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Apple raised its streaming price for Apple TV on Friday, up from $12.99 to $14.99 per month or $119 a year when it used to cost $99. Apple also raised the price of its Apple One service, which combines Apple TV, as well as other services such as iCloud storage,…

How AI Data Centers Are Making Everything More Expensive

The rapid growth of AI data centers is creating a shortage of the memory chips used in everyday devices like laptops, phones, cameras, and gaming consoles. The world’s three largest memory chipmakers — SK Hynix, Samsung, and Micron — are shifting production to High Bandwidth Memory, specialized microchips that power AI data centers, rather than the DRAM and NAND chips found in many consumer electronics. With fewer traditional chips being produced, tech manufacturers are paying…

Finance news

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Business

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Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote at the annual monetary policy conference in Jackson Hole, Wyoming, against a backdrop of uncertainty over inflation, as well as how he will guide policymakers as they consider interest rate moves. Warsh’s speech comes as the Federal Reserve has held interest…

Markets

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Investing

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