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China opens antitrust probe into Qualcomm
Youtube· 2025-10-10 17:04
NASDAQ turning lower this hour down more than one and a half% as the president posts on Truth Social that China is becoming hostile over rare earths and trade talks comes just hours after China announced an antitrust probe into US chip giant Qualcomm. Mackenzie Sagalos has more on that in today's tech. Hey Mac. Hey Carl.So, Qualcomm is plunging, down more than well, nearly 5% at this point as investors digest what's looking like collateral damage in this escalating trade war between the US and China. Beijin ...
Elon Musk's X and xAI sue Apple, OpenAI for allegedly violating antitrust law
CNBC Television· 2025-08-25 15:35
The Dow up about 210 points. We have a news alert right now on Elon Musk's XAI. Mackenzie Sagalos has those details for us.McKenzie, what are you learning. So, Contessa, Elon Musk is taking on Apple and Open AI in court. His AI company XAI just sued both tech giants in federal court, alleging that they've colluded to freeze out competition.Now, the complaint, which was filed this morning in Texas, claims that Apple's exclusive integration of Chat GBT into iPhones is an illegal antirust scheme that blocks ou ...