Tech Weekly: iPhone Slimming, Smart Glasses Competition, and AI Market Shifts

Apple's Latest iPhone Launch

• 📱 Apple has launched its latest iPhone, with CEO Tim Cook claiming it's the biggest leap ever for the device.
• 💡 The new iPhone is noted as being its slimmest smartphone ever, though critics pointed out a lack of significant AI updates.

Oracle's AI Momentum

• 🚀 Oracle's shares surged over 35% in a single day following a blockbuster forecast for its new AI-related sales.
• 🤝 The company reportedly has a cloud computing deal with OpenAI valued at $300 billion, a historic agreement.

Smart Glasses Market Evolution

• 👓 Amazon is reportedly developing a new product to compete with Meta's augmented reality glasses.
• ⚙️ The rumored Amazon device is expected to include microphones, speakers, a camera, and a full-color display in one eye, with a potential launch in late 2026 or early 2027.

Global Tech Regulations and Market Valuations

• ⚖️ Australia has mandated that social media platforms use minimally invasive methods to verify user ages, in line with its new ban on social media for under-16s.
• 📈 Alphabet, the parent company of Google, has joined the $3 trillion valuation club, alongside Apple, Microsoft, and Nvidia.
• 🤖 Alphabet's stock performance has been boosted by AI enthusiasm and a recent court ruling allowing it to retain its Chrome browser and Android operating system.