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Google to Produce Fewer Than 1 Million Pixel 5 Phones, Report Says

By Laura Mandaro
· · Source: Nikkei Asia

After failing to sell as many of its Pixel smartphones as it made last year, Google will produce fewer than 1 million of its new Pixel 5 smartphones, reported Nikkei Asia , which cited unnamed sources. Google on Wednesday introduced two 5G capable phones, the Pixel 5 ($699) and the Pixel 4a ($499). The report said production could be as low as 800,000 units for the higher end flagship device,...

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How Tesla is Winning From the U.S.-China Trade War
By Juro Osawa · Oct. 19, 2020 6:02 AM PDT
How Tesla is Winning From the U.S.-China Trade War

On Nov. 1 last year, Tesla invited executives from dozens of China-based automotive parts suppliers to the carmaker’s new Shanghai factory, where its first made-in-China Model 3 sedans were about to roll out. At the event, Roshan Thomas, Tesla’s senior executive in charge of managing suppliers, gave a speech explaining that Tesla needed to continually push down the price of its ...

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SPAC Pioneer Is Vindicated by Boom, Even as Bigger Banks Take Over Market
Markets
SPAC Pioneer Is Vindicated by Boom, Even as Bigger Banks Take Over Market
By Ross Matican
David Nussbaum has been waiting for this moment for 30 years. The 66-year-old banker helped pioneer the concept of special purpose acquisition companies—cashed-up, empty corporate shells looking for businesses to buy—in the early 1990s.
New Amazon Data: Retailer Wins Sales While Losing to Merchants on Listings
Data Point Policy E-commerce
New Amazon Data: Retailer Wins Sales While Losing to Merchants on Listings
By Paris Martineau
Just 1% of the vacuum cleaners, immersion blenders and other household products listed on Amazon last year were sold by the retailer, with the rest coming from other merchants who use its platform.
SoftBank Feeds SPAC Frenzy: The Information’s Tech Briefing
The Briefing
SoftBank Feeds SPAC Frenzy: The Information’s Tech Briefing
By The Information Staff
Raise your hand if you’re not doing a SPAC. It often feels like the list of people who aren’t involved with a special purpose acquisition company—a cashed-up public company looking for a business to buy—is shorter than the list of people who are involved in one.
New Data Show Reality Behind Self-Driving Truck Startup’s Funding
Exclusive Venture Capital Startups
New Data Show Reality Behind Self-Driving Truck Startup’s Funding
By Yunan Zhang and Amir Efrati
TuSimple, a prominent developer of self-driving semitrailer trucks that is worth more than $1 billion on paper, said last fall it had secured funding of $215 million from investors.
Censorship Drama Engulfs Facebook, Twitter: The Information’s Tech Briefing
The Briefing
Censorship Drama Engulfs Facebook, Twitter: The Information’s Tech Briefing
By The Information Staff
There’s no question that Facebook and Twitter face an extremely difficult task in trying to keep misinformation from polluting their networks, particularly now, in the weeks before the election.
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