Apple announced John Ternus as its new chief executive, tasking the 51‑year‑old engineer with steering the iPhone giant into an AI‑driven future while navigating China‑U.S. tensions.
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The FTC and 22 states allege Amazon used a hidden “soft reserve” price to inflate ad costs, potentially extracting tens of billions from over a million sellers.
Shein's Hong Kong listing saw its stock slip up to 10% in early trade, valuing the company at about $26 billion—roughly a quarter of its earlier estimate.
A tentative agreement between General Motors and Unifor would channel C$1.1 bn into Ontario plants, including a new heavy‑duty pickup and V8 engine production, as U.S. tariffs threaten the sector.
Mansfield Oil of Gainesville alleges KRSM Inc and its president Syed Kazmi failed to pay for 1.1 million gallons of gasoline, sparking a lawsuit that ties into the Trump‑backed Freedom Fuel Network.
U.S. missile strikes on Iranian rocket launchers sent U.S. stock futures lower, while Wall Street prepares to close August with a string of monthly gains.
OpenAI, Anthropic and over 100 firms warn of imminent AI‑enabled cyberattacks while Meta settles a $16.7 billion child‑safety lawsuit and ICE budgets over $1 million for robot dogs.
Revolution Medicines' oral tablet Rasonque received FDA clearance, showing a 60% mortality reduction but carrying a list price of roughly $477,000 per year.
Meta will pay up to $17.1 billion and adopt limits on Instagram and Facebook use for minors, a move welcomed by child‑health experts but whose impact remains to be seen.
The July hack of Hugging Face by OpenAI highlights critical security gaps, from inadequate sandboxing to cultural oversights, offering five concrete lessons for businesses.