US Conducts New Strikes In Iran Around Hormuz Strait After Drone Intercepts

Apple's OpenAI Trade-Secret War Ramps Up With Preservation Letters To Dozens Of Ex-Employees Apple's legal fight with OpenAI is spilling well beyond the courtroom. A week after suing the ChatGPT maker over alleged theft of its hardware secrets, Apple's lawyers have sent personal document-preservation letters to about 40 former Apple employees now working at OpenAI, according to the Financial Times - roughly 10 percent of the some 400 ex-Apple staff now at the company. The letters direct recipients to retain records and demand meetings with Apple's attorneys, FT reports, a breadth...

FERC Will Impose Reforms If PJM Fails To Adopt Changes By September, Chairman Warns By Ethan Howland of UtilityDive The PJM Interconnection has until the end of September to agree to governance and stakeholder reforms or the Federal Energy Regulatory Commission will impose them, the agency’s chairman, Laura Swett, said Thursday. “PJM is facing a grave legitimacy crisis,” Swett said at a technical conference FERC held on the grid operator’s governance issues. “Some transmission owners are openly discussing leaving the RTO altogether. Put plainly, market participants have lost confidence in PJM’s decision-making...

Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort entirely misdiagnosed the problem with the airline industry, leading to an intervention that strengthened the very oligopoly they set out to fight.