Trade secrets

Apple sues former employee over new chip venture

A picture of Apple Park, Apple's "spaceship" campus in Cupertino.
A picture of Apple Park, Apple's "spaceship" campus in Cupertino. Photo: Ina Fried

Apple is suing a former employee who started Nuvia, a server chip startup that has hired at least 8 former Apple workers.

Why it matters: The suit is already bringing forth unusual disclosures from inside the secretive tech giant, including allegations Apple illegally searched its former employees' private text messages.

Anti-China rhetoric could cause trouble for U.S. tech investors

Illustration of a chinese dragon in a bird cage
Illustration: Lazaro Gamio/Axios

U.S. tech startup investors have spent the past decade trying to deepen ties with China, but some of those efforts may soon backfire. Particularly as anti-China rhetoric continues to ramp up on Capitol Hill.

The big picture: Part of this relates to last year's changes to the Committee on Foreign Investment in the United States (CFIUS), which used to focus on foreign entities buying control of U.S. companies in a way that could pose national security concerns.