Sunday, May 1, 2022

Apple's Q2 warning that supply shortages could hurt sales by up to $8B is a sign of overdependence on China for final device assembly, testing, and packaging (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Apple's Q2 warning that supply shortages could hurt sales by up to $8B is a sign of overdependence on China for final device assembly, testing, and packaging  —  Apple products are primarily assembled in China, and that's brought headaches in recent years—including supply-chain woes in its latest quarter.



The Wikimedia Foundation decides to stop accepting cryptocurrency donations following community feedback, citing Mozilla's similar move in January 2022 (CoinDesk)

CoinDesk:
The Wikimedia Foundation decides to stop accepting cryptocurrency donations following community feedback, citing Mozilla's similar move in January 2022  —  The announcement follows a vote by the Wikimedia community in which 71.2% voted in favor of a proposal to stop accepting cryptocurrency.



Cogni, a digital bank aimed at users aged 18-to-35 with plans to launch crypto and Web3-focused banking services, raises a $23M Series A (Anita Ramaswamy/TechCrunch)

Anita Ramaswamy / TechCrunch:
Cogni, a digital bank aimed at users aged 18-to-35 with plans to launch crypto and Web3-focused banking services, raises a $23M Series A  —  Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon.  The mobile-based platform, founded in 2016 …



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...