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iPhone 6, iPhone 7 and iPhone 8 May Come Sooner with Faster Apple Replacement Cycle
The United States remains one of the biggest markets for smartphone manufacturers. As more competitors come into the fold without fast turnaround from users, it has been a challenge for Apple to earn more profits and maintain market position. While the company may prefer users to change their devices more frequently, it has not been an easy task. Smartphones in the United States follow a two-year upgrade cycle giving the company $300 earnings.
Brazilian startup Netshow.me closes seed round to offer online concert service for artists
Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and musicians.
Farfetch raises $66 million Series D round
E-commerce website Farfetch.com has received $66 million Series D investment led by Vitruvian, Conde Nast International, Richard Chen from Ceyuan and Advent Ventures.
Understory bags $1.9M in seed round for ground-level weather detection in the US
Madison, US-based weather forecasting and analytics startup Understory bagged $1.9 million in a seed funding round led by True Ventures to build software and a forecasting model that will be able to generate weather data through ground-level observation.