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Binance Exodus: Crypto investors withdraw nearly $1 billion from Binance after CEO pleaded guilty to fraud
Nickie Louise Posted On November 22, 2023


Binance, the world’s largest cryptocurrency exchange, is facing a mass exodus of customers following a guilty plea by the company’s founder and former CEO Changpeng Zhao (CZ), Zhao. The fallout started after crypto investors pulled out about $956 million from […]


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Sam Altman returns as OpenAI CEO
Nickie Louise Posted On November 22, 2023


After nearly a week of drama, the OpenAI board has changed its decision and brought back Sam Altman as the CEO, the AI startup said in a post early Wednesday morning on X, formerly known as Twitter. The decision comes after […]


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ChatGPT is down again: Suffers another outage just as Elon Musk shared OpenAI’s letter with “concerns worth investigating”
Daniel Levi Posted On November 21, 2023


Online users are feeling a wave of frustration as OpenAI services, including the widely used chatbot ChatGPT, are grappling with yet another major outage. Interestingly, the outage occurred just a few minutes after Elon Musk shared an OpenAI letter that […]


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Binance CEO Zhao to step down after pleading guilty to anti-money laundering crime; agrees to pay $4.3B fine
Nickie Louise Posted On November 21, 2023


In a swift turn of events, just a day after the U.S. Justice Department charged the world’s largest crypto exchange, Binance, with money laundering and bank fraud, the co-founder and CEO, Changpeng Zhao (CZ), has agreed to step down, according […]


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OpenAI interim CEO threatens to quit unless board provides evidence of Sam Altman’s wrongdoing
Daniel Levi Posted On November 21, 2023


The OpenAI saga continues to change by the minute. Barely a day into his role as interim CEO of OpenAI, Emmett Shear has reportedly issued an ultimatum to the board to provide evidence of any wrongdoing by Sam Altman, or […]


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Broadcom’s $69 Billion VMWare takeover set to close Wednesday
Daniel Levi Posted On November 21, 2023


Broadcom announced today it plans to finalize the $69 billion acquisition of cloud computing firm VMware tomorrow, Wednesday, marking the conclusion of one of the largest takeover deals in the technology industry. This acquisition has been under close scrutiny from […]


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AI startup Layer AI raises $1.8M to supercharge game art production
Nickie Louise Posted On November 21, 2023


Designing and creating captivating games requires extensive effort and expertise. Even with the help of artificial intelligence, many of today’s AI tools cater either to broad applications and basic model training or offer standalone features that aren’t tailored to everyday […]


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AI automation startup for social media Munch raises $7.2M in seed funding led by A* Capital
Nickie Louise Posted On November 21, 2023


The surge in social media demand has put a strain on content professionals, who face a labor-intensive and creatively exhausting process of manually creating content. This makes it challenging to actively participate in popular conversations. Recent reports reveal that 90% […]


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Was Sam Altman fired by OpenAI’s board over ‘Q-Star’ breakthrough seen as threat to humanity?
Daniel Levi Posted On November 21, 2023


The sudden news of OpenAI’s co-founder and former CEO, Sam Altman, being ousted by the company’s board on Friday left everyone in disbelief. Since then, various speculations and rumors have circulated online regarding his abrupt firing. While the reasons behind […]


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Binance faces massive fine of $4 billion to settle US criminal charges of money laundering and bank fraud
Daniel Levi Posted On November 20, 2023


Binance, the world’s largest cryptocurrency exchange, is reportedly facing a massive $4 billion fine to settle U.S. criminal charges. The U.S. Justice Department is in discussions with Binance Holdings to resolve a lengthy investigation, seeking over $4 billion as part […]


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Sam Altman’s move to Microsoft is reportedly not a done deal, still trying to return to OpenAI as CEO
Daniel Levi Posted On November 20, 2023


The OpenAI saga took an unexpected turn this afternoon after the Verge reported that Sam Altman’s move to Microsoft isn’t a done deal and that Altman is still trying to return to OpenAI as the CEO. According to The Verge, […]


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Sam Altman: “We have more unity and commitment and focus than ever before. We are all going to work together …one team, one mission”
Nickie Louise Posted On November 20, 2023


The OpenAI drama is beginning to get more interesting. Shortly after Microsoft revealed the hiring of OpenAI co-founder and former CEO Sam Altman, Altman took to X to share a message of increased unity, commitment, and focus within the team. […]


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Mastercard partners with AI startup Feedzai to combat crypto fraud
Daniel Levi Posted On November 20, 2023


Payments giant Mastercard has joined forces with AI startup Feedzai to fortify crypto defenses and strengthen its effort to combat fraud within cryptocurrency exchanges. The partnership aims to enhance Mastercard’s capabilities in preventing crypto-related fraud through Feedzai’s regulatory technology platform, which […]


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Bullish acquires crypto news site CoinDesk in an all-cash deal
Nickie Louise Posted On November 20, 2023


Crypto Exchange Bullish has bought CoinDesk, a leading news and information platform for the crypto industry. In an announcement on Monday, Bullish revealed it has acquired 100% of CoinDesk from Barry Silbert’s Digital Currency Group (DCG) CoinDesk in an all-cash […]


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“I deeply regret my participation in the board’s actions,” OpenAI co-founder and ChatGPT-4 creator Ilya Sutskever says
Daniel Levi Posted On November 20, 2023


In a post on the social platform X, ChatGPT-4 creator and OpenAI board member Ilya Sutskever has publicly expressed regret for his role in the decision that resulted in the dismissal of the company’s co-founder and former CEO, Sam Altman. […]


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Hundreds of OpenAI employees threaten to quit and join Sam Altman at Microsoft if board doesn’t resign
Daniel Levi Posted On November 20, 2023


Hundreds of OpenAI employees, including co-founder Ilya Sutskever, have collectively signed a letter calling for the resignation of the remaining OpenAI board members and threatened to join Sam Altman’s new venture at Microsoft, Wired and Kara Swisher reported Monday morning. “We, […]


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OpenAI names Twitch co-founder Emmett Shear as interim CEO amid leadership shakeup
Nickie Louise Posted On November 20, 2023


What a weekend it’s been! OpenAI went through a tumultuous period of leadership change in the past 72 hours. On Friday, the board of directors made the abrupt decision to oust Sam Altman, the co-founder and CEO. Following Altman’s departure, […]


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Microsoft hires Sam Altman after OpenAI board rejected his return
Nickie Louise Posted On November 20, 2023


What a weekend it’s been! After a 48-hour rollercoaster ride following the surprising firing of OpenAI’s co-founder and former CEO, Sam Altman, here’s the latest twist: Microsoft has snapped up Altman after the OpenAI board rejected his return. In an […]


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Sam Altman is reportedly discussing a possible return to OpenAI even as he considers launching a new AI venture
Nickie Louise Posted On November 19, 2023


The last 24 hours have been a complete rollercoaster since OpenAI’s co-founder and former CEO Sam Altman was ousted. The Information reported on Sunday that Altman and former President Greg Brockman joined executives at OpenAI’s San Francisco headquarters after interim […]


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Insider changes its name back to Business Insider as co-founder Henry Blodget steps down as CEO
Daniel Levi Posted On November 18, 2023


In a major rebranding move, Insider has changed back to its former name, Business Insider, signaling a “new beginning” and renewed focus on its core business objectives. As part of the rebrand, the company also announced on Tuesday that Henry […]


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