The floating thing on the iPhone 14 is actually a new feature called "Floating Widgets." With the introduction of iOS 16, Apple has implemented a multitasking enhancement that allows widgets to float above other apps on the home screen. This feature provides users with quick access to important information without needing to fully open an app. By tapping and holding a widget, it can be dragged and placed in a convenient spot on the screen. The floating widgets can be resized and interacted with, enabling users to view real-time updates, perform actions, or access specific features directly from the home screen, enhancing productivity and efficiency. This new feature adds a level of customization and ease of use to the iPhone 14, enriching the overall user experience.