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Time:2026-07-11T12:42:33Z

Apple sues OpenAI for alleged hardware trade secret theft. Meta pulls its controversial Muse AI image feature after privacy backlash. SK Hynix raises a record $26.5B in the biggest foreign IPO in US history. China recovers its first reusable rocket, closing the gap with SpaceX. Smart glasses see mixed reactions — HDR10 arrives, but Meta glasses face growing backlash.

Apple sues OpenAI over trade secret theft

Apple sues OpenAI over trade secret theftApple has filed a lawsuit against OpenAI, accusing the company of stealing hardware trade secrets. The suit alleges that OpenAI's hardware division built its business on misappropriated Apple IP. Multiple outlets report Apple calling OpenAI's operations 'rotten to its core.' The case adds a dramatic new front to the escalating rivalry between the two tech giants.

Meta removes controversial Muse AI image feature

Meta removes controversial Muse AI image featureMeta has deactivated its Muse AI image generation feature on Instagram just days after launch, following widespread backlash over privacy concerns. The tool allowed users to generate AI images of any public Instagram account. Critics called the feature a privacy nightmare. Meta acknowledged it 'misses the mark' on user expectations.

SK Hynix raises record $26.5B in US IPO

SK Hynix raises record $26.5B in US IPOSK Hynix has raised $26.5 billion in what is now the largest foreign IPO in US history. The South Korean chipmaker has been urged to build new fabrication plants in the United States. The record-breaking listing underscores surging investor demand for semiconductor stocks amid the AI boom.

China recovers first reusable rocket, closing gap with SpaceX

China recovers first reusable rocket, closing gap with SpaceXChina has successfully recovered its first reusable rocket, marking a major milestone in the country's space ambitions. The achievement narrows the technology gap with SpaceX's Falcon 9. Ars Technica reports that China demonstrated a novel recovery method, while Scientific American calls it a key step in the long march to reusable rocketry.

Smart glasses face mixed reviews and backlash

Smart glasses face mixed reviews and backlashNew HDR10 smart glasses hit the market as the first of their kind, drawing positive early reviews. However, Meta's smart glasses are facing growing backlash over privacy and usability concerns. BBC testing of AI glasses in Paris revealed accuracy issues. The wearables segment shows a clear divide between enthusiasm for new tech and skepticism of Meta's implementation.