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Apple Asia

Will Apple Have to Cut WeChat From iPhones in China?

Analysts are speculating that Apple may have to cut WeChat from iPhones sold in China to comply with U.S. President Trump’s ban of the Chinese social network. According to the South China Morning Post, the closely followed Apple analyst Ming-Chi Kuo of TF International Securities speculated that Apple shipments in China could fall by 25% to 30% this year if Apple bans WeChat from its app store. ...

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The Investors Who Face Big Losses From the Quibi Collapse
The Investors Who Face Big Losses From the Quibi Collapse

On Wednesday, video startup Quibi told its investors that it will shut down, a dramatic collapse of a digital media startup that launched just six months ago. Now those investors—from Quibi CEO Meg Whitman to Google, Facebook and J.P. Morgan—are facing losses and figuring out what they may recoup from the flop.

Quibi revealed to investors Wednesday afternoon that, after paying ...

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