Apple has asked a US judge for a preliminary injunction blocking OpenAI and two ex-employees from accessing or using alleged confidential information in its trade secrets case. The company is seeking expedited discovery, including documents and depositions. The lawsuit accuses former Apple employees Chang Liu and Tang Yew Tan, now at OpenAI, of taking confidential to hardware development data.

The South Mumbai District Consumer Disputes Redressal Commission ordered an insurance firm to pay ₹1.2 crore to a liquor wholesaler for the stock it lost in the 2017 flood. The insurer rejected its own surveyor's recommendation in 2020 to pay the firm. The commission ordered the insurer to pay 9% interest per year, starting from when the claim was rejected.

A 56-year-old Pune businessman lost ₹1.07 crore after scammers used a deepfake video of Finance Minister Nirmala Sitharaman to promote a fake investment platform offering "exclusive" SpaceX shares. The fraudsters built trust with fabricated profits and a fake advisor before convincing him to invest. Police have registered an FIR and launched an investigation.

Former Swiggy Senior Vice President Anuj Rathi and ex-Zomato CTO Prashant Parashar have launched Profound, an AI networking startup. The firm raised $1.5 million in a seed funding round led by Stellaris Venture Partners. The firm is building AI Rep, an AI companion that uses a 30-minute voice chat to understand professionals and connect them with relevant opportunities and recruiters.

Oil futures fell around 3% and traded below $78 per barrel after US Treasury Secretary Scott Bessent said Iran and US "may have a deal today or tomorrow" to reopen the Strait of Hormuz. "I'd expect the energy prices to settle back down," he added. Bessent further said ships passing through the Strait of Hormuz would have "freedom of movement".

The Employees' Provident Fund Organisation (EPFO) urged members to verify information related to their employment records such as Date of Joining and Date of Exit. It warned that any minor error in the records could affect eligibility or delay processing of provident fund (PF) withdrawals, transfers and pension eligibility. EPFO advised its members to regularly review and update their records.

A Kerala man has won a nine-year legal battle against Air India after a delayed flight caused him to miss his connecting flight to Saudi Arabia. He said the airline failed to assist him, forcing him to spend nearly ₹49,000 on a last-minute ticket with another airline. A consumer commission awarded him ₹1.36 lakh in compensation.

Anthropic has signed a $10 billion (over ₹95,000 crore) deal to use a data centre managed by a seven-month-old startup, Bloomberg reported. The agreement with NVIDIA-backed cloud startup Volta Infra Holdings is for six years. Volta on Tuesday said it has raised $300 million in a seed round and Series A financing at a $2.4 billion valuation.

OpenAI hit back at Apple's trade secrets lawsuit, saying it arises from Apple's failure to manage system access after employees leave. "Former employees trying to do the right thing when they leave still have access to files despite not wanting them or being aware of them," it said. Apple has sued OpenAI and two ex-Apple employees for stealing confidential information.

OpenAI has faced backlash for hosting influencers at a nature-focused resort where rooms begin at $2,000/night (around ₹2 lakh). The two-day "OpenAI Summer Camp" featured AI tool sessions and outdoor activities, including beekeeping. Critics called the event "tone deaf", with one saying, "The irony of them hosting this in nature when they are absolutely wrecking nature all over the world."