Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
OpenAI CEO’s ouster was over “breakdown of communications,” not “malfeasance” -memo
By Anna Tong OpenAI CEO Sam Altman's firing was over a "breakdown in communication between Sam and the board," and not "malfeasance or anything related to our financial, business, safety, or security/...
Nov 18, 2023
Factbox-APEC’s ‘San Francisco Principles’ on sustainability, inclusiveness
SAN FRANCISCO (Reuters) - The Asia Pacific Economic Cooperation members on Friday adopted new trade and investment principles that seek to boost environmental sustainability and social well-being afte...
Nov 18, 2023
OpenAI’s $86 billion share sale in jeopardy after Altman firing- The Information
(Reuters) -A planned sale of OpenAI employee shares that would value the startup at about $86 billion on paper hangs in the balance after the sudden firing of CEO Sam Altman and a slew of top executiv...
Nov 18, 2023
Meta breaks up its Responsible AI team – The Information
(Reuters) - Meta Platforms has split its Responsible AI team that worked on understanding and preventing harms associated with the artificial intelligence technology it is developing, as the company d...
Nov 18, 2023
Tesla beats lawsuit claiming it monopolizes repairs, parts
By Jonathan Stempel (Reuters) - A U.S. judge dismissed an antitrust lawsuit accusing Elon Musk's electric car company Tesla of forcing customers to pay high prices and suffer long waits for repairs by...
Nov 18, 2023
SpaceX Starship set for repeat test flight, seven months after last one blew up
By Joe Skipper, Joey Roulette and Steve Gorman BOCA CHICA, Texas (Reuters) - SpaceX's next-generation spacecraft Starship, developed to carry astronauts to the moon and beyond, was set for blastoff on...
Nov 18, 2023
China vows to support property sector, tackle local debt
BEIJING (Reuters) - China's central bank and financial regulators pledged on Friday to ensure financing support for the property sector and to work together to resolve local government debt risks. Chi...
Nov 18, 2023
In ousting CEO Sam Altman, ChatGPT loses its best fundraiser
By Greg Bensinger (Reuters) - Artificial intelligence may be well-known for generating human-like images out of whole cloth, but if the software has a public face it is Sam Altman's. The co-founder of...
Nov 17, 2023
Boston Fed’s Collins: Remain optimistic in soft landing from inflation
By Howard Schneider BOSTON (Reuters) - Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage ...
Nov 17, 2023
Disney pauses ads on Elon Musk’s social media platform X
(Reuters) - Walt Disney Co said on Friday it has paused advertising on Elon Musk's social media site X. (Reporting by Maria Ponnezhath in Bengaluru;editing by Diane Craft)
Nov 17, 2023
