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Musk-Altman OpenAI Trial Opens With Musk Seeking Altman's Removal And Massive Disgorgement
The Musk v. Altman/OpenAI trial opened Tuesday, April 28, 2026, in federal court in Oakland, where Elon Musk asked a judge to remove Sam Altman from OpenAI's nonprofit board and force massive disgorgement. https://www.npr.org/2026/04/28/nx-s1-5801438/musk-altman-openai-trial-opening-statements
Tim Cook Prepares To Hand Apple CEO Role To John Ternus
Apple CEO Tim Cook will step down and hand the chief executive role to John Ternus on September 1. Cook, 65, will become executive chairman of Apple's board, replacing Arthur Levinson, after roughly 15 years leading the iPhone maker. His tenure lifted Apple's market value by more than $3.6 trillion.
Snapchat Parent Snap Cuts 1,000 Jobs In AI-Driven Restructuring
Snap Inc., the parent company of Snapchat, is cutting about 1,000 jobs in an AI-driven restructuring announced this week. The company said the layoffs are meant to refocus resources on artificial intelligence initiatives and to streamline operations for greater efficiency. Executives indicated the move will reallocate talent and capital toward AI products and reduce costs, though the report did not specify which teams were affected.