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Read previewInstagram really wants you to try out "notes" — its status feature that harkens back to the instant messaging days of the internet. Adam Mosseri, the head of Instagram, posted about the feature this month with the prompt: "What are notes about?" Meanwhile, creator Walé Oyerinde loves using the notes feature because it's one of the '"lowest effort high impact" ways to boost regular engagement on the app. AdvertisementInstagram launched the "notes" feature in 2022. She wants the notes feature to be visible to everyone who follows her so she can continue building her personal brand and cultivating a more engaged online community.
Persons: , Adam Mosseri, Mosseri, Instagram, Ashley Yuki Alexander, Celine Mili, It's, Jyoti Chand, Walé Oyerinde, I've, Milli, Khamyra, Avalon Zborovsky, Fenter, she's Organizations: Service, AIM, Business, Facebook, Meta Locations: Instagram's
CNBC Daily Open: Nasdaq record, $25 trillion Tesla?
  + stars: | 2024-06-17 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nasdaq recordThe Nasdaq Composite hit its fifth consecutive record close, while the S&P 500 and Dow Jones Industrial Average saw slight declines. Consumer sentiment dropped in June, but hopes for cooling inflation boosted the S&P 500 and Nasdaq by 1.6% and 3.2% respectively for the week. Caterpillar and Boeing dragged down the Dow, while Carnival and Norwegian Cruise Line were the biggest laggards on the S&P 500. Tempus AI debutTempus AI, an AI-driven health-care diagnostics company, rose as much as 15% in its Nasdaq stock market debut.
Persons: Elon Musk, Recep Tayyip Erdogan, Fatih Aktas, Pavan Davuluri, Eric Lefkofsky, Adobe, Shantanu Narayen, Pope Francis Organizations: Turkish, United Nations, UN, Anadolu Agency, Getty, CNBC, Nasdaq, Dow Jones, Caterpillar, Boeing, Dow, Cruise Line, Microsoft, Windows, Google, China, Seven, JPMorgan Locations: New York, United States, Carnival, Russia
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTikTok is rolling out a tool that will allow brands to use AI-generated avatars of real people in ads on the platform. In a demonstration in the announcement post, the company showcased a reel of AI-generated avatars built from apparent TikTok creators who explain why they'll benefit from an AI tool that uses their likenesses. "If this is something that caught on, I'd be very scared for the future of my business," micro influencer Kristen Bousquet told Business Insider in May. TikTok isn't the only Big Tech platform experimenting with AI-generated avatars.
Persons: , SelfMade, Kristen Bousquet, TikTok, creatives —, Meta, Tom Brady, Kendall Jenner, YouTuber Organizations: Service, Business, NBA, Big Tech, Facebook, Microsoft, Apple
Apple's new iOS 18 will make iPhone 14 and later models less reliant on wi-fi or cell connectivity. The company is expanding an emergency satellite messaging feature first introduced with 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 iPhone 14 and later models less reliant on wi-fi or cellular connectivity — and could potentially even make the company less reliant on iPhone sales. The company is expanding an emergency messaging feature, first introduced with iPhone 14, which enabled devices to contact first responders via satellite.
Persons: Organizations: Apple, Service, Business
Apple stops offering buy now, pay later loans in U.S.
  + stars: | 2024-06-17 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Apple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later program that launched last year. The move comes after Apple said it would start allowing installment loans later this year in its Apple Pay checkout process through third-party companies, such as Affirm , and credit and debit cards from issuers, such as Citigroup. Apple said it would no longer issue Apple Pay Later loans, which enabled customers to buy products online and pay in four interest-free installments, at prices up to $1,000. Users with open loans will continue to have access to Apple Pay Later features to manage and pay their loans, Apple said. Before it was discontinued, Apple Pay Later enabled users to apply for loans within the iPhone Wallet app, and approved users would see a "Pay Later" option when checking out online.
Persons: Apple Organizations: Apple, Citigroup, CNBC, Apple Pay Locations: U.S
Read previewIn 2020, the first presidential debate between then-President Donald Trump and former Vice President Joe Biden devolved into a political grudge match, filled with insults. Trump largely disregarded the intended format of the debate by constantly interrupting Biden. But the 2024 election debates between Biden and Trump are poised to be much more structured and less chaotic. And microphones will be muted for both Biden and Trump when the opposing candidate is speaking. The debate will also be held just a few weeks before Trump, 78, is due for his sentencing in Manhattan.
Persons: , Donald Trump, Joe Biden, Trump, Biden, Chris Wallace, Jake Tapper, Dana Bash, Robert F, Kennedy Jr, Stormy Daniels Organizations: Service, Fox News, Business, Biden, CNN, Trump, New York Times, The Times Locations: Atlanta, Arizona , Georgia, Michigan, Wisconsin, North Carolina, Israel, Manhattan
D'Aungilique Jackson, of Fresno, California, holds a "Cancel Student Debt" sign outside the U.S. Supreme Court in Washington, D.C., after the nation's high court struck down President Joe Biden's student debt relief program on Friday, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images'A common-sense fairness question'"There is a common-sense fairness question when it comes to erasing student debt," Griffin wrote in an email to CNBC. "Our priorities should be preventing and alleviating student debt, rather than insisting on a narrative of personal responsibility." So student loan forgiveness may affect more Democrats than Republicans directly." Some who oppose student loan forgiveness view education as a private commodity that benefits the person who purchases it."
Persons: D'Aungilique Jackson, Joe Biden's, Kent Nishimura, Griffin, Kate Padgett Walsh, they've, Padgett Walsh, Devin Singh, Singh, there's, Charlie Eaton, haven't, Eaton Organizations: U.S, Supreme, Washington , D.C, Los Angeles Times, Getty, CNBC, Biden, Valuable Education, Iowa State University, Dartmouth College, Democratic, University of California Locations: Fresno , California, Washington ,, Arkansas, Merced
Opinion | Men and Women, Together and Solo
  + stars: | 2024-06-16 | by ( ) www.nytimes.com   time to read: 1 min
To the Editor:Re “Less Marriage, Less Sex, Less Agreement,” by Nicholas Kristof (column, May 30):Women’s discontent with marriage is not new; it just became more obvious because the availability of both birth control and abortion freed women to express their discontent by either not marrying or not remarrying. Recently the number of women who are choosing not to marry has reached a level that is alarming to those who become anxious when the power of traditional hierarchies weakens. So it’s not surprising that a prominent feature of the MAGA movement is an effort to bully women back into dependency by appointing Supreme Court judges willing to revoke their access to abortion and perhaps also birth control. This bullying gets dressed up in religious rhetoric that ignores the obvious truth that our freedom of religion must always include freedom from others’ religious convictions.
Persons: Nicholas Kristof, it’s, MAGA
"Inside Out 2" debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film and the first film since Warner Bros.' "Barbie" to top $100 million during its debut. Of note, Disney does not consider its 2019 live-action remake of "The Lion King," which generated $191.7 million during its debut, an animation film. "Let's issue a collective 'welcome back' to Disney, Pixar, and the summer box office," said Shawn Robbins, founder and owner of Box Office Theory." Typically, these films average $100 million to $200 million openings, with 2019's "Avengers: Endgame" hitting a record $357.1 million. It boasts the biggest domestic debut of 2024, surpassing "Dune: Part Two" and its $82.5 million in opening weekend ticket sales.
Persons: King, Shawn Robbins, Robbins, Paul Dergarabedian, Guy, Comscore's Dergarabedian, Disney, Hunter Organizations: Disney, Pixar, Warner Bros, Walt Disney Animation, Marvel, Labor, Comcast, CNBC Locations: North America, Comscore, NBCUniversal
Greece is building what's billed as Europe's largest and greenest smart city close to Athens. Ellinikon's developers say they're trying to construct a "zip-code paradise." AdvertisementGreece is building Europe's largest and greenest smart city in an $8 billion project that's been more than a decade in the making. Its developers told Business Insider they're trying to construct a "zip-code paradise" that merges scenic coastline views with tech-savvy and eco-friendly infrastructure. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business Locations: Greece, Athens
Spain’s Lamine Yamal made history on Saturday by becoming the youngest player to appear at a men’s European Championship when he took to the field against Croatia at Euro 2024. At 16 years and 338 days old, Yamal surpassed the previous record set by Poland’s Kacper Kozłowski, who was 17 years and 246 days old when he played against Spain at Euro 2020. Yamal already holds the records for being the youngest player to feature for Barcelona and the youngest player to start a match in La Liga in the 21st century. “I think he’s so mature and can already make the difference for us,” former Barça head coach Xavi recently told reporters of Yamal. “We have to take care of him, but I think he’s ready and I’m not afraid to trust youth.”
Persons: Yamal, Poland’s Kacper Kozłowski, Dani Carvajal, It’s, Xavi, Organizations: CNN, Croatia, Spain, La Liga, Champions League Locations: Barcelona, Barça’s, Spain
As pro athletes deal with the ramifications of betting on games, a growing number of people are also grappling with mental health issues associated with sports betting. Gambling addiction hotlines across the country have reported a huge surge in traffic in recent years. Texts and chats to the National Problem Gambling Helpline have increased around 800% since 2018 while call volume grew nearly 80%. The annual national social cost of problem gambling — including job loss and gambling-related criminal justice — amounts to around $14 billion, according to the National Council on Problem Gambling. In January, Sen. Richard Blumenthal and Rep. Andrea Salinas introduced the Gambling Addiction Recovery, Investment, and Treatment Act, which would use federal funding to treat and study problem gambling.
Persons: Tucupita, Jontay Porter, Robert Manfred, , There’s, LeBron James, , Charlie Baker —, National Collegiate Athletic Association —, Sen, Richard Blumenthal, Andrea Salinas Organizations: CNN, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, MLB, US, State helplines, of Ohio, National Council, Sports, American Gaming Association, Leagues, NBA, ESPN, National Collegiate Athletic Association, Investment Locations: New Jersey, Nevada, Washington, DC, Massachusetts, Las Vegas
Just about 41 miles north of Dallas lies Celina, a small North Texas town that is America's fastest-growing city. Downtown Celina, Texas. Their metamorphosis into sprawling suburban metropolises has been greatly influenced by the ongoing expansion of the North Texas Tollway, which has increased accessibility to the previously remote cities. AdvertisementNew businesses are moving into the cityWith more people living in the city, Celina's economy is also growing as local businesses and services benefit from increased demand. However, Joe Monaco, director of marketing and communications for the city of Celina, told BI that there were "countless volunteers who came out."
Persons: There's, Katy, Ryan Tubbs, Celina, Celina Alcynna Lloyd, Taylor Morrison, Toll, Tubbs, Bankrate, Casas, Aaron Graham, Graham, They're, Tracy Miller, Celina —, Miller, Alcynna Lloyd, , Sandy Lewis, It's, Celina ., Joe Monaco Organizations: Business, Downtown, Houston, homebuying, North Texas Tollway, Tollway, North Texas Tollway Authority, Celina, Highland Homes, Texans, Homes, Olympic, JC, Real, Group, Mustang, Highland, Little Elm, Troubadour, Celina's, Centurion American Development Group, Dallas, WFAA Locations: Dallas, Celina, North Texas, Collin County, Texas, California, Florida, Georgia , Illinois, Missouri, Africa, Asia, Central America, Europe, Downtown Celina , Texas, Celina Texas, United States, Austin, Celina , New Braunfels, Prosper, Frisco, Plano, Frisco ., Highland, Celina —, Wilson Creek, Cambridge, East Coasts, New York
About 40 miles north of downtown Dallas lies America's fastest-growing city: Celina, Texas. Highland Homes, which specializes in luxury homes within master-planned communities, has built several neighborhoods in Celina since 2020. Downtown Celina, Texas. New businesses are moving into the cityWith more people living in the city, Celina's economy is also growing as local businesses and services benefit from increased demand. However, Joe Monaco, director of marketing and communications for the city of Celina, told BI that there were "countless volunteers who came out."
Persons: Katy, Ryan Tubbs, Celina, Prosper, Alcynna Lloyd, Taylor Morrison, Toll, Bankrate, Casas, Aaron Graham, Graham, wasn't, Redfin, They're, Tracy Miller, Celina — it's, Miller, Tubbs, Dallas —, Sandy Lewis, It's, Joe Monaco Organizations: America's, Business, Houston, North Texas Tollway, Tollway, North Texas Tollway Authority, Celina, Highland Homes, Texans, Olympic, JC, Real, Group, Highland, Dallas, Troubadour, Development Group, WFAA Locations: downtown Dallas, Celina , Texas, Celina, Collin County, Texas, California, Florida, Georgia , Illinois, Missouri, Africa, Asia, Central America, Europe, Celina Texas, United States, Austin, Dallas, Celina , New Braunfels, North Texas, Frisco, Plano, Frisco ., Prosper, Highland, Celina ., Mustang, Cambridge, Wilson, Celina's, East Coasts, New York, Little Elm , Texas
AdvertisementGoogle notes that "Generative AI is experimental" in AI Overviews. Google is far from the only company figuring out the risks of generative AI products. Microsoft also said on Thursday that it would hold off on launching an AI tool intended to be available when its CoPilot PCs ship after privacy concerns arose. The alternative is to be more gradual about releasing features and not place them at the center if they're not fully ready, he said. But while generative AI isn't fully bulletproof at the moment, it's important to balance timing with innovation and accuracy, Yamin said.
Persons: , Liz Reid, Reid, they're, Gaingels Lorenzo Thione, Thione, Tim Cook, Copyleaks Alon Yamin, Yamin Organizations: Service, Big Tech, Google, Business, CNBC, Apple Intelligence, Microsoft
President Biden’s campaign expects to collect more than $28 million at a gala Los Angeles fund-raiser packed with celebrities on Saturday night in a Hollywood show of force. Air Force One was expected to land in Washington only long enough to refuel for the continuing flight. The travel across 10 time zones illustrated the competing presidential and political demands on Mr. Biden’s time as the campaign against former President Donald J. Trump accelerates. Aides said the taxing schedule made clear that even at age 81, he still demonstrates the endurance to manage his many duties. The $28 million haul anticipated from Saturday’s event was set to break a party record, overtaking the $26 million Democrats brought in from a fund-raiser in March in New York featuring Mr. Biden along with Mr. Obama and former President Bill Clinton.
Persons: Biden’s, Biden, Barack Obama, George Clooney, Julia Roberts, Jimmy Kimmel, Donald J, Trump, Obama, Bill Clinton Organizations: Jimmy Kimmel . Air Force, Mr Locations: Los Angeles, Italy, Washington, New York
Read previewTim Cook unveiled Apple's generative AI strategy, which it calls "Apple Intelligence," at its Worldwide Developer Conference earlier this week. At its biggest conference, Apple revealed a bunch of cool AI features that will be launched through its upcoming software update, iOS 18, and on its latest Mac and iPad operating systems. Apple said Mail is also getting a "Smart Reply" boost, which will offer suggestions for automatic responses. It will also have a "Reduce Interruptions" feature that Apple says will "help users stay present" in whatever they are focused on. Record and transcribe audio files in the Notes appNotes is getting an AI boost.
Persons: , Tim Cook, Apple, Siri, Siri's, You'll Organizations: Service, Apple Intelligence, Worldwide, Apple, OpenAI, Business
Disney | PixarDisney is looking to bring a little joy to theaters with its upcoming release of Pixar's "Inside Out 2." For comparison, 2019's "Toy Story 4" generated $12 million on its Thursday previews and snared $120.9 million for its opening weekend. Only a rare few films would extend beyond that date — usually massive franchise films or blockbuster hits. "Ninety-day windows were always going to be unsustainable," said Jeff Kaufman, senior vice president of film and marketing at Malco Theaters. Box office experts are looking to "Inside Out 2" as a barometer for the health of Pixar and its future.
Persons: Disney, Jeff Kaufman, Daniel Loria, Loria, There's, Scarlet Johannson, Sean Gamble, Luca Organizations: Disney, Pixar Disney, Warner Bros, Pixar, Universal, Malco, Box Office Company, Studios, Hollywood, Lionsgate, Universal —, Paramount, Sony, Fox, Searchlight —, Marvel, Walt Disney Animation Locations: United States, Canada, North America, U.S
The Vatican’s meeting on the global debt crisis last week was not quite as celebrity-studded as the one that Pope John Paul II presided over 25 years ago, when he donned sunglasses given to him by Bono, U2’s lead singer. Emerging nations are contending with a staggering $29 trillion in public debt. Fifteen countries are spending more on interest payments than they do on education, according to a new report from the United Nations Conference on Trade and Development; 46 spend more on debt payments than they do on health care. Unmanageable debts have been a recurring feature of the modern global economy, but the current wave may well be the worst so far. Overall, government debt worldwide is four times higher than what it was in 2000.
Persons: Pope John Paul II, Bono, Francis, Organizations: United Nations Conference, Trade
Microsoft has scaled back its Recall AI feature for Copilot+ PCs. Google and Adobe have also rolled back some of their big AI releases following backlash. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn its race to do more with AI, Big Tech has been moving fast — and then rolling back big moves. On Thursday, Microsoft said it will withdraw an AI tool from its new line of computers called Copilot+ PCs.
Persons: Organizations: Microsoft, Google, Adobe, Service, Big Tech, Windows, Business
Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Microsoft plans to make the AI feature available on all Copilot+ PCs soon after they receive feedback through WIP. Microsoft first introduced the Copilot+ PC on May 20 as a computer designed to run advanced AI programs, including Recall. Recall is an AI tool that regularly takes screenshots to create a record of activity, allowing users to search for their previous actions. Microsoft's decision to delay Recall follows heightened concerns around security as the AI field evolves rapidly.
Persons: Satya Nadella, Pavan Davuluri Organizations: Microsoft, Windows, Industry Locations: Redmond , Washington, U.S
AdvertisementPaying subscribers can message MacNaughton directly through Substack's chat feature and share artwork and feedback with her community. DrawTogether's total number of paying subscribers has more than doubled since introducing chat, McNaughton said. Before Substack, MacNaughton already had an online following, which she said contributed to the success of her Substack. Using the chat feature, Zukhovich interacts directly with her paying subscribers, who share what they cooked that week or ask for recipe ideas using certain ingredients. Before Substack's chat feature, MacNaughton encouraged her audience to share their work with her on Instagram.
Persons: , Wendy MacNaughton, DrawTogether, she's, McNaughton, MacNaughton, Jasmine Sun, Katie Zukhovich, Zukhovich, Substack, I'm Organizations: Service, Business, Substack Locations: MacNaughton
CNN —An Australian teenager of Samoan heritage has been announced as the star of the upcoming live-action version of the hit Disney movie “Moana.”Seventeen-year-old Catherine Laga‘aia has been cast as the eponymous heroine of the movie, which begins filming this summer. She is no stranger to showbiz, however, as her father is Jay Laga‘aia, a New Zealand-born actor who starred in two of the “Star Wars” movies. He is also one of the movie’s producers, alongside, among others, “Hamilton” creator Lin-Manuel Miranda, who wrote much of the original movie’s soundtrack. Auli’i Cravalho starred as Moana in the original film, along with Rachel House, Nicole Scherzinger and Temuera Morrison. Disney has successfully reimagined several of its animated classics as live-action movies, beginning with “Beauty and the Beast” in 2017, followed by “Aladdin” and “The Lion King” in 2019 and “The Little Mermaid” last year.
Persons: Catherine Laga‘aia, , Alice Hart, Sigourney Weaver, Jay Laga‘aia, Dwayne Johnson, “ Hamilton, Lin, Manuel Miranda, Laga‘aia, , Moana, Tuai, I’m, Katie, Lin Manuel Miranda, John Tui, Frankie Adams, Rena Owen, Gramma Tala, Thomas Kail, “ Hamilton ”, Johnson, Auli’i Cravalho, Rachel House, Nicole Scherzinger, Temuera Morrison, “ Aladdin ”, King ” Organizations: CNN, Pacific Islanders, Disney, Samoa, Broadway, Nielsen Locations: Motunui, New Zealand, Maui, Sydney, Fa‘aala, Savai‘i, ‘ Upolu, Samoa, Australia, Moana, Zealand
Honor on Thursday launched its first flip foldable phone as the Chinese electronics maker looks to step up its challenge in the high-end market against major players like Samsung . CNBC first reported in February that an Honor flip phone was going to launch this year. The global foldable market grew 49% year-on-year in the first quarter of 2024, faster than the overall smartphone market. The Magic V Flip will go up against similar devices from the likes of Oppo, Vivo and Samsung. While the Magic V Flip is only launching in China, Honor has often brought a lot of its devices to international markets.
Organizations: International Data Corporation, Samsung, Huawei, Apple, CNBC Locations: China
The new Passwords app for iPhone, iPad, Vision Pro, Mac and Windows, lets users store all of their passwords, including verification codes, app passwords, Wi-Fi passwords, Passkeys and more. Its new Passwords app, introduced at Apple's WWDC 2024 earlier this week, is one more solution to help protect online accounts and manage multiple logins. Password managers, like the Apple Password app, log different passwords, passcodes and logins securely under a safe account. You can't underestimate the amount of effort they will put into making sure that is locked down, and those are all tied into Apple IDs, Apple passwords. Apple Intelligence, its entry into AI, will leverage cloud-based models on special servers using Apple Silicon to ensure that user data is private and secure.
Persons: Cser, Gadjo Sevilla, eMarketer, That's, Andras Cser, Forrester, Security.org, LastPass, Sevilla, Siri, Elon Musk, We're, John Giannandrea Organizations: Windows, IBM, Apple, Google, Microsoft, iOS, Facebook, OpenAI, Apple Intelligence, Machine Locations: WWDC
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