Aug 31, 2017

Apple's Sept. 12 iPhone event to take place at new 'spaceship' campus

Apple on Friday sent invitations to a Sept. 12 event in the Steve Jobs Theater at its new "spaceship" campus in Cupertino.

"Let's meet at our place," reads the invitation to reporters. The most anticipate of the new products will be an all-new iPhone featuring an edge-to-edge screen, no physical home button and state-of-the-art facial recognition technology (which we wrote about this morning.)

Here's what to expect:

  • Three new iPhones. Two will be modest updates to the iPhone 7 and iPhone 7 Plus, plus the high-end model detailed above
  • Updates to the Apple Watch line, including models with built-in cellular connections
  • An Apple TV set-top box capable of displaying 4K content
  • A final version of iOS 11, an update to the iPhone/iPad operating system that supports augmented reality, among other new features
  • The "High Sierra" update to MacOS

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,251 people and infected almost 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.