Apple's crown jewel, the iPhone, is becoming an increasingly sophisticated camera.
Why it matters: A delayed rollout of AI software features could set back demand for its newly unveiled devices, but its camera hardware upgrade could hook consumers within the creator economy.
The nominations forthis year's CMA Awards, which were released by the Country Music Association Monday, are a familiar run-down of the genre's biggest bold-faced names, including Morgan Wallen, Chris Stapleton and Lainey Wilson.
What's most noteworthy might be a name that's missing.
Why it matters:Beyoncé, who earlier this year became the first Black woman ever to top the country singles and album charts, was snubbed.
Her exclusion has already reignited the long-standing debate over diversity and racism in country music.
Jamie Heller, business editor at The Wall Street Journal, is joining Business Insider as its new editor-in-chief, the company's CEO told staff in a memo obtained by Axios.
Why it matters: Heller replaces Nicholas Carlson, who stepped down earlier this year. She's been with The Journal for more than two decades.
It's "the world's most ambitious skyscraper renovation," per Bloomberg — the transformation of HSBC's headquarters into a mixed-use development that will include not only retail but even residential components.
Why it matters: Office conversions almost never tackle a building this iconic, this large (1.1 million square feet), or this new (the tower was officially opened in 2003).
The political sands are shifting beneath U.S. Steel's proposed sale to Japan's Nippon Steel, but perhaps too late for President Biden to change his mind about stopping the deal.
Why it matters: Pennsylvania could determine the presidential election and U.S. Senate control.
Investment firm MNC Capital again raised its offer for Vista Outdoor, bumping its bid to around $3.2 billion for the entire business as the battle for control of the company rages on.
Why it matters: MNC's raising its offer, at a time when the market and peers are down significantly, will make it harder for Vista's board to turn away the suitor.
Sequoia Capital last week completed its $861 million purchase of Stripe shares from Sequoia limited partners, Axios has learned.
Why it matters: This is a stark example of just how thirsty LPs are for liquidity, as there was enough selling interest to fulfill the full allotment that Sequoia offered in July.
A landmark Justice Department case charging Google with violating antitrust laws in its ad-tech business is set to begin trial in a federal court in Virginia Monday.
Why it matters: Google already lost one major antitrust case this year when a federal judge ruled the tech giant illegally abused its search monopoly. A second loss could lead to sweeping changes in the firm's core business as it fights for leadership in the AI era.
Big Lots filed for bankruptcy protection Monday after the retailer's strategy of "extreme" discounts failed to deliver a turnaround.
Why it matters: With more than 1,300 stores in 48 states, the Columbus, Ohio-based company has about 27,700 employees and is hoping to stay in business, according to a court filing.
Mark Cuban has become a vociferous supporter of Vice President Harris' presidential bid, serving as a social media counterweight to fellow tech billionaires like Elon Musk.
Why it matters: Cuban has economic and health care bonafides in an election where inflation, taxes and abortion are taking center stage.
Investors' latest billion-dollar bet on an AI startup is throwing cash at brainy researchers promising to kick AI into "super" gear.
Why it matters: The money flowing into AI, which already pays for the scarce high-end chips and rivers of electricity needed to train vast new models, is also enabling a handful of industry pioneers to write their own tickets.
