A solution to prevent supply chain woes? — According to reports from TechCrunch and Bloomberg, Apple has started manufacturing the iPhone 14 in India. Here are some key points: Apple has manufactured iPhone series in India since 2017. This is the first time Apple has moved some production from China to India in a short amount of time…

According to KPMG’s Pulse of Fintech H1'22, investments in fintech companies dropped by more than 50 per cent… — On September 8, KPMG released its Pulse of Fintech H1'22 Global report. Let’s just say the data for Canada isn’t too rosy. Here are a few highlights: Investment in the Canadian fintech space totaled US$810million (US$426.6 million in Q1 and US$382.4 million in Q2), down from US$1.9 billion in the…

On September 5, CVS announced it has agreed to buy the home health company for nearly $8 billion — On September 5, American healthcare giant CVS Health announced it has agreed to purchase Signify Health for nearly $8 billion. Here are seven important things to know about the acquisition: 1/ Signify Health is a company providing home health services with “2.5 million unique members”. Its overall network comprises “more…

Is this part of a bigger trend? — As per a new Counterpoint Research report (which the Financial Times got a hold of), more U.S.-based smartphone users are using iPhones over Android phones for the first time ever. This feat includes quarterly smartphone shipments and the “active installed base”; which takes into account users who purchased used iPhones…

The world’s first passenger train to run on a hydrogen fuel cell generating electrical energy for propulsion, begins service in Germany — Alstom’s hydrogen, “CO2-emission-free” trains are now in service just four years after the start of trial operations. The Coradia iLint, the world’s first passenger train to run on a hydrogen fuel cell generating electrical energy for propulsion, has begun service in Lower Saxony (Germany).

As per a new report, streaming viewership surpassed cable TV for the first time ever in July — Cord cutters rejoice: a new Nielsen report suggests U.S. streaming viewership surpassed cable TV for the first time last July… This comes after four consecutive months of viewership highs. While streaming viewership in a given month has exceeded broadcast viewing in the past, this is the first time ever it…

The news platform known for its minimalism is set to be acquired by Cox Enterprises for $525 million — Axios announced on August 8 is being acquired by Cox Enterprises for $525 million. That sure is impressive for a young digital media company founded in 2016… As part of the deal (which is expected to close in the fall), Axios co-founders Jim VandeHei, Mike Allen and Roy Schwartz “will…

Robot vacuum cleaners could make sense as part of the Big Tech firm’s product offering — Today, Amazon announced it has agreed to purchase iRobot, the maker of the iconic line of robot vacuum cleaners Roomba. The Big Tech company will acquire iRobot for $61 per share in an all-cash transaction valued at roughly $1.7 billion (including iRobot’s net debt). As usual, the deal is subject…