Good Morning. Apple is suing OpenAI, and the suit quietly targets Jony Ive, who designed the iPhone. Plus, a $53 billion grab for PayPal, how going to movies slows aging, and Argentina's stunner (forwarded this email? Join 523k readers).
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TOP STORY TODAY
Apple vs. Ive
Apple is suing OpenAI for trade secret theft, and the lawsuit quietly targets Jony Ive, the designer behind the iMac, iPod, and iPhone. His startup io Products and co-founder Tang Tan are named defendants.
OpenAI bought io for $6.4 billion in 2025 to build a secretive AI device, hiring waves of Apple veterans along the way. Apple claims recruits were asked to reveal secret projects and bring prototypes to interviews. Wildest accusations here.
OpenAI says the complaint lacks merit. The device, rumored to be a screen-free puck-style speaker, could be announced this fall, right when Apple launches a foldable iPhone. Ive may be deposed if it goes to trial.
Stripe Wants PayPal
PayPal stock jumped 16% yesterday after reports surfaced that Stripe and private equity firm Advent International offered to buy the payments giant for $60.50 per share, valuing the company at more than $53 billion.
The proposal, submitted earlier this month, would split ownership 50-50 between Stripe and Advent, backed by roughly $50 billion in committed bank financing. PayPal and Stripe declined to comment on the report.
Some analysts doubt the deal closes at this price. Investor Michael Burry, a PayPal shareholder, argued the bid must rise. PayPal shares sit 35% below year-ago levels and far under their 2021 peak of $310.
Movies, Museums Slow Aging
Older adults in England who regularly visited cinemas, museums, and theaters aged more slowly, according to a study published this week. Their bodies measured biologically younger than peers who rarely went out.
Frequent attendees averaged a physiological age of 66.9 years, versus 69.9 for infrequent ones, a gap near three years. The link held even after accounting for income, health, and lifestyle. 5 more longevity findings worth knowing for 2026.
Researchers tracked nearly 1,900 people and suspect stronger social bonds and lower stress drive the effect, which may rival regular exercise. One catch: slower-aging folks may simply have more energy to get out.
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