TNB Tech Minute: Apple Unveils New Leasing Program With Klarna
Summary
Imani Moise reports on Apple’s new leasing program with Klarna, which replaces its existing upgrade plans ahead of earnings. Visa is cutting 2,600 jobs to streamline operations using AI, joining peers like Meta and Cisco in similar reductions. Meanwhile, Asian stocks, particularly South Korea’s KOSPI, fell sharply due to margin calls on leveraged ETFs tied to AI boom spending.
Topics discussed
IBM ad: AI integration in business processes
TNB Tech Minute intro and host introduction
Apple launches new device leasing program
Visa cuts 2,600 jobs amid AI efficiency drive
Asian stocks fall due to AI spending concerns
Sign-off and return announcement
IBM ad: AI results in HR support
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