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Kangerluarsuk Survey Programme
Press Release | 09/14/2022
September 14, 2022
OTC Disclosure & News Service
London, ENG, United Kingdom —
This release includes additional documents. Select the link(s) below to view.
Kangerluarsuk survey Final.pdf
https://www.otcmarkets.com/stock/BLLYF/news/Kangerluarsuk-Survey-Programme?id=372361
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining
14 September 2022
Bluejay Mining plc (‘Bluejay’ or the ‘Company’)
Kangerluarsuk Survey Programme
Bluejay Mining plc, the AIM, FSE-listed and OTCQB traded exploration and development company, is pleased to provide an update on the 100% owned Kangerluarsuk zinc-lead-silver project (‘Kangerluarsuk’ or the ‘Project’) in West Greenland.
Highlights
• Aerial geophysical survey covering nearly 600-line kilometre’s (‘km’) of gravity gradiometry,
magnetic and terrain data was completed last week, within budget, and with 100% of the data
accepted.
• Fully processed results will be received in Q4 2022, with further integration and interpretation
concluding in Q1 2023, with the anticipation of raising confidence in existing drill targets and
adding additional ones.
• Kangerluarsuk, located 12km north of the historical Black Angel zinc, lead and silver mine
(Greenland’s most profitable historic mine), has never been drilled. Bluejay plan to drill as soon
as is practicable.
•Work by previous operators produced outcropping surface channel results of up to 41.1% zinc &
45.4% lead and grab samples of up to 9.3% lead, 1.2% copper and 596 grammes per tonne (‘g/t’)
silver.
Bo Møller Stensgaard, CEO of Bluejay Mining, commented:
"We are excited to have completed the airborne gravity survey at Kangerluarsuk. The data was acquired through the efficient cost-effective use of this platform already operating in West Greenland. This data will ultimately allow us to increase confidence in a future drill campaign at the Project.
“With Zinc’s inclusion in the 2022 List of Critical Minerals issued by the U.S. Geological Survey, the Company believes that Kangerluarsuk has the potential to create material value for our shareholders. We look forward to sharing the results of the survey following receipt of the analysed data.”
Further Information
The Kangerluarsuk aerial survey commenced in late August and was completed last week. This aerial fixedwinged survey was conducted by Xcalibur Multiphysics covering 587-line km’s utilised Lockheed Martin’s aerial gravity gradiometer, high precision Scintrex magnetometer data, and a laser scanner for accurateterrain data. The survey was completed within budget and had 100% of the collected data accepted. The fully processed data, which includes gravity surveying, is expected to be delivered in Q4 2022.
Further interpretation and integration of the gravity gradiometry data with existing geological, geophysical and geochemical datasets will be assimilated into the Company’s model of Kangerluarsuk. This will increase targeting confidence, allowing prioritisation of existing targets, as well as potentially adding new targets ahead of a future drilling campaign.
Historic work at Kangerluarsuk by previous operators identified outcropping mineralisation with up to 41.1% zinc & 45.4% lead and grab samples of up to 9.3% lead, 1.2% copper and 596 g/t silver. The attractiveness of these potential grades makes this project extremely exciting for Bluejay. Previous geophysical programs have identified several drill-targets, coincident with strong surface and deep penetrating geochemical anomalies.
Newly discovered exposures of the Qaarsukassak Formation, the host to all known zinc-lead-silver mineralisation at Kangerluarsuk, are inferred to correlate with the Mârmorilik Formation which hosts the former Black Angel mine. This potentially increases the prospectivity of Bluejay’s licence areas and the Company is hopeful that a drill programme at this licence area forms the basis for a future mine.
The Kangerluarsuk Project is data-rich and provides an excellent benchmark for assessing the geology, the mineralisation and the delineation of drill-targets from multiple data types. Exploration data until now has included extensive grab, trench and channel geochemical rock sampling; detailed structural, lithological and geological mapping; photogrammetry data; surface soil, stream and scree geochemistry; deep penetrating MMI™ (Mobile Metal Ion) and SGH™ (Spatiotemporal Geochemical Hydrocarbon) geochemistry; vegetation-based biogeochemistry; helicopter-borne DIGHEMV and ZTEM electromagnetic data surveys; and, a pilot reflection seismic data-profile.
About Kangerluarsuk
• The Kangerluarsuk zinc-lead-silver project is located within the Karrat Group, a major Palaeoproterozoic sedimentary basin with abundant zinc-lead-silver (± copper) showings.
• The Karrat Group hosts the former Black Angel mine which produced 11 million tonnes at 12.6% zinc, 4.1% lead and 29 g/t silver during operation by Cominco (1973-86) and later Boliden (1986-90), and is situated only 12 km south of Bluejay's licence area which consists of two 100% owned mineral exploration licences totalling 692 square km.
• Bluejay’s licence areas are acknowledged by GEUS as containing the strongest cluster of stream sediment zinc anomalies in the whole of Greenland. A greater than 100 square km base metal anomaly demonstrates the polymetallic deposit potential at Kangerluarsuk.
• Prospecting by previous operators Rio Tinto Zinc and Platinova Resources in the early 1990s revealed several locations with outcropping high-grade, stratabound sediment-hosted zinc-leadsilver ± copper mineralisation including channel sample profiles up to 1 metre at 41.1% zinc, 0.4m at 45.4% zinc and grab samples of up to 9.3% lead, 1.2% copper and 596 g/t silver within Bluejay’s licence areas.
Photo: The Xcalibur Multiphysics operated aircraft outfitted with Lockheed Martin’s aerial gravity gradiometer, high precision Scintrex magnetometer, and a laser scanner for accurate terrain data. The Kangerluarsuk survey was conducted out of Ilulissat Airport. (at link below)
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. For further information on the Company and the project please visit the website at:
www.bluejaymining.com
Contacts:
Kevin Sheil Bluejay Mining plc enquiry@bluejaymining.com
Ewan Leggat /Adam Cowl SP Angel Corporate Finance LLP
(Bluejay Mining Nominated Adviser) +44 (0) 20 3470 0470
Andrew Chubb Hannam & Partners +44 (0) 20 7907 8500
Tim Blythe /Megan Ray BlytheRay
(Bluejay Mining Press Contact) +44 (0) 20 7138 3205
About Bluejay Mining Plc
Bluejay is listed on the London AIM market and Frankfurt Stock Exchange and its shares also trade on the OTCQB Market in the US. With multiple projects in Greenland and Finland, Bluejay has now secured four globally respected entities as partners, customer, and co-investor on three of its projects, giving the Company and its shareholders both portfolio and commodity diversification in high quality jurisdictions.
Bluejay, through its wholly owned subsidiary Disko Exploration Ltd., has signed a definitive joint venture agreement with KoBold Metals to guide exploration for new deposits rich in the critical materials for electric vehicles (The Disko-Nuussuaq Project). Principal investors in KoBold include Breakthrough Energy Ventures, a climate & technology fund, overseen by Bill Gates, and whose investors include Michael Bloomberg, Jeff Bezos, and Ray Dalio. Other investors in KoBold include Andreessen Horowitz, the premier Silicon Valley venture capital fund and Equinor, the Norwegian state-owned multinational energy company.
Bluejay's most advanced project is the Dundas Ilmenite Project in Greenland, which is fully permitted and being developed towards production in the near term, with preparatory activities scheduled to commence in 2022. Dundas has a Mineral Resource reported in accordance with the JORC Code of 117Mt at 6.1% ilmenite and a maiden offshore Exploration Target of between 300Mt and 530Mt of ilmenite at an average expected grade range of 0.4 - 4.8% ilmenite in-situ. The Company has agreed a Master Distribution Agreement with a major Asian conglomerate for up-to 340ktpa of its anticipated 440ktpa annual output. The Company has signed on a major European bank to head the financing syndicate for Dundas. The Company's strategy is focused on securing financing ahead of commencing commercial production at Dundas in order to create a company capable of self-funding exploration on its current and future projects.
Disko Exploration Ltd holds two additional projects in Greenland - the 692sq km Kangerluarsuk zinc-leadsilver project ('Kangerluarsuk'), where historical work has recovered grades of 41% zinc, 9.3% lead and 596 g/t silver and identified four large-scale drill ready targets; and the 2,025 sq km Thunderstone project which has the potential to host large-scale base metal and gold deposits. Bluejay has agreed a jointventure agreement with a mining major at its Enonkoski Project in Finland and has recently signed a binding agreement for a partial divestment in a fourth Finnish project.
**ENDS**
https://www.otcmarkets.com/otcapi/company/dns/news/document/61711/content
Apple powers Taiwan export orders back to growth in August
Tuesday, September 20, 2022 9:06 am
Taiwan’s export orders expanded in August – unexpectedly to analysts – on strong demand for technology and new consumer electronics product launches such as Apple’s market-beating iPhones even as China, the island’s largest market, faced continued, largely self-imposed headwinds due to the Chinese Communist Party’s quixotic. seemingly never-ending mass lockdowns in a futile quest for “zero-COVID.”
Reuters:
The government said the outlook was mixed due to a series of uncertainties including high global inflation, increasing geopolitical risks and new COVID-19 strains.
Export orders, a bellwether for global technology demand, grew 2% in August from a year earlier to $54.59 billion, a record high for the month, said the Ministry of Economic Affairs on Tuesday. Analysts had expected a drop of 2%.
Orders for telecommunications products rose 3.1% in August from a year ago due mostly to cellphone orders, the ministry said. Apple Inc, which many Taiwanese firms make components for, put its latest iPhones on sale this month.
Kevin Wang, an economist at Taishin Securities Investment Advisory Co, said while the “pulling in” of Apple orders was a boon, the rest of 2022 may not be as good, coming off a high base from last year and with increased downside risks in China and Europe in particular.
China’s economy narrowly escaped contraction last quarter due to widespread COVID-19 lockdowns, and economists say its nascent recovery is in danger of fizzling out…
MacDailyNews Take: The real reason for the existence of the CCP’s “COVID” lockdowns is to remind China’s subjugated citizenry who’s boss.
• There’s no such thing as zero-COVID, but this year is the Chinese Communist Party’s 20th party congress [begins October 16, 2022], so the farce will continue until the politics no longer dictate tilting at windmills. Then COVID will be allowed to wash through China, as it already has around much of the world. – MacDailyNews, May 9, 2022
• In general, human-transmissible coronaviruses do not disappear. There is no such thing as zero-COVID. Duh.
COVID-19 is here to stay. It will very likely become endemic, yet pose less danger over time. People will acquire immunity via vaccines (effectiveness TDB) and naturally as they contract and recover from variants like omicron since the partially-effective vaccines permit not only transmissibility, but also breakthrough infections. Influenza and the four human coronaviruses that cause common colds (OC43, 229E, NL63 and HKU1) are, of course, also endemic, but a combination of annual flu vaccines and acquired immunity means that sane societies tolerate the unavoidable seasonal deaths and illnesses they bring without requiring lockdowns, masks, social distancing, indefinite return-to-work delays, etc.
At which point, if ever, will some people decide that wasting away their short lives in abject fear of a bad flu, very likely engineered by China and partially funded by the U.S. National Institutes of Health, is a hysterical self-defeating overreaction? – MacDailyNews, December 16, 2021
• The real virus is the panic. – MacDailyNews, March 9, 2020
https://macdailynews.com/2022/09/20/apple-powers-taiwan-export-orders-back-to-growth-in-august/
Ming-Chi Kuo: Apple is upping production of iPhone 14 Pro models due to strong demand
Monday, September 19, 2022 11:46 am
Ming-Chi Kuo on Monday stated via his twitter account that Apple is upping production of the iPhone 14 Pro and flagship iPhone 14 Pro Max due to strong demand.
Ming-Chi Kuo via Twitter:
Due to strong demand for the iPhone 14 Pro models, my latest survey indicates that Apple has asked Hon Hai to switch the production lines of the iPhone 14 to the iPhone 14 Pro models, which will help improve Apple’s product mix/iPhone ASP in 4Q22.
Based on the production line conversion rate, it’s equivalent to an increase in the shipment forecast of iPhone 14 Pro models in 4Q22 by about 10%. Only a few component suppliers’ order changes currently reflect Hon Hai’s production line conversion (e.g., Samsung Display).
I expect that most of the suppliers should also receive order increase requests for iPhone 14 Pro models from Apple in the next few weeks.
MacDailyNews Take: As we expected:
Apple iPhone mix is easily going to be the strongest ever. Do not be surprised with the reports that Apple has “cut iPhone 14 orders,” meaning iPhone 14 and iPhone 14 Plus. The company will likely be increasing iPhone 14 Pro and iPhone 14 Pro Max orders to reflect the strong mix which bodes very well, of course for Apple’s iPhone average selling price (ASP). – MacDailyNews, September 14, 2022
https://macdailynews.com/2022/09/19/ming-chi-kuo-apple-is-upping-production-of-iphone-14-pro-models-due-to-strong-demand/
Had Microsoft not sold its $150 million in Apple stock, it’d be worth over $120 billion today
Monday, September 19, 2022 10:00 am
Nearly 20 years ago, Microsoft sold its Apple stock for $550 million, leaving some $120 billion on the table.
Jeff Haden for Inc.:
In 1997, Steve Jobs famously returned to a struggling Apple. Apple company’s stock was at a 12-year low. The company was hemorrhaging cash. According to Jobs, “We were 90 days from going bankrupt.”
One of his first goals was to convince Microsoft to keep building new versions of Office for the Mac… Fortunately for Jobs, he did have a couple of cards to play. Apple and Microsoft were embroiled in a patent lawsuit that alleged Windows had infringed on Apple’s intellectual property by replicating elements of the Mac’s graphical user interface. Patent cross-licensing would make the suit irrelevant.
Plus, Gates knew that without Apple, Microsoft might seem like even more of a monopoly; keeping Apple afloat would indicate to regulators, and the market, that healthy competition existed.
For his part, Jobs asked for two things:
• a 5-year commitment from Microsoft to provide Office for the Mac, and
• for Microsoft to purchase $150 million shares (just slightly under 5 percent of the company) of non-voting Apple stock
Why the stock purchase? Apple could certainly use, but didn’t absolutely need, the money: It still had approximately $1 billion — however rapidly dwindling — in cash assets…
Did the deal save Apple? No; ultimately, the iMac and resulting products saved Apple.
As part of the agreement, Gates agreed not to sell the Apple stock for three years. (Skin is only skin if it stays in the game.) In 2003, Microsoft sold its entire stake for $550 million… Had Microsoft held on to its Apple stock, today those shares would be worth over $120 billion.
MacDailyNews Take: Obviously, foresight is not Microsoft’s strength.
https://macdailynews.com/2022/09/19/had-microsoft-not-sold-its-150-million-in-apple-stock-itd-be-worth-over-120-billion-today/
U.S. DOJ antitrust officials ask to join arguments in Epic Games’ appeal of a court loss against Apple
Friday, September 16, 2022 4:31 pm
According to court documents filed Friday, officials from the U.S. Department of Justice (DOJ) have asked to take part in oral arguments next month in “Fortnite” creator Epic Games’ appeal of a court loss against Apple.
Epic sued Apple in 2020 alleging that the App Store commission rules violated antitrust laws. Apple emerged mostly victorious, allowing its commissions to stand. At the time of the trial, antitrust experts had said that loss for Epic could close off legal avenues for the Justice Department, which has been probing Apple since 2019, to bring a future antitrust complaint.
Stephen Nellis for Reuters:
In January, the Justice Department entered the case by filing a brief. Antitrust officials said they did not support either side in the disputes at hand but were concerned that the lower court’s ruling had improperly interpreted the Sherman Act, the country’s primary antitrust law. On Friday, U.S. officials asked for 10 minutes of argument time.
“The United States believes that its participation at oral argument would be helpful to the court, especially in explaining how the errors (in antitrust law interpretation) could significantly harm antitrust enforcement beyond the specific context of this case,” the Justice Department wrote in the filing.
Neither Epic nor Apple opposed the move, though Apple wants the regulators’ argument time to come out of Epic’s time or to be granted additional time.
MacDailyNews Note: In April, Roblox joined the Koch brothers’ Americans for Prosperity Foundation, along with two former Central Intelligence Agency directors and 21 other former U.S. national security officials, in backing Apple vs. Epic in the App Store antitrust fight.
https://macdailynews.com/2022/09/16/u-s-doj-antitrust-officials-ask-to-join-arguments-in-epic-games-appeal-of-a-court-loss-against-apple/
Apple’s M3, A17 chips will be first to employ TSMC’s cutting-edge 3nm tech
Wednesday, September 14, 2022 10:00 am
Apple will be the first company to use Taiwan Semiconductor Manufacturing Co. (TSMC)’s N3E, an upgraded version of TSMC’s current 3-nanometer (3nm) production tech. Apple will get the chips next year in the form of the M3 for Macs and iPad, and in the A17 for 2023 iPhone Pro models, Nikkei Asia reports Wednesday, citing “sources briefed on the matter.”
Cheng Ting-Fang for Nikkei Asia:
The A17 mobile processor currently under development will be mass-produced using TSMC’s N3E chipmaking tech, expected to be available in the second half of next year, according to three people familiar with the matter. The A17 will be used in the premium entry in the iPhone lineup slated for release in 2023, they said.
N3E is an upgraded version of TSMC’s current 3-nanometer production tech, which is only starting to go into use this year. The next generation of Apple’s M3 chip for its Mac offerings is also set to use the upgraded 3-nm tech, two sources added.
N3E will offer better performance and energy efficiency than the first version of the tech, TSMC said in a recent technology symposium in Hsinchu. Industry sources said the upgraded production tech is also designed to be more cost-effective than its predecessor.
As TSMC’s largest customer and the biggest driver for new semiconductor technologies, Apple is still its most loyal partner when it comes to adopting the latest chip technology. The U.S. tech giant will be the first to use TSMC’s first generation of 3-nm technology, using it for some of its upcoming iPads, Nikkei Asia reported earlier.
According to [chief analyst with Semianalysis Dylan Patel]’s estimate, there is a cost increase of at least 40% for the same area of silicon when moving to 3-nm chips from the 5-nm family, which includes 4-nm chips.
MacDailyNews Take: The so-called “competition” simply cannot compete.
A16 Bionic is the fastest chip ever in a smartphone. The competition is still working to catch up with the A13 which we first introduced in iPhone 11 three years ago. The new 6-core CPU is generations ahead. It’s up to a whopping 40% faster than the competition. The CPU uses our best-in-class fusion architecture which delivers both leading performance and leading efficiency. Our two high-performance cores are faster and use 20% lower power compared to the A15 Bionic. And most daily tasks can be handled by our high-efficiency cores. At the same performance level, these new efficiency cores use one-third the power of even the best of the efficiency cores from the competition.
— Greg Joswiak, Apple Senior Vice President of Worldwide Marketing, September 7, 2022
https://macdailynews.com/2022/09/14/apples-m3-a17-chips-will-be-first-to-employ-tsmcs-cutting-edge-3nm-tech/
Apple granted five U.S. patents for mixed reality headset
Tuesday, September 13, 2022 6:15 pm
The U.S. Patent and Trademark Office on Tuesday officially published a series of five patents newly granted to Apple that cover various attributes likely to be incorporated into a mixed reality headset.
Jack Purcher for Patently Apple:
Today the U.S. Patent and Trademark Office officially granted Apple a patent titled “Eye tracking using low resolution images” that relates to various methods and apparatus for eye tracking in virtual and mixed or augmented reality (VR/AR) applications using head motion sensors referred to as ‘head odometers.’
Apple’s granted patent covers methods and apparatus for glint-assisted gaze tracking in VR/AR head-mounted displays (HMDs).
Images captured by gaze tracking cameras may be input to a glint detection process and a pupil detection process, for example implemented by one or more processors of a controller of the HMD.
MacDailyNews Note: More info an Apple’s patent application illustrations in the full article here.
https://macdailynews.com/2022/09/13/apple-granted-five-u-s-patents-for-mixed-reality-headset/
Quant Suggests Bitcoin Will Be Back In The Driver Seat After Ethereum Merge
by Hououin Kyouma 2 mins ago in Bitcoin Reading Time: 3 mins read
A quant has suggested that Bitcoin will again become the driving force in the crypto market once the Ethereum merge hype dies down.
Bitcoin Share Of Crypto Trading Volume Already Seems To Be Overtaking Ethereum’s
As explained by an analyst in a CryptoQuant post, there are some signs that point to BTC surpassing ETH once more to be the dominant power in the market.
The relevant indicator here is the “dominance by volume,” which measures what part of the total crypto trading volume is contributed by each coin in the sector.
The “trading volume” is a metric that measures the total amount of crypto being involved in transactions in spot markets...
In August, the ETH dominance by volume remained higher than BTC’s for the entire month, save for a couple brief spikes for the latter.
This continued into September, until just a few days ago. The reason behind Ethereum leading the bear market for almost two months was the hype created by the upcoming PoS merge.
The quant believes that once the merge is finished in approximately two days, this narrative that kept the crypto’s volumes up will be gone.
Around three days ago, BTC’s share of the trading volume crossed over that of Ethereum’s and has since stayed up. The analyst points out that this is one of the early signs for a shift in the investor behavior around the merge launch.
BTC overtaking the volumes on exchanges now means soon after the merge, Bitcoin will be back to being the main driving force in the crypto market.
BTC Price
At the time of writing, Bitcoin’s price floats around $22.2k, up 13% in the last seven days. Over the past month, the crypto has lost 7% in value.
https://www.newsbtc.com/news/bitcoin/quant-bitcoin-back-driver-seat-ethereum-merge/
Why Ethereum Price Is Unlikely To Dump After “The Merge”
by Reynaldo Marquez 1 hour ago in Ethereum Reading Time: 3 mins read
The Ethereum price is rallying above critical levels as “The Merge” is on the horizon, the bullish momentum might receive a fresh push and finally take ETH north of $2,000. In the meantime, market participants are speculating about the immediate future of the second cryptocurrency by market cap.
At the time of writing, Ethereum’s price trades at $1,710 with a 4% loss in the last 24 hours and a 9% profit over the last week. After weeks of leading the market, ETH is underperforming Bitcoin. The number one cryptocurrency records an 11% increase in 7 days.
For a deeper dive into the Bitcoin price and its potential bullish signals, check out our video below where our Editorial Director Tony Spilotro makes the case for the formation of a bottom with massive potential for appreciation, similar to 2020.
Who Is Most Likely To Sell After “The Merge”?
The market is seemingly divided on “The Merge”, the event that will complete the ETH transition to a Proof-of-Stake (PoS) consensus. Some expect the Ethereum price will operate under a “buy the rumor, sell the news event”, other are betting on a bullish continuation.
In a recent report from on-chain analytics firm Nansen, looking into the top ETH stakers ahead of “The Merge”, the staking dynamics, and its impact to affect the Ethereum price, there is a forecast about a potential negative impact on the cryptocurrency from stakers.
Nansen rules out any short-term bearish influence from these investors as the ETH currently locked on the Beacon Chain, the PoS blockchain, will be illiquid for a portion of them until the implementation of the Shanghai upgrade in 2023. This update will allow stakers to withdraw their funds.
Illiquid stakers are those that send their ETH to the Beacon Chain in 2020, they can’t withdraw their funds for an undefined period of time, and liquid is those using Lido and similar solutions to stake their funds and receive the rewards.
Of this group, Nansen believes illiquid stakers are less likely to sell after the Shanghai upgrade in 2023 if the price remains above $600. There is around 1 million ETH locked at that price which could “dripped not the market”.
In that sense, the report claims around 71% of all ETH used to secure the PoS blockchain was staked at a loss. Nansen claims 18% of “all staked ETH at present belongs to illiquid stakers that are in profit, the category most likely to sell once they are able to unstake”.
However, Nansen is not expecting this selling negatively impacts the Ethereum price or to put massive selling stress on the crypto market. This factor could operate as another bullish fundamental for an Ethereum price post “Merge”.
Whales Accumulate Ethereum In 2022
In addition to a possible low long-term negative impact on the Ethereum price, Nansen noted an increase in the amount of ETH millionaires and billionaires. These addresses have been labeled by the on-chain analytics firm as individuals and not smart contracts or exchange platforms.
The report claims that these large players have “consistently been stacking Ethereum since the beginning of this year”, despite the bearish price action. As seen in the image below, the trend has persisted and spiked in August and September this year.
Will this accumulation positively impact the market or are these whales accumulating to dump ETH shortly after “The Merge”?
https://www.newsbtc.com/news/ethereum/why-ethereum-price-is-unlikely-to-dump-after-the-merge/
JPMorgan: New Apple iPhones and Apple Watches are off to impressive start
Monday, September 12, 2022 11:29 am
According to various analyst notes, demand for Apple’s iPhone 14 series and Apple Watch Ultra appear to be strong. JPMorgan analyst Samik Chatterjee also sees a favorable iPhone mix as demand leans toward Apple’s new iPhone 14 Pro and flagship iPhone 14 Pro Max. Apple Watch mix looks strong as well, with demand high for Apple Watch Ultra.
Brian Sozzi for Yahoo Finance:
In a note to clients, Chatterjee wrote:
“iPhone demand indications are strong following the launch, and while similar to last year the mix continues to be more favorable towards Pro models, lead times for the two Pro models are already more extended relative to last year. Delivery lead times have already reached extended lengths one day after launch vs. extended lead times one week post-launch for the iPhone 13. Amongst the remaining products, lead-time based demand indication for the Apple Watch Ultra is quite strong as well.”
“Globally, Watch Series 8 and Watch Ultra lead times tracked at 28 and 34 days, respectively, while Watch SE was less popular at 8 days, suggesting that there is strong consumer interest in the Watch Ultra. In all but one region, AirPods Pro 2 lead times tracked to the first available date (Sept. 23).”
MacDailyNews Note: Chatterjee maintains an Outperform rating on Apple’s stock with a $200 price target.
https://macdailynews.com/2022/09/12/jpmorgan-new-apple-iphones-and-apple-watches-are-off-to-impressive-start/
Apple and Google face anti-competitive complaint in Mexico
Monday, September 12, 2022 8:34 am
Apple and Alphabet subsidiary Google are facing a probe over anti-competitive practices in Mexico after the country’s former telecommunications chief filed a complaint, he said in a statement on Twitter on Friday.
Reuters:
The complaint was brought to Mexico’s telecommunications regulator IFT yesterday by Mony de Swaan Addati, who once headed the former telecommunications federation that was later replaced by IFT.
His complaint accuses Apple and Google of “completely inhibit(ing) competition” by “taking advantage of their monopoly in app stores to tie use of their own payment processing systems for in-app purchases.”
In his online statement, de Swaan Addati said Google’s Play store and Apple’s store charge 15%-20% commission, forcing price inflation.
MacDailyNews Take: These bureaucrats, and the handful of developers who whine to them, have lot the plot.
Apple’s App Store isn’t a charity and it’s not free to operate.
How much did it cost developers to have their apps burned onto CDs, boxed, shipped, displayed on store shelves prior to Apple remaking the world for the better for umpteenth time? Apple incurs costs to store, review, organize, surface, and distribute apps to over one billion users. — MacDailyNews, September 9, 2020
https://macdailynews.com/2022/09/12/apple-and-google-face-anti-competitive-complaint-in-mexico/
Apple’s ‘transformational’ iPhone satellite deal will keep Globalstar in orbit
Friday, September 9, 2022 10:51 am
Apple’s new emergency satellite service for iPhone 14 gives Globalstar capital support in a “transformational” deal.
Apple’s new iPhone 14 series introduces Emergency SOS via Globalstar’s satellite network, which combines custom components deeply integrated with software to allow antennas to connect directly to a satellite, enabling messaging with emergency services when outside of cellular or Wi-Fi coverage. Satellites are moving targets with low bandwidth, and it can take minutes for messages to get through. Since every second counts, with Emergency SOS via satellite, iPhone front-loads a few vital questions to assess the user’s situation, and shows them where to point their phone to connect to a satellite.
The initial questionnaire and follow-up messages are then relayed to centers staffed by Apple-trained specialists who can call for help on the user’s behalf. This breakthrough technology also allows users to manually share their location over satellite with Find My when there is no cellular or Wi-Fi connection, providing a sense of security when hiking or camping off the grid. Emergency SOS via satellite will be available to users in the US and Canada in November, and the service will be free for two years.
Dan Gallagher for The Wall Street Journal:
Globalstar confirmed in a filing Wednesday that it will be operating the service through a partnership with Apple. Under that agreement, Apple will cover 95% of the capital expenditures made by Globalstar to build up its network, including new satellites, to provide the service. It will require Globalstar to allocate 85% of its “current and future network capacity” to support the service, which analyst Mike Crawford of B. Riley describes as “in one fell swoop converting an underutilized asset to a productive asset.”
The deal will include service fees and potential bonus payments, allowing Globalstar to project total revenue in a range of $185 million to $230 million for next year and $250 million to $310 million for 2026, which is expected to be the first full year that all of the company’s new satellites are operational. Even the low end of the near-term target would be a record high for the satellite-service provider, representing a gain of 44% above the annual revenue Globalstar has averaged for the past three years. Globalstar notably broke from the traditionally dry language of SEC filings to describe the deal as transformational.
MacDailyNews Take: As we wrote in August 2021:
This is not going to turn your iPhone into a “satellite phone,” but it will still be a useful feature for certain users, including those in Government & Public Safety, Transportation, Energy, Construction, Maritime, Agriculture, Forestry, etc.
More info about Globalstar here.
https://macdailynews.com/2022/09/09/apples-transformational-iphone-satellite-deal-will-keep-globalstar-in-orbit/
What Is The Metaverse And Why Should You Care?
Deborah Lovich Contributor
I am a BCG senior partner interested in shaping the future of working.
May 11, 2022,07:45am EDT
As veteran technology writer Eric Ravenscraft wrote in Wired several weeks ago, “It’s been … months since Facebook announced it was rebranding to Meta and would focus its future on the upcoming ‘Metaverse.’ In the time since, what that term means hasn’t gotten any clearer.”
On the assumption that the “Metaverse” will likely influence our lives in many ways, some of them currently unfathomable, in the years ahead—and that many of you also are mystified by this and other developments in the tech world—I recently sat down with one of my favorite techies, Kristi Woolsey, an associate director at BCG Platinion, to find out more.
What I love about Woolsey is that she speaks in plain, easy-to-understand English, avoiding ‘technobabble’ as much as possible.
Here’s some of what she said:
Q: What is the Metaverse?
“The term Metaverse is used to describe a combination of the virtual reality and mixed reality worlds accessed through a browser or headset, which allows people to have real time interactions and experiences across distance.
“Right now, what will become the Metaverse is actually a series of disconnected metaverses, like the ‘walled gardens’ of the early internet [darpa.net, bit.net, or aol.net] that eventually came together to form the internet as we know it today. The current set of metaverse worlds each has its own access, avatars, interactions, and currency. Fortnite, for example, is separate from Roblox, which is separate from Decentraland and others.
“… The current increase in attention to the Metaverse is partly driven by the very recent ability to fully ‘own’ virtual objects, experiences, or land. Blockchain, the ‘crypto finance hub,’ makes it possible to precisely define a virtual thing so it can be bought and sold. There are entire metaverse worlds based on this new economy. Decentraland and Sandbox, for example, are both metaverse worlds that sell virtual land to businesses that build virtual buildings. Sotheby’s, the nearly 300-year-old auction house, has a building in Decentraland that your avatar can walk around and view what is being auctioned. Republic Realm, a company that develops land in the Metaverse, recently paid $4.3 million for a piece of virtual land in the metaverse-world Sandbox.
“If paying real money to own virtual land sounds a bit crazy, remember when most of us thought that purchasing domain names was crazy. But then, suddenly, it wasn’t crazy … [and many] people made a lot of money selling coveted domain names.”
Q: Why should leaders care?
“If you’re trying to reach an audience of 15-30-year-olds they’re probably not on the internet or on social media any more, they’re probably in the Metaverse.
“Nikeland, a place to hang out, play, and dress your avatar in virtual Nike products, opened in Roblox last year. By early this year, nearly seven million people had visited Nikeland. In 2020, 12.3 million people attended a single virtual concert by rapper Travis Scott, hosted in Fortnite. When you watch the video of that concert (available online), you realize after a short while that the dancing figures … were all real people, connecting from locations around the world.
“There are things you can do in virtual reality and augmented reality that you just can’t do in real life across distance. You can mimic being together in ways that aren’t possible over Zoom. You can point to something to explain, use hand gestures (in some platforms), draw on a piece of paper, go places together. Think about the incredible possibilities, such as a collaboration between surgeons, or creating a clay model for a new-car design. These and all sorts of other collaborative activities are all easy in the right metaverse world, which eliminates the impediment of distance.
“For organizations, a virtual or hybrid meeting feels as close as you can get to being together in a room. Of course, it’s not the same as in person, but it’s second best. My team is set up to have collaborative meetings this way. And when we need a work break, we have 15-minute one-on-one get togethers to play virtual ping pong with colleagues from all over the world. It’s the virtual equivalent of an office coffee break; it creates a real connection and builds social bonds.”
Q: When is it coming?
Within a couple of years, we’ll see “massive adoption and uptake,” she predicted. “It’s just a matter of time.”
Q: What should leaders do about it right now?
Organizations, Woolsey said, need to consider three metaverse categories:
1) Customer or consumer facing. “If your target market is 15-30-year-olds you need to be there. You need to deliver an experience that engages your audience and is consistent with your brand. You could build a store that sells virtual goods or connects to your e-commerce offerings, or you might choose to deliver an event or other type of engagement.”
2) Employee facing. “Metaverse experiences are perfect for hybrid meetings, multi-location training programs, and institutional events. Any time you have a team that is dispersed, there are opportunities to use this technology to bring them together, building community, affiliation and engagement.”
3) Internal operations. “Metaverse technology can be used to explore industrial or operational scenarios that would be far too expensive to build in real life. Auto companies already are designing in ‘digital twins,’ doing their first dummy crash test in a metaverse world, and collaborating on model modifications in augmented reality.”
Q: How do businesses get started?
“Don’t do Metaverse for the sake of doing Metaverse,” Woolsey cautioned. “Think through carefully where you are most likely to find value in each of the three categories I described. Go there now and experiment. Start small and test with your intended audience so you can understand the actual value both qualitatively and quantitatively. Based on what you learn, find the path that delivers strategic value and plan to scale.”
The ability to create value through the Metaverse needs to be one of many tools available to your organization to meet its strategic goals.
Good luck … and see you there! Or my avatar will see your avatar. Or, Whatever!
https://www.forbes.com/sites/deborahlovich/2022/05/11/what-is-the-metaverse-and-why-should-you-care/?sh=243eb5062704
What Is The Metaverse And Why Should You Care?
Deborah Lovich Contributor
I am a BCG senior partner interested in shaping the future of working.
May 11, 2022,07:45am EDT
As veteran technology writer Eric Ravenscraft wrote in Wired several weeks ago, “It’s been … months since Facebook announced it was rebranding to Meta and would focus its future on the upcoming ‘Metaverse.’ In the time since, what that term means hasn’t gotten any clearer.”
On the assumption that the “Metaverse” will likely influence our lives in many ways, some of them currently unfathomable, in the years ahead—and that many of you also are mystified by this and other developments in the tech world—I recently sat down with one of my favorite techies, Kristi Woolsey, an associate director at BCG Platinion, to find out more.
What I love about Woolsey is that she speaks in plain, easy-to-understand English, avoiding ‘technobabble’ as much as possible.
Here’s some of what she said:
Q: What is the Metaverse?
“The term Metaverse is used to describe a combination of the virtual reality and mixed reality worlds accessed through a browser or headset, which allows people to have real time interactions and experiences across distance.
“Right now, what will become the Metaverse is actually a series of disconnected metaverses, like the ‘walled gardens’ of the early internet [darpa.net, bit.net, or aol.net] that eventually came together to form the internet as we know it today. The current set of metaverse worlds each has its own access, avatars, interactions, and currency. Fortnite, for example, is separate from Roblox, which is separate from Decentraland and others.
“… The current increase in attention to the Metaverse is partly driven by the very recent ability to fully ‘own’ virtual objects, experiences, or land. Blockchain, the ‘crypto finance hub,’ makes it possible to precisely define a virtual thing so it can be bought and sold. There are entire metaverse worlds based on this new economy. Decentraland and Sandbox, for example, are both metaverse worlds that sell virtual land to businesses that build virtual buildings. Sotheby’s, the nearly 300-year-old auction house, has a building in Decentraland that your avatar can walk around and view what is being auctioned. Republic Realm, a company that develops land in the Metaverse, recently paid $4.3 million for a piece of virtual land in the metaverse-world Sandbox.
“If paying real money to own virtual land sounds a bit crazy, remember when most of us thought that purchasing domain names was crazy. But then, suddenly, it wasn’t crazy … [and many] people made a lot of money selling coveted domain names.”
Q: Why should leaders care?
“If you’re trying to reach an audience of 15-30-year-olds they’re probably not on the internet or on social media any more, they’re probably in the Metaverse.
“Nikeland, a place to hang out, play, and dress your avatar in virtual Nike products, opened in Roblox last year. By early this year, nearly seven million people had visited Nikeland. In 2020, 12.3 million people attended a single virtual concert by rapper Travis Scott, hosted in Fortnite. When you watch the video of that concert (available online), you realize after a short while that the dancing figures … were all real people, connecting from locations around the world.
“There are things you can do in virtual reality and augmented reality that you just can’t do in real life across distance. You can mimic being together in ways that aren’t possible over Zoom. You can point to something to explain, use hand gestures (in some platforms), draw on a piece of paper, go places together. Think about the incredible possibilities, such as a collaboration between surgeons, or creating a clay model for a new-car design. These and all sorts of other collaborative activities are all easy in the right metaverse world, which eliminates the impediment of distance.
“For organizations, a virtual or hybrid meeting feels as close as you can get to being together in a room. Of course, it’s not the same as in person, but it’s second best. My team is set up to have collaborative meetings this way. And when we need a work break, we have 15-minute one-on-one get togethers to play virtual ping pong with colleagues from all over the world. It’s the virtual equivalent of an office coffee break; it creates a real connection and builds social bonds.”
Q: When is it coming?
Within a couple of years, we’ll see “massive adoption and uptake,” she predicted. “It’s just a matter of time.”
Q: What should leaders do about it right now?
Organizations, Woolsey said, need to consider three metaverse categories:
1) Customer or consumer facing. “If your target market is 15-30-year-olds you need to be there. You need to deliver an experience that engages your audience and is consistent with your brand. You could build a store that sells virtual goods or connects to your e-commerce offerings, or you might choose to deliver an event or other type of engagement.”
2) Employee facing. “Metaverse experiences are perfect for hybrid meetings, multi-location training programs, and institutional events. Any time you have a team that is dispersed, there are opportunities to use this technology to bring them together, building community, affiliation and engagement.”
3) Internal operations. “Metaverse technology can be used to explore industrial or operational scenarios that would be far too expensive to build in real life. Auto companies already are designing in ‘digital twins,’ doing their first dummy crash test in a metaverse world, and collaborating on model modifications in augmented reality.”
Q: How do businesses get started?
“Don’t do Metaverse for the sake of doing Metaverse,” Woolsey cautioned. “Think through carefully where you are most likely to find value in each of the three categories I described. Go there now and experiment. Start small and test with your intended audience so you can understand the actual value both qualitatively and quantitatively. Based on what you learn, find the path that delivers strategic value and plan to scale.”
The ability to create value through the Metaverse needs to be one of many tools available to your organization to meet its strategic goals.
Good luck … and see you there! Or my avatar will see your avatar. Or, Whatever!
https://www.forbes.com/sites/deborahlovich/2022/05/11/what-is-the-metaverse-and-why-should-you-care/?sh=243eb5062704
Elon Musk: Apple and SpaceX have had ‘promising conversations’ about iPhone satellite service
Thursday, September 8, 2022 3:02 pm
Elon Musk on Thursday tweeted that SpaceX has held “promising” talks with Apple about bringing satellite connectivity to iPhones using the space launch company’s Starlink service.
The tweet comes one day after Apple said it would partner with Globalstar for satellite-based service on its iPhone 14 series.
Loren Grush for Bloomberg News:
The companies have had “promising conversations,” SpaceX Chief Executive Officer Musk said Thursday in a tweet. Using satellites for cell phones would work best when the technology is specifically tailored to space-based signals, he said.
SpaceX and Apple didn’t immediately respond to requests for comment.
The tweet comes one day after Apple said it would partner with Globalstar for satellite-based service on its iPhone 14 series.
Zack
@BLKMDL3
·
Sep 7
Hopefully
@apple
partners with
@Spacex
Starlink to help connectivity with the new iPhone 14 via Emergency SOS with the satellites.
Elon Musk
@elonmusk
Replying to
@BLKMDL3
@Apple
and
@SpaceX
We’ve had some promising conversations with Apple about Starlink connectivity. iPhone team is obv super smart.
For sure, closing link from space to phone will work best if phone software & hardware adapt to space-based signals vs Starlink purely emulating cell tower.
1:39 PM · Sep 8, 2022
·Twitter for iPhone
MacDailyNews Take: iPhone 14 and iPhone 14 Plus introduce Emergency SOS via satellite, a first in the industry.
Emergency SOS via satellite combines custom components deeply integrated with software to allow antennas to connect directly to a satellite, enabling messaging with emergency services when outside of cellular or Wi-Fi coverage. Satellites are moving targets with low bandwidth, and it can take minutes for messages to get through. Since every second counts, with Emergency SOS via satellite, iPhone front-loads a few vital questions to assess the user’s situation, and shows them where to point their phone to connect to a satellite. The initial questionnaire and follow-up messages are then relayed to centers staffed by Apple-trained specialists who can call for help on the user’s behalf. This breakthrough technology also allows users to manually share their location over satellite with Find My when there is no cellular or Wi-Fi connection, providing a sense of security when hiking or camping off the grid. Emergency SOS via satellite will be available to users in the US and Canada in November, and the service will be free for two years.
https://macdailynews.com/2022/09/08/elon-musk-apple-and-spacex-have-had-promising-conversations-about-iphone-satellite-service/
U.S. lawmakers warn Apple against using chips from China’s YMTC in iPhones
Friday, September 9, 2022 8:57 am
Republican lawmakers have warned Apple that it will face intense scrutiny from Congress if the California company procures memory chips from a controversial Chinese semiconductor manufacturer for the new iPhone 14.
Demetri Sevastopulo and Patrick McGee for Financial Times:
Marco Rubio, Republican vice-chair of the Senate intelligence committee, and Michael McCaul, the top Republican on the House foreign affairs committee, said they were alarmed following a media report(opens a new window) that Apple would add Yangtze Memory Technologies Co to its list of suppliers for Nand flash memory chips that are used to store data on smartphones.
“Apple is playing with fire,” Rubio told the Financial Times. “It knows the security risks posed by YMTC. If it moves forward, it will be subject to scrutiny like it has never seen from the federal government. We cannot allow Chinese companies beholden to the Communist party into our telecommunications networks and millions of Americans’ iPhones.”
Asked about the congressional concerns, Apple told the FT it did not use YMTC chips in any products but said it was “evaluating sourcing from YMTC for Nand chips to be used in some iPhones sold in China”.
Apple said it was not considering using YMTC chips in phones for sale outside China. It added that all user data stored on Nand chips used by the company were “fully encrypted”.
Chuck Schumer, the Democratic Senate majority leader, has also privately raised concerns with commerce secretary Gina Raimondo about YMTC, according to a person familiar with the situation.
MacDailyNews Take: Apple is not considering using YMTC chips in iPhones for sale outside China, nor, from the sound of it, will they be doing so anytime in the foreseeable future.
https://macdailynews.com/2022/09/09/u-s-lawmakers-warn-apple-against-using-chips-from-chinas-ymtc-in-iphones/
Apple (NASDAQ: AAPL) Warned of Scrutiny If it Gets Chips From Chinese Chip Maker
September 09 2022 - 08:41AM
TipRanks
According to a Financial Times report, Apple (NASDAQ: AAPL) could be in trouble if it procures NAND flash memory chips from a Chinese chip manufacturer for its new iPhone 14. Republican lawmakers Marco Rubio and Michael McCaul commented that they found it alarming that Apple was going to add Chinese chip maker Yangtze Memory Technologies Co to its list of suppliers for memory chips that are used to store smartphone data. The report quoted Rubio, " It [Apple] knows the security risks posed by YMTC. If it moves forward, it will be subject to scrutiny like it has never seen from the federal government.
https://www.tipranks.com/news/apple-nasdaq-aapl-warned-of-scrutiny-if-it-gets-chips-from-chinese-chip-maker?utm_source=advfn.com&utm_medium=referral
https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/89028964/apple-nasdaq-aapl-warned-of-scrutiny-if-it-gets-c
Tata Group, Wistron in Talks to Assemble iPhones in India, Bloomberg Reports
September 09 2022 - 04:11AM
Dow Jones News
--Indian conglomerate Tata Group and Taiwan's Wistron Corp., an Apple Inc. supplier, are discussing setting up an electronic-manufacturing joint venture in India to assemble iPhones, Bloomberg reports, citing unnamed sources.
--According to Bloomberg, the deal has yet to be finalized, but could involve Tata buying equity in Wistron's India operations and the companies building an assembly plant, one source says.
https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/89025572/tata-group-wistron-in-talks-to-assemble-iphones-i
I also see a lot of potential with this company, in my humble opinion! I gave you a follow...
First Drill Programme of 2022 at Enonkoski JV with Rio Tinto Completed
Press Release
September 7, 2022
OTC Disclosure & News Service
London, ENG, United Kingdom —
This release includes additional documents. Select the link(s) below to view.
First Drill Programme of 2022 at Enonkoski JV with Rio Tinto Completed.pdf
https://www.otcmarkets.com/stock/BLLYF/news/First-Drill-Programme-of-2022-at-Enonkoski-JV-with-Rio-Tinto-Completed?id=371353
https://polaris.brighterir.com/public/bluejay_mining/news/rns_widget/story/xpnp63r
Apple hiked iPhone 14 series prices in key markets; kept price the same in America
Thursday, September 8, 2022 12:50 pm
With rampant inflation persisting in the U.S. and elsewhere, and a global recession on the horizon, observers were keenly interested in Apple’s pricing on four iPhone 14 models. Apple hiked the price in a number of key markets, but kept price the same in America. Apple also kept the price of the iPhone the same in mainland China, one of its most important markets.
Arjun Kharpal for CNBC:
One of the biggest surprises was that in the United States, Apple kept the prices of the iPhone 14 series the same as what it was charging for the equivalent iPhone 13 model.
The iPhone 14 base model will start at $799, the same amount that it initially charged for last year’s iPhone 13. The highest price iPhone 14 Pro Max starts at $1,099, the same as the iPhone 13 Pro Max.
However, Apple has raised the price in some of its biggest markets globally… Apple raised the price of its iPhone 14 series versus the iPhone 13 in key markets including the U.K., Japan, and Germany…
MacDailyNews Note: For the base model iPhone 14, the U.K saw an increase of £70 ($80); Australia: 50 Australian dollars ($33); Japan: 21,000 Japanese yen ($146); and Germany: 100 euros ($100). Other models have steeper price increases. For example, the iPhone 14 Pro Max in the U.K. costs £150 more than the iPhone 13 Pro Max.
https://macdailynews.com/2022/09/08/apple-hiked-iphone-14-series-prices-in-key-markets-kept-price-the-same-in-america/
New Apple iPhone will be available in Russia, Moscow trade minister says
Thursday, September 8, 2022 12:04 pm
Due to Moscow’s parallel import scheme, Russians will have the chance to buy the new Apple iPhone 14 despite the U.S. tech company having left the country, a senior government official told the RIA Novosti news agency on Thursday.
Reuters:
Russia announced the scheme in March when it authorised retailers to import products from abroad without the trademark owner’s permission. read more
Asked whether the new iPhone, unveiled by Apple on Wednesday, would be imported under the scheme, Trade and Industry Minister Denis Manturov said: “Why not? If consumers want to buy these phones, yes. There will be the opportunity.”
Apple halted new product sales in Russia in March, a week after Russia invaded Ukraine…
Russian mobile network MTS on Thursday morning was already selling the new iPhone 14 models on pre-order. Prices start from 84,990 roubles ($1,398) for the 128GB version. MTS said delivery could take up to 120 days and it retained the right to cancel orders if it faced difficulties importing the products.
MacDailyNews Take: Available, but not at all readily.
https://macdailynews.com/2022/09/08/new-apple-iphone-will-be-available-in-russia-moscow-trade-minister-says/
Tim Cook, Jony Ive, and Laurene Powell Jobs discuss Steve Jobs, politics, and more
Thursday, September 8, 2022 9:57 am
Apple CEO Tim Cook, former Apple design chief Jony Ive, and Emerson Collective founder Laurene Powell Jobs participated in a panel discussion at the 2022 Code Conference on Wednesday.
Eric Slivka for MacRumors:
Responding to a question from [Kara] Swisher about what they believe Jobs would think about the current state of the world, Powell Jobs opined that he would not have been happy about the polarization that increasingly dominates discourse.
I would say not only the polarization, not only the fact that people are really coming to blows within families and communities and our country, but also just that he loved our country so much.
He loved California so much, but he loved our country. He loved the idea of America. He loved what it allowed the individual and the communities to become. He loved the unfetteredness of it. He loved the personal freedoms and liberties, but also the connectedness and responsibility for each other.
It was very important to him to be able to give something back to the human experience, and I think he would not be quiet about it.
Additional discussion topics included Steve’s outlook on the genesis of creation, his structure for Apple that persists to this day, his belief that Apple should own its primary technologies, and more.
MacDailyNews Note: No video replay is currently available.
https://macdailynews.com/2022/09/08/tim-cook-jony-ive-and-laurene-powell-jobs-discuss-steve-jobs-politics-and-more/
Interesting, thank you! I gave you a follow...
Apple reveals Apple Watch Series 8 and the new Apple Watch SE
Wednesday, September 7, 2022 3:21 pm
Apple today introduced Apple Watch Series 8 and the new Apple Watch SE, which bring groundbreaking technology and performance, and important safety innovations to the two best-selling smartwatches.
https://macdailynews.com/2022/09/07/apple-reveals-apple-watch-series-8-and-the-new-apple-watch-se/
Apple unveils AirPods Pro 2 with new H2 chip
Wednesday, September 7, 2022 3:01 pm
Apple today announced the second generation of AirPods Pro, the most advanced AirPods ever. With the power of the new H2 chip, AirPods Pro unlock breakthrough audio performance — including major upgrades to Active Noise Cancellation and Transparency mode — while also offering a unique way to experience Spatial Audio that’s even more immersive.
https://macdailynews.com/2022/09/07/apple-unveils-airpods-pro-2-with-new-h2-chip/
Apple Fitness+ available to all iPhone users – even those without Apple Watch – in 21 countries later this fall
Wednesday, September 7, 2022 2:48 pm
Apple today announced that Apple Fitness+, the award-winning fitness and wellness service designed to be welcoming to all, will be available for all iPhone users to subscribe to and enjoy, even if they don’t have an Apple Watch.
https://macdailynews.com/2022/09/07/apple-fitness-available-to-all-iphone-users-even-those-without-apple-watch-in-21-countries-later-this-fall/
Apple cleared in U.S. trade tribunal dispute over wireless patents
Thursday, September 1, 2022 8:59 am
A U.S. appeals court on Wednesday affirmed a win for Apple against allegations that imports of their devices infringe wireless-technology patents. The company’s iPhones, Apple Watches, and iPads do not violate INVT SPE LLC’s rights in two patents originally owned by Panasonic, the U.S. Court of Appeals for the Federal Circuit said. Along with Apple, HTC Corp. and ZTE Corp. were also cleared.
Blake Brittain for Reuters:
INVT is a patent-holding company affiliated with investment funds managed by Fortress Investment Group LLC, a SoftBank Group Corp subsidiary.
INVT filed a complaint against Apple, HTC and ZTE at the U.S. International Trade Commission in 2018, accusing their devices that comply with the LTE wireless standard of infringing its patents. It sought a ban on imports of the allegedly infringing devices.
The commission ruled for the device makers in 2020. A three-judge Federal Circuit panel upheld the decision Wednesday.
U.S. Circuit Judge Raymond Chen wrote the devices did not infringe one of INVT’s patents because they functioned differently than what is described in the patent. The devices were not capable of receiving and handling data signals in the same way as INVT’s patented technology, the appeals court said… The court found the rest of the appeal was moot because INVT’s other patent had expired.
MacDailyNews Take: HTC, ZTE, LTE… ITC? WTF, INVT SPE LLC?
https://macdailynews.com/2022/09/01/apple-cleared-in-u-s-trade-tribunal-dispute-over-wireless-patents/
Privacy-focused Apple is killing Meta’s advertising revenue
Wednesday, August 31, 2022 1:33 pm
Apple’s privacy-focused changes to its operating system – App Tracking Transparency – that wiped out an estimated $10 billion of revenue for privacy-trampling Facebook/Instagram-parent Meta Platforms. And now, it looks like Apple’s is gearing up to go after the small businesses that have relied almost entirely on Meta’s online advertising tools for more than a decade.
Shoshana Wodinsky for MarketWatch:
Marketwatch found two recent job postings from Apple that suggest the company is looking to build out its burgeoning adtech team with folks who specialize in working with small businesses. Specifically, the company says it’s looking for two product managers who are “inspired to make a difference in how digital advertising will work in a privacy-centric world,” who want to “design and build consumer advertising experiences.” The ideal candidate, Apple said, won’t only have savvy around advertising, mobile tech, and advertising on mobile tech, but will also have experience with “performance marketing, local ads or enabling small businesses.”
The listings also state that Apple’s looking for a manager who can “drive multi-year strategy and execution,” which suggests that Apple isn’t only tailing local advertisers, but it will likely be tailing those advertisers for a while. And considering how some of those small brands are already looking to jump ship from Facebook following Apple’s privacy changes, luring them off the platform might be enough to hamper Meta’s entire business structure for good, adtech analysts said.
MacDailyNews Take: Meta’s privacy-trampling business model depended on keeping users ignorant in order to succeed.
Apple’s App Tracking Transparency simply gives users the control they should have always had. Clearly, users do not want Meta tracking them.
The fact that Apple providing users the choice to be tracked or not via App Tracking Transparency hurts Facebook et al. not only highlights the inherent flaw in the business model of these societal cancers, it makes us laugh. ?? — MacDailyNews, March 9, 2022
Apple’s privacy tool allows users to understand what’s being taken from them in exchange for a “free” services and gives users the tools they need to protect their privacy and security.
Privacy means people know what they’re signing up for, in plain English, and repeatedly. I’m an optimist; I believe people are smart, and some people want to share more data than other people do. Ask them. Ask them every time. Make them tell you to stop asking them if they get tired of your asking them. Let them know precisely what you’re going to do with your data. — Steve Jobs, June 2010
https://macdailynews.com/2022/08/31/privacy-focused-apple-is-killing-metas-advertising-revenue/
Apple exec resigns from board of Chinese ride-hailing company Didi
Wednesday, August 31, 2022 10:49 am
Apple’s vice president of corporate development, Adrian Perica, has resigned from Chinese ride-hailing company Didi Global’s board of directors.
Lisa Du and Mark Gurman for Bloomberg News:
The departure of Perica, who also heads Apple’s mergers and acquisitions strategy, follows a tumultuous year for Didi. Since the company went ahead with a US initial public offering against Beijing’s wishes in June last year, Didi’s app has been pulled from China’s mobile stores, preventing meaningful growth and erasing more than 80% of its market value.
Didi said in May it will delist from the New York Stock Exchange. Last month, it was fined $1.2 billion by the Chinese government for infractions that Beijing said compromised national security, ending a yearlong probe.
Perica joined Didi’s board in 2016 after Apple made a $1 billion investment in the ride-hailing app, giving the smartphone maker a more secure foothold in the Chinese market amid rising US-China tensions. Apple Chief Executive Officer Tim Cook said at the time that the move was a “great financial investment.”
MacDailyNews Take: The whole thing – Apple’s $1 billion “investment” in a Chineses ride-hailing compnay – seemed like a sham from the start.
Apple is famously averse to greasing palms in order to get things done. That is laudable, but presents a problem when greasing palms is the only way out of a sticky situation. Luckily, there are respectable, legal ways to grease the required palms. — MacDailyNews, May 13, 2016
https://macdailynews.com/2022/08/31/apple-exec-resigns-from-board-of-chinese-ride-hailing-company-didi/
Apple supplier TSMC showing ‘excellent’ progress on Arizona chip plant, governor says
Wednesday, August 31, 2022 9:10 am
Taiwanese chip maker TSMC, a major Apple supplier, is making “excellent” progress building its new plant in Arizona, the governor of the state said on Wednesday.
Reuters:
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), a major Apple Inc supplier and the world’s largest contract chipmaker, is constructing a $12 billion plant in Arizona.
Speaking at an investment conference during a visit to Taipei, Arizona Governor Doug Ducey recalled meeting the TSMC leadership in 2017 and then in 2020 announcing the investment.
“Just over two years later TSMC has completed construction for its main facility and continues to make excellent progress,” he said, describing visiting the construction site as “even more impressive in person”.
Ducey, a Republican, will meet with Taiwan President Tsai Ing-wen and with companies in the semiconductor industry on his three-day trip.
MacDailyNews Note: The quicker this plant and others like it outside of Taiwan and China are up and running, the better.
See also:
• Apple supplier TSMC to build multibillion-dollar chip plant in Arizona with Trump admin backing – May 14, 2020
• Trump administration presses tech supply chain to cut ties with China – October 8, 2020
• Apple supplier TSMC to begin mass production of 5nm chips at new Arizona plant in 2024 – July 15, 2021
https://macdailynews.com/2022/08/31/apple-supplier-tsmc-showing-excellent-progress-on-arizona-chip-plant-governor-says/
TSMC: Low-end chip demand is holding up production in key supply chain segments
Tuesday, August 30, 2022 9:51 am
C. C. Wei, the CEO of Taiwan Semiconductor Manufacturing Company (TSMC), warned Tuesday that an endemic shortage of chips costing anywhere from 50 cents to $10 is slowing down swathes of the $600 billion semiconductor industry.
Debby Wu for Bloomberg News:
ASML Holding NV of the Netherlands is struggling to obtain $10 chips for its extreme ultraviolet lithography systems, or EUVs, he said. TSMC has dozens of the machines, which are critical for packing more power onto smaller slivers of silicon. Elsewhere, a 50-cent radio chip has been holding up the production of $50,000 cars, Wei said, without elaborating.
Shortages are showing up as a result of automakers adding more features to cars and increasing the silicon used by 15% every year, while smartphones now require two to three times the number of power management chips they did five years ago, Wei said.
“The age of an efficient, globalized supply system has passed,” he said, noting that production costs are also increasing due to more countries racing to build fabs at home. “Costs are swiftly rising, including inflation.”
MacDailyNews Take: The repercussions from stupidly shutting down entire economies over COVID in a rights-trampling panic, instead of thoughtfully working to protect those with comorbidities who were most at risk, will be felt by all of us for many years.
The real virus is the panic. – MacDailyNews, March 9, 2020
https://macdailynews.com/2022/08/30/tsmc-low-end-chip-demand-is-holding-up-production-in-key-supply-chain-segments/
Trademark filings worldwide show Apple staking ‘reality’ names for mixed-reality headset
Monday, August 29, 2022 9:49 am
Trademark filings worldwide show that Apple looks to be securing potential names for its widely rumored, highly anticipated, conceptually rendered mixed-reality headset.
Mark Gurman for Bloomberg News:
Applications were filed in the US, EU, UK, Canada, Australia, New Zealand, Saudi Arabia, Costa Rica and Uruguay for the names “Reality One,” “Reality Pro” and “Reality Processor.” Though Apple itself didn’t make the filings, they follow a pattern that the iPhone maker has used in the past—including relying on law firms that the company has previously enlisted to lock down brands.
Earlier this year, trademark filings linked to Apple also emerged for the realityOS name.
The new trademarks are all registered to a shell corporation named Immersive Health Solutions LLC that was incorporated in February, according to records obtained by Bloomberg News. That company itself was registered by another Delaware shell corporation, the Corporation Trust Co., typically used for filings by firms looking to avoid detection. The RealityOS trademark used that same firm…
In the US, Canada and New Zealand, the filer enlisted law firms that Apple has used in the past to either register trademarks or for other matters…
Apple’s headset is expected to include VR-based versions of Apple apps like Maps and FaceTime in addition to collaboration features for multiple users wearing the headsets. It’s also slated to have a focus on consuming media content like sports and movies in VR and gaming. The latest trademarks also imply the device may have health-related functions.
MacDailyNews Take: Apple’s next revolution looms!
Apple has the custom silicon. Apple has the installed base. Apple has the ecosystem. Apple has the services. Apple will have the profitable portion of the mixed-reality headset market. And then, a few years later, Apple will take the profitable portion of the smartglasses (AR) market, too.
And some people will slap their foreheads and lament, “I could’ve bought Apple shares under $140!” – MacDailyNews, May 24, 2022
Apple’s smartgoggles will be cool, but it’s the subsequent Apple smartglasses that will change the world. – MacDailyNews, July 11, 2022
Augmented Reality is going to change everything. — MacDailyNews, July 21, 2017
Someday, hopefully sooner than later, we’ll look back at holding up slabs of metal and glass to access AR as unbelievably quaint. — MacDailyNews, July 28, 2017
https://macdailynews.com/2022/08/29/trademark-filings-worldwide-show-apple-staking-reality-names-for-mixed-reality-headset/
Apple’s Mac supply has normalized – JPMorgan
Monday, August 29, 2022 12:35 pm
Apple’s Mac supply chain challenges due to the Chinese Communist Party’s quixotic COVID-19 lockdowns have finally normalized, according to analysts at JPMorgan, who said lead times have moderated to a week or less across geographies.
CNBC:
Apple customers now have to wait about five days, on average, for a new Mac, compared with a wait time of about 15 days in June. The wait time is a bit longer in North America, where it takes about eight days to get a new Mac, down from 18 days in June.
Mac sales were short of consensus expectations in the company’s third-quarter earnings report and fell 10% year over year. CEO Tim Cook attributed the drop to supply constraints, which means Apple couldn’t make enough computers to meet demand.
MacDailyNews Take: More good news for Apple and, ultimately, for Apple shareholders!
https://macdailynews.com/2022/08/29/apples-mac-supply-has-normalized-jpmorgan/
What to expect at Apple’s ‘Far Out’ live event: iPhone 14, Apple Watch, and more
Friday, August 26, 2022 4:22 pm
Apple is holding a special event, titled “Far Out”, where it is expected to unveil a range of products on September 7th; to be streamed live from its Apple Park campus.
Andrew Griffin for The Independent:
iPhone 14
If the new iPhone – or, rather, four different versions of it – does not appear, then it would be a major shock. This is basically confirmed, though Apple of course will not say so until it actually makes the announcement.
The update will primarily focus on the Pro version of the phone, rumours suggest. That will include a new design and improved cameras.
But the non-Pro phone will get an update, too – including the ending of the “Mini” size, and the introduction of a new one.
Apple Watch
Or, more likely, five different ones. In addition to the usual updates – a version of Watch in two different materials, and in two different sizes – Apple is preparing to add a new model to the line-up.
That is rumoured to be a “Pro” watch, which will include a bigger display without extending the size of the Watch itself, as well as a more rugged design.
New AirPods Pro
The AirPods Pro have been the same since they were first released in 2019. And while there are few complaints about them, new features are expected to arrive this year.
They could have new fitness tracking features, thanks to improved motion sensors, as well as making use of new wireless capabilities for better sound.
MacDailyNews Take: Then, likely in early October, Apple will unveil new iPads and Macs for the holiday shopping season!
https://macdailynews.com/2022/08/26/what-to-expect-at-apples-far-out-live-event-iphone-14-apple-watch-and-more/
Wall Street sells off after Powell speech on rate hikes to combat rampant U.S. inflation
Friday, August 26, 2022 12:17 pm
Stocks sold off sharply Friday after Federal Reserve Chair Jerome Powell said in his Jackson Hole speech the central bank won’t be turning dovish in its fight against rampant U.S. inflation running at Carteresque 40-year highs.
Sara Min for CNBC:
The Dow Jones Industrial Average dropped 611 points, or 1.85%, after initially seesawing during the Fed chair’s comments. The S&P 500 fell 2.18% and the Nasdaq Composite slid 2.71%.
Those moves follow a hawkish speech from the Fed chair who reiterated a tough stance against inflation, spurring investors to weigh the implications of higher interest rates for longer.
“Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy,” Powell said.
The major averages were on pace for their second straight down week. The Dow is on track for a 2.9% decline. The S&P 500 and Nasdaq Composite are heading to losses of roughly 2.8% and 3.2%, respectively.
Tech giants in the group helmed the decline, with shares of Alphabet sliding nearly 4%. Meta lost 2.5% and Netflix fell 2%. Twitter lost 1.5%. [Apple shed 2.08%.]
Tech names are especially sensitive to rising interest rates, which hurt the value of the stocks’ future earnings.
MacDailyNews Take: In January, Interactive Brokers founder Thomas Peterffy said, “Inflation is 7% — 1% or 2% [in interest rate hikes] doesn’t mean anything. If they really wanted to stop inflation, they would have to raise rates to 4%, 5%, 6%.”
‘Tis best to get a handle on inflation, if you know how, while you still can. – MacDailyNews, May 11, 2021
Stop the misguided crusade against domestic energy production and profligate federal spending and inflation will be stopped dead in its tracks. It’s not difficult. – MacDailyNews, May 11, 2022
For new generations, sometimes tough lessons have to be retaught and learned the hard way. As we go through this, remember: It’s always darkest before the dawn. – MacDailyNews, July 14, 2022
Inflation is repudiation. — Calvin Coolidge
When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill… [which] comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident. — Ronald Reagan
https://macdailynews.com/2022/08/26/wall-street-sells-off-after-powell-speech-on-rate-hikes-to-combat-rampant-u-s-inflation/
Apple likely to offer iPhone 14 satellite connectivity via Globalstar
Friday, August 26, 2022 11:54 am
Tim Farrar, a satellite communications consultant at California-based research firm Telecom, Media and Finance Associates, believes that Apple is likely announce its long-expected satellite connectivity feature for the iPhone 14 at its “Far out” September 7th special event.
Joe Rossignol for MacRumors:
In a series of tweets, Farrar said T-Mobile’s and SpaceX’s satellite connectivity announcement yesterday was likely intended to pre-empt Apple’s announcement of its own satellite connectivity feature for the iPhone in partnership with Globalstar. Apple is holding a media event at Steve Jobs Theater on September 7, and the event’s “Far Out” tagline and starry sky artwork have fueled speculation about a satellite connectivity announcement.
In February, Globalstar announced that it acquired 17 new satellites to provide “continuous satellite services” to a “potential customer,” which might be Apple.
Tim Farrar via Twitter:
Quick summary of TMUS/SpaceX announcement: proposed text/voice service is copycat of ASTS plan, i.e. using cellular spectrum. FCC has dithered for over 2 years about whether to permit that non-conforming use, to date all we have is an experimental authorization for 1 sat.
TMUS said it will use nationwide PCS spectrum: that means G block (1910-1915MHz UL/1990-95MHz DL). That wasn’t part of SpaceX’s July 2022 Gen2 modification application, implying any approval there will be even further delayed.
Most likely regulatory approach is making a limited experimental application (<=10 satellites?) which would be consistent with suggestion that initial trial users might have to wait up to 30 mins to send messages. But given how many half-formed concepts were put forward, the only possible conclusion is that this was designed to pre-empt next week's Apple announcement of their own free messaging service with Globalstar. That should begin as soon as the new phone is released. Importantly, Apple will be using existing satellite spectrum, with no need for any rule changes from the FCC. However, the service will be limited just to two-way texting - no voice calls or photos unless they invest in a new multi-billion dollar constellation. The Feb 2022 order for 17 new satellites was a stop-gap for service continuity and it is unknown whether Apple might want to go further. Clearly Globalstar's decision to delay their refinancing also anticipated that a public announcement by Apple would make it simpler. So will SpaceX be able to come up with a real alternative to Apple here? It seems like a tough ask to align the spectrum plan (which will have to be different outside the US), regulatory approvals and handsets/billing when Apple's been working on this for two years. So the question then has to be asked why SpaceX wants to put more roadblocks in the way of Gen2 approval, adding to the confusion from their July 2022
2GHz modification proposal. Most plausible answer is that finishing Gen1 has to take precedence for the next 12 months. And until Starship is ready, there's no point in launching Gen2. The question is how well demand growth holds up as Gen1 capacity doubles later this year. Indications of price cuts are a worrying sign that international demand remains weak, while US is still saturated. Ultimately, the problem will be that if US is ~50% of global demand, network efficiency will be poor. However, Starlink Gen1 should still be capable of becoming cash flow positive and making life very hard for everyone else in the satellite industry. It's just that at a valuation of $130B, you need to keep coming up new opportunities before it becomes clear what the limits to growth are for the existing business.
MacDailyNews Take: “Far out.”
This is not going o turn your iPhone into a “satellite phone,” but it will still be a useful feature for certain users, including those in Government & Public Safety, Transportation, Energy, Construction, Maritime, Agriculture, Forestry, etc. – MacDailyNews, August 31, 2021
https://macdailynews.com/2022/08/26/apple-likely-to-offer-iphone-14-satellite-connectivity-via-globalstar/
Why Ethereum Is An Attractive Investment Right Now
by Best Owie 4 hours ago in Ethereum Reading Time: 3 mins read
Ethereum has been stealing more market share from bitcoin over the last couple of weeks. This is a result of the Merge announcement that took the space by storm about a month ago. Since then, interest in Ethereum has skyrocketed. But with the decline in price, investors are becoming warier about investing in the market. However, that does not mean that Ethereum is no longer a good buy.
The Upcoming Merge
For many, the news of the Merge is one that has been a long time in the making. This is why when developers announced that the Merge would be happening sometime around September 15th, the community erupted in joy. But besides just being an important upgrade, the upgrade has also served as a good buy signal for the digital asset.
Firstly, with the move to proof of stake, Ethereum will consume about 99.95% less energy than it used to. This means that the concern of environmental pollution is eliminated for the digital asset and takes it off the radar of governments who are looking to sanction cryptocurrency mining due to how much energy they consume.
Another good reason is the fact that the ETH staked on the Ethereum 2.0 contract will not be automatically released. Presently, there is more than 11% of the total supply of ETH staked, with more being added daily. Developers have announced that there is no withdrawal function being put into the upgrade. This will likely come 6 months to 1 year after the Merge. Simply put, ETH will remain locked on the network for another 6 months to 1 year, causing the circulating supply to decline.
Ethereum Still Looks Bullish
Ethereum is still one of the most bullish cryptocurrencies in the market right now. The exchange net flow shows a marked accumulation trend among investors in the space. In the last 7 days, over $6.2 billion has been moved out of centralized exchanges, with the daily net flows following the same trend.
The transaction fees of Ethereum have also declined significantly, making it a good time for investors to move assets across the network. At the time of writing, ETH transaction fees sit at 11.74 GWEI, or $0.4.
The digital asset has also been able to fend off the bulls. With the price still sitting comfortably above the 50-day moving average, ETH has been one of the only cryptocurrencies in the space to reduce the selling pressure on investors.
To cap it all off, as the Merge draws closer, anticipation will likely continue to grow. If the case is the same as what was seen in the weeks after the announcement had been made, the price of ETH is likely to break $2,000 before the Merge.
https://www.newsbtc.com/news/ethereum/why-ethereum-is-an-attractive-investment-right-now/
Brave adds 15 new leading DApps to its Wallet Partner program
Last updated Aug 23, 2022
Brave’s native crypto wallet now features integrations from Aldrin, ApolloX, Bonfida, Cropper, Holaplex, Honeyswap, Jet Protocol, Marinade, NounsDAO, SolanaFM, Solend, SolBlaze, Spartan Protocol, Velodrome, and XY Finance.
Following the recent launch of Solana DApp support in our browser (version 1.41), we’re thrilled to announce that nine leading DApps on Solana have joined Brave’s Wallet Partner program. Six new Ethereum and/or EVM-compatible DApps have also joined the program this month. This brings the total of partners to 27 since the inception of our program just two months ago, as the Brave browser continues to expand its Web3 integrations.
Through this program, partners add Brave Wallet to their list of supported wallet connections and co-market their DApp integration with Brave using the browser’s marketing channels, blogs, communities, and social media.
In addition to raising awareness of Brave Wallet, the program also offers an opportunity for Brave and its partners to work together on further BAT utility projects or integrations.
These are the 15 projects Brave is excited to welcome to the Wallet Partner program this month:
Aldrin
Aldrin is building what they deem is the best swap experience and set of tools to allow anyone to earn passive income through DeFi. Their mission is to help you cut your lifetime of work in half. They focus on the finer details to create a seamless user experience. When it comes to security, Aldrin doesn’t leave anything behind—the automated market maker (AMM) is audited by Kudelski, whose past projects include Solana and Binance. With over 450 trading pairs and 180 liquidity pools, users have a wide range of options to either swap, trade, stake, or provide liquidity.
“Integrating Brave is opening the doors to new users who will be able to use the power of DeFi. There is still a lack of knowledge amongst the masses when it comes to DeFi products and what they’re capable of—we want to show them that both pro traders and newcomers can reap the same benefits in the same platform,” said the team at Aldrin.
ApolloX
ApolloX is an industry-leading decentralized solution shaping Web3 trading for retail and institutional traders. Its product suite consists of ApolloX DEX, the biggest decentralized crypto derivatives exchange on BNB Chain, and ApolloX DEX Engine, a bespoke, ready-to-go solution for partners looking to launch their own derivatives DEX. Notable DeFi platforms like PancakeSwap, LaunchZone and SafePal leverage ApolloX DEX Engine to seamlessly deploy derivatives trading on their platforms in just a few steps.
“Integrating Brave Wallet with ApolloX empowers millions of users around the world to explore ApolloX’s unique platform and tap into thriving DeFi ecosystems. We’re thrilled to be working with Brave to advance our shared vision of the Web,” said a lead member at ApolloX.
Bonfida
Bonfida’s primary product is the Solana Name Service (SNS). SNS has a straightforward mission of providing users with a Web3 ID. One of the clear benefits of the name service is a human-readable name that maps to a SOL address. Wallet address formats can be a barrier to entry, and therefore having an identifiable address can facilitate payments, efficiency, and overall user experience in our sphere. A name, not a number.
“It’s pretty simple; crypto shouldn’t be difficult or confusing. The Solana Name Service has a beeline focus on convenience and enhancing user experience and in this manner, we will contribute to Brave’s native crypto browsing experience. Together, we can make Web3 easy and accelerate mass adoption amongst Brave’s robust community. We offer an identity, a name, a product with vast use cases but at the core, a domain name that cares to help users have the best Web3 experience,” bonfida.sol said.
Cropper
Cropper is the most comprehensive launchpad on Solana, providing initial dex offerings (IDO) to carefully vetted projects, as well as a range of associated services to help build their initial liquidity within the ecosystem. Services include Liquidity Pool, Yield Farming, Staking, Bonding or Option Mining.
“Cropper is on a mission to provide all users with a secure and enjoyable platform for staking, farming, IDO participations, and more. To continue these efforts, integrating Brave Wallet to Cropper is essential. In doing so, we can provide more users with unique DeFi opportunities, as well as ensure a secure and user-friendly wallet option. We look forward to continuing working closely with the Brave team in a joint effort to increase DeFi access and adoption across the globe,” said Croppish, core contributor at Cropper.
Holaplex
Holaplex provides enterprise-grade NFT commerce solutions and is the trusted technology partner for top brands and Web3 protocols, with over 10k creators utilizing our open source, decentralized products on Solana. Built to scale with your business, Holaplex applies its suite of open source tools and a network of trusted protocol partners to build top NFT experiences for brands.
“We are excited to work with Brave in integrating their wallet into our suite of open-source tools and support their indexing needs to run performant applications on the Solana blockchain as we look to bring Web3 technology to the masses.” said Alex Kehaya CEO at Holaplex, Inc.
Honeyswap
Honeyswap is a decentralized exchange (DEX), deployed and maintained by 1Hive DAO. It’s the first Uniswap V2 Fork deployed outside of Ethereum mainnet, on Gnosis Chain (formerly xDai). Honeyswap is deployed both on Gnosis and Polygon sidechains and utilizes the eco-routing developed by dxDao, acting as an aggregator that finds the best routes for your trades based on the available liquidity on all the other DEXs it supports. What makes Honeyswap unique is that the trading fees collected by the protocol are used to buy back HNY, which is, in turn, used to fund public goods. Hence, the more volume, the more public goods are funded through 1Hive. “Together we thrive,’’ said the1Hive DAO contributors.
Jet Protocol
Jet Protocol is a non-custodial borrowing and lending protocol built on Solana. Jet is evolving rapidly and recently implemented its own governance UI—JetGovern—that enables token holders to participate in JetDAO to vote and shape the protocol. Jet’s core MVP is an innovative cross-margin pooled lending protocol. The latest iteration of the Jet Protocol is internally named ‘V2’ and is set to launch in 2022. It’s focused on margin trading (Jet Margin) and fixed-rate, fixed-term borrowing and lending (Jet Bonds).
Jet’s Co-Founder James Moreau said, “Given Brave’s broad and growing adoption, focus on security and user experience, as well as a crypto-native ethos, we’re thrilled to see them support Solana-based web applications such as Jet Protocol through a browser wallet interface.”
Marinade
Marinade is the first non-custodial liquid staking protocol built on Solana. Its mission is to strengthen and decentralize Solana and onboard more people around the world to DeFi. Marinade is the creator of the mSOL token: a collateralized version of SOL a user receives when they stake their SOL in the Marinade staking pool. Holders of mSOL tokens not only earn yield on their staked SOL, but can also use the fully liquid mSOL collateral token to earn additional yield through a growing selection of DeFi strategies. Marinade is a DAO with a governance token, MNDE, which can be locked to mint a Chef NFT that enables governance power and the ability to vote on validator and liquidity mining gauges.
“Marinade applauds Brave Wallet’s integration of Solana and support of SPL tokens. Internet users come to Brave because they seek performance, security, and censorship resistance. And now when they connect the Brave Wallet to the Marinade DApp to liquid stake their SOL for mSOL, not only are they getting SOL staking yield without sacrificing DeFi opportunities, but they are also playing a role in creating a more decentralized and performant Solana blockchain,” said Michael Repetny, Growth at Marinade.
NounsDAO
Nouns is a generative non-fungible token (NFT) project on the Ethereum blockchain. Nouns are 32x32 pixelated NFT characters based on people, places, and things. One noun is auctioned every 24 hours, forever. Each Noun sold contributes to a treasury governed by Nouns holders, where one Noun is equal to one vote. At the time of writing, the DAO holds 26,354 ETH or roughly $43,800,000 USD. Nouns are CC0 and fully open-source, which means the rights and project’s code are shared in the public domain. This status has allowed Nouns to proliferate freely via over a hundred derivative collections, works of art, communities, and products. Nouns are characterized by their Nounish glasses, sometimes referred to as Noggles. The ultimate goal of the NounsDAO is to expand the reach of their brand, what they call “The Nouns Virtuous Cycle: Nouns is a protocol for proliferating Nouns.”
SolanaFM
SolanaFM is the first indexer on Solana that allows you to gather and process data with maximum efficiency. The platform provides easy access to the full historical data within the Solana network. The platform facilitates indexing and querying services and enables protocols within the ecosystem to easily create fast and scalable applications. With its in-house infrastructure, SolanaFM built what they call the ‘friendliest’ explorer on Solana, on top of the fastest APIs and scalable indexing needs.
“Brave Wallet plays a vital role in bridging users from Web 2.0 to Web3. We believe in Web 2.0-based DApps which integrate Web3 (like Brave) to showcase how easy Web3 would be—this would be key to attract the masses,” said FA2, Co-Founder at SolanaFM.
Solend
Solend is the autonomous interest rate machine for lending on Solana. Users can earn interest and borrow 50 assets across 18 pools on the fast, low-fee, and scalable DeFi lending protocol.
“I’ve personally been using Brave and love the product. Integrating Solend into Brave’s suite of offerings is a no-brainer with their large user base and attractive offerings. With Brave’s dedication to a good and private UX, it fits our vision for the on-chain world and we love to work together to bring the vision of bringing DeFi solutions to anyone in the world to life,” said Soju at Solend.
SolBlaze
SolBlaze is an organization committed to building Solana’s ecosystem through the development of core utilities vital to Solana’s growth. They initially built the first-ever Solana mainnet-beta faucet, onboarding hundreds of thousands of users onto Solana. Then they created the first-ever front-end JavaScript payments SDK for Solana, making it easier for developers to integrate Solana payment flows into their websites. They’ve also launched BlazeStake, one of the largest liquid staking pools by validator set on Solana, making it easier for users to participate in decentralizing the network while interacting with the broader DeFi ecosystem. SolBlaze has integrated Brave Wallet across their entire lineup of applications, and are continuing to work on a variety of exciting projects on Solana, including an RPC status dashboard and an innovative way to pay for transaction fees.
“Brave closely aligns with SolBlaze’s mission to build Solana’s ecosystem, onboard the next billion users and developers to Solana, and strengthen the decentralization of the Solana network. We’re super excited to be working with Brave to accomplish these goals together,” said the founder of SolBlaze.
Spartan Protocol
Spartan Protocol pairs a unique liquidity-sensitive AMM algorithm with the low gas fees and fast settlement of BNB Chain to provide a range of open DeFi services to users looking to swap or earn yield on their assets. SPARTA is the common settlement asset inside every liquidity pool to remove any need for external oracles. The ethos behind Spartan is that it’s built by the community, for the community.
“Brave is strongly aligned with the values of our community. When thinking about open-source building, privacy, and education, it is easy to see opportunities to collaborate and improve the experience for all crypto users. As a very happy Brave user, it was a no-brainer to prioritize the conscious integration of Brave Wallet into our community DApp and form a partnership that will develop into a strong bond,” said Samus Elderg, Spartan Protocol ecosystem contributor.
Velodrome
Velodrome is a leading decentralized exchange and liquidity marketplace on Optimism. Using a vote-escrow token design and built-in bribe system, Velodrome offers a capital-efficient, sustainable model for protocols on Optimism to attract and retain liquidity for low slippage trading. Velodrome is the next evolution of Solidly, a protocol first introduced by Andre Cronje.
“The Brave ecosystem is paving the way for wide-scale DeFi adoption by prioritizing security, privacy, and user experience in every application. For Velodrome, integrating the best tools, such as Brave’s wallet, is a key part of making deep liquidity accessible to all ecosystem players.” said the Velodrome team.
XY Finance
XY Finance is a cross-chain solution provider delivering optimal routes across multiple blockchains, covering diverse cryptos and creating ultra-fast transfers. XY Finance provides cutting-edge SDKs & APIs for token swaps and a turnkey dynamic NFT infrastructure, spanning DeFi, NFTs, and Web3. XY Finance is friendly for developers, and easy for all.
“We’re thrilled to integrate Brave Wallet to lower Brave users’ threshold of traveling in the multi-chain world. We will bring users a seamless and efficient experience in bridging crypto across multi-chain,” said Wilson Huang, Founder/CEO at XY Finance.
About Brave Wallet
Brave Wallet is the first browser-native crypto wallet, and your built-in passport to Web3. Brave Wallet enables Brave users to store, manage, grow, and swap their crypto portfolio from a single wallet. Unlike most crypto wallets, Brave Wallet does not require extensions; it’s browser-native, reducing security risks and reliance on extra CPU and memory. Users can transact with almost any crypto asset with superior safety and performance, as well as connect with other wallets and Web3 DApps. Brave Wallet is available on desktop and mobile. Download Brave today, and explore all that our new partners have to offer in Web3.
https://brave.com/august-wallet-partners/
Apple plans to assemble iPhone 14 in India in effort to diversify production outside China
Tuesday, August 23, 2022 9:14 am
After building up launch stock in China, Apple plans to begin assembling the iPhone 14 in India some two months after the product’s launch date, narrowing the gap between the two countries in a effort to diversify production that is heavily dependent on the Chinese Communist Party-controlled country.
Sankalp Phartiyal and Saritha Rai for Bloomberg News:
The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter. Apple, which long made most of its iPhones in China, is seeking alternatives as Xi Jinping’s administration clashes with the US government and imposes lockdowns across the country that have disrupted economic activity.
Analysts such as Ming-Chi Kuo of TF International Securities Group have said they anticipate Apple will ship the next iPhone from both countries at roughly the same time, which would have been a significant benchmark in Apple’s efforts to diversify its supply chain and build redundancy.
MacDailyNews Take: Diversification, especially away from China, reduces risk and benefits Apple.
It’s smart for both Apple and Foxconn to diversify assembly outside of China. There’s no sense having all of your eggs in one basket. – MacDailyNews, April 2, 2019
https://macdailynews.com/2022/08/23/apple-plans-to-assemble-iphone-14-in-india-in-effort-to-diversify-production-outside-china/
Chinese national admits to stealing Apple autonomous vehicle trade secrets
Tuesday, August 23, 2022 9:28 am
A former Apple engineer on Monday pled guilty to criminal charges that he stole the company’s proprietary intellectual property before starting a job at a Chinese autonomous vehicle company.
Peter Blumberg for Bloomberg News:
Zhang Xiaolang, who was arrested in July 2018 on his way to catch a plane to China, admitted to one count of trade-secret theft at a hearing Monday in federal court in San Jose, California, according to the court’s electronic docket.
A judge ordered his plea agreement to be filed under seal from public view and set Zhang’s sentencing for Nov. 14.
MacDailyNews Take: As we wrote back in 2019, this “seems like an avoidable problem.”
Back in 2018, Reuters reported that the charges filed in U.S. federal court alleged that Zhang disclosed intentions to work for a Chinese electric car startup and booked a last-minute flight to China after downloading the plan for a circuit board for a self-driving car.
In 2019, another Chinese national was charged with stealing Apple’s autonomous vehicle trade secrets. Jizhong Chen was charged with stealing proprietary information from the company’s self-driving car project while applying to work for a Chinese rival.
A search of a hard drive owned by Chen found thousands of sensitive Apple documents along with 100 photos taken inside the company’s self-driving facility, according to an FBI affidavit.
Chen has pleaded not guilty and the case is still pending.
https://macdailynews.com/2022/08/23/chinese-national-admits-to-stealing-apple-autonomous-vehicle-trade-secrets/
Apple Watch leads rescuers to missing man with Alzheimer’s
Wednesday, August 24, 2022 4:18 pm
According to officials in New Hampshire, a three-day search for a missing man with Alzheimer’s ended in success thanks to his Apple Watch.
Julia Marnin for the Sacramento Bee:
After Patrick Hart, 59, walked off from his home in Warner while wearing his watch the afternoon of Aug. 21, he was nowhere to be found as local and state authorities went looking for him, according to New Hampshire Fish and Game Law Enforcement.
Rescuers tracked Hart down on Aug. 23 after information gathered from his watch pointed to his potential whereabouts, an agency news release says.
Prior to him being found, it was believed that Hart had trekked to a tough, wooded terrain called “the minks,” according to the release.
During the search, an Air Force rescue coordination center got involved and discovered Hart’s Apple Watch lost power sometime during his disappearance, the release says. A 700-acre area was pinpointed as the location where Hart likely was when his watch shut down.
A New England K9 Search and Rescue team ultimately tracked down Hart in the woods the morning of Aug. 23 using this information, according to NH Fish and Game.
MacDailyNews Take: Yet another one saved!
https://macdailynews.com/2022/08/24/apple-watch-leads-rescuers-to-missing-man-with-alzheimers/