Apple Fights Addiction, and SpaceX's Zuma Payload Goes Missing
Apple responds to investor calls that it do something to prevent kids from getting addicted to iPhones. The tech giant saying it will roll out new features to help parents control what their kids see on their devices.
And SpaceX's first launch of the year may not have been as successful as hoped. The mysterious Zuma payload, commissioned but kept under wraps by the government, may have burned up and disappeared after separating from the Falcon 9 rocket.
Plus Democratic senators have enough support to force a floor vote on last month's net neutrality repeal. That could lead to a reversal of the controversial decision by the FCC, but there are still plenty of hurdles in the way.
And Samsung shares fell after the company issued guidance for the fourth quarter below analyst estimates. Still, the South Korean electronics giant sees record profit for the period.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
Hear from Gabino & Stephen Roche on Saphyre’s institutional AI platform that centralizes pre‑ and post‑trade data, redefining settlement speed and accuracy.