OpenAI will likely use the investment to develop and scale its software and improve Microsoft products and services.The move is a gamble for Microsoft because OpenAI will inevitably face competition in the fast-growing and highly competitive field of artificial intelligence.According to Semafor sources, when Microsoft gets its money back, the deal will go to an ownership structure. Under this structure,…
Chinese government agencies intend to buy so-called "golden shares" in units of Alibaba Group Holding Ltd. and Tencent Holdings Ltd., suggesting that Beijing is seeking to ensure greater control over key players in the world's largest Internet arena. The debate comes as Beijing prepares to loosen its grip on the sector and overcome the harsh crackdown that has engulfed almost…
Tim Cook, Apple's CEO, will cut his salary by more than 40 percent this year. According to the latest official announcement , Tim Cook's total compensation will be $99.4 million in 2022. His total salary was $13.4 million, including a $3 million salary, $83 million in stock and another $3.4 million in bonuses and incentives. Cook earned a total of…
The Irish Data Protection Commission found that Meta illegally required users to consent to personalized and targeted advertising.Meta will pay about $223 million for violating Facebook’s privacy policy and about $191 million for its actions on Instagram.Meta announced plans to appeal the decision, stating that it believed that its approach to data protection respected user privacy. Facebook and Instagram’s parent…
The electric car company continues to advertise its Full Self-Redriving option, despite the recognition that the technology is not self-contained, it seems to violate a particular aspect of government regulations.California, Tesla’s main US market for electric cars, passed a new law in early 2023 that requires car manufacturers and dealers to avoid "misleading marketing" of partially automated driving technology as…
Everyone starts the new year thinking it will be the time when they finally change their lives . Maybe it's time to start a new project or say goodbye to an old one. Or maybe it's a goal to lose weight or read more books. Whatever the new year brings, chances are good that one thing that will help you…
Tesla, one of the worst shares of 2022, jumped on Thursday, leading a broader stock market growth that is likely to end a not-so-good and very bad year on a positive note.Markets grow on the strongest consumer confidence data since AprilTesla rose by 7.9% to $121.57, gaining 3.3% on Wednesday and largely offsetting the 11.5% Tuesday loss caused by supply…
FTX founder Sam Bankman-Fried was released from custody on Thursday after his attorneys negotiated a $250 million bail agreement with prosecutors, as former cryptocurrency titanium awaits federal criminal prosecution, but he didn’t actually contribute any of his own money to the plea agreement, despite an astronomical figure. HIGHLIGHTSBankman-Fried was released on personal recognizance, requiring his parents to contribute capital to…
Meta introduced several new programs and features in 2022 designed to improve security and safety on its platforms, the company said in its year-end news release . Last year, parent company Facebook and Instagram continued to focus on initiatives aimed at eliminating covert influence operations and spyware, as well as bug detection. Reprisals against coordinated misbehaviorAmid concerns about Russian interference…
AirTags are useful devices to help you find keys and other items. However, there have been some concerns about AirTags being used for stalking - after all, it's pretty easy to slip them into someone's bag. That was the subject of an article in The Washington Post , which found that by placing one of the small devices in a…
