| From the Editor's Desk
iPhones are made in hell: 3 months inside Chinas iPhone city Chinese factory laborers call jobs like Hunter’s “working the screws.” Until recently, the 34-year-old worked on the iPhone 14 Pro assembly line at a Foxconn factory in the central Chinese city of Zhengzhou. His task was to pick up an iPhone’s rear cover and a tiny cable that charges the battery, scan their QR codes, peel off adhesive tape backing, and join the two parts by tightening two screws. He’d then put the unfinished phone onto a conveyor belt that carried it to the next station.
Hunter had to complete this task once every minute. During a normal 10-hour shift, his target was to attach 600 cables to 600 cases, using 1,200 screws. Every day, 600 more unassembled iPhones awaited him.
Continued here
TradeBriefs: Newsletters for Decision-Makers!
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.
Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. |
WorkU.S. diesel prices drop as Europe's ban on Russian imports beginsU.S. diesel prices have dropped this month and could go lower, analysts said, an unexpected swoon that coincided with the start of a British and European Union ban on Russian fuel imports.
WorkViktoria Nasyrova: Woman guilty of lookalike cheesecake poisoning plotThe Russian-born New Yorker planned to murder her victim and steal her identity, jury finds.
� � | | � Work
WorkRussia Fires Major Missile Barrage at Ukraine as Combat IntensifiesLast summer, Ukraine abandoned the cities of Sievierodonetsk and Lysychansk in the face of a grinding Russian onslaught, rather than risk encirclement of its forces. But Mr. Zelensky said recently that there would be no such retreat from Bakhmut. � | | WorkCrackdown on âbirth tourismâ as pregnant Russians flock to ArgentinaBy Friday afternoon, two of the Russian women remained inside Buenos Aires airport, unable to pass through immigration control. "They are not under arrest," said a spokesperson for the immigration authorities, adding that negotiations were under way to send them back to their point of departure - an effort complicated by the fact the women arrived unaccompanied, with little money, without return tickets and more than 30 weeks pregnant.
WorkMarina Ovsyannikova says she still fears for her life after âchaoticâ escape to France"The problem is that all of Russia is in an information bubble of orchestrated propaganda," she said. "There are no independent media. To have accurate information, you need a VPN on your mobile phone, and that's the only way to access real information."
WorkRussia-Ukraine war at a glance: what we know on day 352 of the invasionZelenskiy claimed that several European Union leaders said they were ready to provide Kyiv with aircraft, but gave no further details about the pledges. There was no immediate confirmation from any European countries. “Europe will be with us until our victory. I’ve heard it from a number of European leaders … about the readiness to give us the necessary weapons and support, including the aircraft,” he told a news conference on Thursday. “I have a number of bilaterals now, we are going to raise the issue of the fighter jets and other aircraft.”
WorkMoldovan PM resigns blaming âcrises caused by Russian aggressionâEU leaders accepted Moldova as a membership candidate last year in a diplomatic triumph for Sandu. Russia, however, has troops in Moldova's breakaway region of Transdniestria and opposes any move to join the 27-nation bloc. � | | WorkUS announces 180-day exemption to Syria sanctions for disaster aid“Sanctions is a complete side point, virtually irrelevant in terms of the flow of humanitarian assistance,” he said. “A lot of the complaints that we’re hearing around sanctions at the moment are just so, kind of, hypocritical, especially when they’re coming from supporters of the regime or from the Russians.”
WorkUkraine war turns Russia into a nation of gold bugs We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used. � | | WorkUkraine pleads for ammunition 'immediately' as Russia steps up attack We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Work5 Ways to Distinguish Bad AdviceWhenever we start out with new prospects, its only natural that we go out seeking advice from successful individuals in our field. Sometimes that means reading articles (such as these), and sometimes that means going to networking events and talking to people about how they started out or gained success. Advice can be formative for [] � | | WorkWork � | | WorkWork � | | WorkWorkWorkWorkUK avoids recession but 'not out of woods' over inflationLONDON: Britain's economy has narrowly avoided recession, official data showed on Friday (Feb 10), but finance minister Jeremy Hunt warned it was "not out of the woods yet" over surging inflation. Gross domestic product registered zero growth in the final quarter of last year, in line with expectations aft WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkBrazil pushes illegal miners out of Indigenous territoryBrazilian authorities have launched an operation to reclaim Yanomami Indigenous territory from thousands of illegal gold miners who have contaminated rivers and brought famine and disease to one of the most isolated populations of the world. WorkWorkTexas Attorney General Agrees to Give $3.3 Million and an Apology to His Former AidesThe criminal case against Mr. Paxton has languished for more than seven years amid jurisdictional disputes and other legal maneuvers. The charges stem in part from accusations that in 2011, Mr. Paxton, then a member of the State House, had encouraged investors to put more than $600,000 into a company, while failing to tell them he was making a commission on their investment. WorkMourning Compassionate Conservatism Along With Its AuthorThe challenge, according to Mr. Bridgeland, is that while great change in America has historically come from the bottom up, it still takes government to bring it to scale. But the days of interest in that on Capitol Hill, he said, seem long past. WorkWorkWhat happens when the covid emergency declaration ends?One of the policies enacted contingently with the emergency required states to renew monthly Medicaid enrollment for anyone who benefited from coverage at the start of the pandemic, and for the duration of it. This mandate worked irrespective of state laws on eligibility, and the federal government gave states funding to continue the coverage. This provision is scheduled to end before the emergency, on Mar. 31. Some states will begin taking people off their Medicaid rolls as soon as April—leaving an estimated five to 14 million Americans without insurance. WorkSheBelieves Cup 2023: When is it, how to watch USWNT, moreThe campaign worked, and the hashtag became synonymous with the USWNT on social media for a while (these days fans simply stick to #USWNT). When U.S. Soccer announced they would launch the SheBelieves Cup in 2016, they said it was to continue the mission of the #SheBelieves initiative. As a press release at the time said: \"The SheBelieves Cup is a showcase event for the campaign, which will continue to spread its positive message to young women and girls.\" WorkIf US workers want to switch jobs, they'd better do it nowTo a certain extent, the labor market is likely cooling on its own because even a shortage of workers isn’t overcoming the historic imbalance between employers and employees in the US. The volume of income that workers take home as a proportion of what the US economy produces is still falling. WorkWorkAstronaut Sen. Kelly touts 'stunning' space business growth, calls for more rocket competition\"The commercial space sector is critical. It\'s critical to the future of the U.S. economy, and it\'s critical to our leadership abroad. Without the commercial space sector, we wouldn\'t be able to get our national security assets into orbit. Without it, entire sectors of the American economy, from telecom to global shipping and navigation, would not be globally competitive,\" Kelly added. WorkWorkLyft stock is getting punished, down more than 35% after weak guidance\"Our positive thesis on Lyft had been based on post-pandemic recovery combined with an accelerated shift to profit through cost rationalization. However, rideshare is now approaching full recovery in the US, but Lyft is not,\" JPMorgan\'s Doug Anmuth said. It was hit with several downgrades from JPMorgan, KeyBanc, Loop Capital and Truist, WorkWorkOpinion | Dont Buy Bidens Buy American“In postindustrial societies where mass production and media predominate, life is presented as an immense accumulation of spectacles. Everything that was directly experienced has been replaced with its representation in the form of images.” WorkBiden and Lula Swap Insurrection Stories and Vow to Guard DemocracyMr. Bolsonaro has been in Florida since Dec. 30 while facing investigations in Brazil for his actions as president, inquiries that he calls politically motivated. The situation could get tricky if Brazilian authorities bring charges against him while he is on U.S. territory, although it seems unlikely American officials would be interested in protecting him. U.S. officials said they would handle any request through appropriate processes. WorkWorkWorkFrom shipping container to table: Adapt brings urban mushroom farms to USThe whole process allows the startup to stay vertically integrated, and thus save money on materials like substrate, which Adapt makes itself out of whatever is locally available. Adapt’s control over each farm also lets the company keep tabs on well-fruiting mushroom strains and propagate more of them, delivering even healthier margins to the company and a high-quality product that’s cheaper than what you’d get at the farmer’s market, said Murray. WorkRyse Aeros one-person eVTOL is like a flying ATVRyse must not be too worried about it, since the company is building out a production facility and aims to produce 10 vehicles per month throughout 2023, with deliveries beginning at the end of the year. The company has raised $5.5 million and hopes to raise another $25 million for its Series B round to help it ramp up production to 100 units per month by next year and into 2025. WorkWorkCan your startup survive the economic downturn?But there are perhaps more important questions: How crucial or unique is your product — what makes it stand out? And will you survive the cut? We talked to several early-stage investors about the kinds of startups that are in good shape in spite of the downturn and which ones could be in for a rough ride in 2023. WorkWait a secondaryEquity drops at 10:00 a.m. PT every Monday and at 7:00 a.m. PT on Wednesdays and Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together and more! WorkWorkHow to think about your business model as part of a VC pitchIn theory, your “business model” could include every aspect of the business; the Business Model Canvas is one way to explore that, and you could easily spend an hour just talking about the whole end-to-end business model. For the purposes of a funding pitch, however, it’s likely you only need a few crucial elements: WorkTaiwan fines car renting giant iRent for customer data spillFollowing the incident, Taiwan’s vice premier Cheng Wen-tsan said that the fine against iRent was “too light,” and that the government planned to propose a law amendment aimed at increasing fines by ten-fold for private companies found to have spilled people’s personal information. WorkWorkCould a digital pound pay off for consumers? We usecookiesand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|