Apple AI chief John Giannandrea is retiring, the company said Monday. Amar Subramanya, a prominent AI researcher and former employee of Microsoft and Google, will join the company to lead its work in the field.
Why it matters: Apple outlined a bold strategy for Apple Intelligence but has struggled to deliver on key components, including modernizing its Siri assistant.
Multiple bomb threats were received at Chuck Schumer's (D-N.Y.) offices across New York on Monday, the Senate minority leader announced in a statement.
Driving the news: Schumer said his offices in Rochester, Binghamton and Long Island were targeted with bomb threats via emails with the subject line "MAGA."
New York City is getting three new casinos — including one expected to be located next to the New York Mets stadium — in a major expansion of legal gambling.
Why it matters: The gambling industry has long been eager to tap into the biggest city in the U.S., a hallmark of wealth, capitalism and risk taking.
Nvidia has been on an investing spree the last two years, expanding the AI economy — a boom that helped make the company the most valuable in the world.
Why it matters: If that sounds a bit circular, that's what skeptics have said too, questioning whether the huge amounts of money from Nvidia and others going into AI infrastructure can ever be profitable.
Institutional investors are doubling down on gold and sticking with Big Tech heading into 2026, per a new Goldman Sachs survey of more than 900 clients.
Why it matters: The results could indicate that the recent pressure in gold and tech is temporary rather than a broader hit to long-term conviction on both asset classes.
Every advertiser seems to know of MrBeast. YouTube wants them to know more creators who have similarly built studios to produce high production quality shows.
Why it matters: Even as YouTube dominates watch time, increasingly so on TVs, the company has yet to fully break into the budgets and planning cycles of traditional TV buyers.
Why it matters: The compound of the words "rage" and "bait" has seen a "three-fold increase in usage" over the past year, "suggesting that more people than ever are aware of the negative effects that online life can bring alongside all the positives," per an online post by the publisher of the Oxford English Dictionary.
