Apple has filed a lawsuit against OpenAI and two former employees, accusing them of stealing Apple's trade secrets related to unreleased technology. The suit claims that the ex-employees, Chang Liu and Tang Yew Tan, took confidential information when they joined OpenAI in 2024 and 2025. Apple emphasizes the importance of protecting its innovations and is taking legal action to stop the misuse of its intellectual property. The case is ongoing and highlights tensions over tech secrets in the AI industry.
Jefferies downgraded Apple stock to 'Underperform' and cut its 12-month price target to $263.66, citing the cancellation of Apple's planned all-glass iPhone for 2027 due to production yield problems and rising memory costs. The analyst forecasts a po...
GameStop is reconsidering its $56 billion acquisition offer for eBay and exploring alternatives like partnerships or joint ventures, amid a 28% drop in its shares since May. Apple will raise the price of its 256GB iPhone 18 Pro by about 38% in Q3 due...
Apple will distribute a $0.27 quarterly dividend per share on August 13, 2026, unchanged from the previous quarter, rewarding shareholders with steady income. The dividend continues Apple's 15-year streak of annual increases, supported by strong cash...
The Global X Artificial Intelligence and Technology ETF (AIQ) provides dynamic exposure to leading AI and big data companies through systematic rebalancing and thematic screening, reducing risk from single stocks. With over $10 billion in assets unde...
Apple has been testing memory chips from China's CXMT across products like iPhones and MacBooks to address shortages caused by the AI boom. The company held early talks with CXMT, China's largest chipmaker by market value, aiming to use these chips i...
