X sues Media Matters after report about ads next to antisemitic content
By Sheila Dang Messaging platform X on Monday sued media watchdog group Media Matters, alleging the organization defamed
2023-11-21 07:57
Epic Games’ Sweeney Takes Aim at Android’s ‘Fake Open Platform’
Epic Games Inc. Chief Executive Officer Tim Sweeney testified that Google’s Android operating system is a “fake open
2023-11-21 07:52
Milei’s Dollarization Gets First Test as Argentine Banks Reopen
Javier Milei couldn’t have hoped for a better reception from investors on his first day as Argentina’s president-elect.
2023-11-21 07:48
Zoom Beats Sales Estimates on Improving Enterprise Business
Zoom Video Communications Inc. reported better-than-expected revenue on strong enterprise sales, a sign the company is holding its
2023-11-21 05:53
Microsoft on Pace to Hit All-Time High After Hiring OpenAI’s Sam Altman
Microsoft Corp. hit a new all-time high after the software giant hired OpenAI co-founders Sam Altman and Greg
2023-11-21 05:29
ASML to Invest €100 Million a Year in Berlin Chip Factory, Handelsblatt Says
Dutch semiconductor company ASML will invest €100 million ($109 million) in 2023 and the same amount annually in
2023-11-21 04:20
Amazon's logistics workers in Spain plan Cyber Monday walk-outs
MADRID Spanish union CCOO on Monday called on 20,000 warehouse and delivery workers at Amazon's local unit to
2023-11-21 03:46
OpenAI staff ‘threaten to quit over ousting of Sam Altman’
Around 500 employees at OpenAI have signed a letter demanding the company’s board resigns and reinstates dismissed chief executive Sam Altman, it has been reported. According to Wired, staff at the AI firm behind ChatGPT who have signed the letter have threatened to quit and join Mr Altman in his new venture at Microsoft unless he is allowed to return to the company. The report says the letter claims the board’s decision to remove Mr Altman and co-founder Greg Brockman has jeopardised the company’s work and accuses the board of not having the competence to oversee the company. It calls for the board to resign and be replaced by two new lead independent directors, and adds that if their demands are not met, those who have signed the letter may choose to resign from the company and join Mr Altman and Mr Brockman in their new AI research team at Microsoft – which announced Mr Altman would be joining the company on Monday. According to reports, the letter has been signed by several senior members of staff at OpenAI, including Ilya Sutskever, the company’s chief technology officer and one of the board members at the centre of the decision to initially remove Mr Altman. Mr Sutskever has since posted to X, formerly Twitter, that he “deeply regrets” his participation in the board’s action and that he would “do everything I can to reunite the company”. The demands from staff continue an extraordinary few days for the company, which announced the shock decision to dismiss Mr Altman on Friday, with the board saying in a statement it “no longer has confidence in his ability to continue leading OpenAI”, but not revealing any specific reasons for his dismissal. Reports emerged over the weekend suggesting Mr Altman was in discussions with OpenAI about quickly returning as chief executive, but these talks were said to have broken down on Sunday, before Microsoft – OpenAI’s largest investor – announced Mr Altman was joining a new advanced AI research team at the company in a post on Monday morning. OpenAI has since offered the chief executive role to former Twitch boss Emmett Shear, who said he had agreed to join the company. A number of OpenAI staff took to social media on Monday to post the same message: “OpenAI is nothing without its people”, in a first sign of ongoing discontent inside the firm. Read More Microsoft hires ousted OpenAI boss Sam Altman OpenAI in talks to bring Sam Altman back days after CEO ouster, reports say OpenAI co-founder Sam Altman ousted as CEO
2023-11-21 03:15
Explainer-GM-owned Cruise's wrong turn could slow robotaxi push
U.S. robotaxi operators could face increased regulatory scrutiny after an accident involving Cruise, the self-driving cab business of
2023-11-21 01:46
US seeks more than $4 billion from Binance to end criminal case - Bloomberg News
The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed
2023-11-21 01:45
OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t Quit
Most of OpenAI’s employees have threatened to resign and follow ousted leader Sam Altman to Microsoft Corp. unless
2023-11-21 00:46
Crypto firm Tether says it has frozen $225 million linked to human trafficking
By Elizabeth Howcroft LONDON Crypto firm Tether said on Monday that it had frozen $225 million worth of
2023-11-21 00:25