An elite tech firm's quiet pitch to Wall Street backers has ignited a fierce public showdown over the future of the smartphone market. A leaked report claimed that a sleek, pocket-sized piece of hardware was secretly showcased to prospective shareholders ahead of a historic initial public offering in New York.
However, the multi-billionaire behind the venture has now broken his silence, launching a blistering counter-attack on the rumours and setting up a high-stakes battle of words that could reshape industry valuations overnight.