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☆ Eli Lilly to invest $1.8 billion to expand manufacturing for weight loss, diabetes and Alzheimer's drugs
▼ + stars: | 2024-09-12 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Eli Lilly on Thursday said it will invest $1.8 billion to boost manufacturing for its newly approved Alzheimer's drug and highly popular weight loss and diabetes treatments, among other medicines, in Ireland. Eli Lilly also announced an $800 million facility expansion in Kinsale, Ireland. Eli Lilly has invested more than $20 billion to buy, build and expand manufacturing plants in the U.S. and Europe since 2020. Eli Lilly's main rival in the weight loss drug space, Novo Nordisk , has similarly poured in billions to boost production of its own treatments.

Persons: Eli Lilly, Eli, Edgardo Hernandez, Eli Lilly's Organizations: Novo Nordisk Locations: Indianapolis , Indiana, Ireland, Limerick, U.S, Kinsale, Europe, Novo

Justin Timberlake is headed back to the Hamptons. The Grammy winner will be attending his Friday DWI court hearing in person, a spokesperson for the Suffolk County District Attorney's Office told NBC News on Wednesday. Timberlake, 43, was pulled over on June 18 after driving through a stop sign in the affluent Hamptons area of Long Island a little after 12:15 a.m. During the singer's court appearance last month, he appeared virtually from his Belgium tour stop. The judge suspended his license and also admonished Burke Jr. for “irresponsible” comments made over the summer in which he criticized law enforcement.

Persons: Justin Timberlake, Timberlake, Michael Arkinson, Edward Burke Jr, Burke Jr Organizations: Hamptons, Attorney's, NBC News Locations: Suffolk County, Sag, Long, New York, Sag Harbor, Belgium

☆ Pope Francis arrives in Singapore, last stop on 12-day Asia tour
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

SINGAPORE — Pope Francis arrived in Singapore on Wednesday from East Timor, on the final leg of an ambitious 12-day journey across Southeast Asia and Oceania. The pope will also hold private meetings with President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, and former Prime Minister Lee Hsien Loong. Francis is only the second pope to visit Singapore, following a brief five-hour layover by the late John Paul II in 1986. On landing in Singapore, Francis was met by Edwin Tong, the Minister for Culture, Community and Youth, and received flowers from local schoolchildren. Francis’ 12-day tour has also included stops in Indonesia and Papua New Guinea.

Persons: Pope Francis, Tharman Shanmugaratnam, Lawrence Wong, Lee Hsien Loong, Francis, John Paul II, Edwin Tong, Francis ’ Organizations: Aero Dili, Culture ,, Youth Locations: SINGAPORE, Singapore, East Timor, Southeast Asia, Oceania, Dili, East Timor’s, Rome, Indonesia, Papua New Guinea

☆ PS5 Pro: Sony unveils faster, more powerful PlayStation console, pre-orders to begin September 26
▼ + stars: | 2024-09-11 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +1 min

The PS5 Pro will go on sale on November 7 at $700, about 40% more expensive than the PS 5 when it launched in 2020, Sony said on Tuesday. The newest console will have much more powerful computing power, allowing up to 45% faster rendering for game play, Mark Cerny, lead architect for PS5 Pro revealed in a video presentation. “Simply put, it’s the most powerful console we’ve ever built,” he said. Sales of the PS5 have lagged behind its predecessor, the PS4, of which more than 114 million units had been sold since its launch in 2013. The PS4 had dominated the gaming world and far outpaced its rival Xbox One developed by Microsoft Gaming.

Persons: Mark Cerny, ” Organizations: CNN, Sony, Reuters, Xbox, Microsoft Gaming

☆ Willo, a recruitment tech startup, just raised funding from Mimecast's former CEO using this 19-slide pitch deck
▼ + stars: | 2024-09-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Founded in 2018, Willo provides companies in over 180 countries with technology to conduct and process video interviews for job candidates. This story is available exclusively to Business Insider subscribers. During the COVID-19 pandemic, it pivoted to become a solution for hiring remotely using video technology. The company offers one-way recorded video interviews to help employers get what it describes as unbiased and consistent responses from candidates. "We've grown into a more mature product now, with companies able to interview in many different ways," Euan McCameron, CEO at Willo, told Business Insider.

Persons: —, Willo, Euan McCameron, We're, McCameron, Peter Bauer Organizations: Service, Willo, Prada, Samsung, Toyota, Business Locations: Glasgow, Scotland

☆ Even kids of the ultrawealthy are anxious about inheritance. Here are 4 top questions I get asked as a wealth expert.
▼ + stars: | 2024-09-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

I'm the managing director and head of the Merrill Center for Family Wealth. But often, they aren't sure what success means to those people, perhaps because family members feel uncomfortable talking about it. How can I build my own personal identity, both within and outside the family wealth? Many rising generation members are concerned about how to carve out a path for themselves. When rising generation members interact with friends and colleagues, it can lead to uncomfortable questions about wealth and privilege.

Persons: —, Valerie Galinskaya, we've, I've, We've Organizations: Service, Bank of America, Business, Merrill Center, Family Wealth Locations: New York City, San Francisco

The findings bring the phenomenon — and the controversy — of the latest new and powerful weight loss drugs to the youngest age group yet. The new trial looked at liraglutide, the active ingredient used in two of Novo Nordisk’s older GLP-1 drugs: Saxenda, a weight loss drug, and Victoza, a diabetes drug. So instead of looking at overall weight loss like in adult studies, they decided to focus more on BMI, which takes into account both weight and height. A spokesperson for Novo Nordisk said that it has submitted an application to the Food and Drug Administration to expand the approval of liraglutide for weight loss in children ages 6 to 11. Is 6 too young for a weight loss drug?

Persons: Roy Kim, “, ” Kim, Claudia Fox, Fox, Eli Lilly, ”, liraglutide, ” Fox, Sarah Armstrong, ” Armstrong, comorbidities, it’s, ” Wegovy, Zepbound, Shauna Levy, ” Levy Organizations: New England, of Medicine, Novo Nordisk, Cleveland Clinic, Centers for Disease Control, University of Minnesota, BMI, Food and Drug Administration, American Academy of Pediatrics, Duke University, Tulane Bariatric Center Locations: liraglutide, Ozempic, Ohio, U.S, New Orleans

GOP senators 'hesitant' to mandate IVF coverageBut there is scant evidence of a Republican appetite for that plan in Congress. “I don’t know that we need to go so far as to mandate IVF coverage,” Lummis said. Rep. Jim Banks, R-Ind., a former chair of the conservative Republican Study Committee and a Senate candidate, said he hasn’t seen a Trump policy plan on IVF to evaluate. “I don’t know what that would look like — to make it free.”Democrats say Trump is lying and trying to bamboozle voters. “Donald Trump will say anything that he thinks might be one more vote in favor of Donald Trump.

Persons: WASHINGTON — Donald Trump’s, Trump, “, ”, Marjorie Taylor Greene, aren’t, Greene, isn’t, Sen, Josh Hawley, “ it’s, ” Hawley, hadn’t, ” Trump, “ We’re, it’s, Thom Tillis, we’ve, We’ve, ” Sen, Joni Ernst, Bill Cassidy, Trump hadn’t, ” Cassidy, that’s, It's, Cynthia Lummis, ” Lummis, Karoline Leavitt didn’t, Rand Paul, it'd, ” Paul, you’re, Tim Burchett, Jim Banks, hasn’t, Elizabeth Warren, ” Warren, “ Donald Trump, Donald Trump, Ohio Sen, Vance, Donald Trump’s, ” “ Trump, Katie Britt, ” Britt Organizations: Trump, NBC News, Republicans, Congress, NBC, Republican Party, Republican, Health, Education, Labor, Pensions, Democratic Party, Alabama Supreme, CBS, Democratic, “, GOP, Committee, Senate, Ohio Locations: Iowa, Alabama, Ky

Hours before the ban went into effect, numerous X users expressed how crucial the Brazilian community is to stan Twitter. Several Brazilian stan accounts shared their final posts with the tag #MeuUltimoTweet, or #MyLastTweet, and many have not posted since. The reaction from the international stan community to the Brazilian X ban underscores the contributions Brazilian fans have made to the evolution of online fandom. Brazilian fans have created popular memes, influenced how fans communicate with each other and introduced new terminology, Amado said. “Being a big stan account or an update account feels like it’s very invisible work,” Rodrigues said.

Persons: “, ”, ” Aianne Amado, University of São Paulo, ” Alexandre de Moraes, X, de Moraes ’, Elon Musk, de Moraes, Alexandre Files ”, Ariana, Elon, André Rodrigues, Brazilian Ariana Grande, Amado, Rodrigues, ” Rodrigues, Maria Eduarda, Olivia Rodrigo Brasil, ” Eduarda, it’s, ” Amado, Taylor Swift Organizations: Twitter, University of São, Federal University of Sergipe, Brazilian, NBC News, Musk, Universal Music, Universal Music Group Locations: Brazil, Ariana Grande, Brazilian, Rio de Janeiro

☆ The two words Apple never mentioned at its iPhone 16 event
▼ + stars: | 2024-09-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Apple is wedging AI into its phones like a new U2 album no one asked for. However, given the “Apple Intelligence” highlights the company previewed in June and officially rolled out Monday, investors and customers alike may want to temper their expectations. Even Apple seemed to hedge a bit: It never mentioned the words “artificial intelligence.”The new tools look … fine. Munster expects iPhone sales will exceed Wall Street’s estimates in the coming quarters. The always image-conscious Apple knows better than to fall into the “AI” trap, even if its whole pitch for the new iPhone is AI.

Persons: CNN Business ’, you’ll, Siri, You’ll, ”, Gene Munster, Justin Sullivan, Tim Cook, ChatGPT, Apple Organizations: CNN Business, New York CNN, Apple, Deepwater Asset Management, Munster, Apple Intelligence, Wall, of Hospitality Marketing, Management Locations: New York, Valley, Silicon Valley

☆ Here's why the next move in Apple stock should not be judged solely on Monday's iPhone 16 event
▼ + stars: | 2024-09-10 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The reviews on Wall Street are mixed concerning Monday's iPhone launch event. Apple Intelligence represents a paradigm shift for the company and the iPhone 16 is the ticket into this new generation. That's what will in turn drive demand, both in terms of Apple rolling out Apple Intelligence and developers taking advantage of the new hardware capabilities. The iPhone 16 and the Pro models will be equipped with versions of the new A18 chips. However,even those phones weren't built from the ground up in the way the iPhone 16 is to harness the full power of Apple's AI features.

Persons: Jim Cramer, Bernstein, Jim, Apple, Siri, Ray, Jim Cramer's, Andrej Sokolow Organizations: Apple, Citi, JPMorgan, Apple Intelligence, Nvidia, Microsoft, CNBC, Getty Locations: USA, Cupertino

☆ Starting college life? Here are 5 tips to manage mental health
▼ + stars: | 2024-09-10 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

(CNN) — College students are carrying a lot of baggage with them as they head off to campus this fall — and not just the usual dorm accoutrements. One of the biggest challenges facing students, Roy said, is the same one confronting society at large. Know that relationships will evolveRelationships with family members and friends will likely change during college, Roy said. “Often, what’s needed is a caring, compassionate support system and time to navigate the ups and downs of college life,” she said. We hope these five tips help set up your family for a successful transition to college life.

Persons: Sanjay Gupta, it’s, Dr, Nance Roy, Roy, ” Roy, “ They’ve, ‘, ’ ”, ”, “ Organizations: CNN, — College, US Centers for Disease Control, JED, Yale School of Medicine’s, “, ” Locations: Gaza

We'll show you how to watch the presidential debate from anywhere, including cable, streaming, and free options. How to watch the presidential debate in the USThere are tons of ways to watch the debate live in the US. Sling TV and Fubo are great services to upgrade your live TV viewing options and watch the presidential debate. How to watch the presidential debate in CanadaThe debate will be available to stream through CTV News Live in Canada. Like the first presidential debate, tonight's debate will last 90 minutes.

Persons: Donald Trump, Kamala Harris, David Muir, Linsey Davis, Trump, Joe Biden, Biden, Harris, Trump's, Dana Bash, Peacock, ExpressVPN, Vance, Tim Walz Organizations: Business, National Constitution Center, ABC News, Longtime ABC News, CNN, ABC, MSNBC, Fox News, Fubo, Hulu, NBC, CBS, FOX, Paramount, CTV News, BBC News, BBC, Constitution Center Locations: America, Philadephia , PA, Canada, Philadelphia , PA, Pennsylvania, J.D

☆ ABC News steps into the spotlight with high stakes Trump-Harris debate
▼ + stars: | 2024-09-10 | by ( Hadas Gold | ) edition.cnn.com time to read: +8 min

New York CNN —As Vice President Kamala Harris and former President Donald Trump take the stage Tuesday night in Philadelphia in their first face-to-face meeting, the spotlight will also shine on the host of the debate: ABC News. And Trump’s campaign had already accepted the debate rules as sent out by ABC News’ general counsel. But ABC executives remained confident both candidates would show up, and ultimately, the Harris campaign relented. In the days ahead of the debate, Trump has attacked the network, questioning its impartiality. Both Muir and Davis are experienced primary debate moderators, but neither has moderated a presidential debate between the Democratic and Republican candidates.

Persons: Kamala Harris, Donald Trump, David Muir, Linsey Davis, Harris, Trump, Joe Biden, Harris ’, “, Almin Karamehmedovic, Kim Godwin, ” Trump, Fox News ’ Sean Hannity, Dana Walden, Walden, George Stephanopoulos, ”, Jean Carroll, Carroll, Rachel Scott, incisively, Scott “, Muir, Davis, Rick Klein, “ We’re, CNN’s MJ Lee, Kristen Holmes Organizations: New, New York CNN, ABC, ABC News, Democratic, Disney, CNN, Trump, National Constitution, Fox News, Disney Entertainment, National Association of Black Journalists, Republican, The New York Times Locations: New York, Philadelphia, It’s, Manhattan

☆ Nuclear clocks could surpass precision of atomic ones
▼ + stars: | 2024-09-10 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +9 min

For this nuclear clock, the scientists used ultraviolet light to excite nuclear particles in an atom of thorium-229 embedded in solid crystal. For decades, atomic clocks have been used in GPS technologies, for space exploration and for keeping international time. The study of physics itself could be revolutionized by using nuclear clocks alongside atomic clocks, according to Zhang. “If the nuclear clock and the atomic clock transition frequency ratio is changing over time, it would be an indication of new physics.”Though there is still much progress to be made before nuclear clocks surpass the performance of atomic clocks — or replace them — these findings hint that such a time isn’t far off, Kolkowitz said. “As better UV laser sources are developed and as some of the mysteries and tricks of nuclear clocks get worked out, I expect that eventually some of the kinds of experiments we are currently doing in my lab to test relativity and search for new physics with atomic clocks will instead be performed with nuclear clocks,” Kolkowitz said.

Persons: ”, Chuankun Zhang, Zhang, Olga Kocharovskaya, Kocharovskaya, ” Zhang, Shimon Kolkowitz, Kolkowitz, ” Kolkowitz, What’s, Mindy Weisberger Organizations: CNN, National Institute of Standards, Technology, University of Colorado, Texas, M University, NASA, University of California, Scientific Locations: University of Colorado Boulder, Berkeley

☆ Meet the artist transforming tennis balls into furniture
▼ + stars: | 2024-09-10 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

At least that is the hope of Belgian eco-designer Mathilde Wittock, who fashions bespoke furniture from discarded tennis balls. Wittock’s sleek, modernist chaise longues are entirely cushionless — save for the padding of 500 precisely arranged tennis balls. “I was looking into tennis balls because I played tennis myself, so I know there is a lot of waste.”As an avid tennis player herself, Wittock witnessed the wastage of tennis balls first hand. “I needed to find an assembly that changed the iconic appearance of the tennis balls,” she said. How do I distort that relationship?”The Sound Bounce benches are made of around 270 tennis balls.

Persons: Miu Miu, Tashi Duncan, Mathilde Wittock, ” Wittock, Wittock, Rodolphe de Brabandere, ”, “, Mathilde Wittock Wittock, it’s, “ I’ve Organizations: CNN, Wimbledon, Central Saint Martins, Federation of Wallonia Locations: Belgian, Brussels, “, London, ”, North America

☆ New Starbucks CEO Brian Niccol outlines priorities to end coffee chain's slump
▼ + stars: | 2024-09-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

In some places — especially in the U.S. — we aren't always delivering," Niccol wrote in the open letter addressed to customers, employees and stakeholders. Niccol, who calls himself a long-time Starbucks customer, outlined four areas for improvement: the barista experience, morning service, its cafes and the company's branding. "This is our plan for the U.S., and where I need to focus my time initially," Niccol wrote in the letter. Later, Niccol plans to address its international business, like China, its second-largest market. The coffee giant named Niccol as chief executive in August, in conjunction with the company's ouster of then-CEO Laxman Narasimhan.

Persons: Brian Niccol, Niccol, We're, Laxman Narasimhan, shakeup, he's Organizations: U.S, Starbucks Locations: U.S, China, Gaza

☆ BMW downgrades 2024 outlook over brake issues and weak demand in China
▼ + stars: | 2024-09-10 | by ( ) edition.cnn.com time to read: +1 min

BMW cut its profit margin forecast for the year Tuesday due to sluggish demand in China, its key market, and problems related to a braking system supplied by Continental, sending the carmaker’s shares close to a two-year low. The German luxury carmaker said delivery hold-ups linked to the braking system would have a negative effect on sales in the second half of the year, adding that more than 1.5 million cars were affected. Overall, BMW said, it will incur “a high three-digit-million amount” in warranty costs in the third quarter as a result. BMW also flagged ongoing muted demand in China affecting sales in the country, joining the automakers facing difficulties in the world’s second-biggest economy, which is also the world’s largest auto market. “Despite stimulus measures from the government, consumer sentiment remains weak,” BMW said.

Persons: ” Organizations: BMW, Continental, ” BMW Locations: China

☆ Federal Reserve unveils toned-down banking regulation in victory for Wall Street
▼ + stars: | 2024-09-10 | 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 EmailFederal Reserve unveils toned-down banking regulation in victory for Wall StreetCNBC's Leslie Picker joins 'Squawk on the Street' with breaking news as a top Federal Reserve official unveils an overhaul of the Basel Endgame that will increase the number amount of capital requirements for the largest banks by 9%.

Persons: Leslie Picker Organizations: Federal, Wall

☆ What Trump and Harris’ economic proposals mean for you
▼ + stars: | 2024-09-10 | by ( Elisabeth Buchwald | Matt Egan | ) edition.cnn.com time to read: +9 min

Here’s a look at what could happen to inflation, jobs and the deficit if Trump or Harris win in November. That, among other things, would keep the top tax rate individuals pay at 37% compared to 39.6% before it went into effect. Meanwhile, the tax proposals Harris has put forth so far mostly involve imposing higher taxes, which would have a positive impact on the deficit. For instance, she’s endorsed raising the top individual income tax rate to 44.6% and the top long-term capital gains tax rate to 28% versus the current 20%. Taken together, the Penn Wharton Budget model estimates Harris’ proposals could increase the deficit by an additional $1.2 trillion by 2034.

Persons: Kamala Harris, Donald Trump, Harris, Goldman Sachs, Trump, Warwick McKibbin, Goldman, she’s, ”, Justin Wolfers, Kevin Dietsch, He’s, Elon Musk, She’s, Joshua Gotbaum Organizations: New, New York CNN, Labor Department, Trump, Peterson Institute for International Economics, Gross, University of Michigan, CNN, Federal Reserve, Treasury Department, Wharton Budget, Social Security, Penn, Wharton Budget Model, Penn Wharton Budget, Brookings Institution Locations: New York, United States, Penn

☆ Clean energy sector looks to create even more jobs after the election — regardless of who wins
▼ + stars: | 2024-09-10 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +5 min

While job growth in the sector faces uncertainty after the election, industry watchers say the future of energy production and consumption is always changing. The IRA is projected to generate more than 300,000 jobs annually for new energy project construction and about 100,000 permanent jobs each year, according to EESI. The rate was more than double the growth for the rest of the energy sector and the overall U.S. economy, according to the newly released 2024 U.S. Energy and Employment Report. Recent data from the Department of Energy showed clean energy employment increased by 142,000 jobs last year, accounting for more than half of new energy sector jobs. One sector that faces particular uncertainty after the election is clean energy, which has received a boost from the Biden administration but faced skepticism from Trump.

Persons: — it's, it's, Daniel Bresette, there's, Biden, Kamala Harris, Donald Trump, Nicole Bulgarino, Caroline Leilani Stevenson, Stevenson, Harris, Trump, Joe Biden Organizations: Energy, Environmental, Energy Study Institute, . Energy, Science, Department of Energy, Trump, Ameresco, Department of Defense, Green, Deal, CNN, White, Green New, Economic, of New Locations: U.S, Europe, Ameresco, Honolulu, Maui, New York, of New York

☆ I'm a former director of admissions at Cornell. Here are my 4 tips for writing a successful application for a highly selective college.
▼ + stars: | 2024-09-10 | by ( Ashley Couto | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with John Morganelli Jr., a former Director of Admissions at Cornell University and the current Director of College Admissions for Ivy Tutors Network, about his experience with admission to elite colleges in the United States. If you want to get into a US college and you wait until 10th and 11th grades, you may not have enough time to create the depth in the application you're looking for. Here are my insider tips from working as the director of admissions at Cornell University. Prospective major selection can impact your chancesWhen I was the Director of College Admissions at Cornell, managing institutional priorities was my biggest job. AdvertisementWhen you apply to a university, you first apply to the college: arts and sciences, engineering, or business college.

Persons: —, John Morganelli Jr Organizations: Service, Cornell University, Ivy, Network, Business, NYU, Cornell, Elite, UN, Ivy League Locations: United States

President Donald Trump and his first attorney general, Jeff Sessions, in Quantico, Va., on Dec. 15, 2017. “Please beware that this legal exposure extends to Lawyers, Political Operatives, Donors, Illegal Voters, & Corrupt Election Officials." Since leaving the Trump administration, Clark has argued that the attorney general should not be independent. Davis told NBC News that he does not expect he would fill the role of acting attorney general but that another Trump ally could. Donald Trump, left, and Attorney General William Barr at the White House on May 22, 2019.

Persons: Donald Trump, Trump, “ Trump, ”, Stephen Gillers, Mark Zuckerberg, Jeff Sessions, Evan Vucci, ” Trump, “, Joe Biden, Kamala Harris, Nancy Pelosi, Anthony Fauci, Bill Gates, Jack Smith, Barack Obama, Liz Cheney, Richard Nixon’s, Robert Mueller, general’s, Jeffrey Clark, Jose Luis Magana, Clark, Russ Vought, —, ” Clark, Mike Davis, Sen, Chuck Grassley, Neil Gorsuch, ” Davis, Hillary Clinton, George Soros, Davis, General Merrick Garland’s, Trump’s, Stephen Richer, ” Richer, Ilya Somin, Gene Hamilton, William Barr, Chip Somodevilla, Hamilton, ” Gillers, Zuckerberg Organizations: of Justice, New York University Law School, ”, and Drug Administration, Centers for Disease Control, WIN, Political, Illegal Voters, Democratic National Convention, Republican, Justice Department, White, White House, Democratic, Trump, Conservative Political, DOJ, “, Supreme, Washington , D.C, NBC News, Trump DOJ, Capitol, D.C, FBI, George Mason University, Partisan, America, NYU Locations: Quantico, Va, Oxon Hill, Md, America, Iowa, Washington ,, Albany , Atlanta, New York City, Palm Beach, Phoenix, Fort Pierce , Florida, Lago, Maricopa County , Arizona

Apple on Monday charged into the artificial intelligence craze with a new iPhone lineup that marks the company’s latest attempt to latch onto a technology trend and transform it into a cultural phenomenon. The four different iPhone 16 models will all come equipped with special chips needed to power a suite if AI tools that Apple hopes will make its marquee product even more indispensable and reverse a recent sales slump. Most of Apple’s AI functions will roll out as part of a free software update to iOS 18, the operating system that will power the iPhone 16 coming out in December. English will be the featured language at launch but an update enabling other languages will come out next year, according to Apple. Although Apple is releasing a free version of its operating system to propel its on-device AI features, the chip needed to run the technology is only available on the iPhone 16 lineup and the high-end iPhone 15 models that came out a year ago.

Persons: Siri, Tim Cook, Apple, ”, Paolo Pescatore, OpenAI Organizations: Apple, Samsung, Google, Apple Intelligence, Samsung Galaxy Locations: Cupertino , California, Monday’s

☆ Apple's new iPhone 16 with AI seems ... kind of boring. That could actually be a good thing.
▼ + stars: | 2024-09-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple spent much of the presentation emphasizing how the iPhone 16 was "built from the ground up to deliver Apple Intelligence." For me, the most interesting features coming to Apple Intelligence are the Writing Tools, AI-generated emojis, and the camera's visual intelligence capabilities. He said the keynote video doesn't do the new iPhone 16 lineup justice. AdvertisementThe tech giant reportedly began briefing its retail employees on all things Apple Intelligence weeks before the iPhone 16 lineup launch. It seems to me that Apple is gearing up to have consumers see its new AI tech for themselves before deciding to upgrade.

Persons: —, Tim Cook, it's, Siri, Gene Munster, Munster Organizations: Service, Apple Intelligence, Apple, Business, Google, Wedbush Securities, Deepwater Asset Management, Munster

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