Author: Ewang Johnson

Apple just dropped a legal bombshell that could derail OpenAI’s highly anticipated IPO. The Cupertino giant filed a trade secrets lawsuit last Friday alleging systematic misconduct involving more than 400 former Apple employees now working at the AI startup, with accusations reaching all the way to OpenAI’s chief hardware officer. The timing couldn’t be worse…

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San Francisco just threw down the gauntlet on AI-generated deepfakes. City Attorney David Chiu sent formal letters to both Apple and Google demanding they immediately purge so-called ‘nudify’ apps from their app stores, arguing the companies have knowingly violated California law by hosting apps that generate non-consensual intimate images. The move marks one of the…

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Escalating US-Iran tensions drove crude oil benchmarks up over 4%, contributing to a broader equity sell-off. Major US indices declined as investors braced for upcoming tech earnings, with the Nasdaq falling 1.40%. While memory stocks stabilized, tech sectors faced downward pressure, exacerbated by SpaceX’s aborted launch. Macro data reveals a complex landscape: July consumer confidence…

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SpaceX is in discussions with the U.S. Department of Defense to supply significant data center capacity for Pentagon AI workloads. This potential agreement is valued at billions of dollars and could impact the AI infrastructure market and enterprise buyers. SpaceX already has existing computing deals with companies like Google, Anthropic, and Reflection AI.

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