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Business

“Elon Musk sues OpenAI accusing it of putting profit before humanity”

“Elon Musk has filed a lawsuit accusing OpenAI and its chief executive, Sam Altman, of betraying its foundational mission by putting the pursuit of profit ahead of the benefit of humanity. The world’s richest man, a founding board member of… Continue Reading…

Business

“Taylor Swift’s label UMG to pull music from TikTok, accusing the social media app of bullying”

“Universal Music Group said Wednesday it will cease licensing its music to TikTok and accused the short-form video giant of bullying and intimidation in its contract negotiations. A music licensing agreement between UMG and TikTok, which is owned by Chinese tech… Continue Reading…

Banking, Economy

“Cathie Wood just wrote an open letter to the Fed accusing it of stoking ‘deflation’ and looking at the wrong economic indicators”

“The Federal Reserve has raised interest rates at the fastest pace since the 1980s this year in an attempt to cure America’s inflation problem. But now, many economists and business leaders are beginning to question whether the medicine (rate hikes) could be worse than the disease (inflation).… Continue Reading…