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Apple has run out of iPhone shapes, and Jefferies just cut it to sell

Jefferies cut Apple from hold to underperform on Monday. That is the banks equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortunes Sebastian Herrera reported the call. The banks supply-chain checks produced three reasons. Apple has cancelled a rumoured all-glass iPhone, memory prices are surging, and there is [] This story continues at The Next Web

11 Aug 2026 12:22 am
Nvidia is pulling Wall Street into the AI buildout. Its shares fell on the news

A group of financial firms is working with Nvidia on a $500bn funding package for AI infrastructure. The group covers Apollo Global Management, Blackstone, BlackRocks Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR. The Financial Times reported the talks first. Bloomberg confirmed them with people familiar with the matter. A deal could land [] This story continues at The Next Web

11 Aug 2026 12:08 am
OpenAI paused a model over cyber risk on Friday. On Monday it shipped one trained to refuse less.

OpenAI released GPT-5.6-Cyber on Monday. It is a model built on GPT-5.6 Sol and trained for zero-day discovery and exploit-chain development, and the company says it was also trained to refuse fewer higher-risk dual-use cyber requests. Access runs only through Daybreak, the vetted cybersecurity programme OpenAI is now expanding. Axios Sam Sabin reported it first. [] This story continues at The Next Web

10 Aug 2026 11:44 pm
YouTube just doubled the price of admission to its Partner Program

From 1 February 2027, a channel applying to the YouTube Partner Program will need 1,000 subscribers and 8,000 valid public watch hours over the previous 365 days. The current bar is 4,000 hours over 12 months. The Shorts route doubles as well. Twenty million valid public Shorts views over 90 days, up from 10 million. [] This story continues at The Next Web

10 Aug 2026 11:40 pm
House Democrats want AI CEOs under oath. Only Mike Johnson can make it happen.

The one everybody covered went to Speaker Mike Johnson. CNBCs Megan Cassella reported it first. House Democrats want public hearings on the AI security incidents of the past month, and they want the chief executives of the largest AI companies in the witness chair. Casar chairs the Congressional Progressive Caucus. His letter does not open [] This story continues at The Next Web

10 Aug 2026 10:58 pm
The Ninth Circuit let 2,400 addiction lawsuits proceed without touching Section 230

The Ninth Circuit handed the social media companies a defeat on Monday. It did not hand them a ruling. The San Francisco appeals court rejected their bid to overturn a lower court and shut down some 2,400 federal lawsuits over claims they built their products to addict young users. Reuters Diana Novak Jones reported the [] This story continues at The Next Web

10 Aug 2026 10:37 pm
An AI agent deleted a stranger from a gym waitlist. The API let it

An Australian man named Andrew asked his AI agent to book him into a popular gym class. The agent booked the class. Then it deleted a stranger. The ABCs national AI reporter Cam Wilson and the Specialist Reporting Teams Rhiannon Hobbins broke the story on Monday. They describe what may be the first known autonomous [] This story continues at The Next Web

10 Aug 2026 10:19 pm