Apple filed a lawsuit against OpenAI on Friday accusing the company of trade secret theft, revealing that more than 400 former Apple employees now work at OpenAI. Apple claims OpenAI has exploited con…
Apple sued OpenAI on Friday for stealing hardware trade secrets, alleging that more than 400 former Apple employees now work at OpenAI and that the startup used a shared manufacturing partner to copy …
South Korea's Kospi index plunged 9% on Monday, deepening a 27% loss over three weeks, as AI stock jitters collided with a retail debt crisis that saw brokerages liquidate over $100 million in retail …
OpenAI still plans to unveil its first in-house chip this year and release it in 2027, according to Bloomberg, despite facing a second trade secret theft lawsuit over its hardware ambitions.…
Apple shares have rallied 15 percent since June 25, adding nearly $600 billion in value and returning the stock to record territory, as traders sour on AI spending and view Apple's decision to avoid t…
Phia, the AI-powered shopping browser extension co-founded by Phoebe Gates and Sophia Kianni, faced two major controversies: in November 2025, security researchers revealed it was capturing full HTML …
Morgan Stanley, led by chief investment officer Mike Wilson, said the equal-weight S&P 500 has outperformed the market-cap-weighted index since mid-May, driven by stronger earnings growth across a bro…
Taiwan Semiconductor Manufacturing Co. reported June revenue jumped 68% year over year, reaching NT$1.27 trillion ($39.6 billion) for the second quarter, matching analyst estimates and signaling susta…
SK Hynix Inc. shares fell 10% on the Korea Exchange on Monday after the memory chipmaker's American depositary receipts climbed 13% in its US trading debut Friday, with the $26.5 billion offering bein…
Apple will release the first public betas of iOS 27, macOS Golden Gate, and other software this week, according to Bloomberg's Mark Gurman. The update includes a new Siri AI feature for iPhone 15 Pro …
Zhipu founder Tang Jie argued in an internal memo that frontier AI should remain open and broadly accessible, citing safety through broad participation. His stance conflicts with Beijing's reported co…
Apple is reportedly skipping the M6 Pro, M6 Max, and M6 Ultra chips to accelerate the M7 family, which will feature major neural-processing upgrades for AI performance, according to Bloomberg's Mark G…
Apple announced on June 26 that it will skip the M6 Pro and M6 Max chip variants to fast-track an AI-optimized M7 chip family expected in 2027, while locking in a $30 billion deal with Broadcom for US…
Starbucks is developing in-house replacements for enterprise software it currently licenses from IBM and Microsoft, aiming to reduce its $400 million annual software spend. The move caused IBM, Servic…
Bloomberg found that Phia, the AI shopping app founded by Phoebe Gates and Sophia Kianni, was hijacking other retailers' affiliate commissions through a practice called cookie stuffing. The browser ex…
UK Chancellor Rachel Reeves will deliver a speech at the Mansion House dinner on Tuesday, focusing on AI opportunities in financial services and announcing a 'Financial Services AI Adoption Plan' base…
Phoebe Gates' AI shopping app Phia reportedly used cookie stuffing to claim unearned affiliate sales, according to investigations by researcher Ben Edelman, Bloomberg, and Capital One Shopping. The br…
Apple has filed a lawsuit against former executive Tang Tan, accusing him of stealing trade secrets for a startup, while OpenAI poached Apple's smart glasses chief Paul Meade in June, alarming Apple w…
Helsing asked employees to switch out of an employee stock option plan in May 2026 as the European defense-AI company works toward its largest financing yet, Bloomberg reported. The change moves staff…
Apple sued OpenAI for trade secret theft, accusing the AI developer of orchestrating a campaign to steal information about upcoming Apple products. The lawsuit claims OpenAI encouraged Apple employees…