Category Archives: Business

A DOJ Settlement Would Show Binance Is Too Big to Fail

The US government is reportedly willing to suspend criminal charges against crypto exchange Binance, provided it steps into line—and pays $4 billion.

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New Orleans Tried to Control Short-Term Rentals With a Lottery System. It Was a Mess

In trying to limit the impact of short-term rentals like Airbnbs, New Orleans used an elaborate lottery system to pit neighbors against each other. A lawsuit from angry hosts has put it in limbo.

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New York Wants More Electric Ubers. Everyone Is Mad

New York City is lagging in the electric vehicle transition, and officials want to speed it up. What could go wrong? Well, the court’s involved now.

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Twitter’s Former Head of Trust and Safety Finally Breaks Her Silence

From Israel vs. Hamas threats to Donald Trump’s “wild” posts, Del Harvey helped make the platform’s hardest content moderation calls for 13 years. Then she left in 2021 … and disappeared.

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The Mystery at the Heart of the OpenAI Chaos

Last week Sam Altman was sensationally fired from OpenAI, tipping the AI company into chaos. It remains unclear what made the board decide to act.

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95 Percent of OpenAI Employees Threaten to Follow Sam Altman Out the Door

Nearly all of OpenAI’s 770 employees have now joined a letter threatening to quit in protest over the board’s decision to fire CEO Sam Altman. They’re demanding he be reinstated.

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Climate Activists Tell the EV Industry to Fix Its Filthy Supply Chain

EV production often relies on coal power and harmful labor practices. Climate activists in Squid Games costumes disrupted the LA Auto Show this weekend to demand urgent change.

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Meet Emmett Shear, OpenAI’s ‘Highly Intelligent, Socially Awkward’ Interim CEO

Emmett Shear is taking over from Sam Altman as interim CEO of OpenAI. Sources have given a mixed review of his suitability for the role.

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OpenAI Staff Threaten to Quit Unless Board Resigns

Nearly 500 employees of OpenAI have signed a letter saying they may quit and join Sam Altman at Microsoft unless the startup’s board resigns and reappoints the ousted CEO.

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Microsoft Emerges as the Winner in OpenAI Chaos

Microsoft has hired OpenAI cofounders Sam Altman and Greg Brockman to head a new advanced AI team, acquiring one of the most successful management groups in the AI industry.

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