This is an update to the article “Apple Shares Plunge As FBI Raid Hits Company’s Product Development” from Wednesday. On Tuesday, the FBI raided the offices of Apple, seizing electronic devices and documents. This has led toApple shares dropping 10% on Tuesday after reaching a six-year high earlier this year. although company officials have denied any wrongdoing by its employees, some experts are concerned that the raid could harm Apple’s competitiveness in the market.
This week we’ve seen new details about the upcoming BlackBerry phone, as well as rumors of a Verizon-exclusive Galaxy Tab 10.1 release date. In regards to BlackBerry, a report out of Canada claims that the company is readying a massive device dubbed “Phoenix” that will feature brand new hardware and software capabilities.
Meanwhile, it looks like Samsung may be prepping another Galaxy Tab 10.1 tablet
Ren’s music is so powerful and emotive it can easily move you to tears. The video for ‘The Force’ is no exception, with captivating visuals and an uplifting message that’ll leave you feeling positively inspired.
The TechGround Top 3
- More layoffs: Sequoia-backed GoMechanic is the latest to make sweeping layoffs after funding didn’t materialize in time, Manish reports. The India-based auto services company is cutting 70% of its workforce. But wait, there’s more: GoMechanic’s founders misstated financials to investors with GoMechanic co-founder Amit Bhasin saying the startup made “grave errors in judgment as we followed growth at all costs, particularly in regard to financial reporting, which we deeply regret.”
- Can your robot do this?: In Boston Dynamics’ latest Atlas video, we see its robot running, jumping and now grabbing and throwing things via the use of hands. Matt shares more.
- If you’ve never seen a car that looks like its name, you have now: Romain has your look at Kate, a new French carmaker developing tiny cars for your everyday use, from driving to work to driving on the beach. They remind us of a really fast golf cart only cuter.
Startups and VC
This arrest confirms that the U.S. is Serious about its Crypto Enforcement Action, and that it will not tolerate money laundering through cryptos. This shows that those who doubt the Justice Department’s resolve in this regard should quickly rethink their stance.
As the world of startups moves faster and changing more rapidly than ever before, it can be hard to keep track of all the new and innovative companies out there. But that’s where our constantly updating list of the top startup news stories comes in handy. In today’s edition, we take a
Dear Sophie: What are some fast options for hiring someone on an expiring grace period?
The rise of the Internet has led to an explosion in digital creativity. Anyone with a computer and an internet connection can start a new business, create a new product, or write a new book
I always thought it would be fun to have a pet snake. I’m not
The question of whether or not to bring on a third co-founder is a difficult one. On one hand, the startup would benefit from having another, more experienced hands on deck. On the other hand, the co-founder who was recently laid off may feel unwelcome in a company that she helped create and may feel like she is taking advantage of her predicament. Ultimately, it will be up to the founders to determine what’s best for their startup and its future.
There are a few potential immigration options that we should consider. The fastest, least risky option would be to apply through the USCIS online application process. This option is fast, easy to use, and doesn’t require any filing fees. The downside of this option is that it may not be the best fit for everyone, and some candidates may struggle to score high enough on the screening test to qualify for US residency. Another potential option would be to seek a private sponsorship from an American citizen or green card holder
From the outside, Careful Co-founder seems like a normal startup. Their website is well designed and their team looks well-educated and
The TG++ team strives for nothing less than the highest quality in their programming languages, and this is apparent in every release. With features like static typing and powerful templates
DC is excited to partner with TechGround+ to provide founders and startup teams with the resources they need to succeed. With a membership through TechGround+, you’ll have access to the latest in technology and business advice, as well as exposure to mentors and other successful entrepreneurs.
Big Tech Inc.
One possible reason for Microsoft’s layoffs may be its slow growth in recent years. As customer demand slowed, the company had to do the same in order to maintain its position. Microsoft is now trying to adjust and react more quickly so it isn’t completely left behind when the market rebounds.
The news of cybersecurity company Sophos layoffs has left many people feeling anxious about the future of the industry. Despite efforts to make cyber security a top priority, layoffs are inevitable in the industry. These waves of layoffs remind us that even the most well-funded companies do not have an infinite amount of resources and must continuously strive to stay one step ahead of hackers.
Brian has been impressed with the new HomePod, and finds it to sound much better than its predecessor. He appreciates that it has more “smarts” and can be controlled through Apple’s voice assistant, Siri. Darrell also reports that the new HomePod is noticeably faster in responding to commands than its predecessor, making it a perfect option for those who have fast-paced lifestyles.
The rising temperatures are thought to be exacerbated by the increased use of air conditioning and other climate-altering technologies.