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☆ Opinion | Obesity, Weight-Loss Drugs and Ultraprocessed Foods
▼ + stars: | 2024-05-19 | by ( ) www.nytimes.com time to read: +1 min

I also like the idea of treating obesity as a medical condition rather than a moral failure or sign of weakness. Individuals can decide about Ozempic and similar drugs taking into consideration the known benefits and risks as well as the unknowns. Not discussed in Mr. Hari’s excellent article is the need for the entire population, including those who are not overweight, to eat a well-balanced diet that largely omits ultraprocessed foods and is generous with fruits and vegetables. There are many proven benefits, including reducing the risks of heart disease, cancer and Type 2 diabetes. Even if one does not lose an ounce, moving a diet in this direction will be beneficial.

Persons: Johann Hari, Hari, Jonathan Freudman San Organizations: Mr, Calif Locations: Jonathan Freudman San Rafael

☆ Kharkiv: Life goes on as Russian advance menaces city
▼ + stars: | 2024-05-19 | by ( Andrew Carey | Daria Tarasova-Markina | ) edition.cnn.com time to read: +17 min

Kharkiv, Ukraine CNN —Thirty miles to the north, Russian forces are invading again. 00:41 - Source: CNNHotel manager Olha SokolenkoOlha Sokolenko, director of Kharkiv Palace Hotel, was in the hotel at the moment of the strike. This is my homeland.”Kharkiv’s mayorKharkiv's mayor, Ihor Terekhov, was elected just a few months before the Ukraine war broke out. To send signals both to Kharkiv residents who stay here that life goes on, and signals to those outside of Kharkiv that Kharkiv is a Ukrainian city and people live here.”Lomako explains that he and his partners traveled across the country to collect local recipes and techniques. Kharkiv theater goes undergroundThis theater in Kharkiv is one of several city institutions forced underground by the war.

Persons: Yuriy Sapronov, Sapronov, Chasiv Yar, ”, Yuriy, Daria Tarasova, ” Sapronov, Olha Sokolenko, Sokolenko, Olha, “, Kolotay, Cristiano Ronaldo, Matviy, Mikhaylo Galushko, ” Galushko, Ihor Terekhov, Volodymyr Zelensky, ” Terekhov, Borys Lomako, “ It’s, ” Lomako, Lomako, Dmytro Gurov’s, Dmytro Gurov, CNN Gurov, Gurov, it’s, Oksana Stetsenko, ” Stetsenko, Neda Nezhdana Organizations: CNN, Ukraine CNN, Emergency Service, Soviet, Kharkiv, CNN Hotel, Hotel, ” FC Metalist Kharkiv Matviy Kolotay, FC Metalist Kharkiv, Hirnyk Sport, Coaches, FC Metalist, English, Everton, UEFA, Kharkiv's, Russia, Hyundai, Russian, Employees, Schools Locations: Kharkiv, Ukraine, Russian, Ukraine’s, Che, Russia, “, Kaliningrad, Soviet Union, Soviet, Kyiv, Kremenchuk, Uzhhorod, Poltava, Ukrainian, Dnipro

☆ Eric Molitor was acquitted on charges related to the Gretchen Whitmer kidnapping plot. Now he’s running for sheriff
▼ + stars: | 2024-05-19 | by ( Alison Main | ) edition.cnn.com time to read: +6 min

CNN —A man acquitted last year on charges linked to a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer is now looking to unseat an incumbent county sheriff. Eric Molitor has filed to run in the Republican primary this August against Trent Taylor, the sheriff of deep-red Wexford County in Northern Michigan. Taylor told CNN he believes he’s constitutionally obligated to enforce the state’s laws and that it would be “reckless” not to do so, as Molitor has said he would. Molitor told CNN his experience opened his eyes to flaws in the justice system.

Persons: Gretchen Whitmer, Eric Molitor, Trent Taylor, ”, Taylor, “, Molitor, Whitmer, he’s, ” Taylor, ” Molitor, we’ve, Dan Pfannes, Pfannes, MAGA, Donald Trump’s “, Trump, Michele Lundgren, Dana Nessel, ’ ”, CNN’s Lauren del Valle, Veronica Stracqualursi, Josh Campbell, Michelle Watson Organizations: CNN, Michigan, Republican, Democrat, Michigan State University, Northern, Capitol, Michigan House, Democrats, The Michigan Sheriffs ’ Association, Michigan Democratic Party, MAGA Republican, Michigan Republicans won’t, Republican Party Locations: Wexford County, Northern Michigan, Cadillac , Michigan, Michigan, Wexford

CNN spoke to 10 students and four faculty members at Morehouse College who had differing opinions on Biden speaking at their school. Jalen Silas Burch, a 19-year-old freshman, told CNN that he feels the president’s speech is a move to “pander” to Black male voters. Biden and Harris previously spoke at Morehouse College in 2022 as part of a major voting rights push with legislation stalled on Capitol Hill. Student volunteers assisting with the graduation ceremony at Morehouse College are also required this year to undergo a virtual de-escalation training with the Morehouse College Police Department before the graduation ceremony, according to an email obtained by CNN. “The number one conversation going on is that this graduation is not for President Biden.

Persons: Joe Biden, Biden, “ There’s, ”, Colin Royal, Kamala Harris, Morehouse, Cedric Richmond, “, Jalen Silas Burch, Calvin Bell, ” Morehouse, ” Michael Henry, Noah Collier, David A, Thomas, Steve Benjamin, Benjamin, Eddie Glaude, Harris, Stephane Dunn, …, ” Dunn, CNN’s Kayla Tausche, Victor Blackwell Organizations: Atlanta CNN, Morehouse College, Morehouse, Hamas, Maroon Tiger, Biden, Democratic, CNN, Morehouse College Democrats, Morehouse College ”, Israel, “, The Atlanta University Center Student Intercommunal, Biden’s Cabinet, ” Morehouse, ”, White, Princeton, American Studies, Capitol, South Carolina State University, Howard University, Tennessee State, Secret, Student, Morehouse College Police Department Locations: Washington, Atlanta, Gaza, Georgia, Israel, Morehouse’s

☆ Scottie Scheffler: The new father and man of faith with the golfing world at his feet
▼ + stars: | 2024-05-17 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

CNN —Scottie Scheffler is a man well-accustomed to making global headlines, but almost never for events beyond the confines of the golf course. In 2014, at 17, as an amateur he made a hole-in-one and the cut on his first PGA Tour start. Without a PGA Tour victory heading into 2022, by April of that year he was a four-time victor, the world No. 1’s image as the self-effacing star of the PGA Tour, a perception he is content to endorse. His 10th PGA Tour title, it made him the first golfer since Woods in 2006 to win a PGA Tour event the week after triumphing at a major.

Persons: Scottie Scheffler, Tiger Woods, Scheffler, Ryder, Scheffler coasted, “, Meredith, ” Scheffler, Ted Scott, ” Scottie Scheffler, David J, Phillip, Mary, Grandma, CNN Sport’s Don Riddell, Jared C, Tilton, Scheffler’s, Riddell, ”, I’m, I’ve, golf’s, Jamie Squire, Arnold Palmer, Andrew Redington, Bennett, Woods, triumphing, Rory McIlroy, Scott Organizations: CNN, Dallas, PGA, Augusta National, University of Texas, TPC, PGA Tour, Cowboys, Team USA, Ryder, Arnold Palmer Invitational, RBC Heritage, Northern Locations: Ridgewood , New Jersey, Augusta, Ponte Vedra Beach , Florida, Dallas, Rome, Valhalla, Louisville

☆ Asia-Pacific markets are mostly lower as investors await key economic data from China
▼ + stars: | 2024-05-17 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets took a breather after rallying in the previous session, as investors await key China data to assess the state of the world's second largest economy. China data, including new house prices, urban unemployment and retail sales figures for April, is due later in the day. Russian President Vladimir Putin, who is on a two-day state visit to China, said at a press conference that discussions had been "warm and comradely" and had shown the importance of the two countries' relationship. Singapore will also release its non-oil domestic export figures for April, with NODX expected to fall 10% year on year.

Persons: Vladimir Putin, NODX Locations: Asia, Pacific, China, Singapore

☆ Bollywood and Indian politics: Influence of Modi and BJP on world’s largest film industry
▼ + stars: | 2024-05-17 | by ( Jessie Yeung | Rhea Mogul | ) edition.cnn.com time to read: +16 min

And most of these are Hindi films, meaning Bollywood holds an outsized influence on the country’s culture, identity and economy. A screengrab from the 2022 Bollywood film "The Kashmir Files." CNN reached out to several people from the film industry for this story, some of whom declined to be interviewed due to sensitivities around the topic. It encouraged some Bollywood filmmakers to “(lean) into the caricature of the Muslim villain,” he says. These films are growing fast; outside Bollywood, earnings from the South Indian media and entertainment industry have nearly doubled year on year, according to a 2023 report by the Confederation of Indian Industry.

Persons: India’s, Narendra Modi, Indranil Mukherjee, ”, Raja Sen, “ It’s, Modi, Tanul Thakur, …, Veer Savarkar, –, ” Adah Sharma, Pandits, Vivek Agnihotri, ” Sudipto Sen, Debashree Mukherjee, it’s, Thakur, Sen, Darab Farooqui, Sonu Mehta, Farooqui, “, she’s, Aamir Khan, ” Farooqui, Jawaharlal Nehru, Mukherjee, Yash Chopra, ” That’s, ” Thakur, ” Sen, “ We’ve, ’, Dharmendra, Noemi Cassanelli, “ Something’s Organizations: India CNN —, Bharatiya Janata Party, BJP, Observers, Hollywood, Republican, Modi’s, Getty, CNN, Ministry of Culture, of, Netflix, Columbia, Social Democratic Party of India, Hindustan Times, Columbia University, Journalists, Confederation of Indian Industry Locations: Mumbai, India, Kerala, Kashmir, Jammu, Columbia University’s, Middle Eastern, South, Jaipur, New Delhi, Pakistan, United States, Tamil Nadu

☆ Mobile-marketing startup Tappa raised $4.9 million to help brands build more engaging apps. Here's the pitch deck it used.
▼ + stars: | 2024-05-17 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Mobile-marketing firm Tappa wants to help brands with some of those problems by driving traffic and engagement within mobile apps. The firm is pitching a software-development kit, or SDK, that app publishers can use to create branded mobile keyboards in their apps. The branded keyboards use deep linking to drive people to specific parts of an app. These branded keyboards are opened half a million times each month, Giel said.

Persons: —, Tappa, Leo Giel, Giel Organizations: Service, Apple, Google, Mobile, Business, Alicorn Venture Partners, Real Madrid

☆ What you need to know about skin cancer and how to prevent it, according to a doctor
▼ + stars: | 2024-05-16 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

CNN —Skin cancer is by far the most common form of cancer in the United States, according to the American Cancer Society. As we head into summer, what do we need to know about the chance of developing skin cancer? In addition, those who are at increased risk for skin cancer should ask a dermatologist if they should receive regular skin exams. These include personal or family history of skin cancer, history of precancerous lesions such as actinic keratoses, certain genetic disorders such as xeroderma pigmentosum and history of immunosuppression. And it’s not only people who are fair-skinned who can have skin cancer; individuals of all colors, including those with brown and Black skin, can develop skin cancer.

Persons: Leana Wen, Wen, Anastasiia Organizations: CNN, American Cancer Society, Northern, George Washington University, Getty, Preventive Services Task Force, immunosuppression Locations: United States

☆ The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery's next move
▼ + stars: | 2024-05-16 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

The league ended its exclusive window to renew a deal with its two current media partners, Disney and Warner Bros. Warner Bros. Warner Bros. Warner Bros. Warner Bros.

Persons: Adam Silver, it's, NBCUniversal, NBCUniversal's, Warner, David Zaslav, — Organizations: National Basketball Association, Warner Bros, Turner Sports, Comcast, CNBC, Disney, NBA, Discovery, Warner Bros . Discovery Locations: Cleveland , Ohio

☆ These Dow stocks are cheap and have more upside as index reaches key milestone
▼ + stars: | 2024-05-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The Dow Jones Industrial Average reached the 40,000 milestone level , but investors can still find inexpensive growth opportunities in the index. Shares currently have a forward P/E of 12.6, versus the stock's average five-year P/E of 17.8. The consensus price target on the stock indicates 14.2% upside from Wednesday's close. The stock's current forward P/E is at 27.6, slightly lower than its 5-year average of 32.1. Shares are trading at a 25.3 forward P/E ratio, relative to the 28.2 five-year average P/E ratio.

Persons: Dow, Piper Sandler, DA Davidson, Johnson, McDonald's, —, Fred Imbert Organizations: Dow Jones, CNBC, Deutsche Bank, Amazon, Dow, Chevron, Exxon, Hess, Visa, Walmart, Management, Verizon, Johnson Locations: headwinds, Guyana

Dylan Field, co-founder and CEO of Figma, speaks at the startup's Config conference in San Francisco on May 10, 2022. Figma, a cloud-based design tool company, said Thursday it will allow investors, including current and former employees, to sell their shares in a tender offer that values the company at $12.5 billion. That's up 25% from the valuation at which the company fundraised in 2021, but below the $20 billion acquisition offer Adobe made in 2022. Adobe and Figma called off the planned acquisition in December following regulatory scrutiny. In December, a regulatory filing said Adobe would pay Figma a $1 billion breakup fee.

Persons: Dylan Field, Kleiner Perkins, Salesforce, Figma, Morgan, CNBC's Jordan Novet Organizations: Figma, Adobe, Microsoft, Google, Oracle Locations: San Francisco, Sequoia

☆ Gold, silver and platinum's red-hot rally still has further to go, strategists say
▼ + stars: | 2024-05-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit fresh record highs over the coming months. Spot silver prices, meanwhile, traded 0.5% lower at around $29.54 per ounce. Strategists at Saxo Bank said in a recent research note that gold prices could soon test the $2,400 level, silver may climb as high as $30, while platinum has upside potential to reach $1,130. The Danish bank said Wednesday that its "year of the metals" theme had continued to gather momentum in recent weeks, citing its preference for gold, silver and copper.

Organizations: Aurum, Federal Reserve, Saxo Bank Locations: Munich, London, Danish

☆ Under Armour is laying off workers as retailer says North America sales will plunge this year
▼ + stars: | 2024-05-16 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. The athletic apparel retailer also saw profits plunge by more than 96% during its fourth fiscal quarter, compared with the year ago period. During the quarter, sales in North America dropped 10% to $772 million, worse than the $780 million that analysts had expected, according to StreetAccount. The company said it expects sales to continue to worsen in North America. Analysts had expected earnings per share of 52 cents, according to LSEG.

Persons: Armour, Kevin Plank, Stephanie Linnartz, Plank, Linnartz Organizations: CNBC, LSEG, Analysts, Marriott, Armour Locations: Manhattan , New York City, North America

☆ American medics are stuck in Gaza. Hear one doctor’s message to the US government
▼ + stars: | 2024-05-16 | by ( Ellen Rittiner | ) edition.cnn.com time to read: 1 min

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☆ Live Updates: Opening Statements in Bribery Trial of Robert Menendez Begin
▼ + stars: | 2024-05-15 | by ( Nicholas Fandos | Ben Weiser | ) www.nytimes.com time to read: +3 min

Senator Robert Menendez, Democrat of New Jersey, second from left, sits with his children Alicia and Rob and Gov. Alicia and Rob Menendez have surely enjoyed the privileges of being children of a powerful political leader. After a former ally pleaded guilty and began cooperating with prosecutors, Senator Menendez and Nadine Menendez were additionally charged with obstructing justice. Alicia Menendez, 40, has been forced to address the charges against her father — and calls for his resignation — on live television. “When your close loved one is at the center of a political scandal,” she said, “it’s in your obit too.”

Persons: Robert Menendez, Alicia, Jon Corzine, Rob Menendez, Rob, Bob Menendez, Nadine Menendez, Menendez, Super Mario Bros, ”, —, Alicia Menendez, Sally Quinn, “ Organizations: Democrat, Rob, MSNBC, Democratic, Benz, Super, —, The Washington Post Locations: New Jersey, New Brunswick, N.J, Biden’s

☆ It will be even more expensive to borrow money for college this year—3 tips to cut down costs
▼ + stars: | 2024-05-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

The interest rate for direct federal undergraduate student loans disbursed after July 1, 2024 will be 6.53%, the Department of Education announced Tuesday. That's up from the current 5.5% interest rate, and the highest rates have been since 2008, according to ED data. New graduate student loans will have an 8.08% interest rate and parent PLUS loans will come with a 9.09% rate. Here are three ways to lower your overall college costs and reduce the amount you may need to borrow. Starting your college education at a community college or trade school is one way you may be able to cut down on costs while racking up course credits.

Persons: That's, Gabriella Carter, Ethan Nguonly, Nguonly hustled, Nguonly Organizations: Department of Education, Princeton University grad, CNBC, University of California — Locations: University of California — Berkeley

☆ There are currently no plans for 'Baby Reindeer' season 2, but the Fiona Harvey controversy is ripe for dramatization
▼ + stars: | 2024-05-15 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewNetflix seemingly has no plans for "Baby Reindeer" season two, but the Fiona Harvey controversy could easily be turned into a drama series of its own. Netflix could now dramatize the controversy surrounding Harvey and Gadd, which has unfolded since the show's release on April 11. Piers Morgan and Fiona Harvey on "Piers Morgan Uncensored." Piers Morgan Uncensored/YouTubeA second season could take a similar approach to another biographical Netflix drama: "Scoop." Considering the delicate nature of the events surrounding Gadd, Harvey, and Morgan, it would make sense to cast actors to play them.

Persons: —, Fiona Harvey, Richard Gadd's, Donny Dunn, Martha Scott, Dunn, Scott, Gadd, Harvey, Piers Morgan, Viewers, Richard Gadd, Gillian Anderson, Rufus Sewell, Prince Andrew, Morgan, Netflix hasn't, Gadd's Organizations: Service, Business, Netflix, BBC, Lions

☆ Gold prices flat as U.S. inflation data takes centre-stage
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

Gold prices traded flat on Wednesday as investors looked forward to a critical U.S. inflation print that could offer clues on the Federal Reserve's interest rate-cut trajectory. Spot gold held its ground at $2,359.99 per ounce, as of 0704 GMT, trading in a narrow $6 range, after gaining 1% on Tuesday. According to a Reuters poll, the data is expected to show that core inflation in April rose 0.3% month-over-month, down from 0.4% the prior month. Bullion is known as an inflation hedge, but higher rates increase the opportunity cost of holding non-yielding gold. However, data on Tuesday showed that U.S. producer prices increased more than expected in April.

Persons: Kyle Rodda, Bullion, Jerome Powell Organizations: Fort, BHP Group Locations: Fort Knox Alaska, Kinross, Tetlin , Alaska, ., U.S, American

☆ Google's Android chief says AI will change what smartphones can do and reset the battle with Apple for mobile supremacy
▼ + stars: | 2024-05-15 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

This job also includes Android TV, Android Auto, and new augmented and mixed-reality technology. With Google's new Gemini AI models, "we can do things that have never been possible on smartphones," he added. The "System UI" levelThis is possible because Google has baked Gemini AI models and assistant technology into the "System UI" level on Android devices. However, he stressed that this doesn't mean the company can't build unique experiences on Android devices, including many new AI experiences. This works through a combination of Google Search, Gemini AI technology, and Android — something that's not possible on any other platform, Samat said.

Persons: —, Sameer Samat, Zak Brown, Samat, He's, It's, Gemini Organizations: Service, Google, Android Ecosystems, Android, Android Auto, Business, Apple, Samsung, Gemini

☆ BMO Capital hikes S&P 500 target to highest on Wall Street
▼ + stars: | 2024-05-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The rally back to the record highs for the S & P 500 is already spurring at least one Wall Street shop to raise its expectations for the year. BMO Capital Markets strategist Brian Belski said in a note to clients Wednesday that he is raising his year-end target for the S & P 500 by almost 10% — to 5,600 from 5,100. .SPX YTD mountain The S & P 500 has rebounded to record highs. "Historical performance patterns suggest continued gains given the level of YTD performance. The S & P 500 hit an intraday all-time high on Wednesday morning, trading near 5,279.

Persons: Brian Belski, Belski, — CNBC's Michael Bloom Organizations: BMO Capital Markets, Street, CNBC Market, Survey, BMO

☆ U.S. to Stop Buying Russian Uranium, Cutting Cash to Moscow
▼ + stars: | 2024-05-14 | by ( Max Bearak | ) www.nytimes.com time to read: +1 min

President Biden signed a bill into law on Monday night banning the import of uranium enriched in Russia. Russia controls nearly half the world’s enrichment capacity, and American electric utilities have been spending around $1 billion per year on the fuel to run their reactors. It provides waivers for utilities that would be forced to shut down nuclear reactors, allowing them to continue imports until 2028. Russia’s government has threatened in the past to unilaterally halt exports to the United States if a ban were put into effect. Speaking to reporters on Tuesday, the Kremlin spokesman, Dmitri S. Peskov, did not reiterate the threat but called the bill “unfair.”

Persons: Biden, Ted Cruz, Dmitri S, Peskov, ” Organizations: Texas Republican, Kremlin Locations: Russia, Texas, United States

☆ Trading CPI: How stocks could react to Wednesday’s inflation report
▼ + stars: | 2024-05-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Traders at JPMorgan broke down how they expect stocks will react to Wednesday's report, with a focus on core CPI month over month, based on six different scenarios: 40% chance — The reading rises 0.3%-0.35%: This is the most likely outcome, per JPMorgan traders. S & P 500 moves could range between a 0.5% loss and a 1% gain. 10% chance — Core inflation climbs more than 0.4%: The S & P 500 would drop 1.75% to 2.5% under such a hot report, JPMorgan traders think. 7.5% chance — Core CPI gains 0.2%-0.25%: A decline in housing cost increases along with lower core goods prices could make this outcome possible. It would also send the S & P 500 up 1.5% to 2%, JPMorgan traders said.

Persons: Dow Jones, Defensives outperforming Organizations: CPI, Traders, JPMorgan, of Labor Statistics

☆ OpenAI's latest model, GPT-4o, sounds a lot like a digital girlfriend. Some sex workers are rolling with it.
▼ + stars: | 2024-05-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. AdvertisementLinda, a phone sex operator, told Business Insider that artificial intelligence is being adopted by some in the sex work community, and she now regularly sees AI-generated images on profiles of fellow phone sex workers. "It's not for everyone, but, honestly, I think it's great — like you want a sex robot, guys — here ya go! " Representatives for OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, Scarlett Johannson, Joaquin Pheonix —, OpenAI, Scott Woods, Sam Altman, Linda, Kaitlyn, Amouranth, Siragusa Organizations: Service, Business, Mars, BI, Polygon, The New York Post Locations: Berlin

☆ Apple desperately needs its Next Big Thing
▼ + stars: | 2024-05-14 | by ( Paris Marx | ) www.businessinsider.com time to read: +10 min

But after a decade of doing that, iPhone sales are slowing, revenue is down, and the company, again, needs to find its next big thing. Apple's own outlook suggests poor iPhone sales will persist, especially as sales in China rapidly decline. The drawbacks of Cook's divestment from product design and development are now becoming clearer. Both the EU and the US cases would also make some people more likely to switch to a cheaper phone, which would threaten iPhone sales even further. The drawbacks of Cook's divestment from product design and development are now becoming clearer.

Persons: Steve Jobs, Jobs, Apple, Tim Cook, Cook, haven't, Steve, Tripp Mickle, Jony Ive, we've, wouldn't, Let's, aren't, Peter Kafka Organizations: Apple, Apple Watch, IBM, Google, EU, Bloomberg, Nasdaq, Business Locations: China, Asia, India, Indonesia

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