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Big TechApple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit

The lawsuit alleges that two former Apple employees now working at OpenAI stole confidential data including information about unreleased hardware products and technical specifications.

By Sebastian HerreraJuly 10, 2026
OpenAI CEO Sam Altman sitting next to U.S. President Donald Trump at the G7 Meeting in Evian, France.
AI
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says
By Emily Forlini and Jeremy KahnJuly 10, 2026
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Middle East
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
A row of people sit in a zoning meeting, many looking down or around the room.
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
Latest
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit9 hours ago
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says9 hours ago
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company10 hours ago
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins11 hours ago
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
Energy
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
By Joshua HongJuly 10, 2026
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Real Estate
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
By Mia OsmonbekovJuly 10, 2026
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
Success
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
By Catherina GioinoJuly 10, 2026
Fidji Simo steps back from OpenAI—and exposes the fragile hold women still have on power
Newsletters
Fidji Simo steps back from OpenAI—and exposes the fragile hold women still have on power
By Emma HinchliffeJuly 10, 2026
Asian businessman using a laptop
Success
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
By Preston ForeJuly 10, 2026
Erling Haaland #9 of Norway
Success
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
By Emma BurleighJuly 10, 2026
US Secretary of Treasury Scott Bessent
Economy
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
By Eleanor PringleJuly 10, 2026
Werner Vogels, CTO, Amazon on stage.
AI
Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says
By Beatrice NolanJuly 10, 2026
Newsletters
MPW DailyBy Emma Hinchliffe
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Fidji Simo steps back from OpenAI—and exposes the fragile hold women still have on power
MarketsBy Jim Edwards
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Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
CEO DailyBy Diane Brady
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40% of Americans didn’t read a book last year. These 3 are worth the exception
Term SheetBy Allie Garfinkle
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In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
Fortune TechBy Andrew Nusca
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The problem with U.S. AI policy
MPW DailyBy Emma Hinchliffe
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Women’s soccer stars fought for equal pay. It’s paying off while the men play in this year’s World Cup
AI
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
Big Tech
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
By Sebastian HerreraJuly 10, 2026
OpenAI CEO Sam Altman sitting next to U.S. President Donald Trump at the G7 Meeting in Evian, France.
AI
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says
By Emily Forlini and Jeremy KahnJuly 10, 2026
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
AI
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
By Damian J. Troise and The Associated PressJuly 10, 2026
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Real Estate
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
By Mia OsmonbekovJuly 10, 2026
Term Sheet podcast
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How this multi-millionaire investor spots billion-dollar ideas | Term SheetJune 24, 2026
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The Investor Who Bet on SpaceX, OpenAI and Anthropic Before You Could | Term SheetJune 11, 2026
Video ThumbnailPlay39:45
Investment bankers built a $2B AI to replace themselves | Term SheetMay 28, 2026
Video ThumbnailPlay35:05
This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026
Video ThumbnailPlay36:25
From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026
Video ThumbnailPlay32:23
How to raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiApril 22, 2026
Video ThumbnailPlay29:01
The Startup Fighting to Save the American Farm with Modern FinanceApril 8, 2026
Video ThumbnailPlay51:28
How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 18, 2026
Video ThumbnailPlay26:02
Why revenue is an outdated metric | Term SheetFebruary 18, 2026
Video ThumbnailPlay39:10
Chemistry cofounder: "more talented founders than ever" are moving into health care | Term SheetFebruary 4, 2026
Success
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
Success
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
By Catherina GioinoJuly 10, 2026
Asian businessman using a laptop
Success
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
By Preston ForeJuly 10, 2026
Erling Haaland #9 of Norway
Success
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
By Emma BurleighJuly 10, 2026
Harry Styles waves
Success
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room
By Preston ForeJuly 10, 2026
From the Magazine
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

By Claire ZillmanMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
Magazine
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
By Adam EraceMay 24, 2026
Microsoft lost its way in the AI race. Can Copilot get it back on course?
Magazine
Microsoft lost its way in the AI race. Can Copilot get it back on course?
By Jeremy KahnMay 21, 2026
Why the AI field’s biggest names are betting billions on ‘world models’
Magazine
Why the AI field’s biggest names are betting billions on ‘world models’
By Sharon GoldmanMay 20, 2026
Energy
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
Energy
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
By Joshua HongJuly 10, 2026
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Middle East
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
Current price of oil as of July 10, 2026
Personal Finance
Current price of oil as of July 10, 2026
By Joseph HostetlerJuly 10, 2026
The crypto startup trying to put a barrel of oil on blockchain
Crypto
The crypto startup trying to put a barrel of oil on blockchain
By Mia Gindis, Sidhartha Shukla and BloombergJuly 9, 2026
Fortune Rankings
Fortune 500
Fortune 500
By FortuneJune 3, 2026
Most Powerful Women
Most Powerful Women
By FortuneMay 27, 2026
Fortune 100 Best Companies to Work For
Fortune 100 Best Companies to Work For
By FortuneApril 1, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneOctober 29, 2025
Leadership
Ulta is betting $400 million that an NYC megastore will help it compete with Sephora—and that flagships still work
C-Suite
Ulta is betting $400 million that an NYC megastore will help it compete with Sephora—and that flagships still work
By Phil WahbaJuly 11, 2026
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
Success
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
By Catherina GioinoJuly 10, 2026
Fortune 500 Power Moves: Which executives gained and lost power, June 27-July 10, 2026
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power, June 27-July 10, 2026
By Fortune EditorsJuly 10, 2026
Asian businessman using a laptop
Success
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
By Preston ForeJuly 10, 2026
From Pilot to Profit
AIAI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Artistic drawing of two employees using several tools at once
AI
Why dbt Labs CEO views AI efficiency and creativity as the same thing
By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
AI
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AI
How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AI
AI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
Features
Photo of young woman with a photo of a pizza
Success
Gen Z grad landed an internship by wearing her university baseball cap to her pizza joint job. Now she works at Cisco
By Orianna Rosa RoyleJune 14, 2026
Photo of Marc Benioff
Magazine
Salesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
Anduril CEO Brian Schimpf
Magazine
Inside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
Real Estate
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Real Estate
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
By Mia OsmonbekovJuly 10, 2026
Mortgage rates today, July 10, 2026
Personal Finance
Mortgage rates today, July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Current refi mortgage rates report for July 10, 2026
Personal Finance
Current refi mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Current ARM mortgage rates report for July 10, 2026
Personal Finance
Current ARM mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Great Place to Work Rankings
Best Workplaces in Chicago
Best Large Workplaces in Chicago
By FortuneJune 16, 2026
Best Workplaces in New York
Best Large Workplaces in New York
By FortuneJune 9, 2026
Best Workplaces in Texas
25 Best Large Workplaces in Texas
By FortuneJune 2, 2026
Best Workplaces in The Bay Area
25 Best Large Workplaces in the Bay Area
By Fortune EditorsMay 26, 2026
Commentary
medicineBy Matthew T. Drake
America’s bone health is quietly headed for a $19 billion crisis
EducationBy Tim Knowles
AI is about to disrupt millions of jobs. A century ago, America’s answer was to build a new high school
Venture CapitalBy Amit Chaturvedy
Physical AI’s $50 trillion opportunity requires long-term conviction, but the payoff is huge 
climate changeBy Sylvain Johansson, Mekala Krishnan, Kanmani Chockalingam and Annabel Farr
McKinsey Global Institute: Climate planning has prioritized floods. Heat demands equal attention
EducationBy Jason Benedict
AI didn’t break higher education—It exposed the credential trap
EntrepreneurshipBy Eric Francia
I skipped college and founded a company at 18. Several exits later, this is what I learned
Fortune Secondary Logo
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