Apple reportedly working to bring AI to the Vision Pro

June 30, 2024

Apple’s AI plans go beyond the previously announced Apple Intelligence launches on the iPhone, iPad, and Mac. According to Bloomberg’s Mark Gurman, the company is also working to bring these features to its Vision Pro headsets. It’s not the most surprising move — if Apple Intelligence (a whole suite of features including an improved Siri, […]

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Defense tech and ‘resilience’ get global funding sources: Here are some top funders

June 30, 2024

We live in a very different world since the Russian invasion of Ukraine in 2022 and Hamas’s Oct. 7 attack on Israel. With global military expenditure reaching $2.4 trillion last year, startups are hoping to get a share of the pie, and formerly reluctant investors are keen to help them do so. The U.S. budget […]

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Apple finally supports RCS in iOS 18 update

June 29, 2024

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. This week, Apple finally added support for Rich Communication Services (RCS) to Messages as part of the second developer beta of iOS 18. Until now, iPhone users could only send […]

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SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations

June 29, 2024

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued […]

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IRS finalizes new regulations for taxing crypto

June 29, 2024

Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden Administration’s Infrastructure Investment and […]

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