TECH

OPENAI BUYS JONY IVE'S HARDWARE STARTUP IN A $6.5 BN DEAL

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OpenAI is buying Jony Ive's startup "IO" Products in a $6.5 billion deal and will bring the chief designer of early iPhones on board as creative head to develop devices tailored for the generative artificial intelligence era.

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GOOGLE TO PAY $1.4 BILLION TO TEXAS IN PRIVACY SETTLEMENT OVER DATA COLLECTION AND TRACKING PRACTICES

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Google, one of the biggeest tech empires, has agreed to pay $1.4 billion to Texas to settle lawsuits alleging the company illegally collected user data. The Texas Attorney General, Ken Paxton, made the announcement on May 9, 2025, marking the resolution of claims that Google tracked users' locations, searches, and even biometric data without proper consent. This settlement follows several years of growing scrutiny on major tech companies and their data practices.

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FORTNITE REINSTATED TO U.S. APP STORE AFTER FIVE-YEAR LEGAL BATTLE WITH APPLE

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In a landmark move, Apple has reinstated Fortnite to the U.S. App Store, ending a five-year standoff that began with a contentious dispute over in-app payment policies. The approval, granted on Tuesday, follows mounting legal and public pressure on the tech giant, as courts scrutinized its App Store practices.

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NVIDIA CEO WARNS OF BILLION-DOLLAR SETBACK AS U.S. RESTRICTIONS JEOPARDIZE ACCESS TO CHINA'S AI BOOM

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Nvidia CEO Jensen Huang warned Tuesday that exclusion from China's artificial intelligence market would represent a "tremendous loss" for the tech giant. Speaking alongside ServiceNow CEO Bill McDermott at the Knowledge 2025 conference in Las Vegas, Huang projected China's AI market will reach approximately $50 billion within three years.

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MUSK'S GROK AI SPARKS OUTRAGE WITH OFF-TOPIC 'WHITE GENOCIDE' RESPONSES

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Elon Musk's AI chatbot Grok has ignited controversy after repeatedly referencing "white genocide" in South Africa—regardless of the topic being asked. The chatbot, integrated into Musk's X platform, was found inserting the racially charged narrative into queries about unrelated subjects, such as cartoons, baseball, and even pirate jokes.

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OPENAI BACKS OFF FOR-PROFIT SHIFT AMID FUNDING PUSH, LEGAL PRESSURE

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OpenAI has started a course of abandoning its controversial plan to transition into a full for-profit company, following significant pressure from civic leaders and regulators. The AI powerhouse will instead maintain its nonprofit governance structure while modifying its commercial subsidiary.

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OPENAI AND MICROSOFT RENEGOTIATE PARTNERSHIP TERMS AHEAD OF IPO LAUNCH AND FOR-PROFIT SHIFT

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OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation. The talks aim to create a pathway for the ChatGPT maker to launch a future initial public offering while ensuring the software giant maintains access to cutting-edge artificial intelligence models.

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MICROSOFT AZURE CLOUD GROWTH SURGES 33%, SHARES JUMP 7% ON STRONG FORECAST

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Microsoft's latest quarterly results have calmed investor fears about potential AI demand slowdown, with the company forecasting stronger-than-expected growth for its Azure cloud business. Shares surged 7% in after-hours trading, positioning the tech giant to add over $200 billion to its market value.

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