Samsung

When it bought Viv Labs last year, Samsung said it planned to make the company's voice-powered assistant a key part of its future.

Now, just ahead of next week's debut of the Galaxy S8, Samsung is offering mored details on Bixby, as the assistant is now known. The Korean electronics giant says that Bixby, unlike Apple's Siri or Google's Assistant will be able to tackle most anything a smartphone app as opposed to handling just a small subset of features.

"Bixby is at the heart of our software and services evolution as a company," Samsung R&D chief InJong Rhee said in a blog post on Monday. "As the Bixby ecosystem grows, we believe Bixby will evolve from a smartphone interface to an interface for your life."

Bixby will begin life handling tasks for Samsung's built-in apps for the S8, but will be added over time to other Samsung products, including TVs and appliances. Other app makers will also be able to allow Bixby to work with their apps.

Why it matters: Afrticial intelligence and voice-powered computing are seen as key areas for computing, not just for phones but also for all manner of devices. It also puts Samsung back in software competition with Google, an area where Samsung has not had much success.

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Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.