Technologies

Meet your kid’s new smart gadget: Your old iPad

New Apple electronics should be on the way, but your old iPad may still come in handy for the little ones. We’ll show you how.

The new iPad Mini 6 may be coming shortly, just in time for the holiday season. You could expect it to have a USB-C port, a Smart Connector for keyboard attachments and other features similar to an iPad Air’s. It’s bound to be on your kid’s wish list (and maybe yours, too).

But what does that mean for your old Apple tablet? Maybe sell it for some extra cash? Or you can keep it around for your kids. Even though the new iPad sounds way better, you can turn that old tablet into a hub, similar to an Echo Show or Google Nest Hub. Repurposing it may be a good way to upgrade your kid’s room with voice commands and automated routines. Interested? We’ll show you how.

We also have ideas for what you can do with your old Android phone (maybe turn it into a security camera). And here are some ideas for your kids heading back to school.

A smart home hub

You don’t need to buy Apple’s HomePod or HomePod Mini to put an Apple smarter speaker in your kids’ room.

You can turn your old iPad into a smart home hub that lets your kids play music, turn on and off the lights and even control the temperature in their room with the tablet.

To turn your iPad into a smart home hub for your kids’ room:

1. On your iPad, go to Settings.

2. Scroll down, tap Home and then toggle on Use this iPad as a Home Hub.

If you want to give your kids control just over the smart-home devices in their room and not everywhere in the house, you can set limits on what they have access to in the Home app.

A baby monitor

Most baby monitors make it easy to check on your little one from your phone or computer. But they aren’t cheap. Turning your old iPad into a baby monitor can be a more affordable way to keep track of your baby.

Baby monitor apps like Cloud Baby Monitor can let you check in on your kid. You can also get motion and noise alerts, just like from popular baby monitors — the Owlet Smart Sock Plus is a popular one. Note that if you’re looking for a monitor that keeps an eye on your baby’s oxygen levels, temperature and sleep quality, an iPad won’t do that for you.

A soothing night-light and sound machine

If your kids are starting to sleep on their own and you want to create a serene sleep haven for them, your old iPad is up to the task. With an app like Baby Night Lite, you can set up a night-light for the kids’ room with a variety of small animals and colors along with a sound machine that comes with a variety of songs and white noise and ambient background sounds. And you can set a timer and create a playlist of peaceful, soothing music or lullabies. For older kids who are beyond lullabies and dancing sheep, an app like Night Light Lite lets you pick from a variety of sounds, such as beach waves and running water, and night-light colors to help them get to sleep.

An extra gaming console

Sony’s PS5 or the Nintendo Switch might be on your kids’ shortlist for holiday gifts, but for fun and variety, it’s hard to beat an iPad paired with Apple Arcade games, such as NBA 2K21 Arcade Edition or The Oregon Trail. And if you have more kids in the home than gaming devices, converting that old iPad into a gaming device may be just the ticket.

Plus, the iPad gives your kids a bigger screen to play multiplayer games on. And you can even add a PlayStation or Xbox wireless controller to the iPad for your kids to play without hogging the TV or your phone.

A learning tool

With the new school year here, if your kids are going to start needing the home computer for their schoolwork, turning an iPad into a dedicated educational tool may be the perfect use for your older Apple tablet. You can even pair it up with a keyboard and a mouse to make the iPad feel more like a computer.

If you’re worried about your kid becoming distracted by messages, games, alerts and social media, you can use Apple’s parental controls to set limits and what they can and can’t do on the device.

To get a running start on the school year, here are a few apps that can help your kids study, keep track of their day and take notes.

If you’re still leaning toward getting a new iPad, here’s our guide to the best iPads available right now and the big differences between them. And here’s what we know about the next Apple event if you’re shopping for more gadgets. Or if you’re thinking about keeping your old iPad, here’s what iOS 15 has in store.

Technologies

Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance

Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.

Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.

The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.

Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.

Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.

Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.

The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»

Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.

Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.

At Monday’s close, the stock had dropped 14% year-to-date.

Technologies

OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report

OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.

OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.

Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.

‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

Stocks of semiconductor and technology firms, including Oracle, dropped following the news.

The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.

Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.

This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.

Read the full report from The Wall Street Journal.

Technologies

OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift

OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.

Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).

AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.

‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.

Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.

OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.

‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’

A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.

Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’

On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.

OpenAI and Amazon have been getting closer in other ways.

In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.

Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.

The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.

‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know