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The Fear Premium in T-Bills Is Evaporating as Debt-Cap Deal Enters Final Stretch
The Fear Premium in T-Bills Is Evaporating as Debt-Cap Deal Enters Final Stretch
The fear premium baked into Treasury bills once seen as most at risk of a US default due
2023-06-03 00:19
Microsoft gets seat on OpenAI board with Sam Altman back as chief executive
Microsoft gets seat on OpenAI board with Sam Altman back as chief executive
Microsoft has been given a non-voting observer seat on OpenAI’s board, following the official return of Sam Altman as the ChatGPT company’s chief. OpenAI reached a deal to have Mr Altman back as the company’s chief executive, just days after it abruptly fired him. Mr Altman said he was looking forward to returning to OpenAI with the support of Microsoft chief Satya Nadella. “Sam Altman is back as CEO, Mira Murati as CTO and Greg Brockman as President. OpenAI has a new initial board,” OpenAI posted on Thursday on X. “I have never been more excited about the future. I am extremely grateful for everyone’s hard work in an unclear and unprecedented situation, and I believe our resilience and spirit set us apart in the industry,” Mr Altman said in a memo to employees. The addition of Microsoft, which has heavily invested in OpenAI, to its board as a non-voting observer means the software giant will get more access to view the company’s progress. It will, however, not have an official vote on its decisions. Mr Altman’s return also resolves some of the uncertainties around the non-profit company and its leadership. “The best interests of the company and the mission always come first. It is clear that there were real misunderstandings between me and members of the board,” the returning chief said in his memo. “For my part, it is incredibly important to learn from this experience and apply those learnings as we move forward as a company,” he said. “I welcome the board’s independent review of all recent events.” With three of the board members who ousted Mr Altman now gone, the company said its new board will consist of former Salesforce co-chief Bret Taylor, who will be OpenAI chairman, former treasury secretary Larry Summers and Quora boss Adam D’Angelo. OpenAI co-founder Ilya Sutskever, who voted to remove Mr Altman and later changed position to push for his return, will also exit the board, the company said. Greg Brockman, who quit the company amid the chaos last week, is returning to his previous role as the company’s president, OpenAI said. “Our research roadmap is clear; this was a wonderfully focusing time. I share the excitement you all feel; we will turn this crisis into an opportunity,” Mr Altman told employees. Read More Inside OpenAI’s bizarre boardroom battle with the man ‘who can see the future’ Microsoft stock just hit an all-time high amid OpenAI chaos Microsoft chief hints Sam Altman may return as OpenAI staff demand board resignation OpenAI staff ‘threaten to quit over ousting of Sam Altman’ Microsoft’s new AI tool cleans up messy backgrounds in video calls Nasa has received a signal from 10 million miles away
2023-11-30 14:49
Carvana enters deal with noteholders to cut debt by $1.2 billion
Carvana enters deal with noteholders to cut debt by $1.2 billion
(Reuters) -Used-car retailer Carvana said on Wednesday it has signed an agreement to reduce its total debt outstanding by over
2023-07-19 18:59
Theegala edges clear at PGA Fortinet
Theegala edges clear at PGA Fortinet
Sahith Theegala conjured a back-nine birdie spree to edge into a two-stroke lead after the third round of the PGA Tour's Fortinet...
2023-09-17 09:47
Former Binance CEO Changpeng Zhao must stay in US for time being, judge says
Former Binance CEO Changpeng Zhao must stay in US for time being, judge says
By Chris Prentice and Hannah Lang (Reuters) -Former Binance chief Changpeng Zhao must stay in the United States for the
2023-11-28 03:57
Planet of the Bass: How to listen to the full song
Planet of the Bass: How to listen to the full song
Planet of the Bass, the parody track that went viral from a TikTok clip to become the song of the summer, has now been released in full and here’s how to listen to it. Comedian Kyle Gordon caught the attention of TikTokers with his Eurodance parody track 'Planet of the Bass' as the character DJ Crazy Times. The catchy song has all the classic hallmarks of Eurodance music that was prominent in the 90s from the likes of bands such as Aqua, Vengaboys and La Bouche. It features an upbeat tempo, a lot of synths and grammatically incorrect lyrics such as, “Life, it never die. Women are my favourite guy”. Sign up to our free Indy100 weekly newsletter Gordon, aka DJ Crazy Times, voices the hilariously accurate male vocalist with a raspy monotone voice that throws in random ad-libs. Meanwhile, Ms. Biljana Electronica, the name of the female vocalist, sings the rest of the track. On TikTok, the original clip has now been viewed 8.4 million times. @kylegordonisgreat Planet of the Bass (feat. DJ Crazy Times & Ms. Biljana Electronica) #djcrazytimes #eurodance #90s #dancemusic #edm #funny #funnyvideos #funnytiktok How to listen to the full Planet of the Bass song Now, the full-length 3 minute 20 second track by Kyle Gordon is available on streaming services, including Spotify, Apple Music, Tidal and YouTube Music, via this link. The full song begins with DJ Crazy Times announcing, “Alert! Alert! DJ Crazy Times. If you want parties to be making, have some noise,” before proclaiming, “Oh, I’ve got an idea… world peace”. Planet of the Bass (feat. DJ Crazy Times & Ms. Biljana Electronica) www.youtube.com Fans were certainly excited for the release of the full track. One person wrote on X: “I am inordinately psyched for this.” “I am extremely ready,” another said. Gordon revealed he has also shot a brand new music video that is yet to drop. Fans are excited to see who will be playing Ms. Biljana Electronica, as the female vocalist has noticeably changed in every new clip that has been released in a funny nod to the fickle 90s genre. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-15 15:19
Corporación América Airports S.A. Reports June 2023 Passenger Traffic
Corporación América Airports S.A. Reports June 2023 Passenger Traffic
LUXEMBOURG--(BUSINESS WIRE)--Jul 17, 2023--
2023-07-18 04:54
Microsoft, Google to not challenge EU gatekeeper designation
Microsoft, Google to not challenge EU gatekeeper designation
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM Microsoft and Alphabet's Google will not challenge an EU law
2023-11-14 17:50
Wayne Rooney: MLS All-Stars had 'no time' to prepare tactically for Arsenal clash
Wayne Rooney: MLS All-Stars had 'no time' to prepare tactically for Arsenal clash
Wayne Rooney came out firing in post-game interviews after MLS All-Stars' 5-0 defeat to Arsenal.
2023-07-22 03:23
I'll give it a shot! Belgian becomes instant hurdler
I'll give it a shot! Belgian becomes instant hurdler
Talk about taking one for...
2023-06-25 03:50
Who is Gail D'Anthony? Trial date set for 76-year-old Maryland woman accused of killing her husband with cane
Who is Gail D'Anthony? Trial date set for 76-year-old Maryland woman accused of killing her husband with cane
The Maryland woman allegedly claimed to have 'pushed' her husband to the ground, 'where he hit his head on the floor' before attacking him with a cane
2023-09-24 18:54
Amy Poehler's profane response to Jimmy Fallon's snarky comment splits the Internet
Amy Poehler's profane response to Jimmy Fallon's snarky comment splits the Internet
Amy Poehler allegedly clapped back at Jimmy Fallon following a snarky comment
2023-09-12 17:55