Briefing
apple

Apple Warns Suppliers of Slowing Demand for iPhones

By
Shai Oster
· · Source: Bloomberg

Apple has warned its component suppliers that demand for the iPhone 13 lineup has weakened ahead of the holiday season, Bloomberg said. Apple had already cut its goals for production by 10 million down from 90 million units, Bloomberg said, based on supply shortages of components that have affected everything from cars to computers. Apple had initially told its suppliers it expected output...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive startups Finance
Instacart’s Bleak Second-Half Outlook: Slower Growth, Lower Profits
By Cory Weinberg · Oct. 2, 2023 6:00 AM PDT
Instacart CEO Fidji Simo rings the Nasdaq opening bell on Sept. 19. Photo via Nasdaq.
Instacart’s first couple of quarters on the public markets could come with slower revenue growth and lower profits than it reported in the first half, according to private forecasts from analysts at banks that underwrote Instacart’s initial public offering this month. The low expectations could further dent Instacart’s stock price, which has still been hovering around its IPO...
Latest Briefs
 
Tesla Deliveries Decline in Third Quarter
By Becky Peterson · Oct. 2, 2023
Big Tech Critic Luther Lowe Leaves Yelp
By Jon Victor · Sept. 29, 2023
Following Probe, SEC Won’t Recommend Enforcement Action Against Bolt
By Erin Woo · Sept. 29, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
Exclusive
Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
By Jessica E. Lessin and Stephanie Palazzolo
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
From left to right: Blair Effron, Robert Pruzan and David Handler. Photos by Getty; Tidal Partners.
Exclusive Finance
Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams
By Michael Roddan
The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.
OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. Photos via Getty
Exclusive microsoft ai
How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
By Aaron Holmes
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI , the startup Microsoft funded in exchange for the right to use its cutting-edge technology.
From left: Paul Graham, Garry Tan and Michael Seibel. Photos by Getty. Art by Mike Sullivan.
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat
By Kate Clark
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event.
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
Exclusive startups ai
Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company.
The X (formerly Twitter) office in San Francisco on July 29. Photo by Bloomberg via Getty.
policy
Musk’s X Cuts Half of Election Integrity Team After Promising to Expand It
By Erin Woo
Elon Musk’s X, formerly known as Twitter , is cutting around half of the global team devoted to limiting disinformation and election fraud on the platform, including the head of the group, according to three people familiar with the situation.