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Apple Sues OpenAI Alleging Trade Secret Theft In Blockbuster AI Hardware Case

Apple Sues OpenAI Alleging Trade Secret Theft In Blockbuster AI Hardware Case Apple has filed a major lawsuit in the U.S. District Court for the Northern District of California accusing OpenAI, io Products, and former Apple executives of misappropriating trade secrets to fast-track AI hardware development. The complaint details a months-long scheme involving former Apple employees now at OpenAI. Key defendants include Tang Tan (OpenAI hardware lead and ex-Apple VP of product design) and Chang Liu (former Apple senior electrical engineer). Apple alleges they directed recruits to share confidential details on...
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May 17, 2026 / Tyler Durden
Americans Face The Highest Memorial Day Gas Prices On Record
Americans Face The Highest Memorial Day Gas Prices On Record The nationwide average price of regular gasoline marginally increased on Thursday, after five straight days of decline, the American Automobile Association (AAA) said in a May 14 statement. The national average price is “at the same range as it was in 2022, the year gas prices hit record highs. Travelers are preparing to hit the road in record numbers next week, and drivers will be facing the highest Memorial Day gas prices in four years,” AAA said. On Friday, prices declined less...
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Jun 20, 2026 / Tyler Durden
Agri Markets Hit By "Aggressive Positioning Washout" But Supply Risks Linger
Agri Markets Hit By "Aggressive Positioning Washout" But Supply Risks Linger The Bloomberg Agriculture Spot Index has nearly reversed its US-Iran war gains in recent weeks, as sliding fertilizer and energy prices, along with an interim peace deal between Washington and Tehran, have reopened the Strait of Hormuz and initiated the normalization process. Daryna Kovalska, a commodity strategist at BofA Global Research, told clients that, with agricultural markets having undergone an aggressive positioning washout, there is reason to believe the selloff in the corn market is overdone. Kovalska pointed out that while...
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Feb 22, 2026 / Jason Ditz
Iraq May Drop Maliki as PM Candidate After US Threats
Once and possibly future Iraqi Prime Minister Nouri al-Maliki’s candidacy is increasingly in doubt this weekend, with reports that President Trump’s demand he not be allowed to return to office increasing the possibility that the Coordination Framework bloc may withdraw him as their choice for premier. Last year’s Iraq elections ended with the usual deeply […]
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