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October 10th - According to sources within Apples supply chain, Apple has made structural adjustments to its fall 2026 smartphone order volume: increasing orders for the iPhone Duo by 30%, but the total still does not exceed 10 million units; cutting orders for the iPhone 18 Pro by 10%-15%, while increasing orders for the iPhone 18 Pro Max by 10%-15%, with the total order volume for the iPhone 18 Pro series remaining unchanged. "This means sales are shifting towards higher-value products, so overall its beneficial to the performance of Apples supply chain companies," said an Apple supply chain source.The U.S. National Hurricane Center: "Simon" has been classified as a Category 4 hurricane.October 10th - Panamas National Civil Defense System issued an updated statement on October 9th, local time. As of now, there are no reports of deaths or missing persons from the earthquake that struck Panama on the 9th. The earthquake has caused minor injuries to 27 people. Buildings, bridges, and roads were damaged in several provinces and cities, including Veraguas and Coclay, and power outages occurred in some areas. At 12:56 PM local time on October 9th, a 7.6 magnitude earthquake struck Panama, with strong tremors felt in the capital, Panama City, and other areas. Shortly after the earthquake, several aftershocks of magnitude 5 or higher occurred. According to two official announcements from the Panama Canal Authority, the earthquake and subsequent aftershocks did not affect the normal operation of the Panama Canal, and ship traffic remained normal.October 10th - TrendForces latest "2027 Infrared Sensing and Optical Communication Market Trends" report indicates that with the rapid growth in demand for scale-up (vertical expansion) network transmission within data centers, VCSEL NPOs are gaining attention due to their advantages such as low power consumption, high maintenance flexibility, and a relatively mature supply chain, with major manufacturers investing in their research and development. From 2027 to 2028, numerous VCSEL NPO solutions will emerge in the market. Coupled with the demand for short-range optical transceiver modules, the VCSEL market demand is projected to reach 650 million units by 2031, with a compound annual growth rate of 38% from 2025 to 2031.US President Trump: (When asked about hurricane preparations) Everything is under control.

Reddit Plans An IPO For The Second Half of 2023, According to The Information

Charlie Brooks

Feb 15, 2023 11:19

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Reddit Inc plans to go public later this year, most likely in the second half, the Information reported on Tuesday, citing sources familiar with the situation.


Reddit and other companies, like Instacart, are keeping their initial public offering documentation current in preparation for their debuts when market circumstances improve, according to the article.


Reddit failed to react promptly to Reuters' request for comment.


As a result of a selloff in high-growth technology firms and instability in the capital markets, investor confidence deteriorated and the IPO market came to a virtual stop in 2017.


Reddit filed confidentially for an IPO with the U.S. securities commission in December 2021, after the company's message boards became the go-to destination for day traders amid the meme stock craze.