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China considers probing Apple’s App Store fees and practices amid U.S. tariff tensions

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Top stories today:

  1. China considers probing Apple amid U.S. tariff tensions
  2. Figure AI to show “major breakthrough [in] the next 30 days”
  3. Judge in Elon x OpenAI case says claims of harm “far-fetched”
  4. Google Cloud growth slows from +35% to +30%
  5. AMD tumbles after forecasting -7% data center revenue for Q1

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All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. China considers probing Apple’s App Store fees and practices amid U.S. tariff tensions

  • Talks have stemmed from Tencent and ByteDance disputes with Apple.

  • Unreasonably high fees may be charged, Chinese regulators claim.

  • Google, NVIDIA, and Intel are also facing probes.

3. Figure AI leaves agreement with OpenAI, to show “major breakthrough [in] the next 30 days”

  • Tesla and Figure AI are considered the leaders in humanoid robot technology in the West.

  • Disclaimer: we are indirect investors in Figure AI.

4. Judge in Elon x OpenAI case says claims of harm “far-fetched,” but “plausible”, welcoming trial in 2026-2027

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