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The complaint claims Apple's actions harmed iPhone sales and stock prices, leading to substantial investor losses.
Apple was sued by shareholders for allegedly downplaying the time needed to add advanced AI to Siri, which they claim ...
The interest from both Silicon Valley giants raises an important question: why are they eyeing a much smaller company like Perplexity?
Apple CEO Tim Cook, Chief Financial Officer Kevan Parekh and former CFO Luca Maestri are also defendants in the lawsuit.
Apple is facing long delays with Siri AI so the company might be looking at other ways to get going against Google and OpenAI ...
Apple Inc executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup ...
Apple deserves criticism for lagging behind Google and Microsoft, but when it comes to practicality, the Mac isn't practically gasping for an AI magic pill.
Apple is reportedly considering its most ambitious acquisition yet: AI startup Perplexity, whose AI-driven search engine and ...
Apple is continuing to face fallout from its Apple Intelligence rollout. As spotted by Reuters, Apple shareholders have sued ...
Apple (NASDAQ:AAPL) stock has been one of the biggest laggards in the Magnificent Seven in recent years. The company is ...
Apple shareholders are taking the company to court with a class action lawsuit for allegedly misleading them regarding Apple Intelligence and Siri's arrival.
It's not like Apple trades at a cheap earnings ratio to reflect this stagnant growth. Apple has a price-to-earnings ratio (P/E) of 31, compared to Alphabet's, which is less than 20. This makes Apple ...