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Steve Jobs had apparently had mixed feelings about Apple entering the TV market before his death. Apple cofounder Steve Jobs reportedly made it clear before he died that Apple wouldn't pursue its own television set, but the company may now be revisiting the idea over a decade later. Jobs reportedly told biographer Walter Isaacson that he'd "finally cracked" how to make TVs simpler to use. In 2014, writer and former Apple beat reporter Yukari Iwatani Kane wrote in her book, "Haunted Empire: Apple After Steve Jobs," that Jobs told top Apple employees in 2010 that the company wouldn't be making a TV set. Apple's services business, which includes Apple TV+ subscriptions, has boomed in recent quarters.
Persons: Steve Jobs, Apple hasn't, Jobs, Walter Isaacson, he'd, Isaacson, Apple, it's, Yukari Iwatani Kane, Ted Lasso Organizations: Apple, Bloomberg, Apple Intelligence
Under a 25% tariff on goods from China, the Wall Street investment bank sees an EPS loss for Apple of 9.2%. Those estimates make Apple the fifth most vulnerable tech company to potential tariffs on goods from China in Morgan Stanley's research coverage. Bank of America analyst Wamsi Mohan agrees, seeing any tariff impact as "manageable." He sees a 60% tariff on Chinese goods possibly resulting in about a 4% hit to Apple's EPS. By contrast, Dell – which he noted looks positioned to be "most vulnerable" to tariffs – could see an EPS impact of up to about 90%, according to his model.
Persons: Donald Trump's, Tim Cook's Apple, Morgan Stanley, Erik Woodring, Trump, Tesla, , Morgan, it's, Angelo Zino, Zino, Wamsi Mohan, Apple, Bernstein, Toni Sacconaghi, Sacconaghi, It's, BofA's Mohan, Mohan, Jason Snipe Organizations: Apple, Wall, CNBC, of, Bank of America, Dell, Odyssey Capital, Apple Intelligence Locations: China, U.S, India, Vietnam, Malaysia
Apple is exploring new headsets and smart-home devices to expand its lineup. Its plans don't always work out; it scrapped a car project and faces weak demand for the Vision Pro. The company in February scrapped plans for a car, and its $3,500 Vision Pro has gotten mixed reviews in the months since its release. Bloomberg on Tuesday reported on a wall-mounted smart-home tablet in Apple's production lineup that could operate home appliances, use Apple Intelligence, and access Apple apps. AdvertisementThe report said the project, code-named J490, could come as early as March, a month before new Apple Intelligence features are expected to roll out.
Persons: , Mark Gurman, Ming, Chi Kuo, Apple's, Gurman, Apple, EMARKETER, Kuo, Meta, William Kerwin, Tim Cook, who's Organizations: Apple, Vision, Service, Bloomberg, Apple Intelligence, Big Tech, Asset Management, Business Locations: Taiwan, Morningstar
Bluesky’s user base has doubled in the past 90 days — on Tuesday the company said it had gained 1 million new sign-ups in the past week alone, bringing it to more than 15 million total users. “X usage is at an all-time high and continues to surge,” X CEO Linda Yaccarino said in a post Wednesday. Bluesky also saw daily visits jump on Election Day and the day after to 1.2 million and 1.3 million, respectively, up from around 800,000 in the days before. On Bluesky, daily users more than doubled from-mid October to the post-election week. In the run-up to the election, Musk spread false and misleading claims about Trump’s competitor, Vice President Kamala Harris.
Persons: Bluesky rocketed, Elon, Musk, Donald Trump, Charlie Warzel, New York Times ’ Mara Gay, Don Lemon, X, White supremacists, Linda Yaccarino, , Similarweb, Bluesky, ” David Carr, we’ve, Ed Zitron, EZPR, Zitron, Mike Isaac, , Trump, MAGA, Kamala Harris, Vivek Ramaswamy, Vladimir Zelensky, Musk’s Starlink, That’s, – CNN’s Liam Reilly, Matt Egan Organizations: New, New York CNN, Apple, New York Times, CNN, Guardian, ” New York Times, Trump, Twitter, “ Department, Government Locations: New York, anecdotally, Bluesky, , Russia
(CNN) – Margaret Atwood’s “The Handmaid’s Tale,” a novel set in a totalitarian society, has shot to the top of Amazon’s bestselling books list following Donald Trump’s reelection. Former president Trump clinched a victory against Vice President Kamala Harris in Tuesday’s election, securing a second term, non-consecutive after he lost in 2020. “The Handmaid’s Tale” takes place in a theocratic, male-dominated future America where the US Constitution is suspended, media is censored and women (the titular “handmaids”) are forced to bear children for the ruling class. Many have harnessed comparisons to Atwood’s classic in the lead-up to the election, particularly around the topic of reproductive rights. Calm drew attention on social media after airing ads that gave viewers “30 seconds of silence” amid continuous election coverage.
Persons: – Margaret Atwood’s “, , Donald Trump’s, Trump, Kamala Harris, Harris, Roe, Wade, handmaids, Barack Obama, Valerie Jarrett, Joe Biden’s, Hillary Clinton, Atwood, X, It’s, Brett Kavanaugh’s, George Orwell’s “, Ray Bradbury’s, Melania Organizations: CNN, Barnes, Trump, US Supreme, MSNBC, Apple Locations: skyrocketing, Tuesday’s, America
Kalshi and Polymarket catapulted to the most downloaded free apps on the Apple App Store on Tuesday. Kalshi and Polymarket show Trump favored to win the Electoral College, with Harris expected to win the popular vote. AdvertisementKalshi and Polymarket zoomed to the top of the Apple App Store on Tuesday amid a surge in election betting in the waning days of the 2024 US presidential campaign. Kalshi's ascent in the Apple App Store rankings represented a key goal being reached for the company's CEO, Tarek Mansour. 1 for the entire App Store by Election Day, so the demand curve truly is exponential," Mansour told CNBC last month.
Persons: Kalshi, Trump, Harris, , Tarek Mansour, we're gunning, Mansour, Polymarket, Donald Trump, Kamala Harris Organizations: Apple, Electoral, Service, CNBC, Electoral College Locations: Polymarket
Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world. Garcia believes Character.AI is responsible for the death of her 14-year-old son, Sewell Setzer III, who died by suicide in February, according to a lawsuit she filed against the company last week. When Garcia first heard he was interacting with an AI chatbot, she said she thought it was something like a video game. However, within months of starting to use the platform, Setzer became “noticeably withdrawn, spent more and more time alone in his bedroom, and began suffering from low self-esteem. “There were no suicide pop-up boxes that said, ‘If you need help, please call the suicide crisis hotline.’ None of that,” she said.
Persons: Megan Garcia, Garcia, Character.AI, Sewell Setzer III, Setzer, , ” Garcia, ” –, Character.AI's chatbots, chatbot Setzer, she, ” “, , Gabby Jones, I’m, That’s, ” Setzer, Matthew Bergman, Bergman, Sewell, Noam Shazeer, Daniel De Freitas, weren’t Organizations: New, New York CNN, International Association for Suicide Prevention, Befrienders, CNN, Trust, Safety, Prevention, Junior Varsity, Bloomberg, Getty, Character.AI, Social Media, Law Center, Meta, Google, Apple Locations: New York, Florida, Brooklyn , New York
The big storyPresidential betsChris duMond; Chip Somodevilla/Getty Images; Jenny Chang-Rodriguez/BIWe're less than a week from election day, but one group can already claim victory: betting markets. Kalshi's legal victory in October over the CFTC to offer election betting paved the way for the trend. iStock; Rebecca Zisser/BIThe betting market's biggest tests might come after the election. Betting markets have Trump as a heavy favorite, whereas traditional polls indicate a tight race. AdvertisementShould Trump win in a landslide, it could strengthen the case for using betting markets as a key tool for election analysis.
Persons: , Chris duMond, Chip Somodevilla, Jenny Chang, Rodriguez, Matthew Fox, Donald Trump, Polymarket, iStock, Rebecca Zisser, Nate Silver, Tesla, Zuckerberg, Citadel's, Justin Lubell, Lubell, Steve Schwarzman, Ken Griffin, Trump, Tyler Le, Harris, Sundar Pichai, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Apple, CFTC, Trump, TikTok, Meta Connect, Meta, Bank of America, Blackstone, Republican, Amazon, AWS, Five Apple Intelligence, Google, The Washington Post, Street, Microsoft, Starbucks Locations: French, New York, London
Betting markets are booming ahead of the US Presidential election. Kalshi has attracted $100M in election bets this month and is the top free finance app in Apple's app store. Robinhood is getting in on the action, announcing its own election betting platform on Monday. Earlier this month, a US federal appeals court cleared Kalshi to open its election betting platform for US citizens. Interactive Brokers also launched a slew of election betting contracts earlier this month following the court decision to allow Kalshi to operate.
Persons: Kalshi, , we're gunning, Tarek Mansour, it's, Donald Trump, Mansour, TikTok Organizations: Service, Apple, PayPal, CNBC, Interactive, Kalshi
As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying on one of its strongest advantages: Its army of 34 million app developers. IPhone users will get their first taste of Apple Intelligence, the company’s artificial intelligence system, later this month. The company is relying on Apple Intelligence to be the strongest selling point for the iPhone 16, its latest generation of smartphones. That’s something other company’s AI chatbots cannot currently do, and to accomplish this, Apple is beckoning its army of third-party developers to fine tune their apps to collaborate with Apple Intelligence. Another drawback is that Apple Intelligence features will only be available on the latest iPhones, a small subset of the total iPhone user base.
Persons: Google’s, Siri, Apple, “ Siri, , Apple’s Kelsey Peterson, Siri conversationally, Jordan Morgan, Apple’s, Morgan, Michael Tigas, ” Tigas, Siri aren’t, Hey Siri, James, they’ve, Igor Zhadanov Organizations: Apple, Apple Intelligence, Superhuman, CNBC Locations: Siri, Readdle
Krista doesn't track her mom daily, but having her mom's location helps her ensure her mom is safe. I track my mom's location because I want to know she's safe. I don't check my mom's location all the timeI'm an only child, so it's just me and my mom who use the "Find My" app to track each other's location. I'm sure my mom tracks my location pretty often — although I can live without knowing exactly how frequently she does. There was one time when I hadn't heard from my mom all day during her more active cancer treatments.
Persons: Krista Hall, Ann Schwartz, Krista doesn't, , We're, We've, she's, he'd, hadn't Organizations: Service
Business Insider's personal finance team compared Municipal Credit Union personal loans to the best personal loans and found it to be a standard offering. Municipal Credit Union Personal Loan OverviewMunicipal Credit Union Personal Loan Check rates Compare loan options and get your rates today. MCU Personal Loan AlternativesMCU Personal Loans vs. First Tech Personal LoansWhile Municipal Credit Union limits membership to those in the New York area, First Tech Personal Loan Federal Credit Union doesn't have such geographical restrictions. First Tech Credit Union Personal Loan ReviewNavy Federal Personal LoansYou can get the smallest loan amount with Navy Federal Credit Union Personal Loan, as the credit union offers loans as small as $250, whereas MCU only permits loans as low as $1,000. See our ratings methodology for personal loans »Ryan Wangman, CEPF Loans Reporter Ryan Wangman was a reporter at Personal Finance Insider reporting on personal loans, student loans, student loan refinancing, debt consolidation, auto loans, RV loans, and boat loans.
Persons: that's, MCU, Ryan Wangman, Read, Elias Shaya, Elias, Kerri Anne Renzulli Organizations: Municipal Credit Union, Municipal Credit, Municipal, New, Big Apple, Social Security, Loan Federal Credit Union, Financial, Amazon, Intel, Microsoft, First Tech, Tech, Loan, Navy Federal Credit, Navy Federal, Department of Defense, Better Business Bureau, BBB, Apple, Google, Chevron, Credit Union, Finance, Northwestern University, Boston Globe Locations: New York City, New York, MCU, Oregon
The process of building credit is often described as a catch-22, because you already need credit to get approved for credit products like a credit card. Fizz Credit Builder Debit Card OverviewFizz is a credit-building debit card that launched in January 2023. User Reviews and RatingsCustomer reviews of Fizz Credit Builder Debit Card are mostly positive. The Fizz Credit Builder Debit Card debit card operates on the Mastercard's network. How to Get a Fizz CardTo get the Fizz Credit Builder Debit Card , you need to download the Fizz app from the Apple app store or the Google Play store.
Persons: Read, , Fizz's Organizations: Patriot Bank, Google, Apple, Mastercard, Social Locations: Chevron
In this article BABA Follow your favorite stocks CREATE FREE ACCOUNTThe logo of Alibaba's e-commerce app Taobao is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. Reuters | Florence LoSingapore — Chinese e-commerce giant Alibaba 's Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to translations powered by artificial intelligence. That's according to Sensor Tower, a market intelligence firm whose data shows Taobao shot to first place in Apple's Singapore App Store across all categories, as of Sept. 11. As early as last year, Singaporean Taobao users had previously made guides on how to purchase clothes, furniture and lifestyle items from Taobao. These video guides were posted on the ByteDance-owned TikTok platform, another Chinese app.
Persons: Florence Lo, Alibaba, Bain, David Zehner Organizations: Reuters, Company, Asia, South Korean, Bain, CNBC Locations: Florence, Florence Lo Singapore, Singapore, Apple's Singapore, China, AliExpress, Malaysia, Asia Pacific, Singapore's
Apple appears to have quietly discontinued FineWoven iPhone cases. They came out just a year ago with the iPhone 15 launch but were criticized for quality issues. AdvertisementApple seems to have thrown in the towel on its heavily-criticized FineWoven iPhone cases. Introduced last year with the iPhone 15 launch, the FineWoven cases were Apple's eco-friendlier alternative to leather cases. However, Apple seems to have stopped selling FineWoven cases for the iPhone 15 and hasn't introduced them for the new iPhone 16 announced Monday.
Persons: Apple, , hasn't, doesn't Organizations: Service, Apple, Business
People walk past an Apple store in the Americana at Brand shopping center on December 26, 2023 in Glendale, California. Apple Intelligence — the collective brandname for all of Apple’s own AI tools — is intended to be more of a personal assistant than anything else. What about your data: Since Apple Intelligence and ChatGPT will be used for largely different purposes, the amount and type of information users send to each AI may be different, too. While Apple users will have to send their personal information and AI queries to OpenAI if they want to use ChatGPT, Apple has said that most of the time Apple Intelligence won’t be sending user data anywhere. As much as possible, Apple will try to process AI prompts directly on your device using smaller AI models.
Persons: Mario Tama, you’ve, ChatGPT, Siri, Apple Organizations: Apple, Brand, Apple Intelligence Locations: Glendale , California
Google unnerved Silicon Valley last week when it agreed to pay $2.5 billion to license Character.AI's technology, hire its two superstar cofounders and 20 percent of employees. The deal came after AI developers Adept and Inflection both effectively sold themselves to Amazon and Microsoft, respectively, in recent months. It was only last year Character.AI raised $150 million in venture funding, which valued the company at $850 million. Its appeal as a chatbot that uses AI to make virtual characters that interact with users seems decidedly niche. Related storiesMost of the founders and investors Business Insider spoke to for this story say Google has little interest in Character.AI's actual product.
Persons: cofounders, Brent Queener, Kyle Sanford, Character.AI, Iris Sun, Noam Shazeer, Daniel De Freitas, Jack Selby, Peter Thiel's, Steve Brotman, Shazeer, De Freitas, PitchBook's Sanford, they're, Roy Bahat, Arvind Jain, Cameron Lester, Lester Organizations: Service, Microsoft, Bonfire Ventures, Business, Apple, Big Tech, AZ, Biden Administration, Federal Trade Commission, Department of Justice, Alpha Partners, FTC, DOJ, New York Times, Google, Madrona Venture, Bloomberg Beta, Jefferies
Apple appears to have just shunned Nvidia again
  + stars: | 2024-07-30 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +1 min
It appears that Apple opted for Google's TPU chips over Nvidia's for its AI development. An Apple research paper highlights the use of TPUv5p chips from Google for iPhone AI. AdvertisementIt looks like Apple has confirmed it's using Google's chips for Apple Intelligence — not Nvidia's. There was no mention of Nvidia in an Apple research paper published on Monday that discussed foundation language models developed to power Apple Intelligence features. In fact, the tech giant wrote that it used TPUv4 and TPUv5p chips, Google's tensing processing units, to train its artificial intelligence tools.
Persons: Apple, Organizations: Apple, Google, Nvidia, Service, Apple Intelligence, Business
The topic of Temu and Shein's growth will hover over tech earnings this week, as Amazon reports second-quarter results alongside Meta, eBay and Etsy. watch nowIn Amazon's report on Thursday, the company is expected to show revenue growth of about 11% to $148.6 billion, according to LSEG. That's where Temu and Shein come into play, as merchants now have new ways to get products to American consumers. Amazon has continued to highlight its delivery prowess and its focus on speed in the face of growing competition from Temu and Shein. However, while it's long touted itself as the "lowest-priced U.S. retailer," Amazon has shown that it's well aware of Temu and Shein's increasing popularity.
Persons: Stefani Reynolds, David Zapolsky, Zapolsky, it's, Shein, Andy Jassy, Jassy, It's, Angus Mordant, Temu, Meta, Susan Li, Jamie Iannone, Etsy, Amazon, Amazon's Zapolsky Organizations: Apple, CNBC, Afp, Getty, eBay, Meta, Etsy, Tech, YouTube, Microsoft, Intel, Qualcomm, Google, PDD Holdings, Amazon, European Union, Bloomberg, Barclays, Finance, EBay, Bank of America, Walmart Locations: U.S, China, Temu, New York, Asia, Pacific, San Francisco, Singapore
Read previewMark Zuckerberg sounds tired of having to navigate Apple's restrictions. "One of my formative experiences has been building our services constrained by what Apple will let us build on their platforms," Zuckerberg wrote. Zuckerberg expanded on his critique of Apple in an interview with AI news YouTuber Rowan Cheung, also published Tuesday. "Compared to the Apple approach of coupling your operating system with the device, the Windows approach was a more open ecosystem," he said. AdvertisementAnd Zuckerberg hopes Meta will also be on the winning side.
Persons: , Zuckerberg, OpenAI, Rowan Cheung, doesn't, David Wehner, Zuck, Meta, I've Organizations: Service, Apple, Business, Meta, Apple Intelligence
Credit Karma Savings Account FeaturesCurrent Credit Karma Savings Rate and How It ComparesThe Credit Karma Savings interest rate is significantly higher than the average savings account interest rate of 0.45% APY. How Credit Karma Savings WorksOpening a Credit Karma Savings AccountCredit Karma works as an online-only platform, so you'll need to open a savings account using its website or app. For customer support, Credit Karma offers both a phone line and a live chat for Credit Karma Money account holders. Credit Karma Savings Account FAQsIs Credit Karma savings a good idea? Yes, Credit Karma offers the Credit Karma Money Save Account, which is a high-yield savings account paying 5.10% APY.
Persons: It's, Karma, You'll, haven't, Ally, Synchrony Organizations: Credit, Karma, Social, Karma Savings, Credit Karma, Google, Apple, Better, MVB Bank, Intuit, Better Business, BBB, Federal Trade Commission, FTC, Ally Bank, Synchrony, Business Locations: Chevron
The social media app is the brainchild of 27-year-old serial founder and investor Tiffany "TZ" Zhong, whose tech career took off in her late-teens. Instead of stressing over carefully curated posts, the app encourages users to share their stream-of-consciousness thoughts directly to the feed. According to its App Store description, it aims to harken back to the social media era before "algos and ads" took over. She particularly follows the behavior of Noplace's "power users," some of whom even spend between eight and 10 hours on the app, Zhong said. And at a time when social media platforms are prioritizing entertainment over social interactions, Noplace feels timely.
Persons: , Tiffany, Zhong, you've, It's, Noplace, Nospace, , Alexis Ohanian, it's, There's Organizations: Service, Twitter, Apple, Business, Noplace's, Big Locations: Noplace, Reddit
Apple's iPhone shipments in China surged 40% in May, according to Bloomberg calculations. Shipments soared more than 50% in April, suggesting Apple is regaining ground in the key market. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementApple appears to be reigniting iPhone demand in China, but its profit margins could pay the price. iPhone shipments in China soared about 40% in May, dwarfing a 13% rise in overall smartphone shipments.
Persons: , dwarfing Organizations: Bloomberg, Apple, Service, China Academy of Information, Communications Technology, Business Locations: China
AdvertisementMobile Passport ControlInternational travelers use Mobile Passport Control to get through customs. While it's a more useful perk than Mobile Passport Control, not every international traveler wants to pay $100 and go to the airport for an interview. Global Entry and Mobile Passport Control lanes. How to use the appOnce your flight lands in the US, open the Mobile Passport Control app. The Mobile Passport Control app presented on an iPhone.
Persons: , Sean Cudahy, Guy, Joe Raedle, John F, Kennedy, Cudahy, It's, I've, Chris Hondros, Getty Images Cudahy, you'll, Joey Hadden Organizations: Service, US Customs, Border Protection, CBP, Business, Control, Getty, Mobile, Google, Apple, Dallas Fort, Residents, Visa, Global, TSA, Getty Images Locations: Dallas Fort Worth
Apple's new iOS 18 will make iPhone 14s and later models less reliant on WiFi and cell connectivity. The company is expanding an emergency satellite-messaging feature introduced with the iPhone 14. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSeveral of Apple's iOS 18 software features will make the iPhone 14 and later models less reliant on WiFi and cellular connectivity — and could even make the company less reliant on iPhone sales. The company is expanding an emergency-messaging feature, introduced with the iPhone 14, that enables devices to contact first responders via satellite.
Persons: Organizations: Apple, Service, Business
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