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☆ Gen Z loves the flip phone
▼ + stars: | 2023-01-15 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +8 min

Now, Gen-Z’s latest “vintage” obsession is the flip phone – that mid-1990s era phone that has suddenly become oh so popular with millennials. “I’m team flip phone revolution,” singer Camila Cabello tweeted Thursday, posing with a TCL flip phone, vintage. Maybe I can write the theme song guys 💪💪💪💪 pic.twitter.com/yOJgCdAgNq — camila (@Camila_Cabello) January 13, 2023“I found a little 90s, Matrix-y flip phone,” Cameron said. “At parties people will say, ‘oh my goodness, is that a flip phone?,’” Palazzolo said. And yes, new Nokia flip phones are still available – the Nokia 2760 Flip is sold at Walmart from prepaid brands such as Verizon for $19.99.

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☆ Meta laid off 11,000 of its staff, and Apple is a big reason for the social media giant's sudden decline
▼ + stars: | 2022-11-09 | by ( Lara O'Reilly | Kali Hays | ) www.businessinsider.com time to read: +5 min

Meta is laying off 11,000 employees, or 13% of its staff, and Apple is a big reason why. Zuckerberg has often cited Apple's threat to Meta's ads business, and recently pointed to Apple as a major culprit for its second successive quarter of revenue decline. Revenue in Apple's services business — which also includes sales from the App Store, Apple TV+, and Apple music — grew 5% to $19.2. "Apple previously said it didn't take a share of developer advertising revenue, and now apparently changed its mind." Of course, Apple's ATT restrictions and its push into becoming an ad seller itself isn't the only threat to Meta's ad revenue.

☆ U.S. tech giants face pressure from Europe's telcos to pay for building the internet
▼ + stars: | 2022-10-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

Michael Bocchieri | Getty ImagesIn Europe, the battle between U.S. Big Tech companies and telecommunications firms has reached fever pitch. In May 2022, EU competition chief Margrethe Vestager said she would look into requiring Big Tech firms to pay for network costs. In South Korea, companies have similarly lobbied politicians to force "over-the-top" players like YouTube and Netflix to pay for network access. Tech companies, naturally, don't think they should pay for the privilege of sending their traffic to consumers. There's also the matter of why internet users pay their providers in the first place.

☆ Meta's successive quarters of dismal earnings show just how much of a chokehold Apple has on Facebook. All signs suggest it's going to keep squeezing harder.
▼ + stars: | 2022-10-27 | by ( Lara O'Reilly | Kali Hays | ) www.businessinsider.com time to read: +6 min

Apple this week updated its terms to require Meta cede 30% of the sales of some ads to the iPhone maker. The company posted its second successive quarter of revenue decline and again pointed to Apple as a major culprit. And just this week, Apple revised its App Store Review Guidelines. "Apple previously said it didn't take a share of developer advertising revenue, and now apparently changed its mind." To be sure, Apple's ad revenue is currently largely derived from search ads within its App Store, which don't necessarily directly compete with Meta's social ads.

☆ Spotify takes on Amazon's Audible, launches audiobook service for U.S. users
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

A headset is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.com RegisterSept 20 (Reuters) - Spotify Technology SA (SPOT.N) is locking horns with Amazon.com Inc's (AMZN.O) Audible, with the launch of its audiobook service in the United States. Spotify users in the country will have access to over 300,000 audiobook titles, the Swedish firm said in a blog on Tuesday. Users will be able to browse the catalog on the Spotify app and purchase through the website, it added, similar to the purchase of Spotify subscription. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yuvraj Malik in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

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