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☆ Google cuts hundreds of jobs across engineering, hardware teams
▼ + stars: | 2024-01-11 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency and focus on its "biggest product priorities," a spokesperson confirmed to CNBC. The layoffs will impact employees within Google's hardware and central engineering teams, as well as workers across Google Assistant, its voice-activated software product. Other parts of the company were also affected, according to Google. Last January, Google slashed its workforce by 12,000 people, or roughly 6% of its full-time employees. "Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally."

Persons: Bard Organizations: Google, CNBC, Microsoft

☆ YouTube taps hospitals to create videos to help people witnessing an overdose or heart attack
▼ + stars: | 2024-01-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

YouTube is taking steps to fight against medical misinformation, especially when it comes to finding immediate tips on how to handle an emergency. YouTube users in the U.S. can find videos on 12 topics, including CPR, seizures, choking, bleeding and psychosis. The videos will not contain ads, which means Google -owned YouTube won't make money from them, Graham said. Content moderation has long been a challenge for YouTube, which removes videos if they're found to be in violation of the company's guidelines. Even as the pandemic has subsided, medical misinformation continues to proliferate.

Persons: Brigham, Garth Graham, Graham, they're Organizations: YouTube, CNBC, Mass, Cross, American Heart Association, Sleep Locations: U.S, Mexican

☆ Elon Musk's X to launch peer-to-peer payments this year
▼ + stars: | 2024-01-09 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Elon Musk's social media platform X, formerly known as Twitter, announced it will launch peer-to-peer payments this year, according to a Tuesday blog post. X said the payments will unlock "more user utility and opportunities for commerce" as the platform works to "revolutionize 2024." The blog post did not offer specific details about how the payments will work or when they will officially launch. According to the Nationwide Multistate Licensing System website, X Payments LLC — the payment subsidiary of X — has only obtained money transmission licenses in 14 states so far. Introducing peer-to-peer commerce to the platform would mark the latest sweeping change at X since Musk acquired the company for $44 billion in late 2022.

Persons: Elon, Twitter —, X, —, Musk Organizations: SpaceX, Twitter, New York Times, X, eToro Locations: New York City

☆ Apple iPhone sales in China fell more than 30% during first week of 2024: Analysts
▼ + stars: | 2024-01-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Apple's iPhone sales in China were down more than 30% year over year for the first week of January, while competitors such as Xiaomi and Huawei have "remained much stronger" with flat sales, according to a Sunday note from Jefferies analysts. Jefferies analysts said they believe Apple's iPhone volume will fall by double digits this year in China, adding that they "expect Apple to have even higher revenue pressure in China in 2024." Huawei gained the most smartphone market share in China in 2023, according to the note, rising about 6% year over year. Meanwhile, Apple's market share in China has fallen around 4% year over year, according to the note. The Jefferies analysts said iPhone discounts in China are on the rise, which is likely part of Apple's effort to "defend its share."

Persons: Piper Sandler, — CNBC's Michael Bloom Organizations: Huawei, Jefferies, Barclays, Apple, CNBC PRO Locations: China

☆ Tesla recalls more than 1.6 million cars in China over problems with Autopilot, locks
▼ + stars: | 2024-01-05 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state regulators announced Friday. Both issues can be repaired through a free over-the-air software update, so drivers do not have to take their vehicles anywhere, regulators said. Additionally, more than 7,500 Model S and Model X cars were recalled over concerns that, during a crash, the noncollision side door will unlock. The safety regulators recalled around 2 million Tesla cars after determining that some of the company's Autopilot features were confusing and too easy to misuse.

Persons: Tesla, Tesla's Organizations: Administration, Market, Traffic Safety Administration, NHTSA, CNBC PRO Locations: Shanghai, China, China's, U.S

☆ Xerox to cut 15% of its workforce
▼ + stars: | 2024-01-03 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees as of Dec. 31, 2022, according to a filing with the U.S. Securities and Exchange Commission. The company's restructuring plan involves simplifying its products within its core print business, increasing efficiency across its global business services and boosting focus on IT and other digital services, according to a release. Xerox said it also redesigned its executive team to help carry out the new model. Xerox will carry out the cuts this quarter, according to the release.

Persons: Steven Bandrowczak Organizations: Xerox, Wednesday, U.S . Securities, Exchange Commission, CNBC PRO

☆ Activision Blizzard CEO Bobby Kotick to step down at the end of the year
▼ + stars: | 2023-12-20 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Activision Blizzard CEO Bobby Kotick will step down from his role as head of the video game company on Dec. 29, according to an internal memo from Microsoft Gaming CEO Phil Spencer on Wednesday. The leadership change was expected after Microsoft closed its $69 billion acquisition of Activision Blizzard in October. He first joined the company as Director and CEO of Activision Inc., in February 1991 before serving as CEO of Activision Blizzard beginning in July 2008. In a memo to employees Wednesday, Kotick expressed "gratitude and appreciation" for his time at Activision Blizzard. Thomas Tippl, the vice chairman of Activision Blizzard; Rob Kostich, president of Activision Publishing; Mike Ybarra, president of Blizzard Entertainment; and others will report to Matt Booty, the president of Microsoft's Game Content and Studios.

Persons: Bobby Kotick, Phil Spencer, Kotick, Bobby —, Spencer, Tony Hawk, Thomas Tippl, Rob Kostich, Mike Ybarra, Matt Booty, Brian Bulatao, Dave McCarthy, — CNBC's Jordan Novet Organizations: Activision, Microsoft Gaming, Microsoft, Activision Blizzard, Activision Inc, CNBC, Activision Blizzard's, Activision Publishing, Blizzard Entertainment, Blizzard, Gaming, CNBC PRO Locations: U.S, Europe

☆ Electric scooter company Bird files for bankruptcy
▼ + stars: | 2023-12-20 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. The electric scooter company Bird , once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal court Wednesday. The company went public via a merger with a special purpose acquisition company in 2021, but its share price tumbled. Bird's bankruptcy proceedings come after the New York Stock Exchange delisted the company in September. Bird Canada and Bird Europe are not part of the company's Wednesday filing and will "continue to operate as normal," according to the release.

Persons: Bird Organizations: New York Stock Exchange, Bird, CNBC PRO Locations: Florida

☆ SEC charges ex-CEO of medical device company with fraud, says some devices were 'just a piece of plastic'
▼ + stars: | 2023-12-19 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. The complaint alleges that Perryman misrepresented a Stimwave device that was supposedly able to treat chronic nerve pain by using electrical signals. She was arrested in Delray Beach, Florida, and charged with one count of conspiracy to commit wire fraud and health care fraud, and one count of health care fraud, according to a release. The SDNY on Tuesday filed a superseding indictment against Perryman that added criminal securities fraud charges, the SEC said. Stimwave voluntarily recalled the PNS devices, but Curonix still offers a PNS system called Freedom PNS, according to the Curonix website.

Persons: Laura Tyler Perryman, Perryman, Monique C, Winkler, Stimwave, Curonix Organizations: U.S . Securities, Exchange Commission, Washington , D.C, Technologies, Exchange, SEC, U.S . Food, Drug Administration, San, CNBC, U.S, Attorney's, Southern, of Locations: Washington ,, San Francisco, of New York, Delray Beach , Florida

☆ Google is rolling out new AI models for health care. Here's how doctors are using them
▼ + stars: | 2023-12-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +6 min

Google said it also plans to introduce health-care-specific versions of Gemini , the company's newest and "most capable" AI model, to MedLM in the future. For instance, HCA Healthcare , one of the largest health systems in the U.S., has been testing Google's AI technology since the spring. Google's MedLM suite can then take those transcripts and break them up into the components of an ER provider note. "What I would say right now, is that the hype around the current use of these AI models in health care is outstripping the reality," Schlosser said. "We're being very cautious with how we approach these AI models," he said.

Persons: Gupta, Aashima Gupta, MedLM, Greg Corrado, Corrado, Dr, Michael Schlosser, Google's, Schlosser, That's, " Schlosser Organizations: Google, Microsoft, CNBC, HCA Healthcare, Nurses, HCA Locations: MedLM, Med, U.S

Tesla is recalling around 2 million of its vehicles in the U.S. to fix Autopilot features that auto safety regulators found to be confusing to drivers, or too easy for them to misuse and abuse. The NHTSA opened an investigation into 11 incidents involving Tesla cars where Autopilot and Autosteer were involved in 2021, a probe which ultimately led to today's voluntary recall. He hopes Tesla and NHTSA will pay special attention to roads with cross traffic, because there have been multiple fatal crashes with trucks in that situation involving Tesla vehicles with Autopilot engaged. If people need to steer, for instance, they must pay attention. The Autopilot system will still be helpful if it just does the accelerating and braking but people could not not pay attention."

Persons: Elon, Twitter —, Tesla, Autosteer, Philip Koopman, Koopman, hasn't, Erik Vinkhuyzen Organizations: SpaceX, Twitter, New York Times, National, Traffic, NHTSA, Federal Reserve, Carnegie Mellon University, CNBC, King's College London, CNBC PRO Locations: New York City, U.S

☆ Snap stock trading at highest price in over a year on Wells Fargo upgrade
▼ + stars: | 2023-12-11 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Shares of Snap notched their highest price in over a year on Monday after analysts at Wells Fargo released a bullish report on the stock. The analysts upgraded the shares from equal weight to overweight and raised their price target from $8 to $22. Snap was trading around $15.75 as of market close Monday, the highest it has been since July 2022. Snap shares closed up more than 4% Monday. The Wells Fargo analysts added that Snap's recent changes to its products and leadership have been key to the company's revenue reacceleration and innovation.

Persons: Evan Spiegel, Spiegel, — CNBC's Michael Bloom Organizations: Wells, Google, Meta, CNBC PRO

☆ Google shares pop 5% after company announces Gemini AI model
▼ + stars: | 2023-12-07 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Shares of Google closed up 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, Microsoft and Meta . But Wells Fargo's trading desk also said the big question is what Google's monetization for Gemini looks like. "In short, I'd summarize GOOG as proving that they still have some bite." Analysts at Bank of America said Wednesday that Alphabet has been under pressure from concerns over Google's AI capabilities this year, so a "well-branded," competitive model could have upsides for its consumer search activity and Cloud enterprise sales. "We think Google has strong AI capabilities, and data suggesting that Google has best in class, proprietary, AI capabilities can be positive for the shares in 1H'24," the analysts wrote in a note.

Persons: Wells Organizations: Google, Microsoft, Meta, Bank of America, 1H

☆ Governments are spying on Apple and Google users through phone notifications, U.S. senator says
▼ + stars: | 2023-12-06 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

U.S. Sen. Ron Wyden warned that foreign governments are spying on smartphone users by compelling Apple and Google to turn over push notification records, according to a letter he sent to Attorney General Merrick Garland on Wednesday. In the U.S., however, Wyden said information about push notification records cannot be released to the public. Wyden did not specify which governments have asked Apple and Google for push notification records. A Google spokesperson said the company shares Wyden's commitment to keeping people informed about requests for push notification records. The company did not clarify where it publishes requests for information about push notification records, or if it is restricted.

Persons: Sundar Pichai, Tim Cook, Joe Biden, Sen, Ron Wyden, General Merrick Garland, Wyden Organizations: Apple, White, Washington , D.C, U.S, Google, Wednesday, DOJ, CNBC, The, Justice, CNBC PRO Locations: Washington ,, Apple's, U.S

☆ Reproductive startup launches test to identify an embryo's genetic defects before an IVF pregnancy begins
▼ + stars: | 2023-12-05 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Reproductive technology startup Orchid on Tuesday announced a comprehensive new genetic test that may help many prospective parents across the U.S. breathe a little easier. Orchid said its new test will help couples identify whether their embryos present genetic risks such as birth defects, neurodevelopmental disorders, chromosomal abnormalities, or pediatric and adult-onset cancers that were previously only detectable after birth. IVF is a taxing process that can cost an average of more than $12,000 in the U.S., according to the Institute for Reproductive Health. Success is not guaranteed, and some people go through multiple rounds of IVF before a pregnancy develops. Orchid's genetic test will cost couples an additional $2,500 per embryo sequenced, but it does not add any new steps or risks to the IVF process, Siddiqui said.

Persons: Noor Siddiqui, Siddiqui, Couples Organizations: CNBC, Institute for Reproductive Health, Austin Locations: Dublin, Ireland, U.S, Los Angeles, Chicago, Miami

☆ Uber shares pop as company is slated to join S&P 500
▼ + stars: | 2023-12-04 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Shares of Uber rose more than 5% on Monday after S&P Dow Jones Indices announced Friday that the ride-hailing company has been selected to join the S&P 500. Analysts at Oppenheimer reiterated their outperform rating on the stock and raised their price target to $75 per share from $65. They said Uber's ticket into the S&P 500 will likely help improve investors' sentiment about returns. Members of the index must have positive earnings in the most recent quarter and over the prior four quarters in total, according to S&P's rules. Uber also has a market cap of about $118 billion, which surpasses the S&P's criteria that companies must have an adjusted market cap of at least $14.5 billion.

Persons: Dara Khosrowshahi, Dow, Oppenheimer, Uber, — CNBC's Michael Bloom Organizations: Economic Cooperation, APEC, Dow Jones, Air Corp, CNBC PRO, &' $ Locations: Asia, San Francisco , California

☆ X CEO Linda Yaccarino addresses Musk's 'go f--- yourself' comment to advertisers
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

X CEO Linda Yaccarino addressed the explicit comments Elon Musk hurled at advertisers during what she called a "wide ranging" and "candid" interview with CNBC's Andrew Ross Sorkin at the 2023 DealBook Summit in New York on Wednesday. "If somebody's going to try to blackmail me with advertising? Yaccarino described Musk's comments as an "explicit point of view about our position." "We're a platform that allows people to make their own decisions," Yaccarino wrote on X, formerly known as Twitter, late Wednesday night. "And here's my perspective when it comes to advertising: X is standing at a unique and amazing intersection of Free Speech and Main Street — and the X community is powerful and is here to welcome you.

Persons: Linda Yaccarino, Elon Musk, CNBC's Andrew Ross Sorkin, Musk, Yaccarino Organizations: Twitter Locations: New York

☆ Nashville's startup scene is booming. Here's why investors and founders are moving to 'Music City'
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +11 min

NASHVILLE, TENNESSEE - SEPTEMBER 1, 2019: Tourists visit the bars and country music venues in the Lower Broadway entertainment district in Nashville, Tennessee. As more investors and founders are flocking to explore Nashville's booming health care and technology scene, Shah said he gets recognized regularly. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNicknamed "Music City," Nashville is chock-full of country singers and perpetually buzzing with live music. (Photo by Robert Alexander/Getty Images) Robert Alexander | Archive Photos | Getty ImagesNashville's health tech startup scene has also benefited from significant investment from local organizers and government officials. Eligible Nashville entrepreneurs can also become members of the Greater Nashville Technology Council and the Nashville Health Care Council.

Persons: Robert Alexander, Robin Shah, Shah, Pavlo Gonchar, Kyle Cooksey, Bill Frist, Cooksey, John Bass, Bass, Ellen Herlacher, Luke Benda, it's, Cerner, It's, Vanderbilt, Marcus Whitney, Whitney, Benda, Landon Gibbs, Gibbs, Raelyn Wilson, Wilson Organizations: Tourists, Broadway, Getty, Thyme, CNBC, Nashville, Nashville Health Care, Healthcare, HCA, Community Health Systems, Acadia Healthcare, Vanderbilt University, Vanderbilt University Medical Center, Belmont University, Meharry Medical, Monogram Health, Downtown, Istock, Amazon, Oracle, Bank, Greater Nashville Venture Capital Association, Center, Nashville Area, of Commerce, Force, Ventures, Greater, Greater Nashville Technology Council, Nashville Health Care Council, HCA Healthcare Locations: NASHVILLE , TENNESSEE, Nashville , Tennessee, Fort Lauderdale , Florida, Nashville, UKRAINE, U.S, Acadia, Downtown Nashville , Tennessee, Music City, Rocky, Colorado, Boston, Greater Nashville, Cumberland

☆ UK regulators say Adobe's $20 billion Figma acquisition could harm competition
▼ + stars: | 2023-11-28 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Britain's top competition watchdog said Tuesday that Adobe 's proposed $20 billion acquisition of Figma could harm the U.K.'s digital design sector, findings that could mean a major setback for the merger. The Competition and Markets Authority said the deal could "eliminate competition," "reduce innovation" and "remove Figma as a threat to Adobe's flagship Photoshop and Illustrator products," according to a release. Adobe announced plans to buy Figma, which allows users to collaborate on app and website design, for $20 billion in September last year. "We are reviewing the provisional findings and will reengage with the CMA on the facts and merits of the case." David Wadhwani, a key Adobe executive behind the Figma deal, expressed frustration in October over the slow pace of regulatory approval.

Persons: David Wadhwani, Figma, Jordan Novet, Shantanu Narayen Organizations: Adobe, Adobe Creative, Markets Authority, U.S . Department of Justice, European Union, CMA, CNBC Locations: San Francisco

☆ Tesla sues Swedish government after postal workers block license plate deliveries
▼ + stars: | 2023-11-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Tesla filed a lawsuit against the Swedish Transport Agency on Monday after postal workers began to block deliveries of license plates for the company's cars. Swedish postal workers blocked Tesla license plate deliveries as a show of solidarity with striking workers. Tesla claims the Swedish government has a "constitutional obligation to provide registration plates to vehicle owners," according to the documents. "This seizure of license plates constitutes a discriminatory attack without any support in law directed at Tesla. This measure cannot be described in any other way than as a unique attack on a company operating in Sweden," Tesla said in the filing, which CNBC translated to English.

Persons: Tesla, Elon Musk, Rishi Sunak, wasn't, CNBC's Lora Kolodny Organizations: British, Swedish Transport Agency, Bloomberg, CNBC, Tesla Locations: London, Britain, Norrköping, Sweden, Swedish

Jack Guez | Afp | Getty ImagesAfter a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Nathan Laine | Bloomberg | Getty ImagesBret Taylor, board chair Bret Taylor is currently a board member at the e-commerce platform Shopify . It isn't clear if Taylor's involvement with his own AI startup will cease with his appointment to lead OpenAI's board. OpenAI's board fired Altman Friday after determining he was "not consistently candid in his communications," but its members never elaborated further. Jack Guez | AFP | Getty ImagesIlya Sutskever Ilya Sutskever co-founded OpenAI and serves as its chief scientist.

Persons: Sam Altman, Ilya Sutskever, Jack Guez, Altman, There's, Satya Nadella, Nadella, Here's, Bret Taylor, Nathan Laine, He's, Elon, Taylor, Salesforce, Larry Summers, David A, CNBC Larry Summers Larry Summers, Clinton, Summers, Jack Dorsey, Adam D'Angelo Adam D'Angelo, D'Angelo, Helen Toner, CSET, Vox, Jerod Harris, Helen Toner Helen Toner, Toner, Tasha McCauley, Carlton Laguna Nigel, Tasha McCauley Tasha McCauley, Joseph Gordon, Levitt, McCauley, Ilya Sutskever Ilya Sutskever, Sutskever, Greg Brockman, Brockman, Brockman's, Sven Hoppe Organizations: Tel Aviv University, Afp, Getty, Microsoft, CNBC, Sequoia, Tiger Global, Salesforce, Viva Technology Conference, Bloomberg, Google, Economic, Grogan, Harvard University, Obama, Economic Council, Twitter, Meta, Facebook, The Ritz, Carlton, Georgetown University's Center for Security, Emerging Technology, Philanthropy, Business Development, Ritz, Rand Corporation, GeoSim Systems, AFP, University of Toronto, Stanford, Technical University of Munich Locations: Tel Aviv, Paris, Davos, Switzerland, Washington, Laguna Niguel, Dana Point , California, Russian Israeli, Canadian

☆ Microsoft exec says OpenAI employees can join with same compensation
▼ + stars: | 2023-11-21 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Microsoft CTO Kevin Scott on Tuesday offered to match compensation for the hundreds of employees at OpenAI who are threatening to resign following Sam Altman's sudden ouster as CEO. "Know that if needed, you have a role at Microsoft that matches your compensation and advances our collective mission." But, the comment gives some clarity to what Microsoft is willing to pay employees and how many it would hire. Early Monday morning, Microsoft CEO Satya Nadella said that Altman, Greg Brockman, who resigned as OpenAI's president, and their colleagues would join Microsoft as part of a new AI research group. More than 600 OpenAI employees then signed a letter to the company's board and threatened to join their former boss at Microsoft unless the members resigned.

Persons: Kevin Scott, Sam Altman's, Sam Altman, Scott, Altman, Satya Nadella, Greg Brockman, Nadella, Brockman, OpenAI, Emmett Shear, Ilya Sutskever —, — Adam D'Angelo, Tasha McCauley, Helen Toner, Sutskever, Jordan Novet Organizations: Research, Microsoft, CNBC Locations: OpenAI

Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. "Sam and OpenAI were the catalyst that showed the world what AI tech is capable of," Jannsen said. Silicon Valley's high-profile startup CEO firings typically involve wrongdoing, rather than just philosophical differences about where the company is headed. "Sam Altman is a hero of mine," former Google CEO and investor Eric Schmidt said in an X post. — CNBC's Lora Kolodny contributed to this report WATCH: OpenAI says Sam Altman exiting as CEO because 'board no longer has confidence.'

Persons: Sam Altman, Carlos Barria, OpenAI, Steve Jobs, Altman, —, Jobs, U.S . Altman, Mark Zuckerberg, Jeff Bezos, Elon Musk, Greg Brockman, Brockman, Ron Conway, Greg, Brian Chesky, Matt Schlicht, Schlicht, Sam, Ryan Jannsen, Jannsen, Patrick Moorhead, They're, Moorhead, Josh Wolfe, Wolfe, he'd, Eric Schmidt, Tom Williams, Airbnb's Chesky, what's, Chesky, Satya Nadella, Zachary Lipton, Carnegie Mellon's Lipton, Lipton, — CNBC's Lora Kolodny Organizations: Economic Cooperation, Reuters, ChatGPT, Apple, U.S ., Amazon, Tesla, Microsoft, Tiger, Sequoia Capital, CNBC, Google, Lux Capital, Cq, Inc, Getty, Carnegie Mellon University, Industry Locations: Asia, San Francisco , California, U.S, Silicon Valley, OpenAI, what's, —

☆ Apple iPhone 14 gets another free year of satellite Emergency SOS
▼ + stars: | 2023-11-15 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple on Wednesday announced it is granting iPhone 14 users an additional free year of its safety service Emergency SOS via satellite. Emergency SOS via satellite allows users to text emergency services even if they are outside of an area with Wi-Fi or cell coverage. The free trial of Emergency SOS via satellite applies to iPhone 14 users who activated their device in an eligible country or region before Nov. 15, Apple said. The service is also available to users who purchased one of Apple's iPhone 15 devices, which was announced in September. The feature is free to iPhone 15 users for two years.

Persons: Apple, hasn't Organizations: Apple, Wednesday, Qualcomm, Iridium, AAA

☆ Amputees say this bionic hand startup gives them both strength and grace — they can even pick up raw eggs without crushing them
▼ + stars: | 2023-11-13 | by ( Ashley Capoot | ) www.cnbc.com time to read: +5 min

Now, 12 years later, Schroeder wears a bionic hand designed by the startup Aether Biomedical, and it's business as usual for him. Aether's hand, called the Zeus, can lift up to 77 pounds and switch between 12 different customizable grip patterns in real time. Aether works with upper limb amputees, and anyone with an amputation level between the wrist and the shoulder can use its Zeus hand. More than 200 patients are using Aether's Zeus hand, and like other bionic hands, it works by translating the electrical signals in the arm muscles. Aether's Zeus hand is approved by the U.S. Food and Drug Administration, and it's covered by all major insurance payers.

Persons: Andrew Hitz, Jeremy Schroeder, Schroeder, Schroeder's, Dhruv Agrawal, it's, Sarra Mullen, Mullen, Agrawal, they've Organizations: CNBC, U.S . Food, Drug Administration, J2 Ventures, Story Ventures, Technology Locations: Sherwood , Ohio, Poland, Chicago, Ukraine

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