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You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple's Worldwide Developer Conference keynote on Monday is expected to herald some major announcements from the tech titan. This year's WWDC has been highly anticipated by analysts, investors, and beyond, who all want to know what CEO Tim Cook will reveal about Apple's generative artificial intelligence efforts. Other changes Apple is expected to unveil include updated Mac, iPad, and Vision Pro operating systems, AI-generated emojis, and a complete overhaul of Siri.

Persons: —, Tim Cook, Dan Ives, OpenAI, Siri Organizations: Service, Business, Apple, Wedbush Securities, Bloomberg, Vision Pro

☆ Apple announces iOS 18
▼ + stars: | 2024-06-10 | 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 EmailApple announces iOS 18CNBC's Steve Kovach joins 'The Exchange' to share some breaking details about Apple's WWDC event.

Persons: Steve Kovach Organizations: Apple

☆ Apple is bringing one of iPhone owners' 'most requested' features to text messages
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Texting on your iPhone is about to look a lot more like Slack and email. iOS 18 will allow users to schedule text messages to be sent later, Apple announced at WWDC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYour iPhone is about to get some new features that'll make texting seem a lot more like email or Slack. Apple's iOS 18 update will come with the ability to schedule text messages to be sent at a later time, it announced Monday at its annual WWDC event.

Persons: Slack, —, Ronak Shah Organizations: Apple, Service, Business

☆ Welcome to the Era of the A.I. Smartphone
▼ + stars: | 2024-06-10 | by ( Brian X. Chen | ) www.nytimes.com time to read: +1 min

Every year, Apple and Google announce major software updates that bring new features to our smartphones, like cosmetic overhauls to the home screen, stronger privacy protections and fun messaging tools. This year, the changes will feel more radical because the companies are focusing on reinventing our phones with artificial intelligence. The new tools include a revamped version of its voice assistant, Siri, that is easier to talk to and an A.I. system that will generate images, create summaries of web articles and craft responses to text messages and emails. The change that will have a more immediate effect has to do with old-school text messages — also known as the green bubble.

Persons: Siri, —, Apple Organizations: Apple, Google

☆ Apple needs to show iOS can rival Google's Android in the AI era
▼ + stars: | 2024-06-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Since the start of the generative AI boom, sparked by the release of ChatGPT, the Apple CEO has remained largely silent on AI. Critically, Google's efforts to weave AI into its mobile operating system have threatened to make Apple look out-of-sync. Android users have been introduced to much-hyped generative AI features, while iOS users have been left to make do with an outdated Siri. During IO, Sameer Samat, Google's Android chief, told my colleague Alistair Barr that AI presented a "once-in-a-generation moment to reinvent what phones can do." Cook will be ready to show everyone that iOS can compete with Android in the AI era.

Persons: —, Tim Cook, Siri, Sameer Samat, Alistair Barr, it's, Cook, Mark Gurman Organizations: Service, Google, Apple, Business, Android, Worldwide Developers, OpenAI, Bloomberg, Apple Intelligence Locations: China

☆ The Fed, May inflation, and Apple are set to lead a massive week for the stock market
▼ + stars: | 2024-06-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The May CPI report, crucial for Fed decisions on rate cuts, is set to be released Wednesday. This week has a Fed meeting, the May PPI, initial jobless claims, and a consumer-sentiment report. AdvertisementIt's shaping up to be a big week for the stock market, with a slew of economic data set to be released, along with a Fed meeting and an all-important Apple event. The Fed meetingThe Fed plans to announce its latest decision on interest rates on Wednesday at 2 p.m. Overall, Lee is feeling good about the prospects for higher stock prices this week amid the economic dataset's release.

Persons: Apple's, —, Apple, Tom Lee, Jerome Powell, Lee, it's Organizations: CPI, Service, Apple, Federal Reserve, Fed, University of Michigan

☆ OpenAI hires new CFO and product chief, announces Apple deal to integrate ChatGPT
▼ + stars: | 2024-06-10 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI on Monday hired two top executives and announced a partnership with Apple that includes a ChatGPT-Siri integration, the company announced in two blog posts. The company said Sarah Friar, previously CEO of Nextdoor and finance chief at Square, is joining as chief financial officer. OpenAI also hired Kevin Weil, an ex-president at Planet Labs , as its new chief product officer, according to the blog post. Weil's product team will be focused on "applying our research to products and services that benefit consumers, developers, and businesses," the company wrote. "Siri can also tap into ChatGPT's intelligence when helpful," OpenAI wrote.

Persons: OpenAI, Siri, Sarah Friar, Friar, Kevin Weil, Weill Organizations: Apple, Stanford Digital Economy, Planet Labs, Twitter, Facebook, Monday Locations: ChatGPT

☆ Apple just threw down the gauntlet in the AI wars
▼ + stars: | 2024-06-10 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Apple finally made some big AI announcements at the WWDC 2024 keynote on Monday. Analysts are saying Apple delivered on the GenAI front, but total AI domination is uncertain. The company was touted for its privacy protections with Apple Intelligence and big updates to Siri. At the keynote of its Worldwide Developer Conference on Monday, the tech titan introduced Apple Intelligence and showed off a range of capabilities coming to its products. Apple Intelligence will bring massive changes to Photos, Siri, Messages, and more in the upcoming iOS 18, iPadOS 18, and macOS Sequoia updates.

Persons: Apple, Siri, — Organizations: Apple, Apple Intelligence, Service, Business

☆ The best new features in iOS 18
▼ + stars: | 2024-06-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Apple's iPhone operating system, iOS 18, was a major topic of discussion at the event, and it's expected to be released later this year. Related storiesHere are some of the changes we're most excited about iOS 18. AdvertisementA new home screen designApple iOS 18 will let you customize your home screen wallpaper, app icons, and widgets. iOS 18 will now allow users to tap back on a message with any emoji or sticker. AdvertisementApple IntelligenceApple will be integrating a much-anticipated generative AI system into iOS 18.

Persons: —, Ronak Shah, You'll, Shah, Craig Federighi, Apple Cash, Apple, Siri Organizations: Service, Apple, Business, Tapbacks, Google, Apple Intelligence Apple, OpenAI Locations: Siri

☆ Stock market today: S&P 500 and Nasdaq close at record highs ahead of Fed meeting, May inflation report
▼ + stars: | 2024-06-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks started the week with gains as the S&P 500 and Nasdaq hit record highs. The all-time highs come ahead of the May inflation report and the Fed's two-day FOMC Meeting. AdvertisementUS stocks climbed to kick the week, with the S&P 500 and Nasdaq 100 closing at record highs. Earlier that day, investors will digest the May consumer price index report, which will set the tone for markets as investors head into the summer months. Economists expect Core CPI to have risen 0.3% month over month last month.

Persons: —, Morningstar, Dave Sekera, Jerome Powell, Sekera, Dan Ives, Ives Organizations: Nasdaq, Apple, Service, Federal Reserve, CPI, Here's

☆ Here's what to expect from Apple's AI event and how to trade it
▼ + stars: | 2024-06-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The pressure is heating up on Apple to flaunt its AI potential at its annual Worldwide Developers Conference Monday. Shares of Apple have lagged major technology peers since the start of the year, rising just 1.5%. While the Apple event isn't typically regarded as a big market-moving stock catalyst, the highly anticipated announcement of new generative AI-enabled features changes the narrative this year, Woodring said. He added that shares tend to underperform the S & P 500 by 10 basis points on average on the day of the event. The analyst retained a $225 price target on Apple shares, implying 14% upside from Friday's close.

Persons: Morgan Stanley's Erik Woodring, Woodring, Siri, Tim Cook, Samik Chatterjee, Atif Malik, AAPL, Toni Sacconaghi Organizations: Apple, Developers, Nvidia, Microsoft, Mac, Citigroup, Google, Samsung

☆ Apple is making the iPhone more like Android
▼ + stars: | 2024-06-10 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

The iPhone is about to look more like an Android thanks to iOS 18. Apple's new operating system includes home screen customization options similar to Android devices. Some users have argued that Android phones are more innovative than their Apple counterparts. AdvertisementYour iPhone will soon look more like an Android device. IPhone users will soon be able to customize elements of the home screen as part of Apple's iOS 18 software update, the company announced at Monday's opening session of its Worldwide Developers Conference.

Persons: —, You'll Organizations: Apple, Service, Worldwide Developers, Business

☆ Apple needs to make the iPhone cool again. Tomorrow is its chance
▼ + stars: | 2024-06-09 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

And no product is more important to Apple than the iPhone. New AI features that provide a compelling reason to upgrade when Apple rolls out the iPhone 16 in the fall could boost the company at a crucial time. Here’s the thing: No matter how Monday goes, Apple isn’t losing its status as a tech powerhouse anytime soon. The latter scenario — assuming the features are compelling — could spur the next major iPhone upgrade cycle and have ripple effects for the entire company. “That’s the key: if it’s compelling and not backward-compatible, Apple will have the first upgrade cycle in four years,” Luria said.

Persons: they’ve, Apple isn’t, D.A, Davidson, Gil Luria, Gadjo Sevilla, “, Siri, Luria, ” Luria Organizations: New, New York CNN, Apple, CNN, ”, Nvidia, Microsoft, eMarketer, iOS, Samsung Locations: New York, China, WWDC

☆ Apple's big summer event is coming up. Here's what the iPhone company is expected to announce.
▼ + stars: | 2024-06-06 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Apple is gearing up to deliver big announcements at WWDC on June 10. 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 . AdvertisementApple's highly anticipated Worldwide Developers Conference kicks off Monday, and the tech community is buzzing with expectations and predictions of big announcements. This story is available exclusively to Business Insider subscribers.

Persons: —, they've, WWDC, Mark Gurman Organizations: Apple, Service, Business

☆ Vimeo is courting YouTubers like The Try Guys to launch subscription platforms and has become a surprising emerging power player in the creator economy
▼ + stars: | 2024-06-06 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Channels like Dropout (14 million subscribers), The Try Guys (8 million subscribers), and Watcher (2.8 million subscribers) are launching subscription platforms through Vimeo's content-monetization service, Vimeo OTT. "We are very proactively focused on the YouTube creator space," Bloom said. Like Vimeo OTT, several tech startups are betting on creator-led subscription content, from Patreon to OnlyFans to Nebula. Subscription business strategies that have worked for Vimeo OTT creatorsOnce a platform is created through Vimeo OTT, creators own the relationship with their fans. Vimeo said its OTT creator content varies from the comedy genre to historical content to unscripted reality TV.

Persons: —, OTT, Rich Bloom, Bloom, Vimeo OTT, It's Organizations: Service, Business, YouTube, British YouTube, Entertainment, Vimeo, Netflix, BI, Apple, Android, Samsung Locations: British, Patreon

☆ Nvidia surpasses Apple to become the 2nd-most-valuable company in the world
▼ + stars: | 2024-06-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The ongoing AI boom helped catapult Nvidia's market valuation to $3.014 trillion. With Nvidia now bigger than Apple, the AI chip maker is just slightly behind Microsoft as the world's biggest company. Nvidia's valuation was just above $950 billion a year-ago and was about $400 billion in November 2022 when OpenAI first released ChatGPT to the public. Apple held a market valuation of $3.00 trillion Wednesday afternoon, or about $15 billion below Nvidia's current valuation. With Apple surpassed, Nvidia is behind only Microsoft, which is the world's most valuable company with a market capitalization of $3.15 trillion.

Persons: —, OpenAI, Beth Kindig, Kindig Organizations: Nvidia, Apple, Microsoft, world's, Service, Fund

☆ How AI could supercharge the Vision Pro
▼ + stars: | 2024-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

It could also boost sales of the pricey Vision Pro, which has reportedly and unexpectedly received a production cut. During its most recent earnings call, CEO Tim Cook said more than half of the Fortune 100 companies have already bought an Apple Vision Pro. But while it’s unclear when generative AI will come to the Vision Pro, Nygugen said: “It’s only a matter of time.”That’s because the Vision Pro is merely just another interface – much like a tablet, laptop, or watch, that touches Apple’s ecosystem. The Vision Pro, the tech giant's $3,499 headset, is its first major release since the Apple Watch nine years ago. “Vision Pro just came out a few months ago and it needs to get its feet under it before it really starts to take off,” Llamas said.

Persons: it’s, Tim Cook, It’s, Siri, “, Tuong, ”, Nygugen, ” Nygugen, Angela Weiss, Ming Chi, Kuo, Jeremy Bailenson, Bailenson, Ramon Llamas, Apple, ChatGPT – Organizations: CNN, Developers, Google, Samsung, Vision, Fortune, Apple Vision, Gartner, Apple, Apple Watch, Getty, Vision Pro, Stanford, VR, IDC, Microsoft, “ Locations: Cupertino , California, New York City

☆ With Paramount's long and winding sales process coming to an end, here's what comes next for the media giant
▼ + stars: | 2024-06-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. It's "is Paramount big enough to survive on its own?" The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people.

Persons: —, Donald Trump, Rebecca Zisser, Warner, David Zaslav, Byron Allen, David Ellison, Larry Ellison, he's, Phillip Faraone, Peter Kafka, That's, Larry Ellison's, Alyssa Powell, Savita Subramanian, Gary Shilling, Kitty, Keith Gill, Arif Qazi, Jason Zander, they'll, Apple's, Siri, Dominic Bugatto, that's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Paramount, Business, Paramount Pictures, CBS, RedBird Capital Partners, KKR, Warner Bros . Discovery, Sony, Hollywood, Getty, Tech, Bank of America, Wall Street, GameStop, Google, Microsoft, Big Tech, BI, Washington Post, Hewlett Packard Enterprise Locations: China, India, Texas, New York, London

☆ Apple's big summer event is one week away. Here's what the iPhone company is expected to announce.
▼ + stars: | 2024-06-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Apple is gearing up to deliver big announcements at WWDC on June 10. 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 . AdvertisementApple's highly anticipated Worldwide Developers Conference kicks off next week, and the tech community is buzzing with expectations and predictions of big announcements. This story is available exclusively to Business Insider subscribers.

Persons: —, they've, WWDC, Mark Gurman Organizations: Apple, Service, Business

☆ Publishers and advertisers demand that Apple's Tim Cook stop the rollout of an anticipated 'web eraser' tool over fears it'll hobble web advertising
▼ + stars: | 2024-05-29 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The French group of trade associations fears that Apple's web eraser could represent another example of Big Tech implementing disruptive changes over which media and advertising companies have no control. Apple generates advertising and subscription revenue from its Apple News service, though it makes the majority of its ad revenue from search ads within the Apple App Store. A spokesperson for the NMA said the organization hadn't heard back from Apple since it sent the letter on May 10.

Persons: —, Tim Cook, Apple's Cook, Thierry Breton, Apple, NMA, hadn't Organizations: Service, Apple, Business, Safari, Alliance, SRI, Union des Marques, Big Tech, Google, Facebook, Publishers, Apple News, French Competition Authority, Europe's, UK's News Media Association, Daily Mail, Guardian Locations: France, Europe, Germany

☆ This signal could be good news for the stock market
▼ + stars: | 2024-05-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Some analysts think that means good news for stocks in the second half of the year. While [gross domestic product] and the labor market seem to be slowing, earnings are accelerating,” wrote the Bank of America analysts. That means an improving manufacturing cycle but slowing services can lead to a divergence between market performance and economic performance. “We’ve witnessed records repeatedly break in both stock and housing markets over the past year.”In addition to unrelentingly high home prices, the housing market is also grappling with a chronic lack of homes on the market and elevated mortgage rates. Put together, it has resulted in a tough housing market, especially first-time buyers.

Persons: Dow, PMIs, ”, Brian Luke, “ We’ve, Read, Apple’s Siri, Siri, Samantha Murphy Kelly, Tim Cook, ” Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Institute for Supply Management, PMI, Bank of America, Dell, Marvell, Costco, Dow Jones, Developers Conference, Google, Samsung, ” Apple Locations: New York, San Diego , New York, Cleveland, Los Angeles

☆ Nvidia stock has 258% upside as its 'impenetrable moat' will propel it to a $10 trillion valuation by 2030, tech analyst says
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

That's according to I/O Fund tech analyst Beth Kindig, who said Nvidia has a massive moat around its business. Kindig said the next leg of growth for Nvidia will come from its CUDA software platform. AdvertisementNvidia stock will surge 258% from current levels and hit a $10 trillion market valuation by 2030, according to I/O Fund tech analyst Beth Kindig. This is very, very early for Nvidia," Kindig told CNBC on Tuesday. "The CUDA software platform is what developers learn on.

Persons: Beth Kindig, Kindig, —, Nvidia's, Blackwell, Kindig's, They're Organizations: Nvidia, Blackwell, Fund, Service, CNBC, AMD, Intel, Amazon

☆ What a generative AI iPhone could look like
▼ + stars: | 2024-05-28 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Although artificial intelligence has powered some of the iPhone’s experiences for years, such as Live Text and improved autocorrect, generative AI could unlock new levels of interaction and personalization. The debut of an AI iPhone could also entice consumers to upgrade at a time when they’ve been holding onto older models longer. Now all eyes shift to Apple for its take on generative AI. Expediting AIBehind the scenes, Apple reportedly has been working on its on-device generative AI capabilities and acquiring companies for awhile, such as Canadian startup DarwinAI. But now it needs to show it’s going all in on artificial intelligence to stay relevant in a rapidly evolving industry.

Persons: Apple’s Siri, Siri, ”, Tim Cook, they’ve, Paul Schell, ” Schell, Thomas Husson, Forrester, Apple, Nabila, doesn’t, ” Popal, “, “ It’s, it’s Organizations: CNN, Developers Conference, Google, Samsung, ” Apple, Apple, ABI Research, Microsoft, Meta, IDC, Bloomberg, Huawei Locations: China

☆ iPhone home screens may get a total redesign when Apple launches iOS 18. Here's what they might look like.
▼ + stars: | 2024-05-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

iPhone home screens may look different when iOS 18 arrives. The upcoming update could make home screens much more customizable, Bloomberg reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe home screen layout of Apple devices has remained largely unchanged since the iPhone debuted in 2007, but an upcoming update could mean an all-new design. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Bloomberg, Apple, Service, Conference, Business

☆ Truth Social struggles to grow its U.S. user base, new data on Trump Media app shows
▼ + stars: | 2024-05-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

But the new analyses could be warning signs for Trump Media, whose business depends in large part on growing its user base. Truth Social users were down 19.7% year over year, according to Similarweb. Truth Social users on average check the site fewer than two days a week — falling behind apps like Facebook, X, TikTok, Reddit and Pinterest. Truth Social users also clock fewer minutes of engagement on the platform that do the users of other social media networks. "Compared to other social media platforms, Truth Social users are accessing the app much less frequently and are spending much less time on it per session," the firm's CEO, Dr. Paul Carter, told CNBC in an email.

Persons: Dado Ruvic, Donald Trump's, —, Similarweb, Trump, Similarweb's, David Carr, Carr, Michael M, Paul Carter, Carter, Donald Trump, Jim Watson Organizations: Reuters, Social, Trump Media, White, Trump, CNBC, Securities and Exchange Commission, SEC, Nasdaq, Trump Media & Technology Group, Santiago, Getty, Truth, Facebook, Republican, AFP Locations: U.S, Similarweb, New York City, South Bronx

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