Apple Strengthens AI Leadership Amid Retail and E-Commerce Developments

Morning Squawk highlights Apple’s AI team expansion, Costco’s tariff-related legal action, and a Cyber Monday outage affecting Shopify merchants.

Summary

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Terms & Concepts
  • Artificial Intelligence (AI): Computer systems designed to perform tasks that normally require human intelligence, such as reasoning, learning, and problem-solving.
  • Tariffs: Taxes imposed by a government on imported goods and services.
  • E-commerce: The buying and selling of goods and services over the internet.