CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, CNBC.com Apple reporter Kif Leswing breaks down the tech giant’s big iPhone 12 reveal, including the implications for the 5G network. Plus, CNBC.com’s Melissa Repko dives into Amazon’s Prime Day event this year, and explains how competitors like Target and Walmart are better positioned than ever to eat (some of) Amazon’s lunch.
Here’s everything Apple just announced at its iPhone 12 event
Apple just wrapped up its big iPhone 12 event, where it announced four new iPhone 12 models, all of which support new faster 5G networks.
It also announced a new smart home speaker, called the HomePod Mini, and some fun accessories for the new iPhones that use magnets to attach to them.
Big-box retailers like Walmart, Target try to beat Amazon on speed by focusing on curbside pickup
Slack Technologies, Inc. (NYSE: WORK) today announced that H-E-B, one of the largest privately owned retailers in the U.S., provisioned more than 100,000 Partners (employees), from manufacturing plants and warehouses to stores and order selectors, with Slack.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201006005465/en/
H-E-B is connecting its dispersed workforce across 400 stores via Slack. One of the company’s largest channels, #heb-tribute, has approximately 119,000 members actively posting everything from kudos on a retirement and thank-yous to truck drivers to beautiful store merchandising images and community service events. Note: The H-E-B employee names represented in the photos have been anonymized for privacy reasons. (Graphic: Business Wire)
“Slack helps us solve an issue that many retailers face: how to securely reach and connect to dispersed employees who don’t have access to traditional workplace communication tools,” said Gavin Gallagher, CIO of H-E-B. “With Slack, we can quickly communicate
Apple suffered a sweeping services outage on Tuesday night, with major platforms like the App Store, Apple Music, Apple Arcade, iCloud and others rendered inaccessible for several hours.
Trouble started at around 8 p.m. Eastern, according to Apple’s System Status webpage. As of this writing, some 25 services have been down for nearly two hours.
“Users are experiencing a problem with the App Store. We are investigating and will update the status as more information becomes available,” Apple said.
Currently, the App Store, Apple Arcade, Apple Books, Apple Business Manager, Apple Music, Apple School Manager, Apple TV+, Apple TV Channels, Apple Care in iOS, Find My, Game Center, iCloud Account and Sign-In, iCloud backup, iCloud Calendar, iCloud Contacts, iCloud Mail, iCloud.com, iTunes U, iWork for iCloud, the Mac App Store, News, Photos, Radio and Schoolwork are down. Apple resolved issues with Apple Card and Apple Cash, though the two
Micron Technology(NASDAQ: MU) shares were taking a hit late Tuesday afternoon, following the company’s release of its fourth quarter of fiscal 2020 results after market hours.
For the quarter, the computer and mobile device memory maker actually posted encouraging fundamentals. Revenue for the period came in at $6.06 billion, a sturdy 24% higher than the same period in 2019. Non-GAAP (adjusted) net profit nearly doubled, to just under $1.23 billion ($1.08) from the year-ago result of $637 million.
Both results comfortably topped analyst estimates. Collectively, prognosticators tracking the stock were modeling $5.89 billion on the top line, and an adjusted per-share net profit of $0.98.
Image source: Getty Images.
However, Micron’s guidance fell short of expectations. The company is estimating that for first quarter 2021, it will book revenue of $5.0 billion to $5.4 billion, and adjusted net earnings of $0.40 to $0.54 per share. While the former range
A company spokesman confirmed the outages, which also impacted Exchange Online and OneDrive. He didn’t have any information on the causes.
Problems with some of the services were reported earlier on Monday by Downdetector, which aggregates user reports of issues. That suggests the outages had lasted a number of hours before being taken up by Microsoft’s recovery team, though they have
Marine biologists are astonished after a Cuvier’s beaked whale held its breath for nearly four hours during a deep dive. The unexpected observation shows there’s much to learn about these medium-sized whales.
Scientists from Duke University and the Cascadia Research Collective recorded the unbelievable dive during field observations off the coast of Cape Hatteras, North Carolina, in 2017. In the first of two epic dives, the Cuvier beaked whale, wearing tag ZcTag066, stayed underwater for nearly three hours. A week later, the whale outdid itself, holding its breath for a bewildering three hours and 42 minutes.
“We didn’t believe it at first, because these are mammals after all, and any mammal spending that long underwater just seemed incredible,” Nicola Quick, the lead author of the new study and a biologist at Duke University, said