Tech
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Apple raises Mac Mini’s starting price to $799 after AI frenzy drains supply
Apple Inc. raised the starting price of its Mac mini desktop to $799 from $599, adjusting to inventory shortages driven by AI demand and the tight supply of processors. The company is effectively increasing the price by removing the entry-level configuration, a model that includes an M4 processor and 256 gigabytes of storage. The computer…
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Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more
Walt Disney Co. senior executives are discussing how to unify the company’s disparate mobile apps and turn its streaming service into the first stop for all things Disney, a place where users can book park tickets, buy merchandise, play games and watch movies, according to people familiar with the matter. Disney’s new CEO, Josh D’Amaro,…
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Jensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers
Nvidia CEO Jensen Huang has been pushing back against the popular narrative that AI will wipe out huge swaths of the workforce, but he also placed some blame on overly confident CEOs who assume they know everything. In an interview this week with the Special Competitive Studies Project, he said that while people warning about…
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Big Tech is shelling out up to $1 million for new hires who will never have to write a line of code
Some of the highest-paid tech workers now will never have to write a line of code. And it’s not because their work is being done by AI: Tech companies are shelling out high six-figure salaries for senior communications roles. In February, Anthropic posted a job for a head of product communications with a listed $400,000…
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A Mark Cuban-backed vegan cheese company trained AI to scrutinize cardboard boxes. It’s saved $400,000
A Mark Cuban-backed cheese company found an unlikely place to cut costs using AI: the cardboard boxes carrying its vegan wheels. Austin-based Rebel Cheese maintains a lean team. But after a busy holiday season, CEO Kirsten Maitland realized the firm’s shipping partners were overcharging $250,000, by her estimate. Baffled by the sheer cost of these…
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Apple just posted $111 billion in revenue. Now its CFO and incoming CEO are teaming up
Good morning. Apple Inc., CEO Tim Cook opened the company’s earnings call Thursday by marking his 28th anniversary at Apple, his 15th year as CEO, and his 89th earnings call—reflective moments as he prepares to leave the CEO role. Apple announced in April that Cook will step down in September and become executive chairman. His…
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Meet the Americans dismissing AI hype and using it with ingenuity: ‘The efficiencies gained out of it have been tremendous’
Artificial intelligence is permeating workplaces, changing the nature of jobs of every stripe. Teachers are using it to create lesson plans and grade papers. Marketing professionals are harnessing it to work a room and learn about the needs of potential clients. Product managers are asking AI to serve as an interpreter when technical conversations went…
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Amazon Prime Video reaches deal with Duke Blue Devils to air 3 games per season
Streaming provider Prime Video is diving into college sports by partnering with one of college basketball’s biggest brands: Duke. Amazon and Duke announced Thursday they had reached a multiyear agreement to broadcast three of the Blue Devils’ neutral-site nonconference matchups per season. This marks the first college partnership for Prime Video, which has aired NFL…
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Hitting the ‘GenAI wall’: Where generative AI stops working, and what it means for your talent strategy
As companies race to deploy generative AI across their organizations, many executives are betting on a transformative promise: that GenAI will allow employees from one function to seamlessly take on work traditionally performed by specialists in another, and perform it at a level that matches the specialists themselves. The logic is appealing: If a marketing…
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Snap CEO praises AI for writing two-thirds of the company’s code but warns fellow tech executives underestimate ‘societal pushback’ to the tech
Snap, the tech company behind the social media app SnapChat, introduced on Tuesday AI Sponsored Snaps, an advertising tool that will allow users to chat with AI bots from a brand partnered with the social media platform. It’s one of the many ways the company has continued to lean into AI. But Snap CEO Evan…