Apple has filed new evidence in its lawsuit claiming former employee Chang Liu stole confidential trade secrets to benefit OpenAI. The evidence includes use of a secret Apple circuit schematic and an internal tool name in Liu's work at OpenAI. Apple alleges Liu and an OpenAI colleague destroyed evidence after learning of the investigation. OpenAI denies wrongdoing, attributing access issues to Apple's system management. Apple seeks a court order to block OpenAI from using its technology in hardware and expedited evidence gathering, citing over 400 former Apple employees now at OpenAI.
JPMorgan introduced two new ETFs, ROCY and ROCQ, designed to reduce the tax burden on income for investors holding shares in taxable accounts. Unlike JEPI, which generates mostly ordinary income taxable annually, these new funds focus on return-of-ca...
Apple veteran Phil Schiller has stepped down from his role overseeing the App Store and product events, remaining at the company as an Apple Fellow. The App Store will now be managed under Apple's Services division, led by Eddy Cue, with Carson Olive...
Tim Cook is stepping down as Apple CEO after 15 years, during which he led the company to historic milestones including becoming the first U.S. company to reach a $1 trillion market cap. He will remain as executive chairman, with John Ternus, Apple's...
Apple's longtime CEO Tim Cook has stepped down after 15 years, passing leadership to John Ternus, head of hardware. Ternus faces challenges including a tough AI rollout, a global chip shortage causing price hikes, and upcoming major product launches ...
Phil Schiller, head of Apple's App Store since 2015, has stepped down but remains at Apple as a Fellow, signaling a gradual exit amid a wave of top executive departures including COO Jeff Williams and Apple Pay head Jennifer Bailey. Schiller led the ...
