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Tech News
Apple updated its leadership page to reflect John Ternus's new role as CEO, adding an entirely new paragraph to his official bio. The addition emphasizes his work on product reliability, durability, and materials innovation, including recycled aluminum and 3D-printed titanium components, as well as improvements to product repairability and lifespan.
An entrepreneur who returned as CEO of his company in early 2024 describes reorganizing its technology strategy around profitable growth just as large language models surged in prominence. Rather than chasing AI investment without restraint, as he observed many companies doing, he prioritized cost discipline, setting a goal of $100 million in free cash flow within three years while using AI to address internal data problems that mirror those of the company's merchant customers.
Lionel Messi, who this week announced his retirement from Argentina's national team, has for years operated a venture capital fund called Play Time HoldCo, co-founded with Razmig Hovaghimian in October 2022 with an initial target of about $200 million. The fund holds stakes in AI startups including World Labs, Field AI, Fish Audio, Perceptron, Intangible and SuperAnnotate, and Messi separately holds equity in Sorare, KRÜ Esports, and Inter Miami, now valued at $1.45 billion.
A new NBER working paper examines how New York City's congestion relief zone, launched January 5, 2025, affected emergency medical service response near the toll boundary at 60th Street. Using half a million EMS dispatch records and traffic camera data, researchers found hospital transport times fell by 54-59 seconds and total EMS travel time dropped by roughly 63-70 seconds within a 5-kilometer band around the zone's edge.
Waymo has opened its self-driving ride service to the public in three new cities, bringing its commercial footprint to 14 U.S. metros. The rollout, which will expand gradually, pushes Waymo's fleet of Jaguar I-Pace vehicles and its new Ojai minivan past 4,000 cars.
Saab has unveiled the A3, a tailless, supersonic, double-delta-wing uncrewed combat aircraft concept designed to fly alongside its Gripen E fighters starting in the early 2030s. The company positions the A3 as a high-end 'peer-capable' companion rather than a low-cost attritable drone, and views it as a technological bridge toward Sweden's planned crewed fighter replacement in the 2040s.
In a follow-up piece, Andrea Chiarelli argues that authorization terminology like RBAC, ABAC, PBAC, MAC, DAC, ACL and ReBAC is routinely misfiled into a single 'model' category despite answering entirely different questions. Building on an earlier essay distinguishing PBAC as an architecture rather than a model, Chiarelli proposes breaking authorization systems into five separate questions to classify them accurately instead of treating all these terms as competing alternatives.
Waymo has started offering driverless rides to the public in San Diego, Tampa and Denver, marking its first commercial operations in Colorado, while Amazon's Zoox announced plans to begin testing its vehicles with human safety drivers in Houston and San Diego. Zoox says it will operate in 12 U.S. markets once those two cities launch, though its only paid service remains in Las Vegas.
A growing number of couples are signing prenuptial agreements primarily to establish how assets like homes, investments, and retirement accounts will be handled if a spouse dies, rather than solely to prepare for divorce. This shift broadens the traditional purpose of prenups beyond their conventional association with marital breakup.
DoorDash consumer trend data indicates pumpkin spice lattes may be past their peak popularity, with pecan orders up 28% year over year. Major chains including Starbucks, Dunkin', McDonald's, Chick-fil-A, Wendy's and Dairy Queen have responded by rolling out fall drinks built around pecan, banana, tiramisu, apple, marshmallow and s'mores flavors, with McDonald's skipping pumpkin entirely this season.
New SAP research shows 62% of C-suite executives are unhappy with how poorly their people and business performance data are integrated. While half of organizations plan for AI's effect on productivity, only 21% plan for its impact on job design and organizational structure, exposing a major disconnect between HR, finance and procurement systems.
Industry leaders discussing AI-driven legacy system modernization outlined a two-sided return-on-investment framework: technical gains like faster releases, platform stability, lower operating costs and improved security, alongside business-side gains measured through customer satisfaction metrics such as net promoter scores and app store ratings. They stressed that modernization efforts should be evaluated on both fronts rather than treated purely as IT projects.