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Apple's cheaper Vision googles likely to cost $1.5K - $2.5K

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Bay Area Times
October 16, 2023

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Top stories today:

  1. Apple's cheaper Vision googles likely to cost $1.5K - $2.5K
  2. SBF has “critical decision of whether [to] testify”: lawyers
  3. GPT-V vulnerable to prompt injections
  4. Poll: U.S.-China trade standoff hurts China more
  5. Israel: Iran sends mixed messages on whether it will intervene

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Apple's cheaper Vision googles likely to cost $1.5K - $2.5K

According to Apple whisperer Mark Gurman:

  • Fewer cameras.

  • Lower res screens.

  • No external display / EyeSight. - Bloomberg

New iPads likely not be announced this month

  • The Apple Pencil 3 may be launched, according to Japanese blog Mac Otakara. - MacRumors

2. SBF has “critical decision of whether [to] testify”, not getting his Adderall: lawyers

Court filing on Sunday:

  • “However, as we approach the defense case and the critical decision of whether Mr. Bankman-Fried will testify, the defense has a growing concern that because of Mr. Bankman-Fried's lack of access to Adderall he has not been able to concentrate…” - The Verge, court filing

Prediction markets estimate a 71% chance of SBF testifying

*Sponsored.

4. GPT-V vulnerable to prompt injections

  • Prompt injections remain an unsolved problem for LLMs. - Simon Willison

5. Poll: U.S.-China trade standoff hurts China more, tariffs would hurt all U.S. assets

Investors believe U.S. stocks would be the most hurt by additional tariffs

6. Israel: Iran sends mixed messages on whether it will intervene

  • Iran's Foreign Ministry spokesman on Monday: opening of new fronts “could be as broad as Palestine’s geography.” - Bloomberg

  • Iran's mission to the UN on Sunday: “Iran’s armed forces will not engage, provided that the Israeli apartheid does not dare to attack Iran, its interests, and nationals. The resistance front can defend itself.” - Reuters

  • Iran's Foreign minister on Sunday: “If the Zionist aggressions do not stop, the hands of all parties in the region are on the trigger.” - Reuters

  • Iran via the UN on Saturday: it was reported Iran “will have to intervene if the Israeli operation in Gaza continues.” - Axios

Biden says Israel has the right to defend itself, but should not occupy Gaza

  • Biden supports aid to Ukraine and Israel, says no proof Iran was directly involved.

  • 199 hostages, including U.S. citizens.

  • USD/Shekel reaches 3.99.

  • U.S. sends 2nd aircraft carrier to Mediterranean.

  • China refuses to condemn Hamas explicitly.

  • Abbas criticizes Hamas, then pivots back.

  • Egypt border crossing could open for foreign nationals.

  • Israel's defense minister: no interest in war with Hezbollah.

  • Blinken to return to Israel on Mon. after Jordan, Bahrain, Qatar, Saudi, UAE.

  • Berlin sees Stars of David marked in homes.

  • Chicago: 6-year-old Muslim killed by 71-year-old landlord: police.

  • GOP reps introduce GAZA Act bill to stop Palestinian immigration.

  • K-9 unit credited with rescue of 200+ civilians during Hamas attack.

7. Earnings downgrades continue 2022-2023 trend of outpacing upgrades

8. Interesting videos, posts, and memes

9. Other headlines

AI

  • Gensler: AI intervention necessary to avoid “nearly unavoidable” crisis.

Tech

  • X aims to court political advertisers for ads.

  • Minecraft sold 300M copies, #1 all-time record (2nd GTA V at 185M).

  • Sidebar is a leadership program that accelerates your career.*

  • Stanford's $40.9B endowment returns 4.4% in 2023.

  • Meet Upway - The #1 Certified E-Bike Expert.*

*Sponsored.

Tech & law

  • Biden admin likely to announce new controls on AI chips this week.

  • Australia fines X $386K over anti-child abuse rules.

Biotech

Business

  • Rite Aid files for bankruptcy, will close more stores.

  • News Corp: Starboard builds “sizeable” stake, wants asset sales.

  • Hong Kong: advisory firms, others moving out.

Crypto

  • FTX estate staking part of its SOL.

  • GBTC discount narrows to 16%, 2-year low.

  • Ferrari now accepts crypto as payment.

  • Bitcoin ETFs: SEC won't appeal court decision permitting them.

  • Tether promotes Paolo Ardoino from CTO to CEO.

U.S. politics

  • House speaker: unclear whether Jordan has 217 GOP votes.

    • Dems talking to GOP for bipartisan solution: Jeffries.

  • Biden raises $71M in Q3, ending with $91M in cash (together with DNC).

  • Trump ($37M), Biden ($32M) lead in cash on hand.

  • Christie has $3.9M in cash, enough runway until New Hampshire.

World

  • U.S. needs to invest in war manufacturing: Noah Smith.

  • Poland: pro-Ukraine aid candidate appears to have won PM race.

  • Putin to visit Xi Jinping in China on Tue-Wed.

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