Business
Apple has unveiled the Vision Pro, a headset for virtual and augmented reality, at its developers conference in Cupertino, California. The new gadget, which is controlled by hand gestures, voice commands, and eye movements, is pitched as a leap forward in “spatial computing”. When it hits the market next year it will cost $3,499. Pricey, too, are shares in the technology giant, which hit an all-time high on the day of the announcement, nudging the firm’s market capitalisation close to $3trn.
A merger announced between PGA Tour, DP World Tour, and LIV Golf marked the end of a bitter schism in golf. LIV was launched last year by Saudi Arabia’s sovereign-wealth fund, luring star players away from the sport’s traditional tournaments with big cheques. The deal will end legal disputes between the groups and give the Gulf state another controversial foothold in global sport.
Chinese exports slumped by more than expected in May, fuelling fears that the country’s economic recovery is losing steam. In the face of weak global demand, exports fell by 7.5% year-on-year. Exports to America were particularly hard hit during the period, declining by 18.2%.
2023-06-08 08:48:58
Post from www.economist.com