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☆ Apple Vision Pro: Impressive specs, new way of interacting could help it break the VR curse
▼ + stars: | 2023-06-09 | by ( Kif Leswing | ) www.cnbc.com time to read: +11 min

The Apple Vision Pro is significantly more powerful than nearly all competing products on the market. Huge specsThe new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. A new interfaceApple Vision Pro Source: AppleJust as the iPhone did, the Apple Vision Pro introduces a new kind of user interface. Apple Vision Pro Source: AppleEye tracking often uses small sensors to see where the user's gaze is resting. The Apple ecosystemApple CEO Tim Cook stands next to the new Apple Vision Pro headset.

Persons: what's, Inbar, Tipatat Chennavasin, Apple, Justin Sullivan, Avi Greengart, Chennavasin, Jamin Hu, Steve Kovach, Hu, Mac, Tim Cook, Sean Mann, Greengart, Mann Organizations: Apple, Engineers, University of Utah, Nintendo, Microsoft, Meta, Google, Sony, Nvidia, Fund, Superventures, Venture, Apple Vision, Apple Worldwide, Apple Vision Pro, Vision, Getty Locations: Cupertino , California, Apple's, iPhones

☆ Vessel buildup grows at West Coast ports as maritime supply chain begins to break, echoing Covid chaos
▼ + stars: | 2023-06-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Tugboats guide the Mediterranean Shipping Co. (MSC) Mia container ship arriving at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, April 1, 2020. The number of vessels due to dock at the Port of Los Angeles and Long Beach is increasing as labor slowdowns at West Coast port terminals have impacted supply chain operations, from trucks to rails and ocean carriers. Data from MarineTraffic shows that vessel problems are shifting from isolated to more pervasive. He said these vessels have yet to be loaded/offloaded and sent away, critical to make room for the next wave of vessels heading to Los Angeles. At the Port of Los Angeles, the CMA CGN Lyra has been at the dock since May 31; CMA CGM Amerigo Vespucci has been there since June 1.

Persons: Adil Ashiq, Lyra, Amerigo Vespucci Organizations: Mediterranean Shipping Co, Port, Marine Exchange, Southern, Vessel Traffic Service, North, MarineTraffic, MSC, CNBC, Tesla, CMA, Ports Locations: Port of Los Angeles, Los Angeles , California, U.S, Long, West Coast, Port of Long, Southern California, Los Angeles, LA, North America, of Los Angeles, Europe, Port of Oakland

☆ Bank of America is boosting bankers' productivity with an AI-powered tool that helps them research their clients
▼ + stars: | 2023-06-08 | by ( Paige Hagy | ) www.businessinsider.com time to read: +3 min

Banker Assist is an AI-powered tool used by BofA bankers to collect, record, and review client data. Many people have heard of Erica, Bank of America's virtual assistant for its retail banking customers, but few are familiar with its internal-facing application, Banker Assist. Bankers spend a lot of time researching their clients. "On-us" data refers to data the bank owns, and "off-us" data refers to third-party data, like government filings. The tool has over 700 users and can "save hours of research for each client brief," a Bank of America spokesperson told Insider via email.

Persons: Erica, Rob Pascal, Pascal, hadn't, —, We've, ChatGPT, Morgan Stanley Organizations: Bank of, Bank of America, Bankers, of America

☆ Popular Reddit client Apollo will shut down after talks over new developer fees got 'ugly,' with allegations of blackmail
▼ + stars: | 2023-06-08 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +4 min

Apollo, a popular third-party app for accessing Reddit, announced it will shut down June 30. The creator of Apollo said the new pricing policy would cost his app $20 million a year. The Apollo app has been swept up in this battle, which technically revolves around access to Reddit's application programming interface. Elon Musk has cracked down on API access, tooReddit is not the only company that's had enough of this. Twitter began clamping down on API access after Elon Musk acquired the company for $44 billion.

Persons: Reddit, Apollo, Steve Huffman, Christian Selig, Selig, Huffman, Elon Musk, that's Organizations: The New York Times, Google, Street, Twitter, Elon, Microsoft, Apollo

☆ The rivalry between Meta and Apple is moving to a new playing field: virtual reality
▼ + stars: | 2023-06-07 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

New York CNN —Months after Apple unveiled a privacy change that threatened Facebook’s core advertising business, the social networking company rebranded as Meta and shifted its focus to virtual reality. Apple (AAPL) on Monday unveiled its mixed reality headset, the Vision Pro, in one of its most ambitious product launches in years. On Thursday, just days before WWDC, Meta CEO Mark Zuckerberg tried to preempt the expected Apple headset announcement by teasing the Meta Quest 3. Apple on Monday unveiled its first-ever virtual reality headset, challenging Facebook-owner Meta in a market that has yet to gain widespread consumer adoption. Apple chose not to focus on the term “virtual reality,” nor did it show off disembodied avatars without legs inhabiting a virtual world, as Meta did initially.

Persons: Tim Cook, Mark Zuckerberg, Steve Jobs, Meta, Josh Edelson, Morgan Stanley, “ We’re, ” Sheeva, ” Eric Alexander, Apple, ”, Julie, Forrester, Zuckerberg, that’s, Alexander, ’ ”, It’s, D.A, Davidson, Tom Forte, Forte, Blackberry, ” Forte Organizations: New, New York CNN, Apple, Meta, Vision, Microsoft, Google, VR, Facebook, Getty, Street, IDC, ” Sheeva Slovan, Reality Labs, CNN, Apple's, WWDC, Disney Locations: New York, AFP, ’

☆ The Harvard economics PhD whiz who is teaching generative AI to invest for everyone
▼ + stars: | 2023-06-06 | by ( Kiley Lambert | ) www.cnbc.com time to read: +3 min

Szilagyi has the record for the fastest-ever Harvard Economics Ph.D. (2.5 years), studying under Ken Rogoff. In addition to his economics Ph.D., Szilagyi holds BA and MA degrees in mathematics and economics from Yale. Szilagyi: Toggle is a generative AI startup that sits squarely at the intersection of finance and artificial intelligence. Toggle AI was really born from observing the ever-mounting flow of financial data that we needed to track. Thanks to his support, Toggle AI took off with a mission to provide every investor and advisor with powerful AI tools in an easy-to-navigate, chat interface.

Persons: Jan Szilagyi, Szilagyi, Stanley Druckenmiller, Lombard Odier, Ken Rogoff, Giuseppe Sette, Druckenmiller Organizations: Duquesne Capital, Lombard, Harvard, Yale, CNBC, Summit, Microsoft, Duquesne Locations: Szilagyi, Lombard

☆ Why Steve Jobs would love Apple's Vision Pro headset
▼ + stars: | 2023-06-06 | by ( Cadie Thompson | ) www.businessinsider.com time to read: +3 min

Isaacson, who had special access to Jobs, thinks Jobs would have loved Apple's Vision Pro headset. Isaacson said Apple's mixed-reality headset is a "big leap" for human-computer interfaces. The late Apple CEO and cofounder Steve Jobs would love Apple's new Vision Pro headset if he were alive, Walter Isaacson, who wrote Jobs' biography, said Tuesday during an interview on CNBC. Apple unveiled its new mixed-reality headset on Monday at the company's World Wide Developer's Conference. Apple Vision Pro is a "big leap" for human-computer interfaces, Isaacson said.

Persons: Walter Isaacson, Steve Jobs, Isaacson, Jobs, Apple's, Apple Isaacson, Siri, … Organizations: Apple, CNBC, Aspen Institute, Tulane University . Apple, Apple Watch

☆ 'A revolutionary product': Here's what Wall Street is saying about Apple's new Vision Pro headset device that costs $3,499
▼ + stars: | 2023-06-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Apple announced the Vision Pro, a $3,499 mixed-reality headset that will be released in early 2024. Wall Street is reacting to the device, with one analyst expecting more than 1 million units sold in its first year. The $3,499 Vision Pro headset offers both augmented- and virtual-reality capabilities, hand-based gesture controls, and advanced eye tracking. Those ranges imply that the Vision Pro will generate between $525 million and $5.2 billion in revenue next year. Rating: Neutral — Price Target: $190"The price tag of $3,499 was higher than the $3K broadly speculated.

Persons: —, Wedbush, Dan Ives, America's Wasmi Mohan, Price, Samik Chatterjee, Goldman Sachs, We're, Michael Ng Organizations: Apple, Vision, Apple Watch, Service, Bank of America, Wall, Meta, Bank, America's, JPMorgan Locations: Cupertino

☆ Dr. Chatbot will see you now
▼ + stars: | 2023-06-06 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

Almost invariably, the chatbot answers were rated as three or four times as reliable as the ones from the poor wee humans. But here's the most striking part: The chatbot answers, on average, were rated seven times as empathetic as the ones from humans. It's as if the unfeeling android Mr. Data figured out how to convincingly emulate Dr. Crusher's comforting bedside manner. Give those medical chatbots access to people's individual medical records, and they could offer more precisely directed advice. Healthcare AI startups will want the cheapest versions with the most financial bang, which won't necessarily have the best patient outcomes.

Persons: feely, San Diego lurked, I'm, ChatGPT, John Ayers, Ayers, —, chatbot, they're, That's, They're, Teva Brender, Brender, Jonathan Chen, Greg Corrado, isn't, Adam Rogers Organizations: University of California, UC San Diego, Pew Research Center, Harvard, Google, Stanford University School of Medicine, Food and Drug Administration, Healthcare Locations: San Diego, San Francisco

☆ I tried Apple’s new headset. Here’s what it’s like to use
▼ + stars: | 2023-06-06 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +8 min

The headset blends both virtual reality and augmented reality, a technology that overlays virtual images on live video of the real world. The new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference with the announcement of the new Apple Vision Pro mixed reality headset. During another demo, an Apple employee wearing a Vision Pro headset FaceTimed me from the other side of campus. The Vision Pro has the potential to do all of that in an even more striking way.

Persons: I’d, Alicia Keys, Tim Cook, Apple, Justin Sullivan, “, Alan Dye, else’s, ”, Cook, Bob Iger Organizations: CNN, Apple, Apple Vision, Apple Worldwide, Vision Pro, Vision, Hollywood, Disney, Geographic, Marvel, ESPN, Apple Watch Locations: Cupertino , California

☆ Amazon's virtual clinic helps customers avoid crowded wait rooms and pharmacy visits. Here's how to get the care you need in a few clicks.
▼ + stars: | 2023-06-06 | by ( Sponsor Post | Created Amazon Clinic With Insider Studios | ) www.businessinsider.com time to read: +2 min

People can struggle to get on their primary healthcare providers' busy calendar or endure long wait times at walk-in clinics for common conditions like erectile dysfunction or a urinary tract infection. The pandemic accelerated the adoption and proliferation of telehealth, and today services like Amazon Clinic have changed how people can receive quality healthcare. Amazon Clinic is an accessible virtual health service that allows customers to choose from a group of licensed third-party telehealth providers. In a world that prioritizes convenience without sacrificing quality, Amazon Clinic brings a new level of accessible, patient-centric healthcare from a company that has already transformed the customer experience in countless ways. This post was created by Amazon Clinic with Insider Studios.

Organizations: Amazon Clinic, Insider Studios

☆ Apple to sell Vision Pro AR headset for triple Meta's top-line price
▼ + stars: | 2023-06-05 | by ( Stephen Nellis | ) www.reuters.com time to read: +6 min

[1/4] People use cameras as Apple's Vision Pro headsets are on display at Apple's annual Worldwide Developers Conference at the company's headquarters in Cupertino, California, U.S. June 5, 2023. Apple's headset will be available early next year in the U.S. with more countries coming later in 2024. The Vision Pro has two hours of use with an external battery, which Apple said would reduce the weight on the user's head. Investors and tech fans alike are focused on how much Apple's view of the virtual reality market overlaps with Meta's. In addition to Meta, Sony Group Corp (6758.T) and ByteDance-owned Pico both recently released virtual reality devices.

Persons: Loren Elliott CUPERTINO, Apple, Alan Dye, Tim Cook, Walt Disney's, Mark Zuckerberg, there's, John Ternus, Apple's, Craig Federighi, Stephen Nellis, Yuvraj Malik, Dawn Chmielewski, Katie Paul, Peter Henderson, Aditya Soni, Lisa Shumaker Organizations: Developers, REUTERS, Apple Inc, Pro, Apple, Vision, Reuters, Adobe, Microsoft, Unity, Meta, Sony Group Corp, Pico, Research, IDC, Mac Pro, Mac, Intel, Thomson Locations: Cupertino , California, U.S, Loren Elliott CUPERTINO , California, Bengaluru, Dawn, Los Angeles, New York

Tim Cook speaks at an Apple special event at Apple Park in Cupertino, California on September 7, 2022. Brittany Hosea-Small/AFP/Getty Images/FILEFor years, Apple CEO Tim Cook has expressed interest in augmented reality. Now Apple finally appears ready to show off what it's been working on. Apple's rumored new VR/AR headset could be called Reality One or Reality Pro, according to Bloomberg. The decision to unveil it at WWDC suggests Apple wants to encourage developers to build apps and experiences for the product in order to make it more compelling for customers and worth the hefty price tag.

Persons: Tim Cook, Brittany Hosea, it's, Apple's, Siri, Apple Organizations: Apple, Getty, Bloomberg Locations: Cupertino , California, AFP

☆ Apple's new headset lets you see your surroundings with breakthrough 'EyeSight' tech — here's how it works
▼ + stars: | 2023-06-05 | by ( Will Gendron | ) www.businessinsider.com time to read: +2 min

Apple announced its Vision Pro headset on Monday at the company's WWDC 2023. Vision Pro will cost $3,499 and is set to become available early next year. When someone approaches a Vision Pro user, the headset brings them into the user's field of vision, while at the same time displaying the user's eyes. At the moment EyeSight is not currently available in competitors, like Meta's Quest 3, which was announced just days before Apple's Vision Pro. Apple said Monday Vision Pro will be available in early 2024, while the Quest 3 comes out this fall.

Persons: Alan Dye, Apple Organizations: Apple, Apple Watch, Vision, Vision Pro, Apple's Locations: Cupertino , California

☆ A design firm created with AI tools in one weekend fooled some people — despite the pictures' basic flaws
▼ + stars: | 2023-06-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Alex Cornell, an interface designer, created a fake design firm with AI tools in one weekend. Alex Cornell, an interface designer, made a fictional design firm in one weekend with the help of generative AI tools. The design firm, Andever Design Partners, was so convincing some Twitter users assumed it was real. "I got really good really fast using it just because I had such a specific target, it made it really easy to learn how to improve." Alex Cornell / AndeverHowever, Cornell did discover a few tricks to keep things consistent.

Persons: Alex Cornell, Cornell, Alex Cornell's, Midjourney, Andever Organizations: Design Partners, Cornell Locations: San Francisco

☆ Apple WWDC 2023: What to expect at Apple's big developer event
▼ + stars: | 2023-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

The highly anticipated release of an AR/VR headset would be Apple’s biggest hardware product launch since the debut of the Apple Watch in 2015. Here’s a closer look at what to expect:A ‘mixed reality’ headsetFor years, Apple CEO Tim Cook has expressed interest in augmented reality. Apple’s new headset is expected to pack apps for gaming, fitness and meditation, and offer access to iOS apps such as Messages, FaceTime and Safari, according to Bloomberg. New MacBooksA mixed reality headset may not be the only piece of hardware to get stage time this year. New features for iPhone, iPad and Apple WatchConsidering WWDC is traditionally a software event, Apple executives will likely spend much of the time highlighting the changes and upgrades coming to its next-generation mobile operating systems, iOS 17 and iPadOS 17.

Persons: Tim Cook, it’s, Siri, Justin Sullivan, Apple Organizations: CNN, Apple, Worldwide Developers Conference, Apple Watch, YouTube, Bloomberg, VR, MacBook, Wall Street, Big Tech Locations: Cupertino , California, Silicon Valley

[1/6] Aerial view of the wildfire in Shelburne County, Nova Scotia, Canada in this social media handout image released May 31, 2023. Nova Scotia Government/Handout via REUTERSMONTREAL, June 2 (Reuters) - A coastal city in Quebec ordered some 10,000 residents to evacuate homes on Friday as wildfires spread in eastern Canada and stretched firefighting resources already tackling blazes across the country. Wildfires are common in Canada's western provinces, but this year the eastern province of Nova Scotia is reeling from its worst-ever wildfire season. In another eastern province, Quebec, Premier Francois Legault has urged people to avoid spending time in forests over the next few days. Canadian armed forces have been helping fight fires in western Canada since early May and troops were sent to Nova Scotia on Thursday.

Persons: Bill Blair, Blair, Francois Legault, Stephane Lauzon, Justin Trudeau, Mateusz, Allison Lampert, Ismail Shakil, Nick Macfie Organizations: Nova, Nova Scotia Government, REUTERS, Emergency, Thomson Locations: Shelburne County , Nova Scotia, Canada, Nova Scotia, REUTERS MONTREAL, Quebec, Alberta, Northwest Territories, Saskatchewan, Manitoba, Quebec , New Brunswick, Polish, Ottawa, United States, Australia, New Zealand, South Africa, Poland, Montreal

☆ Google says Gmail on your phone just got a lot faster thanks to A.I.
▼ + stars: | 2023-06-02 | by ( Hayden Field | ) www.cnbc.com time to read: +1 min

Searching for an old email containing guidelines from your boss, your friend's address or your airline rewards number is about to get a whole lot easier, according to Google. On Friday, the company announced an artificial intelligence update for Gmail: Over the next 15 days, end users will begin to see "top results" when they search their inboxes, featured above the "all results" section. The new category is fueled by Google's machine learning models, which will analyze the search term, most recent emails and "other relevant factors" to determine which messages count as the best match for the query. The news is the latest in a line of strategic changes for the email service, including a controversial update to the inactive account policy in May: Once a Google account has not been used in two years, the company may then delete the account, including all its content and data. In February, Google completed the rollout of its new Gmail interface for every user, which featured a redesign and emphasis on the company's other productivity tools.

Organizations: Google

☆ Apple may soon show off its biggest and riskiest new hardware product in years
▼ + stars: | 2023-06-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

CNN —Next week, Apple may unveil its most ambitious new hardware product in years, but it’s in a product category that is anything but a proven winner. The highly-anticipated release of an AR/VR headset would be Apple’s biggest hardware product launch since the debut of the Apple Watch in 2015. “So it is great timing for that market.”An uncertain marketFor now, the overall headset market remains small. There were 8.8 million AR/VR headsets shipped globally last year, according to data from market research firm IDC. Unlike almost any other company, however, Apple can create demand for an experimental new product or category.

Persons: ”, Ramon, –, Tim Cook, Cook, “, Siri, Eric Abbruzzese, Meta, Mark Zuckerberg, Abbruzzese, don’t, ” Abbruzzese Organizations: CNN, Apple, Apple Watch, VR, IDC, Washington Post, GQ, Ikea, Bloomberg, ABI Research, Facebook, Street, Meta, Google

☆ Reddit sparks outrage after a popular app developer said it wants him to pay $20 million a year for data access
▼ + stars: | 2023-06-01 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

Now, a similar revolt against Reddit may be gaining steam after a popular app developer said Wednesday the social media company wants to charge him $20 million a year to continue offering software that lets Reddit users view and interact with the platform. Reddit’s API is what allows Reddit content to be displayed to the Apollo app’s 900,000 daily active users. Reddit’s initial announcement had been light on pricing details, leaving many to speculate about the future of third-party access to Reddit. According to Selig’s post Wednesday, Reddit intends to charge $12,000 for every 50 million attempts to access the company’s data. Selig isn’t the only app developer crying foul.

Persons: ”, Christian Selig, Reddit, “, Tim Rathschmidt, Selig, Selig’s, Rebecca Wright, CNN “, ” Selig, Wednesdsay, Selig didn’t, Selig isn’t, Steve Huffman Organizations: Washington CNN, Twitter, CNN, New York Times

☆ Amtrak's new high-speed trains have been delayed again because the tracks they're supposed to run on are too old and busted
▼ + stars: | 2023-06-01 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

The debut of Amtrak's new high-speed trains has been delayed for a third year in a row to 2024. It's due to complications passing federal safety checks on the Northeast Corridor, Amtrak said. The Amtrak tracks between Boston and Washington are notoriously run down. The trains' manufacturer, Alstom, says the culprit isn't the trains themselves, but rather the tracks they're supposed to run on. The Amtrak tracks between Boston and Washington, a high-traffic section known as the Northeast corridor, are notoriously rundown — with some tracks dating back 150 years.

Organizations: Amtrak, Morning, Alstom, Federal Railroad, FRA Locations: Boston, Washington, United States, Europe, Asia

☆ Despite near-term growth concerns, Wall Street analysts view this cloud stock as a long-term A.I. winner
▼ + stars: | 2023-06-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Snowflake should emerge as a long-term artificial intelligence winner despite a host of near-term snowstorms, Wall Street analysts think. The cloud stock dropped more than 16% last Thursday after the company shared product revenue guidance that fell short of consensus expectations and results that indicated slowing growth. Even with these headwinds, many analysts remain positive on Snowflake's long-term trajectory, viewing an acquisition and the transition to the cloud as two catalysts for the stock. Deutsche Bank's Brad Zelnick said in a recent note that AI, among other developments, should drive customer stickiness and improved use cases. A murky future Not everyone seems optimistic about Snowflake's AI potential, however.

Persons: Snowflake, Brent Thill, Piper Sandler's Brent Bracelin, Raymond James, Simon Leopold, Frank Slootman, Goldman Sachs, Kash Rangan, Rangan, Brad Zelnick, Redburn, Alex Haissl, Haissl, — CNBC's Michael Bloom Organizations: Wall Street, Wolfe Research, Snowflake's Summit, Deutsche, Palo Alto Networks Locations: Snowflake, Las Vegas

☆ A Week With the Wild Children of the A.I. Boom
▼ + stars: | 2023-05-31 | by ( Yiren Lu | ) www.nytimes.com time to read: +4 min

Maybe in a few decades from now, we’ll look back at all these seminal A.I. As two analysts at N.E.A., an investment firm, put it in a recent report, generative A.I. But with large language models, incumbents like Google and Microsoft have had a huge head start in both developing the technology and acquiring market share among consumers. Moreover, the capital-intensive nature of training large language models means that smaller companies like OpenAI and Anthropic creating their own large language models have few alternatives beyond making Faustian “partnerships” with tech giants. Beyond the incumbents, one beneficiary might well be the indie hacker, the kind of coder for hire who does niche A.I.

Persons: Mark Cuban, ChatGPT, Diego Basch, “, Sahil Lavingia, ” Organizations: Dallas Mavericks, Twitter, Google, Microsoft, N.E.A Locations: whiteboards, Hillsborough, HF0, S.A.S

☆ This Gen Z founder made an OnlyFans rival that has no nudity and sold it for $65 million
▼ + stars: | 2023-05-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +9 min

He said it sold for $65 million after sites including TikTok "failed" to help creators make money. The 22-year-old certainly doesn't need to live with his folks: He became a millionaire last year after his company, Fanfix, sold for $65 million, according to Crunchbase. It's a model broadly similar to OnlyFans, but with a major difference: it doesn't allow nudity. When SuperOrdinary bought Fanfix, Insider's Geoff Weiss reported that there were plans for product collaborations with the platform's creators. And they took advantage of the creators, and so a massive gap opened up for platforms like Patreon, platforms like us."

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