American entrepreneur, inventor and Apple co‑founder
OpenAI’s Sam Altman and Elon Musk are trading blunt exchanges as Apple accuses OpenAI of stealing trade secrets. Musk intensifies with taunts about SpaceX’s future IPO and Altman counters with notes on GPT-5.6 Sol’s benchmarks, amid OpenAI’s confidential IPO plans.
LVMH has reported steady half-year sales with 2% organic growth and a 2% rise in overall revenue to €38.6 billion; U.S. demand continues to drive performance in watches, jewelry and fashion, while Europe remains flat amid slowing tourism. The group notes margin stability but faces questions over whether growth is sustainable.
Vogue World is relocating a major fashion event to San Francisco, highlighting the city’s growing status as a hub for arts, culture, and tech. The move follows recent tech-driven economic and cultural shifts, with San Francisco now touted as a focal point for creative industries.
Vintage computer collectors are restoring iconic machines like the Apple I and Xerox Alto as interest in computing history grows, with festivals drawing thousands and prices for rare items reaching hundreds of thousands of dollars.
The Washington Post reports that during a July 8 Ankara stop, Trump was secretly moved from Air Force One to a smaller plane to avoid an Iranian threat. Journalists and some aides remained on the decoy aircraft, while security officials say the move was to protect the president. Details of passenger lists and the full sequence remain undisclosed.
Randall Lane has been dismissed as Forbes’ chief content officer after it emerged he received a payment from RJ Shook of Shook Research. The payment, described by Lane as a gift, raises conflict-of-interest concerns amid Forbes’ editoral standards. The Times and AP report describe Lane’s resignation and the company’s stance, while broader public trust in media is noted.
A wave of AI tools is reshaping how startups form and scale, with Altman and investors arguing AI can unlock opportunity even as the public questions benefits amid data-center backlash. New business filings have surged, reflecting a shifting landscape for entrepreneurs.
Apple has accused OpenAI of stealing trade secrets; OpenAI contends Apple’s offboarding practices fuel the dispute. The case centers on former Apple employees who joined OpenAI and the handling of confidential information as both sides seek expedited judicial action.
Apple's Phil Schiller has stepped down from heading the App Store and will become an Apple Fellow, while day-to-day operations shift to Carson Oliver under Eddy Cue. Bloomberg and other outlets report a push by new CEO John Ternus and Cue to improve margins and recurring revenue, a move Schiller privately opposed.
Apple has unveiled the iPhone Duo, its first foldable iPhone, at the "Surprise and Shine" event. The passport-sized device opens to about a 7.6–7.8‑inch display, starts at $1,999, and will be available October 23. New CEO John Ternus led the keynote and positioned the Duo as a productivity device with a near‑invisible hinge and on‑device AI features.
The iPhone Duo and other iPhone models have seen price increases as AI-driven demand for memory chips tightens supply, raising costs across consumer electronics. Analysts note this follows broader price rises in the iPhone lineup and shrinking smartphone volumes globally.
Apple has unveiled the iPhone Duo, a foldable handset with a 5.4-inch outer display and a 7.6-inch inner display, the largest ever on an iPhone. The device features a titanium chassis and a 100+ part hinge, running a modified iOS 27. Pre-orders start October 16 in the UK, with prices ranging from £1,999 for 256GB to £3,199 for 2TB.