financetom
Business
financetom
/
Business
/
Musk Reportedly Sues OpenAI, Apple Over Alleged iPhone 'Arrangement'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Musk Reportedly Sues OpenAI, Apple Over Alleged iPhone 'Arrangement'
Aug 25, 2025 8:46 AM

11:17 AM EDT, 08/25/2025 (MT Newswires) -- Tesla (TSLA) Chief Executive Elon Musk sued Apple ( AAPL ) and Microsoft ( MSFT )-backed (MSFT) OpenAI on Monday in federal court in Texas for allegedly illegally conspiring to curb artificial intelligence competition, according to media reports.

Apple ( AAPL ) and OpenAI did not immediately reply to requests for comment from MT Newswires.

Price: 228.84, Change: +1.08, Percent Change: +0.47

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Olaplex Q3 sales beat estimates
Olaplex Q3 sales beat estimates
Nov 6, 2025
Overview * Olaplex ( OLPX ) Q3 net sales decreased 3.8% yr/yr but beat analyst expectations * Adjusted EBITDA for Q3 beat analyst expectations * Net income for Q3 decreased 24.8% yr/yr Outlook * Olaplex ( OLPX ) reaffirms fiscal 2025 net sales guidance of $410 mln to $431 mln * Company expects adjusted gross profit margin of 70.5% to...
Warby Parker Q3 revenue misses estimates, plans to open 45 new stores
Warby Parker Q3 revenue misses estimates, plans to open 45 new stores
Nov 6, 2025
Overview * Warby Parker ( WRBY ) Q3 revenue grows 15% yr/yr but misses analyst expectations * Net income for Q3 improved by $9.9 mln to $5.9 mln * Adjusted EBITDA increased $8.4 mln to $25.7 mln Outlook * Warby Parker ( WRBY ) forecasts 2025 revenue of $871 mln to $874 mln, up about 13% * Company expects 2025...
Chimera Q3 adjusted EPS misses estimates
Chimera Q3 adjusted EPS misses estimates
Nov 6, 2025
Overview * Chimera Q3 GAAP net loss of $0.27 per share * Adjusted EPS of $0.37 missed analyst expectations * Completed acquisition of HomeXpress for $240 mln in cash and stock Outlook * Company did not provide specific financial guidance for future quarters Result Drivers * ACQUISITION STRATEGY - Co transitioned to cash in preparation for HomeXpress acquisition, aiming to...
Krispy Kreme Q3 revenue misses estimates, plans to reduce expenses
Krispy Kreme Q3 revenue misses estimates, plans to reduce expenses
Nov 6, 2025
Overview * Krispy Kreme Q3 2025 revenue slightly misses analyst expectations, declining 1.2% yr/yr * Adjusted EPS for Q3 2025 beats consensus, reflecting effective cost management * Adjusted EBITDA rises 17% yr/yr, driven by productivity and cost-saving initiatives Outlook * Company expects further improvement in adjusted EBITDA and positive free cash flow * Krispy Kreme plans to reduce capital spending...
Copyright 2023-2026 - www.financetom.com All Rights Reserved