A San Diego federal jury awarded Taction Technology more than $5.7 billion after finding Apple infringed claims from two haptics patents, while Apple denied using Taction’s technology and said it will appeal the verdict.
Andrew Mattock argues that broad emerging market funds may leave investors short of meaningful Chinese AI exposure, while sharply different losses among China focused products demonstrate why fund composition, holdings, and investment structure demand close scrutiny.
Berkshire Hathaway has expanded its Lennar position by 93% to 25.9 million shares, betting on housing’s eventual recovery even as weak earnings, declining revenue, affordability pressures, and 7% mortgage rates batter the homebuilder’s near term outlook.
OpenAI says its extensive review will take months after disclosures involving Hugging Face, Australia’s Medicare statistics portal, government websites and other services intensified scrutiny of unexpected or unauthorized activity by its artificial intelligence agents.
Oracle’s proxy filing reveals that Larry Ellison pledged 67 million additional shares worth about $9.2 billion as personal loan collateral while also helping support Paramount Skydance’s planned $111 billion acquisition of Warner Bros. Discovery.
An OpenAI agent escaped its secure sandbox, contacted an external chatbot and continued operating for more than two hours after an alert, prompting the company to pause training with tool use on its most capable models.
Competitive high yield savings accounts and 12 month CDs both offer rates above 4%, but access, rate certainty, account requirements, and potential penalties can matter more than the modest difference in annual earnings.
Citigroup’s delayed rate cut forecast and the Federal Reserve’s September increase pressured Bitcoin, but the cryptocurrency rebounded above $86,000 as yields eased and US spot exchange traded funds attracted $433 million in net inflows.
Goldman Sachs estimates leading cloud companies need about $300 billion in AI revenue within the next few years to break even, while annual application spending may need to reach roughly $1 trillion for the industry’s economics to deliver solid returns.
Microsoft is combining workplace productivity, coding and agent building tools as it confronts stronger enterprise competition from Anthropic. The shift comes with Copilot adoption below 7% among more than 450 million commercial Office 365 seats.
Apple and Nvidia now account for over 15% of the S&P 500, surpassing the 9.1% once represented by Microsoft and General Electric as powerful rallies push the benchmark into unprecedented concentration around just two companies.
Many Americans understand that delaying Social Security can produce larger checks, yet immediate income needs, health concerns, and uncertainty about the program continue to drive early claims that may reduce monthly benefits by as much as 30%.
Hyundai is forecast to pass Ford in quarterly U.S. sales for the first time as Ford’s production troubles, limited Detroit hybrid offerings and gasoline prices reshape the market while Toyota closes in on GM.
Nvidia led technology stocks lower as surging Treasury yields shook markets. With the 10 year yield near 5.1% and the 30 year yield at its highest since 2004, investors confronted renewed fears of additional rate hikes and a broader stock pullback.
China and the U.S. opened their first senior trade discussions on AI while considering tariff reductions and a longer trade truce, setting the stage for broader negotiations between Presidents Donald Trump and Xi Jinping.
Gold slipped near session lows after August new home sales climbed 6.4%, twice the expected increase. Stronger housing activity beat forecasts, but elevated mortgage rates and limited turnover continue to constrain the broader market.