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Stock market CRASH: What does Warren Buffett know that we don't??



Americans woke up on Monday morning to a stock market plunge after a bad day on Friday. The Dow plummeted hundreds of points, Warren Buffett is selling stocks like crazy, and to top it all off, Japan’s stock market had its worst day since 1987’s Black Monday.

Glenn Beck is understandably worried.

“Friday, we had a bad jobs report. We’re still not in a recession; indicators are showing that we’re headed towards one, but the indicators have been wrong before. We are headed towards one; we’re headed for a depression at some point,” Glenn Beck warns.

Glenn is concerned about what this might mean for ordinary Americans and the United States economy and consults financial expert Carol Roth for some advice.

Roth explains that while the Fed did not lower rates, it might be on the table in September.

“Normally, you would say, ‘Okay, the market wants the Fed to cut rates,’ but what happened is then we got a weak job report on Friday, and while sometimes the bad news can be good news for the market, in this case, they took it as bad news,” Roth tells Glenn.

“The Fed was behind the curve in terms of lowering rates,” Roth continues. “They felt like maybe this whole idea of a quote ‘soft landing,’ the idea that you can get the inflation down without wrecking the economy, is off the table.”

However, while it doesn’t look good, Roth says that “if there is any silver lining here,” it’s that the market did not open back up and continue to fall.

But there are still major indicators that something strange is going on, and one of them is Warren Buffett’s recent behavior.

“Another catalyst that we’ve seen is Warren Buffett,” Roth says. “He had lessened his position in Apple by about 49%.”

“That’s not lessening. That’s cutting it in half,” Glenn says. “He’s making some of the biggest sales he’s ever made. It’s almost as if he’s becoming bullish on America. What does he know that we don’t know?”

“Starting in 2019, he doubled down on Japan. So he has five really big companies and really big positions in Japan. So the day that we’re talking about Japan going down and at the same time the U.S. is going down,” Roth says. “It is interesting.”


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FACT CHECK: Did Apple Start Charging For The Use Of FaceTime?

A post shared on social media purports Apple will start to charge customers for the use of their video call feature, FaceTime.   Post by @rizz.almighty View on Threads   Verdict: False The claim is inaccurate. Fact Check: Apple will not introduce new features iPhone Mirroring and SharePlay Screen Sharing in the European Union, Bloomberg reported. The European […]

Apple announces AI for your iPhone — and OpenAI will be involved



During Apple’s messy and fast-paced WWDC 2024 keynote, the company announced its big move into AI — short for Apple Intelligence. Props to the clever marketers at Apple for hijacking an already well-established abbreviation. And, as rumored, Apple is officially partnering with OpenAI to integrate ChatGPT into the iPhone and iPad, but the vast majority of Apple’s new AI smarts are from Apple itself.

Unfortunately, Apple did a poor job of communicating this fact during the keynote, which it clarified during its State of the Union. While the keynote is aimed at a general audience, the State of the Union is when Apple addresses developers directly. The vast majority of Apple’s AI tasks will be handled by its own 3B parameter SLM that processes as much as possible on the device itself for speed and privacy. If it can’t be handled on-device, it’s farmed out to Apple’s Private Cloud Compute, and if that can’t handle the job, it will (with your permission), hand it off to ChatGPT or, at some point in the future, a model of your choice.

— (@)

Not everyone appreciates Apple’s foray into AI or its partnership with OpenAI. Elon Musk was quick to post on X: “If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies. That is an unacceptable security violation.” Of course, there is bad blood between Musk and OpenAI.

— (@)

Before you get too spooked about AI-powered iPhones, realize that this is going to be a slow rollout. When launched (not necessarily at the same time as iOS 18, iPadOS 18, and macOS Sequoia), it will still be in beta, and it’s limited to the following devices:

  • iPhone 15 Pro
  • iPhone 15 Pro Max
  • iPads with an M1 or later processor
  • Macs with an M1 or later processor

So many of us will be waiting a while to experience Apple Intelligence. But what exactly is Apple Intelligence?

Like many of Apple’s big initiatives, such as Continuity or iCloud, Apple Intelligence is an umbrella branding term that encompasses many smaller but related features. Let’s explore them individually to explain what Apple Intelligence really is.

Supercharged Siri

Apple had an early lead on voice assistants with Siri, but Siri has fallen woefully behind in the last decade, and that’s apparent if you’ve spent any time with ChatGPT’s Voice Mode. Siri can barely understand simple commands, while ChatGPT can hold a full conversation with you.

Apple’s new operating systems will introduce a new, supercharged Siri. Apple was unclear about how much of it is built on Apple’s tech and how much is being borrowed from ChatGPT, so it’s unclear just how many of these features will be available to all users:

  • Type to Siri: With iOS 18 and iPadOS 18, you can double-tap the bottom of the screen to bring up a text prompt where you can type requests to Siri instead of speaking them out loud.
  • Product knowledge: In an attempt to put tech writers out of business, you’ll be able to directly ask Siri questions about your device and how to use it.
  • Better handling of ambiguity: Voice assistants can be especially frustrating when we fumble in our speech, and the new Siri will be able to better handle that. An example Apple provides is, “Siri, set an alarm for — oh wait no, set a timer for 10 minutes. Actually, make that 5.”
  • Context awareness: Siri will remember previous points in the conversation. For instance, if you ask for directions to a location, you can then follow up with “What is the weather there?”
  • Screen awareness: Siri will be able to read what’s on your screen and act upon it. For instance, if a friend texts you his address, you can ask Siri to add it to his contact card.
  • Personal context: The new Siri will collect data on your device and use it to better understand your intent. For instance, you can ask Siri to “Play that podcast my wife sent me the other day,” or you could ask it for your passport number, assuming it’s stored on your device.
  • Action across apps: You’ll be able to give Siri commands like “Make this photo pop” and tell it to put that photo into a specific note in the Notes app.

Of course, with Siri knowing so much of your personal information from your devices, there are some serious privacy concerns that we’ll discuss below.

AI writing tools

Writing Tools are a set of new features coming to macOS, iOS, and iPadOS that let you select a block of text and take certain AI actions, such as:

  • Proofread the text;
  • Rewrite text to be more concise, friendly, or professional;
  • Create a summary of the text;
  • Break the text down into bullet points;
  • Create a table or list from the text.

You can also enter a custom prompt to direct how you want the text to be rewritten.

Images Courtesy of Apple Newsroom

Image generation

Apple also introduced several new features to generate images. The one that seems most poised to be a hit is Genmoji, which lets you create a new, custom emoji based on a text description. You can also create a Genmoji that resembles a person from your photo library.

Maybe the creepiest of the new features is the built-in image generator, called Image Playground, which will be available for use in apps and will have an app of its own. It’s very much akin to MidJourney or DALLE-3.

One of the most unique features for the iPad is called Image Wand, where you draw a circle in the Notes app and it will generate an image based on the content of the note. I’ll be curious to find out how well it works.

Finally, AI is coming to the Photos app to help create Memories based on a text description, remove unwanted objects from photos, and improve photo search.

Ephemeral AI features

Apple is integrating AI throughout its operating systems in all sorts of little ways that will change your user experience. Apple’s AI will be able to:

  • Prioritize emails and notifications it thinks are the most important;
  • Summarize long emails;
  • Help you automatically reply to emails;
  • Transcribe voice notes;
  • Use AI insights for a new Focus mode that eliminates distractions while elevating notifications that require your attention.

How the ChatGPT integration works

The built-in ChatGPT integration will be free for everyone, will not require an account, and will be completely opt-in: You’ll be prompted before Apple phones ChatGPT for help. If you have a paid subscription to ChatGPT Plus, you can log into your account and tap into those additional features.

Images Courtesy of Apple Newsroom

Unfortunately, we don’t yet know much more than that, and many think Apple is being gullible. “It’s patently absurd that Apple isn’t smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy! Apple has no clue what’s actually going on once they hand your data over to OpenAI. They’re selling you down the river,” Musk posted. Musk also pointed out that OpenAI had asked Scarlett Johansson to license her voice for ChatGPT, and did it anyway even after she refused.

There are many devils yet in the details, and more is sure to be revealed as this White Boy Summer progresses.

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'We missed the mark': Apple apologizes for iPad ad that depicts the crushing of instruments, books, and other tech

'We missed the mark': Apple apologizes for iPad ad that depicts the crushing of instruments, books, and other tech



Apple apologized for its latest promotion for a new iPad, after there were complaints about the company signaling that it wanted to destroy various forms of culture.

A commercial for the iPad Pro was posted by Apple CEO Tim Cook to X, stating that it was "the thinnest product we’ve ever created, the most advanced display we’ve ever produced, with the incredible power of the M4 chip."

"Just imagine all the things it’ll be used to create," the CEO added.

In a clear attempt to display all the products that its latest tablet could replace, the "Crush!" ad showed a giant industrial press destroying various forms of instruments and tech.

Items that received the death penalty were: TVs, a record player, a trumpet, a guitar, cameras, books, paint cans, a typewriter, and an old-school arcade game reminiscent of Space Invaders.

The ad closed out with showing off how thin the latest iPad is and a voice that said, "The most powerful iPad is also the thinnest."

Hollywood did not opt for claims that the product was fat-phobic but rather that it was an attack on culture.

"The destruction of the human experience. Courtesy of Silicon Valley," actor Hugh Grant wrote.

"Unintentionally perfect metaphor for how we are destroying beauty for profit[.] Bravo," said video game director David Goldfarb.

"Truly, what is wrong with you?" added filmmaker Justine Bateman.

"We missed the mark with this video, and we're sorry."

Meet the new iPad Pro: the thinnest product we\u2019ve ever created, the most advanced display we\u2019ve ever produced, with the incredible power of the M4 chip. Just imagine all the things it\u2019ll be used to create.
— (@)

Two days after the release of the commercial, Apple distributed an official apology.

"Creativity is in our DNA at Apple, and it's incredibly important to us to design products that empower creatives all over the world," Apple's vice president of marketing communications, Tor Myhren said, according to Variety.

"Our goal is to always celebrate the myriad of ways users express themselves and bring their ideas to life through iPad. We missed the mark with this video, and we're sorry," the statement concluded.

The ad had nearly 60 million views at the time of this writing on Cook's X page alone.

"Even if I were to be super courteous and assume Apple had the best of intentions with the ad, and merely expressed themselves poorly, the idea that the iPad replaces all of those objects is a total lie," said director Cody Clarke.

"I almost feel like the controversy was intentional in order to distract from that. We're all busy being up in arms about the offensiveness of the weird, almost ritualistic ad, and we're not stopping for a second to say 'wait—there's no way that iPad renders all of those things obsolete.' It's impressive, but not paradigm-shifting like the iPhone was," Clarke added.

Interestingly, the TV spot mimics a 2008 LG phone commercial that shows the industrial crushing of a violin, speakers, drums, and cameras.

The LG KC910 Renoir boasted an eight megapixel camera, a touch screen, and wi-fi connectivity.

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