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Adidas is investigating corruption allegations in China. The German sportswear company said Monday it is probing potential compliance violations after receiving a letter alleging that senior executives in the country received millions of dollars in kickbacks from service providers. The investigation comes as Adidas seeks to revive its fortunes in China — which has been one of its most important growth markets — and reinvigorate the brand around the world...

(Bloomberg) -- On the surface, technology-focused stock funds just enjoyed a week of record inflows, the latest sign of the AI craze. A look under the hood, however, showed almost all the money went into a single fund — and it had little to do with the industry’s fundamentals. Most Read from BloombergAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCDK Hackers Want Millions in Ransom to End Car Dealership OutageCar Dealers Reel From Cyberattack on $1.2 Trillion MarketApple Won’t R...

Apple will delay launching three new artificial intelligence features because landmark European Union tech rules require it to ensure that rival products and services can function with its devices, the U.S. tech group said on Friday. Apple underscored its AI push earlier this month with a slew of new features and software enhancements for its iPhone and other devices to bolster sagging sales. It said Apple Intelligence, which uses AI to conjure text, images and other content on command, would be available on iPhone 15 Pro, iPhone 15 Pro Max, and iPad and Mac with its M1 chip and later versions...

The iPhone maker said the EU’s tech regulations requiring interoperability might risk “user privacy and data security.”...

Apple is banking on its upcoming AI features to boost iPhone sales especially in China, where demand has been lagging. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China...

(Bloomberg) -- Apple Inc. is withholding a raft of new technologies from hundreds of millions of consumers in the European Union, citing concerns posed by the bloc’s regulatory attempts to rein in Big Tech. Most Read from BloombergAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCDK Tells Car Dealers Their Systems Will Likely Be Down for DaysCar Dealers Reel From Cyberattack on $1.2 Trillion MarketUnited Airlines Jet Turns Back After Engine Piece Falls OffCar Dealerships Across US...

A popular tech ETF that counts Microsoft, Apple and Nvidia as top holdings is about to rebalance. The move comes as Nvidia's share price continues to smash records...