DIRS.INFO The most relevant business & tech news

The overhaul rolling out Thursday only in the Europe represents the biggest changes to the iPhone's App Store since Apple introduced the concept in 2008. Among other things, people in Europe can download iPhone apps from stores that aren't operated by Apple and are getting alternative ways to pay for in-app transactions. That came during testimony in a May 2021 trial resulting in a U.S. judge ruling that the App Store isn't a monopoly. In that decision, the judge required Apple to begin allowing links to outside payment options inside iPhone apps in the U.S. Apple still doesn't permit alternative iPhone app stores in the U.S. or more than 100 other countries outside the EU.

Persons: Apple, Tim Sweeney, Steve Jobs, Epic's Sweeney, ” Apple Organizations: Apple, Union, Digital Markets, Spotify, Epic, European Commission, U.S, Regulators, Google, Facebook, Apple Watch, Supreme, EU Locations: Europe, Apple’s, Sweden, U.S, It's

☆ The iPhone needs a revamp, and its sagging performance in China is proof
▼ + stars: | 2024-03-06 | by ( Hasan Chowdhury | Lina Batarags | ) www.businessinsider.com time to read: +6 min

Read previewThe last thing Tim Cook needs this year is for the iPhone to give him a headache. Unfortunately for Apple, that task could be complicated as signs emerge that its workhorse gadget needs a revamp. In its most recent quarter, Apple generated almost $70 billion of its $119.6 billion total revenue from iPhone sales. China, Apple's most important international market, has started to sour on iPhones, bucking a trend of growth in other regions. Apple's AI efforts, led by ex-Googler and senior vice president John Giannandrea, could introduce several AI features to iPhones that offer an edge over Chinese competitors.

Persons: —, Tim Cook, Cook, Steve Jobs, Paul Sakuma, Will Wong, Wong, Wang Gang, Gene Munster, Munster, Dan Ives, John Giannandrea, Siri, Jobs Organizations: Service, Apple, Vision, Business, Macworld, Counterpoint Research, Vivo, Huawei, Wall Street Journal, IDC's, Devices, Research, Asset Management Locations: Cupertino, China, Greater China, Beijing, Singapore, IDC's Asia

☆ The Juggernaut promised to revolutionize South Asian news. But insiders say the company's founder misled investors, struggled to raise money, and left workers 'heartbroken.'
▼ + stars: | 2024-03-05 | by ( Katie Warren | ) www.businessinsider.com time to read: +33 min

They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."

Persons: —, Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon

☆ San Francisco Art Institute Headquarters Sold to Group Led by Laurene Powell Jobs
▼ + stars: | 2024-03-04 | by ( Robin Pogrebin | More About Robin Pogrebin | ) www.nytimes.com time to read: +1 min

The main campus of the bankrupt San Francisco Art Institute, which is home to a beloved Diego Rivera mural, has been sold to a new nonprofit organization led by the philanthropist Laurene Powell Jobs. The nonprofit, made up of local arts leaders and supporters including Powell Jobs, the widow of the Apple co-founder Steve Jobs, bought the campus — which has been plagued by debt — through a limited liability company, for about $30 million. The sale, reported earlier in The San Francisco Chronicle, includes “The Making of a Fresco Showing the Building of a City,” a 1931 mural by Rivera, which has been valued at $50 million and will remain in a viewing room. The former school will house an unaccredited institution that will include a residency program where artists can “develop their work and show their work,” said David Stull, the president of the San Francisco Conservatory of Music, who is a member of the new nonprofit organization’s advisory committee. He described the new center “as a platform for supporting artists and creating a center for the community around art.”

Persons: Diego Rivera, Laurene Powell Jobs, Powell Jobs, Steve Jobs, Rivera, ”, David Stull Organizations: San Francisco Art Institute, Apple, San Francisco Chronicle, San Francisco Conservatory of Music Locations: City, ”

☆ A tech entrepreneur shared the advice Steve Jobs once gave him that's helped him find success and happiness in his career
▼ + stars: | 2024-03-02 | by ( Sawdah Bhaimiya | ) 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. Read previewA serial tech entrepreneur recalled some words of wisdom that Steve Jobs shared with him that have helped him face challenges over his career and kept him moving forward. Gutman, who has headed numerous companies during his career, told Business Insider that Steve Jobs gave a commencement speech when he graduated from Stanford in 2005. Jobs said it led to a creative period in his life during which he founded two companies and fell in love. Frame challenges as adventuresGutman explained that if you're not passionate about the work you're doing or are solely motivated by money, you're more likely to give it up for something else.

Persons: —, Steve Jobs, Ron Gutman, Gutman, Steve, Jobs, Steve Wozniak, Apple, I'm, You've, We're Organizations: Service, Stanford University, Business, Stanford, Apple

☆ Snowflake's Slootman says he's not worried about employee exodus: 'This is not a personal cult'
▼ + stars: | 2024-02-29 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

While the announcement caused consternation on Wall Street, Slootman told CNBC that he's not worried about a wave of Snowflake employees following him out the door. Slootman, 65, is being succeeded by former Google ad chief Sridhar Ramaswamy, who joined Snowflake in June via the company's $185 million purchase of Neeva, a startup Ramaswamy co-founded in 2019. Snowflake was the third enterprise technology company that Slootman shepherded through the IPO process, following Data Domain in 2007 and ServiceNow in 2012. Before joining Snowflake, Slootman spent about six years as CEO of ServiceNow . ServiceNow's workforce stood at 23,668 by the end of 2023, compared with 603 in December 2011, months after Slootman had joined, according to regulatory filings.

Persons: Frank Slootman's, Slootman's, Slootman, he's, Sridhar Ramaswamy, Snowflake, ServiceNow, —, There's, George Floyd, Steve Jobs Organizations: Snowflake, New York Stock Exchange, Mizuho Securities, CNBC, Google Locations: ServiceNow, Snowflake, America

☆ Hedge-fund titan Kyle Bass blamed Joe Biden for his $85 room-service breakfast. It didn't go well for him.
▼ + stars: | 2024-02-29 | by ( George Glover | ) 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. Read previewVeteran investor Kyle Bass is catching flak online after he blamed his $85 breakfast at a luxury five-star hotel on Joe Biden's inability to clamp down on inflation. "Terrible inflation milestone reached — my first $85 breakfast for one at a NYC hotel," Bass, who founded the private equity firm Conservation Equity Management and the hedge fund Hayman Capital Management, said on X Wednesday. Terrible Inflation milestone reached - My first $85 breakfast for one at a NYC hotel. "You ordered room service in a 5-star Manhattan hotel.

Persons: —, Kyle Bass, Joe Biden's, Bass, Biden, Janet Yellen, ove, 3% Organizations: Service, Conservation Equity Management, Hayman Capital Management, Business, Federal Reserve, Biden Locations: Ste

☆ Behind Apple’s Doomed Car Project: False Starts and Wrong Turns
▼ + stars: | 2024-02-28 | by ( Brian X. Chen | Tripp Mickle | ) www.nytimes.com time to read: +1 min

For the last decade, many Apple employees working on the company’s secretive car project, internally code-named Titan, had a less flattering name for it: the Titanic disaster. Throughout its existence, the car effort was scrapped and rebooted several times, shedding hundreds of workers along the way. As a result of dueling views among leaders about what an Apple car should be, it began as an electric vehicle that would compete against Tesla and morphed into a self-driving car to rival Google’s Waymo. The car project’s demise was a testament to the way Apple has struggled to develop new products in the years since Steve Jobs’s death in 2011. But it festered and ultimately fizzled in large part because developing the software and algorithms for a car with autonomous driving features proved too difficult.

Persons: Google’s Waymo, Apple, Steve Jobs’s Organizations: Apple, Tesla

☆ Kara Swisher warns news organizations need to ‘reinvent’ themselves amid existential crisis
▼ + stars: | 2024-02-27 | by ( Oliver Darcy | ) edition.cnn.com time to read: +9 min

We spoke to Swisher on Monday to get her insight on some of the challenges facing the media and tech landscape today. And they didn’t anticipate that these tech companies were going to get into media. If so, why haven’t legacy media companies been able to lure in top tech talent to improve their products? Media companies do not get to live by the same anti-gravity rules that tech companies have been able to. But media companies didn’t offer the same kind of upside.

Persons: New York CNN — Kara Swisher, ” Swisher, Swisher, it’s, BuzzFeed, they’ve, Steve Jobs, Rupert Murdoch, “, Donald Trump’s, Joe Biden’s, It’s, You’ve, Elon Musk, Bill Ackman, I’m, Elon, Tyler Perry, Sora, everyone’s, Adrian Chen, …, AllThingsD, Uber, We’ve, haven’t Organizations: New York CNN, Craigslist, . Media, Big Tech, New York Times, Harvard, The New York Times, Google Locations: New York

☆ Suncorp CEO is 'very confident' in the company's future as a pure-play insurer post ANZ deal
▼ + stars: | 2024-02-26 | 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 EmailSuncorp CEO is 'very confident' in the company's future as a pure-play insurer post ANZ dealSteve Johnston, Suncorp's Group CEO, says the company still has "work to do" to close the ANZ-Suncorp bank deal but remains confident it will succeed.

Persons: Steve Johnston Organizations: Suncorp, ANZ, Suncorp's

☆ Steve Jobs once said the best managers are 'individual contributors' who aren't interested in managing people
▼ + stars: | 2024-02-26 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +1 min

Steve Jobs once shared some advice about how to hire the best managers in a 1985 interview. He said the best managers are "great individual contributors" who don't want to manage. 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 . AdvertisementApple's legendary cofounder Steve Jobs once shared some advice about the best managers, and he said they're usually the people who don't actually want to be managers.

Persons: Steve Jobs, —, they're, Jobs Organizations: Service, Business

☆ Kara Swisher witnessed the tech revolution. Now she wants to burn the industry
▼ + stars: | 2024-02-25 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +14 min

That’s the message in a fascinating new memoir, “Burn Book,” by the tech journalist Kara Swisher, who hosts a multitude of podcasts and is a CNN contributor. I don’t think they read. In the entire time that you’ve been covering tech I don’t think there’s been a single major regulatory law. So it’s a real racket if you really think about it. And I do think there’s a human impulse even though you have this lizard brain that likes to stare at the phone.

Persons: “, Kara Swisher, SWISHER, Will, I’ve, it’s, Steve Jobs, I’m, Don’t, What’s, there’s, they’ve, They’ve, Guess, Mark Zuckerberg, He’s, Joe, Biden, There’s, Sam Altman, Tony Blinken, It’s, that’s, you’re, We’ve Organizations: CNN, Communications, Alaska Airlines, United Arab, State, Facebook, Times Locations: It’s, America, Alaska, United Arab Emirates, UAE, Europe, New York, There’s

☆ I ditched my smartphone for 12 months but it was a bad decision
▼ + stars: | 2024-02-21 | by ( William Haigen | ) www.businessinsider.com time to read: +5 min

When my iPhone suddenly stopped working 12 months ago, my immediate reaction surprised me. Like, according to PC Mag 67% of millennials, I’ve tried and failed to spend less time on my phone. I’ve downloaded all of the productivity apps, tried making rules and systems, and read books about breaking bad habits — to no avail. WhatsApp only works if you have a smartphone, so friends and family who don’t use Facebook Messenger are nearly uncontactable. I’ve become quite accustomed to not even having my phone on or taking it with me everywhere I go.

Persons: I’ve, Steve Jobs ’, overstimulation, I’m, —, Hyperconnectivity Organizations: Service, Business, Nokia

☆ The gloves are off among Silicon Valley CEOs
▼ + stars: | 2024-02-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Silicon Valley CEOs are doing battle in public. AdvertisementThe Silicon Valley elite have been at each other's throats a little more than usual lately. AdvertisementThe latest example of this came this week when Mark Zuckerberg derided Apple's Vision Pro headset in an Instagram video. The Vision Pro is a direct competitor to Meta's Quest Pro but Zuckerberg does not appear concerned for now. “If you go back to the PC era, Microsoft’s open model was the winner, and in this next generation Meta is going to be the open model, and I really want to make sure that the open model wins out again.”Zuckerberg has good reason to be on the offense.

Persons: Mark Zuckerberg, —, Apple's, Zuckerberg, Justin Sullivan, it’s, ” Zuckerberg, OpenAI’s, Bill Gates, ” Elon Musk, Sam Altman, chatbot Grok, Elon Musk, Leon Neal, Satya Nadella, OpenAI, Y, Paul Graham, Tim Cook, Steve Jobs, ”, “ Organizations: Vision, Service, Tech, Meta's, Apple, Reality Labs, Microsoft, Google Locations: OpenAI, Zuck

☆ Apple is losing a design titan — the latest turnover in its post-Jony Ive era
▼ + stars: | 2024-02-14 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Apple designer Bart Andre, who came up with former design chief Jony Ive, is retiring. The design team is crucial to Apple's high-profile launches, including its latest Vision Pro. Andre was one of the last remaining members of Ive’s former team, Bloomberg reported. AdvertisementIve’s departure in 2019 precipitated an exodus, Bloomberg reported, with many of the iPhone company's designers subsequently joining his design firm venture LoveFrom. AdvertisementApple's design team under Ive numbered roughly two dozen staffers, Bloomberg reported, obsessively crafting products like the AirPods and Apple Watch for years before they hit shelves.

Persons: Bart Andre, Jony, There's, —, Andre, Evans Hankey, Colin Burns, Shota Aoyagi, Peter Russell, Clarke, Richard Howarth, Molly Anderson, Duncan Kerr, Jeff Williams, Tim Cook, Steve Jobs Organizations: Apple, Bloomberg, Service, Apple Vision, Journal, Apple Watch

☆ You almost never saw the most famous Super Bowl ad of all time
▼ + stars: | 2024-02-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The most famous – and arguably the best – Super Bowl ad in history, the Apple “1984” ad, was nearly killed by the company for whom it was made. But Apple’s board of directors hated the 1984 ad, according to some of the ad executives who worked on the campaign. They hated it so much, in fact, that they ordered the agency that made it, Chiat/Day, to sell off the time they had already purchased on that year’s Super Bowl, rather than run the ad. He said it also changed the way that companies thought about Super Bowl ads in the 40 years since it aired. Chiat/Day, the agency that created the ad people are still talking about 40 years later, was fired by Apple soon afterward.

Persons: ”, ’, it’s, Lee Clow, Steve Jobs, Steve, ‘, ’ ” Clow, “, Jobs, John Scully, ” Clow, ” Apple, Clow, Frazer Harrison, Marcus Collins, ’ ”, Ridley Scott, Scott, Scully Organizations: New, New York CNN, Apple, Apple Computer, Global, Getty, University of Michigan, Super, Pepsico Locations: New York

☆ For $350, you too can have glasses with 'AI superpowers' (and look like a modern-day Gandhi)
▼ + stars: | 2024-02-11 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Brilliant Labs — a Singapore-based startup funded by the creator of Pokemon Go — just released Frame, a $350 pair of non-prescription glasses powered by a multimodal AI assistant called Noa. The glasses project visuals and information directly onto the lenses, so wearers can prompt them with requests for information about almost everything they see or hear. Frame projects visuals and information directly onto the lenses of the glasses. Similarly, the glasses can query both available live web sources and GPT-4 for nutritional information, Tavangar said. The AI startup Humane launched a nearly $700 Ai Pin in November that combines voice command with AI to answer questions, summarize texts, translate languages, and play music.

Persons: —, Noa, they’re, John Lennon, Steve Jobs, Gandhi, Justin Sullivan, OpenAI’s, Bobak Tavangar, Tavangar, ” Tavangar, Pin Organizations: Service, Business, Staff, Labs, buzzy Locations: Singapore

☆ 40 Years Ago, This Ad Changed the Super Bowl Forever
▼ + stars: | 2024-02-09 | by ( Saul Austerlitz | ) www.nytimes.com time to read: +2 min

Four decades ago, the Super Bowl became the Super Bowl. It wasn’t because of anything that happened in the game itself: On Jan. 22, 1984, the Los Angeles Raiders defeated Washington 38-9 in Super Bowl XVIII, a contest that was mostly over before halftime. Conceived by the Chiat/Day ad agency and directed by Ridley Scott, then fresh off making the seminal science-fiction noir “Blade Runner,” the Apple commercial “1984,” which was intended to introduce the new Macintosh computer, would become one of the most acclaimed commercials ever made. It also helped to kick off — pun partially intended — the Super Bowl tradition of the big game serving as an annual showcase for gilt-edged ads from Fortune 500 companies. It all began with the Apple co-founder Steve Jobs’s desire to take the battle with the company’s rivals to a splashy television broadcast he knew nothing about.

Persons: George Orwell, Ridley Scott, Steve Jobs’s, — Scott, John Sculley, Steve Hayden, Fred Goldberg, Anya Rajah, JOHN SCULLEY, we’re, “ Organizations: Super Bowl, Los Angeles Raiders, Washington, XVIII, CBS, Apple, Fortune, Chiat, Businessweek, IBM Locations: Steve

☆ Vision Pro Review: Apple’s First Headset Lacks Polish and Purpose
▼ + stars: | 2024-02-07 | by ( Brian X. Chen | ) www.nytimes.com time to read: 1 min

About 17 years ago, Steve Jobs took the stage at a San Francisco convention center and said he was introducing three products: an iPod, a phone and an internet browser. “This is one device, and we are calling it iPhone.”At $500, the first iPhone was relatively expensive, but I was eager to dump my mediocre Motorola flip phone and splurge. There were flaws — including sluggish cellular internet speeds. Over the last week, I’ve had a very different experience with a new first-generation product from Apple: the Vision Pro, a virtual reality headset that resembles a pair of ski goggles. The $3,500 wearable computer, which was released Friday, uses cameras so you can see the outside world while juggling apps and videos.

Persons: Steve Jobs, ”, I’ve Organizations: San, Motorola, Apple Locations: San Francisco

☆ WeWork cofounder Adam Neumann is reportedly trying to pull a Steve Jobs
▼ + stars: | 2024-02-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Adam Neumann is exploring an offer to buy back the now-bankrupt WeWork, per the NYT. It could be a similar move to Steve Jobs' revival as the Apple CEO, 12 years after he resigned. AdvertisementWeWork cofounder Adam Neumann is exploring an offer to buy the now-bankrupt company, The New York Times' DealBook first reported. Neumann has met with WeWork several times since December to discuss buying it or its assets, or providing it with financing, per the letter. In a statement shared with Business Insider, a WeWork spokesperson said: "WeWork is an extraordinary company.

Persons: Adam Neumann, Steve Jobs, Neumann, Dan Loeb's, —, DealBook, Alex Spiro, WeWork, Jobs, Gil Amelio, Amelio's Organizations: WeWork, Apple, Service, The New York Times, Elon, Flow, NeXT, Macworld, Business

☆ Mark Zuckerberg is serving peak Relatable Zuck with his laptop perched on a stack of books
▼ + stars: | 2024-02-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Meet Relatable Zuck, who wants you to know that he, too, uses a book stack for a laptop stand. The Meta CEO has gone from a hoodie-wearing tech wunderkind to a shredded martial arts practitioner. Mark Zuckerberg in the early days of Facebook's founding (left) and Mark Zuckerberg today (right). While most were battling cabin fever or binge-watching Netflix during the COVID-19 pandemic, Zuckerberg said he'd picked up mixed martial arts instead. AdvertisementIn fact, martial arts has become such a big part of Zuckerberg's life, that it even warranted a mention in Meta's latest annual report.

Persons: Relatable Zuck, Mark Zuckerberg, —, Taylor Swift, Zuckerberg, Zuck, Today's Zuckerberg, Stanley, Steve Jobs, Albert Einstein —, he'd Organizations: Service, Facebook, Netflix Locations: arm's, California, Meta's

NEW YORK (AP) — One of the world’s largest and most influential publishers, Simon & Schuster, celebrates its 100th anniversary this year. The list tells many stories, through the books selected, not selected, and the evolution of what has been highlighted. “A group of Simon & Schuster staffers took on the daunting challenge of selecting 100 titles from our history that are believed to best represent the breadth and depth of the company’s publishing program, across imprints,” the publisher announced Wednesday. “That book actually had an influence on the course of events.”Like many leading publishers, Simon & Schuster began as an independently owned company and vastly expanded after the 1960s. Along the way, Simon & Schuster acquired numerous other publishers, whose books are now part of the S&S catalog and its centennial list.

Persons: Simon & Schuster, Simon, Gregory Hartswick, Prosper Buranelli, Margaret Petherbridge, Richard Simon, Max Schuster, ”, Schuster, Jonathan Karp, Sloan, veteran’s, Karp, “, — Ralph Ellison, Maya Angelou, Richard Wright, Harper, James Baldwin, Alex Haley, Langston Hughes, Toni Morrison, ” Karp, Ntozake Shange’s, Jenny Han’s “, ” Carlos Eire’s “, ” Siddhartha Mukherjee's “, ” Jason Reynolds ’, Safiya, Wendy Sherwin, didn’t, John Irving, Bruce Springsteen’s, Doris Kearns Goodwin’s Pulitzer, Franklin, Eleanor Roosevelt, Abraham Lincoln, Barack Obama, Rivals ’, Barack Obama’s, Hillary Clinton, Scott Fitzgerald’s “, ” Ernest Hemingway’s “, Alan Paton’s “, Scribner, Judy Blume’s “, Margaret ”, Walter Isaacson’s “ Steve Jobs, Frederick Backman's, Ove, Dale Carnegie’s, Leon Shimkin, David McCullough's, Wright, Blume, Woodward Organizations: Simon &, New York, HarperCollins, Dial Press, Doubleday, Knopf, “, Rivals, KKR, Win, Carnegie Locations: ”, Snow, Havana

☆ The Apple Vision Pro Is a Marvel. But Who Will Buy It?
▼ + stars: | 2024-01-31 | by ( Kevin Roose | ) www.nytimes.com time to read: +1 min

Last week, I was ushered by an Apple employee through a security gate, past a manicured lawn, down a flight of stairs and into a tastefully decorated faux living room inside the Steve Jobs Theater to get a preview of the company’s new Vision Pro headset. Like other reporters who were given early tours of the Vision Pro, my demo was far from exhaustive. Given how limited my trial was, I can’t in good conscience tell you whether the Vision Pro is worth the $3,500 — yes, three thousand five hundred United States dollars — it costs. I also can’t say if the Vision Pro solves what I call the “six-month problem.” With many V.R. headsets I’ve tried — and I’ve tried a lot — the initial novelty fades, and minor annoyances, like blurry graphics or a lack of compelling apps, start to pile up.

Persons: Steve Jobs, I’ve Organizations: Apple, Steve, Vision, United Locations: United States

☆ Earnings season is like 'March Madness' for options traders. Here are some basic strategies
▼ + stars: | 2024-01-29 | by ( Zev Fima | ) www.cnbc.com time to read: +22 min

Say the premium is $2 on that $195 strike heading into earnings and I am sitting on 100 shares (remember every options contract represents 100 shares). If, however, shares hit the $195 strike, then I am, as the seller of that option contract, obligated to sell my shares at $195. To implement this strategy, you would sell a put at a higher strike price and then purchase another put as insurance at a lower strike price. In this case, we would be laying out $2 (paying $3 to buy the $195 strike and collecting $1 by selling the $190 strike). There are two high-level factors that determine an options price, intrinsic value and time value.

Persons: Jim Cramer's, It's, we'll, you'll, I've, it's, they're, we're, we've, We've, Jim Cramer, Steve Jobs, Tim Cook, Vega, Jim, Spencer Platt Organizations: CNBC, Jim Cramer's Charitable Trust, Club, Nvidia, New York Stock Exchange, Getty Locations: Delta, New York City

NEW YORK (AP) — The Los Angeles Opera has scrapped plans for the world premiere of Mason Bates' “The Amazing Adventures of Kavalier & Clay” this fall because of finances. The work will instead open with a student cast at Indiana University's Jacobs School of Music. Cremo sent an email last month to Abra K. Bush, dean of the Jacobs School, suggesting the shift. Bates, 47, won a Grammy Award in 2019 for “The (R)evolution of Steve Jobs,” which premiered at the Santa Fe Opera in 2017 and was coproduced with the Jacobs School. “It's a story about Jewish immigrants changing American culture and certainly that resonates in LA,” Bates said.

Persons: Mason Bates, Clay, Bates, Michael Chabon's Pulitzer, Dorothy Chandler, Christopher Koelsch, Koelsch, “, ” Peter Gelb, Gelb, Jeanine Tesori, George Brandt, Evans Mirageas, Paul Cremo, Cremo, Bush, ” Bush, ‘, ’ ” Bush, Bartlett Sher, Michael Christie, Yannick Nézet, Mark Grimmer, Steve Jobs, Gene Scheer, ” Bates, ” Organizations: Los Angeles Opera, Indiana University's Jacobs School of Music, Metropolitan Opera, Musical Arts Center, LA, Met, Washington National Opera, Cincinnati, Jacobs School, Jacobs, Lincoln Center Theater, Santa Fe Opera Locations: Bloomington , Indiana, America, Abra K, Indiana, New York, LA

Search resuls for: "Steve J"

25 mentions found