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☆ Apple didn't mention the metaverse once
▼ + stars: | 2023-06-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Apple's mixed-reality headset is finally here, but it isn't talking about the metaverse. Apple may see the term metaverse, pushed by Mark Zuckerberg, as confusing and alienating. Apple mixed-reality headset, called Vision Pro, is finally here but for anyone watching the grand unveiling in Cupertino something was conspicuously missing: The metaverse didn't get a single mention. At no point did the Apple CEO use the term metaverse. "In the same way Mac introduced us to personal computing, and iPhone introduced us to mobile computing, Apple Vision Pro will introduce us to spatial computing," he said.

Persons: Apple's, Tim Cook, Mark Zuckerberg, Mac, Zuckerberg's, Neal Stephenson, Satya Nadella, Gene Munster, That's chunky — Organizations: Morning, Vision, Apple Vision, Apple, Facebook, Meta, Labs, Zuckerberg, Microsoft, Google, Apple Watch, Deepwater Asset Management Locations: Cupertino

☆ Elon Musk is set to host anti-vax presidential hopeful Robert F. Kennedy Jr. on Twitter — weeks after Ron DeSantis' campaign launch flopped on the platform
▼ + stars: | 2023-06-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Elon Musk is ready for another conversation with a presidential hopeful. On Monday the billionaire will host anti-vaxxer Robert F. Kennedy Jr. on a Twitter Spaces call. It comes just weeks after Republican candidate Ron DeSantis suffered an embarrassing campaign launch on Twitter. Elon Musk will host outspoken anti-vaxxer Robert F. Kennedy Jr in a virtual call on Twitter as he prepares to take-on President Joe Biden for the Democratic nomination for the 2024 election — weeks after Ron DeSantis' catastrophic campaign launch on the platform. The billionaire Twitter owner will talk to Kennedy — nephew of late president John F. Kennedy — on Monday in a Twitter Spaces event titled "Reclaiming Democracy," marking his second conversation with a presidential candidate on the platform.

Persons: Elon Musk, Robert F, Kennedy Jr, Ron DeSantis, Joe Biden, Kennedy —, John F, Anthony Fauci, Adolf Hitler, Kennedy, Jack Dorsey, Donald Trump, DeSantis, David Saacks Organizations: Republican, Twitter, Democratic, Fox, Florida Gov, Musk

☆ 10 Things in Tech: Apple's big metaverse push
▼ + stars: | 2023-06-05 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

This week, Apple is preparing to do what no tech firm has managed yet: make the metaverse cool. Apple is ready to enter its metaverse era, but the rest of the world might not be. Some people think it's unwise to ramp up efforts to push into the metaverse — especially at a time when the metaverse is said to be headed to the industry's graveyard of failed ideas. However, it's also unwise to bet against Apple — a company whose epic feats in tech have earned its leaders cult-like status. It's quick, stylish, and high-tech, Insider's Tim Levin writes, but it falls short in range and cargo space.

Persons: Hallam Bullock, Tim Cook, Stephen Lam, Insider's Hasan Chowdhury, Apple, it's, Patrick O'Neill, Elizabeth Holmes, Lisa Lake, Theranos, Holmes, Read, Elon, Spriha Srivastava, Gray, Kia, Tim Levin, Kia's, Jack Sommers Organizations: Apple, Developers, Bloomberg, Apple —, Starco Brands, Forbes, Getty, Nvidia, Google, Challenger, Wireless, Amazon Prime Locations: London, Theranos, China, Shanghai

☆ 16 years ago, people spent days in lines around the block to buy iPhones. Apple is announcing a new gadget today and no one seems to care.
▼ + stars: | 2023-06-05 | by ( Nicholas Carlson | ) www.businessinsider.com time to read: +3 min

Today, Apple is launching itself into a whole new area of gadgets. No one seems to care, with Apple reportedly projecting low sales the first year. Just about 16 years ago — on June 29, 2007 — the Internet was introduced to a new micro-celebrity. The fact remains that behind him on that day 192 months ago, a line curled around the block. Did you even know, before you opened this post, that today, Apple is launching another massive new product?

Persons: Greg Packer, Dima Gavrysh, REMY, Steve Jobs's, Hasan Chowdhury, Dan Ives, Siri Organizations: Apple, Press, LA, Associated, Reuters, Developers, Bloomberg, Wedbush Securities Locations: New York, France, Cupertino

☆ Apple is ready to enter its metaverse era with a mixed reality headset. The rest of the world might not be.
▼ + stars: | 2023-06-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Apple is on the cusp of revealing its future post-iPhone with a big bet on the metaverse. Tim Cook is expected to unveil a new mixed reality headset at WWDC in his riskiest move yet. Apple has the tough task of convincing the world the metaverse is still the future as interest dips. But emerging signs suggest Apple would have a seriously tough time shipping units for its metaverse bet. "If you believe there's something beyond a smartphone then it's probably the metaverse," Munster said.

Persons: Tim Cook, that's, Mark Zuckerberg's Meta, it's, Zuckerberg, Palmer Luckey, —, ChatGPT, Gene Munster, he's, Siri, That's, Apple, Munster, Bill Gates, Apple's Cook Organizations: Apple, Developers, Bloomberg, Meta, Deepwater Asset Management, Microsoft Locations: Cupertino

☆ Musk's China visit ends with burgers for 100 Shanghai Tesla workers — and favor from Beijing as state-affiliated media showcases trip on Twitter
▼ + stars: | 2023-06-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Elon Musk's surprise trip to China ended with burgers and soft drinks for Tesla staff in Shanghai. His trip was showcased on Twitter by Chinese state media. Elon Musk completed his whistle-stop tour of China by treating workers at Tesla's Shanghai plant to burgers and soft drinks, with his visit being showcased on Twitter by China's state-affiliated media. A video published online by Tesla's China team, seen by Insider, showed Musk delivering a speech to a crowd of workers at his Shanghai plant. Elon Musk visited workers at Tesla's Shanghai gigafactory after first China trip in three years.

Persons: Elon Musk's, Elon Musk, Tesla's, China Grace Tao, Grace Tao, Weibo Musk, Jack Ma, Zeng Yuqun, Tesla, Musk Organizations: Twitter, Bloomberg, Tesla's, Global Times, Communist Party's, Shanghai gigafactory Locations: China, Shanghai, Tesla's China, Beijing

☆ Elon Musk hailed as 'Brother Ma' during a trip to China, where he's been lavished with a 16-course meal and treated like a king
▼ + stars: | 2023-05-31 | by ( Hasan Chowdhury | Cheryl Teh | ) www.businessinsider.com time to read: +3 min

During a surprise visit to the country, Musk has been inundated with high praise, Reuters reported. His trip has caused a social-media storm, with people eager to recommend places for him to visit. It was the Tesla and Twitter boss's first trip to China in three years, making his visit a high-profile affair for members of the public. Pictures of what's thought to be the menu for Musk's dinner in China are circulating on China's Twitter-like Weibo platform. Screengrab/WeiboReuters reported the evening included a 16-course meal shared with battery executive Zeng Yuqun at the Man Fu Yan restaurant.

Persons: Elon Musk, Musk, Jack Ma, Ma, Zeng Yuqun, Fu, Xi, Tesla Organizations: Reuters, Morning, Twitter, Weibo Reuters, Fu Yan Locations: China, Beijing, Weibo, Peking, Taiwan, Ukraine

☆ Your next job may depend on how well you understand AI tools like ChatGPT
▼ + stars: | 2023-05-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Companies are looking at ways to implement tools like ChatGPT into their products and workflows. But pretty much anyone with a job, beyond just tech, will need to get to grips with AI and its potential. On Monday, Jensen Huang, the CEO of chip giant Nvidia, suggested workers should find a way to make AI work to their favor. ChatGPT shifted priorities for corporatesThe release of OpenAI's ChatGPT in November has coincided with a shift in priorities for companies across the board. Meanwhile a survey of 3,000 employed Americans by HR software firm Checkr found that 79% of workers are feeling the pressure to learn more about AI tools.

☆ CEOs see ChatGPT as an 'Ozempic' miracle drug that can cut costs and boost efficiency. Right now, they're wrong.
▼ + stars: | 2023-05-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Ozempic and ChatGPT have blown up in the year of the cure-all. As Justine Moore, investment partner at Silicon Valley VC firm a16z, tweeted this month: "By 2025, America is going to run on Ozempic and ChatGPT." CEOs running businesses that have nothing to do with AI are talking about ChatGPT during their quarterly earnings calls. But like Ozempic, AI comes with side effects. Samsung banned its employees from using generative AI tools after finding some of its engineers accidentally leaked internal source code by uploading it to ChatGPT in April.

☆ Even Apple will have a hard time making the metaverse cool
▼ + stars: | 2023-05-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Apple must do what no other tech company has done: make the metaverse cool. The iPhone maker is widely expected to debut its mixed-reality headset next month. The company's making a risky move as the tech world retreats from the metaverse and fixates on AI. In other words, Apple has more to lose by not making a wager on a mixed-reality headset than if it did. "If you believe there's something beyond a smartphone then it's probably the metaverse," Munster said.

☆ Layoffs aren't over yet for tech giants as managers prepare to tighten on the 'laptop generation,' says tech investor Gene Munster
▼ + stars: | 2023-05-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Tech layoffs are far from over, according to tech investor Gene Munster. He also sees them getting tighter on the "laptop generation" who refuse to return to the office. More layoffs could be on their way at big tech firms as bosses prepare to tighten on the "laptop generation," according to Gene Munster. Munster's comments come as tech companies shift their tone away from growth to focus on efficiency. Munster thinks that "there has been this laptop generation" that "some of these tech companies are going to tighten on."

☆ The next election can't handle a world powered by ChatGPT
▼ + stars: | 2023-05-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Even the man who runs ChatGPT-maker OpenAI worries about the influence of AI on 2024's election. The devastation caused by social media in America's recent political history could look like child's play by comparison to AI. Even Altman thinks AI will make humans stupidFor now, Altman said, humans understand that AI is in its infancy and are aware that bots like ChatGPT routinely make mistakes. Altman correctly (and self-interestedly) called during the session for AI to be regulated, including a suggestion that AI-generated content is clearly labeled. The same slowness just won't cut it in a world running to embrace ChatGPT.

☆ Elon Musk's tirade about the 'laptop classes living in la la land' is the latest step in his crusade against remote working
▼ + stars: | 2023-05-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Elon Musk's attack on remote working is just one of many in recent years. The billionaire made clear in an interview with CNBC that he still wasn't a fan of the practice. Elon Musk has attacked the practice of remote working again, mocking those who do so as the "laptop classes" who are "living in la la land." Musk's most recent attack on remote working came in a wide-ranging interview with CNBC on Tuesday. In the CNBC interview, Musk said that people working from home was as much a "moral issue" as it was a productivity one.

☆ OpenAI CEO Sam Altman is ready to tell Congress that the ChatGPT-led AI era he's ushered in needs rules — before it's too late
▼ + stars: | 2023-05-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Sam Altman is ready to tell Congress that his AI invention ChatGPT needs to follow some rules. The OpenAI CEO is due to appear before Congress on Tuesday as concerns grow over AI risks. OpenAI CEO Sam Altman is set to make his debut appearance before Congress to address growing concerns about the societal threats posed by a ChatGPT-led era of AI. The testimony comes at a crucial moment as the release of OpenAI's ChatGPT in November introduced the world to consumer-led AI. The spread of generative AI tools such as ChatGPT has caused concern among lawmakers about the potential harm they could cause.

☆ Elon Musk denies taking financial advice from Jeffrey Epstein, following US Virgin Islands' decision to subpoena the Twitter chief
▼ + stars: | 2023-05-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Elon Musk has denied taking financial advice from Jeffrey Epstein. Elon Musk has denied taking financial advice from Jeffrey Epstein after he was subpoenaed in a lawsuit over JPMorgan's ties to the convicted sex offender. "The notion that I would need or listen to financial advice from a dumb crook is absurd," Musk tweeted. It makes Musk the latest high-profile person to be subpoenaed in a series of lawsuits revolving around JPMorgan's ties to Epstein. Earlier this month, it was reported that the US Virgin Islands couldn't find fellow Google cofounder Larry Page to serve him a subpoena.

☆ Creator of Meta's Oculus VR says Apple's rival mixed-reality headset is 'so good'
▼ + stars: | 2023-05-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Oculus VR cofounder Palmer Luckey was full of praise for Apple's mixed-reality headset. Apple has been quiet on its next big thing at a time when its rivals are shifting to focus on AI. The original designer of Meta's VR offering, Oculus, says Apple's much-rumored rival metaverse headset is "so good." Oculus was acquired in 2014 by Facebook before the social-media company changed its corporate name to Meta. Apple has remained relatively quiet on AI by comparison, with Tim Cook emphasizing the need to be "deliberate and thoughtful."

☆ Elon Musk is handing a truckload of mess to Twitter's new CEO
▼ + stars: | 2023-05-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Elon Musk is finally ready to share his Twitter mess with someone else. The billionaire has found a new CEO to succeed him, but the mess they'll need to address is huge. It's been a long time coming but Elon Musk is finally ready to do it: he's about to hand over his Twitter mess to someone else. Twitter's finances are a messThe first challenge Musk's decidedly bumpy reign has left for his successor is Twitter's financial mess. If news organizations are continuously maligned, Twitter's new CEO will need to solve an identity crisis.

☆ Elon Musk names Linda Yaccarino as Twitter's new CEO
▼ + stars: | 2023-05-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Elon Musk has named ex-NBCU exec Linda Yaccarino as Twitter's new CEO. Elon Musk has named Linda Yaccarino as Twitter's new CEO, ending intense speculation about who the billionaire would appoint as his successor at the social-media platform. "I am excited to welcome Linda Yaccarino as the new CEO of Twitter!" Musk has attempted to shore up Twitter's finances by rolling out paid features via subscription service Twitter Blue, though to mixed success. Musk has previously stated that his intention was to eventually step back from the Twitter CEO role, amid growing concerns from Tesla shareholders that he was not focusing enough on the EV company.

☆ The UK has restricted Microsoft and Activision from acquiring an interest in each other after blocking $68.7 billion merger
▼ + stars: | 2023-05-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

The UK is restricting Microsoft and Activision from acquiring an interest in each other. The competition regulator published an interim order to prevent any action without its consent. The decision comes weeks after it made a decision to block a $68.7 billion merger between the two. The UK's competition regulator has issued an interim order to restrict Microsoft and Activision from acquiring an interest in each other. It comes weeks after the decision by the regulator, the Competition and Markets Authority (CMA), to block a $68.7 billion merger between the two companies.

☆ Elon Musk invites longtime CNN host Don Lemon to start new show on Twitter following Tucker Carlson announcement
▼ + stars: | 2023-05-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Don Lemon and Tucker Carlson were both ousted from their jobs at CNN and Fox News on April 24. And as Musk tried to settle political concerns, he reached out to Lemon to suggest he do the same. Elon Musk reached out to former CNN host Don Lemon to suggest he starts a new show on Twitter, days after Fox News star host Tucker Carlson announced his own plans to do so. Lemon and Carlson, longtime TV news hosts, were both abruptly fired on April 24. If Lemon did take up Musk's offer, it could provide a liberal counterbalance to Carlson's impending Twitter show.

☆ Tucker Carlson's new Twitter show could spell doom for Elon Musk
▼ + stars: | 2023-05-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

For Twitter owner Elon Musk, a Fox News-style show on Twitter could cause problems. Tucker Carlson's sudden exit from Fox News last month has fueled weeks of speculation about his next move. Particularly as Musk said "Twitter has not signed a deal of any kind whatsoever" with Carlson. And if Carlson is on board, that paves the way for other, equally provocative creators to go big on Twitter. Musk faces a real risk that a growing number of Twitter users will feel the same way.

☆ White House snubs Mark Zuckerberg by leaving him off the list for its AI summit with tech leaders
▼ + stars: | 2023-05-06 | by ( Hasan Chowdhury | Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

The Biden administration met with various CEOs from tech companies to discuss AI. However, a White House official told a CNN reporter that Meta was not invited. Meta's Mark Zuckerberg was notably absent from a meeting with White House officials to discuss AI development. A White House official told CNN reporter Donald Judd that Meta had not been invited. Meta and the White House did not immediately respond to Insider's request for comment.

☆ Google and OpenAI will lose the AI arms race to open-source engineers, a Googler said in a leaked document
▼ + stars: | 2023-05-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Google and OpenAI are not positioned to win the AI arms race, a Google engineer said in a leaked doc. A document written by a senior Google engineer suggests the open-source community is rivaling them. Google and OpenAI are not positioned to win a hotly contested AI arms race as the open-source community is "lapping" them, a senior engineer at the search giant has said. Sernau said open-source engineers were doing things with $100 that "we struggle with" at $10 million, "doing so in weeks, not months." He cited challenges around running AI models on a phone as one such major issue, which he said open-source engineers have managed to do on a Google Pixel 6.

☆ ChatGPT cost a bomb to make with OpenAI's losses growing to $540 million last year, report says
▼ + stars: | 2023-05-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

OpenAI's losses climbed to $540 million in 2022 as it developed ChatGPT, a new report claims. The Information said that the startup's costs soared in the months before it launched the chatbot. AI tools like ChatGPT are expensive given the significant computing power needed to run them. OpenAI's development of the technology came at a steep price, with its losses roughly doubling to around $540 million last year, a new report claims. OpenAI's revenue is projected to rise significantly this year, with expectations that revenue will hit $200 million this year before climbing to $1 billion in 2024, according to Reuters.

☆ Tech CEOs threaten to end remote work, infuriating workers hit by mass layoffs and dwindling perks
▼ + stars: | 2023-05-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Tech workers could soon find themselves back in the office as bosses threaten to axe remote work. Tech CEOs are backtracking on remote working as they face pressure to improve performance. Unfortunately for tech workers, the changes might not end there. A shift that could backfireMany companies in tech have been exploring the idea of shifting away from full remote work for several months. Tech firms that championed remote work, but are now back-tracking, may soon have to face a furious reckoning from their beleaguered employees.

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