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Read previewOpenAI CEO Sam Altman is working on a new AI device startup with former Apple design chief Jony Ive and Laurene Powell Jobs, the widow of the late Apple founder Steve Jobs. Marc Newson, who cofounded LoveFrom with Ive, told The Times that they were still figuring out the product and its release date. Advertisement"I'm interested in this topic, I think it is possible," Altman told The Journal's tech columnist Joanna Stern at the event. Notably, Altman told Stern in October 2023 that he didn't think AI devices would eclipse smartphones. Related storiesFormer Apple employees Imran Chaudhri and Bethany Bongiorno cofounded their own AI startup, Humane in 2019 and launched their first product, the Ai Pin in November.
Persons: , Sam Altman, Jony, Laurene Powell Jobs, Steve Jobs, Brian Chesky, Altman, Airbnb, Emerson, Powell Jobs, Marc Newson, Joanna Stern, Stern, Imran Chaudhri, Bethany Bongiorno, Zoz Organizations: Service, Apple, The, The New York Times, The Times, Business, Apple Watch, Times, Bloomberg, Humane, Emerson, Business Insider Locations: OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Apple exec Jony Ive partners with OpenAI's Sam Altman to develop an AI-powered deviceCNBC’s Deirdre Bosa joins 'The Exchange' to report on Jony Ive and Sam Altman teaming up for a new AI device project.
Persons: OpenAI's Sam Altman, Deirdre Bosa, Sam Altman Organizations: Former Apple
In my nearly six years with the company, I worked in almost all of the Apple Store locations in the Dallas-Forth Worth area. Launch day preparations began a week ahead. They wanted to keep launch day special, with first reactions being from actual customers instead of Apple employees. Pretty much everyone was a salesperson on launch day. AdvertisementAnd then there were those who came in after launch day by accident — they were more interested in testing out the phones to see what they were all about.
Persons: , weren't, We'd, You've, Apple Organizations: Service, Apple, Business, Apple Intelligence Locations: Texas, Dallas, Forth Worth, bro, California
When the NFL signed an 11-year, $111 billion media rights deal in 2021, streaming was already part of the mix. Live sports broadcasts have maintained a large audience on traditional TV, even as consumers flee the cable bundle for streaming services. The majority of viewership still comes from traditional TV, according to ratings data. Schroeder said Tuesday that the NFL's strategy exists in both the traditional TV and streaming worlds. Netflix will stream NFL games for the next three years, with two games being streamed this year on the platform, and at least one matchup in both 2025 and 2026.
Persons: John Kelly Jr, Hans Schroeder, Peacock, Steve Jobs, Schroeder, Nielsen, Rick Cordella, Lori Conkling Organizations: Baltimore Ravens, NFL, Green Bay Packers, Lambeau, The, CNBC, Google, YouTube, Comcast, Netflix, Apple, NBC Sports, English Premier League, NBA Locations: Green Bay , Wisconsin, U.S, Brazil
Sports streaming venture Venu priced at $42.99 a month
  + stars: | 2024-08-01 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
Venu Sports, the sports streaming joint venture between Disney's ESPN, Warner Bros. The high-end pricing — common in direct-to-consumer sports streaming services — was expected in part so it wouldn't shake up any carriage agreements with traditional pay TV distributors. Live sports remain the highest rated TV programming and are the most costly part of the pay TV bundle. Users who sign up for Venu at $42.99 a month will have access to that entry pricing for 12 months, Venu noted Thursday — signaling there could be price increases ahead. The upcoming bundle will be priced at $16.99 a month with ads, and $29.99 a month ad-free.
Persons: Venu Sports, Venu, Pete Distad, Distad Organizations: NFL, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Disney's ESPN, Warner Bros . Discovery, Fox Corp, Venu Sports, Fox, Sunday NFL, Monday, Football, CNBC, Apple, Hulu, NBA, NHL, MLB, ABC, TNT, TBS, Disney, Warner Bros, Max Locations: Chicago, U.S
Artificial intelligence incorporated into Apple products could add another $30 to $40 each share of Apple stock, Wedbush estimated. "We strongly believe June will be the last negative growth quarter for China with a growth turnaround beginning in the September quarter. AdvertisementMorgan Stanley: Big upgrade cycle comingMorgan Stanley's research team reiterated Apple as its "top pick", thanks to a large number of Apple users set to upgrade their devices. "Apple Intelligence is a clear catalyst for a multi-year product upgrade cycle," analysts added in a note. But investors are still waiting for Apple Intelligence to roll out before sentiment improves.
Persons: , Wedbush, Needham, Morgan Stanley, Morgan Stanley's, Oppenheimer, Apple's Organizations: Service, Apple, Apple Intelligence, Business, OpenAI, Bank of America, Apple Care, Apple Music, Analysts, Barclays, Stock Locations: China, Asia, Needham, Apple's
Read previewLanding a corporate job at Apple is such a big deal for tech workers that some seek out career coaches to help get interviews. Apple is seen as a place where workers 'push boundaries'Apple positions itself as providing more than just a job. AdvertisementAs with its products, Apple has worked to brand itself as having a more playful and curious environment than its competitors. Related storiesEven Apple Park, the company's headquarters in Cupertino, California, has earned the nicknames "the spaceship" and "the ring" for its futuristic circular design. Another Apple hopeful posted that they were "getting desperate" for a job at the company and had applied for 60 jobs in one day.
Persons: , Marc Cenedella, Steve Jobs, Cenedella, They've, Apple, Ehsan Farkhondeh, Arianny Mercedes, they'd, Theresa Park, Mercedes, Dan Ives, Apple's, Drew Evans, Evans Organizations: Service, Apple, Business, Wedbush Securities, American Express, Employees, Spotify, Apple Intelligence Locations: Silicon, Cloud, Cupertino , California
Read previewFormer Apple design chief Jony Ive spent decades at the tech titan, but he said his best years were with late cofounder Steve Jobs. AdvertisementBut, those "very difficult years" were necessary for him to become the renowned designer he is today, according to Ive. Jony Ive was Apple's head of design during Jobs' second tenure at the company and led the development of the iPhone under the CEO. Alessia Pierdomenico / ReutersIve described his time working with Jobs at Apple from 1997 to 2011 as "the most joyful and extraordinary 15 years of my life." Unlike his first few years without Jobs, he said that learning at Apple became clearer and more focused on "what we were creating" with Jobs at the helm.
Persons: , Jony, Steve Jobs, Jobs, Steve, Alessia Pierdomenico, I'm Organizations: Service, Apple, Business
Read previewOpenAI cofounder and former chief scientist Ilya Sutskever announced his new venture on Wednesday — a research lab committed to developing "safe superintelligence." "I am starting a new company," Sutskever said of his new project, Safe Superintelligence Inc. (SSI) in an X post. I am starting a new company: https://t.co/BG3K3SI3A1 — Ilya Sutskever (@ilyasut) June 19, 2024According to SSI's website, the lab has "one goal and one product: a safe superintelligence." AdvertisementRepresentatives for Safe Superintelligence and OpenAI didn't immediately respond to requests for comment from BI sent outside regular business hours. Following Altman's return, Sutskever appeared to have been shut out of OpenAI, BI reported in December, citing people familiar with the situation.
Persons: , Ilya Sutskever, Sutskever, BG3K3SI3A1 — Ilya Sutskever, Daniel Gross, Daniel Levy, Ashlee Vance, Bloomberg's Vance, OpenAI didn't, Elon Musk, Sam Altman's, Altman, Altman's, OpenAI, splintering, Dario, Daniela Amodei Organizations: Service, Superintelligence Inc, Business, SSI, Apple, BI, OpenAI, Amazon, Google Locations: OpenAI
Former Apple bear turns neutral after WWDC event
  + stars: | 2024-06-14 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Apple bear turns neutral after WWDC eventWalter Piecyk, Lightshed Partners, joins 'Fast Money' to explain why he is neutral on Apple following the World Wide Developer Conference.
Persons: Walter Piecyk Organizations: Former Apple, Lightshed Partners, Apple, Conference
iPod inventor Tony Fadell thinks Apple is on the right track when it comes to AI. Fadell said Apple's latest AI offerings are a "solid first effort" that focuses on users. The former Apple executive said there was too much hype surrounding what AI could do. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementApple may seem to be trailing flashy AI firms like OpenAI, but iPod inventor Tony Fadell thinks the company's slow but steady approach to the technology is the right one.
Persons: Tony Fadell, Fadell, , Siri Organizations: Apple, Service, Business
The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. watch nowThis is the dark underbelly of the generative AI gold rush. Last year marked the beginning of the generative AI boom, following the debut of OpenAI's ChatGPT near the end of 2022. Justin Sullivan | Getty ImagesAn AI engineer at Microsoft said the company is engaged in an "AI rat race." The Microsoft AI engineer said a lot of tasks are about "trying to create AI hype" with no practical use.
Persons: Sebastien Bozon, Jensen Huang, Tech's, Amy Hood, Mark Zuckerberg, Zuckerberg, Andy Jassy, Jassy, they're, Eric Gu, , Gu, Satya Nadella, Sam Altman, Justin Sullivan, there's, Morry, Kolman, doesn't, Sundar Pichai, Bard, There's, That's, beholden, Ayodele Odubela, ", it’s, Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, Odubela, Gemini Organizations: Google, Apple, Facebook, Microsoft, AFP, Getty, Amazon, CNBC, Big Tech, Nvidia, Google . Engineers, Tech, Vision, Cloud Next, Web, Amazon Web Locations: Mulhouse, France, East Coast, Seattle, ChatGPT, San Francisco, Vegas, Las Vegas, German
Corey Griffin landed a job as a software engineer at Apple after showcasing his side hustles. He worked for Apple Music but left to pursue his business this year. I applied for a job at Apple 4 timesI landed a job as a software engineer at Apple in August 2021. I left my Apple job after 2 yearsI worked on software for the Apple music team, including radio and podcasts. I left Apple in December 2023 to pursue my media business full-time, particularly the Speakflow product.
Persons: Corey Griffin, Griffin, , Vox, I'd Organizations: Apple, Apple Music, Service, Los Angeles . Business, Big Tech, Stanford, Harvard, Rotten Locations: Los Angeles, Culver City , California
But Huang’s family said Tesla oversold its Autopilot technology’s capabilities, and that it is not as safe to use as advertised. Tesla has come under intense scrutiny for its Autopilot technology over the six years since Huang’s fatal crash. That didn’t happen in the case of Huang’s crash, Tesla has said. Although Huang’s family acknowledges he was distracted while the car was driving, they argue Tesla is at fault because it falsely marketed Autopilot as self-driving software. If the jury finds in favor of Huang’s family, Tesla could have to pay damages, and they could add up quickly.
Persons: New York CNN — Tesla, Tesla, Walter Huang, Elon Musk, Huang, Huang’s, Mrs, , Mark Fong, Musk, Organizations: New, New York CNN, Apple, National Transportation Safety, Traffic Safety Administration, NHTSA Locations: New York, Silicon Valley, United States, California
Apple is suing a former software engineer for leaking confidential information. It said Aude still poses a threat because of his knowledge of confidential company information. AdvertisementApple is suing a former employee who it said leaked confidential information, including about products he didn't like, from his work-issued iPhone. The tech giant is suing Aude, who was hired in 2016, for breaching its confidentiality agreement and violating labor laws. "His disclosures also have impeded Apple's ability to surprise and delight with its new offerings," the tech company said in its lawsuit.
Persons: Apple, Andrew Aude, , Aude Organizations: Apple, Service, Apple's, Vision, MacRumors, Street Locations: California
Verily, the life sciences group owned by Alphabet, laid off staff this week as part of a restructuring in its molecular sciences group, Business Insider has learned. Verily spokesperson Steven Cooper confirmed the cuts in an email to BI, stating that the affected employees worked on Verily's Immune Profiler project, which studies the human immune system for improving disease management. He declined to share the exact number of employees cut, but one source familiar with the situation said 35-40 people were affected. Verily is in the process of separating from Alphabet's infrastructure, part of a project named Flywheel that BI first reported on in 2021. It has set the end of 2024 as the deadline for detachment, a person familiar with the project told BI.
Persons: Verily, Steven Cooper, Cooper, Stephen Gillett, Andy Conrad, Amy Abernethy, Stat, Myoung Cha Organizations: Business, Apple Health
Since a trio of media titans announced a new sports-focused streaming service last month, key details of the project have been shrouded in mystery. Discovery — said that it would be led by Pete Distad, a former executive at Apple who had been in charge of distribution of the tech giant’s Apple TV+ streaming service. By selecting Mr. Distad, an executive with a mix of tech and media experience, the companies behind the service signaled that the new service needs a leader who understands the old-school economics of cable television and the promise of the rapidly unfurling streaming business. Before he joined Apple, Mr. Distad helped start Hulu, the last major streaming joint venture. In a statement, Mr. Distad said he was looking forward to pulling together “industry-leading sports content portfolios” from the three companies.
Persons: , Pete Distad, Distad Organizations: titans, — Fox, Disney, Warner Bros, Apple, Hulu Locations: Los Angeles
DETROIT – General Motors' long-time head of manufacturing is retiring, and the company has hired a former Tesla and Google executive to fill his shoes. The Detroit automaker said on Tuesday that Gerald Johnson, executive vice president of Global Manufacturing and Sustainability, will pass the baton to Jens Peter "JP" Clausen, a former executive with Tesla, Lego and, most recently, Google. Johnson's departure isn't unexpected after a 44-year tenure with the automaker, however GM also announced another more surprising departure on Tuesday: that of Mike Abbott, executive vice president of software and services. Baris Cetinok, current vice president of product in software and services, has been named Abbott's interim replacement while a search is conducted. The company's board members include former Tesla President of Global Sales and Service Jon McNeill.
Persons: Gerald Johnson, Jens Peter, JP, Clausen, Johnson, Mike Abbott, Abbott, Baris Cetinok, Elon Musk, JB Straubel, Tesla's, Tesla, Gingko Bioworks, Jon McNeill Organizations: Motors, Global Manufacturing, Labor, DETROIT –, Google, Detroit, Sustainability, GM, Apple, Tesla, Softbank, company's, Technology, Global Sales Locations: Warren , Michigan, DETROIT, Nevada, Reno, Zymergen
Scott Mlyn | CNBCDETROIT — General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will start at $50,195, or $6,520 less than when it first went on sale in August. "There is not this singular, predominant root cause that causes all of these issues," Cetinok told CNBC during an interview. Still no Apple CarPlayIn addition to fixing the software issues, GM added or changed some features following early customer feedback. More expensive "RS" models of the Blazer EV will be reduced by $5,620 to starting prices of $54,595 for all-wheel drive, or $56,170 for rear-wheel drive.
Persons: Scott Mlyn, Baris, Cetinok, Price Organizations: Electric, CNBC DETROIT —, Motors, Chevrolet, GM, CNBC, Apple, Blazer SS EV, Android Auto, Blazer, Apple Inc
A former Apple engineer was sentenced to prison after pleading guilty to stealing trade secrets. Apple accused him of planning to sell trade secrets from when he worked on a car project from 2015 to 2018. AdvertisementFormer Apple employee Xiaolang Zhang has been sentenced to prison after pleading guilty to all charges of stealing trade secrets in August 2022. Apple's "Project Titan" autonomous car effort is years in the making and has faced numerous delays and pivots. An Apple car was initially rumored to come out in 2021, with speculation surrounding secret labs in Berlin and California.
Persons: Apple, , Xiaolang Zhang, Zhang, Tim Cook didn't, wouldn't Organizations: Apple, Service, Guangzhou Xiaopeng Motors Technology, US, Office, New York Times, Northern, Northern District of Locations: Guangzhou, Berlin and California, Northern District, Northern District of California
The AX Visio are a pair of AI-powered bird-watching binoculars that were unveiled at CES 2024. The binoculars can identify more than 9,000 types of birds and other wildlife. The binoculars use AI image recognition technology and data from the Merlin Bird ID database to help you easily identify more than 9,000 birds and other wildlife at the click of a button. They rely on a built-in camera that allows the binoculars to identify still or moving images of birds, and you can immediately share the photos and videos you create by pairing the binoculars with a smartphone. This story is available exclusively to Business Insider subscribers.
Persons: Marc Newson, , Merlin Organizations: CES, Apple, Service, Electronics, Business Locations: Las Vegas
Former Apple Exec Lists Aspen Home for $45 Million
  + stars: | 2023-11-30 | by ( E.B. Solomont | ) www.wsj.com   time to read: 1 min
As Apple ’s vice president of real estate, design, and construction for 13 years, Bob Bridger helped design the tech giant’s glassy, expansive stores. When he built a home in Aspen, Colo., after leaving Apple in 2015, he brought some of that sensibility to the contemporary estate, which has floor-to-ceiling windows and a “clubhouse” building with a glass garage door. Through Bridger’s relationships with vendors from his time at Apple, he connected with the owners of a quarry in Marble, Colo., and was able to handpick the stone in the house. After several years of construction, the property was completed in 2022, and Bridger is now putting it on the market for $45 million.
Persons: Apple ’, Bob Bridger, Bridger Organizations: Apple Locations: Aspen, Colo, Marble
EV battery startup ONE cuts workforce by 25%
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
The logo for Our Next Energy (ONE) is seen outside the company's headquarters in Novi, Michigan, U.S., April 25, 2022. Photo taken April 25, 2022. REUTERS/ Rebecca Cook/File Photo Acquire Licensing RightsNov 27 (Reuters) - Our Next Energy (ONE) said on Monday it has cut around 25% of its workforce, or 128 employees, as the electric-vehicle battery startup deals with high borrowing costs and an uncertain economy. Tesla (TSLA.O) supplier Panasonic Holdings (6752.T) said last month that it had cut automotive battery production in Japan in the September quarter, underscoring a global slowdown in EV sales due to high interest rates. Reporting by Zaheer Kachwala in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
Persons: Rebecca Cook, Mujeeb Ijaz, Zaheer Kachwala, Maju Samuel Organizations: Next Energy, REUTERS, Energy, Apple, Panasonic Holdings, Thomson Locations: Novi , Michigan, U.S, Michigan, American, Japan, Bengaluru
AdvertisementIn the past, I've argued that Apple products have become boring because Apple seems to have lost its way with useful product innovation. But the truth is, there's a very good reason why Apple doesn't do drastic changes to its products: slow, steady and reliable products are keeping Apple on top. To be fair, under CEO Tim Cook, Apple has had several big hit new products: Apple Watch and Air Pods, come to mind. While Air Pods will work with others, they are really designed to work best with Apple products. But ultimately, even if you find Apple products boring rather than classic, they are a great choice for those looking for long-lasting, high-quality, user-friendly, reliable technology.
Persons: I've, Tim Cook, Steve Jobs, , Apple, Ai Pin, haven't, Sperry Docksiders, it's, Ive, Cook, Siri Organizations: Apple, Service, Vision, Apple Watch, Microsoft, Ferraris, Honda, BMW, Microsoft Kin, Rolex, Porsche, Jobs, Google, Ford Locations: Cook, Milan
Brother Spirit is a monk in the French monastic community of Plum Village. Brother Spirit played a role in connecting Salesforce CEO Marc Benioff with Humane's founders. Brother Spirit said competition is not the best way to drive innovation. Brother Spirit did not respond to Insider's request for a comment, so it's unclear exactly when he befriended Benioff. Brother Spirit, who also goes by Brother Pháp Linh, appears to be active on social media.
Persons: Brother Spirit, Marc Benioff, Imran Chaudhri, Bethany Bongiorno, Benioff, Times ., Spirit, He's, Barack Obama, Tim Cook, Fleetwood Mac, , Brother Pháp Linh, CK Lin, Lin Organizations: Brother, Humane's, Service, Apple, Google, The New York Times, Times, Salesforce, Cambridge University Locations: Plum, Salesforce, Bordeaux, France, San Francisco
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