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☆ Sam Altman and Elon Musk are beefing, but the two share plenty in common
▼ + stars: | 2024-03-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Sam Altman's sprawling AI empire amid his beef with Elon Musk . AdvertisementBut first, the sun never sets on Sam Altman's AI empire. OpenAI CEO Sam Altman was thrust into the mainstream consciousness with the release of ChatGPT in 2022. Elon Musk and Sam Altman Michael M. Santiago/Getty, Nordin Catic/Getty, Tyler Le/BIThere is another tech billionaire whose vision exceeds a singular company. But unlike Musk, Altman has, somewhat incredibly, mostly skirted controversy (save for his ouster-then-return saga ).

Persons: —, There's, Sam Altman's, Elon Musk, Alastair Grant, Rebecca Zisser, Sam Altman, Altman, Darius Rafieyan, Sam Altman Michael M, Nordin Catic, Tyler Le, Elon, Musk, OpenAI, execs, Altman isn't, Robert Downey Jr, Tony Stark, Goldman Sachs, Jenny Chang, Rodriguez, Neema Raphael, Goldman's, Jerome Powell, Powell, Li Qiang's, Xi Jinping, Fernando Gutierrez, leapfrog, Ridley Scott's, Napoleon, BI's Peter Kafka, Elon Musk's, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Elon, Business, OpenAI, Microsoft, Goldman, Beijing, Nvidia, leapfrog Apple, Apple, Google, FTC, Facebook, Variety, Tesla, Costco, Kroger, Digital Locations: China, Delaware, New York, London

☆ Sweeping EU rules for tech giants take effect today. Here’s what’s changing
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.

Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, ”, Agustin Reyna, “, Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe

☆ Big Tech goes from 'teenager' to 'grown-up' under landmark EU law. Here's what you need to know
▼ + stars: | 2024-03-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Justin Tallis | AFP via Getty ImagesAn EU law that seeks to rein in large digital companies has officially kicked in, spelling big changes for primarily U.S. tech giants. CNBC runs through how the law impacts large U.S. tech companies — as well as consumers in the EU. The EU Digital Markets Act primarily impacts U.S. tech giants — the likes of Alphabet , Amazon , Apple , and Meta . The rules have already sparked big changes for tech giants in how they serve customers in the EU. It's likely more adjustments will come, as competitors to Big Tech firms aren't happy with the proposals put in place so far.

Persons: Justin Tallis, Bill Echikson, Echikson, ByteDance, Apple Organizations: Apple, Facebook, Microsoft, Getty, Digital Markets, European Commission, Center for, CNBC, Big Tech, EU Digital Markets, Meta, Google, Companies, EU, Spotify Locations: EU, U.S, iPhones

☆ Check out all the new emoji for your iPhone in iOS 17.4, from shaking heads to gender-neutral families
▼ + stars: | 2024-03-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Apple released its iOS 17.4 update for the iPhone on Tuesday. The update includes many new emoji, including a phoenix, shaking heads, and gender-neutral families. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementApple's latest iPhone update is here — and it comes with new emoji. Released Tuesday, iOS 17.4 brings in 118 new emoji, including shaking heads, a broken chain, gender-neutral families, and new directionality for some existing emoji.

Persons: — Organizations: Apple, Service

☆ Haley Expected to Drop Out, and Bitcoin Completes Comeback
▼ + stars: | 2024-03-06 | by ( New York Times Audio | Ian Stewart | ) www.nytimes.com time to read: 1 min

The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about five minutes.

Organizations: New York Times, Times

☆ ChatGPT just got a new voice feature that reads responses aloud to you
▼ + stars: | 2024-03-05 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

A new ChatGPT feature will read the chatbot's responses aloud to you. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChatGPT can now read its responses aloud to you. The feature is available in the iOS and Android apps as well as the web version of ChatGPT. In the app, tap and hold ChatGPT's response and you'll see an option to "Read Aloud."

Persons: OpenAI, — Organizations: Service, Business

☆ Trump’s on the Ballot for Super Tuesday, and France Puts Abortion in Its Constitution
▼ + stars: | 2024-03-05 | by ( New York Times Audio | Ian Stewart | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

☆ A Potential Answer on Trump’s Eligibility, and Harris Calls For a Gaza Cease-Fire
▼ + stars: | 2024-03-04 | by ( New York Times Audio | Ian Stewart | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

☆ Stocks making the biggest moves midday: Macy's, Super Micro Computer, Lyft, DoorDash and more
▼ + stars: | 2024-03-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Super Micro Computer , Deckers Outdoor — The technology firm and athletic footwear designer respectively popped 27% and nearly 3% after S & P Dow Jones Indices announced Friday that the two stocks would be added to the S & P 500 on March 18. Super Micro Computer and Deckers Outdoor will replace Zions Bancorpation and Whirlpool , which will move to the S & P MidCap 400 Index. Macy's — Shares skyrocketed 16% after Arkhouse Management said it and Brigade Capital Management have raised their offer for the department store . DoorDash — Shares jumped more than 5% after RBC upgraded the food delivery company to outperform from sector perform. Lyft — The ride-sharing platform added 6% after RBC upgraded the stock to an outperform rating from sector perform.

Persons: Dow, Zions, —, Lyft, Morgan Stanley, Li, Piper Sandler, Ford, CNBC's Michelle Fox, Alexander Harring, Hakyung Kim, Tanaya Macheel, Yun Li, Jesse Pound, Samantha Subin Organizations: Micro Computer, Dow Jones, Whirlpool, Arkhouse Management, Brigade Capital Management, Apple, European, Miners, Marathon Digital, Cipher Mining, Iris Energy, RBC, Kyverna Therapeutics, Wells, JPMorgan, Ferrari —, Citi, Li Auto, Dutch Bros, American Airlines —, Max Locations: Wells Fargo

☆ An exec behind YouTube's new CapCut competitor shares how she got her job and what's next for the editing app
▼ + stars: | 2024-03-04 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +4 min

It turned out her former student was the product director for a new app YouTube was building, and they were looking for a design lead. De la Paz landed the job in 2022. She helped launch in September the mobile-editing app called YouTube Create in a beta version for Android users. De la Paz said her team aims to speak directly to YouTube creators at least once a month for app feedback. AdvertisementThere's a higher expectation from these editing apps now, de la Paz said, because every creator has used an editing app on their phone in some capacity.

Persons: —, De la Paz, de la Paz, la Paz, De la Organizations: Service, Stanford University, Cielo de la, YouTube, LinkedIn, Android, Business, De la Paz Locations: Cielo de, TikTok, Australia, Brazil

☆ Apple hit with more than $1.95 billion EU antitrust fine over music streaming
▼ + stars: | 2024-03-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe European Commission, the European Union's executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the market for the distribution of music streaming apps. Apple also banned developers of music streaming apps from providing any instructions about how users could subscribe to these cheaper offers, the Commission alleged. Apple responseIn a fiery response to the fine, Apple said Spotify would stand to gain the most from the EU pronouncement. That's because instead of selling subscriptions in their iOS app, Spotify sell them via their own website stead. Apple fine just a 'parking ticket'The Commission said that Apple prevented developers of music streaming apps from informing their iOS users within their apps about prices of subscriptions or offers available elsewhere.

Persons: Apple, —, Margrethe Vestager, Vestager Organizations: European Commission, Apple, Commission, EU, U.S, Spotify, Apple Music Locations: Brussels, Stockholm, Sweden, Cupertino

☆ Apple has been hit with a fine of nearly $2 billion by the European Commission over music streaming restrictions
▼ + stars: | 2024-03-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

The European Commission fined Apple 1.8 billion euros for abusing its market dominance. Apple restricted app developers from informing users about alternative, cheaper music services. AdvertisementApple has been hit with a fine of 1.8 billion euros ($1.95 billion) by the European Commission, part of the European Union. The EU regulators said iOS users paid "significantly higher prices for music streaming subscriptions" as a result of Apple imposing the fees on developers, which lasted for nearly a decade. The streaming firm claimed Apple's App Store rules "purposely limit choice and stifle innovation" by imposing a 30% commission on app developers.

Persons: —, Apple, Apple didn't Organizations: European Commission, Apple, Spotify, Service, European Union, Digital Markets, Commission, Business Locations: EU, Paris

☆ A big fine in Europe adds to Apple's 2024 woes. What it will take to get back on track
▼ + stars: | 2024-03-04 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Apple shares tumbled on Monday after European regulators hit the tech giant with a big antitrust fine over music streaming. The European Commission dished out a $1.95 billion fine — claiming Apple violated competition laws in the music streaming market. Apple and Spotify have rival audio streaming services. "New AI services should compel users to upgrade iPhones, driving a Supercycle in 2025," the analysts said in a note to clients Monday. Melius also sees upside to Apple Services due to AI-infused software features.

Persons: —, Jim Cramer, Jim, Tim Cook, Apple, we're, Melius, Jim Cramer's, Scott Eells Organizations: Apple, European, European Union, Spotify, European Commission, Big Tech, Microsoft, Nvidia, Nvidia's, Huawei, India . Club, Apple Music, Research, Apple Services, CNBC, Nasdaq, Bloomberg, Getty Locations: Europe, American, China, India, New York

☆ Israel may have just torched its relationship with Russia, promising to supply Ukraine with 'early-warning systems'
▼ + stars: | 2024-03-02 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

A spokesperson for Israel's foreign ministry told Business Insider that the system was "not Iron Dome," Israel's most advanced air defense system. Using the system in Ukraine will likely mean that Israel will need to send specialist soldiers to help Ukrainians integrate it. AdvertisementPalestinian Hamas militants are seen during a military show in the Bani Suheila district on July 20, 2017 in Gaza City, Gaza. Meanwhile, Tehran has also been providing Russia with Iranian-made Shahed drones that ahve been used to bombard cities in Ukraine. "Israel will take a more aggressive stance against Russia" from now on, he believed, adding that if the Ukraine war is not over by the time Israel has dealt with its local problem.

Persons: —, Gilad Erdan, Erdan, Israel, Chris McGrath, Bashir al, Israel's, Amir Weitmann, Mikhail Bogdanov, Weitmann Organizations: Service, United Nations, Business, Israel Defense Forces, Getty, Likud Party, Islamic, Russia, Ukraine, RT Locations: Ukraine, Gaza, Israel, Russia, Ukraine's, Bani Suheila, Gaza City, Iran, Assad, Syria, Tehran, Iranian, Israel's, Moscow, Russia's

☆ AI-powered devices could drastically change how we interact with technology. But will they catch on?
▼ + stars: | 2024-03-01 | by ( Samantha Stokes | Vishal Persaud | ) www.businessinsider.com time to read: +5 min

"The key isn't hardware but the user experience it enables," Khosla, whose firm Khosla Ventures, is an investor in Rabbit, told Business Insider in an email. This story is available exclusively to Business Insider subscribers. At the same time, I don't think the average consumer wants to carry around multiple devices," S. Somasegar, a managing director at Madrona, told Business Insider. That's where we're at," he told Business Insider. Ginsberg said he's excited about the Humnane Pin because AI voice assistants have finally become powerful enough to be useful for average consumers.

Persons: Vinod Khosla, Khosla, Navin Chaddha, Ai, Somasegar, Bernstein, Nielsen, Zachary Ginsburg, Ginsberg, Marc Benioff, Sam Altman, Lachy Groom, Avi Schiffmann, it's, Chaddha Organizations: Khosla Ventures, Software, Business, Mayfield, Microsoft, Calm Ventures, Bond Ventures, Forerunner Ventures, Harvard Locations: Humane's

☆ AI startup Perplexity is in talks to raise more money at a significantly higher valuation just months after its last round
▼ + stars: | 2024-02-29 | by ( Rebecca Torrence | Melia Russell | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewOnly months after buzzy AI search-engine startup Perplexity AI raised its last round of funding, the company is yet again raising additional funds, as investors clamor to back tech's next big generative AI startup. This story is available exclusively to Business Insider subscribers. Perplexity is raising this additional money at a significantly higher valuation cap than its previous pricing of $520 million, according to two people with direct knowledge. A spokesperson told Business Insider that the details of the deal were incorrect but did not clarify when asked for further information.

Persons: —, clamor, Jeff Bezos, Perplexity, OpenAI's ChatGPT, Google's Bard, Aravind Srinivas, It's, Elad Gil, Nat Friedman, Fred Wilson, aren't Organizations: Service, Google, Business, Institutional Venture Partners, New Enterprise Associates, Bessemer Venture Partners, Nvidia Locations: OpenAI

☆ A Biden-Trump Border Showdown, and Mitch McConnell’s Exit
▼ + stars: | 2024-02-29 | by ( New York Times Audio | Ian Stewart | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

☆ Biden Takes a Hit in Michigan, and Wildfires Spread Across Texas
▼ + stars: | 2024-02-28 | by ( New York Times Audio | Ian Stewart | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

☆ Apple dumps electric car to go big into AI. UBS says this is what Tim Cook will unveil this year
▼ + stars: | 2024-02-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Apple is probably shutting down its electric car project in favor of some big bets on artificial intelligence, according to UBS. AAPL YTD mountain Apple shares this year The UBS report came after Bloomberg reported on Tuesday that the iPhone maker is reportedly axing its decade-long venture to build an electric vehicle. Among the potential upcoming AI announcements, Vogt is bracing for Apple CEO Tim Cook to debut a new processor in the iPhone 16 supporting AI, and a new AI or large language model feature on the iOS 18 operating system. UBS also anticipated updates to "Siri" and "Messages" that would enable new features, such as summaries of incoming texts. There are some financial downsides to Apple in halting its car venture, Vogt said.

Persons: David Vogt, Vogt, Tim Cook, Siri, — CNBC's Michael Bloom Organizations: Apple, UBS, company's, Bloomberg

☆ A Government Shutdown Looms Again, and a Gaza Cease-Fire Could Start Next Week
▼ + stars: | 2024-02-27 | by ( New York Times Audio | Ian Stewart | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

☆ You may lose access to your Netflix account if you’re paying through Apple
▼ + stars: | 2024-02-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Netflix wants its customers to stop paying for its streaming subscription through Apple’s App Store. Members billed through Apple may soon be prompted to change their payment plan, a new addition to Netflix’s help site reads. Netflix stopped accepting Apple payments for new and rejoining customers in 2018, but Netflix’s policy change means existing customers who had been grandfathered into paying through Apple will now have to make the switch. Previously, Apple had prohibited many iOS apps from skirting the 30% charge by accepting payments outside of Apple’s proprietary payment system. Apple’s in-app purchase fees have been the subject of ire from app developers for years.

Persons: Apple, Brian Fung Organizations: CNN, Netflix, Apple, Spotify, Epic Games Locations: United States, Canada

☆ The Case That Could Change Social Media, and an Evacuation Plan for Parts of Gaza
▼ + stars: | 2024-02-26 | by ( New York Times Audio | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

Learn moreThe Apple Watch Series 9 and Ultra 2 are Apple's flagship smartwatches. Check out our reviews of the Apple Watch Series 9 and Apple Watch Ultra 2 for more specific information. AdvertisementApple Watch Series 9 vs. Ultra 2: Smartwatch featuresThe Ultra 2 (shown) and Series 9 both have the new Double Tap Gesture. These consist of the best designer Apple Watch bands, the best leather Apple Watch bands, or the best metal Apple Watch bands. AdvertisementApple Watch Series 9 vs. Ultra 2: PriceThe Apple Watch Series 9 starts at $399 for the 41mm model and $429 for the 45mm model, while the Ultra 2 retails for $799 for the only sizing option available, the 49mm model.

Persons: Rick Stella, Apple Organizations: Business, Apple, Health, Smart, Control, Apple Pay, Apple Watch, GPS

☆ What’s Troubling Putin, and the Dark Side of Instagram
▼ + stars: | 2024-02-23 | by ( New York Times Audio | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

☆ Biden Ponders Asylum Plan, and the Secret World of China’s Hackers
▼ + stars: | 2024-02-22 | by ( New York Times Audio | ) www.nytimes.com time to read: 1 min

Organizations: New York Times, Times

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