Apple revamps its European Union App Store business terms, changing fees and distribution rules in an effort to comply with the Digital Markets Act and settle a dispute with regulators. The update affects how developers can distribute apps in the EU and what commissions Apple collects, marking another significant concession under Europe’s tougher competition regime.

Google reportedly plans to move Pixel manufacturing out of China, with production shifting further into India and Vietnam beginning next year and continuing through 2027. The change would deepen a broader electronics industry push to diversify supply chains, reduce geopolitical risk, and build alternative production hubs for major consumer devices.

Anthropic’s pre-IPO revolving credit facility is expected to grow beyond $10 billion as the AI company prepares for a possible public offering. The scale of the financing underscores strong investor appetite for leading AI firms and gives Anthropic additional flexibility as competition intensifies across model development, infrastructure, and enterprise sales.

OpenAI introduces “ChatGPT for Teens,” a version of the chatbot aimed at users aged 13 to 17 with added safeguards and school-oriented tools. The rollout applies age-based restrictions by default and is designed to encourage healthier use while making the product more suitable for homework and learning support.

Baidu posts a fifth straight quarterly revenue decline, with second-quarter sales down 4% from a year earlier to 31.3 billion yuan. The results show how persistent weakness in online advertising continues to outweigh growth in AI-related cloud services, leaving the company in a difficult transition as it tries to build new businesses around artificial intelligence.

A leaked video in a macOS Tahoe release candidate appears to show Apple’s rumored camera-equipped AirPods using Visual Intelligence features. The clip suggests Apple is testing earbuds that can interpret the surrounding environment, pointing to a possible expansion of its push to blend wearables, sensors, and on-device AI experiences.

CMF, Nothing’s budget brand, says it will unveil the CMF Buds Neo in India on August 20 at noon IST. A teaser shows elements of the charging case, a dial-like control feature, and possible color options, signaling another entry in the crowded affordable wireless-earbuds market.