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The appeal stemmed from an antitrust lawsuit filed in 2020 by Epic Games, maker of the popular Fortnite video game. Epic lost its broader claim that Cupertino, California-based Apple was violating federal antitrust law, and the justices also rejected Epic's appeal Tuesday. That change would make it easier for developers to avoid paying Apple’s commissions ranging from 15% to 30%. Apple's shares declined by 2% in Tuesday's early afternoon trading, leaving the company with a market value of about $2.8 trillion. Apple ousted Epic from its app store after it tried to get around Apple's restrictions.

Persons: —, Apple, Apple didn't, Yvonne Gonzalez Rogers, Tim Sweeney Organizations: WASHINGTON, Epic Games, Apple, Microsoft, U.S, Google Locations: California, Cupertino , California, U.S, Apple's, Cary , North Carolina, San Ramon , California

While OpenAI later transitioned to a for-profit model, its controlling shareholder remains the nonprofit OpenAI Inc. and its board of directors. This unique structure made it possible for four OpenAI board members — the company's chief scientist, two outside tech entrepreneurs and an academic — to oust CEO Sam Altman on Friday. When it was founded, OpenAI’s original board co-chairs were Altman and Tesla CEO Elon Musk. Musk recently launched his own AI startup, xAI, to compete with OpenAI, Microsoft and Google, among others. OpenAI's board members have not responded to requests for comment.

Persons: ChatGPT, OpenAI, Sam Altman, Berkshire Hathaway, OpenAI’s, ”, Sarah Kreps, Altman, Greg Brockman, “, Kreps, Ilya Sutskever, we’ve, Adam D’Angelo, Tasha McCauley, Helen Toner, Reid Hoffman, Will Hurd, Shivon Zilis, Brockman, Elon Musk, Musk, D’Angelo, tweeting, ” He’s, Matt O'Brien, Michael Liedtke Organizations: FRANCISCO, Google, Facebook, OpenAI Inc, Cornell University’s Tech Policy Institute, Microsoft Corp, Microsoft, Georgetown Center for Security, Emerging Technology, Republican U.S . Rep, Tesla, OpenAI, Associated Press Technology Locations: Berkshire, OpenAI, Will Hurd of Texas, Providence , Rhode Island, San Francisco

The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to continue leading OpenAI,” the artificial intelligence company said in a statement. Mira Murati, OpenAI’s chief technology officer, will take over as interim CEO effective immediately, the company said, while it searches for a permanent replacement. While not trained as an AI engineer, Altman, now 38, has been seen as a Silicon Valley wunderkind since his early 20s. Forrester analyst Rowan Curran said Altman's departure, “while sudden,” does not likely reflect problems with OpenAI's business.

Persons: Sam Altman, “, Mira Murati, Altman, what’s, He's, Greg Brockman, Ilya Sutskever, Adam D’Angelo, Tasha McCauley, Helen Toner, Mira, ”, Paul Graham, “ Sam, Graham, ” OpenAI, Elon Musk, Musk, Elon ”, Rowan Curran, ” Curran, Haleluya Hadero, Kelvin Chan, Michael Liedtke, David Hamilton Organizations: Associated Press, OpenAI, Economic Cooperation, Georgetown Center for Security, Emerging Technology, Microsoft Locations: openai, London, Asia, San Francisco, New York

☆ The Adidas team working with Kanye West was given subscriptions to a meditation app and regularly had group-therapy-like sessions to deal with the stress
▼ + stars: | 2023-10-27 | by ( Alex Bitter | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Kanye West was reportedly so difficult to deal with that it took a toll on the Adidas team working with him. A New York Times investigation found that the team had to have group therapy-like sessions to deal with the stress. AdvertisementAdvertisementMembers of the Adidas team working with Kanye West were given a subscription to a meditation app and regularly had group therapy-like sessions to deal with the stress of working with the rapper, a New York Times investigation found. They were also given a subscription to a meditation app and regularly held group therapy-like sessions, the outlet reported. In 2013, the year that Adidas and Ye unveiled their partnership, the brand's sales in North America were down 1%.

Persons: Kanye, —, Ye, Hitler, Eric Liedtke, Liedtke Organizations: Adidas, New York Times, West, Service, Kanye, Times, TMZ Locations: North America

“It is no secret that Apple is making more money on Bing existing than Bing does,’’ Mikhail Parakhin, Microsoft’s chief of advertising and web services, said in U.S. District Court in Washington. Parakhin was describing Microsoft’s years of futility trying to supplant Google on Apple devices. The U.S. Department of Justice accuses Google of using similar agreements to lock out rival search engines such as Bing and Yahoo, stifling innovation. Asked by U.S. District Judge Amit Mehta whether a search engine could be built solely off machine learning, he replied: "We’ve seen companies try. One option would be to bar the Mountain View, California-based company from paying Apple and others to make Google the default search engine.

Persons: Apple, Microsoft’s Bing, Bing, ’, Mikhail Parakhin, Parakhin, Ken Smurzynski, Smurzynski, Satya Nadella, Nadella, Judge Amit Mehta, Mehta, Michael Liedtke Organizations: WASHINGTON, Google, Microsoft, Apple, U.S . Department of Justice, Bing, Yahoo, U.S, AP Locations: U.S, Washington, , California

WASHINGTON (AP) — The U.S. Justice Department pressed ahead with its antitrust case against Google Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s. Chris Barton, who worked for Google from 2004 to 2011, testified that he made it a priority to negotiate for Google to be the default search engine on mobile devices. Google counters that it dominates the internet search market because its product is better than the competition. And Barton testified that Google wasn't the only search engine seeking default status with phone companies. Google has emerged as the dominant player in internet searches, accounting for about 90% of the market.

Persons: Chris Barton, Barton, Microsoft's Bing, Trump, Judge Amit Mehta, Sundar Pichai, Larry Page, Eddy, Hal Varian, ____ Michael Liedtke Organizations: WASHINGTON, U.S . Justice Department, Google, Yahoo, Verizon, Justice Department, Inc, Apple Locations: U.S, , California

☆ Apple's about to reveal the new iPhone 15, switching up a feature it hasn't changed in 11 years
▼ + stars: | 2023-09-12 | by ( Michael Liedtke | Associated Press | ) www.businessinsider.com time to read: +5 min

The new high-end "Pro" versions of the next iPhone are rumored to include a periscope-style telephoto lens. The "Dynamic Island" found on the iPhone 14 Pro models could be making its way all versions of the iPhone 15. If the rumor mill pans out, this year's iPhone 15 Pro and Pro Max may feature a periscope-style telephoto lens that will improve the quality of photos taken from far distances. The iPhone 14 Pro starts at $1,000 while the Pro Max starts at $1,100. One of the biggest anticipated changes that Apple is expected to announce is a new way to charge the iPhone 15 models and future generations.

Persons: Max, Pro Max Organizations: Service, Apple's, Apple, Pro, Analysts Locations: Wall, Silicon, Apple's Cupertino California

☆ Today's the day: Apple is expected to reveal a 'jaw dropping' new product that faces an uphill battle
▼ + stars: | 2023-06-05 | by ( Michael Liedtke | Associated Press | ) www.businessinsider.com time to read: +8 min

It'll be the company's first major new product since the first Apple Watch in 2014. Apple's goggles are expected be sleekly designed and capable of toggling between totally virtual or augmented options, a blend sometimes known as "mixed reality." Magic LeapDaniel Diez, Magic Leap's chief transformation officer, said there are four major questions Apple's goggles will have to answer: "What can people do with it? The anticipation that Apple's goggles are going to sell for several thousand dollars already has dampened expectations for the product. But those forecasts were obviously made before it's known whether Apple might be releasing a product that alters the landscape.

Persons: It'll, Apple, Steve Jobs, hasn't, Mark Zuckerberg, Tim Cook, Cook, it's, Sergey Brin, Daniel Diez, Magic, Dan Ives, Zuckerberg, Leap's Diez Organizations: Apple, Apple Watch, Meta, Google, Microsoft, Wedbush Securities, CCS Insight Locations: Cupertino , California, Italy, San Francisco

☆ How this former Adidas executive is tackling the biggest problem in footwear with biodegradable sneakers
▼ + stars: | 2023-03-10 | by ( Matthew Kish | ) www.businessinsider.com time to read: +5 min

"It's a first of its kind," Liedtke told Insider. The Unless shoe, which retails for $139, was made in partnership with Natural Fiber Welding, which makes various materials from natural products, including plants and minerals. Jonathan Leibson/Getty Images for ADIDAS"This is a game changer," industry analyst and ARCH-USA founder Chris Burns previously told Insider. "What's unique about what Eric has done in the footwear industry is paid attention to every single component of the shoe," Natural Fiber Welding President Steve Zika previously told Insider. Last April, Natural Fiber Welding announced an $85 million Series B investment round.

☆ Hate fast fashion? You can compost this new streetwear clothing line
▼ + stars: | 2023-01-23 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Fast fashion is big business, but it is also a big polluter, responsible for about 10% of global carbon emissions. Roughly 70% of the $3 trillion fashion industry is comprised of articles made from synthetics or petrochemicals. While some companies are claiming sustainable clothing lines, there is a very wide variance in what that means. For some the carbon reduction is in the manufacturing, while for others it is in the clothing itself. They're all made from 100% plant-based nutrients like recycled cotton, hemp, plant-based leather and coconut fiber, according to the company.

☆ How streetwear brand Unless Collective aims to accomplish what brands like Nike and Adidas haven't — fully sustainable sneakers and apparel
▼ + stars: | 2022-12-03 | by ( Matthew Kish | ) www.businessinsider.com time to read: +7 min

Unless Collective T-shirts Courtesy Unless CollectiveNo "forever materials"While companies like Adidas and Nike have pledged to use more recycled polyester this decade, Liedtke said Unless Collective doesn't use any polyester in its products. At end-of-life, a tag sewn inside each Unless Collective product gives directions on how to return it. The company's working with an industrial composter in California that can make "nutrient rich soil" out of the company's old hoodies and T-shirts. Like other plant-based apparel companies, Unless Collective has had to completely rethink its supply chain. Instead of relying on factories in Asia, Unless Collective manufactures its jackets in Portugal, T-shirts in the Carolinas in the US, and hoodies in Los Angeles.

☆ The exec behind Adidas' partnership with Kanye West just released a biodegradable sneaker expected to be a 'game changer' for the industry
▼ + stars: | 2022-12-01 | by ( Matthew Kish | ) www.businessinsider.com time to read: +5 min

The Unless shoe, which will retail for $139, was made in partnership with Natural Fiber Welding, which makes various materials from natural products, including plants and minerals. While other brands, including Allbirds and Camper, have worked with Natural Fiber Welding, Unless is the first to build a shoe from top to bottom with its materials. "What's unique about what Eric has done in the footwear industry is paid attention to every single component of the shoe," Natural Fiber Welding President Steve Zika told Insider. In April, Natural Fiber Welding announced an $85 million Series B investment round. Its investors include industry giants such as Ralph Lauren and Allbirds.

☆ Adidas' former brand president says streetwear needs a 'Tesla-like moment' to move the industry beyond plastics. His startup now aims to accomplish what brands like Nike haven't.
▼ + stars: | 2022-10-11 | by ( Matthew Kish | ) www.businessinsider.com time to read: +6 min

Liedtke recently cofounded Unless Collective, which makes plant-based streetwear. At end-of-life, a tag sewn inside each Unless Collective product gives directions on how to return it. The company's working with an industrial composter in California that can make "nutrient rich soil" out of the company's old hoodies and T-shirts. Instead of relying on factories in Asia, Unless Collective manufactures its jackets in Portugal, T-shirts in the Carolinas in the US, and hoodies in Los Angeles. In some cases Unless Collective is working to get a "minimum viable product" on the market in order to keep the company moving forward.

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