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    World News

    Dow Jones Futures Turn Lower; 6 Top Stocks To Watch In Surging Coronavirus Stock Market Rally – Investor's Business Daily

    June 24, 2020
    1. Dow Jones Futures Turn Lower; 6 Top Stocks To Watch In Surging Coronavirus Stock Market Rally  Investor’s Business Daily
    2. Stock futures fall after Nasdaq Composite notches new record  CNBC
    3. Nasdaq hits new high in longest win streak since December  MSN Money
    4. The Big U.S. Stock Indexes Are Telling Different Stories  The Wall Street Journal
    5. Stocks Jump On China News, Trump Tweet; Apple Hits Record High  Investor’s Business Daily
    6. View Full Coverage on Google News

    Source: Google News | Dow Jones Futures Turn Lower; 6 Top Stocks To Watch In Surging Coronavirus Stock Market Rally – Investor's Business Daily

    Tech News

    Apple’s new Translate app works offline with 11 languages

    June 22, 2020

    Translation is an everyday smartphone task for millions of people, but outside a few minor features, Apple has generally ceded the capability to its rivals. That changes today with a new first-party iOS app called, naturally, Translate, which works with 11 languages, no internet connection required.

    The app is intended for use with speech or short written sentences, not to translate whole web pages or documents. The interface is simple, with a language selector, text field and record button as well as a few extra widgets like favorites and a dictionary.

    At launch Translate will support English, Mandarin Chinese, French, German, Spanish, Italian, Japanese, Korean, Arabic, Portuguese and Russian, with others to come. You simply select a pair of languages and paste or record a snippet of text or audio. The translation should show up immediately.

    There’s also a landscape mode that further simplifies the interface:

    Image Credits: Apple

    The best part is that unlike many translation apps out there, Apple’s is entirely offline, meaning you can use it whether you have a good or bad signal, if you’re out in the middle of nowhere in a country where you don’t get service or if you’re just trying to save data.

    There were no specific release details, so the app will probably appear when you upgrade to iOS 14.

    Source: Tech Crunch Mobiles | Apple’s new Translate app works offline with 11 languages

    Tech News

    Apple unveils iOS 14 with home screen widgets

    June 22, 2020

    During the virtual keynote of WWDC, Apple shared the first details about iOS 14, the next major version of iOS that is going to be released later this year. The most visual change is that the home screen is getting widgets.

    “This year, we spent time rethinking the iconic experience of the iPhone,” SVP of Software Engineering Craig Federighi said. “We’ve rethought some of the core elements of iOS.”

    As you know, iOS already comes with widgets in the Today view — swipe left on the home screen to access widgets. Widgets have been completely redesigned. Some of them take the full width of the device, others can be limited to a small square. You can now have two columns of widgets.

    But widgets are no longer limited to the Today view. You can drag them out of the Today view and drop them on your home screen. There’s also a new widget gallery that lets you add widgets when you’re moving icons around on the home screen.

    Image Credits: Apple

    As for home screen organization, Apple knows that a lot of people have an endless list of icons, making the home screen harder to use. Apple is adding some smart organization features.

    “Today’s home screen is great but as we get more apps we end up with this — lots and lots of pages,” Federighi said.

    At the end of the home screen pages, there’s a new page called the App Library. All the apps that aren’t on your home screen are sorted in automatic categories, such as Apple Arcade.

    The other feature that is going to have an impact on multitasking and the home screen is that you can use picture in picture on the iPhone just like on the iPad. You can keep a video in a corner of the screen and do something else on your phone.

    Image Credits: Apple

    Better group conversations in Messages

    Messages is getting a much-needed update to compete with WhatsApp, Telegram and other popular messaging apps. You can now pin conversations at the top to access them more easily.

    Conversations themselves are getting an upgrade as you can reply to individual messages. You can then tap on the reply to see the conversation as a separate thread. People can mention you and you can filter your notifications to mentions only.

    Each conversation is now more customizable. You can set a photo or an emoji for a conversation. Apple also shows the icons of your contacts in a specific conversation. The most active people get a bigger icon.

    Memoji is getting some new options, such as new hair options, new age options and face covers. There are new Memoji stickers as well, such as a hug sticker, a fist bump sticker and a blushing sticker.

    Other apps

    Apple is also adding new features to Maps. While the U.S. has received updated data, Apple is going to roll out better maps in other countries, based on its own data set. Up next, the U.K., Ireland and Canada will get much more detailed maps. And this is just the first step as the new data set opens up more possibilities.

    “In iOS 14, the Maps team will be working with some of the most trusted brands to bring you guides,” Meg Frost, director Product Design of Apple Maps, said. You’ll soon be able to browse information from AllTrails, Zagat and more sources.

    In some cities, Apple is going to roll out cycling as a transportation mode. It’ll take into consideration elevation. Cycling will be available in New York City, Los Angeles, San Francisco, Shanghai and Beijing at first. For walking directions, you can now say to avoid steps and steep hills.

    For drivers, there will be more features as well, such as EV routing and more information about restricted city centers. And if your car supports CarPlay, there will be more types of apps in the future, such as parking apps, EV charging apps and food-ordering apps.

    Car manufacturers will also be able to let you use your iPhone as a car key. It leverages the U1 chip on the most recent iPhone models. Interestingly, you’ll be able to share your key with a friend by sending it over iMessage.

    Image Credits: Apple

    Redesigned Siri and new Translate app

    While Siri can be hit or miss, Apple is still iterating on the voice assistant. Siri will no longer take over the entire screen when you trigger it. It’ll be a small bubble at the bottom of the screen, which doesn’t obstruct the rest of the screen. Results appear at the top of the screen and appear like a notification.

    You can now ask Siri to send audio messages using iMessage. And if you hate audio messages like me, keyboard dictation has been improved. Your voice is now processed on device, which should help when it comes to speed.

    Siri lets you translate words already, but Apple is going one step further by releasing a Translate app. Like Google Translate, you can have a conversation in two different languages. You can translate from voice-to-text-to-voice. If you rotate your iPhone in landscape mode, each person has one side of the screen.

    App fatigue

    You know that feeling. When your friends ask you to download another app, you don’t want to open the App Store. That’s why Apple is launching App Clips. They are sort of mini apps that you can launch without installing an app. It’s a small part of an app that you can easily share.

    There are many ways to share App Clips. You can launch those apps from the web, from Messages, from Maps, from NFC tags or from QR codes. Get ready to see stickers at cafés, on scooters or in museums. Scan a code or tap your phone on it and you get an app-like experience. If you want to dive deeper, you can download the full app from the App Library.

    More focus on privacy

    Apple is adding a slew of new privacy-centric features. For instance, there’ll be a new dot in the top-right corner to indicate that an app is using or has recently used your microphone or camera. There will be new privacy cards in the App Store description pages to tell you how your data is used before you download an app. Apps will also have to ask before they track you across other apps and websites.

    As always, iOS 14 will be tested over the summer and should be available to everyone in September.

    Image Credits: Apple

    Source: Tech Crunch Mobiles | Apple unveils iOS 14 with home screen widgets

    Startups

    Five days left to save on Early Stage online

    June 22, 2020

    Our inaugural TC Early Stage 2020 event takes place July 21-22, and we’re here to remind you to take advantage of early-bird savings while you still can. The price goes up on June 26, and that means you have just five days left to buy your ticket and keep $50 in your wallet.

    We created TC Early Stage specifically for founders of early-stage startups — from pre-seed through Series A. Attendees can choose from more than 50 sessions that address vital issues that early founders wrestle with as they get their startups off the ground. Each session includes lively, interactive Q&A.

    Experts spanning the startup spectrum will lead sessions on core topics ranging from fundraising, tech stack and growth marketing to term sheet construction, recruitment, product management and PR. You’ve got questions and you’ll get answers at Early Stage — along with actionable tips and advice that you can use to move your startup forward.

    Here’s a small sample of the sessions you’ll find at Early Stage 2020 (check out the agenda here):

    How to build a tech stack that can go the distance — The beautiful flower of your tech stack starts with a seed and a series of decisions. Which fertilizer will you use? How often should you water it? Where can you give it the right amount of sunlight? Every decision you make about your tech stack affects how it will hold up, and evolve, over time. Hear from HappyFunCorp’s co-founder and CEO Ben Schippers and CTO Jon Evans about how you can avoid regretting those decisions.

    How to get your first yes — Fundraising can be a bit like dominoes. Once you get one investor on board, it’s much easier to bring others along for the ride. But getting that first “yes” can be the most difficult part. Hear the dos and don’ts of hyper-early-stage fundraising from Cyan Banister, seed-stage investor and partner at Founders Fund.

    Here’s where you really need to pay attention. We’re limiting each session to 100 people, and it’s a first-come, first-serve situation. If you want to be in a session to get your burning questions answered, buy your ticket now to avoid getting shut out. On the upside, we’ll make videos of all the sessions available on demand after the event.

    TC Early Stage takes place July 21-22, but your shot at an early-bird savings ends in just five days, on June 26. Buy your ticket, secure your $50 savings and get a leg up on moving your business forward!

    Is your company interested in sponsoring TC Early Stage? Contact our sponsorship sales team by filling out this form.


    Source: Tech Crunch Startups | Five days left to save on Early Stage online

    Startups

    3 questions for Lemonade’s IPO

    June 22, 2020

    While we await a fresh IPO filing from heavily backed insurtech startup Lemonade, let’s talk a little more about its public offering.

    Since our first dig into its S-1 filing, TechCrunch has spoken to a number of investors and operators in Lemonade’s space to find out if our initial read was off — were we being too generous or too kind to Lemonade after reading its somewhat complex financial results?


    The Exchange is a daily look at startups and the private markets for Extra Crunch subscribers; use code EXCHANGE to get full access and take 25% off your subscription.


    The short answer is not really, though there are some positive notes and themes worth highlighting. This morning, let’s ask three questions about Lemonade’s IPO filing that will help us understand what’s ahead for the SoftBank-backed unicorn.

    Three questions

    1. How quickly can Lemonade accelerate its rental insurance graduation rate?

    On the theme of things that bode well for Lemonade is its ability to “graduate” customers from low-cost rental insurance to more lucrative products.

    In its S-1 filing, Lemonade noted this fact early on. After stating that a “an entry-level $60 a year [rental] policy [corresponds] to $10,000 of possessions,” the company said that as its customers age, they tend to buy more insurance and sometimes swap rental plans for homeowner policies. Moving from the former to the latter is graduating in the company’s parlance.

    If many customers moved from rental insurance to homeowner insurance while keeping Lemonade as their provider, the company could do very well, as illustrated by this section of its SEC filing:


    Source: Tech Crunch Startups | 3 questions for Lemonade’s IPO

    Startups

    4 enterprise developer trends that will shape 2021

    June 22, 2020

    Technology has dramatically changed over the last decade, and so has how we build and deliver enterprise software.

    Ten years ago, “modern computing” was to rely on teams of network admins managing data centers, running one application per server, deploying monolithic services, through waterfall, manual releases managed by QA and release managers.

    Today, we have multi and hybrid clouds, serverless services, in continuous integration, running infrastructure-as-code.

    SaaS has grown from a nascent 2% of the $450B enterprise software market in 2009, to 23% in 2020 and crossed $100B in revenue. PaaS and IaaS revenue represent another $50B in revenue, expecting to double to $100B by 2022.

    With 77% of the enterprise software market — over $350B in annual revenue — still on legacy and on-premise systems, modern SaaS, PaaS and IaaS eating at the legacy market alone can grow the market 3x-4x over the next decade.

    As the shift to cloud accelerates across the platform and infrastructure layers, here are four trends starting to emerge that will change how we develop and deliver enterprise software for the next decade.

    1. The move to “everything as code”

    Companies are building more dynamic, multiplatform, complex infrastructures than ever. We see the “-aaS” of the application, data, runtime and virtualization layers. Modern architectures are forcing extensibility to work with any number of mixed and matched services.


    Source: Tech Crunch Startups | 4 enterprise developer trends that will shape 2021

    Startups

    Dear Sophie: Will the US suspend H-1Bs and other work visas? How should I prepare?

    June 22, 2020

    Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.

    “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says Sophie Alcorn, a Silicon Valley immigration attorney. “Whether you’re in people ops, a founder or seeking a job in Silicon Valley, I would love to answer your questions in my next column.”

    “Dear Sophie” columns are accessible for Extra Crunch subscribers; use promo code ALCORN to purchase a one- or two-year subscription for 50% off.


    Dear Sophie,

    What in the world is happening with all this immigration breaking news and speculation about H-1Bs and J-1s and L-1s? Are we actually going to see changes?! What should I be doing to prepare?

    — Immigration Doomsday Prepper

    Dear Prepper,

    It is times like these that I sometimes wish I did not have so many incredible, intelligent and informed clients who are capable of utilizing the news for breaking information. Some attorneys are advising everybody with visas to return to the United States ASAP. I don’t know if this will end up being required. As an attorney, it is increasingly important to remember that giving unsolicited advice (especially advice regarding things that have yet to happen) is scary and a huge gamble.


    Source: Tech Crunch Startups | Dear Sophie: Will the US suspend H-1Bs and other work visas? How should I prepare?