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Lawyers for Elon Musk on Tuesday moved to dismiss the billionaire’s lawsuit against OpenAI and CEO Sam Altman, ending a months-long legal battle between co-founders of the artificial intelligence startup....
The wealthiest people in this country have never had it so good. While income and wealth inequality in the United States is soaring, more than 60% of Americans live paycheck to paycheck, we have one of the highest rates of childhood poverty among major countries on Earth, and more than 650,000 people are homeless....
From the article --...
Europeans using Apple, Google and other major tech platforms woke to a new reality Thursday as a landmark law imposed tough new competition rules on the companies — changing European Union citizens’ experience with phones, apps, browsers and more....
No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.
Reddit has never turned a profit in nearly 20 years, but filed to go public anyway::Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday.
White House confirms US has intelligence on Russian anti-satellite capability::The White House on Thursday confirmed that the national security threat flagged by the chairman of the House Intelligence Committee the previous day is related to “an anti-satellite capability that Russia is developing,” but sought to soothe...
Mark Zuckerberg made $29 billion this morning after Meta stock makes record surge::Mark Zuckerberg’s net worth increased by more than $28 billion between your morning coffee and your lunch break.
Disney+, Hulu and ESPN+ will start cracking down on password sharing | CNN Business::Disney is banning password sharing on its streaming services, following in the footsteps of competitor Netflix.
Zuckerberg seeks to place responsibility onto Apple and Google for underage social media use::Apple and Google, not social media companies, should be responsible for checking users’ ages to ensure they are not underage, Zuckerberg told lawmakers, suggesting it would be “trivial” for Congress to design legislation...
The Absurdity of the Return-to-Office Movement::The return-to-office demands make little sense from an overall economic perspective, while working parents, in particular, benefit from not having to waste time commuting to an office, writes Peter Bergen.
Wayfair lays off 13% of its workforce weeks after telling employees to work harder::Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic lockdowns.
Apple watches are seen on display at the Apple Store in Grand Central Station (Michael M. Santiago/Getty Imag)
Sam Altman, CEO of OpenAI, speaks at the meeting of the World Economic Forum in Davos, Switzerland. (Denis Balibouse/Reuters)
In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns....
