#LG to stop making smartphones after years of losses

#LG to stop making smartphones after years of losses

“#LG to stop making smartphones after years of losses” Electronics giant LG plans to stop making smartphones after struggling for years to compete in a market where it was once a leading player. The South Korean conglomerate will shut down its mobile phone business and exit the “incredibly competitive” industry by July 31, it announced…

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#Apple backs independent musicians with  million investment

#Apple backs independent musicians with $50 million investment

“#Apple backs independent musicians with $50 million investment” Apple led a $50 million fundraising round for a fledgling company that helps musicians distribute and market their music while allowing them to keep their copyright, according to a report from the Wall Street Journal. UnitedMasters, which was launched four years ago with $70 million in Silicon…

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#H&M, Burberry scrubbed from internet in China over forced labor accusations

#H&M, Burberry scrubbed from internet in China over forced labor accusations

“#H&M, Burberry scrubbed from internet in China over forced labor accusations” H&M stores are virtually disappearing in China amid a rapidly exploding controversy over human rights violations in its cotton-picking region. Beijing consumers could not find locations for the fast-fashion retailer on either Apple Maps or Baidu Maps on Friday, according to Bloomberg, although stores…

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#Facebook stock surges as Zuckerberg downplays Apple privacy clampdown

#Facebook stock surges as Zuckerberg downplays Apple privacy clampdown

“#Facebook stock surges as Zuckerberg downplays Apple privacy clampdown” Facebook shares jumped Friday after Mark Zuckerberg played down the risk that the social media giant faces in an upcoming change to Apple’s privacy policies. “I’m confident that we’re gonna be able to manage through that situation,” he said in an interview on Josh Constine’s PressClub Clubhouse room….

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