Last year, rumors emerged that Apple could drop Goldman Sachs as the issuer of its Apple Card in favor of a partnership with American Express.
But now, a report from The Wall Street Journal suggests Apple is in discussions to have JPMorgan Chase handle its credit card. This likely won’t happen anytime soon, though, as the WSJ says a potential deal could be “months away.”
After announcing plans to buy the German sim-racing company in May, Corsair has announced that it has signed a “definitive agreement” to snap up Fanatec. The deal’s expected to close within the week.
The gaming accessories market is starting to become a lot more consolidated, especially with Turtle Beach’s acquisition of PDP, Logitech’s Loupedeck buyout, and Corsair’s acquisition of keyboard maker Drop.
[Corsair Gaming, Inc.]
A report from The Information details the China-based ByteDance’s plans to mass produce two new AI chips by 2026 with Taiwan Semiconductor Manufacturing Company (TSMC). The move would help ByteDance save “billions of dollars” as opposed to buying chips from Nvidia.
[The Information]
Lightbulbs and electronics defined a century of Royal Philips. Can AI and healthcare define its next era?
CEO Sam Altman told employees in a company-wide meeting that OpenAI’s complicated corporate structure as a for-profit endeavor under the umbrella of a non-profit is set to change, “likely sometime next year,” reports Fortune.
The reconfiguring, which has been rumored before, would reportedly shift the company “away from being controlled by a non-profit.” OpenAI told the outlet that the “non-profit is core to our mission and will continue to exist.”
Charter’s Spectrum TV Select package already bundles ad-supported plans for Disney Plus and Paramount Plus, but now subscribers will get access to Max, too. The services are available to customers at no added cost.
Known for its smart locks that still look like regular ones, Level has been purchased by lock giant Assa Abloy, which will operate it as an independent brand.
Assa Abloy exec Lucas Boselli says:
Their innovative platform provides an easy transition from mechanical locking to digital access solutions with minimal effort.
Meanwhile, the Level M arm that focused on multifamily dwellings is spinning off as Ambient Property Technologies, where CEO Mike Rovito says it’s working on a new app.
Correction: Only Level M is being renamed, while Level Lock will keep its name.
