Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Apple Revamps Leadership, Preps New Vision Pro Headsets Amid Commercial Hurdles

Bibhu Pattnaik
April 13, 2025

Apple Inc. (NASDAQ:AAPL) is reportedly gearing up to introduce two new Vision Pro headsets and revamp its iPadOS. This comes amidst a major reshuffling in the company’s leadership and challenges related to the commercial success of the Vision Pro.

Bloomberg's Mark Gurman, in his latest weekly "Power On” column, revealed that Apple has been witnessing significant internal shifts. The company recently reassigned the leadership of Siri from AI chief John Giannandrea to Mike Rockwell, who previously led the Vision Products Group (VPG).

This resulted in the dissolution of VPG, with its components being reabsorbed across the company. Rockwell now reports to Craig Federighi, the head of all software engineering, while maintaining his previous responsibility over software engineering for the Vision Pro.

The first Vision Pro device, a $3,500 headset, despite its technological prowess, has not achieved commercial success. This, along with recent product cancellations and engineering issues, has raised concerns among employees about potential layoffs. The company is now reassessing its approach to the Vision Pro, contemplating whether to launch a new model or modify the product to attract more consumers.

Also Read: Inside Apple’s Silent Revolution--AI Doctors, Nutrition Tech, And A New Retail Boss

Despite competition from cost-effective alternatives like those offered by Meta Platforms Inc., Apple is forging ahead with the development of two new Vision Pro models. One model aims to address the current model’s weight and cost issues, while the other is expected to connect to a Mac, offering an ultra-low-latency system for streaming a user’s Mac display or connecting to high-end enterprise applications.

Apple is also planning a major overhaul of iPadOS to make the tablet more like a Mac, focusing on productivity, multitasking, and app window management. This move is in response to user feedback that the hardware capabilities of the iPad far outstrip its software.

According to Gurman, the leadership reshuffle and the planned launch of new Vision Pro models indicate Apple’s commitment to overcoming the commercial challenges faced by the Vision Pro.

The company’s decision to revamp iPadOS also reflects its responsiveness to user feedback and its dedication to enhancing user experience. These developments could potentially shape the future of Apple’s product line and its position in the competitive tech market.

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