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Welcome to the TechBee Ride Home for Tuesday, September 1st, 2026, I'm Brian McCullough today.
Tim Cook sent Apple staff a farewell memo on his last day as CEO.
The FTC sued Amazon over $20 billion in alleged hidden ad surcharges.
Somebody I've never heard of but GoPro for just $285 million.
Waymo is coming to three new cities and can I interest you in an AI toothbrush.
Here's what you missed today in the world of tech.
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Yesterday was Tim Cook's last day as CEO of Apple.
And he sent a memo to Apple employees reflecting on his time with the company and saying he takes
quote, the enormous comfort in handing the helm to new CEO John Ternis quoting 9 to 5
Mac.
Here is quoting Cook's memo.
There is something truly special about Apple.
I am most proud of what an annual report could never capture.
This place is proof that culture triumphs over everything.
We share a belief that what we build matters and that we have both the opportunity and the
responsibility to leave the world better than we found it.
That purpose is part of what makes this place extraordinary.
Apple helps nurture it, but I believe it lived within each of you long before you arrived
here.
It is what brought you to this company and what continues to drive the work you do every
day.
Together we have created something far greater than any one of us could have imagined or
accomplished alone.
And that's the secret to our success.
We bring out the best in each other.
We lift each other up.
We have made it possible to leave our dent in the universe as Steve once described it
because of who we are and what we believe because of what we value and how we see the
world, how fortunate we are, how fortunate I am.
As you know, I am not leaving Apple, but I am stepping away from a role that I have loved
deeply.
I will miss this work in ways.
I can only begin to imagine even as I remain completely at peace with my decision.
I will miss leading you and being with you every step, even as I take enormous comfort
in handing the helm to someone as brilliant and wonderful and capable as John.
Few people understand what it takes to build products that change the world the way John
does, and I could not be more excited for his leadership.
I hope you know how much I appreciate you and what an honor it has been to be your CEO.
First of all, I hope you will continue to be proud to be a part of this remarkable
place we call Apple and always give it your very best.
When we bring our whole selves to this work with care for one another and for the people
we serve, there is no limit to the profound difference we can make.
And quoting the times, John Tarenus became Apple's Chief Executive on Tuesday succeeding
Tim Cook, the company's leader for the last 15 years.
The long anticipated handoff Mr. Cook has said will be, quote, perfectly smooth.
But the changing of the guard could still have some bumps.
Mr. Tarenus will have to guide Apple through an unusual amount of leadership churn.
He will have to stem an exodus of talent to companies like OpenAI, and he will have to
distinguish himself from Mr. Cook who will remain at Apple as its executive chair.
Most of all, Mr. Tarenus will have to perform a balancing act, displaying the financial
predictability and discipline that have been a hallmark of the Cook era while showing
that Apple can still create new products that capture the imagination of consumers.
Mr. Tarenus will have to do so while steering Apple through arguably the biggest technology
shift in a generation.
At its annual hardware event this month, Apple is expected to introduce a foldable iPhone,
its most significant change in 19 years, do its most important product.
The company is also taking another stab at weaving artificial intelligence throughout
its products.
Apple is going to have to face this idea of what's next, said Michael Gartenberg, a consumer
technology analyst who worked as a product marketer at Apple from 2013 to 2016.
The task for Mr. Tarenus he added is to quote, bring Apple back to being a cool brand
even though it's a multi-trillion dollar company, show that you are able to innovate.
Apple, which has waffled over how aggressively to embrace AI, will tackle those questions
with a changing management team over the past four months, Mr. Tarenus 51 has started
to install his own executives mixing a roster of Apple veterans with newcomers.
Apple is a company that's used to having a consistent brain trust, said Jennifer Chattman,
the Dean of the Huss School of Business at the University of California, Berkeley, and
a director for its Center for Workplace, Culture and Innovation.
The challenge there is, are you getting enough new ideas in end quote?
Just sort of worth mentioning, since Tim Cook became CEO, Apple's market cap grew from
less than $350 billion in 2011 to $4.6 trillion.
Revenue went from $157 billion in fiscal year 2012 to $477 billion in fiscal year 2026,
and shares rose 2,258%.
Not bad, Bob.
The U.S. Federal Trade Commission and 22 state attorneys general are suing Amazon, alleging
it overcharged advertisers by more than $20 billion since 2019 via hidden surchargers
with costs largely passed on to consumers.
Quoting CNBC.
The lawsuit which was joined by 22 state attorneys general argues that Amazon may have
reaped more than $20 billion from advertisers by using hidden surchargers dating back to
a change to its auction rules that took effect in 2019.
Amazon has millions of advertising customers who were misled in the paying significantly
higher prices.
FTC chairman Andrew Ferguson said in a statement, these higher costs were largely passed
on to American consumers.
In a blog post, Amazon called the FTC's lawsuit misguided and said the complaint fundamentally
misunderstands how advertisers operate.
The company added that the agency's lawsuit doesn't include evidence of consumer price
increases.
We've provided advertisers with guidance about our auctions and pricing in the main tools
they use to manage their campaigns, and we continue to update that guidance.
The company said we look forward to making our case in court.
The company said its auction systems have saved advertisers $8 billion between 2021 and
2025, not cost them extra.
The complaint which was filed in US District Court for the Western District of Washington
Centers on Amazon's sponsored products ads.
Brand ads and display ads that run alongside search results on its sprawling web store.
Amazon has amassed the third largest digital advertising business globally, trailing only
Google and Meta.
The company hold in more than $68 billion in ads revenue last year with the lion's share
coming from sales of sponsored product ads.
Third party sellers who hock their wares on Amazon's marketplace have recently criticized
surging advertising costs on the site, including a string of recent policy changes which led
to some top merchants withholding their ad spend in a boycott.
The company has traditionally used a second price auction system wherein it told advertisers
they, quote, only pay the least bit amount needed in order to win the complaint states citing
Amazon's own marketing materials.
The FTC alleges in its complaint that Amazon in 2019 changed its auction rules without
notice by adding an undisclosed search charge it referred to as a soft reserve price which
led to higher ad prices.
Amazon made this seraptitious change to its auction because it was unhappy about how much
revenue its advertising auctions were generating the agency said in its complaint which sites
internal communications between Amazon ad executives.
In one exchange, a company executive allegedly acknowledged it uses and, quote, invented auction
participant to increase prices the FTC said the FTC and the states alleged Amazon's practices
violate federal and state consumer protection laws and their seeking civil penalties restitution
and other unspecified damages.
Being called Starman Optical has agreed to acquire GoPro in an all cash deal valued at
$285 million.
A premium of 29.5% to GoPro's last close on the stock market but this is a big come down.
GoPro hit a market cap of $4 billion in 2014.
Quoting tech wrench.
A company called Starman Optical has agreed to merge with GoPro.
The deal involves Starman Optical paying GoPro shareholders $1.14 per share and leaving
those shareholders with about 10% of the newly combined company.
The deal expected to close by the end of this year will wipe away GoPro's outstanding
debt of $92 million.
The merger announced Tuesday morning comes a few months after GoPro revealed it was considering
pivoting from building cameras to becoming a defense tech company.
A day or so ago, YouTuber Marki Plyer revealed he had a mast and 8.5% stake in GoPro.
That appears to still be on the cards as the company said the merger will maximize the
value of GoPro's IP and growth potential in consumer commercial and defense markets
by recapitalizing the company's strengthening its balance sheet investing in growth and
ensuring the manufacturing of products for strategic markets.
GoPro will also quote fully support its existing consumer products while investing in growth
and a broader diversified product roadmap.
It's not exactly clear what all that means and Starman Optical doesn't have a significant
track record to judge its performance.
The company builds itself as an optical photonics company focused on the development and domestic
manufacturing of optical transceivers and related photonics technologies through its Starman
new photonics business.
Both Starman Optical and Starman new photonics are part of Starman holdings which owns consumer
tech brands like Incase, Incipio and Griffin.
Followed by the company's Starman Optical and Starman Optical
Fall is almost here which means less time in the sun and way more time in your car whether
you're headed to a big meeting picking up the kids from school or starting your cross
country road trip.
You'll want to stay connected on your drive.
With AT&T connected car your eligible vehicle can become a Wi-Fi hotspot so you and your
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Being on the road more doesn't mean you have to put your whole life on pause stay connected
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See if your car is eligible at ATT.com slash techbrew that's ATT.com slash techbrew requires
eligible vehicle service and coverage is not available everywhere restrictions apply.
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Depending on where you live there are more opportunities to see what the self driving
hype is all about if you want.
Wemma which has a commanding market lead in the US said it's now offering driverless
rides to customers in San Diego, Tampa, Florida and Denver.
The first time the company will have commercial operations in Colorado.
Zooks meanwhile said it will begin testing its toaster shaped vehicles in Houston and San
Diego with human drivers on board.
The company said it will have a presence in 12 US markets when those two cities open.
The announcements come ahead of a plan event on Thursday from Tesla which is expected to
share details about its driverless cyber cab and its robot taxi ride hailing service.
Goldman Sachs research forecast the US robot taxi market will reach $19 billion in 2030
from about $3 billion next year before jumping to $48 billion in 2035.
Wemma now boasts over 4,000 vehicles across 14 US cities.
Its fleet includes the newer Rumier O'High vehicles based on a Zika mini van style chassis.
Their assembled out of factory in Arizona and include automatic sliding doors, three
large in-car screens, Wemma's sixth generation driverless technology and an entertainment
system with a Gemini integration.
A Wemma spokesperson said in an email that in each of the three new US cities the company
will have dozens of robot taxis with plans to reach hundreds over time and that passengers
will need to hail rides through the Wemma app.
Wemma provides over 500,000 robot taxi rides in the US each week and aims to cross the
one million ride mark by the end of 2026.
In some markets the company offers rides through Uber.
Zooks is far behind Wemma as its only paid ride hailing service today operates in Las Vegas.
Zooks has a free service in San Francisco for select riders and hasn't said when it will
open a paid service there.
Now this is the sort of interesting raise I can get behind and AI start up the once
to do checks notes here.
Interstellar travel.
Quoting the deep view.
On Tuesday the AI Native Physics Research Lab Physical Superintelligence or PSI emerged
from stealth with a $58 million seed funding round led by Breakthrough Energy.
It is launching with two proofs of concept.
First, a productized piece of its core platform, Emmy, named for renowned physicist Amely
Emmy Noether combines PSI's reasoning engine consisting of sovereign pre-trained and
post-trained models with a large curated inventory of simulations to tackle research
problems at a pace much quicker than humans could according to the company.
Initially a subset of Emmy's capabilities will be used for optimizing terrestrial and orbital
AI data centers and factories.
PSI has already signed commercial agreements and live pilot deployments on operating data
center infrastructure today according to the company.
The second prong of the launch is PSI's involvement in the Fermi Explore mission whose
ultimate goal is to launch the first spacecraft to another star system targeting Alpha Centauri,
the closest star system to Earth.
This initiative is a major undertaking because Alpha Centauri is roughly 4.37 light years
away which would take about 80,000 years to reach from Earth at the speeds of current
spacecraft that makes it quite a feat of engineering to build a vessel capable of the
journey.
It's joining as a founding technical partner for the Fermi Explore mission, a nonprofit
organizing the first privately funded interstellar space mission and the first AI planned probe
of Alpha Centauri.
PSI has already claimed to have contributed to the mission by validating its physics and
identifying a substantially more efficient trajectory within the mission's mass and
budget constraints.
The company is using this finding to demonstrate that a small team using AI native physics
could do the work typically required of a national laboratory.
This reflects the company's broader mission to contribute to discoveries that are both
commercially and scientifically valuable.
Finally today, what if I told you there was an AI-powered toothbrush?
What would you imagine that would do?
Would you want one?
You'd imagine.
This is the version of the multiverse we are currently living in, people quoting Bloomberg.
Dyson introduced a $499 toothbrush that uses artificial intelligence and a built-in camera
to give real-time feedback, the latest in a growing subset of gadgets that put AI and
video in sometimes unconventional places.
Granted smart toothbrushes are hardly new, brands such as Oral Bee and Phillips offer models
that work with an app to track coverage, pressure, brushing time and other user data.
But Dyson said its new camera jet model announced Tuesday is the first with an integrated
camera to narrow in on the gaps in the teeth where plaque first forms then hardens and direct
a precision jet at them.
It is available now for pre-order and is being offered in blue and pink.
Privately held Dyson, which also offers home and personal care appliances such as vacuum
cleaners, fans, air purifiers and hairdryers, said it spent six years conducting research
and development for the new toothbrush.
We have seen some innovation in the space but it is largely focused on digital features
and brushing specs and no real breakthroughs in the category which is where we come in.
Senior commercial manager Namiya Turnie said in an interview ahead of the launch, the
company is marketing the device toward what it believes is a sizable portion of people
who often skip flossing.
The system is designed to both clean teeth and help keep gums healthy according to Dyson.
The toothbrush also works with the company's existing MyDyson app which offers live viewing,
guided cleaning, coverage mapping and personalized brushing insights.
The company now views oral care as its next major category with plans to introduce related
products such as non-phoming toothpaste.
The camera jet toothbrush features a 100,000 pixel macro lens that scans at 28 images per
second and is powered by machine learning algorithms trained on nearly 470,000 dental
images the company said.
Once the toothbrush identifies certain areas of interest it uses a precision jet to fire
short bursts of mouth rinse at those spots.
The brush head which incorporates both firm and soft brushes for stain removal and gumline
cleaning oscillates to reach difficult spots the company said.
The camera jet also has various brushing intensity settings such as gentle variable and
deep clean along with haptic alerts that notify users if they apply excessive pressure.
Dyson recommends brushing for 3 minutes with the battery lasting between 7 and 10 days
between charges.
Nothing more for you today talk to you tomorrow.
