Why Apple has chips for iPhones while Ford got caught short

Automakers and their suppliers, with "just-in-time" production lines that can more easily be spun up or changed to produce different varieties of parts, have not. Apple said Wednesday that it would lose $3 billion to $4 billion in sales in the current quarter due to limited supplies of certain older chips. https://ift.tt/3e1EFnc

Top 10 tech companies to work for in India

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Google saved over $1 billion with employees working from home, claims report

According to a report by Bloomberg, during the first quarter, Google parent company Alphabet saved $268 million in expenses “primarily as a result of COVID-19” compared to the same period a year earlier. This money is otherwise spent on promotions, travel and entertainment. https://ift.tt/2RcDpV6

Plus One Robotics, which makes computer vision software for robotics in logistics and warehouse settings, raises $33M Series B, bringing total raised to $40M+ (Brian Heater/TechCrunch)

Brian Heater / TechCrunch:
Plus One Robotics, which makes computer vision software for robotics in logistics and warehouse settings, raises $33M Series B, bringing total raised to $40M+  —  San Antonio-based Plus One Robotics today announced a $33 million Series B. The round follows an $8.3 million Series A announced …

Combined revenue of Amazon, Apple, Alphabet, Microsoft, and Facebook hit ~$1.2T this year, up 25% since March 2020, benefitting from a "perfect positive storm" (Shira Ovide/New York Times)

Shira Ovide / New York Times:
Combined revenue of Amazon, Apple, Alphabet, Microsoft, and Facebook hit ~$1.2T this year, up 25% since March 2020, benefitting from a “perfect positive storm”  —  The dictionary doesn't have enough superlatives to describe what's happening to the five biggest technology companies …

Telecom Italia looking to drop Huawei from Italy 5G network: Sources

Losing 5G work from Telecom Italia, one of Huawei's biggest clients in Europe, would be a blow to the Chinese technology giant, which has already lost some business to rivals Nokia and Ericsson. https://ift.tt/330AQs3