While last quarter's overall iPhone sales came in below expectations, Apple CEO Tim Cook said Thursday that iPhone 16 sales are outperforming the prior year in countries where its Apple Intelligence features have launched.
Why it matters: The iPhone is critical to Apple's fortunes and drives significant revenue for a constellation of suppliers as well as other players, including cell service providers.
The deadly midair collision near Reagan National Airport outside D.C. Wednesday marks the deadliest air carrier crash in the U.S. since November 2001, when a passenger jet crashed in Queens, New York killing 265. Another 265 were killed in airplane crashes during the 9/11 terror attacks.
The big picture: Fatal crashes of commercial aircraft in the U.S. have become uncommon in the 21st century, as regulations have increased, technology has advanced and safety measures and controls have improved.
The Justice Department on Thursday sued to block Hewlett Packard Enterprise from buying Juniper Networks for $14 billion.
Why it matters: This is the first antitrust case filed by the Trump administration, even though most of the investigation was carried out under President Biden.
President Trump and his allies are blaming diversity, equity and inclusion initiatives for contributing to the tragic plane crash outside of D.C. Wednesday night, without providing any evidence of a link between the two.
Why it matters: Trump repeatedly cited DEI policies, a favorite boogeyman, at the Federal Aviation Administration as having some role in the plane collision during White House remarks. He also blamed Democrats who advanced inclusive workplace policies.
General Catalyst has reached out to several large organizations about buying a stake in its holding company, as it continues to expand beyond its venture capital roots, Axios has learned.
Why it matters: GC is one of the startup world's most active investors, with $32 billion in assets under management. Portfolio companies have included Airbnb, Anduril, and Stripe.
OpenAI will put its models on a supercomputer at Los Alamos National Laboratory and make them available to researchers at other U.S. national laboratories under a deal with the government announced Thursday.
Why it matters: OpenAI is positioning the move as part of an effort to work with the Trump administration and support U.S. leadership and innovation.
Chestnut Carbon, a nature-based carbon removal company, has inked a new, long-term agreement with Microsoft to provide the tech giant with removal credits from its projects in Arkansas, Texas and Louisiana.
Why it matters: The 25-year offtake agreement is among the largest U.S. afforestation, reforestation, and revegetation (ARR) projects to date.
People in the U.S. are leveraging TikTok, the app President Trump vowed to save because it's been friendly to him, to alert people of ICE agent sightings.
Why it matters: The goal is to undermine immigration enforcement's aggressive crackdown on undocumented immigrants by using TikTok's algorithm, which is known for its ability to rapidly share information in real time.
OpenAI's Sam Altman is making the rounds in D.C. on Thursday in an attempt to show unity with President Trump and announce a new initiative to make sure the government has the most capable AI.
Why it matters: Tech companies see an opportunity in the new Trump administration to shape AI policy.
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