Today’s Slice of Bread for Tuesday, January 23, 2024
The demand for Apple’s Vision Pro headset is initially strong but may wane. Top Apple analyst Ming-Chi Kuo noted that shipping times for all models of the Vision Pro increased to five to seven weeks shortly after preorders opened, indicating a rapid sell-out. However, these extended shipping times remained unchanged 48 hours after preorders opened, raising concerns about the demand potentially tapering off. Based on the article, what is the current demand for Apple’s Vision Pro headset? How did the shipping times for the Vision Pro change after preorders opened, and what does this suggest about the product’s popularity?
Meta’s (formerly Facebook) decision to de-emphasize news has significantly impacted publications like Mother Jones. The CEO, Monika Bauerlein, has observed a notable decrease in Facebook referrals for the publication. Meta’s shift away from news came in response to criticism over its handling of misinformation and accusations of political bias. How has Meta’s decision to de-emphasize news impacted publications like Mother Jones? Why have media outlets sought alternative ways to reach readers due to the decline in Facebook traffic?
A German businessman named Horst Jicha has been charged with defrauding investors in a crypto fraud scheme amounting to $150 million. Jicha promoted USI Tech as a crypto mining and trading platform but allegedly used a multilevel marketing scheme to lure and deceive investors. Along with his co-conspirators, Jicha aggressively promoted USI Tech by making false claims about potential returns on crypto investments, enticing investors with promises of up to 140% returns. Tragically, approximately $150 million of investors’ funds were transferred to accounts controlled by Jicha. What method did Horst Jicha and his co-conspirators employ to defraud investors in the crypto fraud scheme? How did Jicha deceive potential investors by promoting USI Tech, and what specific false claims did he make to attract them?
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