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Apple Reveals Four iPhone 12 Models, Heralding ‘New Era’ for 5G Technology

Apple Reveals Four iPhone 12 Models, Heralding ‘New Era’ for 5G Technology

Apple Inc.


AAPL -2.65%

unveiled a new iPhone Tuesday capable of connecting to a much faster 5G cellular network, which investors are betting will spur strong demand.

Chief Executive Tim Cook stood at the company’s Cupertino, Calif., headquarters to begin the webcast, streamed on Apple’s website—a visual reminder of how the tech giant’s latest flagship-product introduction differs from previous ones because of the coronavirus pandemic, which closed businesses and left people sheltering at home around the world for much of this year.

The iPhone 12 offered a new physical appearance from last year’s smartphone, moving from a rounded design to a flatter-edged look reminiscent of the iPhone 4. Apple revealed four versions of the phones ranging in sizes and starting in price from $699 for the iPhone 12 Mini with a 5.4-inch display. The iPhone 12 Pro Max has a 6.7-inch display, an increase from 6.5 inches; the higher-end versions emphasize the camera abilities.

The newest iPhone designs move away from the rounded shape of recent models toward a flatter-edged look akin to the iPhone 4. The iPhone 12 Pro and Pro Max, unveiled Tuesday.



Photo:

APPLE

The greatest hype going into the event, however, has been about the device’s 5G capability. Apple’s adoption of the next-generation wireless standard places intense focus on the new technology that has been years in the making. Cellular network carriers have been scrambling to roll out 5G service across the U.S., but coverage remains spotty in the country and it isn’t clear yet whether customers will want it.

“Today is the beginning of a new era for iPhone,” Mr. Cook said.

Shares slipped as the event took place, which has occurred with previous Apple events, before rebounding. With few people familiar with the new cellular service, Mr. Cook made an effort to describe why

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New Study Reveals 450% Surge in Consumers Texting Main Street Businesses, Restaurants and Salons During COVID-19 Pandemic

New Study Reveals 450% Surge in Consumers Texting Main Street Businesses, Restaurants and Salons During COVID-19 Pandemic

Numa research sees significant boost in conversational commerce

Numa, a leading answering service powered by artificial intelligence (AI) that ensures businesses never miss a call or text, today released its latest research on consumer engagement with Main Street businesses. Its infographic, “COVID-19 Changes How Customers Shop at Main Street Businesses,” illustrates surging demand for conversational commerce among consumers and how businesses are evolving communications to service customers in stores and off premises.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005156/en/

STUDY REVEALS 450% SURGE IN CONSUMERS TEXTING MAIN STREET BUSINESSES, RESTAURANTS AND SALONS DURING COVID-19 PANDEMIC. Numa research sees significant boost in conversational commerce. (Graphic: Business Wire)

“Our data, based on actual product usage data from small and medium-sized companies, indicates a shift in customer behavior prompted in large part by the global pandemic and shuttering of businesses,” said Numa Founder and CEO Tasso Roumeliotis. “Even before the crisis, customers had shown a preference for texting with businesses in addition to calling, but over the last several months there has been a dramatic increase in virtual engagement and a desire to communicate across multiple channels.”

Businesses today are not only struggling to meet consumer demand but also to adapt to new operational requirements that bring contactless solutions into the equation. With 98% of all text messages opened and 95% responded to within 3 minutes of being delivered, texting is one of the easiest and most immediate ways for businesses to strengthen consumer relationships—even from afar. Add to that the ability to accommodate curbside pickup and 24/7 communication, which mitigates the impact of limited staff and time away from stores, and businesses immediately possess powerful tools to take them beyond surviving to thriving.

After a deep analysis of user behavior, Numa findings include an increase in

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Rental market reveals UK divide between affluent and deprived areas | Money

Rental market reveals UK divide between affluent and deprived areas | Money

Britain’s rental market has diverged since reopening after the Covid-19 lockdown, with the number of homes in affluent areas being let increasing, while activity in deprived neighbourhoods has sharply dropped.

Research by Hamptons International showed that in 10% of the wealthiest neighbourhoods, the number of homes let between May and September was up by 1.3% on last year. Meanwhile, new instructions rose by 4%.

In contrast, in the bottom 10% instructions fell by 17.7% over the year, and the number of homes let was down by 14.8%.

The property firm, which analysed data from its Countrywide agents, said across Great Britain the total number of homes let between May and September 2020 fell by 5.3% compared with the same period in 2019.

The fall in activity could reflect a reduction in people moving to start new jobs, as redundancies rise, as well as an increase in the number of tenants who are not financially in a position to sign a new rental contract.

Aneisha Beveridge, the head of research at Hamptons International, said: “Over the course of the pandemic tenants are more likely to have seen their incomes hit than homeowners. But the economic crisis has also widened divisions within the rental market.”

She added: “Tenants living in the least affluent areas of the country are most likely to have been impacted by the economic crisis and this has made it harder for some renters to move home – typically at a time when they need to prove their income and pass referencing checks.”

The data showed that across Great Britain rents for newly let properties flatlined in September. In inner London, they had dropped by 14.1% since September 2019, and there was also a fall in Wales, but in all other regions landlords were asking more than a year

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First 5 Orange County analysis reveals shortage of child-care options for working families

First 5 Orange County analysis reveals shortage of child-care options for working families

Many of Orange County’s working families face extraordinary difficulties securing childcare, particularly for infants and toddlers, as few licensed spots exist and waiting lists for full-day care options grow longer by the day.

Meanwhile, parents who do manage to find full-time licensed care pay an average of about $15,650 annually for one child and more than $26,000 for two — the latter of which constitutes approximately 26% of their average household income.

Those and other concerning statistics were recently uncovered in an analysis directed by First 5 Orange County’s Children and Families Commission, which found massive shortages in childcare options, especially for children under age 2, and a growing need among parents for affordable care.

Kim Goll, First 5 Orange County president and chief executive, said Tuesday the agency has historically focused on the importance of early brain development in preparing children for kindergarten.

But when the group was recently preparing a strategic plan to chart a course for advocacy and support in the years ahead, childcare came up as an area that could use a closer look.

“We had some early indications the current system wasn’t meeting the needs. We also knew there was a tremendous wait list for subsidized childcare that started to hint at a real problem,” Goll said. “This was our first attempt to really look at what does childare look like?”

A small team of analysts sought to understand the availability and types of care offered in Orange County, as well as the flow of public funding for such programs and key providers and partners within the sector.

Their work was conducted from November to February. That was before the COVID-19 pandemic, when nearly half of countywide childcare providers closed their programs between mid-March and early June, even as essential employees reported to work.

What

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