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☆ What the latest inflation data means for interest rates
▼ + stars: | 2024-02-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at what a hotter-than-expected inflation report means for markets and the econom y . That silver lining doesn’t address the elephant in the room: What does the latest CPI data mean for interest rates? AdvertisementMadison Hoff/Noah Sheidlower/Business InsiderThe hot inflation report comes just a few weeks after some industry experts felt the market was in a perfect position. Stubbornly elevated inflation means Powell might be less willing to cut rates and risk further fueling inflation. It’s particularly painful for smaller companies, which tend to carry floating-rate debt more susceptible to elevated interest rates.

Persons: —, Angela Weiss, Insider’s Madison Hoff, BI’s Aruni Soni, Madison Hoff, Noah Sheidlower, we’ve, Jerome Powell, Powell, Jim Zelter, BI’s Yuheng Zhan, Alyssa Powell, Peter Thiel, bitcoin, Noah Berger Sam Altman’s, Jensen Huang, Altman's, Mark Zuckerberg, Jeff Bezos, Bezos, Rob Dobi, doomsayers, Brace, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Dow Jones, Bank of America, Apollo Global Management, Federal Reserve Bank of New, BlackRock, Strategic Investors Group, BI, Fund, Reuters, Apple Vision, BI Sky, Employees, Cisco Systems, Sony, McLaren Locations: Federal Reserve Bank of New York, Dubai, Miami, Washington, New York, London

☆ These Apple Vision Pro buyers are returning their headsets — and this is why
▼ + stars: | 2024-02-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

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

☆ The Vision Pro's scary side effect
▼ + stars: | 2024-02-11 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

The reviews are in, and the tech press is lauding the Apple Vision Pro headset for delivering on the company's promises. Apple and Meta are hoping that this virtual world will be so compelling that you won't just visit. Apple Vision Pro AppleThese are all, as the IT people say, known issues. When people adapt to a perceptual change for long enough, the real world starts to look wrong in the opposite direction. In the meantime, while he's doing his work, maybe don't forget to take that Vision Pro off once in a while.

Persons: It's, They're, you'll, Jeremy Bailenson, You've, That's, they're, techies, Bailenson's, passthrough, Bailenson, doesn't, I've, William Gibson, We've, he's, Adam Rogers Organizations: Apple, Meta, Stanford, Honda, Business

☆ I tried working a full day wearing Apple's Vision Pro. It's the ultimate WFH device.
▼ + stars: | 2024-02-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

I tried working from home using the Apple Vision Pro on Wednesday. And it turns out the Apple Vision Pro is perfect for remote workers like me who like to multitask. While working on the Vision Pro, I had multiple windows floating in my field of vision. I couldn't last more than 4 hours in the Vision Pro, and by lunchtime, I needed a break from screens. The Vision Pro keyboard is touch-to-type.

Persons: —, Jordan Hart Organizations: Apple, Service, Vision

☆ I've been using Vision Pro for 48 hours. It feels like Apple is onto something.
▼ + stars: | 2024-02-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

AdvertisementLife in the Apple Vision Pro is hard to put into words, but something tells me it has the potential to usher in a new normal. Assembling the Apple Vision Pro, which attaches to a battery pack. Jordan Hart/Business InsiderWhile on a FaceTime call with my mom, I was able to share what I saw through the Vision Pro. Jordan Hart/Business InsiderThe immersion capabilities of the Vision Pro have blown me away since I first put it on. AdvertisementApple has my attentionAfter my first couple of days in the headset, the Apple Vision Pro feels promising, and I'm still learning all it has to offer.

Persons: It's, —, I've, Jordan Hart Organizations: Service, Apple, Apple Vision, Vision, Disney, Business, Netflix, YouTube

☆ People are trying to resell the Apple Vision Pro outside the US for more than double its $3,500 list price
▼ + stars: | 2024-02-08 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Days after its launch, users are listing the Vision Pro at highly inflated prices outside the US. Some listed it for more than double the official price, adverts seen by Business Insider show. AdvertisementResellers are listing Apple Vision Pro headsets at highly inflated prices in marketplaces outside the US. One Gumtree advert seen by Business Insider shows the Vision Pro listed for £7,500, or $9,400. Apple is yet to announce an official launch date for the UK and markets outside the US.

Persons: — Organizations: Pro, Business, Apple, Service, Business Insider, Facebook

☆ Apple's 'creepy' Vision Pro avatars are getting a makeover — take a look
▼ + stars: | 2024-02-08 | by ( Jordan Hart | ) www.businessinsider.com time to read: 1 min

The latest yet-to-be-released Apple Vision Pro avatars are already looking more like actual people. The tech giant released a beta update of visionOS 1.1 for developers on Tuesday, and it offered an early look at improved avatars, or "Personas" as Apple calls them, for Vision Pro users. Apple's Personas feature is itself labeled as a beta feature for now, which means the company is still tinkering with that specific feature. Separately, Apple releases beta versions of its wider software for its various devices, such as iOS for iPhones and visionOS for the Vision Pro, to developers ahead of a wider release (that's the notification you eventually get under your device's "Settings" asking you to update). This story is available exclusively to Business Insider subscribers.

Organizations: Apple, Vision Pro, Vision, Business

☆ The biggest winners and losers from the new sports streaming service
▼ + stars: | 2024-02-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. ESPN, Warner Bros., and Fox announced plans this week for a new sports streaming service set to launch this fall . That could put an end to cable TV as we know it , Nathan McAlone, Business Insider's deputy media editor, writes. Ashley Rodriguez, BI's media editor, has a breakdown of the six biggest questions about this new sports streamer . Games on YouTubeTV, for example, are noticeably delayed compared to cable TV broadcasts .

Persons: —, Katie Notopoulos, David Jensen, Nathan McAlone, it's, Ashley Rodriguez, Peter Kafka, BI's, Peter, Nathan, Ashley —, We've, Ashley, Fox, Rick Wilking, Reuters Leon Cooperman, Marc Rubinstein, Yi Huiman, Xi Jinping, Jordan Hart, It's, Justin Metz, Blackstone, Bob Iger, Donald Trump, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ESPN, Warner Bros, Fox, ESPN2, ABC, FOX, Peter : Media, Nathan, Warner Bros ., NFL, Cable, Comcast, Paramount, Reuters, Signature Bank, New York Community Bancorp, Securities, Commission, that's, Apple Vision, Microsoft, BI, of Foreign Labor, Apollo, KKR, Bain Capital, Disney, Epic Games, ConocoPhillips, US Locations: New, China, Beijing, New York, London

☆ We unboxed the Apple Vision Pro. Here's what comes inside.
▼ + stars: | 2024-02-07 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Apple's Vision Pro officially went on sale Friday morning. The $3,500 mixed-reality headset is already turning heads. AdvertisementI finally have the Apple Vision Pro in my hands. On Friday, the Vision Pro officially went on sale and started being shipped to pre-order customers. Here's what to expect in the box when the Vision Pro arrives at your door.

Persons: — Organizations: Vision Pro, Service, Apple Vision, Vision

☆ Stop Wearing Vision Pro Goggles While Driving Your Tesla, U.S. Says
▼ + stars: | 2024-02-06 | by ( Jesus Jiménez | ) www.nytimes.com time to read: +1 min

Videos being shared across social media this week depict an almost dystopian, futuristic scene: drivers of Teslas in Autopilot mode while wearing Apple Vision Pro headsets, seemingly unaware of the road in front of them. The videos led federal transportation officials to issue warnings. But are people really mindlessly riding around in Teslas in Autopilot mode, wearing Apple’s futuristic new goggles? Several of the videos taken in cars appear staged, and in many, it is clear that someone other than the driver is recording. Still, they seemed reckless enough for Pete Buttigieg, the transportation secretary, to weigh in on social media.

Persons: Pete Buttigieg Organizations: Apple Locations: Teslas

☆ Jim Cramer says the stock market rally has stalled because of two important reasons
▼ + stars: | 2024-02-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. But Jim Cramer said, "It is not a broadening rally. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Eli Lilly, Lilly, Jim, David Simon, Tim Cook's, We're, Edwards Lifesciences, Jim Cramer's Organizations: CNBC, Broadcom, Nvidia, Micro, New York Community Bancorp, Signature Bank, Silicon Valley Bank, Linde, Club, DuPont, Air Products, Chemicals, Simon Property, GE Healthcare, Technology, Apple, Vision, Ford, Motors, Tesla, Enphase Energy, CVS Health, Yum Brands, Disney, Wynn Resorts, Jim Cramer's Charitable Locations: We're, New York, Silicon, China, Amgen

☆ Don't forget your Apple Vision Pro password or else
▼ + stars: | 2024-02-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

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

☆ Pete Buttigieg warns people not to wear the Apple Vision Pro while driving after a viral video showed someone wearing one behind the wheel of a Cybertruck
▼ + stars: | 2024-02-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Secretary of Transportation Pete Buttigieg is weighing in on the use of Apple Vision Pro headsets on the road. He was remarking on a viral video appearing to show someone wearing a Vision Pro while driving a Tesla Cybertruck. That's the warning from US Secretary of Transportation Pete Buttigieg in response to a viral video seemingly showing a person wearing an Apple Vision Pro headset while driving a Tesla Cybertruck. Apple's user guide for the device says, "Apple Vision Pro has built-in safety features to help prevent collisions and falls, but it's also important to use the device in a safe manner. For example, don't run while wearing Apple Vision Pro, use it while operating a moving vehicle, or use it while intoxicated or otherwise impaired."

Persons: Transportation Pete Buttigieg, —, Buttigieg, it's Organizations: Transportation, Apple Vision, Service, Apple, Pro, Vision

☆ Cracking open the $3,500 Vision Pro shows just how much tech Apple crammed into it
▼ + stars: | 2024-02-05 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Want to know what's inside the Apple Vision Pro but don't want to break yours open? NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Apple Vision Pro launched in the US on Friday, and we've already seen plenty of photos, videos, and reviews of its exterior features. AdvertisementFortunately, a new video from the tech repair experts at iFixit offers an inside look at the cogs and gears inside the headset. Check out iFixit's teardown of the Vision Pro here:

Persons: iFixit, —, we've Organizations: Apple, Service, Vision Pro, iFixit

☆ Apple's Vision Pro is meant to be used when you're alone. You look weird if you wear it in public — at least for now.
▼ + stars: | 2024-02-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Apple thinks you're going to use the Apple Vision Pro by yourself. AdvertisementLast week, Apple debuted its Vision Pro headsets, which meant lots of people took the opportunity to show the world what it looked like to wear Apple Vision Pro. (Heads up: If you call it "The Apple Vision Pro," Apple won't like it .) But a video of yourself wearing an Apple Vision Pro in your house isn't enough to stand out in the Attention Economy. If you really want to get some eyeballs, you need to show yourself wearing the Vision Pro outside.

Persons: Apple, — Organizations: Apple, Service, Apple Vision

☆ Cramer says the 'bifurcated consumer' is making this market hard to understand
▼ + stars: | 2024-02-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday told investors why it's hard to generalize about consumer behavior, saying that as inflation continues, there's a stark divide between cash-strapped consumers and ones that are flush. "High rates may not be helping, but they aren't hurting yet either, right now at least," he said. "In the meantime, we've got a bifurcated consumer in this country, and until you understand that, nothing in this market will make sense at all, let alone the inequality that comes with it." Cramer took McDonald's mixed earnings report as an example of the consumer divide. The fast-food giant's CEO Chris Kempczinski discussed how the low-income consumer cohort is a "battle ground" as many trade down to deal with higher costs.

Persons: CNBC's Jim Cramer, we've, Cramer, Chris Kempczinski, Taylor Organizations: Federal, Apple Vision, Costco, Walmart Locations: United States

☆ Everyone is making the same jokes about those photos of people wearing the Vision Pro outside
▼ + stars: | 2024-02-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple's Vision Pro is here, and everyone is cracking the same jokes about people wearing it while out in public. Following its official release on Friday, the Vision Pro has been spotted on the heads of people at the gym, on the subway, and in the streets. Videos of the Vision Pro got comments comparing it to "Ready Player One," "The Simpsons," and "Black Mirror." But, that hasn't stopped users from donning the Vision Pro at the gym or on public transportation. Computer engineer Alvaro Cintas made an X thread of some of the more outrageous instances of Vision Pro being used in public.

Persons: It's, L7zjmdCJWe — Alvaro Cintas, hasn't, Alvaro Cintas, Casey Neistat, ArBgbkH0UR — Casey Neistat, Neistat Organizations: Apple Vision, Vision, Apple, Pro Locations: New York City

☆ Reviewers keep mentioning how heavy the Vision Pro feels. Apple execs say there was no way to make it lighter.
▼ + stars: | 2024-02-04 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Some reviewers and users say the Vision Pro's weight makes it uncomfortable to wear after a while. Apple execs told Vanity Fair that they couldn't possibly have made it any lighter. AdvertisementThe Apple Vision Pro can feel uncomfortably heavy after a while, but Apple execs say it's as light as they could have made it. In a Vanity Fair interview published Thursday, two company execs discussed the size and weight of the mixed-reality headset, which is made from magnesium, carbon fiber, and aluminum. Richard Howarth, Apple's vice president of industrial design, told Vanity Fair, "There's nothing we could have done to make it lighter or smaller."

Persons: Apple execs, —, Apple, execs, Richard Howarth Organizations: Service

☆ Don't have $3,499 to spend on the Apple Vision Pro? Try these five headsets instead.
▼ + stars: | 2024-02-02 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

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

Apple | Spotify | Amazon | YouTube Listen and follow ‘Hard Fork’Apple’s Vision Pro headset is now for sale in stores. Will it live up to the hype? Kevin Roose and Casey Newton tried it out to see. Then, in a high-profile congressional hearing on child safety and social media, Mark Zuckerberg, the Meta chief executive, made an apology to families of victims of online child abuse. And finally, what the collapse of Cruise, the autonomous vehicle company, means for the future of self-driving cars.

Persons: Kevin Roose, Casey Newton, Mark Zuckerberg Organizations: Apple, Spotify, YouTube Locations: Cruise

☆ Apple Vision Pro goes on sale: CEO Tim Cook greets customers in NYC
▼ + stars: | 2024-02-02 | 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 EmailApple Vision Pro goes on sale: CEO Tim Cook greets customers in NYCCNBC's Steve Kovach joins 'Squawk Box' with the latest news from Apple.

Persons: Tim Cook, Steve Kovach Organizations: Apple Vision, Apple

☆ Apple’s Vision Pro headset to hit stores in the US. Here’s what you need to know
▼ + stars: | 2024-02-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —The Vision Pro, Apple’s first new product in seven years, will officially launch in stores on Friday in the US. The Apple Vision Pro headset is displayed in a showroom on the Apple campus in Cupertino, Calif., after it's introduction at the company's annual developers conference, Monday, June 5, 2023. The Vision Pro is a high-priced headset that blends virtual reality with augmented reality that projects digital images on top of real-world settings. Vision Pro includes surround sound, with audio pods that sit outside the ears to deliver rich immersive audio. Morgan Stanley analysts project the company will ship up to 400,000 Vision Pro units this year.

Persons: Apple’s, Tim Cook, Cook, Jeff Chiu, it’s, Siri, Luke Skywalker’s, Ming, Chi Kuo, Morgan Stanley Organizations: CNN, Apple Stores, New York Times, Apple, Pro, Vision, Disney, Apple Watch, Shipping Locations: Cupertino , Calif

☆ Tim Cook was asked about Vision Pro's sky-high price tag. He pointed to the 5,000 patents inside.
▼ + stars: | 2024-02-02 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +2 min

Apple's new Vision Pro hits stores Friday amid a wave of optimism from the company. When asked about the price tag, Apple CEO said the device includes 5,000 patents. The Apple Vision Pro hits stores Friday, marking the company's first major product launch in years. The Vision Pro has two Apple Silicon chips and 600 new apps and games available. AdvertisementAlready, companies such as Walmart and Nike are looking into uses for the Vision Pro for their customers or employees, Apple's CFO Luca Maestri said Thursday.

Persons: —, Tim Cook, preorders, Cook, Luca Maestri Organizations: Apple, Service, Walmart, Nike, Vision Pro

☆ The headset wars: How Apple Vision Pro stacks up against competition
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe headset wars: How Apple Vision Pro stacks up against competitionJoanna Stern, Wall Street Journal senior personal technology columnist, joins 'Squawk Box' to discuss Apple's new Vision Pro device, how it stacks up against the competition to other Big Tech companies' VR headsets, and more.

Persons: Joanna Stern Organizations: Wall Street, Big Tech, VR

The Apple Vision Pro mixed-reality headset launched in the US on Friday. Tim Cook and Apple's SVP of Retail and People showed up at an NYC Apple Store for the launch. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Apple Vision Pro launched in the US today, and there were some pretty long lines of fans waiting to get their hands on one. Apple CEO Tim Cook and SVP of Retail and People Deirdre O'Brien appeared at New York City's flagship Apple store to mark the launch and greet customers.

Persons: Tim Cook, —, Deirdre O'Brien Organizations: Apple Vision, Apple's, Retail, Apple, Service, Vision Pro, Business Locations: New York

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