Latest news with #CarnivalCruise
Time of India
a day ago
- Business
- Time of India
Foldable iPhone in 2026? Apple's game-changer may launch at $1,800 with limited stock
It appears that Apple is finally prepared to produce a foldable phone, which is expected to be a significant event. A new report says that the tech giant might come out with its first foldable iPhone in 2026 . Can Apple revive interest in foldables? With this move, Apple enters a market that is still specialized but has the potential to change as the most powerful smartphone brand in the world enters the market. The device could spark renewed interest in foldables, with supply chain partners, including Samsung and Foxconn, poised to benefit from the anticipated high-end launch. With the supply chain reportedly nearing completion of the specifications for a book-style "iPhone Fold," which is expected to be released in the second half of 2026, Apple is poised to introduce its first foldable iPhone, as per a report by Fortune. In an analyst note titled "Unfolding the Implications of an iPhone Fold Launch," UBS conducted a landscape survey. ALSO READ: Don't board a Carnival Cruise without knowing these top game-changing rule updates Live Events Even though premium materials raise the cost of the casing and hinge, UBS' teardown analysis of Samsung's Z Fold SE (BOM cost: $790) indicates that Apple's iPhone Fold could achieve a BOM cost of $759, or roughly 4% lower, thanks to cost savings on memory, application processors, and camera modules, as per a report by Fortune. It is anticipated that Apple's anticipated 2026 entry will hasten innovation and widespread adoption even more. How much will the foldable iPhone cost and when is it coming? According to UBS, Apple's first foldable phone could cost as little as $1,800 when it launches in 2026. Estimates for the first wave of production range from 10 million to 15 million units, indicating a limited initial production. The technical intricacy of foldable devices and their high cost, which analysts view as a significant barrier to widespread adoption, are both reflected in this cautious approach. According to early reports, the iPhone Fold may cost between $2,000 and $2,400, making it Apple's priciest phone to date and establishing it as a high-end, aspirational device. With contribution margins of 53% to 58%, Apple may be able to price the device at the lower end of the projected range ($1,800–$2,000), according to UBS. Which companies benefit from Apple's foldable phone launch? The introduction of the iPhone Fold by Apple is anticipated to increase market share by impacting important supply chain suppliers such as Amphenol, Hirose, TDK, Avary, and SDI. The visibility of a new product ramp could improve sentiment and share prices for these companies, which are currently trading below historical valuation averages. ALSO READ: Is this the end of salesman? Microsoft layoffs signal death of old-school sales - AI set to help tech-savvy pros Samsung Display, which can manufacture up to 15 million 7-inch foldable OLED panels a year, is anticipated to be the main supplier. As Apple expands its sources, LG Display might also be involved. The device will benefit suppliers such as Foxconn, Amphenol, and Lens Technology because it will have a liquid metal hinge and a titanium casing. The first assembly will be done by Hon Hai, with Luxshare serving as a backup partner. Over the medium to long term, it is anticipated that Apple's foray into the foldable smartphone market will hasten the adoption of foldable devices in notebooks, tablets, and smartphones. ALSO READ: iPhone 17 launch date leaked? Here's when Apple might drop its hottest device yet By utilizing a well-established supply chain and advanced technology, the company's late-mover advantage may help control expenses and produce a more polished product, which could lead to market expansion beyond its current niche. Nevertheless, the global market for foldable smartphones has begun to show signs of exhaustion, as growth has slowed and a decline is anticipated in 2025. Rekindling interest and promoting wider adoption may be made possible by Apple's ecosystem integration and strong brand. FAQs When is Apple expected to release the foldable iPhone? Apple plans to release its first foldable iPhone in the second half of 2026, with limited production initially. What is the iPhone Fold's estimated price? Analysts believe it will cost between $1,800 and $2,000, making it Apple's most premium phone to date. Economic Times WhatsApp channel )
Time of India
a day ago
- Business
- Time of India
End of six-figure coding jobs? Meet Devin: Goldman's new AI engineer that works like a human, but for no salary
Meet Goldman Sachs ' newest engineer, one who doesn't need coffee breaks, paychecks, or stock options. Devin, an AI-powered software developer , is a sign of the Goldman Sachs' brave step into the future of tech work. with AI tools advancing fast, white-collar jobs may never look the same again. Goldman Sachs' AI software engineer can apparently code with the same accuracy as a person. The move aims to eliminate the need to hire a $180,000 software engineer. How will Devin impact Goldman's workforce strategy? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Most Expensive Cars In The World According to Goldman's chief information officer Marco Argenti, the tool's ability to perform end-to-end coding tasks is expected to increase worker productivity by up to three or four times the rate of earlier AI tools. 'Devin will be like our new employee who will begin doing things on behalf of our developers, so we're going to start augmenting our workforce with him," Argenti recently told CNBC. Live Events The company plans to increase worker productivity by more than four times using AI tools and possibly unleash thousands of them. Although the company's tech leader envisions a " hybrid workforce " that combines AI and humans, executives like Jim Farley, the CEO of Ford, caution about a decline in white-collar jobs, as per a report by Fortune. ALSO READ: Is this the end of salesman? Microsoft layoffs signal death of old-school sales - AI set to help tech-savvy pros Devin is an AI-powered autonomous software engineer who was recently hired by the Wall Street investment bank. Devin was developed by the AI startup Cognition. Goldman Sachs intends to hire hundreds of Devins, possibly even thousands in the future, Argenti said, to join the company's current workforce of almost 12,000 software engineers. What does a 'hybrid workforce' actually look like? Marco Argenti expressed his hope that this action will contribute to the emergence of a "hybrid workforce," where AI and humans coexist. According to Argenti, "it's really about people and AIs working side by side." "Engineers will need to be able to effectively explain issues in a comprehensible manner, translate them into prompts, and then be able to oversee the work of those agents," as per a reprot by Fortune. Are entry-level jobs really at risk from AI? With dozens of open positions worldwide, Goldman is still hiring software engineers in spite of the push to launch Devin. Some associate positions in New York start at about $115,000 per year, and some even go as high as $180,000. However, company executives have cautioned that these early career roles are the ones that AI may replace the earliest. ALSO READ: Don't board a Carnival Cruise without knowing these top game-changing rule updates Dario Amodei, the CEO of Anthropic, for instance, projected that within five years, AI would replace half of all entry-level white-collar jobs. Jim Farley, the CEO of Ford, went one step further and issued a warning: outside of those in their early careers, all white-collar jobs could vanish in the United States. What does the job market look like 5 years down the line? Within the next three to five years, Wall Street may see 200,000 fewer employees as a result of this AI-driven workforce transformation, according to Bloomberg. The best candidates for a prosperous future, particularly young talent confronting dwindling entry-level positions, will be those who embrace AI. Those who have learned to use AI tools to improve their work will advance as the shift to AI occurs in years rather than decades. Professionals who are not adept at using AI tools will lag behind, while those who are will progress. FAQs What purpose does Devin serve for Goldman Sachs? Devin, an AI engineer , is assisting with end-to-end coding tasks, increasing developer productivity by three to four times. Will Devin replace human coders at Goldman Sachs? Not entirely, but it may reduce the demand for entry-level positions. Goldman still intends to hire engineers, but it is preparing for a hybrid human-AI workforce.
CNET
6 days ago
- Entertainment
- CNET
This Fact About Netflix's Poop Cruise Still Haunts Me
It's not often a popular film on a streaming platform is heavily peppered with the phrase "it was raining sewage," but that's one of the joys-slash-horrors of Netflix's Trainwreck: Poop Cruise documentary. The movie is part of the platform's Trainwreck franchise, which focuses on real-life media sensations, news stories and controversial public figures, and for two weeks running, the flick has been in Netflix's Top 10, debuting at No. 2 (yes, No. 2) in its first week before sliding down to No. 6 where it still hovers, just a little ways from the throne. Poop Cruise chronicles an ill-fated 2013 journey of the Carnival Triumph cruise ship, which, on a four-day pleasure cruise between Texas and Mexico, endured an engine fire that cut all power to the ship. Because the ship's toilets ran on electricity and therefore couldn't flush, its 4,000 passengers were initially instructed to pee down the drain of their showers on-board (and given biohazard bags to poop in). As even the crew who are interviewed will admit, the plan was flawed and, yes, absolutely gross. But these were desperate times. Everyone assumed the stalled ship would be at sea for only one or two days under these conditions, but the rescue was delayed, and passengers were trapped aboard for four excruciating days. Shower drains started to overflow with urine. Travelers stopped using the red biohazard bags. And with no air conditioning on board, passengers were forced to sleep on the decks to avoid the heat and stench below deck. Netflix And the "it was raining feces" part? That would come when tugboats finally arrived to tow the ship to port. After they attached themselves to the ship, the force of their pull caused the ship to list so much from side to side that all the waste that had accumulated in the ship's drains started to pour down the walls, through the hallways, down elevator shafts and over every carpet. "You know what you're standing in," one passenger explained. "We were in excrement." Floors, walls and ceilings, all covered in raw sewage, and there was nowhere for the passengers to go. There have been other documentaries about cruise ships that've turned me off of cruising forever: The 2021 HBO film The Last Cruise, about a COVID outbreak on a cruise ship, was certainly one of them. But Poop Cruise was on another level for me. The footage depicting just how pervasive the damage to the ship was, just how much of it was coated in a veneer of human waste, was beyond what even the news had depicted. Passenger and crew footage shows ankle-deep rivers of waste cascading down stairwells. One can only imagine how these passengers, unable to shower or clean themselves, felt after wading through it. I realize that a cruise ship is a vessel that costs hundreds of millions of dollars, and you can't just, you know, sink one willy-nilly offshore somewhere. Still, I waited patiently for an epilogue stating that the Carnival Triumph had been decommissioned and never sailed again, not after that. I've stepped in dog poop, I know how hard it is to get that smell out of something. Considering that a fire in the engine room did destroy a lot of the ship's necessary mechanics, that coupled with the turd wallpaper seemed as good a reason as any to, you know, light the whole thing on fire and give it a proper burial at sea. But no. The epilogue says, "Carnival spent $115 million cleaning, repairing and refitting the Triumph. Today she still sails, under her new name, Carnival Sunrise." Listen, I'm sure there are health and safety measures that need to be met for the Sunrise to set sail, but just knowing what it went through, seeing what I've seen in this film, I'm haunted by the fact that she got a new name and we're just expected to move on. Is it too much to ask that your vacation accommodations come without a history of biological contamination? We can laugh at Poop Cruise now, because even gross tragedy plus time equals comedy. But there is no amount of disinfectant in the world that would be enough for me to step foot on the Sunrise. Not after the horrors shown in this documentary.
Yahoo
7 days ago
- Entertainment
- Yahoo
Carnival Cruise's new rules spark backlash: Black travelers ask if they're being targeted—company says no
The Carnival Cruise line addresses backlash amid new rules enforcement that some critics complain are targeting Black customers. Is Carnival Cruise, once synonymous with the word 'party,' toning it down? Recent cruisers seem to think so. The cruise liner is addressing the backlash it's receiving after announcing a new set of rules and regulations that many have accused of being anti-fun at best and anti-Black at worst. Among the notorious cruise line's new 'Have fun. Be Safe.' guidelines are bans on specifically non-electric handheld fans on dance floors, along with drinks, children under 18 in public areas after 1 a.m. unless accompanied by an adult or at a designated teen event, Bluetooth speakers, loud music, cannabis, smoking, and more. Meanwhile, recent cruisers with the cruise line have begun to complain on social media about what they claim is an unofficial ban on rap and hip-hop music. While it's true that a wide swath of the rules have always been firmly in place, the reaffirming of them at a time when more and more Black line dances requiring the 'clack, clack, clack' of a handheld fan take over dancefloors is interesting timing to say the least. In a statement to the Daily Dot, a Carnival spokesperson denied that the brand has any explicit bans on genres of music. 'Our DJs play a wide variety of music, including hip-hop,' they said. While speaking to Parade, Matt Lupoli, Senior Manager of Public Relations at Carnival Cruise Line, said, 'Unfortunately, certain media outlets have blown this matter out of proportion.' Carnival Cruise Line has developed a reputation not just as a party ship or budget-friendly cruise line but as a cruise line where unsavory shenanigans, including theft and fights, can sometimes go down. Black patrons aren't standing idle as the new rule enforcement gets underway. Many online have been calling out the brand and even going as far as canceling their upcoming trips with the cruise line. 'When people book Carnival, they know what they're booking,' said TikTok user @Kiarajaxn, who said she recently canceled a cruise she and her friends had planned a 30th birthday celebration. 'They know they are booking a 'turn up' cruise. Period. Everybody on there is looking to have a good time, party, and have fun.' More must-reads: DNC's Malcolm Kenyatta kicked off NewsNation by host who pushed him on Mamdani question Ms. Lauryn Hill and Essence set the record straight about her performance at Essence Fest 2025 Angel Reese debuts signature Reebok shoe on the cover of NBA 2K26 WNBA Edition
Times
08-07-2025
- Entertainment
- Times
Should I buy shares in Carnival right now?
Cruising has been one of the post-pandemic success stories. As the vessels have become larger, customers in growing numbers have clambered on board what is increasingly seen as a good-value holiday, with more glamour than most hotels can offer and virtually guaranteed sun. The all-you-can-eat deals on high seas, with ships big enough to provide the range of attractions of a small town, have proved a potent recipe. Even the occasional maritime mishaps do not seem to dent demand. Netflix has recently aired a documentary about 2013's so-called Poop Cruise, when raw sewage backed up into passenger areas of the Carnival Triumph in the Gulf of Mexico. More than 4,200 passengers and crew endured days without plumbing, air conditioning or hygienic food. Carnival invested more than $500 million to correct the flaw across its fleet. 'It was a teachable moment for the entire cruise industry,' the company said. These and other incidents have been shrugged off as rare enough for most people to believe that nothing similar will happen to them. That is a level of faith that other consumer-facing companies would kill for. Carnival is the world's biggest cruise company, sailing under the Cunard, P&O Cruises, Princess Cruises and several other flags. But that is no longer the whole story. In a few weeks it will unveil what the company has hailed as a new chapter: Celebration Key, in effect a huge Bahamian island theme park with something for the whole family. Apart from the usual beaches and water slides, Calypso Lagoon has an adults-only zone with a DJ Island where guests can dance and refresh themselves at the world's largest swim-up bar. Should the project succeed, there are plenty of other sun-drenched islands where Carnival and its competitors can repeat the exercise. And there is far less likelihood of the anti-tourist protests we have seen from inhabitants of established destinations such as Venice and Barcelona. This opens a whole new source of revenue that could eventually match or even transcend the ship business. To many it will combine the best of both worlds: a cruise and a land-based holiday. Celebration Key will also help to deal with the latest campaign by President Trump. He wants to stop shipping lines' longstanding practice of avoiding tax by registering ships under so-called flags of convenience such as those of Liberia, Panama or Bermuda. The threat has caused intense lobbying in Washington and Trump may decide, like many politicians before him, that it is too difficult to implement. But that might not stop him dreaming up other ways of taxing Carnival and its rivals. So generating revenue from selling holidays on tax-friendly islands could prove to be a valuable weapon. No doubt each island project will be registered under a separate company. In the quiet six months to the end of May, Carnival's total revenues rose $250 million to $4.6 billion, driven mainly by ticket sales, which were more than $200 million higher at $3.44 billion. So-called 'on board and related' turnover, such as drinks and merchandise, was only $30 million up, reaching $1.16 billion. Costs, helped by lower food and fuel spending, were nearly $100 million lower at $4 billion, taking operating profit up from $232 million to $562 million. Most of that was swallowed by interest and other non-operating income, leaving pre-tax profit at $162 million, a $46 million improvement. Foreign customers will be attracted by the US dollar's 10.8 per cent devaluation in the first half of 2025 against a basket of currencies including the pound. Peel Hunt's analysts say: 'Carnival is in a sweet spot of high demand and limited supply growth, which should support continued yield growth. As attention turns to FY26, we expect further share price outperformance.' They forecast $1.87 earnings per share for the year to this November, which translates into a not-too-demanding 14.5 price-earnings ratio. Dividends are off the menu for the foreseeable future. Although Covid took a toll, what really knocked the Carnival share price was the Russian invasion of Ukraine, which took it below 600p. In June last year, this column recommended buying the shares at £11.30 and they are now £19.86 after breaking £20 in January. That does not look to be the end of the story. Advice BuyWhy The shares have the momentum to continue steaming ahead.
