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☆ Apple is finally opening its first retail store in India
▼ + stars: | 2023-04-06 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Apple is finally getting ready to open its first physical store in the country as it bets on India as a market and manufacturing base. Its previous plan to open a store in the country in 2021 was derailed by the coronavirus pandemic. Apple is preparing to open its first physical store in India, in the commercial and financial hub of Mumbai. The launch would come more than 20 years since the California-based giant first entered the Indian market through third-party resellers. In 2020, the company launched an online store in India, allowing customers to buy its products and also, for the first time, customize certain devices.

☆ Apple Supplier Foxconn Plans to Rely Less on China for Revenue
▼ + stars: | 2023-03-15 | by ( Joyu Wang | Yoko Kubota | ) www.wsj.com time to read: 1 min

Foxconn has been diversifying its production sites as well as the products it makes. TAIPEI— Foxconn Technology Group, one of Apple ’s biggest suppliers, said it would rely less on China as a source of revenue as it diversifies production sites to strengthen supply-chain resilience. About 70% of Foxconn’s revenue comes from China, said Young Liu , the company’s chairman. Going forward, the proportion coming from markets outside of China will continue to grow, he said in an earnings call Wednesday. Foxconn’s revenue in 2022 was 6.6 trillion New Taiwan dollars, equivalent to around $215 billion.

☆ Apple supplier Foxconn is on the hunt for semiconductor and EV deals in India
▼ + stars: | 2023-03-04 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

Taiwan’s Foxconn has been looking to expand its operations in the South Asian giant after suffering severe supply disruptions in China last year. “India is a country with a large population,” Young Liu, the company’s chairman and CEO, said in a Saturday statement. The company, best known for making Apple (AAPL)’s iPhones, is one of the world’s biggest contract makers of electronics. India has emerged as an attractive potential alternative to China for the likes of Apple. Apple devices are currently manufactured in India by Foxconn, Wistron and Pegatron, which are all Taiwanese companies.

Such efforts to attract foreign investment come as the pandemic and geopolitical tensions push companies to diversify their supply chains away from China. The Commerce Ministry said Thursday that for the first time, it would launch events for an "Invest in China Year." Apple later said the Zhengzhou factory disruptions would delay deliveries of some iPhone 14 models. He also noted "serious challenges" to attracting foreign investment. Those include unfair competition with local players in China due to industrial policies, lack of legal protection for foreign business in China and geopolitical risks, Wang said.

☆ Here's how a wildly outgunned US Navy pilot outfoxed one of the Soviet Union's best jets, scoring a string of kills in a legendary dogfight
▼ + stars: | 2023-01-31 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

An outgunned US Navy pilot downed four Soviet MiG-15 jets in a legendary dogfight over 70 years ago. This swept-wing Soviet aircraft was considered to be superior to the straight-wing American Panther in terms of overall performance. A Grumman F9F Panther fighter jet fires its guns during an attack on the North Korean port of Hungnam. "In the moment I was a fighter pilot doing my job," Williams said in an account of the fight, according to Pacific Fleet. Williams' dogfight isn't the only example of US planes battling enemy aircraft that are superior on paper.

☆ Apple supplier Foxconn replaces iPhone business chief- Bloomberg News
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +1 min

Jan 17 (Reuters) - Taiwan's Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported on Tuesday, citing people familiar with the matter. Chiang replaces longtime leader Wang Charng-yang as head of the iPhone assembly division, the Bloomberg report said. Apple did not immediately respond to a request for comment. Chiang's appointment is part of Foxconn Chairman Young Liu's efforts to elevate younger executives to maintain the company's supply chain leadership in the face of growing competition from Chinese contenders, the Bloomberg report said. Reporting by Lavanya Ahire in Bengaluru; Editing by Dhanya Ann Thoppil and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

A Texas man allegedly admitted to authorities that he murdered and mutilated his wife, according to a news release published by the Waller County Sheriff's Office. The Waller County Sheriff's Office responded to a call about a possible death at a southeast Texas home about an hour away from Houston around 4:35 p.m. Wednesday. "During my short time with them, they were a very nice young couple," he wrote. The Waller County Sheriff's Office and District Attorney's Office are investigating the murder. The district attorney's office did not immediately respond to requests for comment.

☆ 10 money managers who quietly control the vast fortunes of Jeff Bezos, Sergey Brin, the Waltons, and other big-name billionaires
▼ + stars: | 2022-12-27 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +24 min

Many über-rich people don't outsource their wealth — they hire their own chief investment officers. He left SAC in 2005 for Dune Capital Management, but stayed in touch with Steve during his five-year term at the investment firm. Andrew oversees CPV's portfolio, which primarily comprises direct private investments such as Collectors Universe, a collectibles-authentication company, and the New York Mets. In 2011, Wildcat Capital Management was launched with Potter as president and chief investment officer. Since November 2021, Carland has also served as the interim chief investment officer for Builders Vision's asset arm.

☆ The Year in Pictures 2022
▼ + stars: | 2022-12-19 | by ( The New York Times | ) www.nytimes.com time to read: +57 min

Every year, starting in early fall, photo editors at The New York Times begin sifting through the year’s work in an effort to pick out the most startling, most moving, most memorable pictures. But 2022 undoubtedly belongs to the war in Ukraine, a conflict now settling into a worryingly predictable rhythm. Erin Schaff/The New York Times “When you’re standing on the ground, you can’t visualize the scope of the destruction. Jim Huylebroek for The New York Times Kyiv, Ukraine, Feb. 25. We see the same images over and over, and it’s really hard to make anything different.” Kyiv, Ukraine, Feb 26.

Four college students have died and three others were injured after the SUV they were in crashed early Saturday in the Maine town of Castine, authorities said. Jerry Paul, president of the Maine Maritime Academy, where all seven attended, said in a statement that he's devastated. The four were preliminarily identified as Brian Kenealy, 20, of York, Maine; Chase Fossett, 21, of Gardiner, Maine; Luke Simpson, 22, of Rockport, Mass. All seven were students at the academy, a circa-1941 state school that prepares students for careers in overseas transportation, the Navy, and other ocean-oriented pursuits. Castine, about 35 miles south of Bangor, Maine, has a population of about 1,100 residents, slightly more than the academy's student body.

☆ Remembering Gary Strieker, who helped establish CNN's presence in Africa
▼ + stars: | 2022-12-03 | by ( Tricia Escobedo | ) edition.cnn.com time to read: +12 min

CNN —Gary Strieker had every reason to be a pessimist. Gary Strieker, who passed away in July 2022, helped establish CNN's presence in Africa. Courtesy Strieker family Born in the tiny Illinois farm town of Breese in 1944, Gary Gerard Strieker moved to San Diego, California at a young age. Courtesy Strieker family Strieker is remembered by his family and colleagues as a quiet, humble man who never lost his optimistic spirit or tireless energy for making the world a better place. Courtesy Strieker family Strieker was the network's only correspondent on the African continent for some time, covering the AIDs epidemic in the 1980s and other major moments in history, including the 1994 genocide in Rwanda.

☆ How radio DJs are using TikTok to find new listeners as the app takes over music discovery
▼ + stars: | 2022-11-23 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

"If you can incorporate a TikTok Live while you're actually live on the air broadcasting, there's something really cool about it," he said. She added: "I noticed a huge spike in the people that were listening to my radio station or that just knew of the radio station. Like other incumbents in the music world, radio companies are now determining the best way to use TikTok to grow their businesses. Meanwhile, SiriusXM, which streams over satellite, digital, and via partnerships with auto manufacturers, launched last year a dedicated TikTok radio channel in partnership with the short-video app. As for the radio talent themselves, they're well aware of the impact that TikTok can have on their careers.

MOSCOW, Idaho — With no one apprehended in the brutal slayings of four University of Idaho students in an off-campus home, it "certainly is possible" there may be more than one suspect, a local prosecutor said Thursday. The description of the attack frustrated families of the victims and University of Idaho students who said that without a suspect in police custody, they continued to feel unsafe. In addition, a livestream from a late-night food truck appears to have recorded two of the students ordering food early Sunday. The livestream was broadcast on the platform Twitch by Grub Wandering Kitchen, which owns the food truck. This still from video appears to show two Idaho victims at a food truck before the incident.

☆ University of Idaho students, community members are 'getting out of Dodge' after 4 classmates were killed in a 'targeted attack,' police say
▼ + stars: | 2022-11-16 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

University of Idaho students are leaving town after the shocking off-campus killings of four classmates. Latah County Sheriff's Deputy Scott Mikolajczyk told the Idaho Statesman people were "getting out of Dodge." Police stressed that "there is no imminent threat to the community," but no suspects are in custody. Many people in the Idaho town of Moscow, where the college is located, are "getting out of Dodge" after the Sunday off-campus massacre, Latah County Sheriff's Deputy Scott Mikolajczyk told the Idaho Statesman in a report published on Wednesday. The Moscow Police Department recognized the community's safety concerns on Tuesday, saying, "We hear you, and we understand your fears."

Audiences will see how the battle in the Texas Legislature over gender-affirming care for trans children is far from a mere partisan philosophical argument or campaign talking point for me. That’s the year a flood of anti-LGBTQ bills were introduced in the Texas Legislature — the majority of which directly targeted trans kids and their families. This year dealt Texas trans families a double blow when state Attorney General Ken Paxton delivered a nonbinding legal opinion that gender-affirming care for children was child abuse — followed by a directive from Gov. We acted quickly as a family, breaking the news of our pending out-of-state move to Noah over an unforgettably sad dinner. Despite it all, Texas is where our hearts reside, no matter how many miles might separate us and how directly damaging Republican rhetoric has been.

Family and friends of three college football players, gunned down at the University of Virginia, called their slayings "heartbreaking and tragic." This is my firstborn child,” he said, adding that his son who could “light up a room just with a smile” was focused on school, football and his family. Their family, from Charleston, South Carolina, was heading to the UVA campus Monday. “It is heartbreaking and tragic that Devin’s young life was cut short by violence," Wisconsin Athletic Director Chris McIntosh said in a statement. Chandler still had plenty of friends in Madison and Sunday's fatal shooting will be felt throughout the program, Wisconsin officials said.

☆ Two Florida medical boards advance ban on gender-affirming care for minors
▼ + stars: | 2022-11-04 | by ( Zachary Schermele | ) www.nbcnews.com time to read: +4 min

Florida’s state medical boards voted Friday afternoon to approve the language of a first-of-its-kind rule banning gender-affirming care for transgender minors who don’t already receive it. The rule updates the medical standards of practice in the state to mostly prohibit health care professionals from starting treatment for gender dysphoria in those younger than 18. Gender dysphoria refers the stress and discomfort some experience when their gender identity doesn’t match their sex assigned at birth. The measure bans the prescription of puberty blockers or hormone therapy to new patients who are minors, and it forbids gender-affirming surgeries. In a statement Friday, Equality Florida said once the rule goes into effect, it will be the only ban in the country of gender-affirming care for minors instituted by a state medical board.

☆ This 25-year-old actor converted an ambulance into a home-on-wheels with $15,000 and now lives in NYC rent free — see inside
▼ + stars: | 2022-11-03 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

25-year-old actor Eli Young lives full-time in an ambulance he renovated with $15,000. See inside the converted ambulance complete with a fold-out bed, shower, kitchen, and workspace. "I was really, really fed up." Without the burden of rent, Young says he now has the freedom to pursue acting gigs around the country. "I feel very lucky because I just don't see myself packing up everything and paying rent in New York."

Hours later, 30-year-old Jung Joo-hee was among 156 people, most of them in their teens and twenties, killed in the South Korean capital while celebrating Halloween free of COVID restrictions for the first time in three years. Mum and dad will come see you," Jung Hae-moon said as the family stood by, together with his daughter's pet poodle. It was impossible, I couldn't believe it," Lim's father said at a funeral home as he and his family observed funeral rites. "She was so creative and pretty," the man said, adding that he had often strolled with his daughter through Itaewon. They wonder why their children were celebrating Halloween in the first place, a totally foreign concept for older Koreans.

☆ Michigan librarian dedicated to 41-year-old Halloween cold case
▼ + stars: | 2022-10-30 | by ( Sarah Portney | ) www.nbcnews.com time to read: +12 min

On October 31, 1981, 11-year-old Karl Heikell told his parents he was going out for a walk in his town of Calumet, Michigan. “And sure enough, I found newspaper clippings about Karl Heikell going missing.”The young librarian was eager to learn more about this local mystery. Cleary told Dateline. “It's a shame that so many people have Billy in their heads as this” kind of person, he told Dateline. Detective Cleary told Dateline that after Billy’s suicide, police looked into his possible involvement in the case.

☆ Biden Forgets How Student-Loan Forgiveness Happened
▼ + stars: | 2022-10-24 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

President Biden’s unscripted public appearances aren’t that frequent, but when they occur they are often an adventure. Take his entirely fanciful comment in an interview released this weekend about his $426 billion student loan forgiveness plan. The President sat down with some young liberal activists from NowThis News who asked him a question about student loans. While explaining the details about the forgiveness, Mr. Biden claimed that “It’s passed. I got it passed by a vote or two.”

☆ Apple iPhone maker Foxconn says it wants to make cars for Tesla as it ramps up EV push
▼ + stars: | 2022-10-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Young Liu, chairman of Foxconn Technology Group, speaks in front of a Model C electric vehicle during an event in Taipei, Taiwan, on Tuesday, Oct. 18, 2022. Liu said he hopes one day that Foxconn can make cars for Tesla. Foxconn , the biggest assembler of Apple's iPhones, wants to one day build cars for Tesla , the company's CEO said, as it pushes further into electric vehicle manufacturing. Hon Hai Technology Group, Foxconn's official name, launched two electric vehicle prototypes on Tuesday — the Model V pickup truck and Model B sports crossover hatchback. "I hope one day we can do Tesla cars for Tesla," Liu said.

☆ Lin-Manuel Miranda's first songbook is out, from 'In the Heights' to 'Hamilton' and 'Encanto'
▼ + stars: | 2022-10-18 | by ( ) www.nbcnews.com time to read: +11 min

So even for Grammy, Emmy, Tony and Pulitzer winner Lin-Manuel Miranda, his first songbook, containing 27 songs from “Hamilton,” “Encanto,” “In the Heights” and more, was a big deal. At the event, his nephew Alejandro performed “Dos Oruguitas” (from “Encanto”) on the piano, and was joined by his own teacher for “You’ll Be Back” (from “Hamilton”). You grew up with musical theater and piano lessons — how does it feel to have your own songbook? And it really was a teacher who brought me out of just writing songs about girls in the back of the classroom. That’s a really fun thing about the whole process: When you’re there early enough, your songs can really be a part of a give-and-take.

☆ Kevin Spacey denies Anthony Rapp's allegation and testifies about 'terrifying' upbringing as the son of a 'neo-Nazi'
▼ + stars: | 2022-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Daniel Arkin | ) www.nbcnews.com time to read: +5 min

In a significant development Monday, the judge overseeing the trial tossed out Rapp's claim for intentional infliction of emotional distress. Judge Lewis A. Kaplan said that claim "repeats and re-alleges" Rapp's allegation of battery. The actor testified that he "certainly had a degree of shame" about being gay because he grew up with his father's hateful views. Spacey is expected to rebut Rapp's allegation of sexual misconduct on Monday afternoon following a roughly hour-long lunch break. Rapp testified that Spacey invited him to a party at his apartment.

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