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Apple Intelligence Fails To Ignite "Upgrade Activity," UBS Says

Apple Intelligence Fails To Ignite "Upgrade Activity," UBS Says Apple Intelligence is not yet moving the needle or exciting the customer base the way Wall Street had expected when analysts pitched AI as the spark for a new iPhone upgrade supercycle. That narrative continues to sputter. UBS analysts, citing their latest Evidence Lab survey of more than 7,500 smartphone users across five major markets, found that Apple's AI features are "not driving upgrade activity," with the share of respondents saying they would upgrade sooner for Apple Intelligence falling to about...
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Apr 11, 2026 / Tyler Durden
Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027
Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027 Authored by Sylvia Xu via The Epoch Times, Texas is expected to pay $708 million more by 2027 to the federal government in penalties for erroneous distributions from the Supplemental Nutrition Assistance Program (SNAP). The state officials released the cost in a presentation to the Senate Committee on Health and Human Services on April 8. The state payment error rate was estimated to be nearly 9 percent in fiscal year 2025, totaling $627 million in erroneous payments. Under the One Big...
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Apr 9, 2026 / Tyler Durden
White House Says Cuban Regime Is "Bound To Fall"
White House Says Cuban Regime Is "Bound To Fall" Authored by Travis Gillmore via The Epoch Times, White House press secretary Karoline Leavitt addressed the situation in Cuba, where the population of nearly 10 million are impacted by rolling blackouts and instability, during a press briefing April 8. She further clarified President Donald Trump’s recent statement that “Cuba is next,” after the U.S. military successfully detained former Venezuelan President Nicolás Maduro and his wife Cilia Flores Maduro before striking Iran in coordination with Israel. “I think when President Trump said that and he...
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Jun 24, 2026 /
Trump: Iran Agreed Not to Charge Any Fees in Strait of Hormuz
President Donald Trump said that Iran had agreed it would not charge any fees for ships transiting the Strait. During the war, Iran seized control of the waterway and required vessels to pay maintenance fees.  “Iran has informed the U.S. that, despite troublemaking Fake News reporting to the contrary, there are ‘NO TOLLS, NO INSURANCE […]
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