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	<title type="text">Dan Frommer | Vox</title>
	<subtitle type="text">Our world has too much noise and too little context. Vox helps you understand what matters.</subtitle>

	<updated>2018-10-30T18:58:15+00:00</updated>

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		<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[Everything that matters from Apple’s iPad and Mac event in Brooklyn]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/10/30/18040942/apple-ipad-pro-brooklyn-macbook-bam-event" />
			<id>https://www.vox.com/2018/10/30/18040942/apple-ipad-pro-brooklyn-macbook-bam-event</id>
			<updated>2018-10-30T14:58:15-04:00</updated>
			<published>2018-10-30T10:05:32-04:00</published>
			<category scheme="https://www.vox.com" term="Apple" /><category scheme="https://www.vox.com" term="Big Tech" /><category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[Apple hosted one of its trademark product keynote events this morning in Brooklyn, N.Y., introducing a new iPad Pro, MacBook Air and Mac mini. Here is the most important news from the show, in roughly chronological order: The Preamble: The theme for today&#8217;s event is essentially Apple&#8217;s &#8220;most creative products&#8221; &#8212; and its products for [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="Stephanie Keith / Getty Images" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13357677/1055483110.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p>Apple hosted one of its trademark product keynote events this morning in Brooklyn, N.Y., introducing a new iPad Pro, MacBook Air and Mac mini. Here is the most important news from the show, in roughly chronological order:</p>
<h2 class="wp-block-heading">The Preamble:</h2>
<p>The theme for today&rsquo;s event is essentially Apple&rsquo;s &ldquo;most creative products&rdquo; &mdash; and its products for creative professionals. Apple is holding the event in an opera house, its logo is being drawn in a bunch of different art styles, and today&rsquo;s introductory videos feel more art-house than Hollywood blockbuster. CEO Tim Cook didn&rsquo;t do much of a windup &mdash; we&rsquo;re jumping right into the Mac update.</p>
<h2 class="wp-block-heading">The MacBook Air:</h2>
<p>Apple&rsquo;s Mac business now has 100 million active devices. First up for an update: The MacBook Air, which &ldquo;truly embraced the notion that less could indeed be more,&rdquo; per Cook, who says it&rsquo;s the &ldquo;most beloved notebook [computer] ever.&rdquo;</p>

<p>This is a big update, arguably overdue, for one of Apple&rsquo;s most popular products.</p>

<p>The new MacBook Air has a high-resolution Retina display &mdash; addressing its biggest shortcoming &mdash; plus two USB-C ports and a headphone jack. The new display has 50 percent narrower borders and 48 percent &ldquo;more color.&rdquo; The new Air now supports Touch ID to unlock your Mac or use Apple Pay, a feature Apple previously introduced in the MacBook Pro. It can drive a 5K external display. Apple is pledging 12 hours of battery life in &ldquo;wireless web browsing.&rdquo;</p>

<p>The MacBook Air is smaller &mdash; 17 percent less volume &mdash; and 10 percent thinner, and a bit less than 10 percent lighter, weighing in at 2.75 pounds. It&rsquo;s made from 100 percent recycled aluminum.</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13358271/1055486208.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="Apple Holds Launch Event In Brooklyn" title="Apple Holds Launch Event In Brooklyn" data-has-syndication-rights="1" data-caption="" data-portal-copyright="Stephanie Keith / Getty Images" />
<p>The new MacBook Air starts at $1199, the lowest price for a Retina Mac, but 20 percent more expensive than the old MacBook Air, which recently started at $999. Preorders start today, with availability next week.</p>
<h2 class="wp-block-heading">The Mac mini:</h2>
<p>Apple is also making another long-awaited Mac update, a new Mac mini. &ldquo;This new Mac mini is an absolute BEAST on the inside,&rdquo; Apple promises.</p>

<p>This smallish device has had a weird history &mdash; Apple goes years between updates &mdash; but has a strong niche following, using it as a media center, to power conference room TVs and even in server farms. It will now support quad- and six-core processors, offering 5X faster performance, and up to 64GB of memory &mdash; a lot for a small device.</p>

<p>The good news for Mac mini fans: Unlike Apple&rsquo;s laptops, which have been losing their ports, this Mac still has a bunch of them, including four USB-C ports, two USB-A ports, HDMI, Ethernet, etc. Its aluminum enclosure is now also 100 percent recycled. It starts at $799, with preorders starting today and shipments on Nov. 7.</p>
<h2 class="wp-block-heading">The iPad Pro:</h2>
<p>&ldquo;Imagine a piece of glass that transforms instantly into anything you want it to be.&rdquo; That&rsquo;s how Tim Cook kicks off the iPad section of today&rsquo;s event, following a retail update from exec Angela Ahrendts.</p>

<p>The new iPad Pro is a big cosmetic and functional update: Its screen now goes far to the edge, including rounded corners and Face ID, using similar technology as the new iPhone XR. It comes in 11-inch and 12.9-inch sizes, with the larger device having 25 percent less volume than its predecessor.</p>

<p>The new iPad Pros use new Apple chips, the A12X. &ldquo;Single-core performance&rdquo; &mdash; many simple tasks &mdash; are up to 35 percent faster than the last iPad Pro, and more sophisticated multi-core tasks are up to 90 percent faster. Graphics performance is up to 2X faster.</p>

<p>As rumored, the new iPad Pro is moving over to USB-C &mdash; away from Apple&rsquo;s Lightning port &mdash; as its main connection point. This can power a 5K display or let you charge your iPhone from your iPad. The second-generation Apple Pencil stylus attaches magnetically and charges wirelessly. The new keyboard case does <em>not</em> include a trackpad.</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13358275/1055487722.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="Apple Holds Launch Event In Brooklyn" title="Apple Holds Launch Event In Brooklyn" data-has-syndication-rights="1" data-caption="" data-portal-copyright="Stephanie Keith / Getty Images" />
<p>The 11-inch iPad Pro starts at $799; the 12.9-inch starts at $999. Both models start preorders today and ship on Nov. 7.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
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			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[How Netflix drives culture, in one chart]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/10/16/17986022/netflix-drives-culture" />
			<id>https://www.vox.com/2018/10/16/17986022/netflix-drives-culture</id>
			<updated>2018-10-16T17:56:34-04:00</updated>
			<published>2018-10-16T17:45:51-04:00</published>
			<category scheme="https://www.vox.com" term="Business &amp; Finance" /><category scheme="https://www.vox.com" term="Culture" /><category scheme="https://www.vox.com" term="Media" /><category scheme="https://www.vox.com" term="Money" /><category scheme="https://www.vox.com" term="Netflix" /><category scheme="https://www.vox.com" term="Streaming" /><category scheme="https://www.vox.com" term="Technology" /><category scheme="https://www.vox.com" term="TV" />
							<summary type="html"><![CDATA[In half a decade, Netflix has gone from &#8220;streaming video service with a kinda mediocre selection&#8221; to arguably the most influential outlet in all of American television. Netflix&#8217;s quarterly letter to shareholders, released with its third-quarter results this afternoon, includes the usual discussion of the quarter and the broader industry. But it also includes this [&#8230;]]]></summary>
			
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<img alt="" data-caption="" data-portal-copyright="Netflix" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13282087/TATB_Lana_Peter_thumbnail.0.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p>In half a decade, Netflix has gone from &ldquo;streaming video service with a kinda mediocre selection&rdquo; to arguably the most influential outlet in all of American television.</p>

<p>Netflix&rsquo;s <a href="https://s22.q4cdn.com/959853165/files/doc_financials/quarterly_reports/2018/q3/FINAL-Q3-18-Shareholder-Letter.pdf">quarterly letter to shareholders</a>, released with its third-quarter results this afternoon, includes the usual discussion of the quarter and the broader industry. But it also includes this great chart, showing its young stars&rsquo; prolific growth in Instagram followers after their Netflix launches:</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13281995/Screen_Shot_2018_10_16_at_4.33.02_PM.png?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="Netflix star Instagram Followers chart" title="Netflix star Instagram Followers chart" data-has-syndication-rights="1" data-caption="" data-portal-copyright="Netflix" />
<p>&ldquo;We&rsquo;re also thrilled that Netflix has been a launching pad for a new generation of global stars like Millie Bobby Brown, Jacob Elordi, Noah Centineo and Gaten Matarazzo,&rdquo; Netflix writes. &ldquo;When our service helps our talent develop huge fan bases (from small followings to over 10 million Instagram followers), we can attract the best talent in the world. This explosive growth in popularity is a good indicator that our shows and stars are breaking out around the planet.&rdquo;</p>

<p>In other words, its hit original shows like <a href="https://www.recode.net/2017/10/27/16550716/stream-netflix-stranger-things-2-release-live-date-facts-stats-binge-watch-upside-down">&ldquo;Stranger Things&rdquo;</a> and films like <a href="https://www.vox.com/culture/2018/8/19/17756330/to-all-the-boys-ive-loved-before-review-netflix">&ldquo;To All The Boys I&rsquo;ve Loved Before&rdquo;</a> don&rsquo;t just drive subscriber growth &mdash; they also drive culture.</p>

<p>Netflix announced today that it grew by seven million subscribers during the past quarter&nbsp;and that it expects to add more than nine million subscribers by the end of the year, passing 145 million globally.</p>

<p>After a rough time following its last earnings report, Netflix shares are up 12 percent in after-hours trading, making back much of this fall&rsquo;s stock-price decline.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
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			<entry>
			
			<author>
				<name>Dan Frommer</name>
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			<title type="html"><![CDATA[How Facebook could screw up Instagram]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/9/27/17909858/facebook-instagram-legacy-quality-taste-mike-krieger-kevin-systrom" />
			<id>https://www.vox.com/2018/9/27/17909858/facebook-instagram-legacy-quality-taste-mike-krieger-kevin-systrom</id>
			<updated>2018-09-27T13:23:40-04:00</updated>
			<published>2018-09-27T11:47:41-04:00</published>
			<category scheme="https://www.vox.com" term="Business &amp; Finance" /><category scheme="https://www.vox.com" term="Facebook" /><category scheme="https://www.vox.com" term="Instagram" /><category scheme="https://www.vox.com" term="Media" /><category scheme="https://www.vox.com" term="Money" /><category scheme="https://www.vox.com" term="Social Media" /><category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[Instagram&#8217;s founders are finally leaving Facebook, six years after they sold their startup to Mark Zuckerberg. We&#8217;ll skip the drama of their departure in this post. This is about keeping a great thing going &#8212; and how Facebook could potentially mess it up. Instagram is, in many parts of the world, the most culturally relevant [&#8230;]]]></summary>
			
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<img alt="" data-caption="Kevin Systrom in a tuxedo. Because he’s Kevin Systrom. | Kelly Sullivan / Getty" data-portal-copyright="Kelly Sullivan / Getty" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13167661/885066710.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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	Kevin Systrom in a tuxedo. Because he’s Kevin Systrom. | Kelly Sullivan / Getty	</figcaption>
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<p class="is-lead has-drop-cap">Instagram&rsquo;s founders are <a href="https://www.recode.net/2018/9/24/17899342/instagram-cofounders-depart-kevin-systrom-mike-krieger">finally leaving Facebook</a>, six years after they sold their startup to Mark Zuckerberg. We&rsquo;ll skip the <a href="https://www.recode.net/2018/9/25/17899674/instagram-facebook-kevin-systrom-mark-zuckerberg-product-clash">drama of their departure</a> in this post. This is about keeping a great thing going &mdash; and how Facebook could potentially mess it up.</p>

<p>Instagram is, in many parts of the world, the most culturally relevant technology since texting. And that has everything to do with its founders &mdash; Kevin Systrom and Mike Krieger &mdash; and their teams, who have meticulously shaped it since creation, executing near-flawlessly with tight control.</p>

<p>Walking through the things that make Instagram so special &mdash; its network, product, experience and institutional taste &mdash; it&rsquo;s easy to see vulnerability in the wrong hands. Facebook can&rsquo;t afford to screw this up &mdash; especially now, as it increasingly relies on Instagram for growth and for engagement from younger users.</p>
<h2 class="wp-block-heading">The network</h2>
<p>Instagram&rsquo;s network &mdash; its users and their follower relationships &mdash; is by far its most valuable asset.</p>

<p>Instagram is special because the most interesting people in the world, and in your life, are on Instagram, posting the most interesting things that are happening to them (or a mundane slice of reality, depending on the day). That&rsquo;s the biggest reason Instagram Stories was able to leapfrog Snapchat Stories so quickly &mdash;&nbsp;because <a href="https://www.recode.net/2016/8/2/12364596/instagram-stories-snapchat">the network was already there</a> to adopt the format.</p>
<div class="instagram-embed"><a href="https://www.instagram.com/p/BoIvH_Fgdxm/" target="_blank" rel="noopener noreferrer">View Link</a></div>
<p>Instagram has consciously but subtly steered its services to <a href="https://www.recode.net/2017/1/23/14205686/instagram-product-launch-feature-kevin-systrom-weil">focus on your actual friends</a> and not the influencers or brands you follow. It is nice that Instagram seems to know my wife is my wife (possibly from our Facebook metadata?) and always plays her Stories first. But those influencers and brands matter, too. I want to see what&rsquo;s up with the random Japanese artists, Nordic designers and French chefs I follow. Or Instagram wouldn&rsquo;t be nearly as good.</p>

<p>Crucially, it matters that your Instagram network is different from your Facebook network. There is likely some overlap, but not complete overlap. Facebook is your phone book; the social utility. Instagram is for people whose food porn, sunsets, midlife crises and baby videos you actually want to see &mdash; the interest graph that speaks to your soul. It would be a big mistake for Facebook to try combining those things any more, or to shove random Facebook friends&rsquo; stuff into your Instagram feed. Please don&rsquo;t.</p>
<h2 class="wp-block-heading">The product and experience</h2>
<p>While famously <a href="https://www.businessinsider.com/instagram-2010-11?IR=T">minimalist at launch</a>, Instagram has evolved into a surprisingly complex, sophisticated app without feeling overwhelming or cumbersome. In addition to being a creative outlet, it&rsquo;s now an important communication, search, discovery, bookmarking, storytelling, marketing, recruiting, education and entertainment product, and <a href="https://www.recode.net/2018/9/17/17871100/instagram-shopping-code-commerce-vishal-shah">could become a leading e-commerce engine</a>. There are ads, but they mostly feel native and not too annoying. And it&rsquo;s still easy to find things!</p>

<p>It&rsquo;s not always perfect &mdash; the recent IGTV bolt-on feels more desperate than it should. But overall, Instagram&rsquo;s product evolution has been excellent &mdash; including the things it hasn&rsquo;t tried to do, like games, an &ldquo;app platform&rdquo; or too many formats. It&rsquo;s been significantly better, in my opinion, than the Facebook app, which has long felt bloated. And don&rsquo;t even look at what Facebook Messenger has turned into in its quest to become WeChat.</p>

<p>Quality, too: Instagram is arguably the best-built big iPhone app, and that matters. The second-biggest reason that Instagram Stories was able to leapfrog Snapchat Stories overnight is that it was <a href="https://www.recode.net/2016/8/2/12364596/instagram-stories-snapchat">built better</a> &mdash; everything about it was just nicer. But when Facebook cloned Stories for its own app, it was noticeably less elegant than Instagram&rsquo;s copy.&nbsp;</p>

<p>Facebook is no slouch at this stuff &mdash; its speed and reliability has long been a trademark, and its sense of visual and interaction design is better than most. But Instagram&rsquo;s execution and balance have been on another level. Let&rsquo;s hope that continues.</p>
<h2 class="wp-block-heading">The institution</h2>
<p>This is where Facebook may be most tempted to change things. Now that Instagram&rsquo;s founders are gone, is there any reason to keep it effectively running as a subsidiary instead of as a department or function of Facebook?</p>

<p>I don&rsquo;t know enough about the day-to-day process similarities or differences in how Instagrammers and Facebookers work to predict how cultural integration would go. But when I visited their respective headquarters a year ago, I saw companies from two different planets. Facebook&rsquo;s office felt like I&rsquo;d landed in a fancy Mars colony. Instagram&rsquo;s felt like I was visiting Cond&eacute; Nast.</p>

<p>To the creative set, Instagram is just cool in a way that Facebook could never be cool. It&rsquo;s why people treat it differently, and I think a big part of why they&rsquo;ve continued to embrace it. They know Facebook owns it, but they let that slide because Instagram has continued to be cool. Facebook is <a href="https://twitter.com/ndebock/status/701505382506749953?ref_src=twsrc%5Etfw">Mark Zuckerberg standing in a theater of VR-headset-wearing zombies</a>. Instagram is <a href="https://wwd.com/fashion-news/fashion-features/kevin-systrom-on-nyfw-7899199/">Kevin Systrom at the Met Ball</a>. It&rsquo;s not bad to be Facebook (minus the Trump-Russia thing, I guess), but it has been very, very good to be Instagram.</p>
<figure class="wp-block-embed is-type-rich is-provider-instagram wp-block-embed-instagram alignnone"><div class="wp-block-embed__wrapper">
<blockquote class="instagram-media" data-instgrm-captioned data-instgrm-permalink="https://www.instagram.com/p/zyJiZcgBHZ/?utm_source=ig_embed&#038;utm_campaign=loading" data-instgrm-version="14"><div> <a href="https://www.instagram.com/p/zyJiZcgBHZ/?utm_source=ig_embed&#038;utm_campaign=loading" target="_blank"> <div> <div></div> <div> <div></div> <div></div></div></div><div></div> <div></div><div> <div>View this post on Instagram</div></div><div></div> <div><div> <div></div> <div></div> <div></div></div><div> <div></div> <div></div></div><div> <div></div> <div></div> <div></div></div></div> <div> <div></div> <div></div></div></a><p><a href="https://www.instagram.com/p/zyJiZcgBHZ/?utm_source=ig_embed&#038;utm_campaign=loading" target="_blank">A post shared by Kevin Systrom (@kevin)</a></p></div></blockquote>
</div></figure>
<p>For the near term, it&rsquo;s likely that Instagram&rsquo;s network and product will keep it going strong. (It&rsquo;s not like there&rsquo;s a suitable alternative!) Many interesting and talented people still work there and won&rsquo;t necessarily follow the founders out the door. But over the years, it&rsquo;s crucial to keep a strong sense of identity of what it uniquely means to be Instagram or it will lose its magic. Who will do that? Is that something Mark Zuckerberg cares about?</p>

<p>Apple has largely kept its impeccable institutional taste after Steve Jobs&rsquo;s death because Tim Cook is a very classy CEO, and Jony Ive and his industrial design sensibility have long been the driving force of the company. So things keep going. YouTube has also done well since its founders left many years ago &mdash; credit to Google &mdash; so there&rsquo;s hope.</p>

<p class="has-end-mark">I wonder how that will work &mdash; or if it can &mdash; at Instagram, as the two guys who&rsquo;ve led everything it&rsquo;s ever been are leaving, abruptly, together.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
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			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[SiriusXM is taking over Pandora in a $3.5 billion deal that’s more necessity than convenience]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/9/24/17895968/sirius-xm-liberty-pandora-car-satellite-radio-internet-streaming-live-nation-music" />
			<id>https://www.vox.com/2018/9/24/17895968/sirius-xm-liberty-pandora-car-satellite-radio-internet-streaming-live-nation-music</id>
			<updated>2018-09-24T12:04:26-04:00</updated>
			<published>2018-09-24T11:45:01-04:00</published>
			<category scheme="https://www.vox.com" term="Business &amp; Finance" /><category scheme="https://www.vox.com" term="Media" /><category scheme="https://www.vox.com" term="Money" /><category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[SiriusXM, the satellite radio company, is taking over the rest of Pandora, the internet radio company, in an all-stock deal valued at $3.5 billion. Sirius bought a large stake in Pandora last summer and had reportedly tried to acquire it previously, so this isn&#8217;t a stunning surprise. Why is it happening? As Recode Executive Editor [&#8230;]]]></summary>
			
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<img alt="" data-caption="Howard Stern | Theo Wargo/Getty Images For The Rock and Roll Hall of Fame" data-portal-copyright="Theo Wargo/Getty Images For The Rock and Roll Hall of Fame" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13145369/946332762.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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	Howard Stern | Theo Wargo/Getty Images For The Rock and Roll Hall of Fame	</figcaption>
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<p>SiriusXM, the satellite radio company, is <a href="https://platform.mi.spglobal.com/IRW/file/4247784/Index?KeyFile=395108865">taking over the rest of Pandora</a>, the internet radio company, in an all-stock deal valued at $3.5 billion. Sirius <a href="https://www.recode.net/2017/6/9/15768446/pandora-sirius-streaming-music-strategy-deal">bought a large stake in Pandora</a> last summer and had <a href="https://www.reuters.com/article/us-pandora-media-m-a-sirius-xm-holdgs-ex-idUSKBN18Z0BP">reportedly tried to acquire it</a> previously, so this isn&rsquo;t a stunning surprise.</p>

<p>Why is it happening? As <strong>Recode</strong> Executive Editor Peter Kafka wrote last June when the first deal was announced, <a href="https://www.recode.net/2017/6/9/15768446/pandora-sirius-streaming-music-strategy-deal">Pandora needs help and SiriusXM needs the internet</a>.</p>

<p>Pandora is still losing money &mdash; albeit less than it used to &mdash; as it tries to build a business beyond free, ad-supported radio. Last quarter, the company lost $92 million on $385 million of revenue, reflecting a decline in advertising sales but an increase in subscription revenue.</p>

<p>But Pandora is still widely distributed and is still very much a thing: It had 71.4 million active listeners at the end of June &mdash; a big audience of mostly mobile streaming listeners that could be useful to SiriusXM.</p>

<p>As Kafka wrote last summer:</p>
<blockquote class="wp-block-quote has-text-align-none is-layout-flow wp-block-quote-is-layout-flow">
<p>That kind of mobile internet reach could be enormously useful to almost any consumer company, but especially Sirius, which delivers almost all of its music to listeners in their cars, using actual satellites that it launches into space. I&rsquo;d say that makes as much sense as using ponies and pigeons to deliver the mail, but apparently it continues to works for Sirius. Still, you can see where this is going. Because you are reading this on the internet, right now.</p>
</blockquote>
<p>Indeed. But while still large, Pandora&rsquo;s audience is still shrinking &mdash; the company reported 76 million listeners the same time a year ago. And its six million paying subscribers is a small fraction of Apple&rsquo;s or Spotify&rsquo;s total. Spotify, for example, had 180 million active users and 83 million premium subscribers at the end of June.</p>

<p>Still, SiriusXM and Pandora say that if the deal closes &mdash; it is pending antitrust review &mdash; it will create the &ldquo;world&rsquo;s largest audio entertainment company&rdquo; with more than $7 billion in revenue and a $41 billion enterprise value.</p>

<p>Among its growth opportunities touted in its <a href="http://investor.pandora.com/Cache/1500113308.PDF?O=PDF&amp;T=&amp;Y=&amp;D=&amp;FID=1500113308&amp;iid=4247784">deal-announcement slide show</a>: &ldquo;Unique audio packages&rdquo;; driving in-car listening for Pandora; and cross-promotional opportunities &mdash; including more than 23 million SiriusXM trial listeners every year, primarily through car purchases &mdash; that deserve their own schematic slide:</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13145521/Screen_Shot_2018_09_24_at_4.03.10_PM.png?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="SiriusXM Pandora Ecosystem slide" title="SiriusXM Pandora Ecosystem slide" data-has-syndication-rights="1" data-caption="" data-portal-copyright="SiriusXM/Pandora" />
<p>In addition, the companies describe the combination as a &ldquo;strong promotional platform for emerging and established artists.&rdquo; Also worth noting: Liberty Media, which owns SiriusXM, and now Pandora, has a big stake in LiveNation, which dominates both the concert-venue business and the ticketing business (through its ownership of Ticketmaster). This provides obvious opportunities &mdash; especially if it ever pushes to combine them &mdash; and potential antitrust problems, too.</p>

<p>Pandora shares are up about 2 percent, trading around $9.30 &mdash; not far from where shares traded last June when SiriusXM made its first investment. That&rsquo;s up from all-time lows around $4 earlier this year, but it&rsquo;s down around 75 percent from all-time highs in early 2014. Apple and Spotify shares are flattish on the day.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Kat Borgerding</name>
			</author>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[Code Commerce, our summit on the future of retail, is here. Here’s how to follow along.]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/9/14/17856456/code-commerce-how-to-follow-watch-2018-conference" />
			<id>https://www.vox.com/2018/9/14/17856456/code-commerce-how-to-follow-watch-2018-conference</id>
			<updated>2018-09-17T07:36:02-04:00</updated>
			<published>2018-09-17T07:35:58-04:00</published>
			<category scheme="https://www.vox.com" term="Code Commerce" /><category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[Recode&#8217;s&#160;Code Commerce conference, our summit on the future of retail, digital payments and consumer brands,&#160;is back. This Monday and Tuesday, Sept. 17 and 18, we&#8217;ll have in-depth interviews with some of the top leaders reimagining the retail and e-commerce sector, including the CEOs of Shopify, Zola, Instacart, Chobani, Framebridge and Glossier. We&#8217;ll talk digital-native brands, [&#8230;]]]></summary>
			
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<figure>

<img alt="" data-caption="" data-portal-copyright="Keith MacDonald" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/13083015/REC_KMACDONALD_CODECOMMERCE17_20170913_091257_2771_X2.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
		</figcaption>
</figure>
<p><strong>Recode&rsquo;s</strong>&nbsp;<strong>Code Commerce </strong>conference, our summit on the future of retail, digital payments and consumer brands,&nbsp;is back.</p>

<p>This Monday and Tuesday, Sept. 17 and 18, we&rsquo;ll have in-depth interviews with some of the top leaders reimagining the retail and e-commerce sector, including the CEOs of Shopify, Zola, Instacart, Chobani, Framebridge and Glossier. We&rsquo;ll talk digital-native brands, <a href="https://www.recode.net/2018/8/29/17774878/consumer-startups-business-model-native-mvmt-tuft-needle">bootstrapping to huge success</a> and the future of social commerce. There may also be <a href="https://www.recode.net/2018/9/4/17819508/amazon-trillion-market-cap-power">some discussion of Amazon</a>.</p>

<p>You&rsquo;re invited to <a href="https://events.recode.net/events/code-commerce-2018">join us in New York City</a> &mdash;&nbsp;a few tickets are still available. But if you can&rsquo;t make it, that&rsquo;s okay. There are a number of ways you can follow along with us online.</p>
<h2 class="wp-block-heading"><strong>Watch Code Commerce 2018 online</strong></h2>
<p>This year we will be updating&nbsp;<a href="http://youtube.com/recode">YouTube</a>,&nbsp;<a href="http://twitter.com/recode">Twitter</a>,&nbsp;<a href="http://facebook.com/recodedotnet">Facebook</a>&nbsp;and&nbsp;<a href="https://go.redirectingat.com/?id=66960X1555657&amp;xs=1&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fre-code-news%2F">LinkedIn</a>&nbsp;regularly with the latest video clips &mdash; now&rsquo;s a good time to follow, if you aren&rsquo;t yet. Of course, all of our videos, summaries and analysis will also be on this website, so check our <a href="https://www.recode.net/">homepage</a> or the <a href="https://www.recode.net/code-commerce"><strong>Code Commerce</strong> archive page</a> regularly. (We&rsquo;ll post full interviews throughout the week.)</p>
<h2 class="wp-block-heading"><strong>Subscribe to our daily newsletter</strong></h2>
<p>We have more than a dozen interviews and presentations coming from the&nbsp;<strong>Code Commerce</strong>&nbsp;stage this year. We&rsquo;ll break down the need-to-know information in the <strong>Recode Daily</strong>, our morning newsletter for smart, busy professionals. Just subscribe here:</p>
<h2 class="wp-block-heading"><strong>Get breaking news alerts on Apple News</strong></h2>
<p>Don&rsquo;t want to keep hitting the refresh button? We get it. Make sure you&rsquo;re subscribed to us on Apple News and have your notifications turned on (just click the &ldquo;Following&rdquo; button on the bottom of your Apple News screen, scroll to&nbsp;<strong>Recode</strong>&nbsp;and make sure the little bell icon is blue).</p>
<h2 class="wp-block-heading"><strong>Follow us on social media</strong></h2>
<p>Tune in live with us on&nbsp;<a href="http://twitter.com/recode">Twitter</a>&nbsp;during all of&nbsp;<strong>Code Commerce</strong>! We&rsquo;ll be live tweeting the entire conference using #CodeCommerce. We&rsquo;ll feature exclusive interviews and scenes from the conference on&nbsp;<a href="http://instagram.com/recode">Instagram</a>&nbsp;(be sure to check us out on Stories) and will be posting breaking news and video to&nbsp;<a href="http://facbook.com/recodedotnet">Facebook</a>&nbsp;and&nbsp;<a href="https://go.redirectingat.com/?id=66960X1555657&amp;xs=1&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fre-code-news%2F">LinkedIn</a>.</p>
<h2 class="wp-block-heading"><strong>Subscribe to our podcasts</strong></h2>
<p><strong>Recode&rsquo;s</strong> <a href="https://go.redirectingat.com/?id=66960X1555657&amp;xs=1&amp;url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Frecode-media-with-peter-kafka%2Fid1080467174%3Fmt%3D2">Peter Kafka</a>&nbsp;and&nbsp;<a href="https://go.redirectingat.com/?id=66960X1555657&amp;xs=1&amp;url=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Frecode-decode-hosted-by-kara-swisher%2Fid1011668648%3Fmt%3D2">Kara Swisher</a>&nbsp;both have pretty incredible podcasts where they interview the most interesting leaders in tech, media, politics, Hollywood and everything in between. We&rsquo;ll also potentially post some of the best interviews from <strong>Code Commerce</strong> in those feeds, so subscribe today.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[iPhone XS and iPhone XR event: Everything important Apple just announced]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/9/12/17850362/apple-iphone-xs-event-apple-watch-series-4-airpods" />
			<id>https://www.vox.com/2018/9/12/17850362/apple-iphone-xs-event-apple-watch-series-4-airpods</id>
			<updated>2018-09-12T16:00:09-04:00</updated>
			<published>2018-09-12T14:45:02-04:00</published>
			<category scheme="https://www.vox.com" term="Apple" /><category scheme="https://www.vox.com" term="Big Tech" /><category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[Apple unveiled new iPhones and Apple Watches today at an event at its Cupertino, Calif., headquarters. Recode attended the event at the Steve Jobs Theater; what follows is a stream of the most important announcements and some fast analysis, roughly in chronological order. The preamble After a funny &#8220;Mission: Impossible&#8221;-style opening video, Apple CEO Tim [&#8230;]]]></summary>
			
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<figure>

<img alt="" data-caption="From last year’s iPhone X event. | Recode / Dan Frommer" data-portal-copyright="Recode / Dan Frommer" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/9237659/DSCF2430.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
	From last year’s iPhone X event. | Recode / Dan Frommer	</figcaption>
</figure>
<p>Apple unveiled new iPhones and Apple Watches today at an event at its Cupertino, Calif., headquarters. <strong>Recode</strong> attended the event at the Steve Jobs Theater; what follows is a stream of the most important announcements and some fast analysis, roughly in chronological order.</p>
<h2 class="wp-block-heading">The preamble</h2>
<p>After a funny &ldquo;Mission: Impossible&rdquo;-style opening video, Apple CEO Tim Cook opened the event with a milestone: Apple is about to ship its two billionth iOS device, dating back to the first iPhone in 2007. Today, it&rsquo;s going to talk about two of its major device lines, starting with the Apple Watch. (The other, then, is the iPhone &mdash; suggesting no new iPads or Macs today.) Cook says Apple Watch is the &ldquo;No. 1&rdquo; watch in the world &mdash; presumably measured by revenue.</p>
<h2 class="wp-block-heading">Apple Watch Series 4</h2>
<p>The new Apple Watch, Series 4, has a new screen that&rsquo;s more than 30 percent larger, but with a thinner, lower-volume case and rounder corners. Apps will go further to the edges, and there&rsquo;s a new watch face with up to eight complications &mdash; meaning much more information and widgets. The digital crown has been redesigned and now includes haptic feedback, and a sensor that will help with heart tracking (see below). The back, now made from sapphire and ceramic, should help with cellular reception.</p>

<p>New motion sensors &mdash; the accelerometer and gyroscope &mdash; will help Apple Watch detect when someone falls. If it detects you&rsquo;ve fallen, it will prompt with an alert, which can help you make an emergency call &mdash; and if you don&rsquo;t respond, it will message your emergency contacts.</p>

<p>In addition to communication and fitness features, Apple Watch has become &ldquo;an intelligent guardian for your health,&rdquo; Apple COO Jeff Williams said.</p>

<p>The new Apple Watch has three new heart features: A notification if your heart rate gets too low, screening that will notify you if it detects an irregular rhythm and an electrocardiogram (ECG) measurement using a new electrical heart sensor in the Series 4 watch &mdash; which can generate a PDF that you can share with your doctor. Williams says this is the first ECG product available over-the-counter to consumers &mdash; and that Apple has received clearance from the U.S. Food and Drug Administration, which he says is the first of its kind.</p>

<p>Apple says the battery life of the new Watch is the same as last year&rsquo;s &mdash; suggesting there&rsquo;s no new always-on display mode, which would likely require more battery capacity.</p>

<p>The new Watch will ship in many markets on Sept. 21, starting at $399 with GPS and $499 with cellular, including a new gold stainless steel finish. Apple will continue its partnerships with Nike and Hermes, and all previous watch bands will fit the new Series 4 watches. Last year&rsquo;s Series 3 will go down to $279 for GPS models. WatchOS 5, the new operating system for Apple Watch models, will launch on Sept. 17.</p>
<h2 class="wp-block-heading">iPhone XS and iPhone XS Max</h2>
<p>This year&rsquo;s new, faster high-end iPhone is called the iPhone XS, pronounced &ldquo;ten ess.&rdquo; It&rsquo;s made of &ldquo;surgical grade&rdquo; stainless steel, including an option for a gold finish. The back is a new, more durable glass, the most durable ever on a smartphone, according to Apple SVP Phil Schiller. And it&rsquo;s more waterproof now &mdash; even when dropped in beer. FaceID, Apple&rsquo;s facial-recognition system, is now faster.</p>

<p>The iPhone XS camera suite has been improved, including a faster selfie camera and a new version of &ldquo;portrait mode&rdquo; that will let you modify a photo&rsquo;s depth of field &mdash; in practical terms, the blurriness of the background &mdash; after the fact.</p>

<p>There&rsquo;s also a new, larger &ldquo;Max&rdquo; version with a 6.5-inch display &mdash; about the same size device as an iPhone 8 Plus, but with a larger, edge-to-edge display.</p>

<p>One technical thing that seems to matter for the future: Apple&rsquo;s new chip will help Core ML, its machine-learning system, run nine times faster, but using one-tenth the energy. This is already useful today for apps that use machine learning &mdash; a lot of apps! &mdash; but it seems like this sort of progress could be particularly useful for future iOS <em>devices</em>, such as augmented reality glasses.</p>

<p>IPhone XS battery life: Up to 30 minutes longer than the iPhone X. And iPhone XS Max will get you another extra hour.</p>

<p>This is the first iPhone that will support dual SIMs &mdash; meaning you can use a second SIM for local roaming when you travel, or if you use two different carriers, or if you want a second &ldquo;work&rdquo; number. (A special version for China will support two hardware SIM cards.)</p>

<p>IPhone XS starts at $999 and the iPhone XS Max starts at $1,099 and will ship Sept. 21; iOS 12, which powers all these phones, will launch Sept. 17.</p>
<h2 class="wp-block-heading">iPhone XR</h2>
<p>Apple is also launching a new, aluminum phone in six colors, called the iPhone XR, which is designed to be less expensive &mdash; or, in Apple&rsquo;s terminology, to reach more people.</p>

<p>It looks like an iPhone X-type phone, and includes FaceID, but has a larger, 6.1-inch, &ldquo;liquid retina&rdquo; LCD display (instead of the iPhone X and XS&rsquo;s OLED screen). As rumored, it&rsquo;s larger than an iPhone 8 or X, but smaller than an 8 Plus or XS Max. It includes the iPhone XS&rsquo;s new chip, but lacks its dual-camera system.</p>

<p>Battery life is 90 minutes more than the iPhone 8 Plus &mdash; pretty good. It also supports dual-SIM.</p>

<p>IPhone XR starts at $749 and will ship Oct. 26. Apple will keep selling the iPhone 7 and 7 Plus, 8 and 8 Plus, starting at $449.</p>
<h2 class="wp-block-heading">Missing in action?</h2>
<p>No word (yet?) on AirPods or its long-delayed wireless charging pad. In fact, Apple didn&rsquo;t really talk about wireless charging at all.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[Apple, YouTube and Facebook won’t silence Alex Jones and Infowars — but their bans will sharply limit his reach]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/8/6/17657700/alex-jones-infowars-ban-censorship-conservative-media-apple-youtube-facebook-twitter" />
			<id>https://www.vox.com/2018/8/6/17657700/alex-jones-infowars-ban-censorship-conservative-media-apple-youtube-facebook-twitter</id>
			<updated>2018-08-06T16:51:25-04:00</updated>
			<published>2018-08-06T16:51:22-04:00</published>
			<category scheme="https://www.vox.com" term="Apple" /><category scheme="https://www.vox.com" term="Big Tech" /><category scheme="https://www.vox.com" term="Business &amp; Finance" /><category scheme="https://www.vox.com" term="Facebook" /><category scheme="https://www.vox.com" term="Media" /><category scheme="https://www.vox.com" term="Money" /><category scheme="https://www.vox.com" term="Social Media" /><category scheme="https://www.vox.com" term="Technology" /><category scheme="https://www.vox.com" term="YouTube" />
							<summary type="html"><![CDATA[Slowly, and then all at once: That&#8217;s how the internet giants decided to end their relationships with Alex Jones, whose Infowars brand has peddled conspiracy theories and other forms of disinformation to large audiences for years. Since yesterday, Apple Podcasts, Facebook and YouTube &#8212; where the Alex Jones channel had more than 2.4 million subscribers [&#8230;]]]></summary>
			
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<figure>

<img alt="" data-caption="Infowars host Alex Jones | Oli Scarff / Getty" data-portal-copyright="Oli Scarff / Getty" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/11932621/170028319.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
	Infowars host Alex Jones | Oli Scarff / Getty	</figcaption>
</figure>
<p>Slowly, and then all at once: That&rsquo;s how the internet giants decided to end their relationships with Alex Jones, whose Infowars brand has peddled conspiracy theories and other forms of disinformation to large audiences for years.</p>

<p>Since yesterday, Apple Podcasts, Facebook and YouTube &mdash; where the Alex Jones channel had more than 2.4 million subscribers &mdash; have <a href="https://www.buzzfeednews.com/article/johnpaczkowski/apple-is-removing-alex-jones-and-infowars-podcasts-from">removed Jones&rsquo;s presence from their sites</a>, generally citing violations of their terms of service around hate content. <a href="https://www.recode.net/2018/8/1/17640430/spotify-alex-jones-hate-speech-podcast-removed">Spotify removed</a> some of Jones&rsquo;s podcasts last week.</p>

<p>All of the platforms had received sharp and deserved criticism for allowing disinformation to flourish. But none seemed willing to draw the line on Infowars &mdash;&nbsp;until now.</p>

<p>&ldquo;Apple does not tolerate hate speech, and we have clear guidelines that creators and developers must follow to ensure we provide a safe environment for all of our users,&rdquo; the company <a href="https://www.buzzfeednews.com/article/johnpaczkowski/apple-is-removing-alex-jones-and-infowars-podcasts-from">said yesterday in a statement</a>. &ldquo;We believe in representing a wide range of views, so long as people are respectful to those with differing opinions.&rdquo;</p>

<p>In Facebook&rsquo;s case, the company &ldquo;removed four pages belonging to Mr. Jones for violating its policies by &lsquo;glorifying violence&rsquo; and &lsquo;using dehumanizing language to describe people who are transgender, Muslims and immigrants,&rsquo;&rdquo; <a href="https://www.nytimes.com/2018/08/06/technology/infowars-alex-jones-apple-facebook-spotify.html">the New York Times reported</a>.</p>

<p>It has taken some evolution of thought &mdash;&nbsp;and probably watching its peers make more decisive moves &mdash; for Facebook to get there. Almost a month ago, the company&rsquo;s official Twitter account <a href="https://twitter.com/facebook/status/1017530220520194048">tweeted</a>: &ldquo;We just don&rsquo;t think banning Pages for sharing conspiracy theories or false news is the right way to go.&rdquo; Then Mark Zuckerberg, Facebook&rsquo;s founder and CEO, <a href="https://www.recode.net/2018/7/18/17584488/mark-zuckerberg-facebook-infowars-censorship-conspiracy-theory-news-feed">tried to support that sentiment</a> in an interview with <strong>Recode</strong>, but created his own embarrassing controversy by bringing up &mdash;&nbsp;and seemingly defending &mdash; Holocaust deniers as a similar example, <a href="https://www.recode.net/2018/7/18/17588116/mark-zuckerberg-clarifies-holocaust-denial-offensive">which he later walked back</a>.</p>

<p>For now, the Infowars app is still available in Apple&rsquo;s U.S. iPhone App Store, where it is the no. 37 ranked news app, just above Bloomberg&rsquo;s; it&rsquo;s possible Apple will pull the plug there, too. <a href="https://twitter.com/RealAlexJones">@RealAlexJones</a> still has his Twitter account, where he has 830,000 followers; <a href="https://twitter.com/infowars">@Infowars</a> has another 418,000. Jones&rsquo;s podcasts can still be downloaded via RSS feed.</p>

<p>And the <a href="http://infowars.com">infowars.com</a> site is still live. If Jones&rsquo;s providers have a change of heart, he may eventually have to move to a web host or domain-name registrar that doesn&rsquo;t disapprove of his content. But it will be nearly impossible to silence him on the open web. There are far darker corners.</p>

<p>Still, the bans from YouTube, Facebook and Apple will hurt. In media, distribution is king. And Jones is no longer welcome on many of the world&rsquo;s largest video and spoken-audio distribution platforms.</p>

<p>Devoted fans will still be able to watch, read, listen and link to Jones, and people will still be able to make videos and podcasts <em>about</em> Jones&rsquo;s ideas (unless they themselves violate the platforms&rsquo; rules).</p>

<p>But it will be considerably harder for Jones and his ideas to make it to casual, mainstream viewers and listeners. Videos will be more cumbersome to find, share and embed, and will no longer appear in YouTube and Facebook&rsquo;s discovery engines. The bans &mdash;&nbsp;as intended &mdash; will almost certainly limit his reach.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<author>
				<name>Rani Molla</name>
			</author>
			
			<title type="html"><![CDATA[It’s official: Apple is the first U.S. public company to reach a $1 trillion market value]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/8/2/17644254/apple-trillion-dollar-market-value-tim-cook-buybacks" />
			<id>https://www.vox.com/2018/8/2/17644254/apple-trillion-dollar-market-value-tim-cook-buybacks</id>
			<updated>2018-08-02T14:44:27-04:00</updated>
			<published>2018-08-02T12:17:34-04:00</published>
			<category scheme="https://www.vox.com" term="Apple" /><category scheme="https://www.vox.com" term="Big Tech" /><category scheme="https://www.vox.com" term="Influence" /><category scheme="https://www.vox.com" term="Technology" /><category scheme="https://www.vox.com" term="Tim Cook" />
							<summary type="html"><![CDATA[It&#8217;s perhaps a meaningless milestone, but humans love big, round numbers. And when Apple&#8217;s share price hit $207.05 today, it became the first U.S. public company to reach a $1 trillion market capitalization. Not bad for a company that was on the verge of insolvency when its late founder Steve Jobs came back to rescue [&#8230;]]]></summary>
			
							<content type="html">
											<![CDATA[

						
<figure>

<img alt="" data-caption="" data-portal-copyright="Justin Sullivan / Getty" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/11912735/869820016.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
		</figcaption>
</figure>
<p>It&rsquo;s perhaps a meaningless milestone, but humans love big, round numbers. And when Apple&rsquo;s share price hit $207.05 today, it became the first U.S. public company to reach a $1 trillion market capitalization.</p>

<p>Not bad for a company that was on the verge of insolvency when its late founder Steve Jobs came back to rescue it in the late 1990s, launching a series of products &mdash;&nbsp;the iMac, iPhone and iPad &mdash; that changed the company <a href="https://www.recode.net/2017/6/26/15821652/iphone-apple-10-year-anniversary-launch-mobile-stats-smart-phone-steve-jobs">and the world</a>.</p>

<p>Here&rsquo;s a chart of Apple&rsquo;s all-time market value:</p>
<iframe src="//datawrapper.dwcdn.net/IyXlb/4/" frameborder="0" height="500"></iframe>if("undefined"==typeof window.datawrapper)window.datawrapper={};window.datawrapper["IyXlb"]={},window.datawrapper["IyXlb"].embedDeltas={"100":625,"200":550,"300":525,"400":525,"500":500,"700":500,"800":500,"900":500,"1000":500},window.datawrapper["IyXlb"].iframe=document.getElementById("datawrapper-chart-IyXlb"),window.datawrapper["IyXlb"].iframe.style.height=window.datawrapper["IyXlb"].embedDeltas[Math.min(1e3,Math.max(100*Math.floor(window.datawrapper["IyXlb"].iframe.offsetWidth/100),100))]+"px",window.addEventListener("message",function(a){if("undefined"!=typeof a.data["datawrapper-height"])for(var b in a.data["datawrapper-height"])if("IyXlb"==b)window.datawrapper["IyXlb"].iframe.style.height=a.data["datawrapper-height"][b]+"px"});
<p>More recently under CEO Tim Cook, Apple&rsquo;s stock price has risen as the company has <a href="https://www.zerohedge.com/news/2018-08-02/apple-just-became-first-trillion-dollar-company">bought back billions</a> of dollars worth of shares. (More than 60 percent of Apple&rsquo;s market-cap growth has happened since Cook became CEO in 2011.)</p>

<p>But its business is also bigger than ever. Over the past 12 months, Apple generated $255 billion of revenue and $56 billion in profits. It has also reported six quarters in a row of accelerating sales growth, <a href="https://www.recode.net/2018/8/1/17636674/apple-iphone-x-average-selling-price-growth">led recently by the iPhone X</a>, its fast-growing Services business, including the App Store and Apple Music, and its wearables category, which includes the Apple Watch and AirPods.</p>

<p>Can it reach $2 trillion?</p>

<p>That will be tricky, as the smartphone market and the iPhone business &mdash; which has driven most of Apple&rsquo;s growth over the past decade &mdash; has matured. Apple will need to identify and lead one of the next major paradigms of computing &mdash; augmented reality glasses? &mdash; and figure out a business model nearly as good as the iPhone&rsquo;s. Good luck!</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[What’s really driving Apple’s growth?]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/8/1/17636674/apple-iphone-x-average-selling-price-growth" />
			<id>https://www.vox.com/2018/8/1/17636674/apple-iphone-x-average-selling-price-growth</id>
			<updated>2018-08-01T15:36:14-04:00</updated>
			<published>2018-08-01T10:15:11-04:00</published>
			<category scheme="https://www.vox.com" term="Apple" /><category scheme="https://www.vox.com" term="Big Tech" /><category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[When Apple launched the iPhone X last year, some reviewers balked at its price, which starts at $999. Sure, the phone had some innovative new features, including a gorgeous display and FaceID. But was it worth the price? Two things have become increasingly clear since then, especially in the context of Apple&#8217;s third-quarter results, announced [&#8230;]]]></summary>
			
							<content type="html">
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<figure>

<img alt="" data-caption="Apple’s Jony Ive and Tim Cook at the iPhone X launch in 2017 | Justin Sullivan / Getty" data-portal-copyright="Justin Sullivan / Getty" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/11906047/846152428.jpg.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
	Apple’s Jony Ive and Tim Cook at the iPhone X launch in 2017 | Justin Sullivan / Getty	</figcaption>
</figure>
<p>When Apple launched the iPhone X last year, some reviewers balked at its price, which starts at $999. Sure, the phone had some innovative new features, including a gorgeous display and FaceID. But was it worth the price?</p>

<p>Two things have become increasingly clear since then, especially in the context of Apple&rsquo;s third-quarter results, <a href="https://www.apple.com/newsroom/2018/07/apple-reports-third-quarter-results/">announced yesterday</a>:</p>
<ul class="wp-block-list"><li>The iPhone X wasn’t enough to <a href="https://www.recode.net/2018/5/1/17308756/apple-aapl-earnings-q2-2018-iphone-revenue-shipment">drive a “super cycle” of new and upgrading buyers</a>, as many analysts had speculated before its launch. iPhone shipments haven’t taken off like a rocket.</li><li>The higher price tag has been successful enough to significantly increase the iPhone’s average selling price — and generate the majority of Apple’s recent revenue growth.</li></ul>
<p>Last quarter, iPhone buyers spent an average $724 for their phone. That&rsquo;s up almost $120 from a year ago, or roughly 20 percent more expensive.</p>
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<p>That reflects the success of the iPhone X &mdash; &ldquo;the most popular iPhone in the quarter once again,&rdquo; Apple CEO Tim Cook said on the company&rsquo;s earnings call &mdash; and perhaps some customers buying up to higher-priced iPhones with more storage to hold more photos, video and music.</p>

<p>(It&rsquo;s also worth noting that many &mdash; if not most &mdash; buyers aren&rsquo;t spending the full amount up front. Many pay off the iPhone&rsquo;s price in installment plans, so the increased price tag looks more like $10 a month than $120 all at once.)</p>

<p>Still, it was enough to drive Apple&rsquo;s iPhone revenue up 20 percent last quarter, to nearly $30 billion &mdash; despite shipment growth of less than 1 percent, to 41.3 million iPhones. Indeed, this is a trend Apple has been riding since the iPhone X launch: Revenue growth has significantly surpassed shipment growth.</p>
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<p>And that&rsquo;s been enough to drive the majority of Apple&rsquo;s growth, which has accelerated for the past six quarters &mdash; pushing Apple within striking distance of becoming the first company worth $1 trillion.</p>

<p>Many have lauded Apple&rsquo;s &ldquo;Services&rdquo; business &mdash;&nbsp;the App Store, Apple Music, iCloud, etc. &mdash;&nbsp;and its &ldquo;Other products&rdquo; segment &mdash;&nbsp;Apple Watch, AirPods, Beats headphones, etc. &mdash;&nbsp;as its growth drivers. And indeed, percentage-wise, those were Apple&rsquo;s fastest-growing categories again last quarter. &ldquo;Other products&rdquo; grew 37 percent year over year last quarter, while &ldquo;Services&rdquo; grew 31 percent.</p>

<p>But the iPhone category added the most revenue by far, up more than $5 billion, and the majority of Apple&rsquo;s $7.9 billion of new revenue in the quarter.</p>
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<p>This could change again when Apple introduces new iPhones, likely next month. Will cheaper models start to take back more of the mix?</p>

<p>But for now, the iPhone X is working well for Apple. And, apparently, for customers: Cook cited a 98 percent satisfaction score.</p>
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<p><small><em>This article originally appeared on Recode.net.</em></small></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Dan Frommer</name>
			</author>
			
			<title type="html"><![CDATA[Afternoon tea with Sir James Dyson]]></title>
			<link rel="alternate" type="text/html" href="https://www.vox.com/2018/6/16/17114742/james-dyson-design-technology-vacuum-interview" />
			<id>https://www.vox.com/2018/6/16/17114742/james-dyson-design-technology-vacuum-interview</id>
			<updated>2018-06-16T12:15:56-04:00</updated>
			<published>2018-06-16T07:00:01-04:00</published>
			<category scheme="https://www.vox.com" term="Technology" />
							<summary type="html"><![CDATA[It is rare but refreshing when a top technology executive can explain how their product actually works. Steve Jobs, the late Apple founder, was great at this &#8212; the pitchman who could explain deeply why a new device was special; the specific engineering or design trick that made it work like magic. Watching Dyson founder [&#8230;]]]></summary>
			
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											<![CDATA[

						
<figure>

<img alt="" data-caption="Sir James Dyson unveils the new Cyclone V10 vacuum in New York. | Mike Vitelli/BFA.com" data-portal-copyright="Mike Vitelli/BFA.com" data-has-syndication-rights="1" src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/10847395/James_Dyson_March6_NYC.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
	Sir James Dyson unveils the new Cyclone V10 vacuum in New York. | Mike Vitelli/BFA.com	</figcaption>
</figure>
<p class="is-lead has-drop-cap">It is rare but refreshing when a top technology executive can explain how their product actually works.</p>

<p>Steve Jobs, the late Apple founder, was great at this &mdash; the pitchman who could explain deeply <em>why</em> a new device was special; the specific engineering or design trick that made it work like magic.</p>

<p>Watching Dyson founder James Dyson unveil another sort of gadget &mdash;&nbsp;<a href="https://www.curbed.com/2018/3/7/17087026/new-dyson-cordless-vacuum-air-purifier-cyclone-v10-pure-cool">his company&rsquo;s latest vacuum cleaner, the Cyclone V10</a> &mdash; earlier this spring in New York conjured a similar feeling. In another Jobsian move, the legendary inventor Dyson says he&rsquo;s managed to create a handheld, battery-powered vacuum so powerful that he&rsquo;s no longer investing in developing new vacuums with cords.</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/11546633/cyclone_v10.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="Dyson Cyclone V10" title="Dyson Cyclone V10" data-has-syndication-rights="1" data-caption="The Cyclone V10 | Dyson" data-portal-copyright="Dyson" />
<p>In this case, it&rsquo;s because the tiny, precise, digital, electric motor, which weighs 125 grams, uses &ldquo;secret&rdquo; magnet technology and spins 125,000 times per minute, its turbine blades developed in the same lab as those for Rolls Royce.</p>

<p>And it&rsquo;s good enough to usher in, as Dyson says, a new &ldquo;genre&rdquo; of vacuum &mdash; reminiscent to this technology writer of the transition from desktop to laptop, or PC to smartphone.</p>

<p>&ldquo;We believe this is the future, and this is the way you should clean your home in the future,&rdquo; he tells an audience gathered in a studio space in Manhattan&rsquo;s Greenwich Village. &ldquo;It&rsquo;s quite a brave step for us, but we think we&rsquo;re doing the right thing.&rdquo;</p>
<div class="youtube-embed"><iframe title="James Dyson unveils the Dyson Cyclone V10™ cordless vacuum in New York" src="https://www.youtube.com/embed/23FYE9e9SoA?rel=0" allowfullscreen allow="accelerometer *; clipboard-write *; encrypted-media *; gyroscope *; picture-in-picture *; web-share *;"></iframe></div>
<p>Later, over smoky lapsang souchong tea in a Midtown hotel lobby, Dyson spoke with <strong>Recode</strong> about our changing relationship with our devices, how he balances a gadget&rsquo;s capabilities with its cost, which part of an electric car he doesn&rsquo;t want to make, and about those Dyson &ldquo;blade&rdquo; hand dryers. What follows is a transcript of our conversation, condensed and lightly edited.</p>

<p><strong>Dan Frommer, Recode: What did you learn making these latest products?</strong></p>

<p><strong>Sir James Dyson:</strong> Technology is now moving so fast and is becoming ever more complex. Even we, who started off as hardware engineers, now employ more software engineers than hardware engineers. And vision systems people, artificial intelligence people, robotics people. We now have five times the number of engineers to do a product than we were doing 10 years ago. It&rsquo;s a massive change.</p>

<p><strong>Dyson strikes me as a company that uses hardware industrial design as its main competitive advantage. Do you also need to be doing your own machine-learning software?</strong></p>

<p>Yes. Things like voice recognition &mdash;&nbsp;we wouldn&rsquo;t attempt to do that. But interpretation of vision &mdash; what you see with the camera &mdash; we are doing. We think that&rsquo;s key for us.</p>

<p>We think batteries are key for us. And robotics. And with the car, there are certain technologies that we&rsquo;re doing ourselves and it&rsquo;s certain that we&rsquo;re buying in. The thing is to be selective and to choose the ones which are really, really important to you and which you can make a real difference. And then buy or direct others in.</p>

<p><strong>What&rsquo;s your job now? How involved are you in developing new products?</strong></p>

<p>That&rsquo;s what I do. In the beginning, I did everything &mdash;&nbsp;I was on my own, building those 5,127 prototypes, every day. That&rsquo;s what I was doing, totally hands on, making them myself, testing them myself, and coming in at the end of the day covered in dust.</p>

<p>As we&rsquo;ve gradually become successful and now have 5,000 engineers. I&rsquo;m obviously not the person making the prototypes, and most of the time I&rsquo;m not the person coming up with the ideas. My role is that of a sort of old tutor, a slightly grumpy old tutor, going around, saying what he likes and what he doesn&rsquo;t like, and listening to their ideas and encouraging them.</p>

<p>The people are very young, by the way, I&rsquo;ve really exclusively recruited graduates, and now undergraduates &mdash; because <a href="https://www.dysoninstitute.com/">we now have a university</a> &mdash; and I find working with people who haven&rsquo;t got experience much more exciting than working with people who have got experience.</p>

<p>Experienced people always say why it can&rsquo;t be done or how it should be done. And I want people to be pioneering and do all sorts of wrong things and make mistakes and understand from their mistakes what could be possible.</p>

<p>I have very little to do with sales. I have a little bit to do with marketing.</p>

<p>I think it&rsquo;s important &mdash; if you&rsquo;re making those sort of decisions in front of the engineers &mdash; to explain why people will like that thing or why people won&rsquo;t like that thing. And also to make sure the marketing people say the right things about it. And don&rsquo;t get carried away with thinking that the brand&rsquo;s going to carry it through. The performance of the product is what carries it through, not the brand. I hate the word brand. It&rsquo;s banned from our building.</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/11546187/emptying_dyson_v10.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="Emptying the Dyson Cyclone V10" title="Emptying the Dyson Cyclone V10" data-has-syndication-rights="1" data-caption="Emptying the Dyson Cyclone V10 | Dyson" data-portal-copyright="Dyson" />
<p><strong>In your demo, you called extra attention to the specific, clever task of <em>emptying</em> your new vacuum. Why?</strong></p>

<p>We feel quite vulnerable on that point. If the dirt goes into a bag, in theory, it&rsquo;s sealed in the bag. It isn&rsquo;t, but that&rsquo;s what they claim.</p>

<p>So emptying a bagless vacuum cleaner is, in theory, a slightly messy task. We&rsquo;ve wanted to overcome that issue for quite a long time. And I think we&rsquo;ve gone quite a long way to overcoming it. So I wanted to explain that in some detail.</p>

<p><strong>Dyson products are not cheap. How do you balance design and functionality versus cost?</strong></p>

<p>Cost? We don&rsquo;t worry about the cost! No, I&rsquo;m joking. I&rsquo;m really joking.</p>

<p>I&rsquo;ll tell you what I don&rsquo;t do. I don&rsquo;t design down to a price. You can say that&rsquo;s my undoing.</p>

<p>Inevitably what we&rsquo;re doing costs more and is usually more expensive than what other people are doing. But. A lot of the time you have to make a decision about, &ldquo;Do I include that?&rdquo; &ldquo;Do I not include that?&rdquo; &ldquo;Can I afford that?&rdquo; &ldquo;Can other people afford that?&rdquo; And we know that if we add a dollar to the production cost, you&rsquo;re adding many more dollars to the price in the shop.&nbsp;</p>
<figure class="wp-block-pullquote alignleft"><blockquote><p>I’ll tell you what I don’t do. I don’t design down to a price.</p></blockquote></figure>
<p>I&rsquo;m sure we get it wrong half the time or three quarters of the time &mdash; our products are too expensive. But that&rsquo;s what they are. That&rsquo;s what we wanted to make and that&rsquo;s what it is. And, of course, you can buy one that&rsquo;s cheaper if you want to. And a lot of people do.</p>

<p><strong>How is our relationship with devices changing?</strong></p>

<p>It&rsquo;s going to have to change, and it will change a lot. They&rsquo;re going to get incredibly complex &mdash; sensors, cameras, artificial intelligence, machine learning. All of this is going to make products very powerful and do extraordinary things. It&rsquo;s happening. We have the technology now, we can see it happening.</p>

<p>But what we don&rsquo;t want to do is make them complex and difficult for people to operate. I don&rsquo;t want for people to have to reach for an app to make it work, or to reach for a remote control, which would be wholly inadequate anyway. So I&rsquo;m for automating things so these things just happen for you.</p>

<p><strong>What parts of the home do you think will become automated? And how is our relationship to our home going to change?</strong></p>

<p>Lights are going to get very interesting because of your circadian rhythm and that kind of thing. That whole thing is going to change. The idea that you come in and switch on the light is in the past. You don&rsquo;t need that, so you can save the light switch. That&rsquo;s an obvious, crude example.</p>

<p>But I think people are becoming acutely aware that humidity, dryness, it&rsquo;s important to control that. It&rsquo;s obviously important to control all the things that make smell and pollution in the home. Floorboards create formaldehyde.</p>

<p>Dealing with hidden things and making the home a really safe place that reacts to you and monitors your health and keeps you in the best possible health. Home isn&rsquo;t just going to be a place that keeps you dry and warm. It&rsquo;s going to be a lot more.</p>

<p><strong>How do you sell design in an era of great uncertainty?</strong></p>

<p>I&rsquo;m old enough not quite to remember the second World War, but certainly the Cuban Missile Crisis and the whole Cold War, so I think now is actually quite a calm time, in spite of what everyone is saying.</p>
<figure class="wp-block-pullquote alignleft"><blockquote><p>Home isn’t just going to be a place that keeps you dry and warm. It’s going to be a lot more.</p></blockquote></figure>
<p><strong>How do you think about which new product markets to enter?</strong></p>

<p>Not very intelligently! We think more about the product.</p>

<p>We had the idea for a hand dryer at a time when we were making products entirely for the home. We didn&rsquo;t do any market research, we just did it because we thought it was a better hand dryer. And it was difficult because you don&rsquo;t sell it how we normally sell things. You have to go and sell it to architects or B2B.</p>

<p>We were actually developing air knives &mdash; a very thin blade of air coming out at a very fast speed is called an air knife. They&rsquo;re used for various drying applications in industry, or as a gate &mdash; you can make an artificial door with an air knife. There&rsquo;s nothing new about air knives.</p>

<p>But we were playing around with one for a particular job and we ran it across our hands and discovered it scraped the water off our hands. And so we thought: That&rsquo;s very interesting. Because a hot-air hand dryer uses a vast amount of heat &mdash; I mean, they&rsquo;re 3 kilowatts &mdash; and they&rsquo;re trying to evaporate the water off your hands. In the process, they&rsquo;re using a lot of energy. It takes a long time, and also it&rsquo;s not good for your skin.</p>

<p>So we realized with this blade of cold air that we would use very little energy and we would&rsquo;t harm your skin and we&rsquo;d do it very much quicker. So we said: Right, we&rsquo;ve got to do a hand dryer. We just produced it and started selling it. And of course we made terrible mistakes.</p>

<p><strong>There&rsquo;s a sort-of cult of people who really feel &#8230; weird &#8230; about Dyson hand dryers. Some guys I know even tweet photos of them at each other as an in-joke.</strong></p>

<p>I mean, the problem is that it&rsquo;s not obvious how to use it. That&rsquo;s the trouble. They&rsquo;re used to this tube that&rsquo;s blowing air at your hands and you&rsquo;re supposed to rub your hands. Ours you have to use in a particular way to get the blade to work effectively.</p>
<img src="https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/11546223/dyson_wash_dry.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" alt="Dyson’s “Wash+Dry” tap" title="Dyson’s “Wash+Dry” tap" data-has-syndication-rights="1" data-caption="Dyson’s “Wash+Dry” tap | Dyson / Screenshot" data-portal-copyright="Dyson / Screenshot" />
<p>But the one I really like is the tap. Because you go into the washroom and you&rsquo;ve got the tap and the dryer that&rsquo;s part of the same device, and you can stand there and do it all there and then get the hell out. Whereas the other ones, you have to go and wash your hands and then drip across to the dryer, or queue for the dryer.</p>

<p>And also the water that comes off your hands goes onto the wall or onto the floor with a normal hand dryer. But with the tap, it&rsquo;s all going into the basin. And when the water turns on, it&rsquo;s actually flushing out the basin. So it&rsquo;s a very good thing. But it&rsquo;s difficult to get facilities providers to fit it. It&rsquo;s been very slow to take off.</p>

<p>The hair dryer is quite interesting because that&rsquo;s a weird market for us to go into &mdash;&nbsp;beauty and personal care. What on earth is a vacuum cleaner company doing going into beauty and personal care? It&rsquo;s a mad idea.</p>

<p>But we had the motor. We had the technology. So we went into personal care, which is a very different thing. You have to go into beauty salons and hair salons and talk to people. We&rsquo;ve got a hair salon in our own shop just around the corner. So it&rsquo;s a very odd thing for us to do. But we did it because we had the right technology.&nbsp;</p>

<p>Funny enough, <a href="https://www.theverge.com/2018/2/14/17013694/dyson-electric-car-lineup">the car</a> is the same thing. We&rsquo;ve got what we think are the right technologies.</p>

<p>We suddenly realized we&rsquo;re developers of electric motors. Air flow is really a key thing of ours, because we develop turbines, and of course the fans &mdash; they&rsquo;re all about air flow. And not sort of crude air flow, very subtle air flow around all those shapes &mdash; creating something out of nothing, that&rsquo;s what that is doing.</p>

<p>We&rsquo;ve been developing batteries for five years. Not specifically for cars, but last year we sold 100 million cells. We&rsquo;re a big, big consumer of batteries. So electric motors, batteries, air purification and air temperature, and circulation is a key thing of ours. And robotics and vision systems and interpretation of images and what&rsquo;s going on. And apart from the chassis, that&rsquo;s a car. We won&rsquo;t make tires, but we will make a chassis.</p>

<p><strong>What companies do you look up to?</strong></p>

<p>I used to enormously look up to Sony in the early and mid &rsquo;80s. The Walkman came out and I really admired that, because making a tape recorder that doesn&rsquo;t record takes guts. But he had the vision about that and people suddenly tweaked and off it went. I admired that enormously. Almost everything they did then was magic and great.</p>

<p>And when Akio Morita died, they lost their way a bit, I think. They&rsquo;re still a great company &mdash;&nbsp;they&rsquo;re one of our battery suppliers and we work with them on that.</p>

<p class="has-end-mark">I mean, anyone, really, who introduces new technology and bravely pioneers things, I admire that.</p>

<p><small><em>This article originally appeared on Recode.net.</em></small></p>
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