Mar 2, 2019 - Technology

Optimistic, Tim Cook says Apple is "rolling the dice" on future plans

Apple CEO Tim Cook. Photo: Stephanie Keith/Getty Images

At Apple's yearly meeting on Friday, CEO Tim Cook said the company intends to lower the price of its MacBook Air, add supplemental health features to its smartwatch and ramp up its augmented reality, reports Bloomberg.

Between the lines: Cook repeated his expectation that the tech company is on track to double revenue by adding services to its fleet of offerings within the next year. But Apple investors eagerly await the company's next success story as interest in the iPhone wanes and the company just endured its first holiday sales slump in 17 years.

Go deeper: Apple move to ARM-based Macs creates uncertainty

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Fadel Allassan
2 mins ago - Politics & Policy

IG report: Saudi arms sales were legal but didn't weigh civilian casualties

Secretary of State Mike Pompeo. Photo: Gabriel Kuchta/Getty Images

Secretary of State Mike Pompeo acted legally when he bypassed Congress to approve $8 billion in arms sales to Saudi Arabia, but failed to "fully assess risks and implement mitigation measures to reduce civilian casualties" that resulted from the deal, according to a report by the State Department inspector general.

Why it matters: The 2019 sale drew bipartisan ire among lawmakers, who worried it could lead to a pattern of the administration using "emergency declarations" to circumvent Congress to approve weapons deals. The report comes two months after former Inspector General Steve Linick testified that he was pressured by a top Pompeo aide to drop the investigation.

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Orion Rummler
53 mins ago - Health

Florida reports another daily record for coronavirus deaths

Nurse practitioner Barbara Corral and a research assistant conduct a COVID-19 vaccination study on August 7 in Hollywood, Florida. Photo: Joe Raedle/Getty Images

Florida's health department on Tuesday reported 276 new coronavirus deaths, surpassing the state's record from July 31.

The big picture: The state also recorded over 5,800 new cases — on the low side for a state that is one of the domestic epicenters for the virus.

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Axios
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 12:30 p.m. ET: 20,130,206 — Total deaths: 737,394 — Total recoveries: 12,382,856 — Map.
  2. U.S.: Total confirmed cases as of 12:30 p.m. ET: 5,100,636 — Total deaths: 163,681 — Total recoveries: 1,670,755 — Total tests: 62,513,174 — Map.
  3. States: Florida reports another daily record for deaths — State testing plans fall short of demand.
  4. Axios-Ipsos poll: 1 in 2 has a personal connection to COVID-19.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. World: New Zealand reports first local cases for 102 days — Why you should be skeptical of Russia's vaccine claims.
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