Long Read: OpenAI acquires Jony Ive’s io – but what has it actually bought?

 
OpenAI has just done something profoundly un-OpenAI: it’s bought a hardware company. The announcement that it has acquired io – the secretive design venture set up by Jony Ive and backed by SoftBank – reads like a love letter to possibility more than a straight M&A move.  But behind the gloss and lofty promises, what has OpenAI actually bought?
The answer isn’t a product – at least not yet. Io hasn’t released a…

L&T strengthens Advertising & Marketing team with lateral hire

We are delighted to announce the appointment of Rebecca Coleman to the Partnership.
Rebecca will join the firm on 24 February 2025 from international advertising group, VCCP, where she was Group General Counsel.
Rebecca brings a wealth of expertise and industry insight to Lee & Thompson, gained from over 15 years of legal experience in the creative and advertising sectors. During her tenure at VCCP, Rebecca played a pivotal role within the ag…