Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter. OpenAI and a representative for the California Attorney General did not immediately respond to Reuters’ requests for comment. A shift … Read more
Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021. Source: The Nasdaq Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter. Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: … Read more
Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares jumped 12% in extended trading on Monday after the data analytics software maker reported robust third-quarter results and revenue guidance. Here’s how … Read more
Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images At around $23 a share, Intel is no longer a viable member of the Dow Jones Industrial Average. That was the conclusion of the S&P Dow Jones committee, which decides … Read more
Elon Musk’s X has been modified so that accounts you’ve blocked on the social media platform can still see your public posts. X updated its Help Center page over the weekend to explain how blocking now works on the site. While you can still block accounts, those accounts will now be able to see your … Read more
San Francisco transit officials have approved a $212 million overhaul of its aging train control system — which for decades has run on data stored by floppy disks. The Municipal Transportation Agency board, which oversees the Muni Metro light rail network in the city, approved a new contract with Hitachi Rail to upgrade its existing … Read more
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024 (L), and Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Reuters Physical Intelligence, a robot startup based in San Francisco, has raised $400 … Read more
LARNACA, Cyprus — From as far as Algeria, Iraq and Georgia, an assortment of senior government officials converge on this small facility for training by top U.S. experts to prevent the kinds of materials used to build weapons of mass destruction from crossing their borders. In just its third year of operation, the U.S.-funded Cyprus … Read more
Stand With Crypto’s bus tour through five battleground states stopped in Las Vegas last week, where crypto advocates heard from the state treasurer and chief of staff for the lieutenant governor. Logan Dobson/Stand With Crypto Alliance With one day to go until the U.S. general election, crypto companies have already poured tens of millions of … Read more
It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too. Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned … Read more