
OpenAI Rejects Apple Trade Secret Theft Claims
Sep 01, 2026 05:49 am UTC| Business Technology Law
OpenAI has denied Apples allegations that it obtained confidential trade secrets through former Apple employees, arguing that the iPhone maker has failed to provide evidence showing proprietary information was stolen. In a...

MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment
Sep 01, 2026 05:35 am UTC| Business Technology
MediaTek shares surged nearly 10% on Tuesday after Nvidia announced a $3.5 billion investment in the Taiwanese semiconductor designer, strengthening a strategic partnership focused on artificial intelligence...

South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips
Sep 01, 2026 05:29 am UTC| Politics Economy Business Technology
South Korea has proposed a record 821 trillion won ($596.92 billion) government budget for 2027, sharply increasing fiscal spending as the country seeks to strengthen its position in artificial intelligence, semiconductors...

Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates
Aug 31, 2026 21:28 pm UTC| Business Technology
Apple veteran Phil Schiller has stepped away from overseeing the App Store and the companys high-profile product launch events, marking another major leadership change as the iPhone maker prepares for a new era under...

SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says
Aug 31, 2026 21:24 pm UTC| Business Technology
SpaceX (NASDAQ: SPCX) could spend between $50 billion and $130 billion, including spectrum costs, to develop a standalone terrestrial network supporting its direct-to-device mobile service, according to Bernstein analysts....

Faraday Future Delivers First Robots in Middle East, Plans September Launches
Aug 31, 2026 00:41 am UTC| Business Technology
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has completed its first robotics sale and delivery in the Middle East, marking an early milestone in the electric vehicle and AI technology companys regional...

Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns
Aug 28, 2026 21:11 pm UTC| Business Technology
Pinterest Inc. (NYSE: PINS) shares fell sharply in after-hours trading on Friday after the social media company announced the resignation of Chief Financial Officer Julia Brau Donnelly, prompting investor attention on the...