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☆ One of Tim Cook's top executives could be Apple CEO in a few years. Here are his most likely replacements, report says.
▼ + stars: | 2024-05-13 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

CEO Tim Cook will be staying at Apple for at least three more years, Bloomberg reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Cook, who succeeded Apple founder Steve Jobs, helped Apple cross the $3 trillion market cap mark — and may push the company past $4 trillion by 2025. In October, Cook told singer Dua Lipa on her podcast "At Your Service" that he hoped his successor would "come from within Apple." This story is available exclusively to Business Insider subscribers.

Persons: Tim Cook, Cook, execs Jeff Williams, John Ternus, —, Steve Jobs, Dua Lipa Organizations: Apple, Bloomberg, Service, Business Locations: Apple

Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego

☆ The Apple 'crush' ad for the new iPad wasn't bad, actually
▼ + stars: | 2024-05-10 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

But seriously folks ... it's just an iPad ad. AdvertisementThere's been a huge backlash to the ad Apple put out this week to promote its updated iPads. In the ad, a hydraulic press squishes a piano, trumpet, books, paint cans — and then reveals the new iPad Pro. A YouTube channel dedicated to hydraulic press crush videos has more than 9 million followers. Let's say OpenAI made an ad crushing up books, newspapers, and magazines and then revealed the ChatGPT logo.

Persons: Apple, it's, —, There's, Steve wouldn't, Paul Graham, Steve Jobs, Let's, It's, OpenAI, they've Organizations: Service, Apple, YouTube

☆ People are tearing into Apple for its latest iPad commercial: 'Steve wouldn't have shipped that ad'
▼ + stars: | 2024-05-09 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The tech giant unveiled its latest iPad models on May 7. The ad certainly made a statement, just probably not in the manner that Apple intended. "Maybe hire Ridley Scott again next time instead," read one X post referencing the award-winning director behind the "1984" ad. Representatives for Apple didn't immediately respond to a request for comment from BI sent outside regular business hours.

Persons: —, Tim Cook's, 6PeGXNoKgG, Tim Cook, Joe B, Transue, Cook, Roger Rabbit, Apple, Ridley Scott, Y, Paul Graham, Graham, would've, Steve Jobs, Steve wouldn't, Jobs, Apple didn't Organizations: Service, Business, Venture, Apple, BI Locations: Cupertino

☆ Bill Gates Is Still Pulling Strings at Microsoft, Overseeing AI Ideas
▼ + stars: | 2024-04-29 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

In fact, Business Insider has learned, Gates has been quietly orchestrating much of Microsoft's AI revolution from behind the scenes. The company, Nadella promised, would "continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward." According to two executives, Gates' memo treated as gospel, sparking Microsoft's push to take the lead in the AI arms race. Now, it seemed, OpenAI might offer Microsoft a way to help forge the AI future that Gates had long envisioned. According to two executives, Gates' words were treated as gospel, helping spark Microsoft's push to take the lead in the AI arms race.

Persons: Bill Gates, Satya Nadella, Gates, Siri, They're, Clippy, Copilot, That's, Sam Altman, — Gates, Satya, Nadella, Steve Ballmer, Peter Thiel bashed, Bill, Melinda, Jeffrey Epstein, Nadella's, Rather, OpenAI, Kevin Scott, Scott, Altman, you'll, OpenAI's, Bing —, Bing, Steve, Sam, Kayla Wood, Frank Shaw, Shaw, —, Charles Lamanna, Jaime Teevan, Jeff Teper, Charlie Bell —, He's, Forbes, Mustafa Suleyman, DeepMind, Bill G, Suleyman, aren't, hadn't, there's, Ashley Stewart Organizations: Microsoft, Agents, Business, Google, Wired, Street Journal, Rover, Steve Jobs, OpenAI, Amazon Web Services Locations: Tay, Gates, Clippy, Washington, Redmond , Washington, Seattle

☆ Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
▼ + stars: | 2024-04-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +16 min

David Paul Morris | Getty Images News | Getty ImagesThe iPhone could have had an Intel chip inside. It would've made sense to use Intel chips, which ran on the best desktops at the time, including Apple's Macs. Braithwaite, who worked at Intel in the 1980s, said Intel's process engineers were the company's "crown jewels." Intel doesn't have a GPU competitor to Nvidia's AI accelerators, but it has an AI chip called Gaudi 3. For comparison, AMD expects about $2 billion in annual AI chip revenue.

Persons: Pat Gelsinger, Seth Wenig, Gelsinger, Biden, Nicholas Braithwaite, Akshara Bassi, It's, Steve Jobs, David Paul Morris, Apple, Paul Otellini, Walter Isaacson's, Otellini, Isaacson, Jobs, Apple didn't, Apple —, TSMC, Mikako Kitagawa, Joe Biden, Brendan Smialowski, Braithwaite, Gordon Moore, Moore's, Brian Krzanich, 7nm —, TSMC didn't, Jensen Huang, Josh Edelson, OpenAI, Gaudi, Intel's, it's, Bassi, CNBC's Jon Fortt Organizations: Intel, Taiwan Semiconductor Manufacturing Company, Nvidia, Micro Computer, Qualcomm, Broadcom, Texas Instruments, AMD, Apple, Celesta, Meta, Microsoft, Getty, Samsung, Gartner, Asus, AFP, Semiconductor, Engineers, SAP Center, Afp, Companies, Blackwell, Habana Labs, Gaudi, FactSet, U.S Locations: New York, American, U.S, Chandler , Arizona, California, San Jose , California, Taiwan, Columbus , Ohio

☆ To my son, born in the climate crisis: These helpers changed the fate of the titi
▼ + stars: | 2024-04-22 | by ( Bill Weir | ) edition.cnn.com time to read: +10 min

As River Weir has grown, Bill has been collecting stories of hope, resilience and Earth repair to share with him. “I became really frustrated by the lack of transparency,” Charlie told me. And at an expo in 2006, the fate of the titis turned for the better when the Vargas family walked in. But when she needed $1.2 million to buy nearly 1,000 acres of neighboring ranchland, Chris needed to find more helpers. “It may take a day to cut a hectare of forest,” she told me as we hiked past her plantings and into a meticulous greenhouse.

Persons: Bill Weir’s, Mister Rogers, Weir, Bill, Bill Weir, ” Rosamira Guillen, ”, Rosamira Guillen, Julian Quinones, titi, Rosamira, Charlie Knowles, Richard Nixon’s, Charlie, Laurie Marker, “ I’m, “, Akiko Yamazaki, John Lukas – Charlie, WCN, Rosamina, ” Julian Quinones, Jane Goodall, Vargas, Kira, Chris Vargas, ‘, Steve Jobs, ” Chris, Chris, CNN Bill, Olivia Organizations: CNN, Wildlife Conservation Network, expos Locations: . Dear, South America, Colombia, Barranquilla, American, Namibia, Silicon Valley, ranchland

☆ Silicon Valley still has no idea what might kill the smartphone
▼ + stars: | 2024-04-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Humane, a startup founded in 2018, released an AI pin that aims to offer an alternative. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSilicon Valley is having a hard time figuring out what a post-smartphone future might look like. This story is available exclusively to Business Insider subscribers.

Persons: —, Steve Jobs Organizations: Service, Counterpoint Research, Business

☆ Forget Recession, New York City Is Entering a Wild New Gilded Age
▼ + stars: | 2024-04-04 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

In a country roiled by recession worries, those at the top of New York City — for better or worse — couldn't give a single gilded shit. For New York City, a brush with death called for a time of decadence. "New York City's restaurants and bars are experiencing an uneven pandemic recovery nearly four years after COVID-19 struck our city," Andrew Rigie, the executive director of the New York City Hospitality Alliance, said. AdvertisementIf a pandemic can't defeat New York City, a little inflation certainly isn't going to do it. And what that looks like is the affluent in New York City eating caviar, and poorer Americans eating cereal.

Persons: Steve Jobs, it's, Jennifer Saesue, Saesue, Fish Cheeks, Z, bistros, James Murphy, us Carbone, Casas — Cruz, Cipriani, Jean, Georges Vongerichten, Bongo, Andrew Rigie, Corey Mintz, we're, WK Kellogg, Gary Pilnick, Gary Pilnick's Organizations: Grand Prospect Hall, New, New York City, Apple, Mastercard, Chefs, Casas, Soho House, Bangkok Supper, Village, IBA, Hospitality Alliance, Nationwide, National Restaurant Association, Nasdaq, The University of Michigan Consumer, UBS, New York Locations: New York City, New York, Rome, Xinjiang, New, Manhattan, Coqodaq, Las Vegas, York, Bangkok, Hell, TouchBistro, Brooklyn, The Bronx

☆ 'Green Bubble Stigma' Shows Apple's Power to Create a Prestige Brand
▼ + stars: | 2024-04-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

One thing that is definitely not "cool," it seems, is having a green text bubble. In the filing, it says people without Apple devices often feel a "social stigma, exclusion, and blame for 'breaking' chats where other participants own iPhones." "Brands that have a really well-established image, Apple's cool image, for instance, that they worked on to establish over the years — consumers really see that as a legitimate signal of their own coolness to themselves and other people." Consumers really care about using products and brands to express who they are to themselves and the world around them. And if you've ever watched "Ted Lasso" or anything else on Apple TV+, you've perhaps noticed iPhones and Apple products are ubiquitous.

Persons: Apple, Steve Jobs, you've, Ted Lasso, Louis Vuitton, Joseph Nunes, they're, They're, Joshua Clarkson, Nunes, that's, doesn't, Ordabayeva, Emily Stewart Organizations: Apple, Justice Department, Dartmouth's Tuck School of Business, Brands, Samsung, Google, Motorola, USC Marshall School of Business, University of Cincinnati, Consumers, Business Locations: New Jersey, Cupertino , California, iMessage

☆ Green Bubble Stigma: Apple's Genius Marketing Trick to Make iPhones Cool
▼ + stars: | 2024-04-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

☆ It's Gmail's 20th birthday. Read the 'Heck, Yeah' memo announcing its launch.
▼ + stars: | 2024-04-01 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Gmail launched 20 years ago with 1 GB of free storage, email search abilities, and an enthusiastic "Heck, yeah" from Google's founders. Many people at the time thought it was an April Fools' Day prank because the date was April 1, 2004. Read Google's memo from that day announcing Gmail's debut. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Today, Google accounts come with 15 GB for free, spread across Gmail, Google Drive, and Google Photos.

Persons: Heck, Read, —, Gmail, Steve Jobs Organizations: Gmail, Service, Google, Business

☆ Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI?
▼ + stars: | 2024-03-26 | by ( John Markoff | ) www.nytimes.com time to read: +12 min

Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI? 1974 A key part of PARC office of the future vision is a network to tie office systems together. The PARC laboratory, set in the foothills just south of Stanford, is now largely empty, hosting less than 100 researchers, far from a peak of almost 400. Mr. Parekh said that the stage was now set for a second leap forward in the way humans interacted with computers. “This is our annuity for the future for investing in research,” Mr. Parekh said.

Persons: Steve Jobs, Jobs, Apple’s Lisa, IBM’s Thomas J, “, ”, Eric Schmidt, Google’s, Bernardo Huberman, Mr, Huberman, Douglas Engelbart, Siri, Bill Duvall, Charley Kline, CALO, David Parekh, Parekh, SIRI, Curtis Carlson, Charles Simonyi, Jan Vandenbrande, Research Jan Vandenbrande, Johan De Kleer, San Organizations: Xerox’s PARC, SRI, Palo, Palo Alto Research, PARC, Mr, Xerox, SRI International, Stanford Research Institute, Xerox Dover, Xerox Corporation, T’s Bell Laboratories, Watson Research Center, Bay, “ PARC, of America, Machine, UCLA, Pentagon, Apple, Macintosh, Research Projects Agency, Microsoft, Windows, Defense Advanced Research Projects Agency, Research Locations: Palo Alto, Stanford’sy, Stanford, Silicon, Menlo Park, Los Angeles, Calif, San Francisco, San Jose

☆ Apple exec reminds us that the original iPhone was way smaller than you remember
▼ + stars: | 2024-03-26 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Joz said people thought the iPhone was huge back then, but now the iPhone 15 has a massive display. Advertisement"Go back and look at the original iPhone," Joz said in the interview. "And now you look at this you know, massive beautiful display and edge to edge, it's just pretty damn sweet, Brian," Joz said, referring to his iPhone 15 (the marketing exec naturally took the opportunity to say the iPhone 15, iPhone 15 Pro, and iPhone 15 Max were his top three iPhones). In comparison to the original iPhone, the iPhone 15 Pro Max is nearly double its size, with a 6.69-inch screen frame. Later that same year, a factory-sealed 4GB original iPhone fetched $190,372.80 at auction — more than 317 times the original price tag.

Persons: Greg, Joz, Steve Jobs, Tim Cook, —, Apple's, Joswiak, Brian Tong, Brian, Max, Jobs, YouTuber Marques Brownlee Organizations: Apple, Service

☆ Sam Altman's act may be wearing thin
▼ + stars: | 2024-03-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking into how some in Silicon Valley are starting to sour on OpenAI's Sam Altman . AdvertisementFrom hardball tactics when raising funds to relentless self-mythologizing about his role in the future of tech, Altman's act is wearing thin on some . Even VCs uninterested in AI deals are quickly becoming servants to Altman's AI empire. Big market, fall hard.

Persons: —, Baltimore's Francis Scott Key, Sam Altman, Alastair Grant, Rebecca Zisser, Darius Rafieyan, Altman, Elon Musk, à, Steve Jobs, VCs, Samantha Stokes, Eric Baradat, Torsten Slok, David Rosenberg, BofA, Drew Watson, Birkin, Abanti Chowdhury, Elon, Don Lemon, that's, Musk, Mark Zuckerberg, Google's, Meta, Dave Calhoun, Aaron Schwartz, Adam Neumann, Neumann, Robert F, Kennedy Jr, Dan DeFrancesco, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Baltimore Fire Department, Tech, Apple Vision, NFL, ChatGPT, Kruze Consulting, Apollo Global Management, Federal Reserve, Bank of America, Abanti, Getty Images, Street Locations: Silicon Valley, Plenty, Big, Orlando, New York, London, Chicago

☆ Some VCs are over the Sam Altman hype
▼ + stars: | 2024-03-26 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +8 min

In late 2023, when OpenAI sought $300 million from investors, CEO Sam Altman chose a different approach. In some corners of this clubby world, over $7 coffee and artisanal cocktails, the meteoric rise of OpenAI and Sam Altman is giving way to an inevitable backlash. "He's a kingmaker," a Silicon Valley startup founder and angel investor who knows Altman. Sam Altman and OpenAI did not respond to requests for comment. A certain somethingMany of the VCs who spoke with BI said Altman has a certain something.

Persons: —, OpenAI, Sam Altman, Altman, they'd, I've, Ali Ghodsi, Altman's, Ghodsi, Steve Jobs's, Paul Graham, he's, Sam, Jack Altman, It's, it's, Elon, Alexander the Great, Adam Neumann Organizations: Service, NEA, Business, Altman's, The Washington Post, The, YC, BI, WeWork Locations: Sequoia, Silicon Valley, The, San Francisco

☆ The ex-CEO of former Sports Illustrated publisher Arena Group is suing his old firm for $20 million, claiming he was fired for trying to stop it from breaking the law
▼ + stars: | 2024-03-25 | by ( Jack Newsham | ) www.businessinsider.com time to read: +3 min

Ross Levinsohn ran the Arena Group, which published Sports Illustrated, and was fired by its new owner. Related storiesThe Arena Group, which until recently published SI and still owns brands like Men's Journal and Parade, was on the path to profitability, Levinsohn claimed. (Arena Group faced harsh criticism over its use of AI-generated content under Levinsohn's leadership.) AdvertisementA spokesman for Bhargava and the Arena Group, Steve Janisse, said he couldn't immediately comment. BI's previous coverage of Bhargava and Arena Group was based on interviews and documents.

Persons: Ross Levinsohn, Manoj Bhargava's, Levinsohn, hasn't, —, Manoj Bhargava, Bhargava, Cavitt Randall, Steve Janisse, couldn't, Randall, Chris Fowler Organizations: Group, Service, Arena Group, Sports, Energy, SI, Sports Illustrated, Men's

☆ Apple's having a rough year
▼ + stars: | 2024-03-24 | by ( Matt Turner | Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Justin Sullivan/Getty Images; Jenny Chang-Rodriguez/BIThis week's dispatchTaking a bite out of AppleApple's having a rough year. Apple is to blame for Amazon and Microsoft's phone failures, per the DOJ, which also zeroes in on Apple's green text bubbles. It was a tech antitrust lawsuit more than two decades ago that helped create space for Apple's rise.

Persons: —, Justin Sullivan, Jenny Chang, Rodriguez, Tim Cook, Steve Jobs, Apple, Rebecca Zisser, Frazer Harrison, Tyler Le, Goldman Sachs, David Solomon, Patrick Semansky Goldman, Russell Horwitz, Al Schwimmer, Frank Sinatra, Matt Turner, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Apple, Department of Justice, DOJ, Amazon, FTC, Getty, Google, BI, David Solomon AP Locations: China, Palestine, New York

☆ Elon Musk Isn't the Only One Using Drugs As a Work Performance Boost
▼ + stars: | 2024-03-24 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

You could get a mushroom that has a little bit more or a little bit less psilocybin ... which, depending on the activity of the day, might be more than you bargained for. Some corporate elites are seeking out psychedelic retreats to improve their leadership skills, shift their perceptions, and, in some cases, even bond with their teams. My main concern is that people understand the risk, any risk — bad-trip risk, psychiatric risk, or legal risk. "My main concern is that people understand the risk, any risk — bad-trip risk, psychiatric risk, or legal risk," Johnson said. A lot of executives and workers have a little bit of Elon Musk in them.

Persons: Elon, he's, Musk, à, Steve Jobs, they're, Greg Fonzo, Matthew Johnson, Sheppard Pratt, hasn't, Johnson, It's, Katrina Michelle, Rob Grover, Gary Logan, Grover, that's, Michelle, Justin Townsend, it's, performancewise, Townsend, Emily Stewart Organizations: SpaceX, Twitter, Center for Psychedelic Research, University of Texas, Austin's Dell Medical School, Center, Multidisciplinary Association for Psychedelic Studies, Marijuana, Elon Musk, Business Locations: New York, Vancouver , British Columbia, Jamaica

☆ MrBeast says he sleeps in an office-bedroom so he can be closer to work — take a look
▼ + stars: | 2024-03-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Howie Mandel Does Stuff"Sometimes when my girlfriend's in town, I'll go to a house. Howie Mandel Does Stuff"If you want to make everyone happy, don't be a leader. It's unclear if Donaldson may have taken inspiration from Musk in his decision to sleep at the office.

Persons: MrBeast, —, Jimmy Donaldson, Donaldson, Howie Mandel, wouldn't, He's, Tom Brady, Justin Timberlake, Steve Jobs, it's, Jobs, Nick Saban, Elon Musk, Musk Organizations: Service, Records, Apple Locations: Los Angeles, Alabama, San Francisco

☆ A 1983 Apple business card signed by Steve Jobs just sold for $181,183
▼ + stars: | 2024-03-23 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

A business card with Steve Jobs' signature sold for $181,183 in an auction on Thursday. A 1983 "Apple Computer," business card signed in black ink by Steve Jobs sold for $181,183 on Thursday, according to RR Auction. The Apple founder's business card sold for $181,183. RR AuctionThe off-white business card was listed as the "extremely rare, perfectly graded Steve Jobs-signed Apple Computer business card from circa 1983." Related storiesRR Auction has previously auctioned 10 Steve Jobs business cards, with only one dating back to 1983.

Persons: Steve Jobs, —, Mike Graff, Steven Jobs, Bobby Livingston, Jobs, Stephen Hawking, Steve Wozniak, Ronald Wayne, Eduardo Cisneros Organizations: Apple, Service, Apple Computer, Macintosh Factory, Pirates, Jobs, Apple Computer Corporation Locations: Caribbean

☆ These executives say psychedelics like LSD and MDMA made them better managers — and transformed how they think about fulfilling work
▼ + stars: | 2024-03-21 | by ( Rachel Nuwer | ) www.businessinsider.com time to read: +13 min

Siskind is one of a growing number of entrepreneurs and executives seeking out psychedelics — including LSD, psilocybin mushrooms, ayahuasca, and MDMA — for work-related inspiration and guidance. AdvertisementA Manhattan psychedelic sound bathSarah Rose Siskind says one year after her psychedelic-induced revelation, work is going better than ever. When Siskind arrived at work on Monday, she called a staff meeting to share the company's new value-oriented direction. While Zillmer's breakthroughs came in Peru and with ayahuasca, these types of retreats for business professionals are popping up all over and with a variety of psychedelics. Beyond bottom linesThe location where Kiyumí Retreats will host a psychedelic retreat for business professionals later this year.

Persons: —, Sarah Rose Siskind, she'd, I'd, psychedelics, Steve Jobs, Mike Bryk, Siskind, David Luke, psychedelics Henrik Zillmer, Michael Costuros, Henrik Zillmer, Zillmer, It's, John Gilmore, Gilmore, Gül, Dölen, Isabel Wiessner, AirHelp, Kiyumí, Bennet Zelner, Zelner, they'd, John Allison, Allison Organizations: Service, Business, University of Greenwich, Sun Microsystems, University of California, Federal University of Rio, University of Maryland Locations: New York City, Silicon, Peru, Mexico, Noho, Manhattan, Bay, London, Berlin, Berkeley, Federal University of Rio Grande de Norte, Brazil, Netherlands, Brooklyn

☆ Apple's first AI move may be outsourcing the mess to Google
▼ + stars: | 2024-03-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Why handle the mess of AI by itself when it can pass it on to someone else? AdvertisementApple does, of course, want an AI strategy, despite all the mess the technology brings with it. Fresh AI features could help Apple boost falling iPhone sales in China. Fresh generative AI features could give iPhones the extra edge they need to boost sales again. In addition, Apple will have several new AI features based on its own, homegrown LLM models we expect to be unveiled at WWDC this June.

Persons: —, Tim Cook, they've, Apple, Perfectionism, Steve Jobs, Cook, OpenAI's GPT, Dan Ives Organizations: Service, Google, Bloomberg, Apple, Business, Publishing, Getty, Worldwide Locations: China, China —

☆ How the billionaire creator of 5-Hour Energy's erratic takeover led to a fumble of Sports Illustrated
▼ + stars: | 2024-03-17 | by ( Jack Newsham | Jake Swearingen | ) www.businessinsider.com time to read: +12 min

A week earlier, he had become a large minority shareholder at The Arena Group, but had no official title. The company Bhargava claimed to be taking over was so poorly run that he questioned the intelligence of those in the meeting. He also said Bhargava was talking about his charitable endeavors in order to underscore his priorities to Arena Group employees. Media, Bhargava said in the meeting, was "biased." Days later, Bhargava sacked Arena Group CEO Ross Levinsohn, too, causing Levinsohn to angrily resign from the board.

Persons: —, Manoj Bhargava, Bhargava, Zoom, I'm, Steve Janisse, Vince Bodiford, Bodiford, Ross Levinsohn, Levinsohn, Rob Barrett, doesn't, ABG, Jamie Salter, Forbes, Janisse, Nielsen, Arena's, Riley, toh, Manoj, there's Organizations: Service, Arena Group, Energy, The, Business, Sports, Media, Arena, Authentic Brands, Washington Post, Princeton, IRS, United, United States Tax, Bridge Media, Sports Illustrated, Hans Foundation, International, Group, toh e New York Times, New York, Players ' Tribune, Office, BI Locations: NewsNet, India, United States, Michigan, toh e

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