Mon. 11/04 – Apple Buying And Investing In Things

Techmeme Ride Home

Brian McCullough

News, Technology, Daily News, Tech News

4.7 • 984 Ratings

🗓️ 4 November 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple is investing more in Satellite technology, and also acquires Pixelmator. What does this all mean for them? Is the high end Vision Pro getting abandoned? What does it mean that Google Cloud is now growing faster than AWS? And how Coreweave and other “neocloud” startups are financing their crazy growth in a totally new way. Here’s what you missed today in the world of Tech.

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Links:

Apple expands iPhone satellite services deal, commits $1.1bn to expand capacity (9to5Mac)
Apple is acquiring the popular image editing app Pixelmator (The Verge)
Apple Finally Finds Its Gaming Console With the New Mac Mini (Bloomberg)
Apple Vision Pro rumored to get M5 in 2025, but lower cost model is delayed (Apple Insider)
X updates block feature, letting blocked users see your public posts (TechCrunch)
Google’s cloud outpaces rivals in third quarter as AI battle heats up (CNBC)
Early Apple M4 Pro and M4 Max benchmarks hint at a massive performance boost (Neowin)
Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips (Financial Times)

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Transcript

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0:00.0	Welcome to the Tech meme right home for Monday, November 4th, 2024.
0:07.5	I'm Brian McCalla today.
0:08.7	Apple is investing more in satellite technology and also acquires pixel mature.
0:13.5	What does this all mean for them?
0:15.0	Is the high-end Vision Pro getting abandoned?
0:17.4	What does it mean that Google Cloud is now growing faster than AWS?
0:20.7	And how CoreWeave and other Neo-Cloud startups are financing their crazy growth, abandoned, what does it mean that Google Cloud is now growing faster than AWS and how
0:21.5	Corweave and other Neo-Cloud startups are financing their crazy growth in a totally new way?
0:26.8	Here's what you miss today in the world of tech.
0:33.6	So we need to talk a bit of Apple MNA and some investing. First up, satellite services provider
0:41.1	Global Star says Apple committed $1.1 billion to expand satellite service capacity and $400 million
0:47.8	to buy a 20% equity stake, quoting 9 to 5 Mac. The news has sent Global Star stock soaring, and it hints towards Apple's growing plans for iPhone's satellite features.
0:58.2	With iOS 18, for instance, iPhone users are now able to send text messages to friends and family over satellite,
1:03.9	win outside of cellular or Wi-Fi range.
1:06.8	Apple continues to commit significant financial resources to providing satellite features,
1:13.3	while offering the feature for free to end users.
1:18.4	However, it has repeatedly signaled that it intends to charge fees to iPhone users at some point.
1:23.9	Satellite connectivity for emergency SOS first launched with the iPhone 14 in 2022.
1:28.7	At the time, Apple said that satellite would be free for two years. That means customers would have had to start paying around now in late 2024. However, Apple extended the free period
1:34.5	until 2025. Apple has yet to confirm how much it intends to charge for the satellite features.
1:39.9	It's a hairy subject, as much of the current offering relies on using satellite during life-threatening emergencies,
1:45.9	which feels rather punitive for Apple to charge for it. It is possible the company will continue to offer emergency SOS for free while charging for other features,
	...

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