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Investors3

02/14/20 10:10 PM

#132318 RE: Investors3 #132317

Apple to reopen retail store in Shanghai on February 15th
Friday, February 14, 2020 4:02 pm
6 Comments

https://macdailynews.com/2020/02/14/apple-to-reopen-retail-store-in-shanghai-on-february-15th/

Apple said on Friday it would reopen one of the company’s seven retail stores in Shanghai on February 15th albeit with reduced working hours, Reuters reports.

Apple to reopen retail store in ShanghaiThis comes one day after Apple said a few retail stores in Beijing would reopen today, February 14th.

Reuters:

The coronavirus has claimed 1,380 lives, infected 63,851 on the Chinese mainland, and has spread to at least 24 countries.

It has led to lockdown of cities, extended new year holidays and factory closures that have disrupted the supply chains of several companies.

MacDailyNews Take: According to disease modelers, at least 550,000 and possibly as many as 4.4 million cases of the novel coronavirus 2019-nCoV are possible before the outbreak runs its course.

According to Sharon Begley at Stat, “the Covid-19 models ‘are doing quite well, despite a lot of complicated dynamics on the ground,’ said Los Alamos computer scientist Geoff Fairchildd. While it’s not clear yet if they’ve nailed the true numbers of cases, they are correctly projecting the outbreak’s basic shape: increasing exponentially, the number of cases growing more quickly the more cases there are.”

Apple is being prudent in slowly opening a few stores, including this latest Apple Store in Shanghai at reduced hours, to see how things progress before throwing open their doors to the masses everywhere in China.
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Investors3

03/03/20 3:02 PM

#132769 RE: Investors3 #132317

Apple recommends Brave browser as one of the "new apps we love"
Just a week prior, Apple pressured Coinbase’s iOS wallet app to slim down its offerings.

https://decrypt.co/16015/apple-recommends-brave-browser-as-one-of-the-new-apps-we-love

Apple yesterday recommended the privacy-focused, blockchain-friendly browser Brave as one of its “New Apps We Love” on its Hong Kong app store, just days after it pressured cryptocurrency exchange Coinbase to remove the ability to browse for decentralized apps from its Coinbase Wallet iOS app.

Brave is working on its own crypto wallet, and became the first browser to recommend its users to utilize the Ethereum-based browser interface, MetaMask, it claimed.

The iPhone producer’s applause is the latest milestone for the company, which also is responsible for the Brave Attention Token, the coin that’s issued to those that view advertisements on its browser.

A Coin Metrics report issued at the beginning of 2020 said BAT increased in value and market cap by 45 percent since the start of 2019, and Brave announced that the browser ended the year with over 10 million users—just a month prior, it announced it had only 8.7 million active users.

But, as Brave expands into Web3, Coinbase might have to curtail the services offered by its iOS app. CEO Brian Armstrong saw it as part of a wider trend: “Apple seems to be eliminating usage of dapps from the App Store,” said Coinbase CEO Brian Armstrong last week, in response to Apple’s announcement about his app.

Armstrong continued, “If Apple customers want to be able to use Dapps, we may need to make this request know[n] to Apple in some way.

“This is an important area of innovation in finance, and many developers and early adopters of this technology have millions of dollars worth of crypto tied up in these financial applications, which they will no longer be able to use on Apple mobile devices if this app store policy continues,” he wrote.

Looks like Apple needs to sort out its love/hate relationship with crypto.