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said in a video of his police interview played for jurors in the Oscar-winner’s sexual assault trial. “It does make me feel a bit sick talking about it," the report said.  The victim said Spacey made him uncomfortable querying him about his sexuality, then became “touchy feely" and moved on to aggressive groping when they were alone together. “He was right from the get-go grooming me," the man said in his police interview last year.

Mark Zuckerberg in late 2021 had a question for those working on Meta Platforms’ strategy for its virtual-reality headset: If Apple can sell iPhones in China, and Tesla can sell cars, why can’t we sell our devices there? The question, posed on a video call, led to a push by Meta to restart its China business by selling its Quest headsets in the country, according to a person familiar with the matter, more than a decade after Facebook was blocked there. The company held discussions with several Chinese tech companies and has made progress with videogame powerhouse Tencent Holdings, people familiar with the matter said.

Check out the companies making headlines in midday trading.

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Hong Kong/San Francisco/Tokyo | Apple has been forced to make drastic cuts to production forecasts for the mixed-reality Vision Pro headset, unveiled last month after seven years in development and hailed as its most significant product launch since the iPhone.

Bear market, correction, bonds—you don’t need to be working on Wall Street to know how these impact your investments and what’s happening to your money. If you’ve been looking at your brokerage account or 401(k) balance, it’s fluctuated a fair bit this year thanks to volatility in the stock market. 

Markets are mixed today ahead of more earnings from some of the world’s biggest companies. This week could be one of the busiest this earnings season, with a third of S&P 500 companies set to report earnings. Investors will pay particular attention to the tech sector, with Apple, Google parent Alphabet, Meta, Amazon, and Microsoft all reporting this week. Their results could give insight into how they have been performing in this rising interest rate environment. 

This article was published Feb. 16, 2021. It was republished July 18, 2022, but the content was not updated.

Investing.com — U.S. futures inched lower at the start of a holiday-shortened week that includes the release of some key economic data, including the monthly employment report.

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Ray Dalio, legendary investor and New York Times bestselling author, has some advice for investors for what could be a choppy year—and why diversifying your portfolio can reduce your risk by about 80%.

Puerto Rican rapper and singer-songwriter Bad Bunny has gained popularity over the past few years, amassing the majority of his fortune from just two world tours in 2022. His latest project, a superhero movie in the Sony Spider-Man universe called El Muerto, will reportedly begin production on Aug. 7, 2023, in Los Angeles, CA.

Actor Matthew McConaughey is reuniting with his True Detective co-star Woody Harrelson in a new comedy series based on their friendship for Apple TV+. Created by David West Read, Apple TV+ describes the show as a “heartfelt odd couple love story revolving around the strange and beautiful bond between Matthew McConaughey and Woody Harrelson.” The pair will also executive produce the as-yet-untitled series alongside Read.

Call it the January Effect, the realization that interest rate hikes may slow, a growing sense that inflation may truly be easing, or all of the above, but individual investors are less scared than they were in early December, Investopedia’s latest reader sentiment survey shows. That said, nearly one-third of respondents expect the S&P 500 to fall at least 5% over the next six months, while only 16% expect it to trade higher, and 11% expect it to be flat.

Superstar footballer Lionel Messi announced Wednesday he intends to play for Inter Miami, turning down offers from Barcelona and Saudi Arabia, in a move that shocked soccer fans around the world. 

Investing.com — Tesla unveils bumper second-quarter vehicle deliveries following a move by the electric carmaking giant to lower prices. Meanwhile, Apple is reportedly slashing its production targets for its Vision Pro headset and a major decision in San Francisco hangs over the future of Microsoft's megamerger with Activision Blizzard.

Apple Inc become the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new markets coupled with expectations of a more moderate approach to interest rate hikes by the Federal Reserve. The iPhone maker's advance was among the most eye catching in a month marked by investor interest in the potential of artificial intelligence, with share buyers also particularly favouring companies with strong balance sheets and cash flows.

The Verge has reported that Apple analyst Mark Gurman, in his recent Power On newsletter edition, revealed that the next AirPods could introduce a Type-C port for charging, as Apple moves away from its proprietary Lightning port. The anticipated release of the next AirPods is expected in 2024, while the AirPods Pro 3 might debut in 2025, following Apple's typical three-year upgrade cycle. One of the significant features Gurman highlighted is a new hearing test capability. The upcoming AirPods are said to play various tones and sounds to assess a user's hearing ability, similar to how the Apple Watch's ECG app screens for heart conditions. This improved hearing test could potentially render existing apps like Mimi less relevant. Apple is also exploring the integration of sensors in AirPods to measure body temperature accurately through the wearer's ear canal. This approach is considered more precise than wrist-based temperature monitoring done by devices such as the Apple Watch Series 8 and Ultra models during sleep.

Latin American agro-food varieties to India from apples to wines. Chilean food like kiwifruit, cherries, blueberries, apples, walnuts, and wines are becoming popular in India. Ignacio Fernandez Ruiz, the General Director of ProChile, visited India recently to explore new opportunities.

Oscar winner Patricia Arquette has announced that her comedy drama series "High Desert" will not return for a second season on Apple TV+. In a video posted on Instagram, the actor said the streamer has cancelled the show, which ran from May 17 to June 21. «A lot of you have asked about 'High Desert' and if there was going to be a second season, we just found out that it won't be coming back.

China's recovery has so far disappointed high expectations and the Caixin manufacturing survey due later on Monday is forecast to dip to 50.2 in June, from 50.9, and may even slip into contraction. The central bank has promised more «forceful» action to support the economy and looks likely to soon get a new boss. Something major is needed given Chinese blue chips shed 5% last quarter while much of the developed world rallied.