Apple CEO Tim Cook hinted at the company’s future product ambitions during a rare podcast interview with Kara Swisher of The New York Times. Cook called augmented reality, or the mixing of computing with the real world, a “critically important part of Apple’s future” and a tool for enhancing conversations. The Information and others recently reported that Apple plans to debut a pricey...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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