Apple News - August 2026
Apple Accuses OpenAI Engineer of Stealing Circuit Designs, Alleges Evidence Tampering
Apple intensified its legal battle against OpenAI through new court filings alleging trade secret theft. Former Apple engineer Chang Liu reportedly used a...
Jensen Investment Management Reduces Apple Stake by Nearly Half
In a notable portfolio adjustment, Jensen Investment Management significantly cut its holdings in Apple, Inc. (AAPL) during the second quarter of 2026....
Baillie Gifford More Than Doubles Stake in Apple (AAPL)
In a recent 13F filing from August 6, 2026, Baillie Gifford revealed a significant increase in its Apple holdings. The firm boosted its position by over 152%,...
Oura Targets $16 Billion IPO, Seeking $3 Billion in September Debut
Smart ring maker Oura Health Oy plans a U.S. initial public offering as early as September. The listing could value the company at more than $16 billion. Oura...
Viking Global Exits Apple, Sells $912M Stake
Andreas Halvorsen's Viking Global sold its entire position in Apple (AAPL) during the second quarter of 2026, according to a recent SEC filing. The firm...
Apple Lays Off VR Team, Shifting Focus to Smart Glasses and AI
Apple laid off at least 60 employees from a dedicated virtual reality development team within its Vision Products Group. This move signals a strategic pivot...
Apple Admits Regulatory Pressure is Hurting its High-Growth Services Business
Apple has conceded in its latest SEC filing that regulatory changes aimed at loosening its control over the App Store are having a negative effect on its...
Apple shares slide on Jefferies downgrade, cites canceled all-glass iPhone
Apple shares fell more than 2% in pre-market trading following a rating cut from Jefferies. The firm downgraded the stock from Hold to Underperform and reduced...
Apple sues OpenAI for trade secret theft, targeting consumer hardware push
Apple filed a lawsuit against OpenAI and former executives Tang Tan and Chang Liu in July 2026. The legal action alleges a coordinated effort to steal...