San Francisco has directed Apple and Google to remove dozens of apps from their stores that digitally undress people in photos without consent, violating California laws against non-consensual deepfake pornography. Despite warnings and reports since early 2023, both companies continued hosting and profiting from these apps. The city warns Apple and Google they could face civil penalties and demands a response within 28 days. This move highlights growing legal and ethical scrutiny on tech platforms enabling harmful AI-driven content.
Apple is cutting over 200 jobs, mainly from its Vision Pro and Siri teams, to sharpen its focus on AI development and improve its digital assistant. The Vision Pro headset has underperformed commercially, with estimated sales dropping to 45,000 units...
As of August 22, 2026, every S&P 500 index fund holds more Nvidia stock than Apple. This shift highlights Nvidia's growing dominance in the market, reflecting strong investor confidence in its technology and growth prospects. The change could influen...
JPMorgan's JEPI ETF, known for monthly income via covered calls on large caps, faces competition from BlackRock's BALI ETF. Both charge 0.35% and pay monthly, but BALI offers a higher trailing yield of 7.56% versus JEPI's similar payout and has outpe...
For investors around 40 with $60,000 invested and 25 years before retirement, three low-cost ETFs—Vanguard Mega Cap Growth (MGK), Schwab U.S. Large-Cap Growth (SCHG), and iShares Core MSCI Total International Stock (IXUS)—provide a balanced growth st...
The Global X NASDAQ-100 Covered Call ETF (QYLD) pays monthly distributions funded by selling call options on the Nasdaq-100, which caps upside gains and causes income to fluctuate. A retiree with $400,000 invested saw her monthly payout drop from ove...
