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A native Apple Silicon edition of video editing software Adobe Premiere Pro is now available as a public beta. Following its December 2020 limited beta release, an Apple Silicon M1 native edition of Adobe Premiere Pro has entered public beta. Since Premiere Pro is built on a large codebase with support for a wide range of media and workflows, announced the company in a blog post, we will implement native support for Apple M1 in phases and some parts have not been ported yet. This phased approach allows us to validate performance and functionality for specific parts of the application before we add new components, it continues. And it also allows you to start seeing the benefits now. ....
The global semiconductor shortage wreaking havoc on industries across the globe could last until 2022 before supply begins to meet demand, though Apple could avoid the worst of it. Largely caused by a spike in demand for consumer technology during the coronavirus pandemic and other factors, the global chip shortage is causing automotive plants to shut down and smartphone makers to reevaluate release plans. GlobalFoundries, the third largest chip foundry in the world, said Friday it was planning to invest $1.4 billion to ramp up production capacity in an effort to address the issue. According to CNBC, it may not make a different until 2022 or later. ....
The U.S. plans to enact new retaliatory tariffs on nations that tax digital goods from American internet companies, including those that tax App Store purchases. The Office of the United States Trade Representative (USTR) has proposed tariffs that are approximately equal to taxes that various countries are requiring of international tech companies. Bloomberg estimates that the total annual value of the duties reaches $880 million. The USTR s retaliatory tariffs would tax imports as much as 25% annually from a list of countries that includes the U.K, India, Spain, Italy, Turkey, and Austria. The countries currently charge anywhere from a 2% to 5% tariff on digital-services revenue for various online activities. Details vary by country but apply to income from online areas like digital marketplaces, advertising, software-as-a-service, social media, and search engines. ....
LG is to close its entire mobile business unit by July 31, and concentrate instead on components, connected devices, and smart homes. As expected following a $4.4 billion loss in 2020, LG has announced that it is to abandon the smartphone market. Other than what it describes as inventory of some existing models, all LG smartphones will cease to be sold after July 31. LG Electronics Inc. (LG) announced that it is closing its mobile business unit, said the company in a statement. The decision was approved by its board of directors earlier today. LG s strategic decision to exit the incredibly competitive mobile phone sector, it continued, will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services. ....
Facebook is refusing to produce additional documents in the Epic Games versus Apple App Store legal dispute despite continued requests from the iPhone maker. ....