2019

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Trading Ideas

Apple to Increase IPhone 11 Output by Up to 10%, Nikkei Reports

October 4, 2019 admin Comments Off on Apple to Increase IPhone 11 Output by Up to 10%, Nikkei Reports

(Bloomberg) — Apple Inc. has told suppliers to increase production of the latest iPhone 11 product line by as much as 10% to meet stronger-than-expected demand for the new handsets, the Nikkei Asian Review reported.The boost would add 7 million to 8 million units to the Cupertino, Calif.-based company’s smartphone production, the publication reported. The increase may validate Chief Executive Officer Tim Cook’s strategy of offering budget-conscious consumers less expensive models amid signs of a weakening economy, it said.Major improvements to the iPhone’s camera, including the addition of a new ultrawide camera for better architectural and tourist photos, alongside better …read more […]

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UPDATE 1-Security stepped up as 'Joker' opens in U.S. movie theaters

October 4, 2019 admin Comments Off on UPDATE 1-Security stepped up as 'Joker' opens in U.S. movie theaters

NEW YORK/LOS ANGELES, Oct 3 (Reuters) – Police in major U.S. cities were on alert on Thursday as “Joker” opened in movie theaters after weeks of publicity surrounding its disturbing portrait of a bullied loner raised fears it might spark violence. “Joker,” an origin story about Batman’s comic-book arch nemesis, stars Joaquin Phoenix in what movie reviewers have called a brilliant but terrifying performance as a mentally unhinged outcast who unwittingly finds fame through an act of violence. The DC Comics villain is associated with a 2012 mass shooting at a movie theater in Aurora, Colorado, a suburb …read more […]

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Business News

U.S. House panel wants Facebook’s Zuckerberg to testify on Libra by January

October 4, 2019 admin Comments Off on U.S. House panel wants Facebook’s Zuckerberg to testify on Libra by January

Facebook Inc Chief Operating Officer Sheryl Sandberg has tentatively agreed to testify before a U.S. House committee on Oct. 29 about the company’s plan for a digital currency, but the panel will not schedule the hearing until Chief Executive Mark Zuckerberg commits to appear by January, a congressional source said on Thursday.

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Avaya dials up RingCentral for cloud technology after suitor search

October 4, 2019 admin Comments Off on Avaya dials up RingCentral for cloud technology after suitor search

Avaya long made hardware systems that sit inside of businesses to provide unified phone and video conferencing services, as well as gear for call centers. The company, which emerged from a bankruptcy filing in 2017 after a previous $8.3 billion leveraged buyout by TPG Capital and Silver Lake in 2007, faces growing competition from large rivals such as Microsoft Corp and Amazon Web Services. Under the deal, Avaya will rely on RingCentral to provide cloud technology in a new offering. …read more […]