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Apple gambles on AI features at lower cost

Apple has announced a new iPhone which brings artificial intelligence (AI) features at a lower cost than its flagship handsets. The iPhone 16e has the same processor as the larger iPhone 16, Apple said, with similar storage options, though a lower spec elsewhere, including fewer cameras. Apple has been struggling to find a new product […]

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Apple Unveils Lower-Priced iPhone 16e With A.I. Features

Less than a year after introducing its artificial intelligence capabilities, Apple is bringing the feature to its most affordable iPhone. On Wednesday, the company unveiled an iPhone that will cost $599 and feature an A.I. system it calls Apple Intelligence. The device brings A.I. features like notification summaries and writing recommendations in English to the […]

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Arsenal announce £17.7million loss after jump in player wages

Arsenal’s financial records revealed a jump in player wages from last season. Getty Arsenal have announced a loss of £17.7million ($22.3m) for the year ending May 31, 2024. The north London side generated a club-record £616.6m for the 12-month period — compared to £466.7m a year earlier — with £52.4m coming from player trading. Mikel Arteta’s […]

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Nikola, Electric Truck Maker, Files for Bankruptcy

Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle. Its share […]

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Is Russia Open for Business — and at What Cost?

We’re taking a look at President Trump’s plans to consolidate control over many of the agencies that oversee business, including the S.E.C., the Federal Trade Commission, the Federal Communications Commission and the National Labor Relations Board. For years, industry has complained about the alphabet soup of agencies, which often compete with one another. Some officials […]

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The Cryptocurrency Scam That Turned a Small Town Against Itself

In the Wichita courtroom, Hanes offered his only public reflection on the bank collapse. Wearing a gray suit, he walked up to the lectern, glancing nervously at his former friends in the gallery. “I’m sorry,” he told the judge. Until the very end, he explained, he thought he was involved in a legitimate business deal. […]

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Struggle Over Americans’ Personal Data Plays Out Across the Government

Last week, Michelle King, the acting commissioner of the Social Security Administration, sought to reassure Democrats on Capitol Hill about the presence of two of Elon Musk’s allies at her agency. The Social Security Administration keeps medical information, bank account numbers and other sensitive personal data about the roughly 70 million Americans it provides with […]

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Firings Expand at Interior Department With Purge of Probationary Workers

The Trump administration fired about 1,300 additional employees at the Interior Department over the holiday weekend, according to two people familiar with the matter, adding to the widespread purge of thousands of federal workers with probationary status that began last week. The Trump administration had also fired about 1,000 employees at the National Park Service, […]

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