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Re/code Daily - Apple Gets a New COO, Moves Apple Pay Into China - Dec 18, 2015
Re/code Daily - Apple Gets a New COO, Moves Apple Pay Into China - Dec 18, 2015
Read Now
•
Apple's new second-in-command is Jeff Williams, a key executive who has overseen key recent projects, like the Apple Watch. Williams is well-liked by Wall Street and Apple insiders, who say his experience managing the company's sprawling supply chain is likely his biggest asset. Apple also said yesterday that it would be
bringing Apple Pay to China
through a partnership with Shanghai-based UnionPay.
[
Dawn Chmielewski | Re/code
]
•
Dell is planning to take its SecureWorks unit public early next year, according to SEC filings. Post-EMC merger Dell is beginning to
sound like EMC
, which is composed of a bunch of different divisions, some of which it has spun out as public companies (
like VMWare
), or currently plans to (
Pivotal
).
[
Arik Hesseldahl | Re/code
]
•
Lots of startup workers forgo making a bigger salary in order to work at promising startups, where they can receive equity that can become valuable after an IPO. But the protections often demanded by later investors can make those post-IPO payouts for workers significantly less lucrative, or perhaps worthless in some cases.
[
Sarah Frier and Adam Satariano | Bloomberg Business
]
•
Samsung's smartphone business hasn't been doing too well lately, as more competitors enter the fray and Apple continues to run away with the high-end market. One new area of major investment for the South Korean tech conglomerate, led by Samsung heir apparent Lee Jae-yong: Manufacturing drugs.
[
Jonathan Cheng and Min-Jeong Lee | The Wall Street Journal
]
•
A study says that accident rates are twice as high as for self-driving cars as they are for regular cars. This is because self-driving cars are drive really, really well and they always obey the law. The problem? Normal human drivers do not always adhere to the rules of the road, and they crash into driverless cars.
[
Keith Naughton | Bloomberg Business
]
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