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Summary

  1. Get in touch: bizlivepage@bbc.co.uk
  2. Pound climbs above $1.29
  3. FTSE 100 falls back
  4. Oil prices fluctuate

Live Reporting

By Chris Johnston

All times stated are UK

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  1. Wall Street eases lower

    Wall Street stocks dipped as a fall in Apple's shares partly offset gains in energy and financial stocks, which have been some of the market's worst-performing sectors so far this year.

    Apple shares fell 1% despite the iPhone maker unveiling new products and services at its annual developers conference.

    Energy stocks rose despite a decline in oil prices, down on concerns that Saudi Arabia and other countries are cutting off ties with Qatar.

    The Dow Jones ended the day 0.1% lower at 21,184 points, while the S&P 500 lost 0.12% to 2,436. The Nasdaq fell 0.16% to 6,295.7.

  2. Super Siri?

    Tim Cook

    Apple will also make Siri more aware of context, enabling it to recommend and remind users more accurately based on how they use their device.

    The digital assistant will better understand follow-up questions and scheduling as well as handle language translation for the first time.

    The features more closely rival Amazon's Alexa and Google's Assistant - two virtual assistants that have become increasingly popular and powerful in recent months.

    Apple also announced a new software kit called ARKit, which will enable app developers to build augmented reality apps on Apple's platforms more easily. Augmented reality is a mixture of live images with virtual animations and objects placed over them.

  3. Another reinvention?

    Apple says it wanted to "reinvent home music" and thus came up with the HomePod - though for once it is playing catch-up with rivals such as Amazon and Google.

    Powered by Apple's smart assistant Siri, the device can play music as well as answer queries and control other smart home appliances.

    The HomePod will use its six microphones to pick up voice commands and uses the same processor chip as the iPhone to pump out "spatially aware" sound, Apple said.

    The device goes on sale in December in the US, UK and Australia.

  4. New iPad Pro

    Dave Lee says Apple has also revealed a new iPad Pro, with a 10.5 inch screen that will be available from next week.

    Meanwhile, iOS11 will be a free download available later this year, Tim Cook says.

    View more on twitter
  5. More bumps in the road for Uber - and Lyft...

    Uber logo

    San Francisco's city attorney has issued subpoenas to "taxi" firms Uber and Lyft for records of driving practices, access for disabled passengers and whether certain neighborhoods are underserved.

    The city and Uber are already also engaged in a legal fight over San Francisco's demands for drivers' names and addresses and comes at a time when Uber is beset by a host of other legal problems.

    City Attorney Dennis Herrera said the subpoenas sought four years of records from the companies, which are based in San Francisco and have some 45,000 drivers between them in the city.

  6. Siri gets a face

    Tim Cook

    More from Apple's WWDC conference. Tim Cook has also revealed a "Siri face" for the Apple Watch that will enable the voice-activated assistant to give users information such as commute times for upcoming appointments.

    The face for Siri is a bid to help it compete against Amazon's Alexa and the Google Assistant helper. While the assistant was previously available on the Apple Watch, Siri only had a limited ability to automatically show information.

    Apple is also reportedly working on a home speaker powered by Siri that could be unveiled during the conference, which runs until 9 June.

  7. BreakingAmazon comes to Apple

    American Gods

    Apple chief executive Tim Cook told the WWDC event in San Francisco that Amazon Prime Video would be available on Apple TV and other Apple devices later this year.

    Apple has about 50 media partners that supply content to its Apple TV and on the television app on iPhones and iPads.

    However, Amazon's service, which includes hit shows like Transparent and American Gods (pictured) has been a notable absence.

  8. BA 'will recover'

    Ba passengers

    IAG chief Willie Walsh again apologised to BA customers and admitted the incident had damaged the British Airways brand, but that the airline would recover.

    "This is something I wouldn't wish on anybody," he said. "When you see customers who suffered, you wouldn't want it to happen to any airline or any business."

  9. Walsh: 'difficult to understand'

    Willie Walsh

    More from Willie Walsh in Cancun, who has effectively confirmed that the BA computer chaos which left 75,000 people stranded over the bank holiday weekend was caused by human error.

    The IAG boss said the incident occurred when an electrical engineer disconnected the uninterruptible power supply, therefore shutting down the data centre.

    That would not have been a big problem in itself, he said, but the damage was caused when the power was restored in an uncontrolled fashion.

    "It's very clear to me that you can make a mistake in disconnecting the power," Mr Walsh said. "It's difficult for me to understand how to make a mistake in reconnecting the power."

  10. Lagarde's Greece solution

    Christine Lagarde

    IMF chief Christine Lagarde has offered Greece's European creditors a way out of their impasse over Athens' debts that would allow the eurozone to release some funds later this month.

    The IMF believes Greece needs a debt haircut, which Germany rejects. Ms Lagarde suggested agreeing a deal whereby the IMF would stay on board in the bailout, as Berlin wants, but not pay out further aid until debt relief measures are clarified.

    "There can therefore be a programme in which the disbursement only takes place when the debt measures have been clearly outlined by the creditors," she told German newspaper Handelsblatt.

    The compromise could allow eurozone finance ministers to give the go-ahead for their next payment of their tranche of aid at their meeting on 15 June, Handelsblatt said. "It is a possibility for an agreement," Ms Lagarde said.

  11. Computer says no

    Apple's annual Worldwide Developers Conference starts in San Francisco very shortly. It's expected to reveal updates to its major platforms, such as iOS and Siri, and maybe some new hardware as well.

    The shindig is being livestreamed - but only if you're using an approved device or browser, unlike this one (Chrome, of course):

    Apple.com