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LONDON (AP) — Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a longrunning European Union dispute, following a legal opinion Thursday from an adviser to the bloc's top court. The ECJ's opinions aren’t legally binding, but are often followed by the court. The Court of Justice is expected to come up with its legally binding decision next year. “We thank the court for its time and ongoing consideration in this case," Apple said in a prepared statement. "The General Court’s ruling was very clear that Apple received no selective advantage and no State aid, and we believe that should be upheld.”The European Commission declined to comment.
Persons: Giovanni Pitruzzella, Tim Cook, Donald Trump, Margrethe Vestager, , Pitruzzella, , Apple, Court’s Organizations: European Court of Justice, Apple, , European Commission, Court of Justice, European Locations: Ireland, European, U.S
The next Apple Watch could help detect sleep apnea by tracking your breathing, Bloomberg reports. The feature, set to come out in 2024, will detect a person's breathing while they sleep and help determine if they exhibit signs of sleep apnea, according to the report. Right now, the Apple Watch does have some health-tracking abilities and can monitor things like heart rate and blood oxygen levels. AdvertisementAdvertisementThe Apple Watch isn't the only tool Apple has been working to equip with health-conscious technology. Apple has been coming out with a new version of the Apple Watch every year since its 2015 debut.
Persons: Apple, Organizations: Apple, Bloomberg, Vision, Service, Apple Watch
The Israel Defense Forces issued an "urgent warning" to residents of Gaza on Saturday. In a video posted on X, the IDF said civilians should evacuate northern Gaza and Gaza City. This is an urgent military advisory from the Israel Defense Forces," an IDF spokesperson said in the video. "For your immediate safety, we urge all residents of northern Gaza and Gaza City to temporarily relocate south." Insider's messages to Gaza residents on Saturday were not delivered.
Persons: Organizations: Israel Defense Forces, Service, Twitter Locations: Gaza, Gaza City, Israel
Warren Buffett's Berkshire Hathaway should be part of a "Magnificent Eight," Jim Worden says. AdvertisementAdvertisementThe "Magnificent Seven" should be expanded to include Warren Buffett's Berkshire Hathaway, one investment chief says. Berkshire commands a larger market capitalization than Tesla or Meta, but it's not counted as a member of the Magnificent Seven because it's not a fast-growing technology company. Including it would provide significant diversification to the group of high-flying stocks, Worden said. It also holds roughly $350 billion worth of stocks, including multibillion-dollar stakes in Apple, Bank of America, Chevron, Coca-Cola, and Kraft Heinz.
Persons: Warren, Berkshire Hathaway, Jim Worden, , Warren Buffett's Berkshire Hathaway, I'm, it's, Worden, Kraft Heinz, Buffett, Charlie Munger, Munger Organizations: Service, Apple, Microsoft, Nvidia, Wealth Consulting, Berkshire, Bank of America, Fed Locations: Chevron, Berkshire, Treasuries
Sidney Powell pleaded guilty to election interference in Georgia's criminal case last week. On social media, she has continued to push claims that the 2020 election was rigged and prosecutors target conservatives. She also shared a post about a survey that claimed many Democrats believe "cheating affected the outcome of the 2020 election." Chesebro and Powell have both pleaded guilty in the Fulton County election interference case. Fulton County sheriff's officeNeither Powell nor a representative for the Fulton County district attorney's office responded to a request for comment.
Persons: Sidney Powell, Powell, , Joe Biden's, Fani Willis, Willis, Donald Trump, Rudy Giuliani, Jenna Ellis, Trump, Dinesh D'Souza, Dan Bongino, Robert F, Kennedy Jr, D'Souza, Tim Fitton, Fitton, Biden, John Eastman, couldn't, Steve Sadow, Powell's, Mugshots, Kenneth Chesebro, Chesebro, Ronald Carlson, Carlson, Michael Flynn, Trump's, Flynn, Mike Flynn Organizations: Service, Trump, Strike Force, House, Dominion, Twitter, Police, Trump Justice Department, Truth Social, Federalist, University of Georgia School of Law, FBI, Fascist Locations: Georgia, Fulton County, Coffee County, California, Atlanta, Republic, Fulton, United States
NEW YORK (AP) — The already-alarming proliferation of child sexual abuse images on the internet could become much worse if something is not done to put controls on artificial intelligence tools that generate deepfake photos, a watchdog agency warned on Tuesday. In a written report, The U.K.-based Internet Watch Foundation urges governments and technology providers to act quickly before a flood of AI-generated images of child sexual abuse overwhelms law enforcement investigators and vastly expands the pool of potential victims. If it isn’t stopped, the flood of deepfake child sexual abuse images could bog investigators down trying to rescue children who turn out to be virtual characters. “That is just incredibly shocking.”Sexton said his charity organization, which is focused on combating online child sexual abuse, first began fielding reports about abusive AI-generated imagery earlier this year. It particularly targets the European Union, where there's a debate over surveillance measures that could automatically scan messaging apps for suspected images of child sexual abuse even if the images are not previously known to law enforcement.
Persons: “ We're, , Dan Sexton, , isn’t, Sexton, who’ve, , ” Sexton, they're, David Thiel, Kamala Harris, Susie Hargreaves, ” ___ O'Brien, Barbara Ortutay, Kim Organizations: Internet Watch Foundation, Court, IWF, European Union, Technology, Stanford Internet Observatory, U.S, Associated Press Locations: South Korea, Busan, Spain, London, Providence , Rhode Island, Oakland , California, Seoul
Ukraine revealed it has ATACMS this week after launching several strikes on Russian airbases. The attack destroyed multiple helicopters and other weaponry, Kyiv's defense ministry said. According to Western intelligence, this may cause lasting damage to Russian airpower and force a change in basing. On Tuesday, Ukraine's special operations forces used ATACMS to carry out strikes on Russian airfields in Berdyansk and Luhansk — two locations in Russian-occupied territory. —Defense of Ukraine (@DefenceU) October 18, 2023Russia has had to do this before in response to other Western weapons.
Persons: , there's, wishlist, Volodymyr Zelenskyy, Biden, Mykhailo Podolyak, Zelenskyy Organizations: Service, MGM, Tactical Missile Systems, , Artillery Locations: Ukraine, Moscow, Berdyansk, Luhansk, Russia, Azov, Russian, France, Sevastopol, Washington, United States
The mix of loose fiscal policy and tight monetary policy looks similar to the 1980s, BofA said. In that decade, those circumstances led to high yields and a strong dollar, similar to what's occurring today. As high yields have generally corresponded with a strong dollar, the greenback will remain historically strong, even if inflation is tamed and interest rates reverse course. AdvertisementAdvertisementBofA continues to forecast a non-landing scenario for the economy, which would support both high yields and a strong dollar. This is a case of markets getting concerned about US debt sustainability, both weakening the USD and increasing yields," Bofa added.
Persons: BofA, , Reaganomics, Volcker, Bofa Organizations: Service, Bank of America, FX
A Goldman partner criticized the bank's launch of Apple savings accounts as a mistake, WSJ reports. Goldman has reportedly been exploring offloading its Apple partnership to AmEx. "We should have never done this f—ing thing," an unnamed Goldman partner, speaking about the bank's April savings accounts launch with Apple, reportedly told others at the bank. Other Goldman insiders apparently agree with the unnamed partner's feeling that the partnership was a mistake, the Journal reported. The Journal reported in July that Goldman was considering offloading its Apple partnership, possibly to American Express.
Persons: Goldman, , David Solomon, We've, Solomon, Insider's Dakin Campbell Organizations: Apple, Service, Wall Street Journal, The, American Express, General Motors, GM, Goldman
A new study shows Levi's Stadium generated $2 billion for the local economy in its first 10 years. More than $300 million was brought in before Levi's Stadium opened and was used to help pay for its construction. Her two concerts at Levi's Stadium in July are estimated to have generated a total of $33.5 million in economic impact for the area. AdvertisementAdvertisementGuido thanked the citizens of the Bay Area in a letter and lauded the economic impact study in a statement. Before the Levi's Stadium analysis, most earlier studies showed the impact of a stadium rarely lives up to the promises of the teams.
Persons: Taylor Swift, , SportsEconomics, Coldplay, Elton John, Kate Green, Al Guido, QuestionPro, Swifties, Mike Coppola, doesn't, Robert Beck, Goldman Sachs, Guido Organizations: Service, San Francisco 49ers, 49ers, Levi's, NFL, Office Sports, Bank of America, Fortune, Las Vegas Convention, Vistors Authority, Super, MTV, Goldman, Santa Clara Stadium Authority, Minnesota Vikings, Swift Locations: Santa Clara, Glendale , Arizona, Minneapolis
Prosecutors allege in a new filing that Santos filed false campaign finance reports to the FEC. The feds also say he reported loaning $500,000 to the campaign even though he didn't have the money. AdvertisementAdvertisementRepublican Rep. George Santos of New York falsely inflated his campaign's fundraising figures in order to garner support from the National Republican Campaign Committee (NRCC), federal prosecutors said in a new filing on Thursday. AdvertisementAdvertisementSantos and Marks also falsely reported $53,200 in contributions from 10 different family members of Santos, according to prosecutors. Santos ended up qualifying for the program the following month based on the false campaign finance reports.
Persons: Santos, arm's, didn't, , George Santos, Nancy Marks, Marks, who's, Joseph Murray Organizations: GOP, Service, National Republican Campaign, Prosecutors, Federal, House Republicans Locations: George Santos of New York, United States
Apple CEO Tim Cook just sold $88 million of his stock, earning about $41.5 million after taxes. The iPhone maker's boss cashed in 13% of his stake, but still owns shares worth $570 million. The disposals generated around $88 million of gross proceeds, but roughly $44 million was withheld by Apple to cover the taxes incurred. For example, he sold $752 million worth of Apple stock in August 2021, netting himself around $355 million after taxes. Following his latest trades, Cook owns about 3.3 million Apple shares, a position worth $570 million as of Wednesday's close.
Persons: Tim Cook, Cook, , Apple, Tesla, Warren Buffett's Berkshire Hathaway, Buffett Organizations: Apple, Service, TSR, Nvidia, Tech Locations: Warren
Not long after founding the startup, Gaon shared his vision with famed venture capitalist Marc Andreessen. It was notable to Gaon at the time that Andreessen — "one of those investors who's known for seeing where the market is going" — appeared to have pinpointed loneliness as its own market. That moved her parents, Cindy and Anne Jordan, who had sold their first healthtech company years before, to found the Arizona company Pyx Health. "The loneliness crisis is bigger, and more urgent, than anything I've worked on before," Nyborg wrote in a blog post. Inspired debuted a thesis in 2020 that identified loneliness as a key focus for the firm to invest in.
Persons: Benjamin Gaon, Boaz Gaon, Benny, Gaon, Marc Andreessen, Andreessen, Wisdo, , Anne Wojcicki, Marius Nacht, Andreessen Horowitz, Vivek Murthy, Betsy Hoover, Bumble, Rylie Sarabia, Cindy, Anne Jordan, policyholders, Dawn Owens, it's, Owens, Julie Rice, Elizabeth Cutler, Rice, Peoplehood, Phil Levin, Levin, Culdesac, Renate Nyborg, I've, Nyborg, Hugo Amsellem, He's, Ava, Catalyst, Nate Tepper, Tepper, Adam Besvinick, Frances Haugen, Hoover, Alexa von Tobel, von Tobel, David Spinks Organizations: Pyx, Labs, verve, Investors, Pyx Health, TT Capital Partners, New, Khosla Ventures, Sequoia Capita, AI Fund, NEA, AIs, Looking Glass, Anonymous, Glass, Facebook, Bloomberg Locations: Arizona, Minneapolis, New York, Ava, France, Peoplehood, Hopscotch
Donald Trump's ex-accountant spent three hours recognizing documents on Tuesday. AdvertisementAdvertisementThe New York attorney general and Donald Trump's lawyers used dynamic visuals and bombastic language to savage one another in court on Monday. Come Tuesday morning, the state found itself having to spend three hours asking Trump's former accountant Donald Bender to authenticate documents. He'd ask Bender if he recognized the signature of Trump Organization executive Allen Weisselberg, which was helpfully labeled "Allen Weisselberg," and that of Donald Trump Jr., helpfully labeled "Donald Trump Jr."AdvertisementAdvertisementBender, with his eye for detail, always did. James is hoping the trial brings $250 million in penalties and that Trump and his adult sons are banned from ever running a business in New York state again.
Persons: Donald Trump's, Donald Bender's, Trump, , Donald Bender, Bender, Bender —, Allen Weisselberg, Donald Trump Jr, Arthur Engoron, Engoron, Letitia James, Alina Habba, Habba, Chris Kise —, James Organizations: Service, Trump Organization, New York, Trump Locations: York, New York
Elon Musk's X appears to have removed a feature letting users report electoral misinformation. AdvertisementAdvertisementElon Musk's X — formerly known as Twitter — appears to have removed a feature that allows users to report misinformation about elections, according to research from a major Australian think tank . It could also impact users' ability to report fake electoral news in the run-up to the 2024 US presidential elections. The letter points out that reporting categories on the social media platform no longer have the option to report electoral misinformation. Previously Australian users could select 'It's misleading' about 'Politics' category.
Persons: Elon Musk's, , Elon, Angus Keene —, didn't, X, Elon Musk, Linda Yaccarino Organizations: Service, Twitter, TechCrunch, European Union, Reuters Locations: Australian, Australia, New Zealand, Brazil, Spain
Apple is marketing a security feature after the WSJ revealed it can be used by iPhone thieves. Thieves have reportedly taken up to $10,000 through iPhones by using the Apple ID reset feature. Earlier this week, Apple made a post on X, previously known as Twitter, that included a short video on how Apple users can change the passwords to their Apple ID accounts. "I absolutely cannot believe Apple is marketing this as a feature," Stern wrote on X. "Of course, I tried it like minute three, I tried it," Ayas told Insider in reference to the "Find my iPhone" feature.
Persons: they've, Apple, Joanna Stern —, Stern, John Gruber, Gruber, wasn't, Ayas, — Apple, Apple hasn't, Gruber didn't Organizations: Apple, Service, Street, Mac, . Apple Locations: Wall, Silicon, New York
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTThe Apple Watch Series 9, 45mm version, in aluminum with the new Snoopy watch face. Apple is releasing new Apple Watch models, called Series 9, on Friday. I've been testing a 45mm aluminium Apple Watch Series 9 for a few days. Apple provided an Apple Watch Series 9 with pre-release software for this review. Brighter displayThe other big hardware improvement to the Apple Watch Series 9 is a brighter display.
Persons: you've, it's, Siri, Kif, CNBC Siri, I've Organizations: Apple, Apple Watch, Apple's, Apple News, Vision, CNBC
The United Auto Workers president Shawn Fain defended worker demands for a 40% pay increase. He appeared on CBS on Sunday saying a pay rise won't stop automakers from making "billions in profits." He also criticized Tesla CEO Elon Musk, calling him "greedy." "Most of these workers in those companies are scraping to get by so that greedy CEOs and greedy people like Elon Musk can build more rocket ships and shoot their self into outer space. AdvertisementAdvertisementIf the UAW wins on its demands for higher pay, the Detroit 3's hourly labor costs could more than double to $136 an hour, according to Wells Fargo estimates.
Persons: Shawn Fain, Tesla, Elon Musk, Elon, Stellantis —, Fain Organizations: United Auto Workers, CBS, Service, United Auto Workers union, Detroit, Ford, General Motors, UAW, Tesla, Toyota, Workers, GM Locations: Wall, Silicon, United States, Wells
For billionaires and their celebrity friends, warm weather means it's yacht season. Four years later, Bezos is no longer Amazon's CEO, and he's spent the last few months earning a new title: king of the high seas. As 2023's yacht season comes to a close, it's clear that Bezos' brand new $500 million superyacht won the summer. AdvertisementAdvertisementYacht season's runner-up: billionaire Barry Diller's EosThe Eos, owned by Barry Diller and Diane von Furstenberg, is a yacht-season staple. The Eos docked in Venice to end its summer season, where von Furstenberg hosted the annual DVF Awards — and began furnishing one of her dry-land residences.
Persons: Jeff Bezos, David Geffen's, Goldman Sachs, Lloyd Blankfein, he's, superyacht, David Zaslav, Bezos, Koru, Lauren Sanchez —, , that's, Sanchez, Bill Gates, Whitney Wolfe Herd, Ari Emanuel, Leonardo DiCaprio, Orlando Bloom, Katy Perry, Usher, Barry Diller's Eos, Barry Diller, Diane von Furstenberg, Horacio Villalobos, Eos, Diller, von Furstenberg, Oprah Winfrey, Gayle King, Edward Enninful, Valentino, Valentino Giancarlo Giammetti, Kris Jenner, Candice Bergen, Emma Thompson, Jason Blum, Diane Sawyer, Bryan Lourd, Giorgio Armani's, Sydney Sweeney, Kerry Washington, Geffen, it's Organizations: Service, Warner Bros, Discovery, Hollywood, Bezos, British Vogue, Creative Artists Agency, Geffen Locations: Wall, Silicon, Gibraltar, Spain, Cannes, Positano, Dubrovnik, Croatia, Mallorca, Greece, Amalfi, Venice, Venice's, Capri, Portland , Maine
Elon Musk bought a horse farm in Texas near Tesla's Gigafactory, author Walter Isaacson wrote. The biographer said Musk envisioned a house that looked like "something fell out of space." The Wall Street Journal has reported Musk was building a glass house, but he has denied the reports. "He needs a place where his sole resides and that's what the horse farm will be for him." At the time, Musk denied living in the modular house, saying that he lives in a different small house in Texas.
Persons: Elon Musk, Tesla's Gigafactory, Walter Isaacson, Musk, Elon, , Austin Gigafactory, Isaacson, Norman Foster, Steve Jobs, Foster, Foster didn't, Isaacson —, Tesla, Foc Kan, Omead Afshar, Afshar, Grimes, Robyn Beck, Zilis hasn't, Weeks, he'd Organizations: Elon, Service, Tesla, The Boring Company, Wall Street, Bloomberg, Department of Justice, Securities and Exchange Commission, Getty, LinkedIn, SpaceX Locations: Texas, Tesla's, Wall, Silicon, Colorado, Austin, California, Mars
But Wedbush's Dan Ives says the fears are ' way overdone' as the ban could only impact 1% of iPhone sales in China. overdone' as the ban could only impact 1% of iPhone sales in China. There's also another reason why Beijing is unlikely to widen an iPhone ban in the country. China's ban on foreign phone brands in government agencies echoes similar restrictions in the US — such as a New York City ban on TikTok on government-owned devices. They've lost 6% since Wednesday after the news of China's iPhone ban broke.
Persons: Wedbush's Dan Ives, Dan Ives, Amit Daryanani, There's, Daryanani, They've, Evercore Organizations: Apple, Service, Investors, Wall Street Journal, Evercore ISI Locations: Beijing, China, Wall, Silicon, Washington, New York City
Former and current Disney execs told CNBC they think Bob Iger's plan is to one day sell to Apple. Analysts have speculated about an Apple acquisition of Disney for years. Iger himself wrote that he thinks the two companies would have combined if Steve Jobs were still alive. The Disney CEO has already made clear that the door is open for potential sales of non-core Disney assets, including ABC and cable networks like FX and National Geographic. Iger himself had a long-standing relationship with Steve Jobs, as did Disney with Apple.
Persons: Disney execs, Bob Iger's, Iger, Steve Jobs, Bob Iger, Bob Chapek —, He's, he's, Jobs, Steve, Laura Martin, — Martin Organizations: Disney, CNBC, Apple, Analysts, Service, SAG, ABC, FX, Geographic, ESPN, Pixar, Apple TV, Walt Disney Company Locations: Wall, Silicon, Needham
Fearless Media is a newsletter about the future of entertainment, media, and tech by Creative Media chairman Peter Csathy . Elon Musk's wields immense influence that spans technology, space, communications, and transporation. And I'm not just talking about global communications and Twitter/X's strategic importance to the worlds of media and entertainment, not to mention global leaders themselves. Musk, in many ways, rules our lives, yet few of us — apparently including governments like our own — fully appreciate that. Musk also controls nearly 5,000 satellites with StarlinkMany forget that Musk also controls the skies well above us all around the globe.
Persons: Peter Csathy, Elon Musk's, transporation, Elon Musk, I've, Musk, we're, Tesla, Let's, Steve Jobs Organizations: Creative Media, Morning, Fearless Media, Elon, Libertarian, SpaceX, NASA, Ford, General Motors, Company, FDA, PayPal, Twitter, Creativie Media Locations: Ukraine, Russia, China
US search spend on retail media properties is expected to grow 18.7% this year, while search spend outside retail media is expected to grow just 5%, per Insider Intelligence. Despite offering Shopping Ads and analytics and order management tools, industry analysts usually don't consider Google as a retail media operator. AdvertisementAdvertisementHowever, not all retail media spend is coming at the expense of Google and traditional advertising channels. Forrester's second-quarter marketing CMO pulse survey found that the majority of retail media spend is coming from existing trade and shopper marketing budgets. Retailers are cannibalizing those budgets to fuel growth of their retail media networks, said Nikhil Lai, senior analyst at Forrester.
Persons: , Alex Brownsell, Bill Fisher, Nikhil Lai, Forrester's Lai Organizations: Google, Walmart, Service, Retail, Intelligence, Kroger, Forrester, Apple, Instacart Locations: Amazon, Wall, Silicon, Instacart
A new video has surfaced of Yevgeny Prigozhin, where he claims to be in Africa in mid-August. In it, the Wagner Group leader says he's doing "fine" amid speculation over his wellbeing. The footage appears to be from just days before Prigozhin died in a plash crash near Moscow. Prigozhin's reference to a weekend in the second half of August indicates that the newly surfaced video was likely filmed around August 19 or 20, just days before he died in a plane crash. After initial reports of the plane crash surfaced, US officials said it wasn't surprising.
Persons: Yevgeny Prigozhin, he's, Prigozhin, Wagner, Anton Gerashchenko, Dmitry Utkin, Valery Chekalov, Vladimir Putin, Moscow —, Putin, Bill Burns, Joe Biden, Karine Jean, Pierre Organizations: Group, Service, Wagner Group, Wagner, Telegram, REUTERS, Pentagon, Ostorozhno, CIA, House Press Locations: Africa, Moscow, Wall, Silicon, Russia, St . Petersburg, Belarus, Kuzhenkino, Tver region, Ostorozhno Novosti
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