vanityfair.com
This fear of missing out on another tech boom has not only engulfed Nvidia but also spread across the entire sector—particularly with AI, Bitcoin and all things crypto, as well as the makers of GLP-1 drugs being used for weight loss (think Ozempic). These surges are emblematic of a broader trend in which both seasoned and novice investors pour money into what they perceive as the next big thing, but risk causing the collapse of these potential next big things by doing so. Similarly, other AI-rel…
about 1 month ago
vanityfair.com
One reason the industry is so much more taxing than other creative fields is because it’s so expensive to make anything. According to producers and studios I’ve spoken to, TV show budgets now range between $6 million and $25 million an episode, not including marketing costs. Most mainstream movies now cost between $100 million and $250 million to make. Years ago, you could make a blockbuster for a fraction of that. The first Top Gun (1986) cost $15 million to make. The 2022 sequel cost $170 mill…
about 2 months ago
vanityfair.com
It was at Mariani 1, a nondescript low-rise building on the edge of the old Infinite Loop campus with blacked-out windows. This place is so secret, it’s known as one of Apple’s “black ops” facilities. Nearly all of the thousands of employees who work at Apple have never set foot inside one. There are multiple layers of doors that lock behind and in front of you. But Cook is the CEO and can go anywhere. So he strolls past restricted rooms where foldable iPhones and MacBooks with retractable keybo…
3 months ago
vanityfair.com
By Saturday morning, after sifting through all the speculation, it became clear that Altman was likely pushed out, according to two people I spoke to close to the board, and reporting from other outlets, including The New York Times, because of safety concerns around the speed with which he was ushering the company into the AI future, and, what some feared was potentially an AI apocalypse. The board, after all, was not set up to pursue profits for OpenAI, but rather, to ensure the company didn’t…
5 months ago
vanityfair.com
Which means many people are asking themselves (and a lot of people have been asking me): Do I really need to upgrade to something that looks almost exactly like the thing I just got last year? My answer is, yes and no. First, it’s important to understand why the last four iPhones look like quadruplets. It’s largely due to the current design philosophy at Apple, which is less “let’s change it for the sake of changing it” and more “we think this is perfect and we ain’t changing…” You get the point…
7 months ago
vanityfair.com
Apple’s design may have stalled, but the latest iPhone still has the potential to disrupt through major photo and video upgrades (while the new Apple Watch could capitalize on gaps in the lucrative health care market). But are customers ready to drop upwards of $1,500 for the Pro upgrade?
over 1 year ago
vanityfair.com
Employees have long joked that “Twitter is the company that can’t kill itself.” This week, it seemed to be trying harder than ever. With Elon Musk turning on Jack Dorsey and a celebrated whistleblower due to testify before Congress, how long can CEO Parag Agrawal hold on?
over 1 year ago
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Couples rarely commit crimes together. But Heather “Razzlekhan” Morgan and Ilya “Dutch” Lichtenstein, whose social media antics disguised an alleged plot to abscond with billions in stolen crypto, are no ordinary couple.
over 1 year ago
vanityfair.com
Apple’s core product line hasn’t changed much since the Obama administration. The new M1 and M2 chips, which power the recently unveiled MacBook Air, could breathe new life into the world’s most profitable company.
over 1 year ago
vanityfair.com
The social media company and the billionaire are locked in an escalating legal battle. They’re stuck with each other, and we’re stuck with them.
almost 2 years ago
vanityfair.com
Supply-chain snarls, raw material shortages, and record-setting inflation are turning the simple act of buying a car into a war of all against all, and there’s no relief in sight. Could the electric-car market collapse under its own weight?
almost 2 years ago
