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In significant corporate news, Elon Musk has reached an agreement with the SEC to settle the lawsuit regarding the 2022 Twitter acquisition, bringing closure to a contentious chapter. Meanwhile, SAP plans to invest over €1 billion in artificial intelligence, signaling its commitment to enhancing technological capabilities amid rising competition in the industry. On the tech front, Apple intends to increase its investment in development initiatives under its new CEO, indicating a strategic pivot to drive innovation and growth.