Hi John, Apple spends just US$443 (A$610) on the components for its iPhone XS Max (256GB) and sells it for US$1249 (A$1721) in the United States, according to a teardown by the Canadian firm TechInsights.
The open letter to US Attorney General Jeff Sessions from ITIF published in USA Today on 25 September exemplified the lie that permeates America and other parts of the West. The social media censorship debate is not about right versus left as portrayed in the letter but something else entirely. Google's admission that it will revert automatic logins and retention of cookies in its Chrome browser is par for the course, and a replay of an old game that we have seen umpteen times from the company. Fast growing PayPal competitor Stripe has announced a $245 million round of new funding, valuing the e-payments company at $20 billion, and has concurrently announced a new global engineering hub in Singapore. After processing payments in Australia for the better part of the year, British fintech firm GoCardless has opened an office in Melbourne, aiming to offer local businesses what it claims is a better way to collect recurring payments. Ericsson and Telstra are trumpeting a technology breakthrough with the successful deployment and testing of Narrowband Internet of Things (NB-IoT) data connections up to 100km from a base-station in Telstra’s commercial network. WhatsApp co-founder Brian Acton has spoken publicly for the first time since quitting Facebook — which acquired the encrypted messaging app for US$22 billion in 2014. And of course, there's plenty more so for all the news visit www.itwire.com. Have a great day! Stan Beer, Editor in Chief, iTWire ADVERTISE IN THIS NEWSLETTER & iTWire.com Contact: andrew.matler@itwire.com 0412 390 000
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