August 26, 2025 - 02:59

Elon Musk has taken legal action against Apple and OpenAI, claiming that both companies are conspiring to suppress competition in the artificial intelligence sector. The lawsuit, filed in a Texas federal court, spans 61 pages and accuses the tech giants of collaborating to create an uneven playing field for AI applications. This move comes after Musk publicly criticized Apple for allegedly prioritizing OpenAI's ChatGPT in the rankings of AI apps available on the iPhone's app store.
In his complaint, Musk suggests that Apple's practices have unfairly disadvantaged other AI competitors, including the Grok chatbot developed by his own company, xAI. He argues that such favoritism not only harms innovation but also restricts consumer choice in a rapidly evolving market. Musk's legal challenge reflects his ongoing concerns about the influence of major tech companies on the development and distribution of AI technologies. As the case unfolds, it could have significant implications for the future of AI competition and regulation in the tech industry.
January 20, 2026 - 05:39
Truist Financial Set to Announce Earnings Results Ahead of Market OpeningFinancial services company Truist Financial will be reporting its earnings this Wednesday before the market opens. Investors and analysts are keenly awaiting this announcement, as it provides...
January 19, 2026 - 19:29
Trump’s Greenland Acquisition Remarks Spark International TensionsPresident Trump has asserted that acquiring Greenland is essential for the United States, igniting a wave of controversy among European allies. The statement comes in the wake of his frustration...
January 19, 2026 - 00:44
Fed's Commitment to Inflation Control Seen as Positive for MarketsChuck Lieberman, Co-Founder and Chief Investment Officer at Advisors Capital Management, shared his insights regarding the current state of the U.S. economy as earnings season begins. Lieberman...
January 18, 2026 - 12:19
Broadridge's Strategic Moves in AI and Blockchain Capture Investor InterestBroadridge Financial Solutions is back in the spotlight following significant developments in its technology initiatives. In December 2025, the company reported exceptionally high repo volumes on...