New details have emerged following the initial announcement — Following the initial June 6 announcement of Apple entering the U.S. “Buy Now Pay Later” (BNPL) industry, new details have emerged. Here are some key points (sources: TechCrunch, WSJ, iMore): Apple formed a fully owned yet separate subsidiary called Apple Financing LLC which will assess and issue credit in compliance…

The Big Tech company wants to compete with Klarna and other major players — On June 6 at the annual Worldwide Developers Conference (WWDC), Apple announced it is entering the US “Buy Now Pay Later” market (commonly referred to as BNPL). According to the Q4 2021 BNPL Survey, BNPL payments in the United States could reach $82 billion in 2022. And of course… the…

Abbott announced its FreeStyle Libre 3 system is now FDA approved for diabetics ages 4 and up — On May 31, healthcare giant Abbott announced its FreeStyle Libre 3 system is now “cleared by the U.S. Food and Drug Administration for people ages 4 and up in the U.S. living with diabetes.” The continuous glucose monitor (CGM) system features a tiny sensor (see the header image) and this…

There are some surprises… — On May 19, market research firm Canalys shared its Q1 2022 smartphone shipments report for North America. Here are some key points: Shipments totaled 39.0 million units (up 3.7% year on year). Apple grew 19% and reached a 51% market share (in part due to the strong sales of the…

Apple is discontinuing its iconic device after 21 years — Apple today announced it will stop producing iPods. Of course, this was imminent. With smartphones being omnipotent these days, who needs an MP3 player? When the first iPod came around in 2001, the B2C electronics market was very different from what it is today. Most devices focused on one or…

They will have two years to replace those with local hardware — Just another day in the global trade war… As per a Bloomberg report, Chinese central government agencies as well as other state-owned organizations will have two years to replace foreign PCs and laptops with domestic hardware. This directive (conveniently) excludes microprocessors. In recent years, the Chinese government has not been…

Paramount may not be super flashy but it is experiencing steady growth in the streaming space — There’s been a lot of news coverage of Netflix lately hence we might forget other companies in the streaming space. Paramount Global (formerly known as ViacomCBS) is an underrated player. Its flagship paid streaming service is Paramount+ which offers a vast content library for all age groups. As per a…