Tim Cook just took a $1 billion taxi ride. Arriving in China, the Apple CEO jumped into a cab from Didi Chuxing, the ridesharing app and Uber rival in which Apple recently invested $1 billion. Cook is reported to be visiting China to smooth over recent troubles. China has been a tough territory for Apple […]
Microsoft has announced plans to cut up to 1,850 jobs as part of efforts to scale back its smartphone business. The firm also said it would post a $950m (£646m) writedown, part of which is to cover redundancy payments. A union official suggested the firm had cancelled plans to manufacture further handsets of its own, […]
Amazon@Penn probably doesn’t look like any store you’ve ever visited. The brightly lit space includes no shelves, no standing inventory and no checkout. It’s likely debatable the location is even a “store” at all. Yet this 3,500-square-foot space, which hosted a grand opening Friday at the University of Pennsylvania in Philadelphia, serves as another example […]
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