Showing posts with label breach of contract. Show all posts
Showing posts with label breach of contract. Show all posts

Friday, July 10, 2026

Apple accuses OpenAI of using stolen trade secrets to create its upcoming AI gadgets in new lawsuit; CNN, July 10, 2026

Lisa Eadicicco, Hadas Gold, CNN ; Apple accuses OpenAI of using stolen trade secrets to create its upcoming AI gadgets in new lawsuit

"Apple sued OpenAI on Friday, alleging the AI company has stolen the iPhone maker’s trade secrets to develop its own yet-to-be-unveiled AI gadgets.

In the suit, filed in the District Court of Northern California, Apple accuses OpenAI of trade secret misappropriation and breach of contract.

OpenAI last year announced it has been working with Apple’s former design chief on a hush-hush project to build devices meant to bring smartphone users into the age of AI.

The device is expected to be unveiled later this year – but the lawsuit could throw a wrench into those plans. The suit could also complicate OpenAI’s plans to go public soon in a massive, hotly anticipated IPO."

Saturday, April 23, 2016

PNC pulls plug on coin-counting machines; Pittsburgh Post-Gazette, 4/22/16

Patricia Sabatini, Pittsburgh Post-Gazette; PNC pulls plug on coin-counting machines:
"The move follows a report by NBC’s “Today” show early this month that found Penny Arcade brand coin-counting machines it tested at various TD Bank branches were cheating customers by up to 15 percent. After counting the coins, the machines spit out a receipt redeemable at the teller window.
Toronto-based TD Bank, with U.S. headquarters in Cherry Hill, N.J., quickly removed the machines from service...
On Tuesday, TD Bank was sued on behalf of hundreds of thousands of customers allegedly shortchanged by the machines.
The suit, filed in state court in Manhattan by Jeffrey Feinman, claims Mr. Feinman put in $26 worth of coins but got a receipt for $25.44. A second time he deposited $31 and received $30.05, the suit claimed.
TD Bank declined comment on pending litigation, which charges the bank with fraud, negligence, breach of contract and false advertising."