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☆ We tried TikTok's new music streaming app. Here's how it could win over users — and what it needs to fix.
▼ + stars: | 2023-08-14 | by ( Kai Xiang Teo | Dan Whateley | ) www.businessinsider.com time to read: +3 min

Now, it's using that influence to kick-start its own music-streaming app, TikTok Music. Like TikTok's interface, TikTok Music includes a "For You" feed of recommended content. It's still very early days for TikTok Music, and its rivals have a big headstart — Apple Music and Spotify are each in more than 100 countries. But other relative newcomers like YouTube Music have shown there's room to break into music streaming, particularly for platforms that can leverage another popular app to drive sign-ups. TikTok has not yet said when TikTok Music will roll out to other countries including the US.

Persons: TikTok, Tatiana Cirisano, Cirisano, It's, MIDiA Organizations: Spotify, Apple Music, MIDiA Research, TikTok, TikTok Music, YouTube Locations: Singapore, Brazil, Indonesia, Australia, Mexico

☆ A busted Russian warship may not have seen an exploding Ukrainian drone boat coming, hinting at problems that have plagued Russia throughout its war
▼ + stars: | 2023-08-09 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +9 min

A Russian warship was struck by a Ukrainian drone boat that it doesn't appear to have seen coming. Just a few days before this attack, Russian vessels were fighting off drone boats in another incident. "It just seems very strange they didn't respond at all to the incoming drone boats," Clark added. The Russian ship may have assumed it was safe in Novorossiysk, given that the port is roughly 350 miles from the Ukrainian port city of Odessa, but it shouldn't have. The reach of Ukraine's drone boats was hardly a secret.

Persons: Russia's, —, Sutton, it's, Cole, Bryan Clark, Clark, OZAN KOSE Organizations: Service, Ukraine, Russian, —, CNN, US Navy, Navy, Hudson Institute, Getty Locations: Russian, Ukrainian, Russia, Wall, Silicon, Novorossiysk, Moskva, Istanbul, AFP, Sevastopol, Odessa, Ukraine

☆ Struggling to hire? Just one day of remote work a week could make a big difference.
▼ + stars: | 2023-08-08 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

The analysis found that the fully remote companies in the study had head-count growth rates over double those of fully in-person companies. The findings were released against a backdrop of many major companies requiring employees to return to the office full time. This push may lead thousands of Americans to look for work at more flexible companies to avoid expensive commutes and childcare. The study found the average company requiring in-office work asked staff to come in just over 2.5 days a week. Over the 12-month period, fully flexible and structured-hybrid companies grew their workforce by more than double the rate of full-time in-office companies.

Persons: Goldman Sachs, Nicholas Bloom Organizations: Service, Scoop Technologies, Data Labs, JPMorgan, Apple, Society for Human Resource Management, Stanford, Disney, Company Locations: Wall, Silicon

☆ Biden's efforts to make it easier for defrauded student-loan borrowers to get debt relief were blocked by a conservative court
▼ + stars: | 2023-08-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Fifth Circuit blocked Biden's new rules to ease the debt relief process for defrauded borrowers. The changes to borrower defense are now blocked as the legal process plays out. The rules would create a more streamlined application process for borrowers seeking debt relief, along with expanding the types of misconduct that would qualify a borrower for a loan discharge. "Defrauded borrowers are legally entitled to relief and their institutions should be held accountable," he said. For now, the department's new rules for borrower defense will be blocked as the legal process proceeds.

Persons: Joe Biden's, Ronald Reagan, Donald Trump —, CCST, Aaron Ament, Jason Altmire, — Organizations: Circuit, Service, Fifth Circuit, Colleges, Schools of Texas, Education Department, The Education Department, Student Defense, Education Colleges, Universities — Locations: Wall, Silicon

☆ The new 'tone deaf' Bob Iger might just be focused on a Disney and Apple M&A
▼ + stars: | 2023-08-02 | by ( Peter Csathy | Fearless Media | ) www.businessinsider.com time to read: +6 min

Fearless Media is a newsletter about the future of entertainment, media, and tech by Creative Media chairman Peter Csathy . Disney CEO Bob Iger's comments regarding the strikers may hint at his deeper M&A state of mind. For the past decades, Disney CEO Bob Iger has been perhaps the most revered media and entertainment titan, beloved by both employees and Wall Street — a rare feat and balancing act to be sure. SAG President Fran Drescher joined voices across entertainment in calling Iger's comments "tone deaf" and rich for someone who reportedly makes more than 500 times the median salary of Disney employees. Peter Csathy is the founder and chairman of Creativie Media and an internationally recognized media, entertainment, and tech expert.

Persons: Peter Csathy, Bob Iger's, Iger, Bob Iger, —, Fran Drescher, Iger's, Sun, Tim Cook —, Steve Jobs, Rupert Murdoch, Palminteri, Keyser, doesn't bode, Read Organizations: Creative Media, Disney, Morning, Fearless Media, SAG, Mouse House, Marvel, Pixar, Apple, Wall, Fox Television, Wall Street, Hollywood, Creativie Media Locations: Sun Valley, Nice

☆ The strange, improbable rise of Mark Zuckerberg 3.0
▼ + stars: | 2023-07-30 | by ( Kali Hays | ) www.businessinsider.com time to read: +27 min

In early July, Mark Zuckerberg unveiled the latest and perhaps most consequential product in Meta's history: a new model of Mark Zuckerberg. Silicon Valley Zuck was a husband and father with a legacy to build and protect at all costs. Silicon Valley Zuck was suddenly faced with something he'd never dealt with before, shrinking revenue. Still clinging to his persona as Silicon Valley Zuck, Zuckerberg engaged in an all-out media blitz to hawk his vision for the metaverse. They were the sort of people Harvard Zuck would have scoffed at and Silicon Valley Zuck would have gently ignored.

Persons: Mark Zuckerberg, Elon Musk, Joe Rogan, Zuckerberg, Clark Kent, TikTok, Sheryl Sandberg, Mike Schroepfer, Wall, McKinsey Zuck, Rogan, Meta, Harvard Zuck, —, Priscilla Chan, Ray's, pullover, Harvard Zuck —, Dianna, Mick, McDougall, Paul Sakuma, Zuckerberg's, Apple, Facebook, he'd, That's, Frances Haugen, Chris Cox, Zuck, Zach Gibson, Meta's, Sandberg, Marne Levine, who'd, Javier Olivan, he's, bode, Bain, Maher Saba, Lori Goler, He's, He'd, Katie Harbath, it's, Andrew Bosworth, Bosworth, Mark Zuckerberg McKinsey Zuck, Mark Shmulik, Bernstein, Augustus, Julius Caesar, Kali Hays Organizations: Meta, Menlo, Harvard, Apple, McKinsey, Business, Facebook, Cambridge, Capitol, Labs, Menlo Park, Q, Bain & Company, Reality Labs, Wall, Mark Zuckerberg McKinsey, Phillips Exeter Academy, Tech, Twitter Locations: California, Hawaii, United States, Davos, Silicon, contrition, Meta, verbiage, Harvard, Rome

☆ Twitter users are joking that they're embarrassed by Elon Musk's new 'X' logo, saying it looks like it belongs on a porn site
▼ + stars: | 2023-07-25 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Twitter users are not so pleased about Twitter's new logo "X" because it looks like a porn website. Comedy writer Jesse McLaren dissed the new logo in a tweet posting an image of various websites with the "X" logo and wrote: "These are all porn except one. I didn't know about your rebrand idea and was looking for Twitter Verified, and scrolled right past your X logo, thinking it was a porn site. Users have even drawn comparisons with the logo of adult streaming site XVideos, which has been trending on Twitter since Sunday. Police halted workers in the middle of removing the "Twitter" sign from its San Francisco headquarters, leaving behind only the letters "er" at present.

Persons: Elon Musk, Musk, Jesse McLaren dissed, it's, Parker Lyon Organizations: Twitter, Users, PayPal, Police, San, Meta Locations: San Francisco

☆ Elon Musk's Twitter renamed its conference rooms 'eXposure' and 's3Xy' to go with his 'X' rebrand: New York Times
▼ + stars: | 2023-07-24 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

On Monday, Elon Musk rolled out a major rebrand of Twitter as "X." The "X" logo has popped up all over the site and on the side of the company's main offices. The conference rooms at Twitter headquarters were even renamed to "eXposure" and "s3Xy," the New York Times reports. To reflect Twitter's new Elon Musk-fueled rebrand as "X," the company is changing inside and out — even down to the names of its office conference rooms. He also projected a massive "X" logo onto the side of Twitter headquarters in honor of the unveiling.

Persons: Elon Musk, Musk Organizations: Twitter, New York Times, Morning, Elon, San Locations: San Francisco

☆ A 5G-powered app could be the solution to muddy speakers at concerts and sporting events — but it's not for everyone
▼ + stars: | 2023-07-17 | by ( Kristina Etter | ) www.businessinsider.com time to read: +5 min

Mixhalo is an app that streams sound directly from the mixing board to concertgoers' earphones. The audio platform Mixhalo is leveraging 5G to deliver high-quality audio directly to event attendees' earbuds in real time. A user checks the Mixhalo app at an LA Football Club game. And sync issues between the live sound and the app can also happen, particularly when using wireless or Bluetooth headphones. For sports fans, Mixhalo is in use by the Los Angeles Football Club, the Sacramento Kings, and at NASCAR events.

Persons: Mike Einziger, Ann Marie Simpson, Corey Laplante, Mixhalo, Reddit, Laplante, Sting Organizations: 5G, LA Football, Apple, Incubus, Stern Grove Festival, Los Angeles Football Club, Sacramento Kings, NASCAR Locations: San Francisco, Las Vegas, Sacramento

☆ Montana GOP Senate candidate's old Facebook includes lewd photos of women, racist costumes, and homoerotic jokes
▼ + stars: | 2023-07-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Montana GOP Senate candidate Tim Sheehy's old Facebook profile is full of questionable photos. Screenshot/Tim Sheehy's FacebookOne week earlier, Sheehy posted a photo of a woman posing on exercise equipment with one nipple exposed. Screenshot/Tim Sheehy's FacebookOther photos appear to show Sheehy partying with friends while a student at the Naval Academy. "Well hey, at least you don't look like Sam here [sic]," Sheehy wrote, possibly referring to the woman in the photo. Screenshot/Tim Sheehy's FacebookSheehy (right) and other students posing in a homoerotic manner in a dorm room.

Persons: Tim Sheehy's, Sheehy, Tim Sheehy, They'd, Sen, Jon Tester, who've, Matt Rosendale, That's, Timothy Patrick, —, Carmen Sheehy, Carmen, Sheehy's, carmen, Saddam Hussein, Kim Jong Il, KIM, Hussein, Carmen —, weiner, Sam, Sheehy's Facebook Sheehy, Katie Martin, Tester, Ben Terris, Terris, Martin Organizations: Montana GOP, Facebook, Service, US, Republicans, Navy, Republican, US Army Ranger School, US Naval Academy, Naval Academy, Sheehy's Facebook Locations: Montana, Wall, Silicon, Georgia, Maryland, American, North Korean, Afghanistan, Fort Benning , Georgia

☆ Threads Becomes Most Rapidly Downloaded App, Raising Twitter’s Ire
▼ + stars: | 2023-07-06 | by ( Mike Isaac | More About Mike Isaac | ) www.nytimes.com time to read: +1 min

Another two hours later, five million people had downloaded Threads. When he woke on Thursday morning, the app had been downloaded more than 30 million times, he said. In less than a day, Threads — which is aimed as a rival to Twitter — appears to have taken the crown as the most rapidly downloaded app ever. It easily outstripped ChatGPT, the chatbot, which was downloaded one million times within its first five days, according to OpenAI, ChatGPT’s maker. Some of Twitter’s most-followed users — such as Ellen DeGeneres, Bill Gates, Shakira and Oprah Winfrey — immediately joined Threads and began posting.

Persons: Mark Zuckerberg, Zuckerberg, Twitter —, Ellen DeGeneres, Bill Gates, Shakira, Oprah Winfrey — Organizations: Meta, Twitter Locations: OpenAI

☆ AI classes at Stanford have doubled over the past five years — showing just how fast the tech is taking over. Here's what students and professors are talking about on campus.
▼ + stars: | 2023-07-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +10 min

Stanford students say interest in generative AI has already surpassed the crypto hype. Now, since OpenAI released ChatGPT in November, interest in AI on campus has surged, more than a dozen Stanford students and faculty told Insider. By the 2022-2023 school year, that number jumped to 140, with 14 courses that specifically touched on "generative AI." Sid SharmaSiddharth Sharma, a sophomore majoring in computer science, said those doubts haven't yet swept through campus. Bryan Chiang, a senior majoring in computer science, recently built an AI-powered monocle called RizzGPT.

Persons: Stanford, OpenAI, Rishi Bommasani, Sophie Fujiwara, Sophie Fuji, Isabelle Levent, Levent, ChatGPT, Ben Margot, Bryant Lin, Lin, Peter Norvig, —, Norvig, Siddharth Sharma, Sid Sharma Siddharth Sharma, Bryan Chiang, Chiang Organizations: Morning, Stanford University, Stanford, Big Tech, Google, Yahoo, Stanford Center for Research, brunch, CS 224N, Stanford Daily, Stanford's Institute for, Twitter, Microsoft Locations: Silicon Valley, —

☆ Chief Justice Roberts hasn't become less conservative. He's just more concerned with the Supreme Court's legacy than partisanship.
▼ + stars: | 2023-07-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Chief Justice John Roberts voted with the liberals on the Supreme Court in key cases this term. Hardline conservatives have soured on the chief justice for his opinions siding with the Court's liberal justices in recent years. "Roberts' is the one whose name will be attached to this — it is the Roberts Court. The Times found in this term, the chief justice voted less often with the conservative majority and voted with liberal Justice Elena Kagan 14% more than the last term. "And I think Roberts perhaps has more of a concern with that kind of perspective because he's in the Court's center chair, because his name is attached to it, because it's his legacy."

Persons: John Roberts, SCOTUS, Roberts, —, Roberts —, George W, Bush, William Rehnquist —, Justin Crowe, Crowe, I'm, Clarence Thomas, Samuel Alito, hasn't, Elena Kagan Organizations: Service, GOP, Williams University, Washington Post, The New York Times, Times

☆ Election campaigns are already using AI with some degree of success. Experts are concerned it will usher in a new era of disinformation.
▼ + stars: | 2023-06-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Political campaigns are using AI to create election material, attack ads, and donation requests. —DeSantis War Room 🐊 (@DeSantisWarRoom) June 5, 2023Campaigns, ranging from mayoral races to the 2024 presidential election, have already been using artificial intelligence to create election ads or outreach emails — with some reportedly seeing benefits in the tool. Beyond fake images, West wrote that artificial intelligence could also be used for "very precise audience targeting" to reach swing voters. During his first appearance before Congress in May, the CEO of OpenAI, which created ChatGPT, admitted his concerns about the use of artificial intelligence in elections as the tool advances. "This is a remarkable time to be working on artificial intelligence," he said.

Persons: —, Ron DeSantis's, Donald Trump, Anthony Fauci, ike, ake, ould Organizations: Service, National Institute of Allergy Locations: Florida

☆ California birdwatchers watched a bald eagle adopt a baby hawk — a behavior that's been recorded in the wild only 4 other times
▼ + stars: | 2023-06-24 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +2 min

A female bald eagle abducted Tuffy, a baby hawk, from his nest and began caring for him as her own. This behavior has only been spotted in the wild four other times, the Los Angeles Times reports. This behavior — strange, according to experts, because eagles prey on hawks — is even more exciting for bird enthusiasts because it has only been seen in the wild four other times, the Los Angeles Times reports. Doug Gillard — former Olympian hammer thrower turned birdwatcher — was the first to spot the strange family in a Bay Area forest, and has nicknamed the baby hawk Tuffy. He now lives with his adoptive parents and their child, whom Gillard nicknamed Lola, according to the Los Angeles Times.

Persons: Tuffy, —, Doug Gillard —, birdwatcher —, Gillard, Lola Organizations: Los Angeles Times, Service, Tuffy Locations: California

☆ Trump has to keep his mouth shut about the evidence turned over in his classified documents case, judge rules
▼ + stars: | 2023-06-19 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

On Friday, prosecutors on Donald Trump's classified documents case asked that discovery materials be kept confidential. A protective order on discovery materials is standard, and Trump's lawyers did not object to the request. "The Discovery Materials, along with any information derived therefrom, shall not be disclosed to the public or the news media," Reinhart's order reads. Requesting a protective order on discovery evidence is standard practice in federal cases. Lawyers for Trump and Nauta did not object to the motion, prosecutors said last week.

Persons: Donald Trump's, Bruce Reinhart, —, Donald Trump, Walt Nauta, Bruce Reinhart —, Trump, Nauta, Reinhart's Organizations: Federal, Service, Prosecutors, FBI, Mar, Lago, Trump

☆ DeSantis claimed Dodgers stadium was 'virtually empty' after Pride backlash, but the game actually had higher attendance than normal
▼ + stars: | 2023-06-18 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The LA Dodgers' LGBTQ Pride Night turned controversial when an activist group that offended the religious right was invited. But their claim to have successfully boycotted a Dodgers game for its LGBTQ Pride participation and guests — notably echoed by presidential candidate Ron DeSantis — appears to be false. Ron DeSantis, who recently launched his 2024 presidential bid, tweeted in support of the protesters and claimed the stadium was "virtually empty." "The virtually empty stadium for the game itself was a powerful image," DeSantis said in his tweet. Jareck declined to answer Insider's other questions about the Sisters of Perpetual Indulgence and the protesters.

Persons: —, Ron DeSantis —, Ron DeSantis, DeSantis, Forbes, Joe Jareck, Jareck Organizations: LA Dodgers, Night, Service, Privacy, Major League Baseball's Los Angeles Dodgers, Dodgers, Pride, Twitter, Los Angeles Times, Florida Gov

☆ In a poll of 120,000 workers around the world, more than half were found to be 'quiet quitting,' and Gallup thinks it could cost the global economy $8.8 trillion
▼ + stars: | 2023-06-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Gallup says "quiet quitting," in which workers do the bare minimum, is a global phenomenon. Forty-four percent of respondents also said they'd experienced stress at work the previous day. Gallup's 2023 State of the Global Workplace report surveyed 122,416 employed respondents ages 15 and over in more than 160 countries from 2022 to 2023 and concluded that 59% of the workers worldwide were "quiet quitting." The report used respondents' answers to a series of 12 questions to split those surveyed into three categories at work: engaged, not engaged, and actively disengaged. Gallup's report estimated that such low engagement at work was costing the global economy $8.8 trillion, or 9% of global gross domestic product.

Persons: Gallup, they'd, —, it'd, Gallup didn't, Gen Zers, Zers weren't Organizations: Service, Gallup, Deloitte

☆ DeSantis' campaign apparently used AI-created fake images showing Trump and Fauci hugging and kissing
▼ + stars: | 2023-06-08 | by ( Kelly Mclaughlin | ) www.businessinsider.com time to read: +2 min

DeSantis' campaign shared images of Trump and Fauci hugging in a Twitter video on June 5. Ron DeSantis' presidential campaign appears to feature AI-generated fake images of former President Donald Trump and former White House chief medical advisor Anthony Fauci hugging and kissing. DeSantis, DeSantis' campaign, and Trump did not immediately respond to Insider's requests for comment. AI-generated images have circulated in the political sphere for months. In February, Trump shared a parody AI-generated video of DeSantis and Elon Musk speaking with Adolf Hitler.

Persons: DeSantis, Trump, —, Ron DeSantis, Donald Trump, Anthony Fauci, Fauci, ake, hotos, Organizations: AFP, Service, Florida Gov, White House, Trump, DeSantis Locations: usk

☆ Apple's new Vision Pro is 'the future of the Mac', one of the top minds in tech says
▼ + stars: | 2023-06-07 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +5 min

Stratechery founder Ben Thompson believes that Apple's Vision Pro is the "future of the Mac." The Vision Pro will start at $3,499, which is a steep price, likely signaling the cost of manufacturing a complex product. An example of what Apple Vision Pro may look like at work. Those who attended WWDC in person and were able to try the Vision Pro have said that it's a product in search of a purpose. Apple Vision Pro AppleThompson notes that Apple is using "high-bandwidth connections" to share desktop screens with the Vision Pro, suggesting it might create a direct WiFi connection between the two devices to prevent lag.

Persons: Ben Thompson, Thompson, Apple, Apple Thompson, Meta Organizations: Apple, Vision, Mac

☆ How a coup to force Putin from power could go down if he loses in Ukraine, according to former intel officers
▼ + stars: | 2023-06-06 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Russia's defeat to Ukraine would be a tipping point, former intelligence officers told Insider. During his two decades in power, the Russian president has surrounded himself with an inner circle of hardline loyalists known as "the Siloviki." But in the chaotic fallout of Russia's invasion of Ukraine, Putin's grasp on power appears much less secure, former intelligence officers told Insider. The faltering invasion has prompted criticism of the Russian president that would have previously been unthinkable. Ingram cautioned that Russian defeat could provoke even broader global instability.

Persons: Russia's Vladimir Putin, —, Vladimir Putin's, he's, George Beebe, Putin, Yevgeny Prigozhin, Prigozhin, Abbas Gallyamov, Dmitry Medvedev, Nikolai Patrushev, Vyacheslav Volodin, Vladimir Putin, Russia's, Mikhail Svetlov, Philip Ingram, Beebe, RIA Novosti Ingram, Ingram, Putin's, Ramzan Kadyrov, Kadyrov, Ben Noble Organizations: Service, CIA, Wagner Group, Kremlin, CNN, Russian Security Council's, Security, RIA, NATO, University College London Locations: Ukraine, Russia, Russian, Moscow, Kremlin, Crimea, Soledar

Apple unveiled its first mixed-reality headset, the Apple Vision Pro, on Monday. Tim Cook revealed Apple's first mixed-reality headset, the Vision Pro, during the company's annual keynote at the Worldwide Developers Conference on Monday. The Apple Vision Pro AppleWhen the headset detects someone else is nearby, it'll populate the outer display with your face. Apple's Vision Pro lets others in the room know when you're busy inside an application. The "Reality Dial" on Apple's Vision Pro headset AppleThe headset's input can also be physical — Apple's new headset works with the company's Magic Trackpad, keyboard, and MacBook.

Persons: Tim Cook, Bob Iger, Apple's, —, Apple, Iger, it's, You'll, Mark Zuckerberg Organizations: Apple, Apple Vision, Disney, Vision, Worldwide, Apple Watch, Apple's, Meta's, Sports, Bloomberg, Meta, Reality Labs, New York Times

☆ The Death of Passwords Is Coming, a New Technology Will Replace Them
▼ + stars: | 2023-06-05 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +14 min

Despite their ease of use, passwords come with significant downsides: More than 80% of data breaches are the result of weak passwords. In 2004, Bill Gates famously envisioned the death of traditional passwords, and there have been several attempts to replace them. That's great if all of your devices are from one company — your Apple passkey would work across an iPhone, iPad, and MacBook. "Similar to our recommendations when it comes to other forms of authentication, we advise against the sharing of passkeys, passwords, etc. Passwords won't disappear overnight, but what FIDO Alliance has accomplished has convinced me our passwordless future is just around the corner.

Persons: it's, I'm, Zhao, There's, Christiaan Brand, Bill Gates, FIDO, Steve Won, Florentin, passkeys, Andrew Shikiar, Won, Google's Brand, 1Password, Buffalo's Zhao, Shubham Agarwal Organizations: Microsoft, Cybersecurity Ventures, Apple, Google, Alliance, University at Buffalo, University of Cambridge, Mastercard, TU Darmstadt, FIDO Alliance, Bluetooth, Research, Istanbul Technical University, University, Buffalo's, Wired, Company Locations: Germany, Ahmedabad, India

☆ 4K screens are typically the size of TVs. Apple may have squeezed two of them into its upcoming headset.
▼ + stars: | 2023-05-31 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A supply-chain analyst said Apple's anticipated mixed-reality headset has 4K displays for each eye. The latest rumbling about Apple's mixed-reality headset is that there will be two 4K resolution displays, one for each eye, according to a tweet from Ross Young, CEO of Display Supply Chain Consultants. Apple is expected to debut its first mixed-reality headset at the Worldwide Developers Conference on June 5. The company has been working on a mixed-reality headset for seven years, Bloomberg previously reported. If Young's prediction on the displays within Apple's headset prove correct, Apple could be gearing up to wow people with a headset unlike any other currently on the market.

Persons: Apple's, Ross Young, Young, it's, Michael Gartenberg Organizations: Apple, Consultants, Worldwide, Apple Watch, Bloomberg, New York Times, Microsoft, Glass Locations: WWDC

☆ The 5 largest mega-cap stocks are responsible for most of the rally in the S&P 500 this year - but the market can still gain if Big Tech fades
▼ + stars: | 2023-05-31 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Apple, Nvidia, Alphabet, Microsoft and Amazon have fronted the S&P 500's advance so far in 2023. But if the rally in those mega-caps fades, the market can still post gains, said BMO Capital MarketsAlso, narrow market breadth generally "does not represent a bad omen for S&P 500 performance." In the 12 months afterward, the S&P 500 climbed an average of 22.2%. Six months out, the S&P 500 was up more than 12%, and 12 months out, it had tacked on 43.6%. "Our work shows that the S&P 500 index recorded a 13.2% annualized price return during these periods of narrowing market breadth with the only loss coming in 2001-2003," he wrote.

Persons: —, peters, ChatGPT, Brian Belski, Belski Organizations: Apple, Nvidia, Microsoft, BMO Capital Markets, Service, Amazon, BMO

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