Burgernomics: The Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level.
Apple Dominates App Store Search Results, Thwarting Competitors…Searches for ‘music,’ ‘audiobooks’ and other categories rank company apps first, a process some developers find unfair; Apple says algorithm doesn’t give own products an advantage…(paywall)
YouTube probably generates $16 billion to $25 billion in annual revenue, making the video service big enough to crack the top half of the Fortune 500.
SoftBank Rolls Out Second Tech Megafund, With Apple Among Top Investors…Japanese banks and Microsoft are among those that have committed to $108 billion Vision Fund 2 (paywall)
Tesla says its new self-driving chip will help make its cars autonomous
Bill Gates at Economic Club of Washington, D.C. Video
Boeing’s 737 Max Software Outsourced to $9-an-Hour Engineers
Google and Facebook Are Sucking the Brains Out of Europe…Europe is too worried about protecting old metal-bashing industries and not nearly enough about the exodus of deep-tech startups to the U.S…
Amazon introduces computer vision into warehouses (FT: paywall)
WeChat wants to own tourism…MyHelsinki is a first stab at intermediating Chinese tourism dollars
Apple’s iOS 13 update will make FaceTime eye contact way easier
According to a new report from Sensor Tower, the iOS App Store and Google Play combined brought in $39.7 billion in worldwide app revenue in the first half of 2019
Bitcoin’s energy consumption ‘equals that of Switzerland’…around seven gigawatts of electricity, equal to 0.21% of the world’s supply…That is as much power as would be generated by seven Dungeness nuclear power plants at once.
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