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☆ Apple's AI bet isn't the silver bullet the company needs
▼ + stars: | 2024-06-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

CEO Tim Cook revealed its AI plan, "Apple Intelligence," to kick off WWDC 2024. 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 made waves in the tech industry on Monday when it unveiled its new artificial intelligence system, Apple Intelligence. This story is available exclusively to Business Insider subscribers.

Persons: Tim Cook, — Organizations: Apple Intelligence, Apple, Service, Worldwide, Business

☆ Apple needs to show iOS can rival Google's Android in the AI era
▼ + stars: | 2024-06-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Since the start of the generative AI boom, sparked by the release of ChatGPT, the Apple CEO has remained largely silent on AI. Critically, Google's efforts to weave AI into its mobile operating system have threatened to make Apple look out-of-sync. Android users have been introduced to much-hyped generative AI features, while iOS users have been left to make do with an outdated Siri. During IO, Sameer Samat, Google's Android chief, told my colleague Alistair Barr that AI presented a "once-in-a-generation moment to reinvent what phones can do." Cook will be ready to show everyone that iOS can compete with Android in the AI era.

Persons: —, Tim Cook, Siri, Sameer Samat, Alistair Barr, it's, Cook, Mark Gurman Organizations: Service, Google, Apple, Business, Android, Worldwide Developers, OpenAI, Bloomberg, Apple Intelligence Locations: China

☆ Looking to work in India? Talent is in high demand in these 5 industries, according to Indeed
▼ + stars: | 2024-06-10 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

"Sales" is the most common search term by recruiters in India on hiring and matching platform, Indeed. "Sales" is the most commonly searched term by employers in India, making up 10% of all resume searches on the platform in 2023, according to research by Indeed. Here are the other common search terms by employers in India in 2023, according to Indeed. "Telecalling is also a relatively cost-effective way to reach customers, particularly in a market like India, making it an attractive option for businesses." Additionally, India has been making a big push for electric vehicles, which is creating a new wave of demand for mechanics, according to Kumar.

Persons: Callam Pickering, APAC, haven't, it's, Pickering, Sashi Kumar, Kumar Organizations: CNBC, India Locations: India, Singapore, Australia, Canada, U.S

☆ Elon Musk threatens to ban iPhones and MacBooks at his companies after Apple announces OpenAI partnership
▼ + stars: | 2024-06-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Elon Musk slammed Apple's new OpenAI partnership, threatening to ban Apple devices at his companies. He said visitors will have to check their Apple devices and they will be stored in a Faraday cage. Apple assures privacy protections, while Musk claims Apple can't ensure user security if integrating OpenAI's technology. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Apple announced at its Worldwide Developer's Conference on Monday that it will be integrating its new AI software, called Apple Intelligence, across the iPhone, iPad, and Mac.

Persons: Elon Musk, —, Elon, Apple —, Siri, Apple Organizations: Service, Apple, Worldwide, Conference, Apple Intelligence, Mac, OpenAI, Business

Apple 's about to kick off its annual Worldwide Developer's Conference where it's expected to announce its plans for AI. The company is expected to announce a partnership with OpenAI and reveal "Apple Intelligence," according to recent reports from Bloomberg. We'll also hear about the latest software updates for the iPhone, Mac, iPad, Apple TV and Apple Watch. Apple typically releases that software in developer preview ahead of a full launch for consumers sometime in the fall with the launch of the new products. You can also watch the live stream here:

Persons: OpenAI, WWDC, We'll, Craig Federighi, Atif Malik Organizations: Apple, Apple Intelligence, Bloomberg, Apple Watch, Citi Locations: Pacific

☆ 35-year-old making $11,400 a week in passive income: The 3 questions I asked myself before quitting my day job
▼ + stars: | 2024-06-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Hogue was a senior web developer at a nonprofit called CharityEngine and an adjunct web developer professor at George Mason University in northern Virginia. In 2018, those businesses out-earned his full-time income: He made nearly $135,600. In retrospect, he could've done both sooner, he adds: The more time you dedicate to building passive income streams, the more money you can make. Now, Hogue makes $11,400 per week in mostly passive income, according to documents reviewed by Make It. Here's his advice on when to leave your full-time job in favor of a side hustle, and when it's smarter to stay.

Persons: Ryan Hogue's, hustles, Hogue, —, CharityEngine Organizations: George Mason University, CNBC Locations: Virginia

☆ Apple just threw down the gauntlet in the AI wars
▼ + stars: | 2024-06-10 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Apple finally made some big AI announcements at the WWDC 2024 keynote on Monday. Analysts are saying Apple delivered on the GenAI front, but total AI domination is uncertain. The company was touted for its privacy protections with Apple Intelligence and big updates to Siri. At the keynote of its Worldwide Developer Conference on Monday, the tech titan introduced Apple Intelligence and showed off a range of capabilities coming to its products. Apple Intelligence will bring massive changes to Photos, Siri, Messages, and more in the upcoming iOS 18, iPadOS 18, and macOS Sequoia updates.

Persons: Apple, Siri, — Organizations: Apple, Apple Intelligence, Service, Business

☆ Apple’s new AI features for the iPhone should fuel just what investors wanted
▼ + stars: | 2024-06-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

On Monday, the longtime Club holding unveiled its long-awaited generative AI initiatives, known as Apple Intelligence. It means that Apple's new AI tools should be able to boost lagging iPhone sales, which make up roughly half of the company's overall revenue. The iPhone 15 Pro and Pro Max, which were released last year, are the only versions of the smartphone currently compatible with Apple Intelligence. "Even if iPhone 15 users don't upgrade right away, they now have a very good reason to do it sooner than they otherwise would have. Taken together, these suite of features show that Siri is getting the makeover that Jim Cramer recently argued would be crucial for an iPhone upgrade cycle to ensue.

Persons: Siri, Pro Max, Zev Fima, Fima, Kelsey Peterson, Apple, Jim Cramer, Jim, Jim Cramer's, Tim Cook, Nic Coury Organizations: Apple, Monday, Club, Apple Intelligence, Pro, Investing, Apple News, Microsoft, CNBC, Developers, AFP, Getty Locations: China, Cupertino , California

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple's Worldwide Developer Conference keynote on Monday is expected to herald some major announcements from the tech titan. This year's WWDC has been highly anticipated by analysts, investors, and beyond, who all want to know what CEO Tim Cook will reveal about Apple's generative artificial intelligence efforts. Other changes Apple is expected to unveil include updated Mac, iPad, and Vision Pro operating systems, AI-generated emojis, and a complete overhaul of Siri.

Persons: —, Tim Cook, Dan Ives, OpenAI, Siri Organizations: Service, Business, Apple, Wedbush Securities, Bloomberg, Vision Pro

☆ Why people are closely watching Apple's annual Worldwide Developer's Conference
▼ + stars: | 2024-06-10 | 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 EmailWhy people are closely watching Apple's annual Worldwide Developer's ConferenceCNBC's Steve Kovach and Tim Higgins, Wall Street Journal Business Columnist, joins 'Power Lunch' to discuss the expectation from consumers and investors from Apple's WWDC.

Persons: Steve Kovach, Tim Higgins Organizations: Wall Street Locations: Apple's

☆ Welcome to the Era of the A.I. Smartphone
▼ + stars: | 2024-06-10 | by ( Brian X. Chen | ) www.nytimes.com time to read: +1 min

Every year, Apple and Google announce major software updates that bring new features to our smartphones, like cosmetic overhauls to the home screen, stronger privacy protections and fun messaging tools. This year, the changes will feel more radical because the companies are focusing on reinventing our phones with artificial intelligence. The new tools include a revamped version of its voice assistant, Siri, that is easier to talk to and an A.I. system that will generate images, create summaries of web articles and craft responses to text messages and emails. The change that will have a more immediate effect has to do with old-school text messages — also known as the green bubble.

Persons: Siri, —, Apple Organizations: Apple, Google

☆ Hey, Siri! Let’s Talk About How Apple Is Giving You an A.I. Makeover.
▼ + stars: | 2024-06-09 | by ( Tripp Mickle | ) www.nytimes.com time to read: +1 min

Each June, Apple unveils its newest software features for the iPhone at its futuristic Silicon Valley campus. What will be different this time is the technology powering Siri: generative artificial intelligence. In recent months, Adrian Perica, Apple’s vice president of corporate development, has helped spearhead an effort to bring generative A.I. companies, including Google and OpenAI, seeking a partner to help Apple deliver generative A.I. Apple recently struck a deal with OpenAI, which makes the ChatGPT chatbot, to fold its technology into the iPhone, two people familiar with the agreement said.

Persons: Siri, Adrian Perica, Perica Organizations: Apple, Google, OpenAI

☆ Apple needs to make the iPhone cool again. Tomorrow is its chance
▼ + stars: | 2024-06-09 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

And no product is more important to Apple than the iPhone. New AI features that provide a compelling reason to upgrade when Apple rolls out the iPhone 16 in the fall could boost the company at a crucial time. Here’s the thing: No matter how Monday goes, Apple isn’t losing its status as a tech powerhouse anytime soon. The latter scenario — assuming the features are compelling — could spur the next major iPhone upgrade cycle and have ripple effects for the entire company. “That’s the key: if it’s compelling and not backward-compatible, Apple will have the first upgrade cycle in four years,” Luria said.

Persons: they’ve, Apple isn’t, D.A, Davidson, Gil Luria, Gadjo Sevilla, “, Siri, Luria, ” Luria Organizations: New, New York CNN, Apple, CNN, ”, Nvidia, Microsoft, eMarketer, iOS, Samsung Locations: New York, China, WWDC

☆ This skinny house is so narrow that some people can touch both walls at once — and its price just fell again. See inside.
▼ + stars: | 2024-06-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

A Washington DC developer was forced to build a skinny home — six feet wide at its narrowest point. Zoning laws made it hard to build any bigger on the 0.02-acre property, the listing agent said. The narrow home listed for $799,900 in July 2023, but the price just dropped further to $570,265. 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 .

Persons: —, Jennifer Young, Keller Williams, Nady Samnang Organizations: Washington DC, Service, Keller Williams Chantilly Ventures, Business Locations: Washington ,

☆ The Fed's rate decision and May inflation data will be key tests for the stock market next week
▼ + stars: | 2024-06-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The next rate decision from the Federal Reserve coupled with May inflation data, both on Wednesday, will play key roles in how stocks perform next week — quite probably lending added volatility to an already jittery market. The Fed's rate decision All eyes are on the Fed next week and its rate decision that's set to come down at 2 p.m. Wednesday. But investors have tempered expectations since then amid a spate of stubborn inflation data. That makes May's consumer price index report due out before the bell Wednesday another key focal point for investors. Economists polled by Dow Jones are bracing for the consumer price index to rise 3.4% year over year and 0.1% on a monthly basis.

Persons: nonfarm, Kathryn Kaminski, Scott Wren, they've, it's, Tony Roth, Envestnet's Dana D'Auria, D'Auria, Dow Jones, Wells, Wren, John Belton, Apple, Jerome Powell, John Wiley Friday Organizations: Federal, Nvidia, Apple, Microsoft, GameStop, Dow, AlphaSimplex Group, Fed, Federal Open Market, European Central Bank, European Union, Wells Fargo Investment, Wilmington Trust's, CPI, Apple's Worldwide, Broadcom, Dave, Treasury, Signet Jewelers, University of Michigan Locations: Wells Fargo, Cupertino , California

☆ Opinion: Apple can still get back to its golden age
▼ + stars: | 2024-06-07 | by ( Opinion Jeff Yang | ) edition.cnn.com time to read: +10 min

Jeff Yang CNNNaturally, Apple has locked down the details of the revelations it plans on releasing on Monday tighter than Fort Knox. Apple CEO Tim Cook introduces Apple Vision Pro, a mixed reality headset, at Apple Park in Cupertino, CA, on June 5, 2023. What’s the songs-in-your-pocket equivalent for Vision Pro? But so far, if Apple is looking to reclaim its real-world relevance, Vision Pro isn’t it — yet. Let’s hope that at this WWDC, the company defiantly ignores last year’s laughter and continues to look, and think, different.

Persons: Jeff Yang, Bruce ”, “, CNN —, Jeff Yang CNN, OpenAI, Tim Cook, Steve Jobs, Brooks Kraft, Jobs, Cook, Ive Organizations: CNN, Conference, Apple, Huawei, International Trade Commission, Justice Department, Vision, Apple Vision, Apple Inc, Apple Watch, MacBook Air, Twitter, Facebook, mojo Locations: Asian America, America, Knox, China, Cupertino , CA, manila, WWDC

☆ Nvidia stock has another 24% to climb as it looks poised to dominate the computing market for the next decade, Bank of America says
▼ + stars: | 2024-06-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The bank reiterated its $1,500 price target this week, implying another 24% upside for the stock. Nvidia will continue to dominate the computing market in the next upgrade cycle, the bank said. BofA strategists have a 12-month price target of $1,500 a share, implying another 24% upside from where the stock was trading late Thursday morning. Vivek Arya, a senior semiconductor analyst for the bank, added that he believed the stock would dominate the computer market for the next decade. Nvidia stock undergo a 10-for-1 split on Friday, a move that could be a catalyst for further gains as a lower share price helps draw more attention from retail investors.

Persons: —, Jensen Huang, Vivek Arya, Ayra Organizations: Bank of America, Nvidia, Service, AMD, Intel, Yahoo Finance, Wall Street, Apple

☆ Jack Dorsey gave $10 million to an anonymous founder with a deep devotion to a fascist 'guru'
▼ + stars: | 2024-06-06 | by ( Katherine Long | ) www.businessinsider.com time to read: +6 min

"It's a truly open protocol. Advertisement"We don't know who the leader is, it's like this anonymous Brazilian," Dorsey said. It's not clear how much of the $10 million Dorsey gave to support the development of Nostr will make its way to Parra. Parra, as Fiatjaf, sits on a committee established by the organization to organize Nostr development efforts, Bitcoin Magazine reported. After an X user suggested to Dorsey that he help fund Nostr, Dorsey replied within 24 hours, "funding deployed to @fiatjaf."

Persons: —, Jack Dorsey, Dorsey, Nostr, Edward Snowden, Giovanni Torres Parra, Olavo de Carvalho, de Carvalho —, Parra, Olavo, Jair Bolsonaro's, Fiatjaf, It's, . Parra, Forbes Organizations: Service, Business, Pepsi, Forbes, Sats Initiative, Bitcoin Magazine, Austrian Locations: Brazilian, Virginia, Brazil, Dorsey

☆ Dubai Mall, one of the world's largest, is getting even bigger with a $400 million expansion
▼ + stars: | 2024-06-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an estimated 1.5 billion dirhams ($408 million). Spanning 12 million square feet of floor space, the mall is also connected to the Burj Khalifa, the world's tallest skyscraper. The mall's developer, Emaar Properties this week announced the building's expansion plan, which will add 240 new luxury stores and food and drink venues. "The new Dubai Mall expansion is a great addition to one of the most visited sites in the world," Mohamed Alabbar, Emaar founder, said in a statement.

Persons: Mohamed Alabbar Organizations: United Arab Emirates, SEGA Locations: Dubai, United Arab, DUBAI, Burj, UAE, Ukraine

☆ Nvidia can rally another 30% because of its 'multi-year lead' in AI chips, Bank of America says
▼ + stars: | 2024-06-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Nvidia 's head start in artificial intelligence chipmaking could boost its shares by another 30%, according to Bank of America. Nvidia shares have already risen 29% since the end of March, pushing its year-to-date gain to 135%. Bank of America's Arya reaffirmed his buy rating on shares and a $1,500 price target, implying 29% upside from Tuesday's close. He views Nvidia as best positioned "to enabling the $3 trillion IT industry towards delivering AI services." NVDA YTD mountain Shares this year While giving the Jensen Huang-led company a market value approaching $2.9 trillion, Nvidia's surging share price may create volatility.

Persons: Blackwell, Vivek Arya, Bank of America's Arya, Jensen Huang, Arya Organizations: Nvidia, Bank of America, AMD, Intel, Bank of America's, Blackwell, Grace

☆ Dubai Mall set for $408 million expansion
▼ + stars: | 2024-06-05 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +2 min

CNN —Editor’s Note: This CNN series is, or was, sponsored by the country it highlights. United Arab Emirates real estate developer Emaar Properties announced Monday plans for a 1.5 billion dirham ($408 million) expansion of Dubai Mall. The 12-million-square-foot mall is already the largest shopping center in the world by total area, and the expansion will add a further 240 luxury stores, along with new food outlets. Emaar PropertiesLast year, Dubai welcomed a record number of tourists, and the mall says it received 105 million visitors last year, up 19% from 2022. Government initiatives including the Dubai Shopping Festival — launched in 1996 — have given the emirate a reputation for offering a premium shopping experience across dozens of malls.

Persons: Mohamed Alabbar, Majid Al Futtaim Organizations: CNN, United, United Arab Emirates, Emaar Locations: United Arab, Dubai Mall, Dubai, Burj, footfall, Emaar

☆ Tim Cook is about to reveal Apple's plan to dominate the internet for another decade
▼ + stars: | 2024-06-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewWhen Steve Jobs launched the first iPhone in 2007, it was a landmark moment in Apple's history that involved the CEO of another Silicon Valley company: Google. Now, Apple is preparing to unveil its plans to dominate the internet again — with the help of another Silicon Valley company. Apple's plan to dominate the internet, againOn Monday, when CEO Tim Cook kicks off Apple's Worldwide Developer Conference (WWDC), he's expected to reveal a new vision of artificial intelligence by announcing a partnership with OpenAI. Time will tell if the deal is as powerful as Apple's search engine agreement with Google. AdvertisementOne thing is certain: Apple's about to pitch the world on its plans to dominate the internet in the AI age.

Persons: —, Steve Jobs, Eric Schmidt, Google's, Apple, it's, Tim Cook, he's, Bloomberg's Mark Gurman, Dan Ives, OpenAI, Sam Altman Organizations: Service, Google, Apple, Business, Apple's, Conference, OpenAI, Rivals, Microsoft Locations: Bloomberg's

☆ OpenAI insiders call for company to be more transparent about the ‘serious risks’ AI technology poises to society
▼ + stars: | 2024-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +3 min

CNN —A group of OpenAI insiders are demanding that artificial intelligence companies be far more transparent about AI’s “serious risks” — and that they protect employees who voice concerns about the technology they’re building. “AI companies have strong financial incentives to avoid effective oversight,” reads the open letter posted Tuesday signed by current and former employees at AI companies including OpenAI, the creator behind the viral ChatGPT tool. As the law currently stands, the AI employees said, they don’t believe AI companies will share critical information about the technology voluntarily. Their letter comes as companies move quickly to implement generative AI tools into their products, while government regulators, companies and consumers grapple with responsible use. Meanwhile, Apple is widely expected to announce a partnership with OpenAI at its annual Worldwide Developer Conference to bring generative AI to the iPhone.

Persons: ”, OpenAI, ” OpenAI, Daniel Ziegler, “, Tim Cook Organizations: CNN, Companies, Security, Apple, OpenAI, Conference, ” Apple Locations: OpenAI

☆ Why this AI researcher thinks there's a 99.9% chance AI wipes us out
▼ + stars: | 2024-06-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

For example, a recent study conducted with 2,700 AI researchers indicated there's only a 5% chance that AI will lead to human extinction. The AI researcher teaches computer science at the University of Louisville and just came out with a book called "AI: Unexplainable, Unpredictable, Uncontrollable." Yampolskiy said he finds that unlikely since no AI model has been completely safe from people attempting to get the AI to do something it wasn't designed to do. AdvertisementGoogle AI Overviews, based on Google's Gemini AI model, is the latest product rollout that didn't stick the landing. The CEO of ChatGPT developer OpenAI, Sam Altman, has suggested a "regulatory sandbox" where people experiment with AI and regulate it based on what "went really wrong" and what went "really right."

Persons: —, Lex Fridman, Fridman, Roman Yampolskiy, Yampolskiy, they've, Biden, Sam Altman, Altman, there'll, ChatGPT, Elon Musk, Eric Schmidt, Schmidt Organizations: Service, Business, University of Louisville, Google Locations: Africa

That apartment complex is Stadium Lofts, a former baseball stadium that was converted into 138 apartments by Core Redevelopment, a Midwest developer group. The Stadium Lofts has 138 units and Stadium Flats, the four-building complex next door, has 144. The Stadium Lofts renovation took the partners just under two years to complete. The Stadium Flats addition was completed about a year after the Stadium Lofts opened and cost around $13 million. Cox, Watson, and his sons had a budget of $14 million for the Stadium Lofts conversion and, in the end, spent roughly $13.8 million.

Persons: Michael Cox, John Watson, Cox, Michael Potter, Watson Organizations: Core, CNBC, Indianapolis Indians, Indiana Landmarks, Bush, Cox, of Fame Locations: Indianapolis , Indiana, Midwest, Indiana, Indianapolis, Marion County , Indiana, Marion ,

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