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New York Times sues Microsoft, Open AI over copyright infringement

The technology firms relied on millions of copyrighted articles to train chatbots like ChatGPT and other features, allegedly causing billions of dollars in statutory and actual damages, the NYT said

The late-night email to Tim Cook that set the Apple Watch saga in motion

Masimo's goal, people close to the matter say, was for the ITC to impose its ban in the summer

Chinese carmaker BYD Co overtakes Tesla as world's most popular EV maker

In a sector still dominated by more familiar names like Toyota Motor Corp., Volkswagen AG and General Motors Co., Chinese manufacturers including BYD and SAIC Motor Corp. are making serious inroads

Apple's iPhone design chief enlisted by Ive, Altman to work on AI devices

Tan will lead hardware engineering at the project while working at LoveFrom, the people said

Govt's crackdown on alternative investment funds puts industry on watch

The top seven shadow lenders in the country had invested around $1.35 billion in these so-called AIFs, according to their most recent annual reports

Indian refiners seek to boost Middle East supplies as attack delays cargoes

Shippers turned cautious about entering the Red Sea in recent weeks due to multiple attacks by Yemen's Iran-backed Houthi rebels

Tesla planning to revamp smash hit model Y from Shanghai plant: Report

Earlier this year, Tesla revamped its six-year-old Model 3 sedan with a sleeker look and longer range to attract customers

Apple to fight watch ban in court after White House declines to act

Apple had already stopped selling its Series 9 and Ultra 2 watches in its online store and US retail outlets

Chinese carmaker BYD overtakes Tesla as world's most popular EV maker

Analysts expect BYD to launch its third-generation EVs next year offering more technology, such as automated-driving capabilities

China appoints new navy chief amid mounting South China Sea tensions

Hu Zhongming was promoted to the rank of general at a ceremony in Beijing attended by President Xi Jinping on Monday, the official Xinhua News Agency reported

China unveils Hu Zhongming as new naval chief amid rising maritime tensions

Hu Zhongming was promoted to the rank of general at a ceremony in Beijing attended by President Xi Jinping on Monday

Samsung Electronics delays production at new US chip plant to 2025: Report

Revisions to TSMC's and Samsung's plans would mean their new plants, worth tens of billions of dollars, may only come online after the US presidential election next year

Israel to increase defence spending by at least $8 billion as war rages

The ministry, in a document presented to parliament on Monday, said the overall 2024 budget will probably have to total 562 billion shekels

BOJ Governor Ueda sees benefits of positive inflation on policy process

"I believe that greater economic stability as a result of securing room for monetary policy responses will have significant positive effect on firms as they formulate their business plans," Ueda said

Bracing for more sanctions, says Bank of Russia governor amid Ukraine war

The US announced Friday that it would use sanctions against banks that facilitate deals in which Russia procures semiconductors, ball bearings and other equipment necessary for its war machine

Maersk prepares to resume shipping via Red Sea under US-led protection

Houthi attacks on merchant ships have caused widespread avoidance of the southern Red Sea by the merchant fleet moving everything from manufactured goods and grains to oil and gas

Google rejected Play Store fee changes due to revenue impact: Epic Lawsuit

Google created Project Everest in 2021 to reconsider the Play Store billing model, according to the documents, which were released as part of an antitrust suit by Epic Games Inc

Micron settles high-profile IP theft lawsuit amid push to repair China ties

The settlement comes months after the Chinese government in May barred Micron's chips from "critical infrastructure" over cybersecurity concerns

Iran army demonstrates its military might as Gaza, Red Sea conflicts grow

The Islamic Republic has consistently denied all allegations of involvement in the attacks on commercial shippers, which have escalated since the conflict in Gaza began October 7

Iran's foreign minister dismisses US claims of them backing Houthi rebels

The White House, citing newly released intelligence, said Friday that Iran was "deeply involved" in the planning of the Houthi attacks and has supplied weapons, financial support and training