Connect with us

Published

on

In this article

Amazon Fire TV Omni Series
Amazon

Amazon’s first TV sets, which you can talk to and control without a remote, go on sale this week. I’ve been testing the $830 Amazon Fire TV Omni Series for a few days. It’s a good TV for the money, and Alexa can be useful, but the software interface doesn’t look as sharp as it should on a 4K TV.  

Amazon has traditionally sold Fire TV Sticks and Fire TV Cubes that plug into existing sets, or partnered with other device makers who integrate its Fire TV software. Usually, there are buttons on the remotes that let you use Alexa to control the TV. With the Omni Series, however, Amazon brings its Alexa assistant right into the TV.

Amazon’s Jason Parrish, who led the product management of the Omni series TVs, told me the goal of the TV is to make living rooms smarter through what he calls ambient computing, with Alexa at the center of how we watch TV, listen to music and interact with our smart homes. The higher-end Omni Series has generated about two-thirds of all of Amazon’s pre-orders for TVs, Parrish said, showing it’s more popular than the more affordable 4-Series so far and that, seemingly, Amazon fans like the idea of talking to their televisions.

Amazon makes most of its money from its AWS cloud business and is better known as an online retailer. But its hardware, which ranges from tablets to e-readers and smart speakers, helps bring people right to its storefront and its ecosystem of ads and services.

I tested the 65-inch Amazon Fire TV Omni Series television, but there’s also a lower-end cheaper TV known as the 4 Series, which starts at $370.

What’s good

Amazon Fire TV Omni Series
Amazon

The Omni Series has a high-end physical design with an edge-to-edge 4K screen that’s sharp and, with the right adjustments, colorful. I like the slim metal bezel on the bottom, and the fact that I can just ask it to do what I want.

A remote is included, but even without touching it I could ask Alexa to play TV shows or movies, to tell me the weather (which pops up in a small bar at the bottom of the screen) or to tune to a specific channel on YouTube TV. It works even if I’m standing across the room. 

Amazon Fire TV Omni Series
Todd Haselton | CNBC

This is different from Amazon’s Fire TV Cube, which also had Alexa but required the TV screen to be switched on before it could respond.

Parrish said Amazon found when customers walk into the room and say “‘turn on the lights,’ they don’t want their TV to turn on and just stay on.”

“Or if you say ‘what time is it?’ you don’t need a 65-inch screen to tell you that. So that was the type of thing that we wanted to rethink,” he added. Parrish explained customers interact and engage with content more when they use voice instead of a remote.

Amazon Fire TV Omni Series
Todd Haselton | CNBC

There are four microphones along the top of the TV that are always listening for “Hey Alexa.” Parrish said the microphones are as far away from the speakers as possible so that they can still hear you if you’re playing music or watching TV.

“The goal there is to be able to make a request while you’re watching TV and not just kind of halt everything that you’re doing. You should be able to do it while you have that show going on and we also want to make sure that we’re not impacting your TV watching when it comes to responses,” Parrish said.

I liked that I could say “Alexa, pause” instead of trying to find the remote when I wanted to get up off the couch. It’s also useful to give commands like “Alexa, mute” or “Alexa, turn up the volume,” and I started to get used to not using the remote as often.

As with Amazon’s Echos, there’s an easy toggle to switch off the microphones. It’s right under the TV screen.

The microphone switch on the bottom.
Todd Haselton | CNBC

Alexa can do all sorts of other things, too, like switch inputs to your Xbox or cable box (which it can also control with an included cable), help you shop for things (“Alexa, shop for soap,”) or show you the current stock price of a company even while a show is playing. It’s useful. There’s a smart home dashboard, too, so you can see all of your cameras and lights.

Alexa will pop up some responses at the bottom of the screen, which is useful.
Todd Haselton | CNBC

The Omni TV, unlike the 4-Series, supports webcams through a USB port in case you want to video chat with other folks who own the same TV or who have other products with Alexa installed, like phones, Amazon tablets or Amazon’s Echo Show smart screens. It worked with a Logitech webcam Amazon sent me to test. Likewise, you can check in on cameras around your home by giving commands like “show the nursery camera,” for example. And a small video feed will pop up over the show you’re watching if someone rings the doorbell.

Amazon Fire TV Omni Series
Todd Haselton | CNBC

Movies and TV shows looked really good on the LED display, considering the TV’s sub-$1,000 price. The 65-inch model I tested and the larger 75-inch version support the clearest standards, like Dolby Vision, HDR 10, HLG, and Dolby Digital Plus, for good balance in bright scenes and better color and contrast than cheaper sets. I liked the image best after I turned up the color saturation a little bit from the presets. Also, the blacks aren’t as pure black and inky as you might find on much more expensive TVs with nicer miniLED or OLED screens.

Amazon Fire TV Omni Series
Todd Haselton | CNBC

The built-in speakers are better than most TV speakers and get nice and loud, but I still prefer a soundbar for deeper bass and richer sound.

What’s bad

Amazon Fire TV Omni Series
Todd Haselton | CNBC

Alexa understood most of my commands just fine, especially general ones that you’d typically give to an Echo.

However, there are some things that it just doesn’t support on a TV, and I had to learn those limitations by trial and error. For instance, you can adjust the TV color modes, like presets for movies or sports, but you cannot adjust the brightness with Alexa. 

Likewise, it works well if you say “Alexa, play the movie ‘Hackers,'” but didn’t correctly understand “Alexa, play the latest episode of ‘Succession'” — instead, it began playing the very first episode of the show. Amazon explained those inconsistent results can come down to how some apps — in this case, HBO Max — catalog their shows.

Parrish explained how Alexa tries to understand the user’s intent when a voice request is made. Amazon optimized the TV to understand that you probably want to view something instead of listening to it.

“‘Hamilton’ is obviously now on Disney as a movie, but it’s a very popular soundtrack as well,” Parrish said. “So a Fire TV, when you ask to play ‘Hamilton,’ it will get you to Disney Plus. It will bias towards video. Whereas on an Echo it will send you to Prime Music or Spotify or whatever your preferred music player is.”

Alexa is good, but it’s still learning.

I’m not a fan of the ads, like the “Jet-Puffed” food ad on the main screen, or the 1080p UI.
Todd Haselton | CNBC

My biggest gripe with the Omni Series TV is that the home screen and user interface still render in 1080p, a quarter of the 4K resolution. This isn’t a big deal if you sit about nine feet away from the TV, but I sit closer. The icons were blurry when I sat about four to five feet from the screen. You may never notice this unless you walk up close, but I look at nice screens for a living and it bothered me.

Amazon said the software is kept at a lower resolution to make sure the user interface is smooth and optimized. In fact, the TV felt sluggish and temporarily froze when I was moving through menus at first. Amazon advised me to do a factory reset and that fixed my problems. Still, it’s concerning that the experience wasn’t perfect out of the box.

You can avoid the lower resolution user interface by ignoring the Fire TV home screen altogether and using something else, like an Xbox Series X, a PlayStation 5 or an Apple TV through one of the HDMI inputs. An Apple TV 4K user interface looks nice and crisp as expected. But that sort of defeats the main purpose of buying an Amazon TV. 

Then, there were the ads. I don’t mind sponsored ads on Fire TVs and other cheap gadgets that plug into TVs, like the Google Chromecast and Roku devices. But I don’t like when an $820 TV displays ads for sponsored TV shows and movies, and subscription apps and channels I might want to buy. There was even a big ad on the home screen for an Amazon TV Fire stick — something you wouldn’t need if you bought this TV. Most TVs with a smart interface do this, too, and it’s how Amazon makes money, but it’s not a great experience.

“Having content promoted in our UI is kind of core to our experience,” Parrish told me. “We’ll probably have a lot of customers that are familiar with Fire TV and we’ll probably have some that aren’t. We look forward to hearing what they have to say.”

Should you buy it?

Amazon Fire TV Omni Series
Amazon

The Amazon Fire TV Omni Series is a nice TV set for $830. TV shows and movies look great once you adjust the picture to your liking. It’s easy to do in settings.

Alexa is convenient to have and it grows on you once you get used to doing some things by voice and others with the remote. It’s fun to just walk into a room and say “Alexa, tune to CNBC” without knowing where the remote is.

You’ll get the most out of Alexa on the Omni Series if you have lots of Amazon Echos and a smart home that’s tied in with Amazon’s ecosystem. It works well once you get the hang of what it can and can’t do.

I’m just bummed about the lower resolution home screen UI, even though movies and TV shows look good in 4K. I understand most folks may still end up watching full HD content anyway, since so much live TV isn’t even 4K, but the software should still look sharp even up close.

Continue Reading

Technology

USDC stablecoin issuer Circle files for IPO as public markets open to crypto

Published

on

By

USDC stablecoin issuer Circle files for IPO as public markets open to crypto

Jeremy Allaire, Co-Founder and CEO, Circle 

David A. Grogan | CNBC

Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the U.S. Securities and Exchange Commission.

The S1 lays the groundwork for Circle’s long-anticipated entry into the public markets.

While the filing does not yet disclose the number of shares or a price range, sources told Fortune that Circle plans to move forward with a public filing in late April and is targeting a market debut as early as June.

JPMorgan Chase and Citi are reportedly serving as lead underwriters, and the company is seeking a valuation between $4 billion and $5 billion, according to Fortune.

This marks Circle’s second attempt at going public. A prior SPAC merger with Concord Acquisition Corp collapsed in late 2022 amid regulatory challenges. Since then, Circle has made strategic moves to position itself closer to the heart of global finance — including the announcement last year that it would relocate its headquarters from Boston to One World Trade Center in New York City.

Read more about tech and crypto from CNBC Pro

Circle is best known as the issuer of USDC, the world’s second-largest stablecoin by market capitalization.

Pegged one-to-one to the U.S. dollar and backed by cash and short-term Treasury securities, USDC has roughly $60 billion in circulation.

Circle is best known as the issuer of USDC, the world’s second-largest stablecoin by market capitalization.

Pegged one-to-one to the U.S. dollar and backed by cash and short-term Treasury securities, USDC has roughly $60 billion in circulation. It makes up about 26% of the total market cap for stablecoins, behind Tether‘s 67% dominance. Its market cap has grown 36% this year, however, compared with Tether’s 5% growth.

Coinbase CEO Brian Armstrong said on the company’s most recent earnings call that it has a “stretch goal to make USDC the number 1 stablecoin.” 

The company’s push into public markets reflects a broader moment for the crypto industry, which is navigating renewed political favor under a more crypto-friendly U.S. administration. The stablecoin sector is ramping up as the industry grows increasingly confident that the crypto market will get its first piece of U.S. legislation passed and implemented this year, focusing on stablecoins.

Stablecoins’ growth could have investment implications for crypto exchanges like Robinhood and Coinbase as they integrate more of them into crypto trading and cross-border transfers. Coinbase also has an agreement with Circle to share 50% of the revenue of its USDC stablecoin.

The stablecoin market has grown about 11% so far this year and about 47% in the past year, and has become a “systemically important” part of the crypto market, according to Bernstein. Historically, digital assets in this sector have been used for trading and as collateral in decentralized finance (DeFi), and crypto investors watch them closely for evidence of demand, liquidity and activity in the market.

More recently, however, rhetoric around stablecoins’ ability to help preserve U.S. dollar dominance – by exporting dollar utility internationally and ensuring demand for U.S. government debt, which backs nearly all dollar-denominated stablecoins – has grown louder.

A successful IPO would make Circle one of the most prominent crypto-native firms to list on a U.S. exchange — an important signal for both investors and regulators as digital assets become more entwined with the traditional financial system.

Continue Reading

Technology

Hims & Hers shares rise as company adds new weight-loss medications to platform

Published

on

By

Hims & Hers shares rise as company adds new weight-loss medications to platform

The Hims app arranged on a smartphone in New York on Feb. 12, 2025.

Gabby Jones | Bloomberg | Getty Images

Hims & Hers Health shares closed up 5% on Tuesday after the company announced patients can access Eli Lilly‘s weight loss medication Zepbound and diabetes drug Mounjaro, as well as the generic injection liraglutide, through its platform.

Zepbound, Mounjaro and liraglutide are part of the class of weight loss medications called GLP-1s, which have exploded in popularity in recent years. Hims & Hers launched a weight loss program in late 2023, but its GLP-1 offerings have evolved as the company has contended with a volatile supply and regulatory environment.

Lilly’s weekly injections Zepbound and Mounjaro will cost patients $1,899 a month, according to the Hims & Hers website. The generic liraglutide will cost $299 a month, but it requires a daily injection and can be less effective than other GLP-1 medications.

“As we look ahead, we plan to continue to expand our weight loss offering to deliver an even more holistic, personalized experience,” Dr. Craig Primack, senior vice president of weight loss at Hims & Hers, wrote in a blog post.

A Lilly spokesperson said in a statement that the company has “no affiliation” with Hims & Hers and noted that Zepbound is available at lower costs for people who are insured for the product or for those who buy directly from the company. 

In May, Hims & Hers started prescribing compounded semaglutide, the active ingredient in Novo Nordisk‘s GLP-1 weight loss medications Ozempic and Wegovy. The offering was immensely popular and helped generate more than $225 million in revenue for the company in 2024.

But compounded drugs can traditionally only be mass produced when the branded medications treatments are in shortage. The U.S. Food and Drug Administration announced in February that the shortage of semaglutide injections products had been resolved.

That meant Hims & Hers had to largely stop offering the compounded medications, though some consumers may still be able to access personalized doses if it’s clinically applicable. 

During the company’s quarterly call with investors in February, Hims & Hers said its weight loss offerings will primarily consist of its oral medications and liraglutide. The company said it expects its weight loss offerings to generate at least $725 million in annual revenue, excluding contributions from compounded semaglutide.

But the company is still lobbying for compounded medications. A pop up on Hims & Hers’ website, which was viewed by CNBC, encourages users to “use your voice” and urge Congress and the FDA to preserve access to compounded treatments.

With Tuesday’s rally, Hims and Hers shares are up about 27% in 2025 after soaring 172% last year.

WATCH: Hims & Hers shares tumble over concerns around weight-loss business

Hims & Hers shares tumble over concerns around weight-loss business

Continue Reading

Technology

Meta’s head of AI research announces departure

Published

on

By

Meta's head of AI research announces departure

Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.

Manuel Orbegozo | Reuters

Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. 

Joelle Pineau, the company’s vice president of AI research, announced her departure in a LinkedIn post, saying her last day at the social media company will be May 30. 

Her departure comes at a challenging time for Meta. CEO Mark Zuckerberg has made AI a top priority, investing billions of dollars in an effort to become the market leader ahead of rivals like OpenAI and Google.

Zuckerberg has said that it is his goal for Meta to build an AI assistant with more than 1 billion users and artificial general intelligence, which is a term used to describe computers that can think and take actions comparable to humans.

“As the world undergoes significant change, as the race for AI accelerates, and as Meta prepares for its next chapter, it is time to create space for others to pursue the work,” Pineau wrote. “I will be cheering from the sidelines, knowing that you have all the ingredients needed to build the best AI systems in the world, and to responsibly bring them into the lives of billions of people.”

Vice President of AI Research and Head of FAIR at Meta Joelle Pineau attends a technology demonstration at the META research laboratory in Paris on February 7, 2025.

Stephane De Sakutin | AFP | Getty Images

Pineau was one of Meta’s top AI researchers and led the company’s fundamental AI research unit, or FAIR, since 2023. There, she oversaw the company’s cutting-edge computer science-related studies, some of which are eventually incorporated into the company’s core apps. 

She joined the company in 2017 to lead Meta’s Montreal AI research lab. Pineau is also a computer science professor at McGill University, where she is a co-director of its reasoning and learning lab.

Some of the projects Pineau helped oversee include Meta’s open-source Llama family of AI models and other technologies like the PyTorch software for AI developers.

Pineau’s departure announcement comes a few weeks ahead of Meta’s LlamaCon AI conference on April 29. There, the company is expected to detail its latest version of Llama. Meta Chief Product Officer Chris Cox, to whom Pineau reported to, said in March that Llama 4 will help power AI agents, the latest craze in generative AI. The company is also expected to announce a standalone app for its Meta AI chatbot, CNBC reported in February

“We thank Joelle for her leadership of FAIR,” a Meta spokesperson said in a statement. “She’s been an important voice for Open Source and helped push breakthroughs to advance our products and the science behind them.” 

Pineau did not reveal her next role but said she “will be taking some time to observe and to reflect, before jumping into a new adventure.”

WATCH: Meta awaits antitrust fine from EU

Meta awaits antitrust fine from EU

Continue Reading

Trending