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In 1975, the Forest Service limited Aspen Skiing Company to a 10% lift ticket increase, from $10 to $11, after residents flooded the agency with complaints and Senator Floyd Haskell intervened. At the time, resorts on public land needed annual federal permits and routinely sought approval before raising prices.
Instagram unveiled 'First Draft,' a feature that automatically trims clips and cuts pauses to generate an initial Reels edit in under 10 seconds. The tool is rolling out first on iPhone, accessible via the camera during recording or through the Reels gallery after selecting clips.
Chris Malone, who led OpenAI's data center operations, has exited the company. His departure adds to a growing list of senior executives leaving OpenAI as it accelerates infrastructure spending and moves toward a possible IPO.
The FDA has authorized the Libre Duo 10 Day Continuous Dual Glucose Ketone Monitoring System for diabetes patients aged 2 and up. It is the first wearable in the U.S. to continuously track ketone levels and the first worldwide to combine continuous ketone and glucose monitoring in one device. Sensors measure both substances every minute in fluid beneath the skin and send readings wirelessly to a paired smartphone.
Ziff Davis' CNET Group is running a five-site trivia contest asking readers to predict details of Apple's upcoming fall event, including whether Tim Cook and John Ternus will appear together, whether smart glasses will be unveiled, and the price of a rumored foldable iPhone. The third round runs from Aug. 18 to Sept. 1, with entries open on each participating site, though each entrant can win only one Apple Watch in the September drawing.
Perplexity and Nvidia have released an AI agent designed to run entirely on local hardware rather than through cloud-based inference, eliminating per-token usage charges. The system relies on on-device processing, letting users run agentic AI workflows without sending data to remote servers or paying ongoing API costs.
Conservators at the Indianapolis Museum of Art at Newfields are researching the phosphorescent and fluorescent pigments used by late fashion designer Stephen Sprouse in his 1980s Day-Glo creations, aiming to prevent the colors from dulling with age. They presented their findings this week at an American Chemical Society meeting in Chicago, tracing the chemistry behind glow-in-the-dark materials from historical phosphor research to modern DayGlo pigments.
Pebblebee has released LÔC8, a slim, tube-shaped tracker built to slide inside bike handlebars, golf club shafts, or similar hollow objects rather than sit exposed like typical trackers. It works with both Android's Find Hub and Apple's Find My networks, uses a replaceable (though hard-to-source) ER10250 battery, and is rated for roughly three years of use.
CD Projekt Red revealed The Witcher 3: Wild Hunt Remastered, a free upgrade for current owners launching September 29 on PC, PS5, Xbox Series, and Switch 2, with overhauled graphics, combat, traversal, and mod support. The studio also confirmed existing owners will get the Hearts of Stone and Blood and Wine expansions for free, and teased a new paid expansion called Songs of the Past due in 2027.
Reese Witherspoon's book club is moving beyond online recommendations into small, in-person gatherings, hosting an event for under 100 fans at Manhattan's Hudson Yards. Attendees, mostly women, relaxed on beach chairs, swapped book recommendations, and discussed topics like audiobooks versus hardbacks and favorite book-to-screen adaptations.
A franchise consultant who has advised over 1,000 candidates says validation calls with existing franchise owners are a frequently skipped but essential step in the discovery process. These calls happen after reviewing the Franchise Disclosure Document but before Discovery Day or signing, and are meant to confirm claims made by the franchisor directly with people already running the business.
An Entrepreneur contributor argues most companies claiming to be 'AI companies' have simply bought licenses and run pilots, not restructured how they operate. The piece defines true AI-native organizations as ones built on the assumption that intelligence is cheap and abundant, where workflows, staffing and measurement would collapse without the models—unlike adopters, who could remove AI tools and keep functioning, just slower.