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- Trump Threatens 100% Tariffs on Europe Over Tech Taxes
The president claimed the tariffs would override a trade deal with the European Union, which European officials finalized just days ago. [TheTopNews] Read More.47 mins ago - Tech CEO predicts AI glasses will turn Americans into ‘walking camerasR...
The next era of mobile technology will turn everyday Americans into "walking cameras" as AI-powered smart glasses monitor everything they see and hear, according to Qualcomm CEO Cristiano Amon.During an appearance on "Mornings with Maria," Amon described a future in which ultra-fast 6G networks will allow smart glasses to stream information to AI models in real time. He said the shift could reshape both the technology industry and everyday life. "6G is going to transform all of us into walking cameras because we have the ability to, everything that we see, send it to AI models that will interact with us and get intelligence right away," Amon said Friday. "And that's an exciting new device category."MICROSOFT CEO HAS A WARNING ABOUT THE AI RACEQualcomm is known for creating technology inside devices such as smartphones, allowing them to connect to the internet. Earlier this week, Qualcomm announced its latest partnership with Meta to support the company’s rapidly growing computing needs.Amon pointed to smart glasses as a key device for the future, saying they allow people to interact with technology close to their faces while AI processes what users see and hear.BESSENT LAYS OUT 5 PRINCIPLES GUIDING TRUMP ADMIN'S APPROACH TO ECONOMIC STATECRAFT"There’s a very interesting thing about glasses, and Meta is correct, and there’s many other companies investing in this," he said. "As we humans start to interact with the computers the way we interact with ourselves, glasses is a very important real estate because it's close to our eyes, our ears, our mouth. And AI is [going to] see what we see, hear what we hear, read what we read. And then you have this intelligence very quickly."JEFF BEZOS PREDICTS AI WILL CREATE A LABOR SHORTAGE, NOT REPLACE HUMAN WORKERS ACROSS THE ECONOMYMeta, Google and Apple have all invested in developing their own smart glasses, with newer models incorporating artificial intelligence. On Tuesday, Meta announced a new line of lower-cost AI glasses powered by the company's AI technology, Muse Spark. CLICK HERE TO GET FOX BUSINESS ON THE GOQualcomm has also expanded its focus into data centers and AI software. It introduced a new "Dragonfly C1000" central processing unit that it says Meta is using. The company also plans to acquire AI startup Modular."I was reading a lot of the analyst reports from Investor Day, and there's one headline that really, I really liked it and it caught my attention. There's a headline… [TheTopNews] Read More.1 hour ago - New ISA and Lifetime ISA changes explained
In this week’s episode, there’s a deep dive into first-time buyer savings, with a special focus on Lifetime ISAs. [TheTopNews] Read More.2 hours ago - Mamdani celebrates rent freeze for stabilized housing as board member quits, bla...The New York City Rent Guidelines Board (RGB) voted 7-1 on Thursday to freeze the rent for rent-stabilized apartments.A summary of the rent-stabilized apartment guidelines adopted on Thursday indicates that "Together with such further adjustments as may be authorized by law, the annual adjustment for leases for apartments shall be" 0% for one-year and two-year leases starting "on or after October 1, 2026, and on or before September 30, 2027."New York City Mayor Zohran Mamdani, whose prominent rent-freezing pledge marked a key plank of his Big Apple mayoral campaign last year, issued a statement hailing the board's move."This is a historic victory for New York City tenants. After reviewing the data and hearing from New Yorkers across the city, the independent RGB has delivered a freeze on one-year leases, and the first-ever freeze on two-year leases in our city’s history. This is the relief that working people across our city deserve," the mayor declared in the statement.KEN GRIFFIN FIRES BACK AT MAMDANI, SAYS BUSINESS LEADERS MUST ‘FIGHT FOR THEIR CITY’"I’m grateful for the board members’ thoughtful consideration of the data, including tenants’ ability to pay, cost of living and building operating costs. I’ll continue working to deliver a more affordable city by building and preserving affordable housing, lowering building operating costs like insurance, and ensuring tenants know their rights," he added.The board is stacked with six people appointed by Mamdani."Chantella Mitchell will serve as the Chair of the RGB; Sina Sinai, Lauren Melodia and Brandon Mancilla have been appointed as public representatives; Maksim Wynn will serve as an owner representative; and Adán Soltren has been reappointed as a tenant representative," a February press release noted. "They join Arpit Gupta, Christina Smyth and Sagar Sharma on the nine-member board."MAMDANI-BACKED SOCIALIST WINS IN NEW YORK EXPOSE GROWING RIFT BETWEEN DEMOCRATIC ESTABLISHMENT, INSURGENT LEFTSmyth issued a statement announcing her immediate resignation on Thursday morning, prior to the board's vote later that day."I am resigning because the process I was appointed to take part in is not administered the way the law requires. The Rent Guidelines Board has stopped being a fact-finding body. It has become a body that starts with an answer and vibe codes its way backward to justify it," she asserted in a statement."This year's RGB order was decided last year on the campaign trail. Then in February, the Mayor appointed six of the nine members of this board. This rebuilt board was required… [TheTopNews] Read More.2 hours ago
- Apple raises iPad and MacBook prices as memory chip costs surgeApple on Thursday announced that it raised prices on its iPad and MacBook devices because of rising memory and chip costs amid the rapid buildout of the AI industry.The tech giant excluded its primary cash cow, the iPhone, from the price hikes but will raise prices on the other devices as Apple said it couldn't afford to continue insulating consumers from the mounting cost of memory and storage chips."We have never seen a component price increase this much, this quickly," Apple said in a statement. "We have shielded our customers from these increases so far, but we have now reached a point where we need to begin raising prices on a number of products, including today's increases for the iPad and Mac."The price hikes show that even the world's most valuable consumer electronics company and its strong supply chain relationships are not immune to the surge in prices for memory chips that has dampened the outlook for smartphone and PC sales.APPLE TO WORK WITH INTEL ON US CHIP DESIGN AND PRODUCTION, TRUMP SAYSMemory chipmakers such as Micron have moved to prioritize orders from AI chipmakers like Nvidia in recent months, which has helped them earn record profits but has constrained supplies available for the makers of electronic devices and prompted them to raise prices.Apple's Neo, the company's lowest priced laptop that aims to compete with affordable versions of Windows and Chromebook laptops, is one of the products that will be subject to the price hikes and will go from $599 to $699 months after launch.The company also raised the price of the MacBook Air with 512 gigabytes of storage from $1,099 to $1,299; while the MacBook Pro with 1 terabyte of storage price rose from $1,699 to $1,999; and the price of the iPad Air with 128 gigabytes of storage rose from $599 to $749.APPLE CHIEF TIM COOK SAYS IT WAS THE 'RIGHT TIME' TO STEP DOWN AS CEOApple also hiked prices for both versions of its HomePod smart speaker and Apple TV set-top box.The announcement comes after Apple CEO Tim Cook told The Wall Street Journal in an interview earlier this month that "price increases are unavoidable.""We're doing our best to mitigate the huge increases that are being passed to us, and we've been trying to shield our customers from the increases, but the situation has become unsustainable," Cook said in the interview.APPLE CEO SAYS PRICE HIKES ARE 'UNAVOIDABLE'… [TheTopNews] Read More.2 hours ago
- Leon Black Decries ‘Vicious Narratives’ About His Relationship With EpsteinIn prepared testimony before a House committee, Mr. Black said he had never sexually abused women and defended the hefty fees he had paid Jeffrey Epstein for tax and estate advice. [TheTopNews] Read More.3 hours ago
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