Today’s Cache | Binance fined $4 billion as CEO steps down; Sam Altman to return as OpenAI CEO; Epic Games chief lambasts Google in court
1 year, 1 month ago

Today’s Cache | Binance fined $4 billion as CEO steps down; Sam Altman to return as OpenAI CEO; Epic Games chief lambasts Google in court

The Hindu  

Binance fined $4 billion as CEO steps down The largest cryptocurrency exchange in the world, Binance, was hit with a $4 billion fine in one of the costliest legal penalties faced by a crypto company. Sam Altman to return as OpenAI CEO Though Microsoft CEO Satya Nadella stated that fired OpenAI CEO Sam Altman and his colleagues would be joining the Windows-maker in order to lead a new AI research team, OpenAI announced today that Altman would be returning as the company’s CEO with a new initial board. Altman’s shock firing last week, followed by former President Greg Brockman’s resignation, the appointment of two new interim CEOs in around three days, and an open letter signed by most OpenAI employees threatening to follow Altman out, have greatly spooked Microsoft investors and the tech industry at large. Epic Games CEO lambasts Google in court Epic Games CEO Tim Sweeney did not mince words as he called for an end to Google’s methods of operating the Play Store for Android apps, claiming that the internet giant unfairly dominated the market and did not allow app makers to flourish outside its ecosystem. The chief of the company behind the Fortnite game alleged Google was gouging prices and collecting expensive commissions on in-app digital transactions, adding that when Epic tried to make Fortnite for Android available on its own website, Google’s “scare screens” and pop-ups stopped users from leaving the Play Store.

History of this topic

Elon Musk created for-profit structure for OpenAI; Sam Altman’s startup hits back at Tesla CEO
1 week, 3 days ago
Elon Musk takes Sam Altman's OpenAI to court over for-profit transformation
3 weeks, 1 day ago
Elon Musk targets Microsoft in OpenAI lawsuit: ‘Trying to eliminate competitors’
1 month, 1 week ago
OpenAI raises $6.6 billion in funds at $157-billion valuation
2 months, 3 weeks ago
OpenAI exec Mira Murati says she's leaving artificial intelligence company
2 months, 4 weeks ago
OpenAI CEO Sam Altman's $27m mansion with ‘Batcave’ is a leaky ‘lemon,’ lawsuit says
5 months ago
Satya Nadella pulls off $1.5 bn, OpenAI-type deal with G42 to cement Microsoft’s AI lead
8 months ago
OpenAI removes Sam Altman's ownership of its Startup Fund
8 months, 3 weeks ago
OpenAI’s legal battles are not putting off customers—yet
9 months, 2 weeks ago
OpenAI CEO Sam Altman to return to company's board
9 months, 2 weeks ago
Elon Musk sues OpenAI and CEO Sam Altman for abandoning original mission to 'benefit humanity' and instead making too much money - case could last for last for years and allow Google and Apple to catc
9 months, 3 weeks ago
Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity
9 months, 3 weeks ago
Elon Musk sues OpenAI and CEO Sam Altman for abandoning mission
9 months, 3 weeks ago
Elon Musk sues OpenAI and CEO Sam Altman. What triggered this move?
9 months, 3 weeks ago
Elon Musk sues OpenAI over its relationship with Microsoft
9 months, 3 weeks ago
Elon Musk sues OpenAI and CEO Sam Altman for putting profits above humanity
9 months, 3 weeks ago
Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of goal to benefit humanity
9 months, 3 weeks ago
Microsoft-backed OpenAI secures $80 billion valuation
10 months ago
OpenAI is already close to $2 bn in revenue as growth skyrockets, had managed $1 bn last year
10 months, 1 week ago
OpenAI's Sam Altman to raise ‘trillions of dollars’ to ‘reshape’ semiconductor industry: Report
10 months, 2 weeks ago
OpenAI chief Sam Altman is seeking up to $7 TRILLION from investors including the UAE for secretive project to 'reshape the global semiconductor industry'
10 months, 2 weeks ago
Next wave of OpenAI could include 'uncomfortable' homophobic comments, says Sam Altman just days after marrying husband - but latest tech will stop short of inciting hate
11 months ago
Sam Altman's exit from OpenAI: Behind the scenes revealed | Check details
1 year ago
Microsoft’s answer to OpenAI inquiry: It doesn’t own a stake
1 year ago
OpenAI Cofounder Reid Hoffman Gives Sam Altman a Vote of Confidence
54 years, 11 months ago
Sam Altman reveals why he was fired, then re-hired as OpenAI CEO, says 'was hurt and angry'
1 year ago
'Thankful for investing a huge amount of effort': Sam Altman's message to OpenAI's ousted board | Read here
1 year ago
Business Matters | Is OpenAI on the verge of a great tech breakthrough?
1 year ago
We are faster than Sam Altman and OpenAI: Namma Yatri's marketing spin on point
1 year ago
PROFILE | Sam Altman: Back at OpenAI, but questions on initial firing and future of AI persist
1 year ago
OpenAI Got Its CEO Back. What Happens Next?
1 year, 1 month ago
After Sam Altman joins back OpenAI, this is what Satya Nadella felt
1 year, 1 month ago
How Sam Altman return as OpenAI chief affects Microsoft? Experts explain
1 year, 1 month ago
How OpenAI pulled off Sam Altman's return? ‘72 intense hours of work,’ reveals interim CEO Shear
1 year, 1 month ago
Sam Altman to return as OpenAI CEO after shock ouster
1 year, 1 month ago
OpenAI brings back Sam Altman as CEO just days after his firing unleashed chaos
1 year, 1 month ago
Satya Nadella's reaction as Sam Altman returns to OpenAI
1 year, 1 month ago
OpenAI drama ends, Sam Altman reinstated as CEO, AI company constitutes new board
1 year, 1 month ago
Sam Altman to return as OpenAI CEO, says 'love this company'
1 year, 1 month ago
OpenAI announces Sam Altman's return as CEO in major shift
1 year, 1 month ago
Five days of chaos: What just happened at OpenAI?
1 year, 1 month ago
OpenAI’s unusual nonprofit structure led to dramatic ouster of sought-after CEO
1 year, 1 month ago
Microsoft CEO Says He's 'Open' To Prospect Of Sam Altman Returning To OpenAI
1 year, 1 month ago
Microsoft hires Sam Altman: Tracing 7-year-partnership between OpenAI and tech giant
1 year, 1 month ago
OpenAI Staff Threaten To Leave And Join Sam Altman At Microsoft: Read The Letter Here
1 year, 1 month ago
Salesforce CEO offers jobs to OpenAI researchers quitting, Sam Altman aims to return as CEO
1 year, 1 month ago
'Compensation never crossed my mind': OpenAI employees turn down Salesforce CEO's job offer
1 year, 1 month ago
Can Sam Altman return to OpenAI? Satya Nadella replies, a day after hiring him for Microsoft
1 year, 1 month ago
Company that created ChatGPT is thrown into turmoil after Microsoft hires its ousted CEO
1 year, 1 month ago

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