Apple is expected to launch the iPhone 17 series in September, and rumours surrounding the new lineup have been circulating for a while. A new investor note by Jefferies analyst Edison Lee provides insight into the pricing of the iPhone 17 family. Apple is reportedly considering price hikes for its new lineup. The Cupertino technology … Read more
The recent few years have not been smooth sailing for Binance, which has time and again found itself surrounded by legal issues. In a first, Binance Holdings has established a board of directors comprising of seven members – who will weigh-in on the company’s decision making and business-related resolutions as an assistance to CEO Richard … Read more
LinkedIn co-founder Reid Hoffman is leaving OpenAI’s board to avoid conflicts of interest as he backs more artificial intelligence companies, he said in an online post. Hoffman, who has invested in and advised the startup since its 2015 founding, said his venture capital firm Greylock is funding companies such as presentation generator Tome, which are … Read more
The U.S. National Labor Relations board accused Apple of interfering with workers’ rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slack, the agency said on Friday. The NLRB complaint, issued on Thursday, accuses the iPhone maker of maintaining unlawful work rules around the acceptable … Read more
Coinbase, the US-based cryptocurrency exchange, has added three new members to its board of directors, including an executive from ChatGPT-maker OpenAI, as the company steps up its efforts to sway US crypto policy, Coinbase told Reuters on Thursday. The new members are Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former … Read more
Despite its notorious volatility and lack of regulation, the crypto sector appears to be gaining traction within the global investment community. By December, software giant Microsoft is expected to finalise its stance on adding Bitcoin to its balance sheets. Currently, the company is inviting shareholder feedback to gauge support for exploring Bitcoin investments. This development … Read more
Sam Altman‘s return as OpenAI’s chief executive will strengthen his grip on the startup and may leave the ChatGPT creator with fewer checks on his power as the company introduces technology that could upend industries, corporate governance experts and analysts said. OpenAI is bringing Altman back just days after his ouster as well as installing … Read more
Following Donald Trump’s win in the 47th US elections, the crypto industry has seen a rise in valuation, anticipating pro-crypto reforms in the coming months. Leveraging this wave of optimism, Ripple has launched its own stablecoin, RLUSD. The US-based fintech company behind the XRP cryptocurrency introduced RLUSD as a stablecoin pegged 1:1 to the US … Read more
Bullet Train, as the name says, is set on the eponymous Japanese hyper-speed rail network, formally known as the Shinkansen. For a movie, that delivers two things: unmatched (narrative) momentum, and a confined space that forces its characters inside a box. But annoyingly, in what’s partially a trait borrowed from the 2010 Kōtarō Isaka novel … Read more
Microsoft has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI start-up’s governance had improved significantly in the past eight months. iPhone maker Apple had also been expected to take an observer role on OpenAI’s board but would … Read more