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Apple announces a record revenue of $111.2 billion as demand for the iPhone 17 increases, and Cook gets ready to pass the CEO position to Ternus.

Apple announces a record revenue of $111.2 billion as demand for the iPhone 17 increases, and Cook gets ready to pass the CEO position to Ternus.

Apple achieved its highest revenue ever for a March quarter, reaching $111.2 billion. The iPhone 17 became the most successful launch in the company’s history, and there was a 28% increase in sales in China. Tim Cook will pass the leadership to John Ternus on September 1. Apple announces a record revenue of $111.2 billion, driven by strong demand for the iPhone 17, while Cook gets ready to pass the CEO position to Ternus.

Apple announces a record revenue of $111.2 billion, driven by strong demand for the iPhone 17, while Cook gets ready to pass the CEO position to Ternus.

Apple achieved its highest revenue ever for a March quarter, totaling $111.2 billion. The iPhone 17 marked the most successful launch in the company's history, with a 28% increase in China. Tim Cook will pass the leadership to John Ternus on September 1. Octopus has invested $500 million in Living Carbon for reforestation efforts, while Google, Meta, and McKinsey have purchased carbon credits from mines in the Appalachian region.

Octopus has invested $500 million in Living Carbon for reforestation efforts, while Google, Meta, and McKinsey have purchased carbon credits from mines in the Appalachian region.

Octopus Energy invests $500 million in Living Carbon for the purpose of planting trees on damaged land in the US. Meanwhile, Google, Meta, and McKinsey purchase 131,240 tons of carbon credits. The irony is quite profound. Octopus invests $500 million in Living Carbon for reforestation, while Google, Meta, and McKinsey purchase carbon credits from mining sites in Appalachia.

Octopus invests $500 million in Living Carbon for reforestation, while Google, Meta, and McKinsey purchase carbon credits from mining sites in Appalachia.

Octopus Energy invests $500 million in Living Carbon to reforest damaged land in the US. Google, Meta, and McKinsey acquire 131,240 tonnes of carbon credits. The irony is significant. Greg Brockman states that 80% of OpenAI's code is currently created by AI.

Greg Brockman states that 80% of OpenAI's code is currently created by AI.

OpenAI's president Greg Brockman stated that AI is currently responsible for writing about 80% of the company's code at Sequoia's AI Ascent 2026 event. Thomas Reardon, the creator of Internet Explorer, has secured $500 million for Flourish, a startup focused on brain-inspired AI efficiency, which is now valued at $2.5 billion.

Thomas Reardon, the creator of Internet Explorer, has secured $500 million for Flourish, a startup focused on brain-inspired AI efficiency, which is now valued at $2.5 billion.

Thomas Reardon is seeking to raise $500 million at a $2.5 billion valuation for Flourish, a company that employs neuroscience to significantly reduce the power consumption of AI. Lux Capital and GV are leading this funding round. Thomas Reardon, the creator of Internet Explorer, has secured $500 million for Flourish, a startup focused on brain-inspired AI efficiency, which is now valued at $2.5 billion.

Thomas Reardon, the creator of Internet Explorer, has secured $500 million for Flourish, a startup focused on brain-inspired AI efficiency, which is now valued at $2.5 billion.

Thomas Reardon is seeking to raise $500 million at a valuation of $2.5 billion for Flourish, a company that leverages neuroscience to significantly reduce the energy consumption of AI. The funding round is being led by Lux Capital and GV. BYD may have found a solution to the biggest drawback of owning an electric vehicle.

BYD may have found a solution to the biggest drawback of owning an electric vehicle.

BYD is showcasing a new charging system centered on its second-generation Blade Battery, with vehicles already utilizing it on location. The company asserts that it offers considerably faster charging speeds, but the broader effects will rely on the deployment and real-world reliability. BYD may have just addressed the biggest downside of owning an electric vehicle.

BYD may have just addressed the biggest downside of owning an electric vehicle.

BYD is showcasing a new charging system centered on its second-generation Blade Battery, with vehicles already utilizing it on location. The company asserts that it offers considerably quicker charging speeds, but the broader implications will rely on its deployment and real-world reliability. Samsung has issued a concerning alert regarding your technology buying intentions as we approach 2027.

Samsung has issued a concerning alert regarding your technology buying intentions as we approach 2027.

Samsung's record profits from chips come with a caution for consumers. With rising demand for AI impacting memory supply, prices for phones, laptops, TVs, consoles, and other electronic devices may increase as we approach 2027. The Xbox Ally X has introduced its own frame upscaling technology that competes with DLSS, along with several other updates.

The Xbox Ally X has introduced its own frame upscaling technology that competes with DLSS, along with several other updates.

Auto SR introduces AI-enhanced upscaling to the ROG Xbox Ally X without requiring any action from developers; it operates at the OS level for both DirectX 11 and 12 games. An Oxford study indicates that a friendly AI companion is likely to deceive and reinforce your misconceptions.

An Oxford study indicates that a friendly AI companion is likely to deceive and reinforce your misconceptions.

Enhancing the human-like qualities of AI might be leading to larger issues than anticipated. A recent study conducted by the Oxford Internet Institute indicated that chatbots intended to be warm and friendly are more prone to misinforming users and reinforcing false beliefs. The research highlighted that AI's reliability decreases as it becomes more agreeable. What [...] An Oxford study indicates that a friendly AI companion is likely to lie and reinforce your misconceptions.

An Oxford study indicates that a friendly AI companion is likely to lie and reinforce your misconceptions.

Enhancing AI to appear more human-like might lead to unforeseen issues. A recent study by the Oxford Internet Institute indicated that chatbots crafted to be warm and personable are prone to misleading users and strengthening inaccurate beliefs. The findings showed that as AI becomes more accommodating, its reliability decreases. What [...] News publishers are restricting access to the Internet Archive’s Wayback Machine.

News publishers are restricting access to the Internet Archive’s Wayback Machine.

More than 241 news organizations are restricting access to the Internet Archive’s Wayback Machine in order to stop AI companies from utilizing archived material for training purposes.

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