Apple

Health insurers use AI to deny claims, prompting tools like FightHealthInsurance.com and Claimable to use AI for appeals. UnitedHealthcare faces criticism for high denial rates and lawsuits over AI-driven denials. Entrepreneurs aim to balance the field, advocating for patient rights and regulatory changes.

Amazon announces a new AI research and development center focused on foundational AI capabilities, including the Amazon Nova series and Trainium chips. The lab aims to foster high-risk, high-payoff research and seeks diverse talent for bold innovation, with potential applications in healthcare and beyond.

FDA approves Rezdiffra, the first drug for fatty liver disease, offering hope for patients.

Amazon Prime Video now offers Apple TV+ as an add-on for £8.99/month, with a seven-day free trial. Prime members can access Apple TV+ without additional apps, enjoying titles like Slow Horses and Ted Lasso. The service has 524 wins and 2,374 award nominations, including Emmy-winning Ted Lasso and Oscar Best Picture winner CODA.

Top firms like Optiver, Da Vinci, APT Portfolio, Quantbox Research, Rubrik, Glean, and Databricks are offering IIT students Rs 1 crore-plus packages for 2024-25 placements. Optiver and Da Vinci have offered over Rs 2.2 crore, while Jane Street, which offered Rs 3.7 crore in 2022-23, has hired interns from three IITs. Domestic roles from companies like Microsoft, Apple, and Google also offer Rs 50 lakh-1 crore. Quantbox Research plans to hire 10-15 students and offers Rs 1.2 crore CTC in the first year. Rubrik offers Rs 1.48 crore for a software developer role, and APT Portfolio offers Rs 1.6-2 crore. Databricks pays about Rs 1 crore. IIT-Bhu has seen a PPO of Rs 1.65 crore, with companies raising CGPA requirements to 8 or more.

Amazon, Microsoft, Nvidia, Apple, Tesla, and Berkshire Hathaway are trillion-dollar market cap companies. JPMorgan Chase, Walmart, and Eli Lilly are contenders for joining this elite club, with strong financials and growth prospects.

Apple's new ad, featuring a father with hearing loss experiencing his daughter's milestones, signals a shift from corporate nihilism to wholesomeness. The ad contrasts with Jaguar's androgynous, neon-themed ad, highlighting Apple's focus on family and emotion over woke themes.

Wall Street's main indexes rose slightly on Black Friday, with retail stocks gaining as holiday shopping began. Adobe Analytics projected a record $10.8 billion in online Black Friday spending, up 9.9% from last year. Major retailers like Target, Hasbro, and Costco saw stock increases. The Dow, S&P 500, and Nasdaq were all up, with tech stocks boosting the S&P 500. The Russell 2000 index rose 0.7%, and crypto stocks gained as bitcoin climbed 2.5%.