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“Ma’s Kitchen” has registered capital of 10 million yuan ($1.4 million), the system showed. 22 Arts and Culture, of which Jack Ma has 99.9% ownership, according to Qichacha, a corporate data provider in China. The new firm has not publicly provided details on its business model, or what kind of food it will sell. The Jack Ma Foundation did not immediately respond to a request for comment on Monday. Jack Ma seen in Shanghai in 2018.
Persons: Taipei CNN —, Jack Ma, , Ma’s, Ma, , Ben Cavender, Aly Song, Cavender Organizations: Taipei CNN, National Enterprise, and Culture, Euromonitor International, China Market Research, CNN, Locations: Hong Kong, Taipei, Hangzhou, China, Shanghai
Foxconn founder Terry Gou has withdrawn from Taiwan's presidential race. AdvertisementTerry Gou, the founder of Foxconn – Apple's main manufacturer of iPhones – has dropped out of Taiwan's presidential race. Taiwan's presidential race is closely watched because China claims the self-ruled island — a semiconductor powerhouse — as its own territory. The more opposition candidates there are, the more these votes could be split against the ruling party to ensure Lai's win. Other presidential candidates in the island's presidential race are DPP's Lai, KMT's Hou Yu-ih, and former Taipei mayor Ko Wen-je from the Taiwan People's Party.
Persons: Terry Gou, Gou, , Foxconn, , William Lai, Xi Jinping, Lai, Beijing wouldn't, Tammy Lai, KMT's Hou Yu, Ko Wen Organizations: Service, Democratic Progressive Party, Nvidia, Kuomintang, ih, Taiwan People's Party Locations: China, Taiwan, Beijing, Taipei
And OpenAI, the company behind ChatGPT, is on its third CEO in as many days. And how should other institutions – governments, non-tech industries, global alliances, regulatory bodies – reign in the worst excesses of potentially dangerous AI innovators? This dynamic – a potentially dangerous technology developed at extreme speed, largely behind closed doors – is partly to blame for Altman’s firing. And we all have a stake in whose interests AI will serve – and right now, its development is being funded with billions of dollars by people expecting to make a huge profit. The Altman story is fascinating because Altman is the most powerful figure in AI technology, which in effect makes him one of the most powerful men in the world.
Persons: Jill Filipovic, Sam Altman, Altman, Jill Filipovic It’s, OpenAI, CNN’s David Goldman, he’ll, , Organizations: Twitter, CNN, Microsoft, Israeli Defense Force Locations: New York, Big Sur, Yorker, Atlantic, Silicon Valley
Officials from multiple US agencies played a quiet role in getting the Cisco equipment into Ukraine, sources say. In this undated photo, an employee at Ukraine’s state-owned grid operator, Ukrenergo, works on the power grid. As the world’s largest maker of computer networking equipment, Cisco had resources to spare. The switch allows an electric substation – which has the crucial task of converting power from high to low voltage – to communicate with other parts of a power grid. Years of Russian attacks on Ukraine’s gridBehind the scenes, US officials are often coordinating the delivery of key technology to Ukraine.
Persons: CNN —, Illia Vitiuk, Biden, Palantir, Ukrenergo, Joe Marshall, intently, Marshall, he’d, , ” Marshall, Taras Vasyliv, ” Vasyliv, Andrew Kravchenko, Vasyliv, Ukraine “, ” NERC Organizations: CNN, Engineers, Cisco, US Air Force, Washington, SpaceX, Microsoft, Pentagon, Department of Energy, Department of Commerce, Stanford University, GPS, Cisco’s, Ukrenergo, Bloomberg, Getty, GRU, US Department of Defense, Department of Homeland Security, Department of Locations: Austin , Texas, Ukraine, Russian, Stanford, Russia, Ukrainian, Denver, Ukraine’s, Kyiv, Silicon Valley, Alabama, East Coast, Germany, Rzeszów, Poland, California, , North America
Sam Altman was forced out of his position as the CEO of OpenAI on Friday. The announcement kicked off a weekend of chaos involving Altman, Microsoft, and the firm behind ChatGPT. AdvertisementOn Friday afternoon, the tech world reverberated with news that Sam Altman was being pushed out as the CEO of OpenAI, the artificial intelligence firm behind ChatGPT. Why is it so important that OpenAI and Microsoft figure it all out? To back up: Since 2019, Microsoft and OpenAI, which was founded as a nonprofit dedicated to artificial intelligence research, have worked together.
Persons: Sam Altman, Altman, , Greg Brockman, Brockman, ChatGPT, Satya Nadella, openai, Claude, Bard Organizations: Microsoft, Service, OpenAI, microsoft, Canva, JetBlue Locations: ChatGPT
Chick-fil-A began testing drone delivery in Texas and North Carolina last year. Retailers and restaurants testing drone service include Walmart, Amazon, and Jersey Mike's. Chick-fil-A restaurants in Granbury, Texas, and Durham, North Carolina, have been testing drone deliveries since September 2022. AdvertisementIn Florida, customers within the restaurant's drone drop zone can order delivery by drone through the Chick-fil-A app. Drone delivery is still experimental in the US but is catching on among top retailers and restaurant chains.
Persons: , Chick, Cane's, Papa Organizations: Florida . Retailers, Walmart, Amazon, Service, Papa Johns , Jersey Mike's Subs, Cream, Little Caesars, Starbucks Locations: Texas, North Carolina, Florida, Jersey, Brandon, Granbury , Texas, Durham , North Carolina, Virginia Beach , Virginia, Tel Aviv, Papa Johns , Jersey, Little, Southern California, California, California , Texas
How OpenAI so royally screwed up the Sam Altman firing
  + stars: | 2023-11-19 | by ( David Goldman | ) edition.cnn.com   time to read: +8 min
A company’s board of directors has an obligation, first and foremost, to its shareholders. Strange board structureThe bizarre structure of OpenAI’s board complicated matters. And some, including former OpenAI board member Elon Musk, fear the technology will surpass humanity in intelligence and could wipe out life on the planet. Microsoft, despite its massive stake, does not hold an OpenAI board seat, because of the company’s strange structure. Alternatively, it could become a competitor to Altman, who may ultimately decide to start a new company and drain talent from OpenAI.
Persons: New York CNN —, Sam Altman, Altman, , Bing, , Kara Swisher, weren’t, Greg Brockman, Brockman, OpenAI, mulligan, Ilya Sutskever, they’re, Swisher, Elon Musk, Mark Zuckerberg, OpenAI’s, Satya Nadella Organizations: New, New York CNN, Microsoft, Altman, Co, Office, Google, Amazon, IBM, Economic, Twitter, Wall Street, New York Times Locations: New York, Silicon Valley, Bing
The board accused CEO Sam Altman of not being "candid" when they fired him. AdvertisementElon Musk has multiple axes to grind when it comes to OpenAl and its cofounder Sam Altman. "He was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities," OpenAl said. AdvertisementThat's an unusual charter for a tech startup or most other private companies, which usually exist to primarily make a profit and provide investors with a return. Musk has also launched a competing Al research group, so chaos at OpenAl could be relatively good for that initiative.
Persons: OpenAI, Sam Altman, , Elon Musk, OpenAl, Altman, Musk, Toby Ord, Altman's, didn't, Ilya Sutskever, Sutskever, cofounders Organizations: Service, Oxford University, Big Tech, Bloomberg, Al, The New York Times Locations: OpenAl
OpenAI's board of directors said Friday that Sam Altman will step down as CEO and will be replaced on an interim basis by technology chief Mira Murati. "The board no longer has confidence in his ability to continue leading OpenAI," the statement said. The board also said that Greg Brockman, OpenAI's president, "will be stepping down as chairman of the board and will remain in his role at the company, reporting to the CEO." Before taking over as CEO, Altman, 38, was president of startup accelerator Y Combinator and gained prominence in Silicon Valley as an early-stage investor. Microsoft CEO Satya Nadella made a surprise guest appearance during the event, joining Altman on stage to discuss the startup's AI technologies and its partnership with Microsoft.
Persons: Sam Altman, Mira Murati, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, OpenAI, Greg Brockman, what's, Murati, Mira, ChatGPT, Satya Nadella, Nadella, Elon Musk, Altman, rapt, Ted Lieu, Mike Johnson, Joe Biden, Xi Jinping, Altman didn't, — CNBC's Lora Kolodny Organizations: Tech, Conference, Georgetown Center for Security, Emerging Technology, Microsoft, OpenAI, U.S . Senate, House Democratic Caucus, Economic Cooperation, U.S Locations: Laguna Beach , California, Mira, Silicon Valley, Indonesia, Asia, Pacific, Singapore, India, China, South Korea, Japan, San Francisco
Building a private 5G network for your business could be beneficial if you need fast data transfers. But 5G is more expensive than 4G or WiFi, so it may not be worth it for every business. McKinsey has estimated that mobile operators will spend more than $650 billion from 2022 to 2025 to make 5G networks the norm. If you're considering adding 5G to your business, here's what you need to know. "At present, there are very few 5G business networks deployed, and many are still in a trial phase.
Persons: , Keith Brownsword, Brownsword, William Webb, Webb, who's, Fabio Giust, Giust, it's, Samantha Kight Organizations: Service, Mobile, McKinsey, 4G, Institute of Electrical, Electronics Engineers, Access, 5G's
Tencent president Martin Lau said on Wednesday the company is holding a vast stockpile of chips. Its inventory is enough to last its AI development a "couple more generations," Lau said. The US issued a new AI chip export ban to China in October, sparking fears that Tencent could be hit. But Lau also said Tencent will eventually have to pivot toward China-made AI chips. "Going forward, we have to figure out ways to make usage of our AI chips more efficient," Lau said.
Persons: Martin Lau, Lau, , Tencent, Biden Organizations: US, Service, Nvidia, Baidu, Financial Times Locations: China
CNN —Federal regulators have granted SpaceX permission to launch a long-awaited second test flight of its Starship system — the most powerful rocket ever built — following an explosive first attempt in April. The agency then completed a safety review on October 31 for SpaceX’s planned second test flight. That process concluded on November 14, according to a statement from the agency, allowing FAA to issue the launch permit. Environmental concernsSpaceX may also face additional pushback from environmentalists ahead of — or in the wake of — the second launch attempt. The group of environmental and wildlife advocates that previously sued the FAA could still attempt to seek an injunction to stop the next launch.
Persons: , Artemis, greenlit, William Gerstenmaier, we’re, SpaceX’s, Elon Musk, Jared Margolis Organizations: CNN, SpaceX, Federal Aviation Administration, Super, FAA, US Fish and Wildlife Service, Center for Biological Diversity Locations: of Mexico, Boca Chica , Texas, China,
Biden, meanwhile, finds himself strapped with international challenges from the war in Ukraine to the latest conflict in Gaza. Chinese leader Xi Jinping, left, and US President Joe Biden. Getty ImagesXi’s agendaDespite the challenges he faces at home, the insulated Chinese leader may see himself in a stronger position relative to Biden. Xi will ask Biden to clarify and define the scope of the US approach on tech restrictions, analysts say. Liu Ranyang/China News Service/VCG/Getty Images‘Positive signals’The lead-up to Xi’s American visit has been marked with signals that China is hoping to smooth prickly relations.
Persons: — Xi Jinping, Joe Biden —, Xi, Biden, he’d, , Yun Sun, Xi Jinping, Joe Biden, , Suisheng Zhao, Stimson, Sun, Harry Moyer, Liu Ranyang, Zhong Sheng, wisecracks, Nancy Pelosi’s, Beijing’s, Shi Yinhong, Shi Organizations: CNN, Asia Pacific Economic Cooperation, , China Program, Stimson, Getty, Biden, Center for, Cooperation, University of Denver, Communist Party, US, Taiwan’s Democracy Progressive Party, US Flying Tigers, Kunming Foreign Language School, China News Service, “ Flying Tigers, China’s Renmin University, Republicans Locations: China, Hong Kong, San Fransisco, Bali , Indonesia, Ukraine, Gaza, Washington, Beijing, Center for China, Taiwan, California, Kunming, China's Yunnan, United States, Russia, Iran
The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Dutch holding company Yandex NV's planned restructuring is aimed at recouping some shareholder funds with the sale of its main revenue-generating Russian businesses, such as its search and ride-hailing operations. 'CONTROL FOR LESS'Yandex NV may sell 100% of a holding company set up in Russia's Kaliningrad region, said one of the people. A third source said this scenario would see Yandex NV make a clean break with Russia. Yandex NV shareholders could easily have been left with nothing, said one of the sources.
Persons: Evgenia, Yandex, Yandex's, Arkady Volozh, Russia's, nationalising Yandex, Darya Korsunskaya, Alexander Marrow, David Goodman, Bernadette Baum Organizations: REUTERS, Kremlin, VK, Reuters, Carlsberg, Danone, Yandex, Thomson Locations: Moscow, Russia, Ukraine, Yandex, Dubai, Russia's Kaliningrad, nationalising
The law is meant to replicate U.S. export controls to defence technology, seen as a key step to beginning the AUKUS plan to build a new class of nuclear-powered submarine in Australia and Britain. The proposed law creates three criminal offences, further restricts sharing of defence technology to foreign persons inside and outside Australia, while allowing licence-free sharing among the AUKUS partners. "This is pivotal legislation which is critical for establishing a seamless industrial base with our AUKUS partners," Defence Minister Richard Marles said in a statement on Tuesday. Australia needs to reform its defence industry to remove "burdensome red tape" with Britain and the U.S., he added. Australia's science academy said on Tuesday it was concerned at the impact on scientific collaboration with other nations, including China.
Persons: Richard Marles, Leon Neal, Chennupati Jagadish, Jagadish, Kirsty Needham, Gerry Doyle Organizations: UK Artificial Intelligence, Rights, U.S . State Department of, U.S . Congress, Australian Academy of Science, Thomson Locations: Bletchley, Britain, United States, Australia, Virginia, U.S, China, Canberra
The law is meant to replicate U.S. export controls to defence technology, seen as a key step to beginning the AUKUS plan to build a new class of nuclear-powered submarine in Australia and Britain. The proposed law creates three criminal offences, further restricts sharing of defence technology to foreign persons inside and outside Australia, while allowing licence-free sharing among the AUKUS partners. "This is pivotal legislation which is critical for establishing a seamless industrial base with our AUKUS partners," Defence Minister Richard Marles said in a statement on Tuesday. Australia needs to reform its defence industry to remove "burdensome red tape" with Britain and the U.S., he added. Australia's science academy said on Tuesday it was concerned at the impact on scientific collaboration with other nations, including China.
Persons: Kirsty Needham SYDNEY, Richard Marles, Chennupati Jagadish, Jagadish, Kirsty Needham, Gerry Doyle Organizations: U.S . State Department of, U.S . Congress, Australian Academy of Science Locations: United States, Australia, Britain, Virginia, U.S, China, Canberra
Meta is making a comeback to China 14 years after Facebook was blocked from being accessed there. The firm has struck a deal with Tencent to sell VR gear in 2024, The Wall Street Journal reported. Deals with Chinese firms are among the few ways big US tech companies can get a foothold there. China has largely banned US tech firms , bar Apple, from doing business there for several years. Meta still extracts cash out of China through Facebook and Instagram ads it sells to Chinese companies.
Persons: Tencent, , Susan Li, Meta didn't Organizations: Facebook, Street Journal, Service, titans, Apple, Baidu, Meta, ABC News Locations: China, Xinjiang, Urumqi, Meta's
T-Mobile's nationwide standalone 5G network helps power these efforts. The common thread of these varied scenarios might surprise you: 5G, the "fifth generation" of wireless network technology. T-Mobile is the only provider of a standalone nationwide 5G network, putting it in a prime position to shake up that paradigm in the US. Uses for all industriesT-Mobile's 5G technology can be applied across all industries, for an ever-expanding number of use cases. Find out more about how T-Mobile's 5G technology is powering change across industries.
Persons: , Parvin Mahajan, Mahajan, Heather Nelson, Rod Laver, Will Townsend, Organizations: Mobile, Children, Boston Children's Hospital, Drivers, Infosys, Rod Laver Arena, Insider Studios Locations: Bellevue , Washington
California later revoked the license for Cruise vehicles to operate without human drivers behind the wheel. In the crash, another vehicle with a person behind the wheel struck a pedestrian, sending the person into the path of a Cruise autonomous vehicle. The pedestrian was pinned under one of the Cruise vehicle's tires and was critically injured. NHTSA opened an investigation Oct. 16 into four reports that Cruise vehicles may not exercise proper caution around pedestrians. GM recently paused production of the Cruise Origin, a fully autonomous vehicle designed for Cruise to carry multiple passengers.
Persons: , Cruise, Cruise's robotaxis Organizations: Motors, Cruise, Service, state's Department of Motor Vehicles, U.S . National, Traffic Safety Administration, NHTSA, AV, Department of Motor Vehicles, General Motors Co, Detroit, GM Locations: San Francisco, California, Cruise, Detroit
London CNN —The United Kingdom’s competition watchdog has wrapped up its antitrust investigations into Amazon’s and Meta’s retail platforms, saying it has secured commitments from the US tech giants that will ultimately benefit consumers. In theory, the more businesses are able to fairly compete for consumers’ cash, the more choice consumers ultimately have. Meta’s competitors will have the option to “opt out” of the tech firm using some of their data to improve Facebook Marketplace, the CMA said. That commitment, along with others, means Meta “cannot exploit advertising customers’ data to give itself an unfair advantage — and as such distort competition,” Pope said. A spokesperson for Meta told CNN it welcomed the CMA’s decision to close its investigation into Facebook Marketplace.
Persons: Ann Pope, ” Pope, Meta Organizations: London CNN, Markets Authority, CMA, Amazon, Facebook, CNN, Meta, Global, Big Tech, US Federal Trade Commission, European Union
“I’m glad to see at this point that people are taking AI seriously,” Musk said to Sunak on Thursday. Musk and world leadersMusk’s conversation with Sunak is one of numerous chats with world leaders the SpaceX and Tesla CEO has joined in the past few months. Musk met with Israeli Prime Minister Benjamin Netanyahu in September, weeks before the outbreak of the Israel-Hamas war. Other big names that recently made time for Musk in their schedule include Italian Prime Minister Giorgia Meloni in June, Indian Prime Minister Narendra Modi in June and Turkish President Recep Tayyip Erdogan in September. Sunak and Musk discussed how digital super-intelligence could affect the public and require regulation the same way industries such as aviation and cars require regulation.
Persons: CNN — Elon, Rishi Sunak, ” Musk, Musk, Kamala Harris, Sam Altman, “ I’m, Sunak, Goldman Sachs, Benjamin Netanyahu, Netanyahu, Emmanuel Macron, Giorgia Meloni, Narendra Modi, Recep Tayyip Erdogan, , Communications Shlomo Karhi, , ” Karhi, Alexandria Ocasio, Cortez, Walter Isaacson’s, Elon Musk, Isaacson, , Luke McGee, Ivana Kottasová, Sean Lyngaas Organizations: CNN, British, Safety, Lancaster House, Allied Forces codebreaking, US, Winchester College , Oxford, Stanford, European Union, SpaceX, Tesla, Israeli, Twitter, Defamation League, Italian, Indian, Communications, Hamas, US Democratic Rep, Russian Locations: London, Bletchley, Israel, United States, China, Gaza, Alexandria, Cortez, Crimean, Ukrainian, Sevastopol, Russia, Crimea, Korea, France
The next Apple Watch could help detect sleep apnea by tracking your breathing, Bloomberg reports. The feature, set to come out in 2024, will detect a person's breathing while they sleep and help determine if they exhibit signs of sleep apnea, according to the report. Right now, the Apple Watch does have some health-tracking abilities and can monitor things like heart rate and blood oxygen levels. AdvertisementAdvertisementThe Apple Watch isn't the only tool Apple has been working to equip with health-conscious technology. Apple has been coming out with a new version of the Apple Watch every year since its 2015 debut.
Persons: Apple, Organizations: Apple, Bloomberg, Vision, Service, Apple Watch
Ad agency holding companies say they are being hurt by more cautious technology advertising. At Meta Platforms, for instance, outlays for marketing and sales decreased 24% in the third quarter. Photo: kena betancur/Agence France-Presse/Getty ImagesSome of the major advertising holding companies are still feeling the impact of lower spending from technology clients—with some hit harder than others. Recent quarterly results from Interpublic Group , Omnicom Group , WPP and Publicis Groupe showed that many of their units are seeing more caution from some advertisers, slower project work, delayed starts of new business or other signs of a pullback.
Persons: kena Organizations: Agence France, Interpublic, Omnicom, WPP, Publicis Groupe
CNN —Instagram and Facebook users in Europe now have a choice to opt out of targeted ads if they pay for a monthly subscription. The offerings are part of an effort to comply with multiple European regulations aimed at curbing US technology companies’ use of personalized ads. Over the last year, the EU has tightened its rules and will soon require Big Tech companies to ask users for their consent around such advertising. In July, a court ruled that tech companies could use subscription models as a way of obtaining such consent, including asking users if they wanted to access Facebook and Instagram without advertising for a fee. Users will still be able to use Instagram and Facebook for free but will continue to see ads.
Persons: CNN — Instagram, ” Meta, Organizations: CNN, Meta, European Union, EU, Big Tech, Facebook, Data Locations: Europe, Iceland, Liechtenstein, Norway, Switzerland
Kirk McDonald, the North America CEO of WPP's media buying division GroupM, is set to leave the company, GroupM confirmed on Monday. Mindshare Global CEO Adam Gerhart will take on additional duties as GroupM North America CEO while the company searches for a permanent replacement, Juhl wrote. "He has also been a valuable partner to me and the global GroupM leadership community more broadly." Under McDonald's leadership, GroupM North America has sought to implement a "responsible investment strategy." He has also been a valuable partner to me and the global GroupM leadership community more broadly.
Persons: Kirk McDonald, GroupM, Christian Juhl, McDonald, Adam Gerhart, Juhl, Kirk, Mark Read, Read, Mark Read's bounceback, we've, Kirk McDonald's, I'm, Adam, He's, Christian Organizations: North America, GroupM Global, Mindshare, North, America, WPP, Adobe, GroupM, AT, Time Inc, CNET, Pacific Islanders, Mindshare's Global, GroupM North, Global, NA Locations: Canada, North America, GroupM, America, American, GroupM North America, New York
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