Author: IQ TIMES MEDIA

Elon Musk’s X and xAI filed a lawsuit against Apple and OpenAI on Monday, alleging that the two companies are colluding to stifle competition. “In a desperate bid to protect its smartphone monopoly, Apple has joined forces with the company that most benefits from inhibiting competition and innovation in AI: OpenAI, a monopolist in the market for generative AI chatbots,” the lawsuit reads, referring to Apple’s partnership with OpenAI to integrate ChatGPT into its systems. This lawsuit is part of a long series of disputes between Musk and Altman, who continue to throw public jabs at one another. Once a…

ARLINGTON, Texas (AP) — Los Angeles Angels manager Ron Washington said Monday he is recovering from quadruple bypass heart surgery. It’s the first time he has publicly addressed the health issues that have sidelined him since late June.He made the announcement while visiting the Angels for the first time since the operation eight weeks ago in California, calling it a day he had been looking forward to while recovering at his home in New Orleans. He is not returning to manage this season, but hopes to have that opportunity next year. He said he should be fully recovered by December.“(Doctors)…

President Donald Trump says he’s just getting started as the nation’s financial advisor.On Monday, Trump and team made clear that taking a roughly 10% stake in Intel is just the beginning of dealmaking that could lead to US taxpayers holding unprecedented shares in private companies.”The president has made it clear all the way back to the campaign, he thinks that in the end, it would be great if the US could start to build up a sovereign wealth fund. So I’m sure that at some point there’ll be more transactions, if not in this industry then other industries,” Kevin Hassett,…

It’s been a bad month for Palantir. Or half-month, to be more specific.Since reaching a record high on August 12, shares have been mired in a steep sell-off, falling 17%.The tumble stood in stark contrast to the stock’s 147% year-to-date ascent up until that point, a rally driven by fervid retail investors and market-wide excitement around the growth potential of AI.Wall Street analysts say a combination of three major factors has Palantir’s army of loyal retail investors feeling more hesitant on the stock:1. Short-seller interest Andrew Left recently revealed his firm had taken a short position in Palantir. BRENDAN MCDERMID/Reuters…

NEW YORK (AP) — A person who traveled to El Salvador has been diagnosed with New World screwworm — the first reported U.S. case tied to travel to a country with a current outbreak.The Centers for Disease Control and Prevention confirmed the diagnosis on Aug. 4. Federal health officials acknowledged the infection in an emailed statement Monday, but did not describe the patient’s condition. They collaborated with Maryland health officials, the statement said.New World screwworm is a fly that lays its eggs in open wounds and body opening such as the eyes, ears, nose or mouth. It primarily affects livestock…

NEW YORK (AP) — Australian Open champion Madison Keys was undone by 89 unforced errors and was upset in the first round of the U.S. Open 6-7 (10), 7-6 (3), 7-5 by Renata Zarazua of Mexico on Monday.The sixth-seeded Keys, who was the runner-up at Flushing Meadows in 2017, made so many mistakes, including 14 double-faults, that Zarazua needed to produce just eight winners to earn the biggest victory of her career.The 82nd-ranked Zarazua had lost in either the first or second round in all eight of her previous Grand Slam appearances.Keys earned her first major championship at Melbourne Park…

Andreessen Horowitz and OpenAI President Greg Brockman are among the Silicon Valley veterans putting more than $100 million into a network of political-action committees (PACs) that will advocate against strict AI regulations in next year’s midterm elections, reports The Wall Street Journal.  The new pro-AI super-PAC network dubbed “Leading the Future” aims to use campaign donations and digital ads to advocate for favorable AI regulation and oppose candidates that the group thinks will stifle the industry. Both Andreessen Horowitz and OpenAI were part of a push earlier this year to implement a 10-year moratorium on states’ rights to create their…

Robomart, a startup that builds self-driving delivery robots, is unveiling its latest robot with an ambitious goal of using it to make on-demand delivery profitable. The Los Angeles-based company announced its patented Robomart RM5 on Monday. The level-four autonomous vehicle can carry up to 500 pounds and is made up of 10 individual lockers that hold customer orders. This structure is designed to allow for batch ordering so a robot can work on multiple deliveries at the same time. Robomart plans to use these new robots to operate an on-demand delivery business model similar to those of established food delivery…

WASHINGTON (AP) — Public schools reopened Monday in the nation’s capital with parents on edge over the presence of thousands of National Guard troops, some armed, and federal law enforcement officers.Even as President Donald Trump again touted a drop in crime that he attributed to his extraordinary effort to take over policing in Washington, D.C., the district’s mayor was lamenting the effect of Trump’s actions on children.“Parents are anxious,” Mayor Muriel Bowser said at a news conference, noting that some might keep their children out of school because of immigration concerns.“We know that our schools are the safest places for…

The first case of a New World Screwworm infestation in a human was confirmed in the U.S., according to the Department of Health and Human Services.Travel-associated New World Screwworm was detected in a patient who returned to the U.S. from El Salvador, and was confirmed by the Centers for Disease Control and Prevention on Aug. 4, HHS spokesperson Andrew Nixon said in a statement to CBS News on Monday.The CDC investigated the case in coordination with Maryland’s health department. “This is the first human case of travel-associated New World screwworm myiasis (parasitic infestation of fly larvae) from an outbreak-affected country…