President Biden welcomed an array of high-profile guests, including tech industry leaders, to a state dinner held in honor of Japanese Prime Minister Fumio Kishida at the White House on Wednesday evening.
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One of the most valuable companies on Earth, tech giant Apple, has laid off more than 600 employees in California, signaling a shift in the company's priorities as it faces a multitude of challenges under the leadership of CEO Tim Cook. Many of the layoffs were related to the company's failed electric vehicle project, which was shut down in February.
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Apple is exploring the field of personal robotics as a potential new growth area following the cancellation of its electric vehicle project earlier this year.
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Chinese dictator Xi Jinping met with a group of visiting U.S. business leaders in Beijing on Wednesday, making a bid to lure much-needed foreign investment back into Chinaβs flagging economy. Xi promised the economy would stabilize, and said overseas businessmen need not fear persecution by his authoritarian government.
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A Denver family has filed a lawsuit against Apple claiming that the company's "Find My" location service led to a wrongful SWAT raid on their home, causing emotional distress and property damage.Β
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Apple is in preliminary discussions with Chinese tech giant Baidu to potentially use its generative AI technology in Apple devices sold in China, according to a report by the Wall Street Journal.
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