Apple on Tuesday unveiled the iPhone 17 family of smartphones and a thinner iPhone Air model, along with new Apple Watches and an updated set of AirPods headphones.
Why it matters: Apple faces tremendous pressure to deliver a hit new device as the company lags behind competitors in the AI race.
Anglo American on Tuesday said it's agreed to buy Canada's Teck Resources, via an all-stock deal that would give the combined company a market cap of around $53 billion.
Why it matters: This would create one of the world's largest miners of copper, a metal essential to both data centers and renewable energy.
Level99, which is best-described as a real-world gaming venue for adults, tells Axios that it's raised $50 million from ACT III Holdings, the investment firm led by Panera founder and Cava chairman Ron Shaich.
Why it matters: "This could be the most exciting business I've ever been involved with, and that includes Cava," Shaich says.
Modern innovation isn't possible without chemistry — and Chemours, an American Chemistry Council (ACC) member company, is at the heart of this progress.
"At Chemours, our materials are essential," says Denise Dignam, president and CEO of Chemours. "Whether it's in data centers, semiconductors, coatings or batteries — we're absolutely necessary."
An example: One of the fastest-evolving sectors, AI, may not be possible without the technology Chemours and other ACC members provide, according to Dignam.
Expect consumer hardware rather than AI software to be the focus of the Meta Connect conference next week, according to a source familiar with the event.
Threats of AI's white-collar bloodbath are making blue-collar jobs look more attractive — but Gen Z and their parents are still choosing college, per a new report from home services software maker Jobber.
Why it matters: Pundits call Gen Z "the toolbelt generation," but the data says college-track kids aren't rejecting the traditional choice of higher education yet.
Defense firms Aeon Industrial and X-Bow Systems are teaming up to develop, test and make tactical missiles.
Why it matters: It's a pair of smaller defense-tech companies proactively working on problems — munitions production and solid-rocket motor diversity — plaguing the Pentagon.
"It really represents a shift in how the defense industrial base needs to operate," Maureen Gannon, X-Bow's chief revenue officer, told Axios.
