DIRS.INFO The most relevant business & tech news

☆ Google execs admit users are 'not quite happy' with search experience after Reddit blackouts
▼ + stars: | 2023-06-26 | by ( Jennifer Elias | ) www.cnbc.com time to read: +2 min

Google users have long been able to append their search queries with the term "Reddit" to find helpful resources on specific topics. When thousands of Reddit forums went dark earlier this month, that tactic lost its effectiveness. "Many of you may wonder how we have a search team that's iterating and building all this new stuff and yet somehow, users are still not quite happy," Raghavan said. "What can we do to improve the user experience on the core product that made Google a household name?" At its annual developer conference in May, the company said it was experimenting with an effort called Search Generative Experience, which still isn't available to the public, showing more in-depth results powered by generative AI.

Persons: Prabhakar Raghavan, Google's, Raghavan, that's, Bard Organizations: Google, YouTube, CNBC Locations: U.S

☆ Google is using AI to change how you shop
▼ + stars: | 2023-06-14 | by ( Samantha Kelly | ) edition.cnn.com time to read: +2 min

The company on Wednesday announced a new virtual try-on feature that uses generative AI, the same technology underpinning a new crop of chatbots and image creation tools, to show clothes on a wide selection of body types. Google is also launching a feature that helps users find similar clothing pieces in different colors, patterns or styles, from merchants across the web, using a visual matching algorithm powered by AI. Google's new virtual try-on feature uses generative AI to show clothes on a wide selection of body types. Google isn’t the only e-commerce company blending generative AI into the shopping experience. And eBay recently rolled out an AI tool to help sellers generate product listing descriptions.

Persons: Bard Organizations: CNN, Google, Wednesday, XL, eBay

☆ Silicon Valley Has a New Style Icon
▼ + stars: | 2023-06-14 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

And he has the look: a black leather jacket he wears every time he is in the public eye, most often with a black T-shirt and black jeans. Mr. Huang wore a black leather jacket when he was on the cover of Time as one of its men of the year in 2021. A black leather jacket during his keynote speeches at multiple GTC developer conferences since 2018. To deliver the 2023 World ITF keynote and the 2023 Computex 2023 keynote. He even identified himself, back in a Reddit AMA in 2016, as “the guy in the leather jacket.”

Persons: Jensen Huang, ChatGPT, Huang Organizations: Nvidia, Apple

☆ Elon Musk mocks Apple's Vision Pro by taking a swipe at its price tag
▼ + stars: | 2023-06-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk has poked fun at the price of Apple's new mixed-reality headset. Apple launched the Vision Pro, the company's first major product in eight years, last week. The $3,499 price tag for Apple's new Vision Pro headset may even be too steep for the world's richest man, Elon Musk. The image compared Apple's new headset to a bag of mushrooms with the text: "Apple $3,500 augmented reality VS. $20 augmented reality." Apple launched the Vision Pro — its first major product in eight years — last week.

Persons: Elon Musk, Musk, Pete Syme, Apple, Tim Cook Organizations: Apple, Vision, Morning, Pro, Worldwide Developer Conference, Big Tech, Representatives

☆ Stop comparing Zuck and Cook's headsets. They're built around sharply different visions of the future.
▼ + stars: | 2023-06-09 | by ( Matt Turner | ) www.businessinsider.com time to read: +3 min

Apple revealed its new headset, the Vision Pro, at its developer conference. But this comparison forgets that the two headsets are built around differing visions of future. Apple this week revealed its new Vision Pro mixed-reality headset, and comparisons were instantly drawn with Meta's own Quest headset. Then the price of Apple's headset, at $3,499, has been compared with the $500 cost of the Quest headset. Apple didn't mention the metaverse once when it unveiled the Vision Pro at WWDC, and barely mentioned gaming.

Persons: Nich Carlson, Apple, Mark Zuckerberg, Mark Zuckerberg's, Zuckerberg, Alex Heath, Ben Thompson Organizations: Apple, Vision, Morning, Vision Pro

☆ Metaverse user laughed at Apple Vision Pro's $3,499 price tag and said he'd only be willing to pay $700, report says
▼ + stars: | 2023-06-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A Metaverse user thinks Apple's eye-watering price tag for its new Vision Pro is laughable. The user told the Financial Times he was only willing to pay around $700 for Apple's new headset. The $3,499 price tag was met with an exasperated response from audience members on Monday. A Metaverse user thinks the high price tag for Apple's Vision Pro headset is laughable. However, its price tag has been somewhat controversial.

Persons: Jiople15, groans, Pete Syme, Anisha Bhatia Organizations: Financial Times, Worldwide Developer Conference, Vision Pro, Apple Locations: Texas

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

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

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

☆ Tim Cook uses ChatGPT and says Apple is looking at it closely
▼ + stars: | 2023-06-06 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook arrives for the season three premiere of "Ted Lasso" at the Regency Village Theater in Los Angeles, California, on March 7, 2023. Apple CEO Tim Cook said recently that he uses ChatGPT, the AI chatbot, and is excited about the tool's "unique applications." Cook added that large language models — the AI tools that power chatbots like OpenAI's ChatGPT and Google's Bard — show "great promise" but also the potential for "things like bias, things like misinformation [and] maybe worse in some cases." The Apple CEO also offered his thoughts on regulation and guardrails, saying they're needed but that AI is powerful and the tech's development is moving quickly. "If you look down the road, then it's so powerful that companies have to employ their own ethical decisions," Cook said.

Persons: Tim Cook, Ted Lasso, ABC's, Cook, Bard, they're, Sam Altman, Demis Hassabis, Dario Amodei Organizations: Apple, Village, GMA Locations: Los Angeles , California

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

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

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

☆ Why AI wasn't mentioned at all during Apple's big WWDC presentation
▼ + stars: | 2023-06-06 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Apple execs didn't mention AI once during the company's WWDC keynote. It was a deliberate choice and a stark contrast to other Big Tech companies that have embraced the term. During Microsoft, Meta, Alphabet, and Amazon's first quarter earnings calls in April, AI was cumulatively mentioned 168 times, for example. Most other Big Tech companies would likely tout these as "AI innovations" to appeal to the current enthusiasm around the term. The word wasn't mentioned one time during the entire keynote, even though many rivals would likely use the word to describe the Vision Pro headset.

Persons: —, Tim Cook, Apple execs, Amazon's, Cook, Apple, There's, Siri Organizations: Apple, Big Tech, Morning, Microsoft, Google Locations: Valley, Dutch

☆ What can Apple's new VR headset do?
▼ + stars: | 2023-06-06 | by ( Erica Star Domena | ) www.businessinsider.com time to read: 1 min

Apple CEO Tim Cook introduced the $3,499 virtual-reality headset at the annual developer conference. Tech analysts are optimistic about the product's future but the internet mocked its look and hefty price.

Persons: Tim Cook Organizations: Apple, Tech

☆ 10 Things in Tech: Hello, Apple Vision Pro
▼ + stars: | 2023-06-06 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

The Nerd Helmet, as coined by The Wall Street Journal's Joanna Stern, has arrived! Apple on Monday unveiled its first hardware release in almost a decade: The $3,499 Vision Pro mixed-reality headset. But while Meta has aimed to make VR/AR affordable for the masses, with limited success, Apple is squarely aiming the Vision Pro at early adopters and developers. Apple's Vision Pro headset has an exterior "EyeSight" display to make your eyes visible to others around you. Say hello to the Vision Pro.

Persons: Lara O'Reilly, Joanna Stern, Apple, Let's, Tim Cook, Bob Iger, Elizabeth Holmes, Justin Sullivan, Linda Yaccarino, Elon Musk, Sam Altman, Altman, OpenAI, Binance, Changpeng Zhao, Bernstein, Hollywood's, Roy Rochlin, Craig Federghi, Jack Sommers Organizations: Apple, Meta, Apple's Worldwide, Conference, Vision, Getty, Twitter, Venture, Sequoia, US Securities and Exchange Commission, Alliance, Producers, Hollywood, New York Stock Exchange, Wall, nab, Wall Street Locations: London, ChatGPT

☆ Apple shares notch all-time high ahead of developer conference
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - Apple Inc (AAPL.O) shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company's market value remained short of an all-time peak of $3 trillion. Apple is expected to launch a mixed-reality headset at its Worldwide Developers Conference (WWDC) later in the day, which would be its first big move into a new product category since the introduction of the Apple Watch nine years ago. Shares of the world's most valuable listed company were last up 1.8% at $184.15. Apple became the only company to hit $3 trillion in market capitalization early last year. Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta and Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: Morgan Stanley, Erik Woodring, Woodring, Medha Singh, Shounak Dasgupta, Anil D'Silva Organizations: Apple Inc, Apple, Worldwide Developers, Apple Watch, Thomson Locations: Bengaluru

"That would suggest that core prices will come down, albeit at a much slower rate than originally thought." ET, Dow e-minis were up 31 points, or 0.09%, S&P 500 e-minis were up 2.75 points, or 0.06%, and Nasdaq 100 e-minis were down 17 points, or 0.12%. Palo Alto Networks Inc (PANW.O) climbed 4.6% as the cybersecurity firm looks set to replace Dish Network (DISH.O) in the S&P 500 index. Apple Inc (AAPL.O) rose 1.0% ahead of its annual software developer conference, where it is widely expected to announce a new mixed-reality headset. Reporting by Sruthi Shankar and Shristi Achar A in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Michael Hewson, Loretta Mester, Sruthi Shankar, Shristi, Vinay Dwivedi Organizations: Dow, Nasdaq, Wall, Traders, CMC Markets, P Global, Institute for Supply Management, Fed Cleveland, Dow e, . Energy, Exxon Mobil Corp, Chevron Corp, Schlumberger Ltd, Saudi, Palo Alto Networks, Dish Network, Big, Wall Street Journal, Bank of America Corp, Citigroup Inc, Apple Inc, Thomson Locations: Saudi Arabia, U.S, Washington, Big U.S, Bengaluru

Apple announced its mixed-reality headset, the Vision Pro, on Monday during its WWDC developer conference. The $3,499 headset is its first major new product since the Apple Watch in 2014. The Vision Pro will allow users to see apps in a new way, in the spaces around them. Disney CEO Bob Iger appeared on stage to announce that Disney+ would be available on the Vision Pro from day one of its release. Unity stock spiked over 20% and trading was briefly halted after Apple announced a partnership with the game development platform.

Persons: Bob Iger Organizations: Apple, Vision, Apple Watch, Microsoft, Disney

☆ Intel drops as Apple moves to its own silicon on all computers
▼ + stars: | 2023-06-05 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

The M2 Ultra, which will power the new computer, is up to three times faster than the speediest Intel-based Mac Pro. At Apple's Worldwide Developer Conference on Monday, Jennifer Munn, director of engineering program management, called the M2 Ultra "a monster of a chip." Apple launched its initial computer chip, the M1, in 2020. Apple silicon is "a different kind of competition," former Intel executive Gregory Bryant said at a 2021 Evercore conference. The Mac Pro containing the new chip will come with 192 GB of memory, Apple said.

Persons: Jennifer Munn, Gregory Bryant, Apple, Gartner Organizations: Intel, Apple, Pro, Apple's, AMD, Nvidia

☆ Evercore ISI raises market outlook and gives 'Momentum Masters' stocks to play it
▼ + stars: | 2023-06-05 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

The S & P 500 could see more upside ahead after breaking out above a key level as artificial intelligence drums up market excitement, according to Evercore ISI. His new target implies the stock market could rally 3.9% from where it finished last week. That puts Emanuel above the median and average S & P 500 targets on Wall Street after previously being right around them. The S & P 500's recent breakout above the 4,200 points is a sign that AI-driven momentum first seen in the technology-heavy Nasdaq Composite is now apparent in the S & P 500. Momentum masters He called this investing landscape a "Momentum Market" that requires more risk management a probabilistic thinking.

Persons: Julian Emanuel, Emanuel, he'll, Russell, —, selloff, Zscaler, BancShares, — CNBC's Michael Bloom Organizations: ISI, American Association of, Investors, Big Tech, Nasdaq, Silicon Valley Bank, Federal Deposit Insurance Company, P Bank ETF, Banking Locations: Silicon

☆ Apple expected to reveal mixed-reality headset at developer conference
▼ + stars: | 2023-06-05 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

CUPERTINO, California, June 5 (Reuters) - Apple Inc (AAPL.O) is expected to unveil a mixed-reality headset at its annual software developer conference on Monday, its first big move into a new product category since the introduction of the Apple Watch nine years ago. Like Meta's Quest Pro from last year and Quest 3 announced last week, Apple's device is likely to blend a video feed from the outside world with a virtual world displayed on screens inside the headset. Investors and tech fans alike will be focusing on how much Apple's view of the virtual reality market overlaps with Meta's. In addition to Meta, Sony Group Corp (6758.T) and ByteDance-owned Pico both recently released virtual reality devices. Investors will also look for updates on CarPlay, Apple's software for vehicles, which the company said last year would start to power more dashboard functions.

Persons: It's, Mark Zuckerberg, Stephen Nellis, Edwina Gibbs Organizations: Apple Inc, Apple Watch, Apple, Facebook, Meta, Meta's, Quest, Sony Group Corp, Pico, Research, IDC, Apple Park, Thomson Locations: CUPERTINO , California, San Francisco

☆ Stock futures are down slightly on Monday evening after rally takes a breather: Live updates
▼ + stars: | 2023-06-05 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 and Nasdaq-100 futures slipped 0.1% and 0.2%, respectively. The Dow finished Monday down about 0.6%, while the S&P 500 and Nasdaq Composite lost about 0.2% and 0.1%, respectively. Elsewhere, bank stocks slid following news that regulators are contemplating increasing capital requirements for large banks. Goldman Sachs and Bank of America each lost about 0.6% on Monday, while Morgan Stanley slipped around 0.7% and JPMorgan shares slid nearly 1%. The SPDR S&P Bank ETF dropped about 2.2%.

Persons: Apple, —, Keith Buchanan, Goldman Sachs, Morgan Stanley Organizations: New York Stock Exchange, New York Stock, Dow Jones, Nasdaq, Dow, Big Tech, Intel, Apple, Globalt Investments, Bank of America, JPMorgan, P Bank Locations: New

☆ Apple's practical approach to A.I.: No bragging, just features
▼ + stars: | 2023-06-05 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

On Monday during Apple's annual developer's conference, WWDC, the company subtly touted just how much work it's doing in state-of-the-art artificial intelligence and machine learning. As Microsoft , Google , and startups like OpenAI embraced cutting-edge machine learning technologies like chatbots and generative AI, Apple appeared to be sitting on the sidelines. But on Monday, Apple announced several significant AI features, including an improved iPhone autocorrect based on a machine learning program using a transformer language model, which is the same technology underpinning ChatGPT. Unlike its rivals, who are building bigger models with server farms, supercomputers, and terabytes of data, Apple wants AI models on its devices. On-device AI bypasses a lot of the data privacy issues that cloud-based AI faces.

Persons: Apple, Craig Federighi, OpenAI's Organizations: Apple, Worldwide, Conference, Microsoft, Google Locations: Cupertino , California

SummarySummary Companies Palo Alto gains on S&P 500 index inclusionApple climbs ahead of developer conferenceIndexes: Dow down 0.25%, S&P up 0.22%, Nasdaq up 0.46%June 5 (Reuters) - The S&P 500 and the Nasdaq rose on Monday, as Apple scaled an all-time peak and investors weighed up chances of the Federal Reserve pausing interest rate hikes at its upcoming policy meeting. Other growth stocks also rose, with Alphabet Inc (GOOGL.O) gaining 1.8% and Amazon.com Inc (AMZN.O) adding 0.9%. Palo Alto Networks Inc (PANW.O) climbed 5.5% as the cybersecurity firm looks set to replace Dish Network (DISH.O) in the S&P 500 index. Declining issues outnumbered advancers for a 1.56-to-1 ratio on the NYSE and for a 1.35-to-1 ratio on the Nasdaq. The S&P index recorded 14 new 52-week highs and two new lows, while the Nasdaq recorded 70 new highs and 32 new lows.

Persons: Thomas Hayes, Sam Stovall, advancers, Sruthi Shankar, Shristi, Vinay Dwivedi, Anil D'Silva Organizations: Palo, Dow, Nasdaq, Apple, Apple Inc, Alphabet Inc, Amazon.com Inc, Great, Capital, Institute for Supply Management, CFRA Research, Dow Jones, Palo Alto Networks, Dish Network, Big, Wall Street Journal, Tesla Inc, NYSE, Thomson Locations: U.S, Washington, Big U.S, China, Bengaluru

☆ Gmail is using AI to make searching for emails and attachments on your phone faster and easier
▼ + stars: | 2023-06-03 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

The company said Friday it will be introduced to all mobile users in the coming weeks. Searches in Gmail are set to become more accurate as Google rolls out a new AI-related feature for smartphone users. Alphabet said in a Friday blog post that mobile Gmail users will soon see a "top results" section when searching for old messages or attachments in their Gmail app. In its blog post Google said the feature was "highly requested", and said it will be rolling out to all Gmail mobile users over the next two weeks. The post only mentions the mobile version of Gmail, so it's unclear whether the "top results" feature will be added to the browser-based version.

Persons: Bard Organizations: Google, Morning, Gmail

☆ In challenge to Meta, Apple expected to unveil mixed-reality headset
▼ + stars: | 2023-06-02 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

"Meta and Apple are competing with each other. The difference is that Meta is doing it publicly, while Apple is doing it privately," said Anshel Sag, principal analyst at Moor Insights & Strategy. Analysts say that the Apple device, which Bloomberg has reported could cost near $3,000 and look like a pair of ski goggles, is a place holder of sorts. While Meta has products on the market, Apple has major advantages in defining the emerging field among software developers, said Jitesh Ubrani, a research manager who tracks the XR market at IDC. "And Apple is in a much better position to give you an experience that works across devices than Meta is."

Persons: Tim Cook, Mark Zuckerberg, Zuckerberg, Greg Joswiak, iPhones, Sag, Ben Bajarin, Meta, Jitesh Ubrani, Ubrani, Stephen Nellis, Peter Henderson, Matthew Lewis Organizations: FRANCISCO, Apple Inc, Apple, Worldwide Developers, Meta, Moor, Strategy, Analysts, Bloomberg, Sony Group Corp, Quest, Creative, IDC, San, Thomson Locations: California, Cupertino , California, Silicon Valley, San Francisco

☆ Why Apple's VR headset could succeed where every similar product has failed
▼ + stars: | 2023-06-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

On Monday, Apple is expected to announce its first new major product line since the Apple Watch in 2014. During Apple's software-focused developer conference, WWDC, it could release its first mixed-reality headset, according to analyst research, media reports and increasingly, vague references from Apple itself. The headset, according to reports, will feature high-definition screens in front of the user's eyes. But since then, sales for existing VR headsets haven't been great, usage has been worse and the anticipated explosion in successful VR software companies hasn't happened. Apple's headset is expected to be more powerful than what's out there — even current $6,500 VR headsets.

Persons: what's, Apple, Wamsi Mohan, Microsoft's Hololens, Ming, Chi Kuo, Cowen, Krish Sankar, Peggy Johnson, it's Organizations: Apple, Apple Watch, Bank of America, Facebook, Meta, VR, U.S . Army, TFI Securities, CNBC

Analyst Brent Bracelin raised his price target on shares to $400 from $348, saying he was increasing estimates "for an AI All-Star." Recall, Microsoft Cloud is poised to exceed $110B in F2023 which is larger than the entire business in F2013 at $78B. We think the Microsoft AI opportunity could be bigger than cloud," Bracelin wrote in a Tuesday note. Microsoft shares have been on fire this year, surging more than 38%, as excitement grows around the prospects of artificial intelligence. The analyst added, however, that "AI tailwinds can justify further multiple expansion as AI news flows further converts into higher confidence in out-year growth."

Persons: Piper Sandler, Brent Bracelin, MSFT, Bracelin, Michael Bloom Organizations: Microsoft Locations: Seattle

Search resuls for: "Developer Conference"

25 mentions found