April 9, 2020

The Week in Business: Walmart Takes a Stand on Gun Control, and Brexit Goes Off the Rails

Finally ready to relinquish your decrepit old phone? Apple will unveil your latest iPhone options at its annual event Tuesday. The new phones are rumored to be slightly thicker, more water-resistant and harder to shatter than previous versions — good news for those who’ve cut their thumbs while desperately typing on a broken screen. (Don’t worry; I was fine.) But if you decide to let your current device limp through another year or two, you’re in good company — owners are waiting longer and longer to replace their smartphones, causing sales to decline for the last few years.

It’s the same old mess, but with a few new snags. Britain is hurtling toward its Oct. 31 deadline for pulling out of the European Union, but — surprise, surprise — Parliament is still divided on how to go about it. Boris Johnson, the country’s new prime minister, had a particularly rough week when lawmakers rejected his request for a snap election, which would have shored up his proposal to leave with or without an actual plan. They also passed a bill that would prohibit a no-deal Brexit, and it’s expected to become law as soon as this week. In other words, Brexit can’t happen without an agreement, but no one can agree — democracy at its finest.

Facebook introduced its dating service, which will allow users to merge their Facebook and Instagram accounts to stalk — er, find — potential love matches. The feature also lets people make “Secret Crush” lists, so you can tag your romantic interest without anyone finding out (well, anyone besides Facebook, of course). Speaking of co-opted social media: Leaders from Facebook, Google, Twitter and Microsoft met with government officials in Silicon Valley on Wednesday to discuss measures against foreign meddling in the 2020 election. And in other news, LeBron James, a noted taco fan, is trying to trademark “Taco Tuesday” for potential future business ideas — although his spokesman confirms that others are still free to use the term.

Article source: https://www.nytimes.com/2019/09/08/business/the-week-in-business-walmart-guns-brexit-iphones.html?emc=rss&partner=rss

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