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App Store Award winners include AllTrails, Photomator, and "Hello Kitty Island Adventure," plus, Apple says generative AI is 2023's biggest trend amongst innovative apps...
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Apple supplier Foxconn is struggling to get its factories in India to operate efficiently, with employees citing language barriers, culture clashes, and difficulty adapting to strenuous schedules...
Continue ReadingThe group of directors will expand and strengthen governance structure following CEO Sam Altman’s surprise ouster and return...
Continue ReadingNascar has struck new television and streaming rights deals worth $7.7 billion with media partners including Amazon Warner Bros. Discovery and Fox as interest in the sport grows. The value of Nascar’s new seven-year deals is 40% higher than its prior arrangements, a person familiar with the situation said. Nascar forged new deals with Warner Bros. Discovery’s TNT cable network and Max streaming service, Comcast NBC Sports, Fox and Nexstar’s CW Network...
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Key investor in generative AI start-up seeks to strengthen corporate governance after week of tumult...
Continue Reading(Bloomberg) -- OpenAI said that Sam Altman was officially reinstated as chief executive officer and that it has a new initial board of directors, with Microsoft Corp. joining as a nonvoting observer.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterHenry Kissinger, Secretary of State in 1970s Crises, Dies at 100Bond Yields Fall on Signs Fed...
Continue ReadingTwelve days after OpenAI fired Sam Altman as CEO and Greg Brockman as board chairman, the company formally announced that it has hired them both back...
Continue ReadingSam Altman is officially back as OpenAI's CEO after a tumultuous week and change. And OpenAI officially has a new board of directors, replacing most of the board that attempted to oust Altman in the days leading up to Thanksgiving. In a letter circulated internally at OpenAI and subsequently published to the OpenAI blog, Altman announced that Mira Murati, who was briefly appointed interim CEO by the previous board, will return to her role as CTO, and confirmed that the initial new board will con...
Continue ReadingTesla chief executive Elon Musk spoke on accusations of antisemitism, the Cybertruck, OpenAI and more in a lengthy interview with Dealbook's Andrew Ross Sorkin...
Continue Reading(Reuters) -Microsoft will take a non-voting, observer position on OpenAI's board, CEO Sam Altman said in his first official missive after taking back the reins of the company on Wednesday. The observer position means Microsoft's representative can attend OpenAI's board meetings and access confidential information, but it does not have voting rights on matters including electing or choosing directors. Microsoft CEO Satya Nadella, who had recruited Altman to Microsoft after his ouster from OpenAI, had said earlier that governance at the ChatGPT maker needs to change...
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