Tuesday, February 18
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 18 February 2020
⏱️ 9 minutes
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| 0:00.0 | Good morning from the newsroom of the Financial Times. |
| 0:02.6 | Today is Tuesday, February 18th. |
| 0:05.3 | And this is your F.T. news briefing. |
| 0:08.3 | Apple says the coronavirus will hit iPhone sales this quarter. |
| 0:12.1 | Jeff Bezos pledges $10 billion |
| 0:14.7 | to fight climate change as Amazon faces criticism |
| 0:17.5 | over its own environmental record. |
| 0:20.1 | And the collapse of a startup called Londrap has taken its big name investors to the cleaners. |
| 0:26.0 | Plus Mark Zuckerberg was in Brussels yesterday, presenting Facebook's latest vision of how online content should be regulated, but the EU isn't quite |
| 0:35.2 | buying it. I'm Amy Keene and here's the news you need to start your day. |
| 0:41.6 | The disruption from the deadly coronavirus The |
| 0:43.3 | Disruption from the deadly coronavirus on the world supply chains has claimed the iPhone. |
| 0:49.0 | Apple warned yesterday that the manufacturing upheaval in China will cause its revenues to fall short in the current |
| 0:55.0 | quarter. |
| 0:56.0 | The iPhone maker said it had assumed work would return to normal in China after the New Year |
| 1:00.3 | holiday that ended on February 10th, but instead it was experiencing a slower |
| 1:04.8 | return to normal conditions than it had anticipated, meaning the supply of iPhones will |
| 1:09.7 | be, quote, temporarily constrained. |
| 1:13.0 | Apple operates within a just-in-time supply chain, which relies on hundreds of different |
| 1:17.6 | component providers and manufacturers all over the world. |
| 1:21.8 | One source told the FT that it is so finely tuned that this glitch, or delay, has caught the company |
| 1:27.9 | off guard. |
... |
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