tech

8/25/25

Elon Musk makes good on threat to sue Apple, claiming OpenAI bias in the App Store

Tesla and xAI CEO Elon Musk is suing Apple and OpenAI in federal court, accusing the iPhone maker of unfairly favoring the ChatGPT maker on its phones. Apple and OpenAI have a partnership that integrates ChatGPT into the iPhone’s operating system, something Musk’s lawyers say has “locked up markets to maintain their monopolies and prevent innovators like X and xAI from competing.”

The suit comes two weeks after Musk threatened legal action against Apple on his social media platform, saying it kept xAI’s chatbot, Grok, from reaching No. 1 on its App Store and instead privileged OpenAI’s ChatGPT due to their partnership. Apple has previously responded that the App Store “is designed to be fair and free of bias.”

At the time, Grok was ranked No. 5 on the App Store. Today it’s at No. 23. OpenAI’s ChatGPT is currently No. 2, down from No. 1.

The move doesn’t appear to be affecting Apple’s stock, though Tesla’s stock is up.

Musk Sues Apple, OpenAI, Saying They Hurt AI Competition

Musk Sues Apple, OpenAI, Saying They Hurt AI Competition

The suit comes two weeks after Musk threatened legal action against Apple on his social media platform, saying it kept xAI’s chatbot, Grok, from reaching No. 1 on its App Store and instead privileged OpenAI’s ChatGPT due to their partnership. Apple has previously responded that the App Store “is designed to be fair and free of bias.”

At the time, Grok was ranked No. 5 on the App Store. Today it’s at No. 23. OpenAI’s ChatGPT is currently No. 2, down from No. 1.

The move doesn’t appear to be affecting Apple’s stock, though Tesla’s stock is up.

More Tech

tech

2h

Tesla’s EV market share declined to 38% in August

In August, Tesla’s share of the US EV market fell to 38%, according to new data from Cox Automotive reported by Reuters. Tesla’s market share fell below 50% for the first time last year, as competitors’ EVs began hitting the market. Now, as Tesla’s own sales slip more drastically than they had last year, it’s giving up even more ground. Tesla’s market share fell from 48.7% in June to 42% in July to 38% in August, according to Reuters. That slide has come even as buyers rushing to take advantage of the federal tax credit that ends this month provide a near-term boon for sales at Tesla and other EV makers.

3h

OpenAI now expects to burn around $115 billion through 2029 — a full $80 billion higher than the company had previously estimated, The Information reports.

Just how much is that? It’s roughly equivalent to:

Fortunately for OpenAI, which is raising money at a $500 billion valuation, its revenue is also growing faster than expected. The ChatGPT maker now expects to make $13 billion in revenue this year and $200 billion in 2030.

An annotated photo of who attended the tech dinner at the White House.

An interactive who's-who of the tech execs at Trump's White House dinner

The White House invited a gaggle of top founders and tech executives for an intimate dinner at the White House.

Jon Keegan9/5/25

Apple of my Eye

Apple’s latest phone is betting on looks, while Google looks inward

Apple gets a hardware upgrade. Google gets a software overhaul.

buried treasure

The world’s biggest illegal sports streaming platform just got shut down

Where piracy is concerned, authorities are playing an almost never-ending game of “whack-a-mole.”

Error 404 Page Not Found - Vector Illustration of Website Page 404

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.

©2025 Sherwood Media, LLC