One silver lining in Tim Cook’s letter is his announcements about the growth of Apple Services worldwide. Cook says that Services generated over $10.8 billion in revenue during the quarter, growing to a new quarterly record in every geographic segment.
China just lifted its year-old ban on new video games but interestingly in the first batch approved none were from Tencent. Steinberg also noted that China “has gone very hyper” with the control they have put on games.
Retired Maj. Gen. Robert Scales says that we are already starting to see the manifestation of this hacking in the weapons they are deploying as we speak.
The world’s leading automotive alliance, Renault-Nissan-Mitsubishi, is spending a billion dollars over the next five years investing in technology-focused mobility startups. François Dossa, says that they are investing in technologies that will make the mobility of the future.
Motorola Solutions CEO Greg Brown explains how China went from a great business opportunity in the mid-1980s to an intellectual property stealing concern following their acceptance into the WTO in 2001.
Based on a successful delivery trial in China via Alibaba and Uber Eats in Miami, Starbucks has announced that they are adding delivery nationwide.
DiDi will be one of the frontrunners in autonomous vehicle technology development says Henry Liu, VP and Chief Scientist for DiDi Smart Transportation Initiatives. Liu says DiDi is unique in that it is not just an Internet company and not just an AI company but also is a transportation company.
“Anybody who does business in China compromises some of their core values,” says Alphabet Chairman John Hennessy in a live audience interview on Bloomberg. Alphabet is the parent company of Google.
The Head of Policy at Airbnb, Chris Lehane, says that they are seeing the same underlying dynamics and trends of millennials driving Airbnb growth in China that they saw earlier globally. With 400 million millennials living in China, the growth potential for Airbnb is massive.
In literature, the unicorn is a mythical creature that’s rarely seen. In the business world,…