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 * Check if the requirements of the sitemap plugin are met and loads the actual loader
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	if ( ! $fail ) {
		require_once trailingslashit( dirname( __FILE__ ) ) . 'class-googlesitemapgeneratorloader.php';
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/**
 * Adds a notice to the admin interface that the WordPress version is too old for the plugin
 *
 * @package sitemap
 * @since 4.0
 */
function sm_add_wp_version_error() {
	/* translators: %s: search term */

	echo '<div id=\'sm-version-error\' class=\'error fade\'><p><strong>' . esc_html( __( 'Your WordPress version is too old for XML Sitemaps.', 'google-sitemap-generator' ) ) . '</strong><br /> ' . esc_html( sprintf( __( 'Unfortunately this release of Google XML Sitemaps requires at least WordPress %4$s. You are using WordPress %2$s, which is out-dated and insecure. Please upgrade or go to <a href=\'%1$s\'>active plugins</a> and deactivate the Google XML Sitemaps plugin to hide this message. You can download an older version of this plugin from the <a href=\'%3$s\'>plugin website</a>.', 'google-sitemap-generator' ), 'plugins.php?plugin_status=active', esc_html( $GLOBALS['wp_version'] ), 'http://www.arnebrachhold.de/redir/sitemap-home/', '3.3' ) ) . '</p></div>';
}

/**
 * Adds a notice to the admin interface that the WordPress version is too old for the plugin
 *
 * @package sitemap
 * @since 4.0
 */
function sm_add_php_version_error() {
	/* translators: %s: search term */

	echo '<div id=\'sm-version-error\' class=\'error fade\'><p><strong>' . esc_html( __( 'Your PHP version is too old for XML Sitemaps.', 'google-sitemap-generator' ) ) . '</strong><br /> ' . esc_html( sprintf( __( 'Unfortunately this release of Google XML Sitemaps requires at least PHP %4$s. You are using PHP %2$s, which is out-dated and insecure. Please ask your web host to update your PHP installation or go to <a href=\'%1$s\'>active plugins</a> and deactivate the Google XML Sitemaps plugin to hide this message. You can download an older version of this plugin from the <a href=\'%3$s\'>plugin website</a>.', 'google-sitemap-generator' ), 'plugins.php?plugin_status=active', PHP_VERSION, 'http://www.arnebrachhold.de/redir/sitemap-home/', '5.2' ) ) . '</p></div>';
}

/**
 * Returns the file used to load the sitemap plugin
 *
 * @package sitemap
 * @since 4.0
 * @return string The path and file of the sitemap plugin entry point
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function sm_get_init_file() {
	return __FILE__;
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/**
 * Register beta user consent function.
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function register_consent() {
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	}
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	if(!isset($updateUrlRules['sm_b_activate_indexnow']) || $updateUrlRules['sm_b_activate_indexnow'] == false){
		$updateUrlRules['sm_b_activate_indexnow'] = true;
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		update_option('sm_options', $updateUrlRules);
	}
	
}

function disable_plugins_callback(){
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                /* all in one seo deactivation */
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                    $aioseo_options['sitemap']['general']['enable'] = false;
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            if ($plugin === 'wordpress-seo/wp-seo.php') {
                /* yoast sitemap deactivation */
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			if ($plugin === 'jetpack/jetpack.php') {
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						$key = array_search('sitemaps', $modules_array);
						unset($modules_array[$key]);
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            }
			if ($plugin === 'wordpress-sitemap') {
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                $options = get_option('sm_options', array());
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				update_option('sm_options', $options);
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}

function conflict_plugins_admin_notice(){
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}

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function indexnow_after_post_save($new_status, $old_status, $post) {
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	$indexNowStatus = isset($indexnow['sm_b_indexnow']) ? $indexnow['sm_b_indexnow'] : false;
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}

// Don't do anything if this file was called directly.
if ( defined( 'ABSPATH' ) && defined( 'WPINC' ) && ! class_exists( 'GoogleSitemapGeneratorLoader', false ) ) {
	sm_setup();
	
	if(isset(get_option('sm_options')['sm_wp_sitemap_status']) ) $wp_sitemap_status = get_option('sm_options')['sm_wp_sitemap_status'];
	else $wp_sitemap_status = true;
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	else $wp_sitemap_status = '__return_false';
	add_filter( 'wp_sitemaps_enabled', $wp_sitemap_status );
	
	add_action('wp_ajax_disable_plugins', 'disable_plugins_callback');

	add_action('admin_notices', 'conflict_plugins_admin_notice');

}

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<channel>
	<title>Business News &#8211; Affiliate Marketing Programs | CBOMO.COM</title>
	<atom:link href="https://cbomo.com/tag/business-news/feed/" rel="self" type="application/rss+xml" />
	<link>https://cbomo.com</link>
	<description>Your Affiliate Online Money Opportunities</description>
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		<title>YouTube Outranks Netflix Among TV Streamers: Nielsen Report</title>
		<link>https://cbomo.com/youtube-outranks-netflix-among-tv-streamers-nielsen-report/</link>
					<comments>https://cbomo.com/youtube-outranks-netflix-among-tv-streamers-nielsen-report/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Wed, 26 Jun 2024 21:52:31 +0000</pubDate>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[among]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[News and Trends]]></category>
		<category><![CDATA[Nielsen]]></category>
		<category><![CDATA[Outranks]]></category>
		<category><![CDATA[Report]]></category>
		<category><![CDATA[Streamers]]></category>
		<category><![CDATA[Streaming TV]]></category>
		<category><![CDATA[YouTube]]></category>
		<guid isPermaLink="false">https://cbomo.com/youtube-outranks-netflix-among-tv-streamers-nielsen-report/</guid>

					<description><![CDATA[[ad_1] You&#8217;re more likely to turn on the TV to watch YouTube, Netflix, or another streaming platform than you are to watch cable. Nielsen&#8217;s June &#8220;The Gauge&#8221; report, which assessed what U.S. audiences watch through a TV screen for the previous month, found that more viewers are opting to stream content through their TVs. YouTube had a record-high share of TV viewers across all streaming services in May; 9.7% of all views on connected and traditional TVs&#8230;]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
</p>
<div>
<p>You&#8217;re more likely to turn on the TV to watch YouTube, Netflix, or another streaming platform than you are to watch cable.</p>
<p>Nielsen&#8217;s June &#8220;<a target="_blank" href="https://www.nielsen.com/news-center/2024/the-gauge-may-2024-young-sheldon-covergent-tv-win/?wvideo=la0wgavo56" rel="noopener">The Gauge&#8221;</a> report, which assessed what U.S. audiences watch through a TV screen for the previous month, found that more viewers are opting to stream content through their TVs.</p>
<p>YouTube had a record-high share of TV viewers across all streaming services in May; 9.7% of all views on connected and traditional TVs last month were an effort to access the platform.</p>
<p>About one in 10 people who turned on the TV wanted to watch YouTube.</p>
<p>&#8220;We&#8217;re not talking about your mobile phone, your laptop, that I&#8217;m sure you see your kids using all the time, but on the biggest screen in the house, the TV,&#8221; LightShed media analyst Rich Greenfield told <a target="_blank" href="https://www.cnbc.com/2024/06/26/youtube-streaming-dominance-media-strategy.html" rel="noopener">CNBC</a>.</p>
<p>Greenfield added that &#8220;every [media] executive&#8221; should be watching the trend.</p>
<p><b>Related: <a target="_blank" href="https://www.entrepreneur.com/business-news/how-erika-kullberg-grows-and-monetizes-her-youtube-channel/475477" rel="noopener">How Erika Kullberg Grows and Monetizes Her YouTube Channel</a></b></p>
<p>Netflix wasn&#8217;t far behind YouTube, with new episodes of &#8220;Bridgerton&#8221; pushing the company to 7.6% of all TV views in May.</p>
<p>Hulu, Prime Video, and Disney+ had lower shares of 3.1%, 3.0%, and 1.8% respectively.</p>
<p>The streaming industry overall commanded a record-high 38.8% of views through TV in May. That means nearly two in five interactions with a TV screen last month were to access a streaming service.</p>
<p><b>Related: <a target="_blank" href="https://www.entrepreneur.com/science-technology/how-to-start-a-youtube-channel/229284" rel="noopener">How To Start a YouTube Channel: Step-by-Step Guide</a></b></p>
<p>Streaming had a higher portion of the market than cable (28.2%), broadcast (22.3%), or any other service (10.8%).</p>
<p>&#8220;Now the past two summers have been notable for the share shifts towards streaming, driven by blockbuster original releases and school-age kids having more free time,&#8221; Brian Fuhrer, Nielsen senior vice president of product strategy and thought leadership, stated in a <a target="_blank" href="https://www.nielsen.com/news-center/2024/the-gauge-may-2024-young-sheldon-covergent-tv-win/" rel="noopener">video</a> recap about the report.</p>
<p><a target="_blank" href="https://www.nielsen.com/news-center/2024/the-gauge-may-2024-young-sheldon-covergent-tv-win/?wvideo=la0wgavo56" rel="noopener"><img decoding="async" class="lazyload" loading="lazy" role="presentation" src="https://embed-ssl.wistia.com/deliveries/33b22d0368979f0dd4c806a5241f5dc1774ec0ff.jpg?image_play_button_size=2x&amp;image_crop_resized=960x540&amp;image_play_button=1&amp;image_play_button_color=6e37fae0" style="height:225px; width:400px" width="960" height="540"/></a></p>
<p><a target="_blank" href="https://www.nielsen.com/news-center/2024/the-gauge-may-2024-young-sheldon-covergent-tv-win/?wvideo=la0wgavo56" rel="noopener">Nielsen&#8217;s May 2024 Report of The Gauge™: Young Sheldon Creates a Big Bang Across Platforms | Nielsen</a></p>
<p>The impact of the summer months will start to be felt in Nielsen&#8217;s upcoming July 16 gauge report, which measures June&#8217;s TV viewership.</p>
<p>Read the June report, <a target="_blank" href="https://www.nielsen.com/news-center/2024/the-gauge-may-2024-young-sheldon-covergent-tv-win/" rel="noopener">here</a>.</p>
<p><b>Related: <a target="_blank" href="https://www.entrepreneur.com/growing-a-business/how-to-leverage-data-to-attract-and-retain-youtube/474030" rel="noopener">How to Leverage Data to Attract and Retain YouTube Subscribers</a></b></p>
</p></div>
<p>[ad_2]<br />
<br /><a href="https://www.entrepreneur.com/business-news/youtube-outranks-netflix-among-tv-streamers-nielsen-report/476211">Source link </a></p>
]]></content:encoded>
					
					<wfw:commentRss>https://cbomo.com/youtube-outranks-netflix-among-tv-streamers-nielsen-report/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Apple&#8217;s $3,499 Vision Pro Will Be More Affordable: Report</title>
		<link>https://cbomo.com/apples-3499-vision-pro-will-be-more-affordable-report/</link>
					<comments>https://cbomo.com/apples-3499-vision-pro-will-be-more-affordable-report/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Mon, 24 Jun 2024 21:49:31 +0000</pubDate>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[affordable]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple Vision Pro]]></category>
		<category><![CDATA[Apples]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[Devices]]></category>
		<category><![CDATA[Mixed Reality]]></category>
		<category><![CDATA[News and Trends]]></category>
		<category><![CDATA[Pro]]></category>
		<category><![CDATA[Report]]></category>
		<category><![CDATA[Science & Technology]]></category>
		<category><![CDATA[Virtual Reality]]></category>
		<category><![CDATA[vision]]></category>
		<guid isPermaLink="false">https://cbomo.com/apples-3499-vision-pro-will-be-more-affordable-report/</guid>

					<description><![CDATA[[ad_1] Apple&#8217;s $3,499 Vision Pro mixed reality headset debuted in February. Despite Apple&#8217;s efforts to make the Vision Pro mainstream, it remains &#8220;a costly niche product,&#8221; according to Bloomberg chief correspondent Mark Gurman. His Sunday Power On newsletter reveals new details about Apple&#8217;s strategy with the Vision Pro as it aims to sell more units. According to Gurman, Apple&#8217;s Vision Products Group always strategized to bring out the Vision Pro first, and then a cheaper alternative down&#8230;]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
</p>
<div>
<p>Apple&#8217;s $3,499 Vision Pro mixed reality headset <a target="_blank" href="https://www.entrepreneur.com/business-news/videos-show-drivers-in-tesla-autopilot-with-apple-vision-pro/469408" rel="noopener">debuted</a> in February. Despite Apple&#8217;s efforts to make the Vision Pro mainstream, it remains &#8220;a costly niche product,&#8221; according to Bloomberg chief correspondent Mark Gurman.</p>
<p>His Sunday <a target="_blank" href="https://www.bloomberg.com/news/newsletters/2024-06-23/apple-vision-plans-cheaper-model-in-late-2025-vision-pro-2-in-2026-ar-glasses-lxrjk6wu?srnd=undefined/" rel="noopener">Power On</a> newsletter reveals new details about Apple&#8217;s strategy with the Vision Pro as it aims to sell more units.</p>
<p>According to Gurman, Apple&#8217;s Vision Products Group always strategized to bring out the Vision Pro first, and then a cheaper alternative down the line.</p>
<p>The group&#8217;s focus is now on this cheaper headset, which could sell in the $1,500 to $2,000 range. Apple wants to release it as early as the end of 2025 and planned on doing so before even teasing the Vision Pro, Gurman asserted.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/whats-next-for-apple-after-vision-pro-home-robots-report/472210" rel="noopener"><b>What&#8217;s Next for Apple After Vision Pro? Home Robots</b></a></p>
<p>Even if the cheaper Vision Pro sold at $1,500, it would be three times more expensive than the Meta <a target="_blank" href="https://mixed-news.com/en/meta-quest-3-is-the-best-vr-headset-these-are-the-winners-of-the-auggie-awards-2024/" rel="noopener">Quest 3</a> and more than seven times as expensive than the Meta <a target="_blank" href="https://www.theverge.com/2024/4/18/24134379/meta-quest-2-199-dollars-permanent-price-cut" rel="noopener">Quest 2</a>, which has sold at least <a target="_blank" href="https://www.theverge.com/2023/2/28/23619730/meta-vr-oculus-ar-glasses-smartwatch-plans" rel="noopener">20 million</a> units.</p>
<p>Bloomberg wasn&#8217;t the only one to pick up on Apple&#8217;s push for a more affordable mixed-reality headset. The Information also published a <a target="_blank" href="https://www.theinformation.com/articles/apple-suspends-work-on-next-high-end-headset-focused-on-releasing-cheaper-model-in-late-2025" rel="noopener">report</a> last week confirming that Apple wants to release a less expensive version of the Vision Pro by the end of 2025.</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1719257169_Vision-Pro-GettyImages-2016379583.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><i><sup>Wearing the Apple Vision Pro. (Photo by Christian Vierig/Getty Images)</sup></i></p>
<p>Though Apple sold out of its initial stock of the Vision Pro, <a target="_blank" href="https://nypost.com/2024/01/30/business/apple-sells-out-of-vision-pro-headsets-after-getting-200k-pre-orders/" rel="noopener">with</a> about 200,000 pre-orders, the headset has still gotten off to a slower-than-expected start. In April, analysts <a target="_blank" href="https://www.engadget.com/it-doesnt-matter-how-many-vision-pro-headsets-apple-sells-ming-chi-kuo-production-numbers-143112470.html" rel="noopener">sharply cut</a> their Vision Pro shipment projections for the rest of the year, from around 700,000 units to about half of that, from 400,000 to 450,000 shipments.</p>
<p>The Vision Pro received <a target="_blank" href="https://www.reddit.com/r/apple/comments/1aeq7kk/vision_pro_review_24_hours_with_apples/" rel="noopener">mixed</a> <a target="_blank" href="https://www.reddit.com/r/VisionPro/comments/1ahybno/a_review_of_the_reviews_of_apple_vision_pro_and/" rel="noopener">reviews</a> and average or above-average <a target="_blank" href="https://www.bloomberg.com/news/newsletters/2024-02-18/apple-vision-pro-returning-3-500-device-over-comfort-lack-of-apps-and-price-lsrk88mq" rel="noopener">return rates</a> for Apple products from its first buyers. Customers who returned it didn&#8217;t like the weight of the device, the current lack of apps, and the quality of the display.</p>
<p>Apple announced at its annual developer <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-wwdc-iphone-ipad-changes-apple-intelligence-ios-18/475404" rel="noopener">conference</a> earlier this month that the Vision Pro would soon be internationally available, which could help boost sales.</p>
<p>China, Hong Kong, and Singapore will have access to the Vision Pro later this month; France, Germany, Canada, Australia, and the U.K. will have access next month.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/will-apple-ai-convince-you-to-upgrade-your-old-iphone/475459" rel="noopener"><b>Will Apple AI Convince You to Upgrade Your Old iPhone?</b></a></p>
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		<title>Amazon Considering Charging Extra for AI Alexa: Report</title>
		<link>https://cbomo.com/amazon-considering-charging-extra-for-ai-alexa-report/</link>
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		<pubDate>Sat, 22 Jun 2024 21:47:03 +0000</pubDate>
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					<description><![CDATA[[ad_1] Amazon&#8217;s Alexa unit has historically been unprofitable, losing billions of dollars since its introduction in 2014 — but AI could help turn things around. According to a Friday Reuters report citing eight sources &#8220;with direct knowledge&#8221; of Amazon&#8217;s plans, including current and former Amazon employees who worked on the voice assistant, Amazon is considering putting a higher AI-powered Alexa behind a subscription paywall. Amazon is currently working on upgrading the free version of Alexa to one&#8230;]]></description>
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<p>Amazon&#8217;s Alexa unit has historically been unprofitable, losing <a target="_blank" href="https://www.businessinsider.com/amazon-alexa-job-layoffs-rise-and-fall-2022-11" rel="noopener">billions</a> of dollars since its introduction in 2014 — but AI could help turn things around.</p>
<p>According to a Friday <a target="_blank" href="https://www.reuters.com/technology/amazon-mulls-5-10-monthly-price-tag-unprofitable-alexa-service-ai-revamp-2024-06-21/" rel="noopener">Reuters</a> report citing eight sources &#8220;with direct knowledge&#8221; of Amazon&#8217;s plans, including current and former Amazon employees who worked on the voice assistant, Amazon is considering putting a higher AI-powered Alexa behind a subscription paywall.</p>
<p>Amazon is currently working on upgrading the free version of Alexa to one with AI capabilities, per Reuters, and plans to add a higher, subscription level of the voice assistant that can process more complex AI prompts.</p>
<p>The two levels of Alexa are internally known as the &#8220;Remarkable Alexa&#8221; and the &#8220;Classic Alexa.&#8221; Sources told Reuters that Amazon has thought about a $5 to $10 per month subscription for &#8220;Remarkable Alexa&#8221; to differentiate the two.</p>
<p>&#8220;Classic Alexa&#8221; will remain free, according to the report.</p>
<p>If implemented, the subscription would be the first major reframing of the voice assistant since Amazon introduced it.</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1718999006_Alexa-GettyImages-1678215490.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><i><sup>Amazon Echo Show 8 previewing new Alexa AI features. Credit: Al Drago/Bloomberg via Getty Images</sup></i></p>
<p>Amazon&#8217;s Echo smart home devices with Alexa have been surprise <a target="_blank" href="https://www.geekwire.com/2016/amazon-echo-sales-reach-5m-two-years-research-firm-says-google-competitor-enters-market/" rel="noopener">hits</a> since they launched, but a 2022 <a target="_blank" href="https://www.businessinsider.com/amazon-alexa-job-layoffs-rise-and-fall-2022-11" rel="noopener">BI report</a> showed that even though they&#8217;re bestsellers, most of them sold at cost.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/amazon-swaps-plastic-pillows-for-paper-shipping-materials/475954" rel="noopener"><b>Amazon Swaps Plastic Pillows For Paper Shipping Materials</b></a></p>
<p>Amazon already previewed a generative AI version of Alexa in <a target="_blank" href="https://www.aboutamazon.com/news/devices/amazon-alexa-generative-ai" rel="noopener">September</a> and showed off how the voice assistant could talk with more personality and take in more context.</p>
<p><iframe title="Customers preview new Alexa capabilities | Amazon News" width="860" height="484" src="https://www.youtube.com/embed/dAPuMivixzg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>Amazon stated then that it had sold more than half a billion devices with Alexa and that AI features &#8220;will be available to Alexa customers in the U.S. soon.&#8221;</p>
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		<title>Apple Ends Buy Now, Pay Later Less Than A Year After Launch</title>
		<link>https://cbomo.com/apple-ends-buy-now-pay-later-less-than-a-year-after-launch/</link>
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		<pubDate>Thu, 20 Jun 2024 21:45:08 +0000</pubDate>
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					<description><![CDATA[[ad_1] Apple is sunsetting its no-fee, no-interest buy now, pay later program less than a year after making it generally available. In a Tuesday statement to 9to5Mac and a Monday statement to CNBC, Apple announced that it has discontinued Apple Pay Later, a U.S.-only program that allowed users to apply for a loan from $50 to $1,000 directly from the Wallet app on their iPhones. The program, which became widely available in the U.S. in October, gave&#8230;]]></description>
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<p>Apple is sunsetting its no-fee, no-interest buy now, pay later program less than a <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-pay-later-is-coming-to-apple-pay/428966" rel="noopener">year</a> after making it generally available.</p>
<p>In a Tuesday statement to <a target="_blank" href="https://9to5mac.com/2024/06/17/apple-pay-later-united-states-ending/" rel="noopener">9to5Mac</a> and a Monday statement to <a target="_blank" href="https://www.cnbc.com/2024/06/17/apple-stops-offering-buy-now-pay-later-loans-in-us-.html" rel="noopener">CNBC</a>, Apple announced that it has discontinued Apple Pay Later, a U.S.-only program that allowed users to apply for a loan from $50 to $1,000 directly from the Wallet app on their iPhones.</p>
<p>The program, which became widely available in the U.S. in October, gave borrowers the option to pay off the loan in four installments across six weeks, with no fees or interest.</p>
<p>Apple Pay Later is no longer available starting this week, according to Apple.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/buy-now-pay-later-increasingly-popular-among-high-earners/467673" rel="noopener"><b>&#8216;Buy Now Pay Later&#8217; Increasingly Popular Among High Earners</b></a></p>
<p>In its place is a new personal finance option set to arrive later this year: installment loans offered through lenders, credit cards, and debit cards.</p>
<p>&#8220;The ability to access installments from credit and debit cards with Apple Pay will roll out starting in Australia with ANZ; in Spain with CaixaBank; in the U.K. with HSBC and Monzo; and in the U.S. with Citi, Synchrony, and issuers with Fiserv,&#8221; Apple stated in an <a target="_blank" href="https://www.apple.com/newsroom/2024/06/new-features-come-to-apple-services-this-fall/" rel="noopener">update</a> last week.</p>
<p>Apple added that U.S. users also have the option to apply for loans through Affirm, a third-party company, when they check out with Apple Pay.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/buying-now-to-pay-later-credit-card-protections-now-apply/474530" rel="noopener"><b>Buying Now to Pay Later? Credit Card Protections Now Apply</b></a></p>
<p>More than half of U.S. consumers <a target="_blank" href="https://www.statista.com/insights/consumer/brand-profiles/2/4/buy-now-pay-later/united-states/" rel="noopener">recognize</a> Affirm by name. <img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1718720751_Apple-Pay-Later-GettyImages-1241161253.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><i><sup>Apple Pay Later logo on MacBook and iPhone screens. Photo by Jakub Porzycki/NurPhoto via Getty Images</sup></i></p>
<p>Apple executives first pitched Apple Pay Later as a useful personal finance tool.</p>
<p>The draw was flexible payments; plus, applying for an Apple Pay Later loan also had no impact on credit scores.</p>
<p>&#8220;Apple Pay Later was designed with our users&#8217; financial health in mind,&#8221; Jennifer Bailey, Apple vice president of Apple Pay and Apple Wallet, <a target="_blank" href="https://9to5mac.com/2023/03/28/apple-pay-later-now-available-features/" rel="noopener">stated</a> in March 2023.</p>
<p>Anyone who still has an active Apple Pay Later loan will be able to pay it off through the Apple Wallet app.</p>
<p>Apple Pay Later loans <a target="_blank" href="https://www.apple.com/newsroom/2023/03/apple-introduces-apple-pay-later/" rel="noopener">were</a> backed by Apple and enabled through the Mastercard Installments program.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/apple-launches-apple-card-savings-account-from-goldman-sachs/449827" rel="noopener"><b>Apple Launches Apple Card Savings Account From Goldman Sachs</b></a></p>
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		<title>Hugging Face CEO Says More AI Startups Want To Get Acquired</title>
		<link>https://cbomo.com/hugging-face-ceo-says-more-ai-startups-want-to-get-acquired/</link>
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		<pubDate>Fri, 14 Jun 2024 21:15:16 +0000</pubDate>
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					<description><![CDATA[[ad_1] Multi-billion dollar AI community startup Hugging Face announced its fourth acquisition to date on Thursday, a $10 million buy of a small AI collaboration platform called Argilla. Hugging Face CEO Clément Delangue now says he&#8217;s getting acquisition requests from many more startups — at least 10 a week. &#8220;This year, in particular, it has increased quite a lot,&#8221; he told Bloomberg. Clément Delangue, CEO of Hugging Face. Tom Williams/CQ-Roll Call, Inc via Getty Images Hugging Face&#8230;]]></description>
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<p>Multi-billion dollar AI community startup Hugging Face <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-06-13/more-ai-founders-looking-to-sell-startups-hugging-face-ceo-says" rel="noopener">announced</a> its fourth acquisition to date on Thursday, a $10 million buy of a small AI collaboration platform called Argilla.</p>
<p>Hugging Face CEO Clément Delangue now says he&#8217;s getting acquisition requests from many more startups — at least 10 a week.</p>
<p>&#8220;This year, in particular, it has increased quite a lot,&#8221; he told <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-06-13/more-ai-founders-looking-to-sell-startups-hugging-face-ceo-says" rel="noopener">Bloomberg</a>.</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1718307710_Hugging-Face-GettyImages-1663179404.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><i><sup>Clément Delangue, CEO of Hugging Face. Tom Williams/CQ-Roll Call, Inc via Getty Images</sup></i></p>
<p>Hugging Face lets developers openly share and test AI models that anyone can use, and has partnered with companies like <a target="_blank" href="https://huggingface.co/blog/gcp-partnership" rel="noopener">Google</a> and <a target="_blank" href="https://huggingface.co/blog/hugging-face-endpoints-on-azure" rel="noopener">Microsoft</a>. The company <a target="_blank" href="https://www.siliconrepublic.com/start-ups/hugging-face-series-d-funding-salesforce-google-amd" rel="noopener">claims</a> to have over a million AI models, datasets, and apps on its platform.</p>
<p>After a $235 million August funding round, with investments from Amazon, Nvidia, Intel, and other big tech names, Hugging Face is now <a target="_blank" href="https://www.bloomberg.com/news/articles/2023-08-24/ai-startup-hugging-face-valued-at-4-5-billion-after-fundraising" rel="noopener">valued</a> at $4.5 billion.</p>
<p>Delangue&#8217;s remarks that he sees more AI startups looking to be acquired could signal that the AI industry is <a target="_blank" href="https://www.investopedia.com/terms/c/consolidationphase.asp" rel="noopener">consolidating</a>, or entering the stage when competitors begin merging, per Bloomberg.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/unicorn-founders-launch-ai-business-credit-score-startup/471118" rel="noopener"><b>Unicorn Founders Launch AI Business Credit Score Startup</b></a></p>
<p>Huge tech companies have been quietly acquiring AI startups recently. According to a February <a target="_blank" href="https://www.cdomagazine.tech/aiml/ai-shopping-spree-apple-leads-charge-with-32-startup-acquisitions-in-2023" rel="noopener">report</a> from portfolio management company Stocklytics, Apple has made the most AI startup acquisitions compared to its peers, buying 32 startups last year and at least <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-03-14/apple-aapl-buys-canadian-ai-startup-darwinai-as-part-of-race-to-add-features" rel="noopener">one</a> more this year.</p>
<p>Google bought 21 AI startups and Meta acquired 18, per the same report.</p>
<p>AI stood out last year as one of the best-performing industries for unicorn, or billion-dollar valuation business, growth.</p>
<p>A February Morningstar <a target="_blank" href="https://www.entrepreneur.com/business-news/want-to-start-a-billion-dollar-business-look-to-these-two/470089" rel="noopener">report</a> found that more than four of every 10 startups that became a unicorn in 2023 focused on AI and machine learning.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/want-to-start-a-billion-dollar-business-look-to-these-two/470089" rel="noopener"><b>Want to Start a Billion-Dollar Business? Look to These Two Industries</b></a></p>
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		<title>Elon Musk Withdraws Lawsuit Against ChatGPT-Maker OpenAI</title>
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		<pubDate>Wed, 12 Jun 2024 21:12:26 +0000</pubDate>
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					<description><![CDATA[[ad_1] Over three months after filing a lawsuit accusing OpenAI of going against its original mission, Elon Musk is dropping the suit. Musk was a co-founder of OpenAI but stepped away in 2018 and now owns rival AI startup xAI. He sued OpenAI in late February in California state court, alleging that the ChatGPT-maker was going against its open-source founding principles and creating AI &#8220;to maximize profits for Microsoft, rather than for the benefit of humanity.&#8221; His&#8230;]]></description>
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<p>Over three months after <a target="_blank" href="https://www.entrepreneur.com/business-news/elon-musk-sues-chatgpt-maker-openai-sam-altman/470551" rel="noopener">filing</a> a lawsuit accusing OpenAI of going against its original mission, Elon Musk is dropping the suit.</p>
<p>Musk was a co-founder of OpenAI but stepped away in 2018 and now owns rival AI startup <a target="_blank" href="https://www.entrepreneur.com/finance/xai-owned-by-elon-musk-close-to-raising-6-billion/473332" rel="noopener">xAI</a>. He sued OpenAI in late February in California state court, alleging that the ChatGPT-maker was going against its open-source founding principles and creating AI &#8220;to maximize profits for Microsoft, rather than for the benefit of humanity.&#8221;</p>
<p>His lawsuit prompted OpenAI leaders to <a target="_blank" href="https://www.entrepreneur.com/business-news/open-ai-publishes-private-elon-musk-emails-in-blog-post/470745" rel="noopener">release</a> internal emails he sent from 2015 to 2018 encouraging them to seek funding.</p>
<p>Musk decided to file to dismiss the suit on Tuesday, and the case was dismissed, according to court documents obtained by <a target="_blank" href="https://www.cnbc.com/2024/06/11/elon-musk-drops-suit-against-openai-and-sam-altman.html" rel="noopener">CNBC</a>. <img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1718213966_Elon-Musk-GettyImages-2151268410.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><i><sup>Elon Musk, co-founder of Tesla and SpaceX and owner of X. (Photo by Apu Gomes/Getty Images)</sup></i></p>
<p>The case could have been dismissed without Musk dropping it. OpenAI had already moved to throw out Musk&#8217;s claims and a judge was going to decide on the matter at a hearing originally scheduled for Wednesday in San Francisco, per CNBC.</p>
<p>Though the case is over, Musk is still publicly calling out OpenAI.</p>
<p>On Monday, Musk <a target="_blank" href="https://www.entrepreneur.com/business-news/elon-musk-threatens-to-ban-apple-devices-at-his-companies/475472" rel="noopener">criticized</a> Apple&#8217;s <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-wwdc-iphone-ipad-changes-apple-intelligence-ios-18/475404" rel="noopener">decision</a> to work with OpenAI and bring ChatGPT to the <a target="_blank" href="https://www.entrepreneur.com/business-news/will-apple-ai-convince-you-to-upgrade-your-old-iphone/475459" rel="noopener">iPhone</a> and said that he would ban Apple devices at his companies.</p>
<p>He <a target="_blank" href="https://x.com/elonmusk/status/1800269249912381773" rel="noopener">wrote</a>, &#8220;Apple has no clue what&#8217;s actually going on once they hand your data over to OpenAI. They&#8217;re selling you down the river.&#8221;</p>
<p>Musk has <a target="_blank" href="https://x.com/elon_docs/status/1800280229283258546" rel="noopener">previously</a> called out Google, OpenAI, and Meta&#8217;s AI efforts and <a target="_blank" href="https://x.ai/blog/series-b" rel="noopener">raised</a> $6 billion last month for his AI startup.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/elon-musk-threatens-to-ban-apple-devices-at-his-companies/475472" rel="noopener"><b>Elon Musk Threatens to Ban Employees from Using Apple Products</b></a></p>
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		<title>Apple WWDC: iPhone, iPad Changes, Apple Intelligence, iOS 18</title>
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		<pubDate>Mon, 10 Jun 2024 21:07:33 +0000</pubDate>
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					<description><![CDATA[[ad_1] After endless rumors, Apple has finally revealed how it&#8217;s upgrading the iPhone with a jolt of AI. Apple, the largest smartphone maker in the U.S., held its annual Worldwide Developer Conference on Monday and announced &#8220;Apple Intelligence&#8221; at the event, or AI for the iPhone. It&#8217;s also partnering with OpenAI to bring ChatGPT to Apple products, starting with OpenAI&#8217;s newest GPT-4o model. Apple CEO Tim Cook at the Apple Worldwide Developers Conference (WWDC) on June 10,&#8230;]]></description>
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<p>After endless <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-talking-to-google-about-putting-gemini-ai-in-iphones/471310" rel="noopener">rumors</a>, Apple has finally revealed how it&#8217;s upgrading the <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-iphone-7-settlement-how-to-make-a-claim-by-deadline/474668" rel="noopener">iPhone</a> with a jolt of AI.</p>
<p>Apple, the <a target="_blank" href="https://www.oberlo.com/statistics/us-smartphone-market-share" rel="noopener">largest</a> smartphone maker in the U.S., held its annual Worldwide Developer Conference on Monday and announced &#8220;Apple Intelligence&#8221; at the event, or AI for the iPhone.</p>
<p>It&#8217;s also partnering with OpenAI to bring ChatGPT to Apple products, starting with OpenAI&#8217;s newest <a target="_blank" href="https://www.entrepreneur.com/business-news/scarlett-johansson-asks-why-chatgpt-sounds-like-her/474466" rel="noopener">GPT-4o</a> model.</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1718045663_WWDC-GettyImages-2156971852.jpg?width=1000" style="height:673px; width:1000px" width="1000" height="673"/><i><sup>Apple CEO Tim Cook at the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. (Photo by Justin Sullivan/Getty Images)</sup></i></p>
<p>Apple&#8217;s new AI upgrades Siri and allows the voice assistant to work inside apps to get things done. For example, Siri will soon be able to search through your photos, find a picture of your driver&#8217;s license, extract the numbers, and put it in a web form for you.</p>
<p>Another new feature, Genmoji, means that iPhone users can generate emojis from a written prompt on their phone keyboard.</p>
<p>&#8220;What&#8217;s truly unique&#8221; about Apple Intelligence &#8220;is its understanding of your personal context,&#8221; Apple senior vice president of software engineering Craig Federighi said.</p>
<p>In one example, Apple&#8217;s new AI will be able to rank notifications on the lock screen to minimize distractions and put higher-priority notifications first.</p>
<p>ChatGPT in your iPhone will be able to answer prompts that Siri can&#8217;t while keeping user info and questions private, according to Apple.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/openais-new-chatgpt-sounds-almost-human-in-latest-update/474072" rel="noopener"><b>OpenAI&#8217;s New ChatGPT Sounds Almost Human in Latest Update</b></a></p>
<p>Apple&#8217;s new private cloud compute safeguard for its AI &#8220;sets a brand-new standard for privacy,&#8221; according to Federighi.</p>
<p>Under the standard, Apple processes AI requests locally, on devices, as much as it can; it only sends relevant data to servers the company created.</p>
<p>Apple says it never stores data.</p>
<p>This is the first time Apple has announced &#8220;profound new intelligence capabilities,&#8221; as CEO Tim Cook called it. However, Apple has already made internal improvements to one product lineup to support AI.</p>
<p>In May, Apple announced an <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-event-new-ipad-pro-looks-acts-like-a-macbook-air/473782" rel="noopener">all-new M4 chip</a>, which Apple vice president of platform architecture Tim Millet called an &#8220;outrageously powerful chip for AI.&#8221;</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/apple-event-new-ipad-pro-looks-acts-like-a-macbook-air/473782" rel="noopener"><b>Apple Event: New iPad Pro Looks, Acts Like a MacBook Air</b></a></p>
<p>The chip powers Apple&#8217;s new line of <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-issues-apology-pulls-crush-ipad-pro-ad/473976" rel="noopener">iPad Pros</a>.</p>
<p>iPads will also be getting a calculator app for the first time in 14 years with Apple Pencil support, Apple announced at WWDC. Users can write down or sketch out math problems on the calculator and have the app solve them.</p>
<h2>Schedule Texts, Hide Apps</h2>
<p>iPhone users will also soon be able to take advantage of a new software update, iOS 18.</p>
<p>The new iOS 18 will allow users to lock an app with FaceID on their iPhone and hide apps entirely from the home screen — plus schedule text messages to send later, and add any emoji or sticker to a text to respond.</p>
<p>iOS 18 also means that iPhone users can customize the home screen with new colors and place apps in new places along the screen.</p>
<p>Apple is officially adopting <a target="_blank" href="https://www.entrepreneur.com/business-news/apple-sued-by-doj-over-illegal-iphone-monopoly-accusations/471504" rel="noopener">RCS</a> (Rich Communication Services) on its iPhones, which means that Android phones will be able to send high-quality photos and videos to iPhones.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/leadership/how-to-present-like-steve-jobs-at-apple-developers/475329" rel="noopener"><b>How to Present Like Steve Jobs at Apple Developers Conference</b></a></p>
<p>A public beta of iOS 18 will <a target="_blank" href="https://9to5mac.com/2024/06/10/ios-18-new-features-release-date-more/" rel="noopener">come out</a> in July, and the general public will get to use it starting in September.
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		<title>Disney Wins Board Battle Against Hedge Funds, Nelson Peltz</title>
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		<pubDate>Wed, 03 Apr 2024 22:26:26 +0000</pubDate>
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					<description><![CDATA[[ad_1] Hedge fund investors who sought seats on Disney&#8217;s board have been defeated. Disney secured enough votes from shareholders at its annual meeting on Wednesday to win a high-profile board fight against 81-year-old billionaire Nelson Peltz, founder and CEO of Trian Fund Management, and Jay Rasulo, the former chief financial officer of Disney. Disney&#8217;s 12 recommended nominees were elected by shareholders &#8220;by a substantial margin&#8221; over Trian and Blackwells&#8217; 5 combined nominees, Horacio Gutierrez, senior executive vice&#8230;]]></description>
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<p>Hedge fund investors who sought seats on Disney&#8217;s board have been defeated.</p>
<p>Disney secured enough votes from shareholders at its <a target="_blank" href="https://thewaltdisneycompany.com/2024-annual-meeting-of-shareholders-webcast/" rel="noopener">annual meeting</a> on Wednesday to win a high-profile board fight against 81-year-old billionaire Nelson Peltz, founder and CEO of Trian Fund Management, and Jay Rasulo, the former chief financial officer of Disney.</p>
<p>Disney&#8217;s 12 recommended nominees were elected by shareholders &#8220;by a substantial margin&#8221; over Trian and Blackwells&#8217; 5 combined nominees, Horacio Gutierrez, senior executive vice president of Disney, announced at the shareholder meeting at around 10:22 a.m. Pacific Standard Time.</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1712165758_Bob-Iger-GettyImages-2005959370.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><sup><i>Bob Iger, CEO of Disney, on February 12, 2024. (Photo by JC Olivera/Getty Images)</i></sup></p>
<p>Disney CEO Bob Iger called the matter &#8220;this distracting proxy business&#8221; after the outcome was announced, and stated that Disney was now &#8220;eager&#8221; to keep focusing on driving value for shareholders.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/nelson-peltz-wants-to-change-disney-heres-how-hed-do-it/470761" rel="noopener"><b>Hedge Fund Billionaire and Disney Investor Nelson Peltz Published 133 Pages on How Disney Should Change</b></a></p>
<p>Peltz and Rasulo launched a months-long, multimillion-dollar campaign to secure seats on Disney&#8217;s 12-person board. Peltz has contested Disney&#8217;s business choices and recently spoke to the <a target="_blank" href="https://www.ft.com/content/0a182c97-6af7-42a6-ad9f-ae980562bb45" rel="noopener">Financial Times</a> about his opinions against the casting in recent Disney films.</p>
<p>At the board meeting, Peltz spoke for about three minutes and said, &#8220;There is no doubt that Disney is an iconic company… All we want is for Disney to get back to making great content.&#8221;</p>
<p>Peltz pointed out that this was the second time he was vying for a board position, referring to <a target="_blank" href="https://www.wsj.com/business/media/nelson-peltz-boosts-disney-stake-seeks-board-seats-77b2c589" rel="noopener">another attempt</a> last year that he <a target="_blank" href="https://www.cnn.com/2023/02/09/media/bob-iger-disney-nelson-peltz/index.html" rel="noopener">called off</a>, and stated that regardless of the outcome of the vote, Trian would be watching Disney&#8217;s performance.</p>
<p>Peltz was interrupted and informed that he was out of time by Gutierrez before he finished giving his statement.</p>
<p><b>Related: <a target="_blank" href="https://www.entrepreneur.com/business-news/disney-ceo-bob-iger-town-hall-no-more-fixing-problems/466106" rel="noopener">Here&#8217;s What Disney CEO Bob Iger Told Employees in a Town Hall Address</a></b></p>
<p>A March video from Disney <a target="_blank" href="https://blogmickey.com/2024/03/gloves-off-new-attack-from-disney-calls-peltz-rasulo-disruptive-and-destructive/" rel="noopener">called</a> Peltz&#8217;s ambitions &#8220;more about vanity than a belief in Disney&#8221; and Rasulo &#8220;a former Disney employee who was passed over for a promotion nearly a decade ago.&#8221; Rasulo stepped down from the Disney CFO position in <a target="_blank" href="https://www.ocregister.com/2015/06/01/disney-cfo-rasulo-once-considered-a-candidate-to-take-ceo-igers-spot-is-stepping-down/" rel="noopener">2015</a>.</p>
<p>Blackwells Capital, another hedge fund, also nominated three candidates, Craig Hatkoff, Jessica Schell, and Leah Solivan, to the board of directors, according to the <a target="_blank" href="https://thewaltdisneycompany.com/app/uploads/2024/02/2024-Proxy-Statement.pdf" rel="noopener">annual meeting notice</a>.</p>
<p>Gutierrez announced at the shareholder meeting that Disney did not endorse the nominees from Trian or Blackwell.</p>
<p>Disney instead proposed 12 directors to the board who were ultimately voted in by shareholders: Mary T. Barra, Safra A. Catz, Amy L. Chang, D. Jeremy Darroch, Carolyn N. Everson, Michael B.G. Froman, James P. Gorman, Robert A. Iger, Maria Elena Lagomasino, Calvin R. McDonald, Mark G. Parker, and Derica W. Rice.</p>
<p>Each board director holds the position for one year.</p>
<p>See the annual meeting notice and proxy statement <a target="_blank" href="https://thewaltdisneycompany.com/app/uploads/2024/02/2024-Proxy-Statement.pdf" rel="noopener">here</a>.
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		<title>What Data Should Investors Focus on Now?</title>
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		<pubDate>Sat, 30 Mar 2024 21:20:16 +0000</pubDate>
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					<description><![CDATA[[ad_1] The S&#38;P 500 (SPY) is up nearly 50% from the bear market lows. That is a sign the easy money has been made. The next likely catalyst for stocks will probably be the first Fed rate cut&#8230;but maybe that is really the final push before a long overdue sell off? Tune in to discover what investment veteran Steve Reitmeister has to say about the market outlook along with his trading plan and top picks to stay&#8230;]]></description>
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<p>The S&amp;P 500 (SPY) is up nearly 50% from the bear market lows. That is a sign the easy money has been made. The next likely catalyst for stocks will probably be the first Fed rate cut&#8230;but maybe that is really the final push before a long overdue sell off? Tune in to discover what investment veteran Steve Reitmeister has to say about the market outlook along with his trading plan and top picks to stay ahead of the pack. Read on below for more.</p>
<p>It is clear that the Fed decision to lower rates is the main catalyst everyone is waiting for. The next chance that could happen is on Wednesday May 1<sup>st</sup>.</p>
<p>Since the Fed is “<em>data dependent</em>” (as they repeat like a skipped record) then we are best served focusing on the calendar of upcoming data&#8230;and what that tells us about the rate cut decision and market outlook. Read on below for the full story&#8230;</p>
<p><strong>Market Commentary</strong></p>
<p>The backdrop is simple. The Fed seems to be successfully guiding the economy towards a soft landing while at the same time easing inflation back towards the 2% target.</p>
<p>As Powell detailed at the last meeting, the Fed can indeed start lowering rates before they arrive at the 2% target because rates would still be restrictive after the first cut. Secondly, there are delayed effects of raised rates and if you waited til you got to precisely 2% you may actually risk doing unnecessary damage to jobs market (which is the other half of their dual mandate of maintaining steady prices and maximum employment).</p>
<p>Right now, virtually no one expects that rate cut to take place at the May 1<sup>st</sup> meeting as the last round of inflation data was a tad too hot. Thus, just one more serving of monthly inflation data in April would not be enough to get these academics to vote confidently in a rate cut.</p>
<p>Instead, the focus is on whether June 12<sup>th</sup> will be the starting line for rate cuts. Presently the CME calculates that as a 65% probability. But again, that is data dependent on the roll call of reports taking place in coming weeks&#8230;and what Powell shares with the market on his May 1<sup>st</sup> press conference.</p>
<p>Here are the key economic reports along with some notes to put them into perspective:</p>
<p><strong>3/28 Core PCE-</strong> This is the Fed’s preferred measure of inflation which has been at 2.0% the past two quarters. Even better is the non-core reading for Q4 of 1.8% which is down considerably from the 2.6% showing in Q3. This data should go a long way towards a June rate cut.</p>
<p><strong>4/5 Government Employment Situation:</strong> What will be even more important than the number of jobs added will be the reading on Wage Inflation. That was too hot last month at +4.3% year over year. Need to keep seeing this sticky form of inflation become unstuck at this high level. The month over month reading will be helpful in appreciating the pace of decline. Anything over 0.2% monthly increase would point to unwanted inflationary pressures from wages.</p>
<p><strong>4/10 Consumer Price Index (CPI):</strong> This has been nicely on the decline over the past year, but last month was a tad higher than expected at 3.8% core inflation with 0.4% monthly increase. This needs to start moving under 3% in coming months to improve odds of a cut on the way.</p>
<p><strong>4/10 FOMC Minutes:</strong> Its hard to imagine more details emerging than the voluminous comments that Powell made at the March 20<sup>th</sup> press conference. Yet you can imagine that investors will pick over every word to find any clue that would point to a likely starting line for rate cuts.</p>
<p><strong>4/11 Producer Price Index (PPI):</strong> The least followed of the 3 main inflation reports, but what many economists appreciate as the leading indicator of where the other reports will trend in time. Note that this is already on target at 2% and portends well for the continued reduction in PCE and CPI towards that desired level.</p>
<p><strong>5/1 Fed Meeting:</strong> 2pm ET is when the press release comes out. And 2:30pm is the even more important press conference with Powell where we get a lot more color commentary. Given the facts in hand investors are right to highly doubt the rate cut is happening at this time. The real key is if they showed improved language that June is in play.</p>
<p><strong>Trading Plan</strong></p>
<p>We are in a bull market. This is a shock to no one.</p>
<p>What is unclear is the pace of forthcoming gains when we are already up 50% in just 1.5 years time. Please remember that closer to 8% annual gains is the expected normal return.</p>
<p>I suspect 5,500 is the top of the S&amp;P 500 (<a target="_blank" href="https://stocknews.com/stock/SPY/" rel="noopener">SPY</a>) this year. Meaning that the catalyst for stocks from a rate hike is pretty much already baked into the cake.</p>
<p>This led me to write my previous article, <a target="_blank" href="https://stocknews.com/news/spy-inx-dia-iwm-qqq-investor-alert-buy-the-rumor-sell-the-news/" rel="noopener">Investor Alert: “Buy the Rumor, Sell the News!”</a></p>
<p>The short version is that I would not be surprised with stocks rallying into the rate cut announcement followed by a well deserved round of profit taking. Unfortunately, right around the corner form that sell off&#8230;is likely another selloff that coincides with the Presidential election pattern.</p>
<p>As stated before, this is not a reason to get bearish or conservative. Best to assume bull market and general upside til proven otherwise. The key is WHAT stocks will see the most gains.</p>
<p>We know that growth stocks generally lead the parade in the early stages of a new bull market. This is especially clear from where gains rolled in back in 2023.</p>
<p>What happens after a growth oriented phase is a return to value. This makes investors work a little harder to find attractive opportunities. This is where the thorough 118 factor review of our POWR Ratings model comes in quite handy.</p>
<p>The model does the heavy lifting by doing this deep dive into the fundamental attractiveness of the firms. The top 5% are A rated which explains why it has produced a +28.56% average annual return going back to 1999 (nearly 4X better than the S&amp;P 500).</p>
<p>That top 5% is the starting point for our stock selection&#8230;then continue to drill down from there to find stocks with the most appealing upside potential.</p>
<p><em>What top stocks are we recommending now? </em></p>
<p>Read on below for the answers&#8230;</p>
<p><strong><em>What To Do Next?</em></strong></p>
<p>Discover my current portfolio of 12 stocks packed to the brim with the outperforming benefits found in our exclusive POWR Ratings model. (Nearly 4X better than the S&amp;P 500 going back to 1999)</p>
<p>This includes 5 under the radar small caps recently added with tremendous upside potential.</p>
<p>Plus I have 1 special ETF that is incredibly well positioned to outpace the market in the weeks and months ahead.</p>
<p>This is all based on my 43 years of investing experience seeing bull markets&#8230;bear markets&#8230;and everything between.</p>
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		<title>Ozempic Could Be Profitably Manufactured Much Cheaper: Study</title>
		<link>https://cbomo.com/ozempic-could-be-profitably-manufactured-much-cheaper-study/</link>
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		<pubDate>Thu, 28 Mar 2024 21:18:06 +0000</pubDate>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[cheaper]]></category>
		<category><![CDATA[Manufactured]]></category>
		<category><![CDATA[News and Trends]]></category>
		<category><![CDATA[Ozempic]]></category>
		<category><![CDATA[Profitably]]></category>
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					<description><![CDATA[[ad_1] Ozempic, the appetite-suppressing injection also known as semaglutide, currently costs $935.77 in the U.S. without insurance. But a new research report from Yale University, King&#8217;s College Hospital in London, and Doctors Without Borders published in JAMA Network Open Wednesday suggests that the price of the prescription drug could be lowered to a fraction of what it is right now, while still generating a profit. The researchers calculated cost-based prices for one month of Ozempic, administered as&#8230;]]></description>
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<p>Ozempic, the appetite-suppressing injection also known as <a target="_blank" href="https://www.ozempic.com/" rel="noopener">semaglutide</a>, currently <a target="_blank" href="https://www.novocare.com/diabetes/products/ozempic/explaining-list-price.html" rel="noopener">costs</a> $935.77 in the U.S. without insurance. But a <a target="_blank" href="https://jamanetwork.com/journals/jamanetworkopen/fullarticle/2816824" rel="noopener">new research report</a> from Yale University, King&#8217;s College Hospital in London, and Doctors Without Borders published in <a target="_blank" href="https://jamanetwork.com/journals/jamanetworkopen" rel="noopener">JAMA Network Open</a> Wednesday suggests that the price of the prescription drug could be lowered to a fraction of what it is right now, while still generating a profit.</p>
<p>The researchers calculated cost-based prices for one month of Ozempic, administered as an injectable of 0.77 mg weekly, by combining commercial trade shipment data from January 1, 2016 to March 31, 2023 with the cost of creating the drug, other operating expenses, a profit margin, and tax. They found that the cost-based prices of Ozempic ranged from $0.89 to $4.73 per month.</p>
<p>&#8220;The findings of this study suggest that insulins, SGLT2Is, and GLP1As can likely be manufactured for prices far below current prices, enabling wider access,&#8221; the researchers wrote.</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1711651217_Ozempic-GettyImages-1807240378.jpg?width=1000" style="height:667px; width:1000px" width="1000" height="667"/><sup><i>A pharmacist holds a box of Novo Nordisk A/S Ozempic brand semaglutide medication. Photographer: George Frey/Bloomberg via Getty Images</i></sup></p>
<p>Ozempic costs less outside of the U.S. — a <a target="_blank" href="https://www.bloomberg.com/news/newsletters/2024-01-30/ozempic-is-cheaper-in-mexico-here-s-why" rel="noopener">Bloomberg</a> report found that a month&#8217;s supply of the injectable costs under $300 in Mexico.</p>
<p>&#8220;Outside the US, countries have different regulatory requirements with regard to the pricing of medicines, including negotiating with respective government entities,&#8221; Ozempic maker Novo Nordisk told Bloomberg.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/fda-warns-against-thousands-of-units-of-fake-ozempic/467479" rel="noopener"><b>FDA Has Seized &#8216;Thousands&#8217; of Fake Units of Ozempic Amid Reported Cases of &#8216;Adverse Reactions&#8217; in Patients</b></a></p>
<p>Drug markups have long come under national scrutiny, with Martin Shkreli, the former head of Turing Pharmaceuticals, forced to pay <a target="_blank" href="https://abcnews.go.com/US/pharma-bro-martin-shkreli-ordered-pay-64-million/story?id=82272398" rel="noopener">$64 million</a> in 2022 after <a target="_blank" href="https://www.npr.org/sections/health-shots/2019/12/31/792617538/a-decade-marked-by-outrage-over-drug-prices" rel="noopener">inflating</a> the price of a life-saving drug by 4,000%.</p>
<p>Ozempic falls under the category of a GLP-1 drug, meaning that it addresses type 2 diabetes by improving blood sugar control and also potentially leading to weight loss, according to the <a target="_blank" href="https://www.mayoclinic.org/diseases-conditions/type-2-diabetes/expert-answers/byetta/faq-20057955" rel="noopener">Mayo Clinic</a>.</p>
<p>Prescriptions of GLP-1 drugs increased by 300% between 2020 and 2022, <a target="_blank" href="https://www.trillianthealth.com/press-releases/trilliant-healths-2023-trends-shaping-the-health-economy-report" rel="noopener">Trilliant Health</a> researchers found. Ozempic first made headlines in 2021 when it was featured on the <i>Dr. Oz Show</i>.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/ozempic-drugmaker-sues-spas-clinics-for-selling-knockoffs/454540" rel="noopener"><b>Novo Nordisk, the Maker of Ozempic, Is Suing Spas and Clinics For Allegedly Selling Knockoffs</b></a></p>
<p>Ozempic and other similar drugs could cause an average weight loss of 15% to 20%, &#8220;significantly higher than previous options,&#8221; as per <a target="_blank" href="https://columbiasurgery.org/news/ozempic-effect-everything-you-need-know-about-medical-weight-loss" rel="noopener">Columbia Surgery</a>.</p>
<p>The same publication warns of the life-long commitment Ozempic requires, as discontinuing the drug could lead to gaining all of the weight back. The drug could also cause nausea, cramps, and other unpleasant side effects.</p>
<p>Despite the high cost and potential downsides, Ozempic <a target="_blank" href="https://www.nytimes.com/2022/11/22/well/ozempic-diabetes-weight-loss.html" rel="noopener">skyrocketed</a> in popularity last year, with 66% of its more than $13 billion sales coming from the US, according to Novo Nordisk&#8217;s 2023 <a target="_blank" href="https://www.novonordisk.com/content/dam/nncorp/global/en/investors/irmaterial/annual_report/2024/novo-nordisk-annual-report-2023.pdf" rel="noopener">annual report</a>.</p>
<p><b>Related: </b><a target="_blank" href="https://www.entrepreneur.com/business-news/ozempic-and-wegovy-maker-worth-more-than-denmarks-gdp/457799" rel="noopener"><b>Novo Nordisk Is Worth More Than Denmark&#8217;s GDP Thanks to America&#8217;s Ozempic and Wegovy Craze</b></a></p>
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