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AdvertisementPalmer Luckey said his firing from Facebook changed his approach to business relationships. He went on to found Anduril Industries, a $14 billion defense startup. Oculus founder Palmer Luckey said his frosty departure from Facebook years ago changed the way he approaches business deals. Luckey went on to become the founder and face of Anduril Industries, a tech defense startup reportedly worth $14 billion, but he told Fortune that the dramatic firing changed how he approaches business. Now, as his defense company supplies weapons for the Russia-Ukraine war, he said he's working on his reputation in the business world.
Persons: Palmer Luckey, Luckey, Donald Trump, he'd, Fortune, Gabrielle Wesley, America It's, Forbes, Trump, John Carmack Organizations: Facebook, Industries, Anduril Industries, Mars, America Locations: Mars Wrigley, Russia, Ukraine
AdvertisementSnap's new Spectacles offer AR features like piano lessons and video calls. While the Vision Pro is a heavier corded headset, Meta's smart glasses are more like sunglasses with a camera and an AI assistant. AdvertisementSome features were clunky but impressiveOne of the Spectacles Lenses offered virtual piano lessons. AdvertisementGoogle tried and failed to break open the smart glasses market in the past, but that hasn't stopped CEO Mark Zuckerberg from showing off another pair of smart specs, Orion, at Meta Connect in September. AdvertisementI was impressed by the Spectacles demo, but I'm still waiting for a feature that makes them feel like a must-have.
Persons: Meta's Ray, Jordan Hart, They're, Evan Spiegel, I've, It's, hasn't, Mark Zuckerberg, haven't, Peter Kafka, Orion, they're, I'm Organizations: Apple's Vision, Apple Vision, Google, Meta Connect
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
AdvertisementBluesky has seen a surge in users after the US election and as X introduces new terms of service. Bluesky is having quite the week as millions of people flock to sign up in the wake of the US election and new terms of service coming to X. Bluesky had 17 million users as of Friday, according to a live stat-tracker by a Bluesky developer. As departure announcements and Bluesky links popped up in my X feed on Wednesday, I became curious to see how the app attracted so many new accounts. Jordan Hart/BIBluesky's posts, known as "skeets," work similarly to posts on X (previously known as "tweets").
Persons: Bluesky, Jack Dorsey, Elon Musk, Donald Trump, X, they'd, Mark Zuckerberg, Jordan Hart Organizations: Twitter Locations: Bluesky
Elon Musk's Trump bump keeps growing
  + stars: | 2024-11-15 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +1 min
AdvertisementElon Musk's businesses are thriving from his relationship with Trump, boosting his net worth. Musk's AI startup xAI is raising $5 billion, while SpaceX plans a share tender offer, the FT reported. Elon Musk's businesses are booming and that appears to be at least in part the result of his deepening relationship to the now president-elect, Donald Trump. Musk's AI startup xAI is now raising $5 billion in funding, the Financial Times reported. Trump's granddaughter, Kai Trump, said Musk was "achieving uncle status" in an X post on Sunday.
Persons: Trump, Donald Trump, xAI, Musk, Kamala Harris, Vivek Ramaswamy, Ramaswamy, Kai Trump Organizations: Elon, SpaceX, Financial Times, Trump, of Government Locations: Tesla
Many people have said they're leaving Elon Musk's X in favor of Bluesky. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWith the change, X users must agree to handle all lawsuits against the site in a federal court district in northern Texas — outside the district where X is headquartered. Still, Bluesky's 16 million users are dwarfed by the 250 million people that X said in March used its site daily. Threads, a similar short-form social media app owned by Meta, now has nearly 275 million monthly users, CEO Mark Zuckerberg said in October.
Persons: they're, , Don Lemon, Elon Musk's, Elon Musk, Bluesky, Jaz, Paul Frazee, Samuel Newman, Frazee, Bluesky didn't, Musk, Donald Trump, They've, X, Mark Zuckerberg Organizations: Elon Musk's, Service, Elon, Business, Twitter, Washington Post, Meta Locations: Texas
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
Apple Music has released a $450 coffee table book of its top 100 albums list. AdvertisementApple has turned its top 100 albums list into a coffee table book, and it's selling a limited batch for $450 each. When Apple Music released its ranking of the best albums of all time in May, it sparked debate among music fans. According to the site, the estimated shipping date for the new Apple Music book is January. This department includes subscription-based services like Apple Music, and its sales have boomed in recent quarters.
Persons: Apple, Assouline, , Zane Lowe, Lowe, Roger Federer, Barbie, Jony Organizations: Apple, Service, Apple Music, Assouline, Business, eBay, Apple's Services Locations: New York, California
Mattel apologized for including an X-rated site link on "Wicked" doll packaging. AdvertisementToy maker Mattel has apologized for a printing error on the packaging of a line of "Wicked" dolls that listed an X-rated adult site. Related storiesWalmart confirmed it had paused the sale of the dolls as Mattel works to correct the misprint. A completed eBay listing for a Mattel "Wicked" doll with a URL misprint on the packaging. EbayAlthough the "Wicked" dolls are still visible on the Mattel website, the purchase links didn't yield available results on Monday morning.
Persons: Mattel, , Stanley, Mattel's Organizations: Service, Mattel Locations: Target, U.S
Nike recently signed a 12-year deal with the NBA, WNBA, and NBA G League. AdvertisementNike is deepening its partnerships with the NBA and WNBA as basketball explodes in popularity in 2024. That's good news for the company as it tries to get back to its sports roots and reinvigorate sales — and as women's basketball becomes increasingly popular. The sportswear giant announced in October that it signed a 12-year agreement with the NBA, WNBA, and NBA G League to be the exclusive uniform and apparel provider for each league. While Nike started as a running brand, its business has historically been linked with basketball after a 1984 collaboration with Michael Jordan.
Persons: Rachel Wolff, , John Donahoe, Elliott Hill, Michael Jordan, Jordan Brand, Hill, Sue Bird, Kevin Durant, Jayson Tatum, Nike execs, Adam Silver, Nike It's, Goldman Sachs, Nike's, Caitlin Clark, Simeon Siegel, Siegel, Nike, execs, EMARKETER's Wolff, Wolff Organizations: Nike, NBA, WNBA, NBA G League, Service, Paris Olympics, NCAA, Nielsen, ESPN, G League, Adidas, Bloomberg, Business, Street, BMO Capital Markets, BI, BMO Locations: California, Portland , Oregon, Toronto, EMARKETER
Apple began supporting RCS messaging on iPhones in 2024, enhancing cross-platform communication. AdvertisementiPhone and Android owners can text more seamlessly now thanks to a change that was rolled out in the last couple of months. When RCS messages are enabled, an RCS indicator will appear in text threads. Jordan Hart/BIApple first revealed plans to bring RCS messaging support to iPhones in 2024 — a change that Google had been pushing the iPhone giant to make for years. AdvertisementWith RCS support, texts between iPhones and Androids now have read receipts, typing bubbles, and improved reactions.
Persons: Apple, , Justine, Jordan Hart Organizations: Service, Apple, Justice Department, Rich Communication Services, Google
Apple will face hefty costs if Donald Trump sticks to his blanket tariffs pledge. CEO Tim Cook joined the chorus of tech leaders congratulating Trump on winning the 2024 presidential election with an X post on Wednesday. Related storiesIf China decides to retaliate against the Trump administration's proposed tariffs, it could also hurt Apple in the region. The tech company is currently facing a US antitrust lawsuit that accuses it of maintaining an illegal monopoly on smartphones. AdvertisementSince Trump has yet to take office, Chatterjee said the world will have to "wait and see" what policies become official.
Persons: Donald Trump, Trump, Jacob Channel, , Apple, Tim Cook, it's, Jacob, Dipanjan Chatterjee, Chatterjee Organizations: Apple, Service, Jacob Channel, Business, Trump, BI, Big Tech, Google Locations: China, India, Asia, Greater China
Apple is doing research into the smart glasses market, Bloomberg reported. The report comes amid weak Vision Pro demand and flashy smart glasses demos from competitors. AdvertisementApple is possibly considering entering the smart glasses market even as it reportedly scales back Vision Pro production. The AI-enabled smart glasses have cameras, speakers, and a microphone, and they can be worn and used on the go. If Apple's goal is to rival Meta's unreleased Orion glasses, it has time to work on its product.
Persons: Meta's Orion, , Meta, Meta's Ray, Mark Zuckerberg, Oprah, Apple didn't, William Kerwin Organizations: Apple, Bloomberg, Service, Tech, Business, Morningstar
The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features. AdvertisementApple's latest annual report offers insight into what the tech giant views as potential risks to its business. This year, new mentions included the risks associated with the financial performance of future profits, "geopolitical tensions," and safety risks associated with AI features. The tech giant is now betting that Apple Intelligence features will drive upgrades. Apple has been slower to integrate generative AI features into its products than rivals, but the first of its Apple Intelligence features rolled out on October 28.
Persons: , Apple, William Kerwin, shouldn't, Dipanjan Chatterjee, Chatterjee, ChatGPT, Ray Organizations: Apple, Service, SEC, Apple Intelligence, BI, Tech
Apple offers live Election Day results on your iPhone home and lockscreen through its News app. You don't need an Apple News+ subscription to access live election updates on iPhones. Related VideoApple might prompt you to allow live election updates "starting Tuesday night" as soon as you open up the app. There, you should find another clickable prompt under the "Top Stories" banner that will enable real-time election results. You will receive confirmation once election updates are successfully enabled.
Persons: , Jordan Hart, you've, there's, Kamala Harris, Donald Trump Organizations: Apple, Service Locations: States, Arizona , Michigan, Georgia
Apple is expected to expand Apple Intelligence with an iOS 18.2 update on December 2. Apple said it plans to build out Apple Intelligence over the next several months, with drops in December and April. Related Video How AI will change the iPhone and other Apple productsWith visual intelligence, Apple said iPhone 16 owners can use their new Camera Control button to get information on objects or places — or translate languages with AI. While its rivals have been quick to announce and launch their AI offerings, Apple is taking a slower approach. Apple Intelligence was announced at the Worldwide Developer Conference in June.
Persons: , Apple, Siri Organizations: Apple, Apple Intelligence, Service, Bloomberg, Microsoft, Meta, Worldwide, Conference
Greater China is a key market for Apple, with new AI features expected to roll out in April. It also rolled out its highly-anticipated Apple Intelligence software in the US in English on Monday. While consumers may be buying the newest iPhones in Greater China, they'll have to wait until April for Apple Intelligence to launch in Chinese, however. However, competition is stiff, and Apple Intelligence still needs time to prove itself. It'll take months to know for certain if AI can move the needle for Apple in Greater China.
Persons: Apple, , Tim Cook, Jacob Bourne, It'll Organizations: Apple, Baidu, Service, Apple Intelligence, Huawei, Xiaomi, Business, Wedbush Securities Locations: Greater China, China, EMARKETER
OpenAI will enhance ChatGPT with a new search feature for real-time web answers. ChatGPT's search tool challenges Google's search dominance. OpenAI is taking on the tech giant by offering a search tool that can process conversational questions and keep track of context. OpenAI CEO Sam Altman said in an X post that using ChatGPT search has "probably doubled my usage over the past few weeks." Instead of pulling up the nearest restaurants, OpenAI said ChatGPT can make recommendations with its search feature and answer follow-up questions.
Persons: Sam Altman, , OpenAI, would've, — Sam Altman, Altman, ChatGPT Organizations: Service, Google Locations: chatgpt
I tried out Apple Intelligence on an iPhone 16 Pro Max over the first few days of its rollout. The iOS 18.1 update introduced AI tools like writing aids and photo editing on newer iPhones. AdvertisementI've been testing out Apple Intelligence for 48 hours, and it's already changing the way I use an iPhone. For transparency, I own an iPhone 14 Pro Max — an older model that can't support Apple's newly rolled-out AI features. AdvertisementThe tools aren't perfect, and Apple has said that outcomes can vary when it comes to Apple Intelligence.
Persons: Max, , Max —, I've, Jordan Hart, Apple Organizations: Apple Intelligence, Service, Max, Apple, Worldwide, Conference
Paul Graham urged moderate voters to vote for Kamala Harris, citing character over policy. Graham, a Y Combinator cofounder, contrasted Harris with former president Donald Trump. AdvertisementVeteran investor Paul Graham wrote an open letter saying undecided moderate voters should cast their ballot for Kamala Harris. On Tuesday, the Y Combinator cofounder and self-proclaimed moderate posted a statement on X where he laid out his reasons. Graham cofounded famed startup accelerator Y Combinator in 2005, which has been an incubator for companies like Dropbox, Airbnb, and Reddit.
Persons: Paul Graham, Kamala Harris, Graham, Harris, Donald Trump, Elon Musk, Mark Zuckerberg, , Jeff Bezos, Bezos hasn't, Trump . Graham, Melinda French Gates, Mark Cuban, pic.twitter.com, ebBMbs1c7r — Paul Graham, Trump, Harris didn't Organizations: Leaders, Elon, Service, Washington, Amazon, Tesla, Trump ., Democratic, Business
Apple released AI features for the iPhone 15 Pro and later models with Monday's iOS 18.1 update. AdvertisementThe first Apple Intelligence features are out now. Jordan Hart/BIThe "writing tools" feature has been one of the more visible Apple Intelligence features since it was first announced in June. Jordan Hart/BIWith Apple Intelligence enabled on the Messages app, iPhone owners can get texts summarized in the notification center. Apple, in a disclaimer on its website, said Apple Intelligence "outputs may vary."
Persons: , that's, Max, Jordan Hart, Hey, Desmond Organizations: Apple, Apple Intelligence, Service, Worldwide, Conference, Bloomberg, Kansas City Chiefs, Chiefs, Raiders
Apple has a slate of announcements expected this week on top of earnings. Its long-awaited Apple Intelligence is expected to launch with software updates. Apple marketing head Greg Joswiak told his X followers on Thursday to "Mac" their calendars for a week of announcements from the tech giant. Apple Intelligence was a major talking point during the third-quarter earnings call. "With Apple Intelligence, we're very excited about the level of value we're going to provide to users," Cook said on theAugust callt.
Persons: Greg Joswiak, , ince, ro, Organizations: Apple, Apple Intelligence, Service
Apple rolled out long-awaited AI features to some iPhone and other users with its iOS 18.1 update. The new software is officially available on iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, months after the tech giant first announced Apple Intelligence at the Worldwide Developers Conference. These are the Apple Intelligence features out nowApple Intelligence was revealed at Apple WWDC 2024. AdvertisementWith iOS 18.1, Apple said Siri can field typed requests, answer "thousands of questions" about Apple products, and understand context better. AppleTo ensure they get the features, iPhone owners must join a waitlist to request activation of Apple Intelligence.
Persons: Dan Ives, , Siri, Apple, There's, Tim Cook Organizations: Apple, Apple Intelligence, Service, Sequoia, Worldwide, Wedbush Securities Locations: Australia, Canada, New Zealand, South Africa
AdvertisementFrom former first lady Michelle Obama to supermodel Bella Hadid, celebrities are piling into the soda business. Poppi and Olipop, two of the most popular prebiotic soda brands, have exploded in popularity since 2020. Just as social media helped celebrity makeup lines sell, Falorni said their drink brands have the same potential. When it comes to celebrity beauty and wellness brands, Contois said people usually hope there's a "magical elixir" that will elevate their own life. Famous booze-free beverage founders could also follow the well-trodden path of celebs creating alcoholic drink brands and then selling them for a lot of cash.
Persons: , Michelle Obama, Bella Hadid, Emily Contois, Contois, Poppi, influencers, Filippo Falorni, Falorni, Blake Lively, Betty Buzz, Katy Perry, Obama, Citi's Falorni, George Clooney's, Ryan Reynolds Organizations: Service, Pepsi, Citi, Tulsa University, YouTube, Obama, Cola, PepsiCo, Diageo
Melinda French Gates is dipping her toes into politics. Here's how she moved on from her past marriage with Bill Gates to head a philanthropic organization seeking to increase women's power.
Persons: Melinda French Gates, Bill Gates
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