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Starbucks raises prices for some products in China; Google plans to introduce a new privacy policy

Price increases for some Starbucks products in China

On February 16, Starbucks (NASDAQ: SBUX) confirmed that from now on, the price of some drinks and food in Chinese mainland stores will be raised by 1-2 yuan.

Peripheral goods such as packaged coffee beans and coffee cups are not within the scope of this price adjustment. On the same day, "Starbucks price increase" was the first hot search on Weibo.

Starbucks raises prices for some products in China; Google plans to introduce a new privacy policy

Compared with the Price List of Starbucks at the beginning of 2022, the price of Cold Extract, Fu Rui Bai, Caramel Macchiato, Mocha, Cappuccino, Latte, etc. was raised by 1 yuan.

American coffee, black tea lattes, etc. are raised by 2 yuan. Starbucks said its pricing was set after considering a number of factors, including operating costs.

Source: Caixin

Apple announced that the iPad 4 will be added to the discontinued list

On February 16, Apple officially announced that it will add the iPad 4 to the discontinued list, which means that the first product in the iPad series to use the Lightning interface has officially withdrawn from the stage.

Starbucks raises prices for some products in China; Google plans to introduce a new privacy policy

Generally speaking, Apple will be sold for more than 7 years and has stopped supplying products into the category of discontinued products.

Apple will stop all hardware services for such products. The only exception to this is Mac notebooks that are eligible for extended battery repair periods.

Source: Financial Associated Press

Google plans to introduce a new privacy policy

February 16 news, local time on Wednesday, Google issued an announcement that the company plans to introduce a new Android user privacy protection system.

This is a tool called the Privacy Sandbox that will restrict third parties from accessing user data.

The news sparked concerns about companies like Meta (Facebook's parent company) that rely on tracking user data for advertising revenue.

Starbucks raises prices for some products in China; Google plans to introduce a new privacy policy

Previously, Apple's tightening of data tracking policies led to a $300 billion plunge in Meta's market value.

Meta also expects it to lose $10 billion in advertising sales this year. This follow-up by Google may mean that the online advertising method in the mobile Internet era will be completely rewritten.

The only good news is that Google has decided to continue using its existing ad system for at least two years. Google also took this opportunity to secretly "sarcastically" a policy shift that "other platforms" were too fast.

Google says it will listen to app developers extensively and plans to launch a beta version by the end of the year.

Facebook parent company Meta launches a new slogan

On February 16, Facebook's parent company Meta announced the company's new values and the new name Metamates of its employees at a general employee meeting.

Mark Zuckerberg, founder and CEO of Meta, said that as the company adjusts to a new direction (metacosm), the company's values need to change accordingly.

He said past values such as "moving forward boldly" and "focusing on impact" are gone, replaced by "living in the future," "creating great things," "focusing on long-term impact" and "Meta, Metamates, me."

Starbucks raises prices for some products in China; Google plans to introduce a new privacy policy

But the employees did not pay for the change. Some see this as a company instilling a corporate culture that is unrealistic.

One engineer wrote in a private chat, "It's confusing that we've been changing the name of everything."

Source: cnBeta

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