11:16:37 EDT Mon 13 Jul 2026
Enter Symbol
or Name
USA
CA



Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 15,700,000
Close 2026-07-10 C$ 44.54
Market Cap C$ 699,278,000
Recent Sedar+ Documents

Globe/wire say Apple ups ante in battle with OpenAI

2026-07-13 08:34 ET - In the News

The Globe and Mail reports in its Saturday edition that Apple on Friday sued OpenAI and two former employees, alleging misappropriation of its trade secrets to benefit the ChatGPT-owner's foray into consumer hardware. A Reuters dispatch to The Globe says the lawsuit is a dramatic escalation of already simmering tension between the two companies. The complaint, filed in the U.S. District Court for the Northern District of California, alleges a co-ordinated effort to steal Apple's confidential information, including product designs, manufacturing processes and supply chain strategies. The lawsuit was filed against Chang Liu, a former senior system electrical engineer, and former vice-president of product design for iPhone and Apple Watch, Tang Yew Tan, as well as OpenAI Foundation, OpenAI Group PBC and io Products. Apple alleges Mr. Liu failed to return a company-issued work laptop and later used an authentication bug to access Apple's internal network, downloading "dozens of Apple's confidential hardware-related files." The iPhone maker also claimed that OpenAI's hardware chief Mr. Tan had been "methodically using Apple's confidential information to benefit OpenAI" by e-mailing himself information about Apple suppliers.

© 2026 Canjex Publishing Ltd. All rights reserved.