Summary
Apple's new foldable iPhone, the iPhone Duo, launches today, attracting attention for its hefty price tag and mixed reviews. Early testers have praised its robust construction, managing to withstand extensive folding without significant wear. However, concerns arise over its weight and some unexpected design flaws, such as the absence of Face ID and overheating issues. Despite these drawbacks, initial demand appears strong, with online orders selling out quickly and in-store availability limited.
In a significant legislative move, the New York City Council votes to ban horse-drawn carriages in Central Park by June 2028, a decision welcomed by animal rights activists but met with outrage from carriage drivers. This ban follows a tragic incident involving a tourist and has reignited long-standing debates over animal welfare in the industry. The council now faces the challenge of addressing the livelihoods of those affected and finding suitable homes for the horses.
In the luxury sector, recent protests in France have led to vandalism and looting of high-end stores, highlighting growing public discontent with economic inequality. Major brands like Louis Vuitton and Hermes have been targeted, prompting companies to enhance security measures. This unrest coincides with a downturn in luxury sales, particularly in China, where domestic brands are emerging as competitors. As the holiday shopping season approaches, the luxury industry faces mounting challenges amid ongoing social unrest.
Show Notes
#961: The iPhone Duo arrives in stores and the public can get their hands on it for $2,000. NYC’s horse carriage ban is raising many questions for the drivers who have to figure out how to maintain their livelihood. With all the data centers being built, the gray paint business is booming. Luxury stores in Paris are suffering due to the violent protests happening across France. Finally, why is nobody hanging out on Friday nights anymore?
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