7 Day Summary

Tech faces scrutiny as Apple owes Masimo millions for patent infringements, and Google proposes EU ad remedies amidst antitrust concerns. Succession plans intensify at Apple, while OpenAI's financials with Microsoft are exposed. The US risks losing AI dominance, even as debt finances the AI boom and Dutch banks embrace AI job cuts.

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Apple Faces $634M Penalty

Apple Faces $634M Penalty

Apple owes Masimo $634M for infringing blood oxygen monitoring patent.

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Google Offers EU Ad Remedies

Google Offers EU Ad Remedies

Google proposes changes to its ad tech business in the EU to avoid a break-up after a €2.95 billion fine.

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Apple Succession Plan Intensifies

Apple Succession Plan Intensifies

Apple prepares for Tim Cook's potential departure, eyeing John Ternus as successor.

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OpenAI's Payments to Microsoft Exposed

OpenAI's Payments to Microsoft Exposed

Leaked documents expose OpenAI's payments to Microsoft, revealing significant revenue sharing and inference costs.

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Berkshire Bets on Alphabet

Berkshire Bets on Alphabet

Berkshire Hathaway invests $4.3B in Alphabet, trims Apple holdings.

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US Losing AI Dominance

US Losing AI Dominance

Databricks co-founder warns US is losing AI research dominance to China.

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AI Boom Backed by Debt

AI Boom Backed by Debt

AI investment is heavily financed by debt, raising concerns about long-term stability.

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Tether Eyes Robotics Investment

Tether Eyes Robotics Investment

Tether considers a €1 billion investment in a German robotics start-up.

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Google Faces Antitrust Fine

Google Faces Antitrust Fine

Google must pay €572M for antitrust violations in German price comparison sector.

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Burry Shuts Scion Capital

Burry Shuts Scion Capital

Michael Burry closes Scion Capital, citing concerns over inflated AI and tech valuations.

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