Daily Crunch: Apple unveils new iPhones

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1. Here’s everything Apple announced today at the iPhone 11 event
The biggest announcement was a new lineup of iPhones, including the iPhone 11, with a new dual-camera system, as well as two iPhone Pro models with three cameras each. Cameras galore!
In addition, the company announced new iPads and Apple Watches, as well as pricing and launch dates for Apple Arcade (launching September 19) and Apple TV+ (November 1).
2. California passes landmark bill that requires Uber and Lyft to treat their drivers as employees
The bill says that if a contractor’s work is part of a company’s regular business, then they must be designated as employees. And thus, these workers will get access to more protections such as minimum wage, the right to unionize and overtime.
3. Peloton plots $1.2B Nasdaq IPO
In an amended S-1 filing released Tuesday afternoon, the developer of internet-connected stationary bikes and treadmills announced a proposed price range of $26 to $29 per share, allowing the company to raise as much as $1.2 billion in its public offering.

4. Uber lays off 435 people across engineering and product teams
Speaking of Uber, the company laid off about 8% of the workforce, with 170 people leaving the product team and 265 people leaving the engineering team.
5. Mozilla launches a VPN, brings back the Firefox Test Pilot program
The Test Pilot program allows users to try out new features before they are ready for mainstream usage.
6. Aerospace Corp CEO Steve Isakowitz to talk how to raise non-dilutive capital at Disrupt SF
Aerospace Corp is not that widely known outside space circles, but its 59-year-old R&D legacy is remarkable. The nonprofit works with the U.S. Air Force and other government space programs to identify emerging technologies from the commercial sector that could apply to future space programs.
7. What the iPhone 11 says about Apple’s present — and future
Let’s wrap this up with some thoughts on what yesterday’s announcements mean for Apple’s strategy — particularly the company’s growing focus on content and services, and its new thinking on how to position the iPhone. (Extra Crunch membership required.)

Daily Crunch: Apple unveils new iPhones

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What the iPhone 11 says about Apple’s present — and future

No matter how much polish and Apple magic the company put on today’s big event, there was one unshakable truth that colored the goings-on: phones just aren’t selling like they used to. And unlike other industry-wide trends, Apple isn’t immune. The large-scale slowdown of smartphone sales has had an undeniable impact on the company’s bottom line.
Casual observers may not have noticed, but that harsh truth impacted nearly every mobile announcement onstage today at the Steve Jobs theater. Two elements in particular really stood out, however:
Content and services taking center stage.
Apple rethinking how the iPhone is positioned.

What the iPhone 11 says about Apple’s present — and future

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