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Apple's new CEO John Ternus introduced the iPhone Duo, the company's first foldable device, at a Cupertino launch event. The phone opens to a 7.6-inch screen and will launch October 23 at a price lower than analysts anticipated, while Apple also debuted an AI-driven Siri, a new A20 Pro chip, and a $100 price increase on the standard iPhone 18 Pro lineup.
Brent crude climbed past the $100-per-barrel mark amid escalating US-Canada trade tensions, while Apple prepared to hold its annual product event, expected to unveil its first foldable iPhone. The event also marks the public debut of John Ternus, who recently took over as Apple's CEO, with analysts watching for potential price increases across the product lineup.
According to an Entrepreneur op-ed, the brief period of 'sleep inertia' right after waking is when short-term memory is emptiest and the brain is most receptive to setting its focus for the day. The piece argues that grabbing your phone to scroll social media during this window floods the brain with distraction and negativity, harming mood and attention for hours afterward.
A Boeing 767-300 cargo plane operated by 21 Air under Amazon's Prime Air branding overshot the runway at Miami International Airport on Sunday and caught fire. At least five people died and five more were injured, forcing the airport to shut down its runways temporarily.
Personal finance personality Suze Orman, who is worth tens of millions of dollars, says she still refuses to buy coffee out and brews her own Cafe Bustelo daily. She argues that redirecting the roughly $100 a month people spend on coffee into a Roth IRA could grow to about $1 million over 40 years, and she extends the same frugality to eating out, preferring home-cooked meals with her wife.
Lululemon reported a 4% revenue decline and 9% drop in comparable sales for its second fiscal quarter, sending shares down over 20%. Interim CEO Meghan Frank pointed to negative social media chatter and slower-than-expected demand for core products like leggings, ahead of incoming CEO Heidi O'Neill's start next week. Meanwhile, cybersecurity firm Zscaler topped fourth-quarter expectations with revenue up 25% year-over-year, though its stock has lagged industry peers despite rising AI-related security demand.
On the morning of Sept. 3, multiple leading AI chatbots—OpenAI's ChatGPT, Anthropic's Claude, Google's Gemini and xAI's Grok—went down around the same time, roughly 9:30 a.m. ET. Anthropic confirmed an infrastructure issue affected Claude.ai, Claude Code, Claude Cowork and its API, restoring service by about 12:16 p.m. ET, while other providers' services also returned to normal later that day.
Nvidia announced a deal to purchase open-source AI platform Hugging Face for roughly $13 billion, news that broke alongside the close of the G20's two-day Innovation Ministerial in Chapel Hill. At the summit, tech leaders including Nvidia's Jensen Huang and OpenAI's Sam Altman pushed governments to treat AI adoption as essential, while officials debated the costs and benefits of data center expansion.
At the G20 Innovation Ministerial in Chapel Hill, North Carolina, top AI executives including Nvidia's Jensen Huang, Anthropic's Tom Brown and OpenAI's Sam Altman joined a session led by Commerce Secretary Howard Lutnick and OSTP Director Michael Kratsios. Treasury Secretary Scott Bessent separately said AI firms have done a poor job explaining themselves to the public, reflecting growing scrutiny of the sector and its data center footprint. Separately, Lutnick told CNBC the administration is drafting a framework for semiconductor tariffs.
John Ternus formally took over as Apple's chief executive today, succeeding Tim Cook after his 15-year run atop the company. Cook now moves into the role of executive chairman, and Ternus is expected to make his first major public appearance as CEO at Apple's launch event next week, where new iPhones and Apple Watches are anticipated.
A CNET writer shares a simple method for poaching eggs using only a bowl of salted water and a microwave, skipping the stovetop entirely. The process involves cracking an egg into a water-filled ramekin and microwaving it for roughly 40 to 60 seconds depending on desired yolk firmness, then lifting it out with a slotted spoon.
Iran reportedly struck two U.S. bases in Jordan after American forces hit Iranian rocket launchers on Larak Island, the first direct exchange of fire between the two countries in over a month. The clash, confirmed by U.S. Central Command, followed concerns that Iran was preparing to launch sea-mine-equipped rockets into the Strait of Hormuz, and it sent oil prices up more than 3%. Meanwhile, Treasury Secretary Scott Bessent and Fed Chair Kevin Warsh headed to North Carolina for G20 finance meetings, and Trump separately announced a deal giving the U.S. control over more than 65 billion barrels of Venezuelan oil reserves.