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Missouri man sues Apple for US$ 1 trillion

Apple is worth less than US$ 1 trillion

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If you were a large tech company, legal battles are part of your daily routine. Almost every week, the world’s largest tech brands face new lawsuits and cases from the serious to the wacky. For serious cases, companies can likely afford the fees without too much damage on their bottom lines. However, the wackier ones exist almost solely to obtain the most money from high-profile companies.

In Missouri, an iPhone user is attempting to sue Apple for a staggering US$ 1 trillion. According to the case files obtained by Patently Apple, Raevon Parker returned his iPhone to a nearby Apple Store for repairs. The attendant apparently “fixed the device but kept it by deceiving [Parker] knowing that it was the first phone to have new features.” Further, the attendant supposedly gave a replacement phone in lieu of Parker’s actual unit, forcing him to replicate settings, passwords, and purchases.

Parker believes that he has suffered US$ 2,000,000,000,900 and a priceless item in damages. Broken down, the damages include US$ 1 trillion for an iPhone 7, US$ 1 trillion for iOS 12, US$ 900 for a rental iPhone 7, and “Raevon Terrell Parker’s mentality” listed as the priceless item.

In restitution, Parker wants US$ 1 trillion “due to hospitalizations, travel, distress, humiliation, embarrassment, defamation of character.” Further, the case stresses that cannot be “compensated for being labeled crazy.”

The case is still waiting for a court date. However, if we were to boldly predict the case’s future, it is highly unlikely that Apple will pay Parker the full US$ 1 trillion. For one, Apple recently lost its prestigious status as a trillion-dollar company. Tim Cook probably won’t surrender the entire valuation of Apple to a court case.

SEE ALSO: Apple sued for allegedly shipping broken chargers with iPhone 7

Enterprise

realme is reportedly going back to being an OPPO sub-brand

All scheduled phones will still launch on time, though.

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A popular story among Chinese smartphone brands is whenever a sub-brand spinning off into its own independent entity. A less common one is when an independent entity suddenly merges back into the main entity. And yet, that’s the story we have today. realme is reportedly going back to being a sub-brand of OPPO.

If you don’t remember realme’s time as a sub-brand, then it’s hardly your fault. It’s been a long while since realme was considered a sub-brand. In 2018, the brand spun off on its own to form one of the most popular names in the Chinese smartphone space.

Today, via Leiphone, realme will return to OPPO as a sub-brand. Current realme CEO Sky Li will still retain his responsibilities heading the brand. Plus, all products on the current release schedule will still come out as planned.

However, starting this year, realme will start reintegrating back into OPPO, particularly through the latter’s after-sales programs. OnePlus will also follow the same structure going forward.

Currently, realme has not officially announced the move. That said, we also don’t know how the brand will address the reported change. It’s possible that the shift is just internal and has no effect on how the brand faces the public. For now, only time will tell.

SEE ALSO: realme C85 with 7000mAh battery, 5G connectivity officially launches

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Samsung warns that tech prices might increase this year

And it’s all because of AI.

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The big story late last year was the skyrocketing prices of chips. Analysts are predicting that the demand for RAM will cause the entire industry to experience hikes this year. Some users, especially in the PC building scene, are already feeling the burn. PCs won’t be the only victims, though. Xiaomi is already expecting hikes across the board. Now, Samsung is adding its voice to the growing list of warnings about price increases.

During CES 2026, Wonjiun Lee, Samsung’s global marketing chief, confirmed that the memory shortages are, in fact, real (via Bloomberg). Moreover, the company is now evaluating whether more price hikes are needed this year for its products. Though Lee expressed regret over pushing the prices to consumers, the state of the industry might force the company’s hand.

Samsung’s opinion has a lot of weight. While other brands have also voiced out their opinions lately, Samsung itself is a producer of chips. If a chip supplier is already warning users of prices affecting them, the effect will likely cascade even more when it comes to device manufacturers.

The ongoing shortage of chips is a result of the overwhelming demand from companies looking to build and bolster AI-based servers. The business-to-business demand is notably different from how regular consumers, who will soon find it hard to buy their own devices, see it.

At the very least, Samsung has not confirmed any price increases yet. However, all eyes are on the next Galaxy Unpacked, when Samsung will launch its newest Galaxy products. Will prices increase or stay the same?

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TikTok finally gets a buyer in the United States

The deal targets a closing date in late January.

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iKKO Mind One

The year started with a ban. A day before Donald Trump started his second term, TikTok went dark, in anticipation of an impending ban. The platform quickly went back online, leading to an ultimatum that saw TikTok hunt for an American buyer to full stave off a definitive ban in the United States. Now, as the year ends, a buyer is finally here.

Via CNBC, TikTok has reportedly inked a deal to finalize a deal in the United States, as stated in an internal memo from CEO Shou Zi Chew. The memo, which was sent just this week, details a plan that will see the deal close by January 26, 2026.

Fifty percent of TikTok’s newly restructured U.S. arm will be held by a collection of American investors including Oracle, Silver Lake, and MGX. Meanwhile, already existing investors of TikTok will hold 30.1 percent. Finally, ByteDance will retain 19.9 percent.

Additionally, TikTok’s algorithm in the United States will be retrained with American data. The American arm will also handle the country’s “data protection, algorithm security, content moderation, and software assurance.” Oracle will be the “trusted security partner” in charge of making sure the company keeps within regulations in the country.

With a deal pushing through, the long-running TikTok saga in the United States might finally come to a close.

SEE ALSO: US, China have supposedly agreed on a TikTok deal

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