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Demographics, economy and death tolls boost Biden in polls

Data give snapshot of shifting battlegrounds ahead of November’s presidential election




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Leading Philippine broadcaster ABS-CBN ordered to close

Station had carried reports critical of Duterte’s violent anti-drug crackdown




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Second homeowners accused of exploiting loophole to claim virus cash

Politicians say properties are being classed as holiday lets to be eligible for grants




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Stephanie Kelton: ‘They’re going to have massive deficits. And it’s fine’

The economist has long argued that governments should spend whatever it takes. Has her time now come?




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Venezuela faces threat of coronavirus catastrophe

Oil price collapse and crumbling health system put Latin American nation at risk




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Philip Green fashion empire crumbles

The high-street fashion empire of Philip Green is on the rocks. The UK retail tycoon has secured creditor support for a complex three-year overhaul that will involve rent reductions, store closures and a halving of the company’s pension deficit reduction payments. But will this be enough to save the business? Matthew Vincent discusses this question with Jonathan Ford and Jonathan Eley.


Contributors: Suzanne Blumsom, executive editor, Matthew Vincent, Lombard editor, Jonathan Ford, City editor, and Jonathan Eley, retail correspondent. Producer: Fiona Symon

 

See acast.com/privacy for privacy and opt-out information.




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Lockdown eases, central banks, oil, pharma and tech earnings

Start every week on the front foot with a preview of what’s on the global agenda




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Philippines: Duterte takes aim at the oligarchs

The president has turned his populist fire on big business, but is he attacking corporate greed or political opponents?




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Ain’t no virus gonna stop the crypto graph-ters

When a chart can speak 1000 words. Not all of them entirely sincere.




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WeWork’s prophet has lost his charisma

Adam Neumann transformed shared offices but failed to charm stock market investors




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ConocoPhillips takes axe to production after $1.7bn loss

US oil producer pledges to reduce output by more than a third in June




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Philippines shuts financial markets indefinitely

Country becomes first in world to halt all stock, bond and currency trading




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My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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Income-seeking investors face an uphill struggle 

Even dividends from stalwarts Shell and BP may be in doubt in the fallout from the Covid-19 crisis 




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Christopher Parkes, journalist, 1944-2019

A sharp-eyed editor and foreign correspondent who turned a killing phrase




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Philips: ventilator pitch

Strategic decisions by chief executive make the Dutch company a safe bet




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Royal Philips predicts intensive care beds must double globally 

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production




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Joseph Nye on morality in foreign policy

Gideon Rachman talks to Joseph Nye about the role of morality in shaping foreign policy




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Coronavirus: AIG chief warns virus could be industry’s largest catastrophe loss — as it happened

Spanish prime minister Pedro Sánchez says no other option remains but to maintain the state of alert

Read more




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Do phones need to fold?

As Samsung (re)unveiled its clamshell folding phone last week, I kept seeing the same question pop up amongst my social circles: why? I was wondering the same thing myself, to be honest. I’m not sure even Samsung knows; they’d win me over by the end, but only somewhat. The halfway-folded, laptop-style “Flex Mode” allows you […]




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Samsung’s Galaxy S20 Ultra is a lot of phone for a lot of money

Let’s talk about money. More specifically, let’s talk about how much things cost. A few years back, the price of flagship smartphones leapt above the $1,000 threshold, owing largely to the cost of screen technology. It’s a tough calculus, but that’s the price of innovation. The rising cost of smartphones is largely regarded as a […]




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5G devices were less than 1% of US smartphone purchases in 2019

No surprise, really, that 5G smartphone sales are on the way up. Frankly, there’s really no other way to go, according to the latest numbers from NPD’s Mobile Phone Tracking. The firm noted that 5G handsets accounted for less than 1% of total sales in the U.S. The hurdles are also what you’d expect: namely, […]




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Google said to be preparing its own chips for use in Pixel phones and Chromebooks

Google is reportedly on the verge of stepping up their hardware game in a way that follows the example set by Apple, with custom-designed silicon powering future smartphones. Axios reports that Google is readying its own in-house processors for use in future Pixel devices, including both phones and eventually Chromebooks, too. Google’s efforts around its […]




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Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory

In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the rest of the year, cutting into sales for smartphones and TVs, but increasing demand for PCs, servers and memory chips as people continue to work or study from home. Samsung’s results for the first-quarter of […]




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Randall Stephenson to step down as AT&T chief, succeeded by COO John Stankey

A big changing of the guard is underway at one of the world’s biggest and iconic names in telecoms and media: AT&T today announced that Randall Stephenson will be stepping down as the chairman and CEO of the telco, and he will be replaced by John Stankey, currently the COO. The change is effective on […]




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SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals

While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today, a startup out of Switzerland that builds hardware and operates a logistics network designed to transport one item in particular — pharmaceuticals — is announcing […]




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Daily Crunch: iPhone sales decline in Q1

Apple’s earnings show the impact of COVID-19, NVIDIA’s top scientist shares an open source ventilator design and Amazon anticipates big spending in the coming months. Here’s your Daily Crunch for May 1, 2020. 1. iPhone sales are down, ahead of uncertain times for the industry Apple device sales have taken a hit, but the company’s […]




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An already struggling smartphone market takes a big hit from COVID-19

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]




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Your iPhone will soon be able to tell 911 about your medical conditions and allergies

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]




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Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]




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Robert Shrimsley: After the coronavirus phone tracker, a few other life-saving apps

Post-lockdown, technology could help us contain Covid-19. But why stop there?




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Adobe details feature roadmap for Photoshop on the iPad, subject selection coming in 2019

Adobe has taken quite a bit of heat for its release of Photoshop on the iPad, mostly because it’s not as feature-complete as a lot of users were hoping, given that this is meant to be a full version of Photoshop on par with the desktop edition on Apple’s tablet OS for the first time. […]




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Photoshop for iPad gains ‘Select Subject’ feature

Adobe’s Photoshop on the iPad got off to a rocky start that doesn’t seem to have left fans of the desktop version very happy, but the company looks intent on incorporating user feedback and releasing meaningful feature updates on a timely basis. Like today, for instance, it’s adding “Select Subject” to the iPad version of […]




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Adobe celebrates Photoshop’s 30th anniversary with new desktop and mobile features

Adobe’s Photoshop celebrates its 30th birthday today. Over that time, the app has pretty much become synonymous with photo editing and there will surely be plenty of retrospectives. But to look ahead, Adobe also today announced a number of updates to both the desktop and mobile Photoshop experiences. The marquee feature here is probably the […]




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Apple brings its hardware microphone disconnect feature to iPads

Apple has brought its hardware microphone disconnect security feature to its latest iPads. The microphone disconnect security feature aims to make it far more difficult for hackers to use malware or a malicious app to eavesdrop on a device’s surroundings. The feature was first introduced to Macs by way of Apple’s T2 security chip last […]




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Apple said to be planning fall iPhone refresh with iPad Pro-like design

Apple is readying a new iPhone for fall to replace the iPhone 11 Pro this fall, Bloomberg reports, as well as follow-ups to the iPhone 11, a new smaller HomePod and a locator tag accessory. The top-end iPhone 11 Pro successors at least will have a new industrial design that more closely resembles the iPad […]




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Apple said to be working on modular, high-end, noise-cancelling over-ear headphones

Apple is said to be developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, Bloomberg reports, but with similar technology on board to that used in the AirPod and AirPod Pro lines. These headphones would also include a design with interchangeable parts that would allow some modification with […]




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Indian smartphone market grew by 4% in Q1, but projected to decline by 10% this year

India has emerged as one of the fastest growing smartphone markets in the last decade, reporting growth each quarter even as handset shipments slowed or declined elsewhere globally. But the world’s second largest smartphone is beginning to feel the coronavirus heat, too. The Indian smartphone market grew by a modest 4% year-over-year in the quarter […]




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Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]




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Apple introduces new $399 iPhone SE with Touch ID and 4.7″ screen

Apple has dropped a new iPhone SE on the market today. It’s a 4.7” iPhone with a physical home button, Touch ID, a single rear-facing camera and the A13 Bionic chip on board. With a $399 starting price point, the new SE is aimed squarely at new iPhone users or first-time smartphone buyers, but could […]




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WorldGaze uses smartphone cameras to help voice AIs cut to the chase

If you find voice assistants frustratingly dumb, you’re hardly alone. The much-hyped promise of AI-driven vocal convenience very quickly falls through the cracks of robotic pedantry. A smart AI that has to come back again (and sometimes again) to ask for extra input to execute your request can seem especially dumb — when, for example, […]




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Apple’s new Fraggle Rock series was shot on iPhones in its creators’ homes

There are few more messages more timely than the opening line, “Dance your cares away, worry’s for another day” (or is it “worries?”). Today the familiar Fraggle Rock bass line returns, along with the titular felt underground dwellers, as the first of a new series of mini-episodes hits Apple TV+. Apple’s streaming service will post […]




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Review: Apple’s cheap and cheerful iPhone SE

It’s admittedly difficult to have a comparative conversation about the iPhone SE. This device isn’t really in the same neighborhood as the iPhone 11, even though it’s furnished with the same plush carpeting and fluffy armchairs. The iPhone SE is a value offering. Even though I will use comparatives throughout this piece to help put […]




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A new iPhone email security bug may let hackers steal private data

Apple will patch a newly discovered iPhone vulnerability that security researchers say hackers have already used to steal data from their victims’ devices. News of the vulnerability dropped Wednesday by security firm ZecOps. Zuk Avraham, the company’s chief executive, said the firm found the bug last year during a routine investigation. At least six organizations […]




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Daily Crunch: There’s a major iPhone email security bug

Apple plans to fix an iPhone email security bug, Magic Leap cuts 1,000 staffers and Google is requiring all advertisers to identify themselves. Here’s your Daily Crunch for April 23, 2020. 1. A new iPhone email security bug may let hackers steal private data According to security firm ZecOps, the bug is in the iPhone’s […]




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The next iPhone could be delayed a month, as pandemic wears on

The latest budget iPhone arrived this month to largely positive reviews. The next flagship, on the other hand, may have to wait. The COVID-19 pandemic is having all manner of knock-on effects on the global economy, and the supply chain is certainly not immune. The Wall Street Journal this morning is reporting that the iPhone […]




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Apple will make it easier to unlock your iPhone while wearing a face mask

Face ID was a great idea — until large swathes of the world were forced to wear face masks, rendering it largely useless. Apple has apparently heard our pain. Users are reporting a subtle new feature in the latest developer version of iOS 13.5 that will make it easier to unlock your iPhone without having […]




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iPhone sales are down, ahead of uncertain times for the industry

Stop me if you’ve heard this one before: Apple device sales have taken a hit, but the company’s services are doing swell. The iPhone, the longtime cornerstone of the company’s hardware portfolio, hit $28.96 billion in revenue for Q2, down from $31.1 billion from this time last year. The iPad and Mac lines saw drops […]