Apple has filed a lawsuit against OpenAI in Northern California, accusing the AI company of stealing trade secrets to develop its own consumer hardware. The suit claims OpenAI's chief hardware officer, a former Apple VP, directed Apple employees to share confidential information during job interviews. Apple also alleges that OpenAI coached departing employees to evade security and stole an Apple laptop. This legal action marks a sharp turn in relations after their 2024 partnership integrating ChatGPT into iPhones. Apple seeks damages, injunctions, and a halt to OpenAI's use of its trade secrets.
The Vanguard Information Technology Index Fund ETF (VGT) is heavily concentrated in just three tech giants: Apple, Microsoft, and NVIDIA, which make up about 39% of the fund. This concentration poses a risk for long-term holders who face significant ...
After holding a record $397.4 billion cash pile and selling stocks for 14 consecutive quarters, Berkshire Hathaway has shifted strategy. In Q2 2026, under CEO Greg Abel, the company became a net buyer of stocks again, purchasing about $20 billion mor...
Berkshire Hathaway reported a 16% increase in operating earnings for Q2, reaching $12.98 billion, driven by strong performance in energy, railroad, and manufacturing sectors. CEO Greg Abel, who took over from Warren Buffett, is actively deploying the...
OpenAI is developing a new $300 smart home speaker shaped like a doughnut, designed to be portable and AI-powered, with cameras and sensors to interact more naturally with users. Set for a 2027 launch, this device aims to stand out from competitors l...
Vanguard's Total Stock Market ETF (VTI) charges the same low fee as its S&P 500 ETF (VOO) but has consistently underperformed it over 1, 5, and 10 years. Although VTI holds around 3,600 stocks, its market-cap weighting means the top five tech giants ...
