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Top stories today: - "Apple Intelligence" AI features introduced, out this fall in beta
- Elon says iPhones will be banned if Apple integrates OpenAI at OS level
- Vision Pro to launch in 8 new countries
- iOS 18 to include call recording, AI features, more
- Shein's revenue +40% to $32.2B in 2023, $1.6B net profit
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0. Data and calendar |
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ca2303f3-9c13-428d-8348-57881e332d18/Screenshot_2024-06-11_at_11.10.33_AM__1_.png?t=1718100696) | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d469d0fe-f765-48a4-b0ff-f48e90a23ae7/Screenshot_2024-06-11_at_10.57.59_AM.png?t=1718100071) | All times are ET. |
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1. "Apple Intelligence" AI features introduced, out this fall in beta |
![YouTube video by The Verge](https://i.ytimg.com/vi/p2dhZ3AoDDs/maxresdefault.jpg) | Biggest AI announcements from Apple's WWDC 2024 |
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Priority emails will automatically be featured at the top |
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Apple says its on-device AI model is best-in-class, while its server model only underperforms vs. GPT-4 |
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3. Elon says iPhones will be banned at his companies if Apple integrates OpenAI at OS level |
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4. Vision Pro to launch in 8 new countries, as visionOS 2 brings some multi-user features |
You can now see photos together with other Vision Pro users, but not yet videos: |
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New ultrawide virtual display and mouse support also being launched. Fall launch. 8 new countries are: China, Japan, and Singapore (June 28 launch), and Australia, Canada, France, Germany, and the UK (July 12).
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5. iOS 18 to include call recording, more customizable home screen, new Photos app, many new AI features |
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Read more: The Verge. |
Other Apple news |
macOS Sequoia to bring iPhone mirroring and Apple Intelligence. iPad OS to include an updated Calculator, in addition to iOS 18-like features. watchOS 11 to bring new training features and Live Activities. tvOS 18 to include InSight, auto subtitles, more. Passwords manager positioned to compete with 1Password, LastPass, etc.
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6. Shein's revenue +40% to $32.2B in 2023, vs. +37% in 2022, $1.6B net profit |
5% net margin is higher than 2022's but lower than 2020's: |
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7. Interesting videos, posts, and memes |
![YouTube video by 20VC with Harry Stebbings](https://i.ytimg.com/vi/edYGzszdcUo/maxresdefault.jpg) | Reid Hoffman: The Future of TikTok and The Inflection AI Deal | E1163 |
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![YouTube video by Bg2 Pod](https://i.ytimg.com/vi/nrDudJtKpiE/maxresdefault.jpg) | Ep10. Pre-IPO Market, AI Hype Cycle, Is Software Dead? | BG2 with Bill Gurley & Brad Gerstner |
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![YouTube video by This Week in Startups](https://i.ytimg.com/vi/m1Dyl-EhMHk/maxresdefault.jpg) | The state of seed, the first TWIST500 startups, and the impact of anonymous apps on society | E1963 |
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8. Other headlines |
AI |
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Tech |
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Axios Pro: Deals Tracker helps you find your next investment, faster.* Athyna: hire incredible global talent with the same company that Bay Area Times uses!*
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Tech & law |
SCOTUS to hear Meta's bid to stop private securities fraud lawsuit. Copilot+ PCs could face shortages due to Arm, Qualcomm dispute. Tesla's re-vote of Elon's pay package may not be enough for reversal. 23andMe data breach under investigating in UK, Canada.
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Biotech |
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Crypto |
ZKsync to airdrop ZK tokens next week. Nexus Labs, modular zkVM, raises $25M Series A.
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U.S. politics |
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World |
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