Morning Brew Daily Why Apple's Stock Just Tanked & Workers Are Unhappier Than Ever
Sep 8, 2023
Discover how a recent iPhone ban in China is dragging down Apple's stock. Explore the alarming rise in worker dissatisfaction in the U.S. and its implications for the tech industry. Learn about the backlash against return-to-office mandates and its effect on talent retention. Hear about Elon Musk's controversial Starlink decisions during the war in Ukraine. Delve into Soho House's success and the rising influence of AI in music, alongside the humor of Yelp's most photographed restaurants.
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US Open Protest
- Toby Howell attended the U.S. Open and witnessed climate protesters interrupting the match.
- One protester glued his feet to the ground, and attendees used their iPhones to zoom in, creating an unintentional Apple ad.
Apple's China Trouble
- Apple's stock dropped due to a reported iPhone ban in Chinese government departments and state companies.
- This ban and Huawei's surprise release of an advanced 5G phone are hurting Apple's prospects in China.
Huawei's 5G Surprise
- Huawei's new 5G phone, the Mate 60 Pro, shocked the industry as it's more advanced than expected.
- This is considered a "Sputnik moment" for China and raises questions about U.S. sanctions effectiveness.