Take-Two Slides Into Correction As Grand Theft Auto Leak Investigation Intensifies

The economic case for private property and the free market, including the impracticability of socialism, the failures of interventionism, and the problems of cartels, monopoly, and bureaucracy.

A "Black Mark" On Tim Cook's Resume: How Apple Missed The AI Revolution Apple's AI problems didn't become impossible to ignore because competitors released better chatbots. They became impossible to ignore when Apple itself realized it had fallen behind, according to a new feature by Bloomberg.  By early 2025, senior leaders inside the company were holding emergency-level discussions about the state of Apple's AI efforts. What was supposed to be a major leap forward—Apple Intelligence and a next-generation Siri—had instead exposed deeper weaknesses. While Google, OpenAI, Microsoft, Meta, and Anthropic were...

"A Big Win Today": Trump Cheers As Trade Court Upholds Shutdown Of $800 De Minimis Duty Exemption Authored by Matthew Vadum via The Epoch Times, The U.S. Court of International Trade on Aug. 13 upheld the Trump administration’s authority to end the de minimis exemption that allowed Americans to avoid paying duty on packages worth $800 or less. The court held in a new order that President Donald Trump had legal authority to close the exemption, which he previously said was a legal loophole that benefited foreign vendors and criminals. A company...