ibt-mailOct 29, 2024, 10:25 AM

Apple Rolls Out New AI Features Across Devices

Newsletter Oct 29, 2024 Quick Six Apple Intelligence rolls out new features across all devices Apple on Monday rolled out its first set of artificial intelligence features, dubbed "Apple

Newsletter Oct 29, 2024

Quick Six

Apple Intelligence rolls out new features across all devices
Apple on Monday rolled out its first set of artificial intelligence features, dubbed "Apple Intelligence," across its premium iPhone, iPad, and Mac devices, marking the tech giant's major push into generative AI. The release, first previewed by the company in June, marks Apple's foray into an AI race that has seen tech giants rush into ChatGPT-style technology. Google, Microsoft and Amazon also are convinced that AI's powers are the next chapter of computing and have invested heavily to avoid being left behind.
CHECK OUT THE NEW FEATURES OF APPLE INTELLIGENCE

Biden admin finalizes curbs on investment in Chinese tech
President Joe Biden finalized curbs on US investments in China involving sensitive technologies like semiconductors that pose a threat to national security, the Treasury Department said Monday. The new rules, which take effect on Jan. 2 next year, will prohibit US-headquartered firms, citizens, and permanent residents from engaging in transactions involving cutting-edge technology like semiconductors, artificial intelligence and quantum computing.
SEE CHINA'S RESPONSE TO THE US TECH CRACKDOWN

Boeing announces $19B stock offering amid costly strike
Boeing announced a stock offering on Monday expected to raise up to $19 billion, saying proceeds will go towards repaying debt and investing in its subsidiaries. The aviation giant, which last week reported a whopping $6.2 billion quarterly loss, has been suffering from a strike by some 33,000 US workers that has paralyzed two major plants since mid-September. Boeing announced an offer to sell 90 million shares of common stock.
THE IMPACT THE MOVE HAD ON BOEING'S STOCK PRICES

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Lawsuit challenges Musk's $1M giveaways

Philadelphia's chief prosecutor sued billionaire Elon Musk and his pro-Donald Trump political action committee on Monday to halt his $1 million giveaways to registered US voters in swing states. Musk stirred controversy after he announced the daily contest this month, prompting the Justice Department to warn that it may violate federal law which prohibits paying people to register to vote, according to reports. The lawsuit against the SpaceX and Tesla CEO's America PAC was filed in a Pennsylvania state court by Democrat district attorney Larry Krasner.

BIDEN CALLS OUT MUSK FOR VIOLATING IMMIGRATION POLICY

Police search for car linked to drop box fires

Police have identified a vehicle in connection with two election drop box fires, one of which destroyed hundreds of mail-in ballots in Washington. On Monday, police discovered incendiary devices in a ballot drop box in Portland, Oregon, that destroyed three mail-in ballots. They found another in Vancouver, Washington, that destroyed hundreds of ballots. Portland Police said surveillance images captured a Volvo at both locations, indicating the fires were started by the same person.

POLICE SAY CASES LINKED TO A THIRD FIRE AT ANOTHER BOX

$400K cheese theft: That's a lot of cheddar

Nearly 1,000 wheels of high-end, award-winning cheddar cheese were stolen from a London dairy over the weekend by after a thief posing as a wholesaler swindled Neal's Yard Dairy out of 48,488 pounds of cheddar valued at roughly 300,000 British pounds (US $390,000). Over 950 wheels of Hafod, Westcombe and Pitchfork Cheddar were delivered before the fraud was discovered, according to the dairy. The theft was carried out by a swindler posing as a wholesale distributor.

SEE HOW THE CLEVER THIEF MADE OFF WITH ALL THE CHEESE

Extra point

What is the most expensive type of cheese? How much does it cost?

Monday's answer: The New York Yankees and Los Angeles Dodgers have won a combined 31 World Series championships (soon to be 32).

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