A New iPhone?
At its product launch event on Wednesday, Apple is poised to build on a number of security protections it unveiled in June, which included a service that hides users’ internet traffic from internet providers and changes to its Mail app to better protect users’ identities from people sending them emails. At the time, Apple said iOS 15, which it planned to roll out in the fall, would offer users a so-called app privacy report that told them what data their apps were collecting about them — another part of the company’s campaign to be seen as a gatekeeper between consumers and the larger tech world. Much flashier for many, however, will be Apple’s expected unveiling of the iPhone 14 and new Apple Watches, which have recently found an unexpected audience among children.
Rate Increases in Europe
Central bankers in the eurozone are likely to announce another large rate increase when they meet this week as they come under pressure to act on high prices. Fresh inflation data showed that consumer prices in the eurozone in August rose 9.1. percent from a year earlier. That number gives policymakers at the European Central Bank all the more reason to continue raising interest rates, as they did in July for the first time in more than a decade, lifting the E.C.B.’s benchmark rate by half a percentage point. Some analysts expect an even larger increase this time, with Goldman Sachs, for example, projecting a three-quarter-point increase.
Snap, the parent of Snapchat, said it was laying off 20 percent of its staff. Architects at a New York company formed the country’s first formal union at a private-sector architecture firm. And Twitter announced an edit button for tweets last week.