Corning CEO says Steve Jobs pressured him into making all the screens for the first iPhone: ‘Do you know what your biggest problem is? You’re afraid’

Recent analyst upgrades have highlighted a positive shift in the market, particularly for Apple, which has been lifted to a 'Buy' rating. This change reflects growing confidence in the company's AI initiatives and chip developments. As the tech landscape evolves, these moves are significant as they indicate a reassessment of AI chip investments, potentially leading to increased competition and innovation in the sector.

Apple's journey from a garage startup founded by Steve Jobs and Steve Wozniak in the 1970s to a tech giant valued at nearly $4 trillion is nothing short of remarkable. This transformation highlights the company's innovation and influence in the tech industry, making it one of the most iconic brands in the world. Understanding Apple's history not only showcases its achievements but also reflects the evolution of technology and consumer culture over the decades.

Retail sales in the UK have surged to their highest level in over three years, surprising economists and indicating a robust economic recovery. This increase is largely attributed to the launch of the new iPhone and a strong demand for gold, which have both driven consumer spending. This trend is significant as it reflects growing consumer confidence and could signal a positive shift in the overall economic landscape.

Apple has started shipping its AI servers from its Houston factory, marking a significant step in the company's expansion into artificial intelligence. This move not only showcases Apple's commitment to advancing technology but also highlights the importance of local manufacturing in the tech industry. By producing these servers domestically, Apple aims to enhance its supply chain efficiency and meet the growing demand for AI solutions, which is crucial for businesses and consumers alike.

Apple has faced a significant setback in the UK as it lost a landmark lawsuit regarding its app store commissions. This ruling could have far-reaching implications for the tech giant, potentially altering how it manages its app ecosystem and affecting its revenue model. The decision highlights ongoing tensions between large tech companies and regulatory bodies, emphasizing the need for fair competition in the digital marketplace.

A recent court ruling in the UK could allow millions of Apple users who purchased apps to claim damages, marking a significant moment for consumer rights. This decision highlights the ongoing legal battles tech giants face regarding their business practices. While Apple plans to appeal the ruling, the potential for compensation has sparked interest among users, emphasizing the importance of accountability in the tech industry.

In a significant legal setback, Apple has lost a class action lawsuit in the UK regarding its App Store charges, which claimants argued were excessive. This ruling could potentially affect 36 million consumers who may be entitled to damages amounting to approximately £1.5 billion. The outcome is crucial as it raises questions about the fairness of app store fees and could lead to broader implications for digital marketplaces.

Apple has faced a significant setback in the UK as a court ruled against the tech giant in a lawsuit concerning its App Store commission charges. This ruling could have far-reaching implications for Apple's business model, potentially leading to changes in how it charges developers and interacts with its user base. The outcome is a crucial moment for the company, as it navigates increasing scrutiny over its practices in the competitive app marketplace.

Former President Trump made headlines at the ASEAN summit, where he played a pivotal role in overseeing significant trade deals and facilitating a ceasefire between Thailand and Cambodia. This event is crucial as it not only highlights Trump's ongoing influence in international politics but also emphasizes the importance of diplomatic efforts in stabilizing regional tensions and boosting economic cooperation.

Anthropic, a company supported by tech giants Amazon and Google, may not have the same flashy appeal as OpenAI, but it is carving out a significant niche in the corporate sector. This focus on business applications could lead to a more sustainable growth model, making it an interesting player in the AI landscape. As companies increasingly seek reliable AI solutions, Anthropic's approach could resonate well, potentially positioning it for long-term success.

In a recent discussion with Fortune's Editor-in-Chief Alyson Shontell, Saudi Arabia's Minister of Investment, H.E. Khalid Al-Falih, highlighted the global concerns surrounding supply chains and the importance of reliable partnerships. This conversation sheds light on Saudi Arabia's Vision 2030, which aims to diversify the economy and attract foreign investment, making it a pivotal player in the international market. As countries seek dependable partners, Al-Falih's insights underscore the strategic role Saudi Arabia is poised to play in fostering economic stability and collaboration.

The United States and Vietnam have reached an agreement to enhance their trade relationship, which could lead to the removal of tariffs on certain Vietnamese goods. This development is significant as it not only strengthens economic ties between the two nations but also opens up new opportunities for Vietnamese exports, potentially benefiting both economies. As global trade dynamics shift, this agreement could serve as a model for future collaborations.

American Airlines is set to resume its flights to Israel following a ceasefire in Gaza, marking a significant step towards restoring normalcy in travel to the region. This decision not only reflects the airline's commitment to serving its customers but also signals a hopeful turn in the ongoing conflict, allowing travelers to reconnect with loved ones and explore the rich culture of Israel once again.

Google President Ruth Porat expressed optimism about the potential of artificial intelligence, stating that we could cure cancer within our lifetime thanks to advancements in AI technology. She emphasized that while chatbots are a fun introduction to AI, the real transformation lies in its broader applications. This perspective highlights the significant role AI could play in revolutionizing healthcare and improving lives, making it a topic of great importance for both the tech industry and society.