• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
NewslettersData Sheet

Why, Maybe, Not To Upgrade Your Phone This Year—Data Sheet

By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
September 27, 2019, 8:21 AM ET
Add Fortune on Google for similar content.

This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

Peloton priced its IPO, then plummeted. eBay’s top executive exited. Once-sizzling SoftBank is sinking. The verdict is in on WeWork: It is not a technology company. Supersized talent agency Endeavor yanked its offering.

There’s so much to choose from I’m going with none of the above and instead sharing a few small items to start your day:

* Being super-hyped has dramatic downsides. Chinese car maker NIO now trades for less than $2 per share. It had been billed as a Tesla killer, but as this Bloomberg piece points out, it is more WeWork than Tesla. NIO had it all: a hot entrepreneur, important investors, high-level recruits. Now it has almost nothing.

* I noted recently that when I went into an Apple store some time ago the sales clerk convinced me I didn’t need to upgrade my phone. Kudos to Apple for empowering its retail employees with such truth-telling latitude, even if a longer-term business problem means its phones don’t need to be replaced. (This understanding is part of Apple’s services push.) I was intrigued with similar honesty behind this piece by New York Times gadget reviewer Brian Chen explaining that he no longer feels compelled to recommend upgrades, either, just because Apple comes out with a new phone. “Last year’s iPhones don’t feel outdated,” he writes. “Phone reviews do.”

* All of Hollywood will be devouring this masterful interview Maureen Dowd conducted with Disney CEO Robert Iger. Dowd clearly is a fan, but there are genuine insights here about management, acquisitions, relationships (including Iger’s partnership with Steve Jobs), and Iger’s matter-of-fact description of how Disney came close to but decided not to buy Twitter. (The latter has created something of a news cycle of its own.)

* Microsoft made good on a commitment to invest from its own balance sheet on affordable housing in its own region. This is refreshing because Microsoft isn’t couching its loans in fuzzy terms around “purpose” but rather in a rational, self-serving manner that assumes that what’s best for its community is best for its business.

Adam Lashinsky

On Twitter: @adamlashinsky

Email: adam_lashinsky@fortune.com

NEWSWORTHY

Market meshugas. Starting where Adam declined to go, after pricing its shares at $29, Peloton Interactive pedaled in reverse on Thursday as the stock lost 11% in its debut. CEO John Foley tells Fortune he didn't want to be accused of staying private for too long. "I feel like if we would have waited any longer we might have been painted with the same brush, so it felt like this was the right time," he says. That's not the mood of super agent and Endeavor Group CEO Ari Emanuel, who decided to delay his company's IPO.

A handy clip n' save 2019 IPO highlights table, suitable for settling bar bets and other wagers:
Peloton -11%
Datadog +20%
Cloudflare +30%
SmileDirect -44%
Crowdstrike +71%
Uber -30%
Lyft -42%
PagerDuty +22%
Pinterest +44%
Zoom Video +122%
Beyond Meat +517%
(Data: IPO Scoop)

Limits of growth. Electronics retailer Best Buy revealed plans to diversify into health care-ish products and services for senior citizens, building on the elder care alert business GreatCall it acquired a year ago. "We’re looking at a population that is aging incredibly rapidly. It’s massive," CEO Corie Barry told reporters.

Stealing back to the way I used to be. Keeping up with data breach news (it's been a strangely quiet beat of late–did all the hackers take the summer off?), food delivery service DoorDash admits that the personal info of about 5 million customers and workers was stolen. And Dunkin Donuts is getting sued by the New York Attorney General for failing to properly address or disclose a 2015 hack attack. (I'd sue them for impersonating a doughnut shop, but that's just me.)

Cutting through the fog. Meanwhile on the "dogs and cats living together" beat, Microsoft said it's adding the voice-controlled Google Assistant to its Xbox One video game console. Microsoft added Amazon Alexa support to Xbox last year. In legal news at Microsoft, the company is waging a court battle to be allowed to notify a major cloud customer of a secret government order to hand over the customer's data.

Zoom zoom. The Mario Kart franchise has a few more miles to race. Nintendo's new Mario Kart Tour game for mobile phones was downloaded over 10 million times in its first 24 hours of availability, breaking the all-time record set by Nintendo's Pokemon Go title three year ago.

Get your popcorn ready. Looking forward to On the Rocks, one of the first movies Apple commissioned for its video streaming service? Well, you may get a chance to see the Sofia Coppola-directed flick starring Rashida Jones and Bill Murray in an actual movie theater. Apple is hoping to avoid angering Hollywood by giving its movies a healthy exclusive window in theaters before putting them online, the Wall Street Journal reports.

FOR YOUR WEEKEND READING PLEASURE

A few longer reads that I came across this week that may be appealing for your weekend reading pleasure:

How TikTok Holds Our Attention (The New Yorker)
On the popular short-video app, young people are churning through images and sounds at warp speed, repurposing reality into ironic, bite-size content.

The Unsolved Case of the Most Mysterious Song on the Internet (Rolling Stone)
Twelve years ago, a catchy New Wave anthem appeared on the internet with no information about who wrote or recorded it. Amateur detectives have spent thousands of hours since trying to figure out where it came from — with little luck. Inside the question that’s been driving the internet crazy for years.

The creed of compromise (Aeon)
Don’t throw in the day job to follow your dream. Join the bifurcators who juggle work-for-pay and their work-for-love.

David Lynch’s Universe Knows No Bounds (Surface Magazine)
With a new gallery exhibition at Sperone Westwater in November, director and artist David Lynch discusses storytelling, consciousness, Transcendental Meditation, and his initial infatuation with becoming a painter.

FOOD FOR THOUGHT

You install a new app, buy a new phone, really, do virtually anything tech-related, and you're asked to consent to terms of service that opt you in for some serious sharing of your data. Out in the real world, there's plenty more surveillance and tracking that goes on without anyone's consent. NYU professor Finn Brunton and Cornell professor Helen Nissenbaum have had enough of that. But their answer isn't to "opt out" more–it's to obfuscate. They offer a number of practical examples of how to bury your digital tracks, explaining:

If obfuscation has an emblematic animal, it is the family of orb-weaving spiders, Cyclosa mulmeinensis, which fill their webs with decoys of themselves. The decoys are far from perfect copies, but when a wasp strikes they work well enough to give the orb-weaver a second or two to scramble to safety. At its most abstract, obfuscation is the production of noise modeled on an existing signal in order to make a collection of data more ambiguous, confusing, harder to exploit, more difficult to act on, and therefore less valuable. Obfuscation assumes that the signal can be spotted in some way and adds a plethora of related, similar, and pertinent signals — a crowd in which an individual can mix, mingle, and, if only for a short time, hide.

IN CASE YOU MISSED IT

WeWork Founder Adam Neumann Is Out the Door—His Friends May be Next By Lucinda Shen

Marvel’s Kevin Feige Takes on ‘Star Wars.’ What Does It Mean for a Galaxy Far Far Away? By Paula Bernstein

OnePlus 7T Review: A Great Android Phone at an Even Better Price By Aaron Pressman

Facebook’s CTO: ‘The Criticism Is Warranted.’ In Fact, It’s the First Thing He Shows to New Hires By Jonathan Vanian

Uber Has New Tools for Fighting Fake Drivers: PIN Codes, Smiling, Blinking, and—Eventually—Ultrasound Waves Sent From Riders’ Phones By Danielle Abril

BEFORE YOU GO

The fourth and final season of The Good Place premieres on Sept. 26 on NBC, as we get our last look at Eleanor Shellstrop and her pals Chidi, Tahani, and Jason. Fortune's Paula Bernstein spoke with show creator Mike Schur and all you Eleanor-Chidi shippers may end up disappointed, if I'm reading between the lines correctly.

"You can't write anything with fan satisfaction in the front of your mind—if you do that, you'll invariably screw something up," Schur says. "You just have to execute the story you think makes the best ending, and hope it feels satisfying for the people who've been there from the beginning."

This edition of Data Sheet was curated by Aaron Pressman. Find past issues, and sign up for other Fortune newsletters.

About the Authors
By Aaron Pressman
See full bioRight Arrow Button Icon
By Adam Lashinsky
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Newsletters

Kim Ng broke barriers in baseball. Now she’s giving pro softball its biggest stage yet
NewslettersMPW Daily
Kim Ng broke barriers in baseball. Now she’s giving pro softball its biggest stage yet
By Emma HinchliffeJuly 24, 2026
5 hours ago
Inside Larry Culp’s playbook for fixing GE
NewslettersCFO Daily
Inside Larry Culp’s playbook for fixing GE
By Sheryl EstradaJuly 24, 2026
10 hours ago
Three people sitting on stairs
Startups & VentureTerm Sheet
Neo raises $100 million to hunt the zombie AI agents haunting your company
By Amanda GerutJuly 24, 2026
10 hours ago
U.S. Rep. Ted Lieu (D-CA) during the Democratic National Convention on August 22, 2024 in Chicago, Illinois. (Photo: Justin Sullivan/Getty Images)
NewslettersFortune Tech
An ‘AI Kill Switch Act,’ engaged
By Andrew NuscaJuly 24, 2026
11 hours ago
Photo: President Trump.
NewslettersMarkets
Trump weighs ‘massive attack’ on Iran as Tehran’s chokehold on oil gets tighter
By Jim EdwardsJuly 24, 2026
11 hours ago
From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE
NewslettersCEO Daily
From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE
By Shawn TullyJuly 24, 2026
12 hours ago

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
15 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
12 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.