Incoming Apple CEO John Ternus signed off on a major revision of Apple's Vision Pro and smart glasses plans, consolidating Apple's work in the category.
According to Apple analyst Ming-Chi Kuo, Ternus nixed plans for a second Vision Pro and a lighter Vision Air. Kuo says there are only two smart glasses products in development, including the AI smart glasses that Apple is creating to rival the Meta Ray-Bans and a display-equipped set of AR smart glasses.
"I think removing the Vision Pro line was the right call, as Apple shifts resources toward smart glasses with greater mass-market potential," writes Kuo. Kuo says that the Vision products roadmap that he shared in June 2025 is no longer a useful reference because of the major changes that Apple has made to its plans over the last year. Kuo's product timeline originally featured seven products, but now it features just two that are still relevant.
Kuo believes the AI smart glasses will ship in 2027, while the display-equipped augmented reality glasses with "optical waveguides" won't come out until 2029 at the earliest. Optical waveguides pair a micro-display with waveguides that guide the image to the user's eyes. Lenses remain transparent, so the virtual content looks like it's overlaid on the real world view.
Bloomberg's Mark Gurmanweighed in on Kuo's report and said the Vision Air was discontinued in October 2025, the display glasses meant to pair with a Mac were sunset in January 2025, and AI smart glasses will launch at the end of 2027.
While Kuo does not believe Apple is working on any version of a Vision Pro, Gurman claims Apple has a Vision Pro 2 "in testing" but the category is "on ice." Earlier this week, Gurman also said Apple is working on a cheaper, lighter Vision Pro, but the device is unlikely to launch before late 2028 or 2029.
John Ternus is set to take over as Apple's CEO on September 1, 2026. Current Apple CEO Tim Cook will remain on as Executive Chairman.
A June 21 presidential runoff will decide Colombia’s next president
Far-right candidate Abelardo de la Espriella and leftist Iván Cepeda advanced to the runoff round of Colombia’s presidential election after emerging as the top vote-getters in the May 31, 2026, first-round vote, in a result that reflects the deep political polarization shaping the country.
With 99.99% of polling stations counted, the Registraduría Nacional del Estado Civil reported that De la Espriella won more than 10.3 million votes (43.7%), while Cepeda secured 9.6 million votes (40.9%). The two candidates will face each other in a runoff election scheduled for June 21, 2026.
Voter turnout reached 23.7 million people, equivalent to 57.8% of eligible voters. Together, the two candidates captured nearly 85% of valid ballots, leaving the remaining contenders far behind and setting up a contest between two sharply contrasting political visions.
De la Espriella’s unexpected rise
De la Espriella’s first-round victory represents one of the biggest surprises of the election and marks the first time in Colombia’s modern political history that a far-right party has emerged with a realistic chance of winning the presidency.
A lawyer by profession with no previous elected office experience, De la Espriella built his campaign around a populist message focused on political confrontation, public security, a hard-liner approach to crime and opposition to negotiations with illegal armed groups. His political style has drawn comparisons to Argentine President Javier Milei, Salvadoran President Nayib Bukele and US President Donald Trump.
Most pre-election polls placed him in second or third position, with support ranging between 15% and 25%, well below his final result.
His platform emphasizes stronger security policies, tougher penalties for criminal and narcotraffic organizations, and the construction of large-scale prisons similar to those in El Salvador. He has also rejected peace negotiations with armed groups.
His opposition to diversity and inclusion policies, as well as controversies involving remarks toward female journalists for which he later apologized, also became defining features of his campaign.
Cepeda achieves the strongest result ever for Colombia’s left party
Although he finished second, Cepeda achieved the highest vote total ever received by a left-wing presidential candidate in Colombia, surpassing the 8.5 million votes won by President Gustavo Petro in a previous presidential election.
The candidate of the ruling Pacto Histórico party based his campaign on grassroots mobilization, public rallies and the consolidation of a unified left-wing movement. His message focused on expanding social programs, inclusion and reducing inequality.
However, his candidacy has also been weighed down by criticism of the current administration, particularly regarding security concerns, problems within Colombia’s healthcare system and the limited results of the government’s “Total Peace” policy, which Petro promoted and Cepeda supported during his years in Congress.
Cepeda’s political career has been built in Congress, where he became known for defending the rights of victims of paramilitary violence and for his role in legal cases involving former President Álvaro Uribe.
After preliminary results were released, both Cepeda and Petro publicly questioned the preliminary vote count while stating they would recognize the official results certified by electoral commissions, judges and notaries.
“As president, I do not accept the preliminary count results,” Petro wrote on X, arguing that Colombia’s pre-count system has no legal validity and that only the official scrutiny process produces binding results. He later added that “the binding results the president will recognize are those issued by the electoral scrutiny commissions.”
Cepeda has also sought to distance himself from some of Petro’s proposals, including the idea of convening a constituent assembly to revise Colombia’s constitutional framework.
Historic defeat for Uribe’s political movement
Another major statement of the election was the poor performance of Paloma Valencia, candidate of the Centro Democrático party and backed by former President Uribe, who campaigned alongside her throughout the country despite defections by several prominent supporters.
Valencia finished third with 1.6 million votes (6.9%), far below polling projections that had placed her above 20%.
The result is widely attributed to voter fatigue with Uribe’s political movement and the migration of conservative voters toward De la Espriella, who was endorsed during the campaign by several prominent right-wing figures, including senators Paola Holguín and María Fernanda Cabal, as well as leader and businessman José Félix Lafaurie.
Strategic decisions within Valencia’s campaign may also have contributed to the result, including the selection of former Bogotá councilman Juan Daniel Oviedo as her vice-presidential running mate and her reluctance to directly confront De la Espriella during the campaign.
This marks the second consecutive presidential election in which Uribe reaches the runoff without a candidate from his own party. Nevertheless, he quickly endorsed De la Espriella after the results became known.
That endorsement could prove crucial. If elected, De la Espriella would face a Congress in which his movement holds only limited representation, making support from Centro Democrático, the second-largest congressional bloc, essential for advancing legislation and reforms.
Centrist voters may decide the runoff
Former Medellín Mayor Sergio Fajardo, who campaigned as a centrist alternative, finished fourth with more than 1 million votes (4.2%), while none of the remaining candidates surpassed 1% of the vote.
As the runoff approaches, the votes won by both Valencia and Fajardo are expected to be closely watched by the two campaigns, as they could prove decisive in an election that is shaping up to be highly competitive, deeply polarized and politically fragmented.
While Valencia has already endorsed De la Espriella, Fajardo has yet to take a public position. In previous elections, the former Medellín mayor has preferred to leave his supporters free to decide rather than formally endorse either finalist.
In Valencia’s case, despite her endorsement of De la Espriella, it remains unclear whether her support came primarily from voters aligned with former President Álvaro Uribe or whether a significant share was driven by the candidacy of Juan Daniel Oviedo, who won more than 1.2 million votes in the coalition primaries held in March.
The June 21 presidential runoff will therefore pit two sharply different visions for Colombia’s future against one another, in a political environment marked by polarization, social tensions, and persistent challenges related to security and governance that the next administration will have to address.
I've been lucky enough to watch the first 45 minutes of Toy Story 5 — and while I have no idea how the new Disney Pixar movie ends, I think it will be even more brutal than Toy Story 3.
Praise be, The Handmaid's Tale spinoff The Testaments season 2 has already been renewed. Here's everything we know so far, from returning cast to plot predictions.
A few months ago, Apple released the MacBook Neo, its most affordable MacBook ever. At the time, an ASUS executive admitted that the laptop came as a "shock" to the Windows PC industry, which is now in the process of responding.
Acer today introduced a Swift Air 14 laptop, with U.S. pricing starting at $699. By comparison, the MacBook Neo starts at $599 with a 256GB SSD and 8GB of RAM, or at $499 for college students and educational staff. However, the MacBook Neo costs an equal $699 when configured with a doubled 512GB of storage and a Touch ID button.
Powered by a new Intel Core Series 3 processor, the Swift Air 14 features a 14-inch display with a 120Hz refresh rate and a resolution of 1,920 × 1,200 pixels, up to a 512GB SSD, up to 16GB of RAM, an all-aluminum enclosure, and quad speakers with DTS:X Ultra audio. Like the MacBook Neo, the laptop supports Wi-Fi 6E.
Acer's Swift Air 14
The laptop is equipped with two Thunderbolt 4 ports, a USB-A port, and a 3.5mm headphone jack, and Acer says a 70 Wh battery provides up to 19 hours of battery life for video playback and up to 16 hours of battery life for web browsing.
Like the MacBook Neo, the Swift Air 14 is available in colorful finishes, including sage green, frost blue, blossom pink, and lilac purple.
Acer said the Swift Air 14 will be available in North America starting in August.
Meanwhile, Qualcomm this week announced the Snapdragon C, a new processor designed for "entry-tier laptops" priced at "$300 and up." Qualcomm said the processor delivers "responsive everyday performance" with "breakthrough power efficiency." The first laptops powered by the Snapdragon C are expected to launch later this year, with committed brands including Acer, HP, and Lenovo, according to Qualcomm.
Qualcomm's Snapdragon C processor
Indeed, Acer has previewed the Aspire Go 15, the first laptop powered by the Snapdragon C processor. The laptop will have an "affordable" price point, but Acer did not provide specific pricing or a release date. Key specs include a 15.6-inch display with a resolution of 1,920 × 1,080 pixels, up to a 512GB SSD, up to 8GB of RAM, a 1080p webcam, two speakers, two USB-C ports, one USB-A port, one HDMI port, and a 3.5mm headphone jack.
Acer said the Aspire Go 15 is made from 100% recyclable materials and has some components made from recycled plastic, so it sounds like the laptop will not have an all-aluminum enclosure like the MacBook Neo and the Swift Air 14.
Finally, ASUS commented on the MacBook Neo again during its annual shareholders meeting today. According to Taiwan's Economic Daily News, ASUS's chairman Jonney Shih said that the company can learn from Apple's cost-efficient strategy with the MacBook Neo and views it as an opportunity. Stay tuned, he said.
On an earnings call last month, Apple's CEO Tim Cook said that customer response to the MacBook Neo had been "off the charts" since its launch.
Apple was very optimistic about the MacBook Neo before announcing it, but the company still "undercalled" the level of enthusiasm that the laptop would generate, according to Cook. He said that MacBook Neo demand exceeded Apple's expectations and helped to drive a record number of first-time Mac buyers last quarter.
"We could not be happier with how things are going at the moment," said Cook.
As for the Windows PC industry, perhaps not so much.
Infrastructure pivot frees up $1.3 billion USD for shareholders
Frontera Energy Corporation (TSX: FEC) (OTCQX: FECCF) reported first-quarter 2026 net income from continuing operations of $13.1 million USD and adjusted EBITDA of $28.5 million USD, as the Calgary-based company moves to close the sale of its Colombian exploration and production portfolio to Parex Resources Inc. (TSX: PXT) and reposition itself as a standalone Colombian infrastructure company anchored by its pipeline and port assets.
Total revenues from continuing operations were $26.8 million USD in the first quarter, compared with $26.9 million USD in the fourth quarter of 2025 and $25.1 million USD in the first quarter of 2025. Net loss for the period, including discontinued operations, was $15.4 million USD, reflecting a $28.5 million USD net loss from the Colombian E&P assets now classified as held for sale.
“In total, this strategy will have unlocked approximately $1.3 billion of capital for investors.” — Gabriel de Alba, Chairman of the Board, Frontera Energy Corporation
The Parex transaction
On April 30, 2026, Frontera shareholders approved a plan of arrangement under which Parex Resources, through a wholly-owned subsidiary, will acquire all of Frontera’s Colombian upstream business — including its oil and gas exploration and production assets, a reverse-osmosis water-treatment facility, and a palm-oil plantation. The transaction carries an enterprise value of $750 million USD. The cash purchase price consists of $500 million USD payable at closing, subject to customary adjustments, plus an additional $25 million USD contingent payment tied to specified development milestones to be achieved within 12 months of closing.
At the same shareholder meeting, investors approved a reduction of Frontera’s capital account of up to $647 million CAD (approximately $470 million USD) to fund a return of capital to shareholders from the net proceeds of the transaction. The Supreme Court of British Columbia issued its final order approving the arrangement on May 4, 2026. Closing remains subject to the satisfaction of remaining conditions and is expected in May 2026.
Chairman Gabriel de Alba said the company would retain roughly $50 million USD of cash to support growth opportunities at the remaining infrastructure business, including an LNG regasification project being developed in partnership with Ecopetrol (NYSE: EC) (BVC: ECOPETROL). “In total, this strategy will have unlocked approximately $1.3 billion of capital for investors,” de Alba said.
ODL pipeline drives cash flow
Frontera holds a 35 percent equity interest in the Oleoducto de los Llanos (ODL) crude oil pipeline, which connects the Rubiales, Quifa, Caño Sur, Llanos-34, and other production blocks to the Monterrey and Cusiana stations in the department of Casanare. ODL’s share of income contributed $14.2 million USD to Frontera in the first quarter, compared with $15.1 million USD a year earlier, with the year-over-year decline reflecting higher depreciation, amortization, and operating costs.
ODL transported 233,875 barrels per day in the first quarter of 2026 at an average tariff of $4.70 USD per barrel, compared with 236,387 barrels per day at $4.73 USD per barrel in the first quarter of 2025. The pipeline declared $185 million USD in total dividends, of which $64.7 million USD is net to Frontera. The company expects to receive those distributions during 2026 in installments of approximately 40 percent in the second quarter, 35 percent in the third quarter, and 25 percent in the fourth quarter.
Long-term debt at Frontera totaled $167.8 million USD at the end of the first quarter and is expected to decline to approximately $131 million USD by year-end 2026, primarily through scheduled amortizations and cash-sweep mechanisms tied to ODL cash flows. From May 2025 through December 2026, long-term debt is expected to fall by more than $100 million USD.
Puerto Bahía expands cargo mix
Puerto Bahía, the multipurpose maritime terminal located in Cartagena adjacent to the Bocachica access channel and near the Reficar refinery, generated $12.7 million USD in revenue in the first quarter of 2026, compared with $10.0 million USD in the same period a year earlier. The 150-hectare facility comprises a hydrocarbons terminal with nominal capacity of 2,672,000 barrels and a general cargo terminal. Frontera holds a 99.97 percent equity interest in the port.
General cargo growth offset weaker liquids volumes. The general cargo terminal handled 38,067 roll-on/roll-off (RORO) units in the first quarter, more than double the 18,223 units handled a year earlier, alongside 3,851 twenty-foot equivalent units (TEUs) of containerized cargo, up from 1,256 TEUs in the first quarter of 2025. Break-bulk volumes declined to 25,216 tons/m³ from 41,198 tons/m³. RORO dwell times shortened from 40 days to 31 days year over year.
The liquids terminal handled 36,937 barrels per day in the first quarter of 2026, down from 51,579 barrels per day a year earlier. Ecopetrol volumes accounted for 26,273 barrels per day, Frontera-related volumes for 7,389 barrels per day, and other third-party volumes for 3,275 barrels per day. The company attributed the decline mainly to lower third-party throughput and the absence of certain trading flows.
Operating costs at the port rose to $7.6 million USD in the first quarter from $5.0 million USD a year earlier, driven by increased infrastructure maintenance in the liquids terminal and higher cargo volumes in the general cargo facility.
LPG and LNG projects advance
Puerto Bahía’s liquefied petroleum gas (LPG) project began initial operations in March 2026, providing capacity to handle up to 10,000 tons per month. The terminal is targeted to become fully operational during the first quarter of 2028. Capital expenditures during the first quarter totaled $1.0 million USD, including $0.4 million USD for major tank maintenance and $0.3 million USD for the LPG project.
The company is also advancing an LNG regasification project at Puerto Bahía in partnership with Ecopetrol, intended to support Colombia’s domestic gas supply as domestic production declines. Frontera is also pursuing expansion of containerized cargo operations.
Discontinued operations
Following the execution of the arrangement agreement, the Colombian E&P assets are now classified as discontinued operations under IFRS 5. Colombian production averaged 36,700 barrels of oil equivalent per day in the first quarter of 2026, comprising 25,394 barrels per day of heavy crude, 8,653 barrels per day of light and medium crude combined, 5,706 thousand cubic feet per day of conventional natural gas, and 1,652 barrels of oil equivalent per day of natural gas liquids. That compares with 39,010 barrels of oil equivalent per day a year earlier.
The operating netback from the discontinued Colombian operations was $41.79 USD per barrel of oil equivalent in the first quarter of 2026, compared with $34.22 USD per barrel of oil equivalent in the first quarter of 2025, supported by a higher Brent reference price of $78.38 USD per barrel against $74.98 USD per barrel a year earlier.
Frontera retains exploration and development interests in Guyana through subsidiaries that include CGX Energy Inc. (TSXV: OYL), which is not part of the Parex transaction. The company’s go-forward portfolio will be anchored by the ODL pipeline stake and Puerto Bahía, with the infrastructure business generating approximately $77 million USD of distributable cash flow in 2025, according to the management information circular dated March 30, 2026.
Blink and you'll miss it, but Rivals season 2 episode 4 just hinted at a future lesbian romance. However, I've taken a request for more right to the Hulu and Disney+ writer's room.
After its two-episode premiere, the latest Yellowstone spinoff is now making a name for itself — and Dutton Ranch episode 3 wastes no time making Rip and Beth's lives even harder.
The reshuffling is aimed at bringing chip and product development closer together.
"The hardware shake-up is also meant to better integrate teams working on in-house silicon with those creating products," explained Gurman.
The report said oversight of Apple's product design is moving from Kate Bergeron to two of her longtime deputies: Shelly Goldberg and Dave Pakula. Goldberg was already in charge of Mac product design, while Pakula led Apple Watch, iPad, and AirPods product design, but now they will oversee all of Apple's products.
Apple's product design group is distinct from the industrial design group, the report explained.
"Industrial design drives the overall vision and appearance of new devices, while product design focuses on translating those concepts into actual products that can be shipped to consumers," said Gurman.
Bergeron is gaining oversight of product reliability across all Apple devices, and she will continue to lead the team overseeing which materials are used for products.
With John Ternus set to become Apple CEO on September 1, the report said two of Ternus' former deputies will now report directly to Srouji: Matt Costello, who has led development of Apple's home and audio products, and Kevin Lynch, who runs a special projects group focused on the development of robotics devices.
The report outlines many other role changes, with the reorganization sounding quite significant overall heading into the Ternus era of Apple.
In Yellowstone, John Dutton felt like the be-all and end-all of the family's story. But even though new spinoff Dutton Ranch is a world away, he remains Beth's "reason to live."
Dutton Ranch has arrived, and so have a whole host of new questions. We dig deeper into why Beth and Rip left Montana, and how the spinoff is dealing with John Dutton's Yellowstone legacy.
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