Business News Weekly ─ June 3, 2019
Samson delayed the launch of its much awaited Galaxy Fold smart phone after problems with its folded screen.
“Markets expose myth of unicorns” ─ from an article in the Wall Street Journal. They say valuations often don’t hold up in public eye.
“America’s millennial baby bust” ─ from an article in the Wall Street Journal. Americans are having fewer children, and the latest news is that the US birth rate has dipped to a 32 years low. The millennials are having fewer children as they delay starting families into their 30s.
“What Z wants” ─ from an article in the Bloomberg Magazine. Generation Z, is considered 18 to 21 years old and millennial’s ages 20 to 37. It says in a survey members of Gen Z in the US are more ethically minded spenders than most of previous generations. More than half of Gen Z respondents say the most common way they learn about things to buy is through the social media.
“Many teens wake up to check phone” ─ from an article Wall Street Journal. Survey finds parents do the same thing overnight; sleep expert calls it troubling.
“China’s tech champion – or serial theft” ─ from an article in the Wall Street Journal. Huawei has emerged as the world’s biggest telecom maker, but is fending off persistent allegations of copy and theft.
“Startup DoorDash – delivers a surging valuation” ─ from an article in the Wall Street Journal. A year ago the food delivery startup was valued by investors at $1.4 billion and now they’re betting it is nine times as much. DoorDash latest input of $600 million valued the company at $12.6 billion.