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Apple iOS 15
Apple

Apple released iOS 15, its big annual iPhone software update, on Monday.

This year’s version has some big changes, including the ability of FaceTime to make calls to Windows and Android users, artificial intelligence that can better identify animals, plants and other items in photos, and a feature that better controls limits on notifications.

While Apple pushes out updates on a regular basis throughout the year, the annual update that is released alongside new iPhones has the most additional features and changes.

IOS 15 is available for a lot of older phones, too, all the way back to the iPhone 6S, which was released in 2015. Here’s what you’ll get.

What’s new in iOS 15?

FaceTime on Android
Apple

FaceTime that includes Windows and Android users. FaceTime, Apple’s videoconferencing software, used to be reserved for Apple products only — users who wanted to FaceTime with an Android phone or Windows PC were out of luck. Starting in iOS 15, anyone with an Apple computer will see a button that allows them to create a link to a FaceTime chat. Users can send that link to any computer or phone with a modern web browser, and they can join in the chat too. Users will need to be let into the chat, so the link won’t let random people join without your permission.

Apple’s new Focus feature in iOS 15
Todd Haselton | CNBC

New Messages integration. Some people get lots of different links in Apple Messages, formerly iMessage, throughout the day but don’t have time to check them out until later. Now, Messages will share that information with other apps. For example, if someone sends a link to an Apple News news story, it will show up in the Apple News app in a section called “Shared with You.” Same for Apple Music and Apple Photos. This new integration also applies to Safari web links, podcasts and Apple TV movies and TV shows.

Apple iOS 15 can identify text in photos.
Apple

AI that can tell what’s in a photo, including text. Apple has been improving its photo recognition capabilities in its Photos app for years, and this year it takes a big step forward in terms of the types of objects inside photos it can recognize. With iOS 15, Apple’s software can identify and provide more information about animals, landmarks, plants and books. It also makes text inside your photos searchable, and users can even copy and paste text from a photo into a document. Apple’s AI runs on an iPhone, instead of using the cloud to do the work on a remote server, so the things you identify or copy won’t be sent back to Apple.

Apple’s new Focus feature in iOS 15
Todd Haselton | CNBC

More control of notifications during off-hours. For a few years, iPhone users have had a mode called “Do Not Disturb” that limited notifications except from a list of close contacts. These features have received a big upgrade in iOS 15 that Apple calls “Focus.” The main feature shows only notifications from people and apps you’ve pre-approved. If someone is texting a user who is in Focus Mode, they’ll receive a message that notifications have been silenced, sort of like an away message. Users can create multiple Focus profiles for different situations, such as work, play and sleep. It will allow users to create special home screens so they can, for example, have different collections of apps for work or home.

Apple Maps
Source: Apple

Apple Maps reminders. Apple Maps comes with annual improvements, including better directions, public transit schedules, and an augmented reality walking directions feature that places big arrows over scenes of the real world telling users where to go. But commuters will probably like best the new real-time alerts that tell users when they need to get off the bus, train or subway before they miss their stop.

Safari Tabs
Source: Apple

New Safari redesign. The default browser on the iPhone is getting its biggest redesign in years, bringing the address bar and back button from the top of the screen closer to the bottom to make it easier for thumbs to reach. If you don’t like the new Safari, you can change it back to the old look. Safari will also save groups of open tabs, so you can come back to them later, and supports extensions — just like Google Chrome or Safari on the desktop — for the first time through Apple’s app stores. Extensions are little apps that let you do more on a site, such as block ads, but there aren’t a lot available yet.

Spotlight
Source: Apple

Better system search. Apple’s Spotlight is a power-user feature that searches the web and your files and makes apps easier to access. Users access it when swiping down from the top of the screen. It has a new look this year, with more photos, and Apple-provided information about TV shows, movies, musicians, and links that have been shared with you.

Apple iOS 15
Apple

Privacy protections. Apple has emphasized privacy in recent years, but in iOS 15 it’s starting to become a feature worth upgrading for. One new feature is called “App Privacy Report,” and it will show you how often an app accessed your microphone or location over the last seven days. It also will tell users if apps are phoning home to their own servers — which is normal but can highlight certain uses of data that have previously been overlooked. People who pay for iCloud will also get “iCloud Private Relay,” a beta feature that is similar to a VPN and hides IP addresses, which can give away your location. People who use Apple’s Mail app can provide random burner email addresses and hide tracking pixels that tell marketers whether an email has been opened or not.

Siri
Source: Apple

Faster Siri. Siri no longer needs to send data to a faraway server in order to understand what you’ve asked it. Now, it can do it on the device itself, which will lead to a snappier experience without a slight delay, as well as additional privacy — Apple won’t have access to all the recordings of your Siri requests anymore.

Apple iOS 15 will support storing a driver’s license in Apple Wallet.
Apple

Driver’s license and keys in Apple Wallet. Apple is adding the ability to put driver’s licenses and keys into the Wallet app, but it may be a while before all users can take advantage of these big new features.

Apple says the TSA and eight states are already on board with the program to put driver’s licenses and state ID’s on the iPhone. Users will have to wait until their state government supports the feature.

Users will also be able to store keys, including car ignition keys, in Apple Wallet. If you have a smart home or go to an office with compatible locks, you can start unlocking your front door with your phone as soon as you update with the new software. The car ignition key feature requires a BMW or other compatible vehicle.

Apple iOS 15 will let you watch movies, TV shows and more with friends over FaceTime.
Apple

One big delay: Apple is planning to launch a feature called SharePlay that lets you watch a movie or TV show with other people over FaceTime. But that feature isn’t included yet and is now promised for later this year.

How to get iOS 15

Apple Senior Vice President of Worldwide Marketing Phil Schiller speaks on the new iPhone 6s and 6s Plus during a Special Event at Bill Graham Civic Auditorium September 9, 2015 in San Francisco, California.
Getty Images

It’s really easy to install iOS 15. You just need an iPhone SE (1st generation) or newer or an iPhone 6s or newer. Those phones were released in 2016 and 2015, respectively, so most people should get the update. Here’s what you do:

  • Connect your compatible iPhone to Wi-Fi and power.
  • Open Settings.
  • Open General.
  • Open Software Update.
  • Tap Download and Install.

That’s it!

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Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

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Elon Musk says xAI has acquired X in deal that values social media site at  billion

Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion.

“xAI and X’s futures are intertwined,” Musk, the world’s richest person, wrote in a post on X. “Today, we officially take the step to combine the data, models, compute, distribution and talent.”

He added that the merger would, “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.” The purchase price, he said, was $45 billion less $12 billion in debt.

Because both companies are privately held and controlled by Musk, the transaction likely amounts to a stock swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms Andreessen Horowitz and Sequoia Capital, as well as Fidelity Management, Vy Capital and Saudi Arabia’s Kingdom Holding Co.

Musk, who’s also CEO of Tesla and SpaceX, acquired Twitter in a deal valued at around $44 billion in late 2022, implementing massive cost cuts and soon renaming it X. Linda Yaccarino, who Musk hired as CEO of X, wrote in a post after Friday’s announcement, “The future could not be brighter.”

Musk launched xAI less than two years ago with a stated goal to “understand the true nature of the universe.” The startup has been trying to compete directly with OpenAI, the richly valued AI startup that Musk co-founded in 2015 as a non-profit research lab. He later left OpenAI and has recently been involved in a public relations and legal spat with the company and CEO Sam Altman over the direction that it’s taken.

At xAI, Musk’s team has been developing large language models and AI software products, taking on offerings from OpenAI as well as Google, Microsoft, Meta and others. X and xAI have already been intertwined, with xAI’s Grok chatbot available to users of the social media app.

In June, xAI announced it would build a supercomputer in Memphis, Tennessee, to train Grok. And in September, Musk revealed part of the Memphis supercomputer, now known as Colossus, was already online.

Environmental and public health advocates have raised concerns about the breakneck speed of development in Memphis, citing a lack of community input and oversight. The facility is powered by natural gas burning turbines and xAI plans to expand and build a graywater treatment plant nearby as well.

Investors valued xAI at around $50 billion in a financing round last year. Bloomberg reported last month that the company was in talks to raise funds at a $75 billion valuation. OpenAI was closed to wrapping up a round in February at a $260 billion, while generative AI startup Anthropic was valued at $61.5 billion in a deal that closed this month.

In addition to running Tesla, SpaceX and xAI and overseeing X, Musk has spent much of his time this year in Washington, D.C., as a central figure in President Donald Trump’s second administration.

After contributing close to $300 million to help Trump and other Republican candidates and causes in the 2024 campaign, Musk was put in charge of the newly formed Department of Government Efficiency (DOGE), which is eliminating government expenses and getting rid of regulations. It’s a position that puts Musk in position to make changes in ways that benefit his various businesses.

This isn’t the first time Musk has merged two of his entities.

In 2016, Tesla acquired SolarCity for $2.6 billion. The solar installer was founded by his first cousins, Lyndon and Peter Rive, and funded by Musk, who served as board chair. Tesla shareholders later sued, alleging the deal amounted to a SolarCity bailout, and a breach of fiduciary duty that enriched Musk personally. Delaware judges who heard the dispute decided in favor of Musk and Tesla, and allowed the deal to stand without any remuneration back to the automaker.

WATCH: X acquires xAI

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Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism

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Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism

CoreWeave Inc. signage during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Friday, March 28, 2025. 

Michael Nagle | Bloomberg | Getty Images

It wasn’t supposed to go down like this.

The Trump presidency was set to usher in a rush of money to the markets, spurred by a new era of deregulation and lower taxes that would lead high-valued tech companies off the sidelines and onto public exchanges after a four-year lull in initial public offerings.

Goldman Sachs CEO David Solomon said in January that he sensed a “more constructive kind of optimism” and that the IPO market is “going to pick up.”

But a little over two months into President Donald Trump’s second White House term, the first test case has been a flop.

After downsizing its IPO late Thursday and pricing below its expected range, CoreWeave was unchanged in its market debut on Friday, closing at $40 and leaving the company with a market cap that’s right around where the company was valued by private investors a year ago.

The debut coincided with a 2.7% drop in the Nasdaq on Friday, a decline that put the tech-heavy index down more than 10% in 2025 and on pace ofr its worst quarterly performance since mid-2022.

Macro concerns are being driven by President Trump’s tariffs on America’s top trading partners and dramatic government cost cuts, moves that are combining to simultaneously raise prices and lift unemployment. The deterioration in consumer sentiment was even worse than anticipated in March as worries over inflation intensified, according to a University of Michigan survey released Friday.

That all created a tough backdrop for CoreWeave to try and crack open the IPO market, particularly given concerns swirling around the company and its valuation. CoreWeave is one of the leading suppliers of Nvidia’s graphics processing units, or GPUs, for artificial intelligence training and workloads. Demand has been so hot that CoreWeave’s revenue soared more than 700% last year to almost $2 billion.

However, CoreWeave counts on Microsoft for over 60% of sales and recorded a net loss of $863 million last year, due to the hefty costs of GPUs and the expenses associated with leasing and operating data centers. As of Dec. 31, the company had $8 billion in debt.

“It’s a bit disappointing that the price was dropped so significantly at the open,” Joe Medved, a partner at Lerer Hippeau, told CNBC’s “Money Movers” on Friday. “This company has some idiosyncrasies around debt levels and revenue concentration that I think make it a little challenged.”

CoreWeave's market debut: Here's what you need to know

The other tech-related companies that have filed to go public this year have very different profiles. Hinge Health is a digital health company that uses software to help patients treat pain and injuries, while Klarna is an online lender and StubHub runs a ticket marketplace.

Those are a few of the names that investors are waiting to see hit the market in the near future, hoping for a rebound after tech IPOs almost ground to a halt in late 2021 and have hardly picked up since. According to CB Insights, there are more than 1,200 startups worldwide worth at least $1 billion in the private market. Over 50 of them have been valued at $10 billion or more.

Despite a dearth of IPOs, the highest-profile startups have been able to raise cash from hedge funds, private equity firms and sovereign wealth funds, which have all jumped into the late-stage venture capital game. Additionally, megacap tech companies including Microsoft, Google, Amazon and Nvidia (one of CoreWeave’s key investors) have poured billions of dollars into private AI companies.

“If you’re the founders or CEOs of these companies, you don’t want to deal with the public markets. There’s plenty of demand from these private buyers,” Medved said. “There’s not as much incentive to go out.”

CoreWeave could be fine. The stock could turn up at any time and the broader market could rebound in the second quarter, lifting investor confidence in IPOs. And CoreWeave has the benefit of roughly $1.5 billion in fresh capital from its share sale, even though that’s well below the $2.7 billion that would’ve been raised at the top end of its range.

But the tepid reception stands in stark contrast to how IPOs looked during the record years of 2020 and 2021, when tech companies would raise the range, price above the top end and still see the stock jump in its debut.

CoreWeave CEO and co-founder Michael Intrator told CNBC’s “Squawk Box” that the pricing of the company’s IPO reflected “a lot of headwinds in the macro.”

“We believe that as the public markets get to know us, get to know how we execute, get to know how we build our infrastructure, get to know how we build our client relationships and the incredible capacity of our solutions, the company will be very successful,” Intrator said.

WATCH: CoreWeave shares begin trading after opening at $39 per share

CoreWeave shares begin trading after opening at $39 per share

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Intel announces three board members will retire following CEO shake-up

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Intel announces three board members will retire following CEO shake-up

A sign is posted in front of Intel headquarters in Santa Clara, California, on Aug. 1, 2024.

Justin Sullivan | Getty Images News | Getty Images

Three members of Intel’s board of directors will not stand for reelection in May, the company said in a filing on Thursday.

Omar Ishrak, former CEO of Medtronic; Risa Lavizzo-Mourey, a doctor and philanthropist; and Tsu-Jae King Liu, the dean of the college of engineering at the University of California, Berkeley, will retire from the board at Intel’s annual meeting in May.

Intel has nominated 11 directors, who all currently serve on the board, including new CEO Lip-Bu Tan.

The shake-up comes after Intel named Tan to lead the struggling chipmaker earlier this month, replacing Pat Gelsinger, who left the company in December. Intel shares are down nearly 49% over the past year, driven by concerns about the company’s spending on new chip factories and its minuscule market share in chips for artificial intelligence.

Tan will speak publicly next week at the company’s Intel Vision event in Las Vegas. He is expected to address a ballroom of enterprise technology executives about the future of Intel. The talk is titled “A New Intel.”

Intel is committed to having the right mix of “skills, qualifications, and technical expertise” on its board of directors, board chair Frank Yeary wrote in a letter to shareholders.

“With Lip-Bu now on board, we are continuing to undertake an honest assessment of the business to build on Intel’s many strengths in ways that will improve our profitability and drive incremental returns on incremental investments,” Yeary wrote.

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Lip-Bu Tan brings a level of experience and knowledge to Intel as new CEO, says BofA's Vivek Arya

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