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Days after General Motors’ Cruise self-driving car unit pulled all of its vehicles off the roads in the U.S. for a safety review, it continues to test them on public roads in Dubai and Japan, Reuters has learned. Cruise this week said it had paused all car trips in the U.S. – including ones where a safety driver was in the vehicle - and expanded the scope of its internal investigation following an October accident that caught the attention of regulators. A spokesman for Cruise confirmed its vehicles overseas, identical to those in the U.S., were still undergoing public testing abroad, saying it was a “small pilot.”...
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OpenAI said CEO Sam Altman will step down, saying its board "no longer has confidence in his ability" to lead the AI startup...
Continue Reading(Bloomberg) -- OpenAI Interim Chief Executive Officer Mira Murati was “honored and humbled” to step into the leadership role at the company following the ouster of Sam Altman, according to a memo she sent to staff reviewed by Bloomberg. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimHamas Mastermind Who Tricked Israel I...
Continue ReadingAt least one shareholder is calling for Tesla's board to censure the CEO. The White House weighed in, too...
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We shifted targets and panic points for many of our holdings, including Chipotle, Qualcomm, and Costco and made a couple small trades...
Continue ReadingChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s clear that AI tools are not going away anytime soon. Since its initial launch nearly a year ago, ChatGPT has hit 100 million weekly active users, and OpenAI i...
Continue ReadingAmazon's holiday deals could be out of this world. But will they be better than what's released during the retail giant's Prime Day events? Find out here...
Continue ReadingApple (AAPL) unveiled several updates to its text messaging system, allowing for easier communication with Android (GOOG, GOOGL) phone users. Yahoo Finance's Pras Subramanian, Alexandra Canal, and Josh Schafer chat about this and the social "ramifications" of receiving a green bubble text from Android owners. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingAmazon (AMZN) is warning that employees who do not comply with 3 day-a-week office requirements may not get promotions, according to a report from CNBC. Yahoo Finance’s Josh Schafer, Alexandra Canal, and Pras Subramanian weigh in on this new policy and what this could mean for employees who enjoyed flexibility as remote workers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingExplore Third Point's tech-focused portfolio structure in Q3, with major holdings accounting for over 70% of the fund's AUM. Read the article for more details...
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