Economy
Apple AI expected to star as new iPhones are unveiled
Apple is expected to release its latest line of iPhones on Monday that will feature generative AI capabilities as the tech behemoth looks to bolster sales of its iconic device.
The company founded by Steve Jobs has disclosed little about what it plans to show off during a launch event, titled “Glowtime,” at its headquarters in the Silicon Valley city of Cupertino.
It is the time of year, though, when Apple typically updates its iPhone lineup.
Apple has a lot riding on what would be the iPhone 16 and will hope that customers will be enticed to buy the latest models, attracted by new AI powers.
With $39 billion in sales last quarter, the iPhone counts for roughly 60 percent of Apple’s revenue, and remains the main entryway to the company’s services, such as the App Store or Apple TV, which are becoming a growing part of its business.
Apple is only just coming out of a long sales slump as users increasingly stick with older models longer.
“The iPhone 16 will be one of the most significant iPhone introductions, not because of what’s on the outside but because of what’s inside — namely, Apple Intelligence,” said Forrester principal analyst Dipanjan Chatterjee.
“Apple Intelligence” is a new suite of software features for all devices that was announced in June at the company’s annual developers conference, where it also announced a partnership with ChatGPT-maker OpenAI.
In the short-term, these include AI-infused image editing, translation, and small, creative touches in messaging, but not more ambitious breakthroughs promised by other AI players, such as OpenAI or Google.
– ‘Super-powered Siri’ –
Apple also said its digital assistant Siri will get an AI upgrade and now will appear as a pulsating light on the edge of a home screen.
“Siri will be a big part of the conversation,” Creative Strategies analyst Carolina Milanesi said of Monday’s event.
Launched more than 12 years ago, Siri has come to be seen as a dated feature, overtaken by a new generation of assistants such as GPT-4o, OpenAI’s latest offering.
Apple watchers predict Apple will introduce iPhone 16 models with custom chips that can power these AI features, including the Siri upgrade.
By adding AI capabilities, Apple is looking to “shake that expectation” that iPhone launches are “just steady improvements in hardware and software,” said Techsponential analyst Avi Greengart.
Longer term, Apple could dramatically change the iPhone experience with a “super-powered Siri” working across all the apps, Greengart said.
– Pixel power –
Apple’s announcement closely follows Google, which last month unveiled AI-infused Pixel 9 smartphones, its challenge to the iPhone.
Pixels account for a tiny sliver of the global smartphone market dominated by Samsung and Apple, but Google argued its new line is a chance to answer what — after all the hype — AI can actually do for customers.
“There have been so many promises, so many ‘coming soons,’ and not enough real world helpfulness when it comes to AI – which is why today we’re getting real,” Google senior vice president of devices Rick Osterloh said at the company’s campus in Mountain View, California.
Samsung has also showcased AI across a range of its consumer electronic products as it looks to extend its leadership in global smartphone sales.
Economy
Remittances Top $2bn in First 28 Days of September
Expatriate Bangladeshis sent approximately US$ 2.11 billion in remittances during the first 28 days of September in the fiscal year 2024-25, according to data released by Bangladesh Bank on 29 September.
Of this total, state-owned and specialised banks handled $679.10 million, while private banks received $1.43 billion in remittances.
Economy
Yunus Pledges Swift Reforms and Election in Bangladesh’s Interim Govt
Chief Adviser to Bangladesh’s interim government, Professor Muhammad Yunus, has vowed to expedite reforms and hold elections swiftly. Yunus, who recently assumed the role after the collapse of Prime Minister Sheikh Hasina’s 15-year administration, expressed his commitment during an interview with Tokyo-based news outlet NHK WORLD in New York on Sunday. He was attending the United Nations General Assembly at the time.
Following mass student-led protests that ended Hasina’s long-standing rule in August, Yunus stepped in as the leader of the caretaker government. Known for founding Grameen Bank, an institution providing microloans to the underprivileged, Yunus, along with the bank, earned the Nobel Peace Prize in 2006 for his efforts in poverty alleviation.
During the interview, Yunus emphasized that the interim government’s primary mission is to implement reforms promptly and ensure elections are held as soon as the groundwork is complete. He underscored the importance of success, stating, “Failure is not something that we can accept.”
Addressing the pivotal role of students in the ousting of the Hasina administration, Yunus acknowledged the sacrifices made by young people, referring to their involvement as part of a “revolution.” He highlighted his intention to engage the younger generation in shaping policy.
Furthermore, Yunus called for continued support from Japan, Bangladesh’s largest donor, during this crucial transition period. He stressed that Japan’s assistance is vital to stabilizing Bangladesh’s economy and fostering a democratic foundation in the nation.
Economy
Polythene Bags to Be Phased Out, Says Environment Adviser Rizwana Hasan
Syeda Rizwana Hasan, the Adviser for Environment, Forests, and Climate Change, announced today that steps will be taken to restrict the use of polythene shopping bags to safeguard future generations.
Starting from October 1, polythene bags will be banned in shopping malls, followed by a ban in kitchen markets from November 1.
“Everyone must take responsibility and stop using polythene voluntarily. Action against polythene producers will begin from November 1,” Rizwana Hasan stated during a seminar.
The Department of Environment (DoE) organized the seminar to raise public awareness about alternatives to banned polythene bags.
Rizwana Hasan highlighted that the restriction on polythene will be executed in phases according to legal provisions, and discussions with shopping centers and store owners are ongoing to ensure a smooth transition.
She also announced plans to make the government secretariat a plastic-free zone by December.
Other speakers at the seminar included Environment Secretary Dr. Farhina Ahmed, DoE Director General Dr. Abdul Hamid, Director Rajinara Begum, President of the Shop Owners Association Muhammad Helal Uddin, and Md. Arifur Rahman Bhuiyan, Assistant Professor of Environmental Science at BUP. They discussed the harmful effects of polythene and the need for alternative products.
Earlier, Rizwana Hasan inaugurated a fair showcasing eco-friendly alternatives to polythene bags and visited 24 stalls. The fair featured products from government and private entrepreneurs, including reusable bags, jute bags, paper bags, and items made from bamboo and cane.