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Apple, Samsung agree to court mediation ahead of patent clash

Apple CEO Tim Cook and Samsung CEO Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing.

FP Archives|Jan 09, 2014, 07:43:20 IST

Apple Inc and Samsung Electronics have agreed to attend a mediation session to be held on or before 19 February, as they prepare to clash in court in March over smartphone patents.[caption id="attachment_1330441" align="alignleft" width="380"] Apple vs Samsung: AP[/caption]Apple CEO Tim Cook and Samsung CEO Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing. Their legal teams had met on 6 January to "discuss settlement opportunities," the filing read.Apple and Samsung are embroiled in a legal battle over smartphone patents across several countries that mirrors their global battle for supremacy in the mobile device market.Reuters

Google burns cash for first time as AI spending pushes 2026 capex to $205 billion

Google parent Alphabet reported negative free cash flow of $5.9 billion in the second quarter for the first time since going public, as surging AI infrastructure spending pushed its 2026 capital expenditure forecast to as much as $205 billion

6 min read

Tesla sells more cars but makes less money: Why Musk’s AI pivot is squeezing profits

Tesla’s record Q2 deliveries failed to translate into higher profits as price cuts, falling regulatory-credit revenue and Elon Musk’s aggressive AI spending squeezed margins and pushed the EV maker into negative free cash flow

5 min read

OpenAI launches Presence to bring AI agents into customer support and enterprise workflows

OpenAI has launched Presence, an enterprise AI agent platform designed to automate customer support, internal workflows and business operations with human oversight.

2 min read

Samsung Galaxy Fold 8 Ultra, Fold 8, Flip 8 launched: Here is how much it costs in India with discounts

Samsung has opened India pre-orders for its Galaxy Z Fold8, Fold8 Ultra and Flip8, bringing slimmer designs, deeper Galaxy AI integration and upgraded cameras.

4 min read

Florida pastor sues OpenAI, says ChatGPT's medical advice delayed emergency treatment: Report

A Florida pastor has sued OpenAI, alleging ChatGPT's medical advice discouraged him from seeking treatment and led to a life-threatening pulmonary embolism.