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The European Commission said users are "locked in" to iPadOS and it's hard for them to switch. It comes as a part of a broader crackdown on "gatekeepers" and a market investigation into Apple. The DMA was designed to ensure fairness and healthy competition in the digital landscape and hold Big Tech "gatekeepers" accountable. In September, the EU Commission designated Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft gatekeepers. The EU said Monday that its iPadOS investigation found it has "features of a gatekeeper."
Persons: , Apple's iPadOS, Margrethe Vestager, Apple didn't Organizations: EU, Digital, European Commission, Apple, Service, European, Big Tech, Business, EU Commission, Meta, Microsoft
Executives looking to boost their own profiles have for years paid freelancers to ghostwrite their LinkedIn posts. Now big PR firms are getting into the game, and LinkedIn profile management is going mainstream. Business Insider spoke to 14 PR firms that said more companies are asking for LinkedIn writing and strategy services for their leaders. Zappa said he does not offer specific rates for LinkedIn posts and instead includes LinkedIn in broader content contracts. However, he estimated that PR firms solely focused on LinkedIn ghostwriting could charge companies $5,000 a month for three to five LinkedIn posts.
Persons: Erin Ledbetter, Weber Shandwick, Ogilvy, Contessa Kellogg, Winters, resharing, There's, Lana McGilvray, Katie Burcham Glasshoff, execs, Chris Harihar, Dan Allocca, Joe Zappa, Zappa, Nicola Dodd, Laura Franklin, Franklin, Kim Metcalfe, Zeno Group's, , upend ghostwriting, William Dobinson, Farrer Kane, Greg Swan, Lewis Goldberg, Claude Organizations: Business, Zeno, LinkedIn, Weber, Purpose, The Washington Post, BCW, Crenshaw Communications, Sharp Pen Media, Ogilvy UK, ghostwriting, London, Finn Partners, KCSA Strategic Communications Locations: Ketchum, gatekeepers, Midwest
When asked, Gemini politely refused in some instances to generate images of historically White people, such as the Vikings. In the image space, if you asked previous AI image generators for an image of a CEO or a doctor, they initially almost always showed images of White males. Google announced its Gemini AI chatbot was pausing the generation of people in images after concerns were raised that it was creating historically inaccurate images. What makes censorship and manipulation worse with AI is that today’s AI already has a well-known hallucination problem. It may be a portent of what’s to come with AI and Big Tech leading us into Orwellian territory.
Persons: Rizwan Virk, X, Dave, I’m, OpenAI’s, Gemini, Google’s, Pope, Sundar Pichai, we’ve, , didn’t, Michael M, George Orwell’s “, Organizations: Labs, MIT, Physics, Eastern, Arizona State University’s College of Global Futures, Center for Science, CNN, HAL, Google, Vikings, Fox News Digital, Gemini, Getty, Big Tech, Microsoft, Apple Locations: zenentrepreneur.com, White, German
Beyoncé released a genre-bending country album, “Cowboy Carter,” last week. In outlaw country tradition, “Cowboy Carter” settles scores with haters and with history. It was for the white Southern voters Nixon needed to win over amid massive resistance to Black enfranchisement. Embracing country music is a loyalty test for conservative politicians and right-wing pundits whose career ambitions align with white identity politics. Beyoncé singing country music in this political climate was always going to cause a stir.
Persons: Beyoncé, Cowboy Carter, , Cowboy Carter ”, , Richard Nixon, Nixon Organizations: Southern, Today’s Republican Party Locations: growled, Nashville, Texas
John Fithian, former head of NATO, formed The Fithian Group, which aims to improve movie production, distribution, and exhibition. The group is overseeing the building of a high-tech production studio in Europe and a data-infused direct distribution platform. Fithian worked for over twenty years fighting to keep movie theaters relevant in the constantly changing worlds of entertainment and technology. The Fithian Group founding partners (L-R) John Fithian, Jackie Brenneman, and Patrick Corcoran. The founders said the upcoming platform will be available free of charge for movie theaters.
Persons: John Fithian, , Fithian, Jackie Brenneman, Patrick Corcoran, Brenneman, Corcoran, Iah Bearden, Dylan Skolnick, Skolnick, there's, we're Organizations: NATO, Service, National Association of Theatre Owners, Group, Pinewood Studio, AP, Cinema Arts, Business Insider Locations: Europe, Vrai, Long Island , New York
The role of credit bureaus in credit card applicationsCredit bureaus play a pivotal role in the credit card application process. How credit bureau information influences approval decisionsCredit bureau information plays a pivotal role when financial institutions make credit decisions. Credit bureau reporting frequently asked questionsDo all banks use the same credit bureau for credit card applications? Even though the three credit bureaus score credit slightly differently, improving your credit habits will typically raise your score across the board. Our guide to the best credit cards for pre-approval can help you identify which credit cards you're most likely to be approved for.
Persons: you'll, Here's, TransUnion, Experian, Banks, Chase, , cardholders, Discover's, Wells, Wells Fargo, Wells Fargo's, that's Organizations: Vantage, Bank, American Express, American Express American, Credit, Bank of America Bank of America, Bank of America, Chase Chase Bank, Chase, Capital, Citi Citi, Citi, Discover Discover Locations: Equifax, Transunion, Wells Fargo Wells, Experian, Wells, Chevron
Beyoncé's new album "Cowboy Carter" is framed as songs playing on a fictional country radio station. With KNTRY Radio Texas, she ingeniously beats the gatekeepers at their own game. AdvertisementSix songs into "Cowboy Carter," Beyoncé disappears. Willie Nelson's familiar, worn-in voice introduces the album's central conceit: "Welcome to 'The Smoke Hour' on KNTRY Radio Texas. AdvertisementHowever, the "Cowboy Carter" prologue illuminates the allusive layers at work in KNTRY Radio Texas.
Persons: Carter, , Cowboy Carter, Beyoncé, Sister Rosetta Tharpe, Chuck Berry, Roy Hamilton, Willie Nelson's, Nelson, Dolly Parton, Linda Martell, Jon Batiste, TikTok, Queen Bey, Breland, Shaboozey, Tanner Adell, Tiera Kennedy, Kennedy, Parton, Martell, twangy, Jolene Organizations: KNTRY Radio Texas, Service, KNTRY Radio, KNTRY, YouTube, Spotify, Southern, BI Locations: KNTRY Radio Texas, Nashville, KNTRY Radio, Texas, Adell
Just one week later, it topped the Hot 100, even though some country radio stations initially refused to play it. Many Black artists creating country music have already seen major boosts in streaming numbers. "There are a lot of Black people who love country music, that have been afraid to say that they love country music, even afraid to make country music." Ice breakers: In the six weeks since Beyoncé dropped the two lead singles from "Cowboy Carter," Shaboozey has felt a palpable uptick in attention surrounding Black country artists. Listen to a roundup of key tracks by Black country artists on Business Insider's Spotify.
Persons: Lil Nas, Beyoncé, Carter, It's, she's, Pablo, Don, gatekeepers, Billboard's Kyle Denis, Cowboy Carter, Tanner Adell, Chase Foster, Tanner, Adell, Josh Turner, Shania Twain, Texas, doesn't, Queen Bey, Buckle, Luke Combs, Daniel Prakopcyk, Shaboozey, Collins Chibueze, Southern, Marty Robbins, Woody Guthrie, I've, Kashus Culpepper, Buffalo Kin, Valerie June, Brittany Howard, Breland, Henry Ammann, Nelly, Tim McGraw, Daniel Gerard Breland, Nashville darlings, Thomas Rhett, Keith Urban, Blanco Brown, Blanco, Brown, Tim McGraw's, he's, He's, Tiera Kennedy, Alexa Campbell, Tiera, Kennedy, Dolly Parton, Johnny Cash, who've Organizations: Chicks, Business, Dallas Cowboys, Buffalo, BI, Nashville, LaFace Records, Buffalo Wild Wings, Spotify Locations: Texas, Houston, Nashville, Kentucky, California, Wyoming, Church, Star Valley , Wyoming, Plano, Beverly, Virginia, America, New Jersey, Atlanta, Butler , Georgia, Alabama
Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.
Persons: , Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg
Just_super | E+ | Getty ImagesThe European Union's parliament on Wednesday endorsed the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while safeguarding fundamental rights. "Artificial intelligence is already very much part of our daily lives. Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from "unacceptable" — which would see the technology banned — to high, medium and low hazard. "The AI Act is not the end of the journey, but, rather, the starting point for a new model of governance built around technology.
Persons: Thierry Breton, Roberta Metsola, Dragos, Tudorache Organizations: Intelligence, Wednesday, EU, European, Union, Digital Markets, — U.S, Apple, Meta, Microsoft, Google, Nvidia Locations: Europe, Germany, France, U.S, India
IPhone users in the European Union will be able to download apps from websites, instead of through the App Store or a competing app store app, Apple said, in the the latest change forced by the European Commission's Digital Markets Act. Tuesday's announcement is the latest example of the Digital Markets Act forcing Apple to make long-resisted changes to its App Store business processes. Under the DMA, Apple has been forced to allow third-party app stores in Europe, has reinstated antitrust adversary Epic Games' developer account amid a legal dispute, and has backtracked on banning web app shortcuts on the main iPhone screen. Apple still plans to charge a fee of fifty Euro cents for app downloads outside of its App Store, including web app downloads. The company has said Europe represents about 7% of Apple's App Store revenue.
Persons: Tim Cook, Apple, Margrethe Vestager, Vestager Organizations: Apple Inc, Apple Worldwide Developers, European Union, Commission's, Apple, Digital, Epic Games, Commission, European Commission, Spotify, EU, CNBC Locations: San Jose , California, U.S, European, Europe, iPhones
Apple relenting means Epic will be able to bring “Fortnite” back to iPhones in Europe, Epic said in a blog post. “Apple has told us and committed to the European Commission that they will reinstate our developer account. Apple said it reached the decision “following conversations with Epic” in which Epic committed to following Apple’s new EU-focused policies. “Epic Sweden AB has been permitted to re-sign the developer agreement and accepted into the Apple Developer Program,” Apple said in a statement. Epic CEO Tim Sweeney wrote back to Apple promising to abide by its terms, but Apple rescinded the developer account anyway.
Persons: , Fortnite, Fortnite ”, Apple, ” Apple, Thierry Breton, Tim Sweeney, Organizations: CNN, Apple, European Union, European Commission, Markets, Apple Developer, EU Locations: Europe, iPhones, pushback
So we have to talk about the drama that has been playing out in the past week between OpenAI and Elon Musk. According to OpenAI, Elon Musk wanted majority, equity, initial board control, and to be CEO of this new for-profit subsidiary. It’s basically —casey newtonIt’s like, I’m going to find a way to follow your rule, but in the worst way possible. Like, working was one I thought that, oh, I’m going to work in this all the time. kevin roose[LAUGHS]: Well, I thought, like, I’m going to take some spatial videos.
Persons: casey newton Casey, kevin roose, casey newton, Kevin, casey newton What’s, Kevin Roose, Casey Newton, OpenAI, Will, Joanna Stern, Casey, it’s, kevin roose I’m, Elon Musk, It’s, casey newton Let’s, Elon, he’s, I’ve, casey newton What’d, there’s, you’ve, we’re, GPT, Sam Altman’s, that’s, AGI, Annie “, Sam Altman, who’s, isn’t, , we’ve, ” casey newton Go, He’s, Ilya Sutskever, Greg Brockman, Ilya, casey newton Yes, Tesla, casey newton Well, they’ll, casey newton Oh, kevin roose It’s, don’t, kevin roose Will, casey newton Right, casey newton Mhm, kevin roose They’re, Microsoft’s Bing, Microsoft Bing, Bing, Apple, Europe — casey newton, Charles Duhigg, John Gruber, they’ve, casey newton It’d, — casey newton, they’re, They’ve, you’ll, Apple’s, casey newton It’s, I’ll, casey newton Sure, GDPR, you’re, kevin roose Really, let’s, kevin roose Casey, kevin roose —, Jonah Stern, casey newton Wow, Joanna, Let’s, kevin roose Joanna Stern, joanna, casey newton Hi, kevin roose Long, joanna stern, , kevin roose We’re, Kara Swisher, kevin roose Don’t, I’m, casey newton Don’t, casey newton That’s, Neil Patel, Um, kevin roose That’s, kevin roose Sure, casey newton Great, KEVIN, IV, wearables, Fitbits, kevin roose Oh, hadn’t, casey newton —, casey newton I’ve, Joe Rogan Organizations: The New York Times, Elon, Apple’s, OpenAI, Microsoft, Google, Google’s, Facebook, Tesla, Big, European Union, Digital Services, Giants, Apple, Digital Markets, EU, Bloomberg, Digital, Spotify, General, Apple Vision Pro, Street, Apple Vision, Vision, New York Times, , Housewives, Club, Ray, Tesla Chargers, Vision Pro, Apple Watch, Sony Locations: Los Angeles, Europe, what’s, Elon, OpenAI, Japan, South Korea, Turkey, United Kingdom, United States, Reddit, American, America, California, Florida, United, Mars, The
Apple has approved Epic Games' developer account in Sweden, which will allow the company to offer a competing app store on iPhones in Europe under a new antitrust regulation, the Digital Markets Act. Still, according to emails provided by Epic Games, a lawyer for Apple rejected Sweeney's statement and blocked Epic's European account. An Apple spokesperson confirmed that Epic Games' account had been restored after Epic told Apple it will follow its platform policies. Epic Games said it would use the account to publish Fortnite for iPhones in Europe as well as its own Epic Games store. The conflict between Epic Games and Apple goes back to 2020, when Epic Games updated the shooter game Fortnite to bypass Apple's 30% cut of App Store sales.
Persons: Tim Sweeney, Apple, Phil Schiller, Sweeney, Schiller, Organizations: Epic Games, Apple, Games, Digital, Epic, Apple App, European Commission, Markets, Apple Developer, CNBC Locations: Seoul, South Korea, Sweden, iPhones, Europe, U.S, California
The overhaul rolling out Thursday only in the Europe represents the biggest changes to the iPhone's App Store since Apple introduced the concept in 2008. Among other things, people in Europe can download iPhone apps from stores that aren't operated by Apple and are getting alternative ways to pay for in-app transactions. That came during testimony in a May 2021 trial resulting in a U.S. judge ruling that the App Store isn't a monopoly. In that decision, the judge required Apple to begin allowing links to outside payment options inside iPhone apps in the U.S. Apple still doesn't permit alternative iPhone app stores in the U.S. or more than 100 other countries outside the EU.
Persons: Apple, Tim Sweeney, Steve Jobs, Epic's Sweeney, ” Apple Organizations: Apple, Union, Digital Markets, Spotify, Epic, European Commission, U.S, Regulators, Google, Facebook, Apple Watch, Supreme, EU Locations: Europe, Apple’s, Sweden, U.S, It's
Justin Tallis | AFP via Getty ImagesAn EU law that seeks to rein in large digital companies has officially kicked in, spelling big changes for primarily U.S. tech giants. CNBC runs through how the law impacts large U.S. tech companies — as well as consumers in the EU. The EU Digital Markets Act primarily impacts U.S. tech giants — the likes of Alphabet , Amazon , Apple , and Meta . The rules have already sparked big changes for tech giants in how they serve customers in the EU. It's likely more adjustments will come, as competitors to Big Tech firms aren't happy with the proposals put in place so far.
Persons: Justin Tallis, Bill Echikson, Echikson, ByteDance, Apple Organizations: Apple, Facebook, Microsoft, Getty, Digital Markets, European Commission, Center for, CNBC, Big Tech, EU Digital Markets, Meta, Google, Companies, EU, Spotify Locations: EU, U.S, iPhones
The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.
Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, , Agustin Reyna, , Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe
Sorry, boys — F1 is for the girls now
  + stars: | 2024-03-02 | by ( Maria Noyen | ) www.businessinsider.com   time to read: +13 min
There's been one female team principal, and only two female drivers have officially qualified for a race in the sport's history. In 1975, Lella Lombardi, nicknamed the "F1 Female Trailblazer," became the first and only woman to score points in a Grand Prix. In November 2022, F1 Group CEO Stefano Domenicali said that about 40% of F1 fans were female, an 8% increase from 2017. Advertisement'If a girl gets something wrong, they know absolutely nothing'The new wave of F1 fans hasn't always met with open arms. Courtesy of Neha SridharLike Jung, Sridhar runs an F1 TikTok account, though hers leans toward the tech side of things.
Persons: , Bella Jung didn't, He's, Jung, Jung didn't, Bella Jung, Statista, Carlos Sainz, Kym Illman, Lissie Mackintosh, Toni Cowan, Brown, There's, Lella Lombardi, Ronald Dumont, Stefano Domenicali, McLaren's Lando Norris, hasn't, Lewis Hamilton, Neha Sridhar, Sridhar, Charles Leclerc, aren't, Irene Su, Su, who's, Su's, Taylor Swift, George Russell, Gongora, NurPhoto, fandoms, Hamilton, Mercedes, Ferarri, Zayn Malik, they're, it'll, Susie Wolff, Toto Wolff, she's, she'd, It's Organizations: Service, Oracle, Business, NASCAR, Netflix, Las Vegas, Twitter, Prix, Drivers, ESPN, Austrian, Guardian, Tech, NFL, Getty, F1 Academy Locations: Bahrain
She has written a memoir about working for a secretive and wildly prestigious Wall Street hedge fund. Recruiters are one of the main gatekeepers for the hedge fund and private equity industries. I hadn't — but I had heard of Argon, a hedge fund that had long and widely been seen as financial royalty. A leading financial publication had called Carbon the world's hottest hedge fund. Another had named it one of the world's top-performing large hedge funds, ranking it among other hedge fund titans and their flagships, like Ray Dalio's Pure Alpha II and Ken Griffin's Citadel.
Persons: , Carrie Sun, Sun, Beowulf Sheehan Yuna, Carrie, Yuna, Chang's, Meijer, Peter, Boone Prescott, He's, Peter glanced, Boone, Jen, you'd, Ruth, Maya, Warren Buffett, Ray, Ken Griffin's, Griffin, Anne Hathaway, Chanel Organizations: Service, MIT, New, Boone, Samsung, Ann Arbor ., College, Carbon, NYU, Alpha, Penguin Press Locations: China, Michigan, Jersey City, Kansas, Midtown, receptionists, Manhattan, Ann Arbor, United States, New York, New Jersey, Anhui, Barneys, Madison, America, Boone, Missouri
The decision is a win for Apple, whose iMessage service has long faced complaints from Android users due to incompatibilities. The EU's competition restrictions also won't apply to Microsoft's Bing and Edge browsers, as well as the Redmond tech giant's online advertising service, Microsoft Advertising. The Tuesday pronouncement does not mean that Apple and Microsoft themselves won't still be treated as gatekeepers under the EU rules. Late last year, the EU unveiled six designated gatekeeper that would be subject to its rules: Google, Amazon, Apple, Meta, Microsoft, and TikTok owner ByteDance. Apple recently opened up its App Store for third-party developers in Europe, which could threaten the iPhone giant's lucrative fees.
Persons: Microsoft's Bing, Meta's WhatsApp, ByteDance Organizations: European Commission, Apple, Facebook, Users, Redmond, Microsoft, CNBC, EU, EU Digital Markets, Meta Locations: Europe
Louise Dean wrote four novels but found writing lonely and needed to work in a team. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThis as-told-to essay is based on a transcribed conversation with prize-winning author Louise Dean about running a business instead of writing. Before I became an author, I thought you had to be funny and clever to write a novel. Working alone at my desk was isolatingOver the next two decades, I was in a cycle of writing novels and raising kids.
Persons: Louise Dean, Dean, she's, , I'd, Simon & Schuster, Booker, Betty Trask, Le Prince Maurice, that's, weren't, I've Organizations: Service, Bookseller, Penguin Random, Costa Locations: New York, France, Northern Ireland, Nice, Belfast
True to form, Swift ensured this year's Grammy discourse would be dominated by her music, even if she didn't win a major award. Alas, the evening ended with Swift notching her record-breaking fourth win for album of the year. I was even more disappointed to watch Swift win over SZA, whose sophomore album, "SOS," earned universal acclaim. Despite being the most awarded person in Grammy history, Beyoncé has won only once in a general-field category (song of the year for "Single Ladies" in 2010). Only 11 Black artists have ever won album of the year.
Persons: , Miley Cyrus, palpably, Victoria Monét, Billie Eilish's, Joni Mitchell's, Taylor Swift, Swift, Stevie Wonder, Frank Sinatra, Paul Simon —, Stone, Lauryn Hill, Mikael Wood, SZA, Timothy Norris, FilmMagic, Jay, Beyoncé, Harry Styles Organizations: Service, Business, Poets Department, Los Angeles Times, Recording Academy
At the center of that growth are newer genres of Afrobeats — the renowned blend of distinct West African music styles — and amapiano, which fuses South African kwaito with African jazz, house music and soulful vocals. The 2022 track became the first led by an African artist to hit 1 billion Spotify streams and has the record for the most weeks — 64 — spent on Billboard’s Pop Airplay chart. And some tracks meld the genres under the African music umbrella. That reach is particularly interesting considering that African music is produced for its people, embodying all aspects of their lives from their culture and experiences to their struggles, LeriQ says. The continent leads mobile device web traffic in the world, according to the U.S. International Trade Administration, translating to more market opportunities for artists.
Persons: , Burna Boy’s, Rema’s, Selena Gomez, , Joey Akan, , Burna, , Musa Keys, Boy, Istanbul's, Rema, Davido, Tina Davis, Olamide's, Angélique Kidjo, LeriQ, Nay, Mitego, Chika Anene, gatekeepers, Eric Wainaina, G’bemi Ereku, Nigeria —, Jhello, ” ___ Mureithi, Maria Sherman Organizations: FIFA, International Federation of, Phonographic Industry's, Spotify, Afrobeats Intelligence, UEFA Champions League, Pew Research, U.S . International Trade Administration, United, Afro Nation, AP Locations: ABUJA, Nigeria, Nigerian, Saharan Africa, African, South Africa, Africa, Tanzania, Abuja, Kenyan, Lagos, United States, Statista, Nairobi, Kenya, Johannesburg, Los Angeles
Now, shows aren't just on traditional TV and there are far more places for parents and kids to find content. At a time when streaming services are eager to lure in new subscribers and decrease churn, having a hub for family-friendly content is one way to ensure paying members (i.e. "Kids and family-friendly content is critically important to both streaming acquisition and retention," said Peter Csathy, founder and chair of advisory firm Creative Media. That's vitally important for streaming services, especially as consumers grow more cost-conscious and weigh which services to keep month after month and which services to ditch before the next billing cycle. For a while, Wall Street was satisfied with high subscriber growth and the promise of profitability in the future.
Persons: hasn't, Dean Koocher, Koocher, aren't, Peter Csathy Organizations: Iconic, Disney, Nickelodeon, CNBC, Creative Media, Warner Bros, Discovery, Universal, Paramount, Netflix Locations: New York City
5 huge challenges facing Apple this year
  + stars: | 2024-01-25 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +9 min
Behind in generative AI. A recent Reuters report noted iPhone sales in China dropped 30% in the first week of the year amid pressure from rival Huawei. Still, Barclays downgraded Apple stock earlier this month citing disappointing iPhone 15 sales in China and softening demand for the latest iPhone. Apple also faces challenges around the upcoming rollout of the Vision Pro headset, which will be its riskiest product launch in years. Tim Cook, chief executive officer of Apple Inc., speaks during a launch event for the new Apple iPhone 15 at Apple Park in Cupertino, California, on September 12, 2023.
Persons: , David McQueen, ALY, Dan Ives, Apple, Justin Sullivan, Jitesh, IDC –, that’s, It’s, Siri, McQueen, , Ming Yeung, Tim Cook, Nic Coury, hasn’t, Brian Fung, Clare Duffy Organizations: CNN, Microsoft, Apple, ABI Research, Huawei, Reuters, Apple Watch, International Trade Commission, IDC, Meta, Google, Samsung, Mac, Barclays, Apple Inc, Getty, EU, Markets, Epic Locations: China, Shanghai, Cupertino , California, Milan, Italy, AFP
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