An iPhone 11 Pro? What to expect at Apple’s big event

New York (CNN Business)Apple (AAPL) will likely unveil new iPhones during a closely watched media event on Tuesday but don’t expect anything foldable, 5G capable or radically different from the year before. The decline came as the company grappled with consumers waiting longer to upgrade their smartphones and a trade war denting demand in China, once one of Apple’s most promising markets. If the rumors ahead of this year’s event are true, it may have a hard time reversing this concerning trend. “Apple tends to perform well when it changes the design of the iPhone in a drastic way,” said ABI Research analyst David McQueen, referencing the transition from the iPhone 5S to the iPhone 6. “However, it cannot do …

TikTok’s parent company ByteDance is developing a smartphone

Hong Kong (CNN Business)TikTok owner ByteDance wants more than just your viral short videos it wants to help make the devices you watch them on. The plans come as ByteDance’s popular social media platform TikTok is reeling in impressive user growth and revenue. TikTok users spent a record $10.8 million within the app last month, with US users accounting for more than 20% of in-app purchases, according to data analytics firm Sensor Tower. ByteDance owns more than a dozen apps including news aggregator Jinri Toutiao, trending video platform Top Buzz and selfie app FaceU. The company’s reported valuation of $75 billion makes it the world’s most valuable startup. ByteDance’s global success is based on TikTok, where users share short videos …

Grumpy Cat is dead, but will live on through AI

San Francisco (CNN Business)Grumpy Cat the angry-looking celebrity feline who launched countless internet memes died on Tuesday. The beloved cat leaves behind her owner Tabatha Bundesen, a small empire of books and merchandise bearing her unique face, movie and TV appearances, and millions of Google hits. Grumpy Cat, whose real name was Tardar Sauce, had feline dwarfism; she became Internet famous in September 2012, when her owner’s brother posted images of her on Reddit. People on the platform immediately reacted by posting countless Photoshopped variations of the original. The photo’s Imgur page reached 1,030,000 views in its first 48 hours, and a video of the cat posted on YouTube quickly snagged millions of views. These days, searching Google for “Grumpy …