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Why your next iPhone is at risk of being heavily delayed

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A major producer of Apple’s iPhone has become the latest manufacturer to pause business because of the lockdown in Shanghai

Technology company Pegatron is halting production at two major factories in China.

The financial hub is currently locked down as officials deal with the spread of coronavirus, which is in line with China’s COVID-zero strategy.

The city was locked down in late March after infections surged in the key manufacturing and financial hub.

Major Apple MacBook manufacturer Quanta, and iPad maker Compal Electronics, have also paused activities in Chinese cities.

China’s most populous city has been under lockdown for weeks, with many residents unable to access basic essentials including medical care and food.

Locals have taken to their apartments to vent their frustration.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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