• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
NewslettersFortune Tech

Apple takes the wraps off ‘Liquid Glass’ design

Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm; author, Fortune Tech
Down Arrow Button Icon
Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm; author, Fortune Tech
Down Arrow Button Icon
June 10, 2025, 7:07 AM ET
Updated June 10, 2025, 7:20 AM ET
Apple CEO Tim Cook during the company's annual developer conference in Cupertino, Calif. on June 9, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
Add Fortune on Google for similar content.

Good morning. And rest in peace to the great Sly Stone, who dared to record music to the beat of a machine, rather than a human, way back in 1969.

Recommended Video

Scandalous? Perhaps. But as Aeon magazine put it in 2023: “Stone, Herbie Hancock, Stevie Wonder, and others who had impeccable musical taste and access to the best drummers money could buy, were excited more by the novelty of the machines’ sounds than by their consistency.”

Sounds…familiar. Today’s tech news below. —Andrew Nusca

Want to send thoughts or suggestions to Fortune Tech? Drop a line here.

Apple takes the wraps off ‘Liquid Glass’ design

Apple CEO Tim Cook during the company's annual developer conference in Cupertino, Calif. on June 9, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
Apple CEO Tim Cook during the company’s annual developer conference in Cupertino, Calif. on June 9, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)

Who needs AI when there’s a shiny new aesthetic?

Apple on Monday unveiled “Liquid Glass,” a new, unified design for the software that powers its iPhones, iPads, Macs, TVs, and Watches.

As expected from the design-centric folks in Cupertino, it’s slick stuff. 

A transparent look infiltrates the icons, files, tabs, and control areas of the operating system and Apple apps. Interface nips and tucks allow similar things to group together and controls and tabs to disappear when they’re not in use. 

Variations of the word “fluid” appear a half-dozen times in the company’s announcement, issued during Apple’s Worldwide Developers Conference, or WWDC.

Microsoft Windows Vista jokes aside—and the glassy new elements certainly recall a rival’s notorious operating system—the company’s UX innovations were only partly well-received. 

That’s because the worst-performing “Magnificent 7” big tech company this year (in terms of the markets) didn’t have what most folks wanted: a major AI announcement.

This week, Apple was careful not to over-promise on AI-driven features. 

It announced an API that allows third-party developers to build Apple Intelligence into their apps. Users can now use AI to search the web for any visual on their screen. A “live translation” feature automatically translates text messages and call captions from different languages.

The new look and features will be available this fall. Apple shares closed the day down 1.2%. —AN

Waymo suspends downtown Los Angeles operations

At least six Waymo self-driving cars have been damaged by the violence taking place in Los Angeles in recent days amid protests against federal immigration raids.

The autonomous vehicles, as well as some Lime electric scooters, have been vandalized, and in some cases set on fire and completely destroyed. 

Videos of people climbing the Waymo robotaxis and bashing in the windshields, as well as clips of Waymo cars engulfed in flames, were shared widely online, quickly becoming key imagery of the protests in downtown Los Angeles. 

The Los Angeles Police Department warned people on Sunday to steer clear of the area, due to the risk of toxin exposure from electric batteries catching on fire. All of the self-driving taxis deployed by Waymo, which is owned by Alphabet, are electric.

No Waymo riders or employees were harmed during the incidents, and passengers had exited vehicles before they were vandalized, according to a Waymo spokesman. 

The company stopped service downtown on Monday as the protests continued, though Waymo continued to operate in the broader Los Angeles region.

Waymo declined to comment on the total estimated damage, and Lime declined to comment. Analysts have estimated that the Waymo Jaguar I-Pace SUVs, which are equipped with radar and lidar equipment, cost between $150,000 to $200,000 each. —Jessica Mathews

Warner Bros. Discovery splits into two businesses

Warner Bros. Discovery will split itself into two publicly traded entertainment companies.

The maneuver, announced Monday, will separate its cable networks from its movie studio, TV production, and HBO Max streaming units.

A company called “Global Networks”—don’t expect the names to stick around forever—will take lucrative-but-declining CNN, TNT, TBS, and dozens of smaller assets, including Bleacher Report, CNN’s planned streaming service, and international holdings.

Global Networks will hold up to a 20% stake in the second entity, called “Streaming & Studios,” which will control assets like DC Studios, Warner Bros. Games, and the Warner Bros. TV and film divisions. 

It expects to use earnings from that investment to pay off debt; the consolidated company carries about $34 billion’s worth.

If you’re thinking, doesn’t this basically unwind the 2022 merger of Warner Media and Discovery Communications? Yes, more or less.

It also echoes Comcast’s recent move to offload its cable networks into a standalone company called Versant. That deal is expected to close later this year.

Warner Bros. Discovery CEO David Zaslav will occupy the top job at the Streaming & Studios company. CFO Gunnar Wiedenfels will become chief executive of Global Networks. 

The company’s stock closed at $9.53, down 3% on the day and almost 11% year to date. —AN

More tech

—OpenAI’s ARR. The company says it has surpassed $10 billion in annual recurring revenue.

—Huawei’s lagging AI chips. CEO Ren Zhengfei says the company is one generation behind its U.S. rivals.

—Roblox hires CFO. Paramount’s Naveen Chopra starts June 30.

—Disney fully owns Hulu. The House of Mouse finally closes its deal with Comcast to buy out NBCUniversal's 33% stake in Hulu.

—Gusto’s new deal. The HR software company’s tender offer is valued at more than $200 million.

—AI will cause a recession, Klarna’s CEO says, thanks to job displacement.

—Amazon to invest $20 billion in Pennsylvania. More data center infrastructure across several counties. 

—Chipotle’s restaurant spree. The burrito chain will use AI to hire fast enough to open a new store every 24 hours.

—R.I.P. Bill Atkinson. Apple’s 51st employee changed the course of computing history.

Endstop triggered

A meme of three Spider-Men pointing at each other, labeled "Apple Liquid Glass," "Microsoft Windows Aero," and "Apple Aqua"

This is the web version of Fortune Tech, a daily newsletter breaking down the biggest players and stories shaping the future. Sign up to get it delivered free to your inbox.
About the Author
Andrew Nusca
By Andrew NuscaEditorial Director, Brainstorm; author, Fortune Tech
Instagram iconLinkedIn iconTwitter icon

Andrew Nusca is the editorial director of Brainstorm, Fortune's innovation-obsessed community and event series. He also authors Fortune Tech, Fortune’s flagship tech newsletter.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersEye on AI
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
7 hours ago
From Audrey Gelman to Bobbi Brown, second-time female founders are on the rise
NewslettersMPW Daily
From Audrey Gelman to Bobbi Brown, second-time female founders are on the rise
By Emma HinchliffeJune 23, 2026
10 hours ago
Cred founder and CEO Kunal Shah. (Courtesy: Cred)
NewslettersFortune Tech
Meta’s latest reverse acqui-hire: Cred founder Kunal Shah
By Andrew NuscaJune 23, 2026
15 hours ago
Saudi PIF’s governor wants the kingdom to become a global investment center
NewslettersFortune Gulf Brief
Saudi PIF’s governor wants the kingdom to become a global investment center
By Melissa HancockJune 23, 2026
16 hours ago
The CEO with real-time data on 1 in 6 American workers says stop worrying about jobs—and start thinking about tasks
NewslettersCEO Daily
The CEO with real-time data on 1 in 6 American workers says stop worrying about jobs—and start thinking about tasks
By Diane BradyJune 23, 2026
16 hours ago
The WNBA turns 30—and women’s basketball is dreaming bigger than ever
NewslettersMPW Daily
The WNBA turns 30—and women’s basketball is dreaming bigger than ever
By Emma HinchliffeJune 22, 2026
1 day ago

Most Popular

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
16 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
13 hours ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
2 days ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
1 day ago
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
Success
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
By Preston ForeJune 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.