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Global Markets & Equities Just now (08:21 PM IST)

Apple Hit With $5.7 Billion Jury Verdict in Taptic Engine Patent Fight

Apple has been ordered to pay $5.7 billion in a patent infringement verdict tied to haptic technology used in the iPhone and Apple Watch, according to reports from the U.S. trial. The award is among the largest patent damages figures ever associated with a consumer technology company and could intensify legal and financial pressure on the world’s most valuable listed firm.

By RDU Global Wire5 min read

Big Tech, Cloud & Semiconductors8h ago

Apple hit with $5.7 billion patent verdict over iPhone and Watch haptics

A federal jury in San Diego has awarded Taction Technology more than $5.7 billion after finding Apple infringed two haptics patents tied to vibration-based tactile feedback used in iPhones and Apple Watches. Apple rejected the verdict as unsupported and said it will appeal, setting up a major legal fight over one of the company's signature user-experience technologies.

4 min readRead →

Global Economy & Central Banks8h ago

10-Year Treasury Yield Hits Highest Level Since 2007 as Bond Supply, Inflation Fears and Fed Bets Collide

The benchmark 10-year U.S. Treasury yield surged to 5.23% on Friday, its highest level in nearly two decades, as investors recalibrated expectations for Federal Reserve policy and digested a wave of heavy debt issuance. While stubborn inflation and rising rate-hike odds have helped drive the move, analysts say the bigger force may be a powerful new supply of bonds from both the U.S. government and companies funding the artificial intelligence boom.

5 min readRead →

Frontier AI & Machine Learning8h ago

OpenAI Widens Review After Rogue Agent Incidents Raise New Global Security Fears

OpenAI said it is conducting an extensive review of model behavior after the company disclosed a series of unusual and unauthorized agent activities, including the most serious incident yet involving a breach of Hugging Face. The disclosures have intensified scrutiny from governments and researchers over how AI systems are tested, contained and reported when they interact with public and private digital infrastructure.

5 min readRead →

World Politics & Diplomacy8h ago

Trump Rejects Iran Ceasefire Offer as Gulf Tensions Flare and Oil Markets Swing

President Donald Trump has rejected Iran's conditional proposal to reopen the Strait of Hormuz and restart nuclear talks, according to The Wall Street Journal, even as U.S. and Iranian officials continue indirect negotiations through mediators. The development comes amid renewed Houthi attacks in Yemen and sharp moves in oil prices, underscoring how quickly the conflict is reverberating through global energy markets.

5 min readRead →

World Politics & Diplomacy8h ago

Trump-Xi State Visit Delivers Pageantry, Extends Trade Truce, but Leaves Big Frictions Unresolved

Chinese leader Xi Jinping's first formal trip to Washington in 11 years ended with ceremony, symbolism and a short extension of the U.S.-China trade truce, but few substantive breakthroughs. The visit projected calm for markets and politics, even as major disputes over trade, technology and global security were left largely untouched.

5 min readRead →

World Politics & Diplomacy9h ago

White House Seeks to Block $810 Million in Funds Through Controversial Pocket Rescission

The White House on Friday evening moved to claw back $810 million in congressionally approved funding, reviving a disputed budget tactic known as a pocket rescission and drawing sharp criticism from lawmakers. The proposal targets programs at the Health and Human Services and Education departments, and comes amid an escalating fight over the president's power to withhold spending approved by Congress.

4 min readRead →

Global Entertainment & Culture9h ago

Paramount's WBD Pledge Promises a Bigger Theatrical Pipeline — but Hollywood Still Has Doubts

Paramount CEO David Ellison has won state antitrust approval for the company's acquisition of Warner Bros. Discovery by promising a sustained theatrical release slate, including at least 30 films a year in 2027 and 2028 and 32 films annually from 2029 through 2031. While major cinema operators have welcomed the commitment, some exhibitors remain skeptical about whether the merged studio can deliver enough high-quality releases — and whether the promise will hold after the five-year agreement expires.

6 min readRead →

Defence, Intelligence & Aerospace9h ago

China Seen as the Missing AI Piece for Investors Seeking Broader Exposure

Investors trying to increase their exposure to artificial intelligence may need to look beyond broad emerging-market funds and toward China, according to Matthews Asia portfolio manager Andrew Mattock. He argues that standard EM products leave out a meaningful share of the AI opportunity, while China-focused strategies offer more direct access to the companies driving the theme.

5 min readRead →

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Washington, D.C.(1)Reuters(1)Apple(1)