Elon Musk is again warning of dangers posed by artificial intelligence, saying it could destroy civilization. What’s he concerned about? A market veteran gives a new warning about the commercial real estate sector. He says we’ll see more loan defaults. Apple opens its first-ever store in India, underscoring the importance of the market. A second store in…
NTD Business (April 18): Default Risk for Office Building Mortgages? Musk Warns AI Could Destroy Civilization
April 18, 2023
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Homeland Security Agency Urges iPhone, Windows Users to Update Soon
The Department of Homeland Security’s (DHS) cybersecurity agency this week advised users and administrators to update their Apple, Microsoft, and Adobe products after security vulnerabilities were detected. “Apple has released security updates to address vulnerabilities in multiple products. An attacker could exploit some of these vulnerabilities to take control of an affected device,” said the…
Taiwan Responds to China’s Live-Fire Drills Around Island
The Chinese regime conducted live-fire military drills around Taiwan over the weekend, just a day after Taiwan’s president returned from her U.S. visit. The Chinese military’s Eastern Theatre Command on Sunday put out a short animation of simulated attacks on Taiwan on its WeChat account, showing missiles exploding in flames as they hit their targets….
LIVE NOW: NTD Business (April 10): Tesla to Build Battery Factory in China; Market Betting on Fed Rate Cuts: Strategist
We’ll get the anticipated CPI inflation report this week. What are some of the biggest questions the market is hoping it will answer? We speak to a veteran investor. The EPA is expected to propose new rules on stricter vehicle emission standards. What would it mean for the auto industry? Electric vehicle maker Tesla is expanding…
NTD Business (April 10): Tesla to Build Battery Factory in China; Market Betting on Fed Rate Cuts: Strategist
We’ll get the anticipated CPI inflation report this week. What are some of the biggest questions the market is hoping it will answer? We speak to a veteran investor. The EPA is expected to propose new rules on stricter vehicle emission standards. What would it mean for the auto industry? Electric vehicle maker Tesla is expanding…
Is the Party Over for Tech Stocks?
Commentary At the annual Boys’ Club of New York luncheon on April 4, a 16-year-old guest asked hedge fund manager Chase Coleman what stock he should buy. It was an innocuous and softball question. Buy the FAANGs, Coleman said, referring to the acronym of several mega-cap technology stocks including Apple, Alphabet, and Meta Platforms. Wait,…
Baidu Sues Apple, App Developers Over Fake Ernie Bot Apps
April 9, 2023
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SHANGHAI—Chinese search engine giant Baidu has filed lawsuits against “relevant” app developers and Apple Inc. over fake copies of its Ernie bot app available on Apple’s app store. The company’s artificial intelligence powered Ernie bot, launched last month, has been touted as China’s closest answer to the U.S.-developed chatbot ChatGPT. Baidu said it had lodged…
Apple Issues Emergency Updates to IPhones After Exploits Found
Apple released iOS 16.4.1 on April 7, coming just about two weeks after the firm released its previous update to the operating system. The update was deployed to fix vulnerabilities that could be actively exploited. The tech giant did not offer many details about the fixes, but it said that the bugs tracked as CVE-2023-28205…
Apple Says ‘Hello Mumbai’ at First India Store Launch
MUMBAI—Apple Inc. on Wednesday revealed the look of its first retail store in India, as several people tried to catch a glimpse outside the store’s black and yellow artwork patterned after Mumbai’s iconic taxis. India has become a big market for the Cupertino, California-based company, which launched an online retail store in the world’s second-largest…
Apple Tells Users Not to Hang up on Operators in Accidental 911 Calls
Apple issued an advisory on what iPhone or Apple Watch users should do if they accidentally call emergency services like 911 when they aren’t actually needed. Because the iPhone 14, Apple Watch Series 8, and Apple Watch Ultra support Apple’s Crash Detection feature that can determine if someone has been in a car accident, it can…
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