China

Apple hit with $1.4B lawsuit by Chinese AI firm over Siri technology

Shanghai Zhizhen Network Technology Co. -- also known as Xiao-i -- announced it is suing Apple for 10 billion yuan ($1.43 billion) in damages in Shanghai court after the Chinese company recently acquired a patent for a voice assistant whose technical architecture is said to be similar to Siri's.

TikTok faces well-funded rivals, regulatory scrutiny in U.S.

As the controversial social media company TikTok faces scrutiny from the U.S. government and possible closure, one of its chief rivals is wasting no time to try and overtake it by raising hundreds of millions of dollars and stealing users FOX Business has learned.