Huawei in hot water and Apple’s rocky first-quarter | TECH(feed)


HEY EVERYONE, WELCOME BACK TO TECH FEED. I’M JULIET BEAUCHAMP AND TODAY WE’RE TALKING
THE IPHONE SALES SLUMP, HUAWEI’S ONGOING LEGAL BATTLE AND MORE. STICK AROUND. SO, ON TUESDAY WE TALKED ABOUT THE GENERAL
TREND OF SLOWER SMARTPHONE SALES, BUT NOW WE’VE HAVE MORE INFO ABOUT HOW THE IPHONE
FARED DURING APPLE’S FIRST QUARTER. REVENUE FROM IPHONES FELL FIFTEEN PERCENT
YEAR ON YEAR ACCORDING TO APPLE’S Q1 RESULTS. INTERNATIONAL SALES WERE ESPECIALLY SLOW,
LIKELY BECAUSE OF FOREIGN EXCHANGE RATES. APPLE SETS PRICES IN U.S. DOLLARS, SO PRICES
OVERSEAS SEEMED PARTICULARLY HIGH. APPLE REALLY TOOK A HIT IN CHINA, WHERE OVERALL
SALES WERE DOWN TWENTY-SEVEN PERCENT. AND OF COURSE, ALL OF THIS NEWS IS COMING
OUT WHILE APPLE IS DEALING WITH THE FACETIME BUG THAT ALLOWED CALLERS TO EAVESDROP ON THE
PEOPLE THEY WERE CALLING … AND OF COURSE THE GROWING TENSION BETWEEN THE U.S. AND CHINESE
TECH GIANT HUAWEI. AND NOW LET’S TALK A LITTLE MORE ABOUT HUAWEI. THE CHINESE COMPANY HAS BEEN CHARGED BY THE
U.S. DEPARTMENT OF JUSTICE FOR STEALING TRADE SECRETS, DODGING ECONOMIC SANCTIONS IN IRAN
AND OBSTRUCTING A CRIMINAL INVESTIGATION. HUAWEI OF COURSE DENIES ANY WRONGDOING. AND THIS IS ALL UNFOLDING IN THE MIDDLE OF
THE TRADE WAR BETWEEN THE WORLD’S TWO LARGEST ECONOMIC POWERS. ITS CFO WAS ALREADY ARRESTED IN CANADA A FEW
MONTHS AGO AND COULD BE EXTRADITED TO THE U.S. TO STAND TRIAL TO SOME OF THESE CHARGES. THIS IS A HUGE STORY WITH GLOBAL RAMIFICATIONS,
AND WE’LL BE SURE TO KEEP AND EYE ON IT PROVIDE KEY UPDATES AS NEWS PROGRESSES. THERE’S NEW EVIDENCE THAT GOOGLE AND THE
INTERNET ADVERTISING BUREAU ARE PROFILING USERS AND ASSIGNING THEM WITH HYPER-SPECIFIC
AND POTENTIALLY SENSITIVE LABELS TO SELL ADS. THIS IS ALL PART OF A CONTINUING GDPR COMPLAINT
INTO HOW ONLINE COMPANIES ARE SELLING DATA AND PROFITING OFF OF USERS. BRAVE, A PRIVACY-FOCUSED BROWSER, BROUGHT
THIS EVIDENCE FORWARD AND SAYS AD AUCTION COMPANIES LIKE GOOGLE ILLEGALLY PROFILE USERS’
RELIGIOUS BELIEFS, ETHNICITIES, DISEASES, DISABILITIES, AND SEXUAL ORIENTATION. THOUSANDS OF COMPANIES THEN RECEIVE THIS PERSONAL
DATA, AND THERE’S NO WAY OF KNOWING WHAT THEY DO WITH THAT INFORMATION. AND COLLABORATION SOFTWARE SPENDING IS PREDICTED
TO GROW THIS YEAR AS DEMAND CONTINUES TO INCREASE. THE MARKET COULD GROW NINE PERCENT THIS YEAR
WITH SPENDING HITTING FORTY-FIVE BILLION DOLLARS WORLDWIDE, ACCORDING TO SYNERGY RESEARCH GROUP. TEAM CHAT APPS SUCH AS SLACK AND MICROSOFT
TEAMS WILL SEE THE BIGGEST GROWTH, WITH SPENDING REACHING 500 MILLION DOLLARS IN 2019. MORE MARKETS HAVE ADOPTED CHAT APPS, AND LARGER
ENTERPRISES ARE BEGINNING TO ADOPT THEM AS WELL. SLACK HAS DOUBLES REVENUES IN THE PAST YEAR
AND IS REPORTEDLY GEARING UP FOR A DIRECT STOCK LISTING. THANKS FOR WATCHING. BE SURE TO LIKE THIS VIDEO AND SUBSCRIBE. AND LET ME KNOW IN THE COMMENTS IF YOU BOUGHT
ONE OF THE NEW IPHONES LAST YEAR OR WHY YOU SKIPPED IT. TOO EXPENSIVE? YOUR OLD MODEL WORKS FINE? I WANT TO KNOW. SEE YOU NEXT TIME.

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