A Smarter iPhone, Uber and Didi Raising Billions of Dollars, Thursday Q&A

Today's Above Avalon stories: 

  • A Smarter iPhone
  • Uber and Didi Raising Billions of Dollars
  • Thursday Q&A

We kick off today's email by discussing a WSJ article by tech columnist Joanna Stern concerning the iPhone becoming an "empty shell" as Apple apps lose out to competing services. I share my perspective on the current services landscape and how Apple views the situation. The email then turns to news that Uber raised $3.5 billion as Chinese ridesharing company Didi plans an even larger capital raise. I have a number of observations about these developments and their broader impact on the ridesharing industry. We conclude with Thursday Q&A (questions from Above Avalon members). This week's questions:

  • Why would Apple need to buy stakes in ridesharing companies when there wasn't a need to invest in mobile carriers when launching the iPhone?
  • Is Google trying to be more like Snapchat with Instant Apps considering their ephemeral nature?
  • Do you think Elon Musk would sell Tesla?

These stories are available for Above Avalon members. To continue reading, click here.


Become an Above Avalon member to read today's stories and receive future stories in a daily email containing 2-3 stories (10-12 stories/week). You can use the payment forms/links below to sign up ($10/month or $100/year). For more information on membership, click here