Apple Upgrade lets US buyers lease an iPhone from $17.99/mo through Klarna, and ends the 2015 iPhone Upgrade Program. It changes how the price feels, not the price.
Options imply a ~$190bn post-earnings swing for Microsoft, an unusually large move, as investors demand proof its heavy AI spending is paying off.
Visa is cutting 7% of staff, mostly in tech and product, and reinvesting in stablecoins and cross-border payments. Its memo names AI as an accelerant.
The UK’s CMA is investigating whether Microsoft misled 365 customers when it raised prices and bundled in Copilot, obscuring a cheaper Classic plan.
Richard Socher's Recursive put about two-thirds of its $650m raise into one multi-year AWS compute deal, and calls it the smallest it will sign.
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