Monday’s lawsuit filed in Texas by X and Elon Musk’s (pictured in March at the White House in Washington, D.C.) xAI, an artificial intelligence startup he launched in 2023, accused Apple and OpenAI of an “anticompetitive scheme” and alleged the two “colluded” in order to keep a monopoly in the generative AI business markets. Photo…
Federal Reserve Chair Jerome Powell, seen here at a press conference at the Federal Reserve in Washington, D.C. in July. He gave a speech about the economy on Friday, but did not specifically mention interest rate cuts. Photo by Bonnie Cash/UPI | License Photo Aug. 22 (UPI) — Federal Reserve Chairman Jerome Powell on Friday…
Aug. 22 (UPI) — Elon Musk tried to convince Meta CEO Mark Zuckerberg to get behind a joint purchase bid for OpenAI earlier this year, according to court documents. The news comes as OpenAI seeks communications between the billionaires as part of the San Francisco-based tech firm’s ongoing court battle with Musk. OpenAI has filed…
U.S. Director of National Intelligence Tulsi Gabbard said Monday that the U.K. had agreed to drop its mandate for iPhone-maker Apple to provide a “backdoor” that would have enabled access to the protected encrypted data of American citizens. Gabbard issued the statement on X, saying she had worked for months with the U.K., together with…
China said Monday it is prepared to make its greatest effort toward a peaceful “reunification” with Taiwan, the foreign ministry said, responding to comments by U.S. President Donald Trump. Trump told Fox News last Friday that Chinese President Xi Jinping assured him over a phone call that China would not invade Taiwan while Trump remains…
Trade negotiations continue to be an important and complex issue for agriculture with recent weeks bringing new agreements and ongoing negotiations between the United States and China. The United States has announced several new trade agreements, including a deal with Japan July 22 and a deal with the European Union July 27. Cornell University ag…
U.S. President Donald Trump has claimed that Chinese leader Xi Jinping told him he would not invade democratic Taiwan as long as the American president remains in office. Trump made the comments Friday in an interview ahead of his highly anticipated summit in Alaska with Russian leader Vladimir Putin over Moscow’s war in Ukraine. “I…
Aug. 12 (UPI) — Elon Musk threatened to sue Apple for allegedly burying his Grok AI app under competing offerings in its App Store. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation,” Musk posted…
Aug. 10 (UPI) — President Donald Trump announced Sunday that he would hold a press conference at the White House on Monday to present his plan to “stop violent crime” in the nation’s capital after the attempted carjacking on former DOGE staffer Edward Coristine, known by the pseudonym Big Balls. Trump made the announcement on…
Aug. 9 (UPI) — The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she wants three rate cuts this year. Federal Reserve Gov. Michelle “Miki” Bowman dissented from the Federal Open Market Committee’s decision last week to maintain the current Fed rate…