Category Archives: Tech

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Just how big of a recovery will it take to bring investors back to web3?

The crypto community has been enjoying a welcome reprieve from the dismal climate of the past year but it’s unclear if these recent gains will translate into more lasting interest in the decentralized economy. © 2023 TechCrunch. All rights reserved. … Continue reading

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Jeff Bezos ‘aggressive’ again Tuesday selling more Amazon stock after unloading shares last week, sources say

Jeff Bezos is expected to be “aggressive” in dumping more shares of Amazon on Tuesday, sources told CNBC’s David Faber.

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Microsoft exec says OpenAI employees can join with same compensation

Microsoft CTO Kevin Scott offered to match the compensation of OpenAI employees considering a departure from the company.

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NFL committed to X partnership as Elon Musk’s social platform gets heat for hate speech

Advertisers such as Disney and Apple have paused advertising on X over concerns about hate speech and antisemitism.

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Elon Musk’s X is ‘profiting off violent content’ by Hamas, House Democrats allege

As Elon Musk and X fend off accusations of promoting antisemitic content, House Democrats want to know how they plan to rein in Hamas-related content.

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Amidst OpenAI chaos, Sam Altman’s involvement in Worldcoin is ‘not expected to change’

Sam Altman’s involvement in crypto project Tools for Humanity, which is building Worldcoin, remains uninterrupted, per a source close to the project. © 2023 TechCrunch. All rights reserved. For personal use only.

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Ford downsizes EV battery factory plan

Ford said Tuesday it will downsize its plans to build a factory in Michigan that makes cheaper lithium iron phosphate batteries using tech licensed from China’s CATL. The decision comes two months after Ford paused the factory project, known as … Continue reading

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Microsoft CEO Nadella says OpenAI governance needs to change no matter where Altman ends up

Microsoft CEO Satya Nadella told CNBC on Monday that the company remains committed to OpenAI and Sam Altman after three days of drama

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Plaid taps Adyen executive to lead its European operations

U.S. financial technology firm Plaid has hired Brian Dammeir, a former Adyen executive, as its new head of Europe, the company told CNBC exclusively.

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Hundreds of OpenAI employees threaten to follow Altman to Microsoft unless board resigns

Hundreds of OpenAI employees have signed a letter demanding the board resign or face an employee exodus to Altman’s new venture at Microsoft.

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