Post by Dave on Oct 9, 2020 2:38:58 GMT -8
It’s Friday and the pre-market is up a little ar +$0.36 at this moment. How is this week going to end?
French Consumers Encouraged to Stop Spending on New Smartphones
Apple Extends Free TV+ Subscriptions Through February
French Consumers Encouraged to Stop Spending on New Smartphones
Bloomberg) -- France is preparing incentives for consumers to shift spending habits to used electronics, in an attempt to lower the impact on the environment and provide a boost to local ecommerce startups.
The government said it will deploy a scoring system on devices’ re-usability from January, and will set aside 21 million euros ($25 million) from its stimulus plan to fund re-usability startups and projects.
Environment minister Barbara Pompili and her colleague for Digital Affairs, Cedric O, told Bloomberg that the government is in talks to boost second-hand purchasing, but didn’t detail the plans which are still being finalized. O said a new form of tax on goods was unlikely because companies would shift the cost on consumers.
(Read More: Porsche, Ferrari Cars Face $59,000 Gas Guzzlers Tax in France)
“We want to incite people who want to buy a handset to think first about refurbished ones,” Pompili said.
The government said it will deploy a scoring system on devices’ re-usability from January, and will set aside 21 million euros ($25 million) from its stimulus plan to fund re-usability startups and projects.
Environment minister Barbara Pompili and her colleague for Digital Affairs, Cedric O, told Bloomberg that the government is in talks to boost second-hand purchasing, but didn’t detail the plans which are still being finalized. O said a new form of tax on goods was unlikely because companies would shift the cost on consumers.
(Read More: Porsche, Ferrari Cars Face $59,000 Gas Guzzlers Tax in France)
“We want to incite people who want to buy a handset to think first about refurbished ones,” Pompili said.
Apple Extends Free TV+ Subscriptions Through February
Apple Inc (NASDAQ: AAPL) is extending some Apple TV+ subscriptions, set to expire in the coming three months, through their billing date in February, TechCrunch reported Thursday.
What Happened: The subscriptions, valid for a year, were bundled with Apple TV+ purchases last year and were set to expire in November.
Subscribers, who join before Nov. 1, will get a $4.99 credit — the current monthly cost of the service — for November, December, and January, as per TechCrunch.
Why It Matters: Apple TV+ launched November last year, and the consumer electronics company has been constantly looking to improve the content to match rivals like Netflix, Inc (NASDAQ: NFLX), Amazon.com Inc's (NASDAQ: AMZN) Prime Video, and the Walt Disney Company's (NYSE: DIS) Disney+.
What Happened: The subscriptions, valid for a year, were bundled with Apple TV+ purchases last year and were set to expire in November.
Subscribers, who join before Nov. 1, will get a $4.99 credit — the current monthly cost of the service — for November, December, and January, as per TechCrunch.
Why It Matters: Apple TV+ launched November last year, and the consumer electronics company has been constantly looking to improve the content to match rivals like Netflix, Inc (NASDAQ: NFLX), Amazon.com Inc's (NASDAQ: AMZN) Prime Video, and the Walt Disney Company's (NYSE: DIS) Disney+.