Cadillac will unveil its first all-electric vehicle in April

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Protect yourself from coronavirus with a mask that looks like your face - CNET

The Face ID-compatible mask is supposed to be so accurate you can unlock your phone with it.

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The new Kia Seltos looks great and feels fine - Roadshow

This small utility vehicle is handsome and pampers passengers with an unexpectedly premium interior.

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Harrison Ford has no idea what a Star Wars 'Force ghost' is and he 'doesn't care' - CNET

Harrison Ford is pure magic and I hope he never changes.

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Uber Whistleblower Takes On Silicon Valley, Armed With Stoic Philosophy

In 2017, Susan Fowler published a blog post that revealed Uber's misogynistic corporate culture — and helped change the world. In her memoir, she urges readers not to see her as a victim.

(Image credit: Eric Risberg/AP)

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Now 'League of Legends' star Faker is a part-owner of his esports team

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What's on TV this week: 'Star Wars: The Clone Wars'

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Warren Buffett sold off $800 million worth of Apple stock last quarter

You know what's cool? A billion dollars.

What you need to know

• Warren Buffett has sold $800 million in Apple stock.
• The sale of the stock happened over the course of Q1 2020.
• Berkshire Hathaway continues to hold the largest share of Apple stock in the world.

Warren Buffett, billionaire investor and CEO of real estate company Berkshire Hathway, has sold over $800 million dollars worth of Apple stock over the last quarter, according to SEC filings published last Friday. Depending on when Berkshire Hathaway sold the 3.7 million shares of Apple stock over the last quarter, it earned the company anywhere between $806 million and $1.1 billion.

According to Business Insider, the transaction may appear to be a massive sell-off but is, in perspective, a small portion of the real estate mogul's portfolio with Apple. Berkshire Hathway continues to be the largest shareholder of Apple with a 5.4% stake in the company that is currently worth about $72 billion dollars.

The exact reason for the sale is currently unknown, but it is speculated that the company sold that shares to account for some of Berkshire's other investments last quarter, particularly their new investments in Kroger and Biogen.

Another potential reason is that Berkshire is trying to diversify its portfolio while Apple's shares are surging. The company's stock grew 85% in the last year to $325 a share, and Apple alone currently accounts for 30% of Berkshire's holdings.

Warren Buffett has been a longtime investor in Apple, so the latest sale shouldn't alarm anyone about his opinion as far as Apple goes as an investor. He continues to hold the largest position in the company and will most likely continue to do so for the foreseeable future.

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Watch a Boston Dynamics robot dog pull a rickshaw - CNET

Victorian transportation meets high-tech robotics thanks to former MythBusters host Adam Savage.

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'Assassin's Creed: Syndicate' will be free on Epic's game store this week

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Mysterious, looping space signal could be aliens, says Harvard scientist - CNET

Astronomers detected powerful radio signals from across the cosmos in a weird pattern. A Harvard professor says E.T. is on the table of possible explanations.

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Vocus scores AU$15.7m BoM contract utilising NBN business satellite services

Telco uses a combination of its own fibre and NBN business satellite to serve much of the Australian Bureau of Meteorology footprint.

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Committee leaves door open for expanding broadband tax to mobiles in future

If NBN uptake is lower than expected, a statutory review could look at expanding the broadband tax to mobile services.

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Kogan ends H1 with nearly 1.7m customers and AU$9m in profit

The company went live with its Kogan Super, Kogan Mobile NZ, Kogan Credit Cards, and Kogan Energy brands during the six-month period.

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Reckon's FY19 profit gets a boost from cloud and mobile products

It comes as the company stabilises following the aborted sale of its practice management accountant group business.

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Google pulls alleged UAE spying app ToTok from the Play Store, again

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You can make your own rotary cellphone

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Apple to miss Q2 guidance as coronavirus hits iPhone supply and Chinese sales

Worldwide supply of iPhones is constrained after China extended its Lunar New Year break.

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Tim Cook explains Apple's "slower return to normal" in leaked memo to staff

Tim Cook addresses the coronavirus to Apple employees in leaked memo.

What you need to know

• Bloomberg has leaked an internal memo from Tim Cook to Apple staff.
• The memo reveals that the coronavirus has caused a "slower return to normal" than anticipated.
• Cook expresses that its effect is only temporary and thanks everyone for their work.

Earlier today, Apple released a statement to its investors that the company will miss its Q2 earnings guidance due to the impact of the coronavirus across its supply chain. Now, Bloomberg has obtained an internal memo that CEO Tim Cook sent to employees earlier today that also sheds some light on the effect that the virus has had on the company.

In the memo, Cook expressed his appreciation to everyone at Apple for their work in addressing the matter, and also mentioned that the company will be doubling its monetary efforts in fighting against the virus.

He also confirmed that "corporate offices and contact centers have reopened across China", and that the company's retail stores are also beginning to reopen to the public, but that Apple is experiencing a "slower return to normal conditions" than the company had anticipated.

Cook goes on to assure employees that this impact is only temporary and that "Apple is fundamentally strong". He closes by stressing that the company's first priority remains "the health and safety of our employees, supply chain partners, customers, and the communities in which we operate".

The entire leaked memo is below.

Team,

The response to COVID-19 has touched the lives of so many in the Apple family, and I want to thank everyone for their dedication, empathy, understanding, and care. Today, we more than doubled our donation to support the historic and global health response.

Our paramount concern is with the people who make up Apple's community of employees, partners, customers, and suppliers in China. I also want to recognize the many people across our teams who have been working around the clock to manage Apple's global COVID-19 response with diligence and thoughtfulness.

Corporate offices and contact centers have reopened across China, and our stores are starting to reopen, but we are experiencing a slower return to normal conditions than we had anticipated. This afternoon, I shared this update with our community of shareholders and investors to note that we do not expect to meet the revenue guidance we provided for the March quarter. Outside of China, customer demand across our product and service categories has been strong to date and in line with our expectations. Apple is fundamentally strong, and this disruption to our business is only temporary.

Our first priority - now and always - is the health and safety of our employees, supply chain partners, customers, and the communities in which we operate. Our profound gratitude is with those on the front lines of confronting this public health emergency.

Tim

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The Urbanears Pampas are style-forward Bluetooth headphones that can be yours for $121 - CNET

These trendy cans have solid bass, a port to share music with a friend and have hit their lowest price ever.

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2020 Porsche 718 Boxster GTS goes flat-six again - Roadshow

The Boxster GTS ditches its turbo-four engine for free-breathing, flat-six power.

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Voodoo Games thrives by upending conventional product design

Will Robbins Contributor

Will Robbins is an early-stage investor at Contrary.

Voodoo Games is one of the most interesting startups alive today. In mid-2018, it had 150 million MAUs and raised $200 million from Goldman Sachs, yet I’ve never heard anyone mention the company. That might be normal for an obscure enterprise SaaS play, but Voodoo is consumer-facing through and through.

Quantitative success aside, Voodoo upends much of the conventional thinking about product design and gaming. If it can do it, how can similar strategies apply to other products?

But first, some background: What is Voodoo Games?

Voodoo is best described as a product conglomerate. Take a look at its App Store page. It has dozens of generic-looking apps. The basic playbook is:

• Quickly build a relatively low-quality, single-purpose game.
• Make sure one mechanic is really fun. It doesn’t matter if users churn 20 minutes after downloading it.
  
  
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Apple announces that it will miss Q2 forecasted revenue due to the coronavirus

Apple on Monday announced that it will miss its forecasted revenue guidance for the second fiscal quarter of 2020 due to the coronavirus epidemic. The company had projected revenue for the quarter between $63 and $67 billion, and gross margin between 38 and 39 percent.

In a released statement, Apple stated that it is, “experiencing a slower return to normal conditions than we had anticipated. As a result, we do not expect to meet the revenue guidance we provided for the March quarter due to two main factors.”

To read this article in full, please click here

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