Apple supplier Foxconn expects its iPhone plant in Zhengzhou, China to resume full production by January, according to Reuters. The plant has been in lockdown since November due to Beijing's zero-Covid policies. The shutdown along with issues involving pay conditions triggered mass worker protests at the facility, resulting in recent production delays. More: - Foxconn says the production problems resulted in an 11.4% decline in its November revenue YoY.
- The company is said to be recruiting new employees in order to restore production to full capacity within three to four weeks.
- Workers at the site, known as iPhone City, help produce the new iPhone 14 and other premium iPhone models.
- According to the Wall Street Journal, the recent delays have prompted Apple to fast-track its plans to move some production out of China.
- Apple recently told suppliers to “plan more actively” to assemble its devices in Vietnam and India and curb its dependency on Taiwanese suppliers led by Foxconn.
CNN | |
According to tech blog Platformer, Apple has reinstated total advertising on Twitter and Amazon is expected to return to the platform soon. Pending some "security tweaks," Amazon reportedly plans to spend about $100M a year on Twitter ads, a Platformer journalist tweeted. More: - The updates come after about half of Twitter's top 100 advertisers withdrew spending shortly after Elon Musk's takeover of the company.
- The advertisers had spent a collective $750M on Twitter ads this year. Apple was Twitter's largest advertiser before it cut back advertising late last month.
- Last week, Twitter sent an email to advertisers who spend more than $500,000 on ads, offering a 100% match of up to $1M in equivalent marketing value.
- Prior to Musk's purchase of the platform, advertising accounted for more than 90% of Twitter's revenue.
- On Saturday, the CEO tweeted, "Just a note to thank advertisers for returning to Twitter."
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Microsoft is making preparations to potentially defend itself in U.S. court over its $68.7M proposed acquisition of Activision Blizzard, reports Bloomberg. The U.S. Federal Trade Commission (FTC) may file a lawsuit seeking to block the deal as it wraps up the final stages of its antitrust review. More: - According to Bloomberg, the FTC has not held talks with Microsoft about potential concessions or remedies that could convince regulators to approve the acquisition.
- The FTC will make a recommendation soon and ask commissioners to vote on whether to file a lawsuit challenging the deal.
- Under FTC Chair Lina Khan, the agency has pledged to take a more aggressive stance on larger-scale acquisitions.
- However, a new report by The New York Post suggests that at least one commissioner on the four-member panel has now softened their stance on the merger, signaling potential support for Microsoft.
- If accurate, the rift could pave the way for the acquisition to get approved, according to The Post.
BLOOMBERG | |
Citing software-related issues, tech analyst Ming-Chi Kuo says mass shipments of Apple's long-awaited AR/VR headset may be delayed to the second half of 2023. Previous reports said Apple planned to announce the headset in January and begin mass shipments of the device in Q2 2023. More: - Apple could still ship some headsets in the first half of 2023 but at a much lower volume, according to Kuo.
- It's unclear if Apple will still hold a media event to reveal the device in January, or postpone that to a later date, he said.
- A long delay between the reveal and mass shipment could be "detrimental" to the headset's sales and promotion, Kuo noted.
- The headset, which is projected to cost $2,000 to $3,000, reportedly has very high-resolution displays, more than 10 cameras, and a Mac-level M2 chip.
- Apple recently renamed the headset's operating system from realityOS to "xros", which stands for “extended reality.”
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Nothing, the consumer tech startup led by Oppo co-founder Carl Pei, is now in talks with carriers to launch a smartphone in the U.S. The company unveiled its first device, the Phone 1, in July across 40 markets including Japan, India, and the U.K. More: - The U.S. was absent from that list due to the "additional technical support" for all carriers and their customizations on top of Android, Pei explained.
- At that time, the company wasn't ready for a U.S. launch but is now "in discussions with some carriers in the U.S. to potentially launch a future product there," he said.
- Nothing released its first product, wireless earbuds, in 2021, which have seen "a lot of interest" in the U.S.
- The Phone 1, a rival to Apple's iPhone SE, has sold 500,000 units globally since July. The phone has a 6.55-inch OLED display, 120Hz adaptive refresh rate, and a transparent back revealing electronic components.
- Pei said Nothing is not profitable now but it aims to become so "in 2024."
GIZMODO | |
AI research company OpenAI's latest chatbot has taken the internet by storm. The AI model, called ChatGPT, is currently free to try out during the research phase at chat.openai.com. Following beta testing, OpenAI may launch API access next year. More: - ChatGPT can hold human-like conversations, create original art and poetry, write and edit code, compose essays and scripts, engage in philosophical conversations, and more.
- According to OpenAI, ChatGPT is unique in that it can admit to its own mistakes, challenge false premises, and turn down requests that are inappropriate.
- The experimental browser-based AI model has been generating "a lot more demand" than expected, according to OpenAI's CEO Sam Altman
- Elon Musk, who co-founded OpenAI with Altman and others in 2015, tweeted: "Lot of people stuck in a damn-that's-crazy ChatGPT loop."
- OpenAI notes that the bot can still "occasionally generate incorrect or misleading information and produce offensive or biased content."
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| | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. You can reach her at Beth.Duckett@inside.com. | | | Editor | Eduardo Garcia is a writer and editor based in New York. He is the author of "Things You Can Do," an illustrated book about climate action. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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