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Rivian CEO RJ Scaringe skirted questions on whether the EV maker has enough cash to produce the R2. Scaringe told CNBC he's "confident" in the capital Rivian has through 2025. 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 . Rivian reported a loss of $5.4 billion in 2023 despite delivering twice as many EVs compared to the previous year.
Persons: RJ, Scaringe, CNBC he's, , Rivian Organizations: CNBC, Service, EV, Bloomberg Locations: Rivian
Xbox games may be more expensive now, but Microsoft's gaming CEO realizes that there's a limit to how much gamers will take. "We've raised the price of games," Phil Spencer, the CEO of Microsoft Gaming, told Game File, a newsletter focused on the business of gaming. AdvertisementBack in December 2022, Microsoft told The Verge that it would be raising prices to reflect "the content, scale, and technical complexity of these titles." "Skull and Bones," an action-adventure game for the PlayStation 5 and Xbox consoles, got some flack for charging $70 for its highly anticipated game. Ubisoft, the company behind the pirate video game, defended the price because it was a "quadruple-A" game.
Persons: We've, Phil Spencer, Spencer, didn't, Neil Macker, flack, they're Organizations: Xbox, Microsoft Gaming, Business, Microsoft, Hollywood, Morningstar, Nintendo, Sony, Ubisoft, PlayStation, Activision Blizzard Locations: COVID
Is your iPhone wet? Apple's new support doc says rice can actually cause more damage to your iPhone. AdvertisementHave you ever been told to put your iPhone in a bowl of rice after accidentally dropping it in the sink or — even worse — toilet? After that, store the phone in a dry area where there's some airflow for at least 30 minutes, then try charging it. Nevertheless, your wet phone may still have a likely chance of surviving.
Persons: , Apple, Apple didn't Organizations: Service, Apple, Business
Rooted in philosophical thought, mimetic desire refers to the notion that people desire the same things that their role models want. In the context of the Vision Pro, that theory could mean consumers may be more likely to purchase the device because celebrities or influencers they admire own it. "If these people are models to you—which they are for many young people—mimetic desire kicks in and you subconsciously want a Vision Pro too." If you have an Apple Vision Pro, some photography tips. After all, the Oculus founder, who did not respond to BI's request for comment, said he believes the Vision Pro will eventually be cheaper for the masses.
Persons: , Jason Levin, Levin, who've, YouTubers Logan Paul, Casey Neistat, Kid Cudi, Robert Scoble, Sam Altman, bB0XTzJ291, Palmer Luckey, Luckey, Apple, would've, It's, Tesla, Elon Musk, Apple didn't Organizations: Service, Business, Vision, Apple Vision, Apple, Pro
A niche iPhone feature helped a search-and-rescue team find a lost hiker in California, KTLA said. The hiker used the Emergency SOS feature on his iPhone 14 to alert authorities. AdvertisementIf you ever find yourself lost in the wilderness, a little-known iPhone feature may help you get back to safety. It's not the first time rescue teams have located lost hikers through the iPhone's emergency feature in California, KTLA reported. The iPhone's emergency SOS feature isn't the only one that can alert authorities to life-threatening situations.
Persons: , Mike Leum, Leum, Apple didn't, It's, Siri Organizations: KTLA, Service, Angeles National Forest, Apple, Business, Police Locations: California, Alaska, Lincoln , Nebraska, Australia, Thai
Read previewApple products appear to be sporting a new aesthetic with its case for the Vision Pro. The Apple Vision Pro travel case is a white, bulbous pouch designed to protect the $3,500 mixed reality headset when carried on the go. Product reviewers say the $200 Apple Vision Pro travel case sports a different look than Apple's typical accessories. Despite the concerns, reviewers agree that the case fits their Vision Pro headsets and accessories well. "I just bought a $200 camping pillow to put my Vision Pro inside,"he said.
Persons: , Derrick Gee, Gee, Faiz Aly, Matt Gray, Cliff Shin, Shin, Aly, TechWeWant, Gray Organizations: Service, Vision, Apple Vision, Apple, Business, NASA, YouTube, University of Illinois Locations: University of Illinois Urbana, Champaign
So, what if AI avatars that act and talk like employees could be present in the (virtual) room on their behalf? Liang expects Otter's AI work persona will be able to answer 90% of the questions it's asked during meetings, he said. But the road to building trustworthy AI avatars is riddled with technical and social obstacles. "It needs to have the knowledge and emotional intelligence to participate in a productive way," Liang said about the AI. AdvertisementOtter itself launched a new feature this month where multiple people can ask an AI chatbot specific questions about meetings it's recorded.
Persons: Sam Liang, Otter, , Liang, it's, they'll, Elon Musk, Kendall Jenner, Tom Brady, togethers, they're Organizations: Business, Workers
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMark Zuckerberg drew the ire of some Apple fans after he ripped into the tech giant's $3,500 Apple Vision Pro in a video posted on Instagram earlier this week. "I don't think so," Zuckerberg told the Morning Brew Daily podcast. "I think we have a really good chance at winning, and I'm really committed to doing that," Zuckerberg said. Zuckerberg's thoughts on his video come after he said in it that the Quest 3 headset is superior to the Vision Pro.
Persons: , Mark Zuckerberg, doesn't, Steve Ballmer, Zuckerberg, I'm, they're, Apple, He's, Insider's Jordan Hart, Meta didn't Organizations: Service, Apple, Apple Vision, Business, Morning, Meta, Quest, Vision
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCurrently, Apple is urging some engineers to test these new AI features to ensure they work before releasing them externally to developers. Apple's covert plans to launch its AI coding tool soon comes as the company lags behind generative AI efforts currently led by players like OpenAI, Google, and Microsoft. The tech giant, Bloomberg has learned, has plans to integrate AI features into its next software updates for its iPhone and iPad known internally as Crystal. The company is also building features that will generate Apple Music playlists and slideshows, according to the outlet.
Persons: , GitHub, Apple didn't, Tim Cook, We've, Cook, would've Organizations: Service, Bloomberg, Business, Apple, Google, Microsoft
Here's how your boss could be keeping tabs on you
  + stars: | 2024-02-15 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +1 min
Citi has started tracking how many calls some of its bankers make, the Financial Times reported. The bank's tactic is just one of the many ways employers are keeping tabs on workers. 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 . This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Citi, Financial Times, Service, Companies, Citigroup, Business
Your next Tesla could be made by China
  + stars: | 2024-02-14 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +4 min
Elon Musk invited the suppliers to Mexico as part of plans for cheaper Teslas, Bloomberg reported. That move could be stoking concerns among US officials and EV makers over China's influence. China has a "highly organized, highly efficient supply chain," Venkatesh Prasad, chief innovation officer at the Center for Automotive Research, told Bloomberg. AdvertisementTesla, which also makes cars in the US, and other US-based EV makers may also be feeling the heat from competitors. Mary Lovely, a senior fellow at the Peterson Institute for International Economics, told Bloomberg.
Persons: Elon Musk, , Tesla's, Venkatesh Prasad, Tesla, stoke, Katherine Tai, Tai, Biden, EVs, China's, Tesla's Musk, Mary Lovely Organizations: Bloomberg, Service, Center for Automotive Research, Business, Trump, Chinese Communist Party, US Trade Rep, Nikkei, EV, Peterson Institute for International Economics Locations: Mexico, Monterrey, Shanghai, Mexican, Nuevo Leon, Austin, China, Beijing, Washington, DC, United States
Read previewApple appears to have removed Kimi, a piracy app that once featured a library of free films and shows to stream, from its iOS app store, Wired reported earlier this week. The app also reportedly garnered over 100 user reviews in the App Store. The app store, Wired observed, listed Kimi's only developer as "Marcus Evan," which could be the creator's fake name. "Make sure your app only includes content that you created or that you have a license to use," the tech giant's app store guidelines say. AdvertisementThis isn't the first time Apple pulled a piracy app.
Persons: , Marcus Evan, you've, Aaron Mok Organizations: Service, Wired, Business, Netflix, Hulu, Amazon, Apple, Trump Locations: amok@insider.com
Read previewWhen the Apple Vision Pro hit the market on February 2nd, would-be fans lined up at the break of dawn to test the mixed-reality headset at their local Apple Stores. One major reason Vision Pro customers say they want a refund: its seemingly clunky design. Some Redditors who claim to be returning the Vision Pro also referenced how uncomfortable it is to wear the headset. Disappointment in the headset's vision quality is another gripe expressed by Vision Pro customers. AdvertisementThat is, if the Vision Pro ever gets cheaper.
Persons: , they're, Farzad Mesbahi, Mesbahi, Collin Michael, he's, Michael, Apple, Kane Sutter, Matt Schneider, Apple didn't, Sutter Organizations: Service, Apple Vision, Apple Stores, Business, Twitter, Apple, Vision, Vision Pro, YouTube, Pro
Jon Stewart finally revealed why his Apple TV+ show "The Problem" got canceled. The host told CBS the streaming platform didn't want him to say things that might get him into "trouble." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAmerican talk show host Jon Stewart has returned to "The Daily Show" after a nearly decadelong hiatus — a move that comes just months after Apple TV+ canceled his show "The Problem With Jon Stewart" last October. And I thought I was going to do it over at Apple TV+," Stewart told "CBS Mornings" during an interview on Monday morning.
Persons: Jon Stewart, , Stewart Organizations: Apple, CBS, Service, Business
Lumin Fitness, an AI-powered gym, opened its first studio in Texas last September. The gym features LED walls with motion sensors and includes classes led by personal AI trainers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Now, fitness enthusiasts can turn to AI — whether through coaching apps like Fitness AI or generative AI tools like OpenAI's ChatGPT— to meet their goals. One person asked ChatGPT to create a running routine and claimed he lost 26 pounds after following it.
Persons: , ChatGPT Organizations: Service, Business Locations: Texas
AzmanL/Getty ImagesHuman resources leaders urge job applicants to prepare questions to ask during the interview or risk being perceived poorly. Getting the recruiter's name wrong —24.4%Going into the interview without knowing who's interviewing you can rub recruiters the wrong way. Not dressing appropriately — 28.2%Wearing a questionable outfit to your job interview could make a bad impression on the recruiter. Getting the name of the company wrong — 28.4%You may be interviewing for multiple jobs at a time. Obradovic/Getty ImagesThe biggest pet peeve for hiring managers, Ringover's survey shows, is when a job candidate is late to the interview.
Persons: , Amy Hoover, TalentZoo, Teri Hockett, sturti, CareerBuilder, fizkes, Obradovic, Tardiness Organizations: Service, What's, Getty, LinkedIn, Zapier
Nvidia is in talks with tech giants like OpenAI and Google to build custom AI chips. It's held talks with leaders from Meta, Microsoft, Google, and OpenAI to build custom chips for data centers, two sources told Reuters. AdvertisementAny move by Nvidia into the custom chip market bodes ill for other manufacturers. Nvidia isn't just trying to work with major tech companies. The company is also turning to its own AI to produce its own AI chips faster.
Persons: , It's, Nvidia's, OpenAI, Greg Reichow, Dylan Patel, Nvidia isn't, Sam Altman, Jensen Huang, Aaron Mok Organizations: Nvidia, Google, Broadcom, Reuters, Service, Meta, Microsoft, Business, Marvell Technology, Eclipse Ventures, OpenAI, United Arab Emirates
Google CEO Sundar Pichai doesn't read legacy media outlets first thing in the morning. Instead, Pichai reads a niche website called Techmeme which compiles tech news across outlets. Meta CEO Mark Zuckerberg and Microsoft CEO Satya Nadella are also readers of the site. AdvertisementGoogle CEO Sundar Pichai doesn't start his mornings reading the Wall Street Journal over a cup of coffee. Become an Insider and start reading now.
Persons: Sundar Pichai doesn't, Mark Zuckerberg, Satya Nadella, , Techmeme Organizations: Meta, Service, Street, Wired, Bloomberg, CNBC, Business
Read previewMicrosoft's appears to be focusing its artificial intelligence efforts more on its AI companion Copilot over its revamped Bing search engine — and the tech giant's latest Super Bowl ad may be a sign of the company's changing priorities. On Wednesday, Microsoft revealed its Super Bowl ad for Copilot's standalone smartphone app that can answer user queries akin to OpenAI's ChatGPT. But viewers who've been following Microsoft's AI efforts may be wondering: what about Bing chat, the AI-powered search engine that the company launched months before Copilot? Bing, which added AI capabilities to its search engine last February, had around only 3% of the search market within that same time frame. Microsoft's shift from Bing to Copilot comes as the tech company seeks to integrate Copilot across its product lines.
Persons: , Bing, Yusuf Mehdi, . Bing, doesn't, We've, Mehdi, Microsoft didn't, Copilot, chatbot Organizations: Service, Microsoft, Business, Google, Excel Locations: .
Nvidia's GPUs are in high-demand — and the company is using AI to accelerate chip production. The chip giant's custom AI model, ChipNeMo, aims to speed up the chip design process. It comes as companies race to get their hands on Nvidia's limited supply of chips to build their AI. AdvertisementCompanies are vying for Nvidia's limited supply of GPUs — used to train and build AI products — as the AI sector booms. Nvidia has developed an AI system known as ChipNeMo that aims to speed up the production of its GPUs.
Persons: , Bryan Catanzaro Organizations: Service, Nvidia, Wall Street, Business Locations: Nvidia's
Read previewDid you forget the passcode to your Apple Vision Pro? "Is there a method to reset the Vision Pro when the login password is forgotten?" Apple didn't immediately respond when asked if a future software update would allow Vision Pro users to reset their passcode on their own. These issues with the Vision Pro appear to be the first ones that have come to light since Apple's splashy release. AdvertisementAround 200,000 Vision Pro headsets were reportedly sold when preorders opened in mid-January.
Persons: , Reddit, Apple didn't, Insider's, Jordan Hart, preorders Organizations: Service, Apple Vision, Apple, Bloomberg, Business, Vision, Pro
Chief AI officer is one of the corporate world's hottest AI jobs. AdvertisementThere's a new seat at the C-suite table — and it's for a chief AI officer. "The chief AI officer is more going to be involved in creating the applications that are going to be leveraging the LLM." Instead, the chief AI officer should understand the business on a macro and micro level before overlaying generative AI onto it. Business leaders told BI that finding the perfect candidate who ticks all the boxes for the chief AI officer role can be difficult.
Persons: , It's, Greg Selker, Stanton Chase, Selker, Chris Daigle, Justin Kinsey, Daigle, Kinsey, Stanton Chase's Selker Organizations: Service, Accenture, Business, SBT Industries
🥹🥹🥹 what a day can’t believe Vision Pro is out pic.twitter.com/p0JCkuZ7Z1 — Linda Dong 🥽 (@lindadong) February 2, 2024The excitement grew as Apple Store visitors tried the Vision Pro. AdvertisementWent to Apple Store to do the Vision Pro demo and I can’t articulate what exactly I just saw. @peach.mcintyre COME WITH PEACH 🍑 TO THE APPLE STORE TO DO A FREE DEMO OF THE APPLE VISION PRO: APPLE PRO REVIEW ♬ original sound - Peach.McIntyreBut not everyone expressed total enthusiasm for the headset. Opinions on the weight of the Apple Vision Pro — which some early testers complained crushed their face — varied. Whether or not those who demoed the Vision Pro in-store ended up purchasing their own, customer interest in Apple's flashy product seems to be strong.
Persons: , techies, Du, flo o, Hal l, arie, ava Organizations: Service, Vision, Apple, Business Locations: SION, sion
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Apple Vision Pro — the tech behemoth's highly anticipated mixed-reality headset — hit the market on Friday. In Apple's words, it's a "revolutionary spatial computer that transforms how people work, collaborate, connect, relive memories, and enjoy entertainment." While preorders for the Apple Vision Pro were reportedly snapped up almost instantly — despite mixed reviews from early users of the headset — that's still a lot of money. Here are five of the latest headsets that offer a more affordable alternative to Apple's Vision Pro right now:
Persons: Organizations: Service, Business, Apple Vision, Vision
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the grilling tech CEOs got during a contentious Senate hearing, with one notable exception. The big storyTech on trialAnna Moneymaker/Getty ImagesTech CEOs testified in a Senate hearing that turned into the type of fiery debates found on their social-media platforms. Executives for Meta, TikTok, X, Snapchat, and Discord were grilled by US lawmakers during a contentious Senate hearing on online child sexual exploitation. The most shocking moment involved Meta CEO Mark Zuckerberg, BI's Lauren Steussy reports.
Persons: , we're, Anna Moneymaker, Aaron Mok, Camilo Fonseca, Mark Zuckerberg, BI's Lauren Steussy, GOP Sen, Josh Hawley, Zuckerberg, Shou Zi Chew, Republican Sen, Tom Cotton, Linda Yaccarino, Alex Wong, Chew, X's Yaccarino, BI's Katie Notopoulos, Yaccarino, Katie, It's, there's, Sen, Lindsey Graham, We've, Jerome Powell, Win McNamee, Troy Rohrbaugh, Jamie Dimon, it's, Jeff chiu, Alyssa Powell, Byron Allen, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Service, Tech, Getty Images Tech, Meta, GOP, Republican, Chinese Communist Party, Pew, Big Tech, Federal Reserve, Paramount, Getty, Apple Locations: Washington, Washington ,, New York, London
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