Apple is facing internal turmoil as it struggles to fix major AI failures in Siri, with a top executive calling the delays "ugly and embarrassing" after the company prematurely marketed features that weren't ready. These delays highlight Apple's ongoing struggles in AI, particularly as competitors like OpenAI, Google, Amazon, and Microsoft advance rapidly.
SpaceX has denied allegations that its Starlink satellite unit aims to take over Verizon's $2.4 billion telecommunications contract with the Federal Aviation Administration (FAA). This comes amidst speculation about Elon Musk's influence in the Trump administration and criticism of Verizon's implementation pace.
The escalating trade war initiated by President Trump could lead to a significant price hike for Boeing aircraft, potentially tipping the scales in favor of European competitor Airbus. This could have far-reaching implications for the global aviation industry, as airlines may turn to Airbus for their new aircraft, giving them control of a larger share of the market.
Vice President JD Vance has announced that a deal to keep TikTok operating in the U.S. under American ownership is close to being finalized, potentially avoiding a nationwide ban on the popular app. This agreement would see TikTok's Chinese parent company, ByteDance, sell the app to a U.S. buyer, addressing national security concerns raised by the Biden administration.
President Donald Trump's publicity stunt for Tesla at the White House has not resulted in a significant increase in sales, according to a recent report. Despite the high-profile event, Tesla's U.S. inventory levels remained relatively stable, suggesting that the event had minimal impact on consumer demand.